Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 39.24% is in line with its 5-year average of 37.78%, around the middle of its 5-year range (35.68%–41.22%).
0.31% above its 12-month average of 39.12%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
39.24%
GROSS MARGIN AVG TTM
39.12%
GROSS MARGIN AVG 3Y
37.92%
GROSS MARGIN AVG 5Y
37.78%
GROSS MARGIN AVG 10Y
38.26%
GROSS MARGIN AVG 15Y
38.46%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.31%
CURRENT VS 3Y AVG
+3.47%
CURRENT VS 5Y AVG
+3.88%
CURRENT VS 10Y AVG
+2.56%
CURRENT VS 15Y AVG
+2.03%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
30.92%
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+26.89%
vs the sector median at left
Market Cap
$25.52B
Gross Margin
16.26%
TTM Avg
15.19%
3Y Avg
16.07%
5Y Avg
15.79%
Market Cap
$24.30B
Gross Margin
15.31%
TTM Avg
14.02%
3Y Avg
13.54%
5Y Avg
13.23%
Market Cap
$24.21B
Gross Margin
35.20%
TTM Avg
34.64%
3Y Avg
33.54%
5Y Avg
31.85%
Market Cap
$26.32B
Gross Margin
30.17%
TTM Avg
30.07%
3Y Avg
29.57%
5Y Avg
29.54%
Market Cap
$23.13B
Gross Margin
60.18%
TTM Avg
59.87%
3Y Avg
58.59%
5Y Avg
58.30%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xylem Inc. (XYL) | $24.99B | 39.24% | 39.12% | 37.92% | 37.78% |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.52B | 16.26% | 15.19% | 16.07% | 15.79% |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.30B | 15.31% | 14.02% | 13.54% | 13.23% |
| Hubbell Incorporated (HUBB)vs › | $24.21B | 35.20% | 34.64% | 33.54% | 31.85% |
| nVent Electric plc (NVT)vs › | $26.01B | 36.97% | 38.98% | 38.52% | 38.31% |
| Dover Corporation (DOV)vs › | $25.97B | 39.58% | 38.98% | 38.08% | 37.82% |
| Otis Worldwide Corporation (OTIS)vs › | $26.32B | 30.17% | 30.07% | 29.57% | 29.54% |
| Veralto Corporation (VLTO)vs › | $23.13B | 60.18% | 59.87% | 58.59% | 58.30% |
| Symbotic Inc. (SYM)vs › | $27.85B | 21.60% | 17.21% | 17.25% | 8.77% |
| XPO Logistics, Inc. (XPO)vs › | $22.02B | 12.77% | 11.67% | 10.68% | 10.86% |
Gross Margin
39.2%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 41.22% |
| 2026-03-31 | 37.79% |
| 2025-12-31 | 38.88% |
| 2025-09-30 | 38.93% |
| 2025-06-30 | 38.77% |
| 2025-03-31 | 37.12% |
| 2024-12-31 | 37.99% |
| 2024-09-30 | 37.28% |
| 2024-06-30 | 37.76% |
| 2024-03-31 | 36.99% |
| 2023-12-31 | 35.68% |
| 2023-09-30 | 36.80% |
| 2023-06-30 | 37.80% |
| 2023-03-31 | 37.71% |
| 2022-12-31 | 38.05% |
| 2022-09-30 | 37.97% |
| 2022-06-30 | 38.12% |
| 2022-03-31 | 36.71% |
| 2021-12-31 | 37.26% |
| 2021-09-30 | 37.31% |
| 2021-06-30 | 38.49% |
| 2021-03-31 | 39.01% |
| 2020-12-31 | 38.31% |
| 2020-09-30 | 37.79% |
| 2020-06-30 | 37.41% |
| 2020-03-31 | 36.42% |
| 2019-12-31 | 39.17% |
| 2019-09-30 | 39.27% |
| 2019-06-30 | 39.11% |
| 2019-03-31 | 38.32% |
| 2018-12-31 | 39.11% |
| 2018-09-30 | 39.24% |
| 2018-06-30 | 39.41% |
| 2018-03-31 | 37.80% |
| 2017-12-31 | 39.86% |
| 2017-09-30 | 39.41% |
| 2017-06-30 | 39.43% |
| 2017-03-31 | 38.47% |
| 2016-12-31 | 37.08% |
| 2016-09-30 | 39.80% |
| 2016-06-30 | 39.59% |
| 2016-03-31 | 38.84% |
| 2015-12-31 | 39.24% |
| 2015-09-30 | 38.91% |
| 2015-06-30 | 37.83% |
| 2015-03-31 | 37.63% |
| 2014-12-31 | 39.06% |
| 2014-09-30 | 39.04% |
| 2014-06-30 | 38.61% |
| 2014-03-31 | 37.75% |
| 2013-12-31 | 39.69% |
| 2013-09-30 | 39.79% |
| 2013-06-30 | 38.65% |
| 2013-03-31 | 38.00% |
| 2012-12-31 | 39.42% |
| 2012-09-30 | 40.17% |
| 2012-06-30 | 39.65% |
| 2012-03-31 | 39.24% |
| 2011-12-31 | 37.89% |
| 2011-09-30 | 38.87% |
| 2011-06-30 | 39.03% |
| 2011-03-31 | 37.87% |
| 2010-12-31 | 38.40% |
| 2010-09-30 | 38.34% |
| 2010-03-31 | 37.17% |
