RANKINGS
Highest Gross Margin — Industrials
Gross margin measures the percentage of revenue retained after cost of goods sold.
231 companies with Gross Margin data.
Ranked by Gross Margin(231)
| # | Ticker | Name | Market Cap | Gross Margin |
|---|---|---|---|---|
| 1 | CAT | $429.0B | 84.0% | |
| 2 | FFIV | $23.7B | 81.5% | |
| 3 | FTNT | $117.7B | 80.3% | |
| 4 | ATEN | $2.6B | 79.3% | |
| 5 | AIMD | $14M | 79.2% | |
| 6 | RDCM | $241M | 76.0% | |
| 7 | AIOS | $44M | 72.0% | |
| 8 | ALLT | $409M | 71.1% | |
| 9 | ANET | $228.1B | 63.5% | |
| 10 | DGII | $2.5B | 63.4% | |
| 11 | ERII | $446M | 63.1% | |
| 12 | EXTR | $4.3B | 61.3% | |
| 13 | ETD | $563M | 60.4% | |
| 14 | TDG | $69.1B | 59.6% | |
| 15 | AXON | $44.1B | 59.3% | |
| 16 | OFLX | $301M | 59.2% | |
| 17 | IBM | $272.8B | 58.4% | |
| 18 | OSS | $322M | 57.6% | |
| 19 | SNDK | $247.9B | 56.0% | |
| 20 | RR | $362M | 55.8% | |
| 21 | WRAP | $118M | 55.7% | |
| 22 | CRCT | $949M | 55.1% | |
| 23 | CHRN | $2.9B | 52.9% | |
| 24 | ASML | $665.2B | 52.8% | |
| 25 | GGG | $12.3B | 52.3% | |
| 26 | LRCX | $412.6B | 50.0% | |
| 27 | SCKT | $5M | 49.9% | |
| 28 | EVLV | $1.1B | 49.8% | |
| 29 | WTS | $11.6B | 49.2% | |
| 30 | TACT | $55M | 49.0% | |
| 31 | OUST | $2.7B | 49.0% | |
| 32 | HLMN | $1.5B | 48.4% | |
| 33 | AAPL | $4.7T | 47.9% | |
| 34 | HAYW | $3.4B | 47.4% | |
| 35 | ASYS | $315M | 45.9% | |
| 36 | TRSG | $24M | 45.9% | |
| 37 | FTEK | $50M | 45.8% | |
| 38 | SSD | $7.6B | 45.5% | |
| 39 | TAYD | $179M | 45.5% | |
| 40 | WDC | $191.5B | 45.4% | |
| 41 | ZWS | $7.8B | 45.4% | |
| 42 | KAI | $3.4B | 45.0% | |
| 43 | PRLB | $1.8B | 44.9% | |
| 44 | IEX | $16.4B | 44.4% | |
| 45 | FBIN | $6.0B | 44.4% | |
| 46 | KRNT | $725M | 44.3% | |
| 47 | ACMR | $6.5B | 44.2% | |
| 48 | ITW | $78.1B | 44.1% | |
| 49 | SGI | $15.1B | 44.0% | |
| 50 | AZTA | $1.2B | 43.8% | |
| 51 | GFF | $4.1B | 43.8% | |
| 52 | CODI | $747M | 43.7% | |
| 53 | ZJK | $130M | 43.7% | |
| 54 | ACLS | $4.2B | 43.6% | |
| 55 | OMCL | $2.1B | 43.5% | |
| 56 | IR | $30.7B | 43.2% | |
| 57 | PAR | $709M | 42.9% | |
| 58 | LTRX | $237M | 42.9% | |
| 59 | XPEL | $1.2B | 42.5% | |
| 60 | CXT | $2.9B | 42.0% | |
| 61 | HSAI | $2.4B | 41.8% | |
| 62 | CR | $12.5B | 41.6% | |
| 63 | STX | $194.7B | 41.5% | |
| 64 | SXI | $3.7B | 41.3% | |
| 65 | SSYS | $720M | 41.2% | |
| 66 | KRMN | $6.0B | 41.0% | |
| 67 | PNR | $12.4B | 40.9% | |
| 68 | DORM | $4.2B | 40.9% | |
| 69 | ALSN | $9.6B | 40.8% | |
| 70 | SPXC | $10.8B | 40.5% | |
| 71 | HNI | $2.9B | 40.1% | |
| 72 | JBDI | $12M | 39.7% | |
| 73 | PRPL | $36M | 39.7% | |
| 74 | GTES | $6.7B | 39.6% | |
| 75 | ACU | $181M | 39.6% | |
| 76 | DOV | $28.9B | 39.5% | |
| 77 | TNC | $1.5B | 39.5% | |
| 78 | TREX | $4.8B | 39.2% | |
| 79 | MLKN | $1.4B | 38.7% | |
| 80 | XYL | $28.8B | 38.6% | |
| 81 | VECO | $3.4B | 38.6% | |
| 82 | LFUS | $10.3B | 38.3% | |
| 83 | GNRC | $13.4B | 38.1% | |
| 84 | MWA | $3.8B | 37.6% | |
| 85 | ALH | $5.1B | 37.6% | |
| 86 | JBI | $708M | 37.5% | |
| 87 | LCUT | $200M | 37.5% | |
| 88 | RRX | $13.9B | 37.4% | |
| 89 | PH | $119.9B | 37.2% | |
| 90 | CW | $27.3B | 37.2% | |
| 91 | NVT | $25.6B | 37.0% | |
| 92 | ETN | $156.4B | 36.9% | |
| 93 | ESAB | $5.4B | 36.7% | |
| 94 | JCI | $87.8B | 36.6% | |
| 95 | LECO | $13.8B | 36.0% | |
| 96 | ITT | $17.4B | 35.5% | |
| 97 | MAS | $15.4B | 35.4% | |
| 98 | JBTM | $7.2B | 35.3% | |
| 99 | FELE | $4.6B | 35.2% | |
| 100 | TGEN | $119M | 35.2% |
How to turn this ranking into valuation work
Start with the company page
Validate business quality, margins, capital structure, and the current valuation context before relying on a single multiple.
Then validate WACC
A cheap multiple does not guarantee a sensible discount rate. Check cost of capital before finalizing DCF assumptions.
Finish with DCF
Use the matching DCF page to test intrinsic value so multiples, discount rates, and cash-flow assumptions stay connected.
Gross Margin Rankings in Other Sectors
Data updated daily · Source: SEC EDGAR, Polygon.io