Avantor (AVTR) Gross Margin (2018 - 2026)
Avantor (AVTR) posted Gross Margin of 31.73% for Q2 2026, little changed on a QoQ basis from 31.66% in Q1 2026, and down 118.0% year-over-year from 176.29% in Q2 2025.
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Avantor (AVTR) Gross Margin (2018 - 2026) Analysis & Trends
Avantor has reported Gross Margin for 9 years, with the latest figure at 31.73% in Q2 2026.
- On a quarterly basis, Gross Margin fell 118.0% year-over-year to 31.73% in Q2 2026; TTM through Jun 2026 was 31.83%, a 142.0% decrease from a year earlier, with the FY2025 full-year figure at 32.65%, down 95.0% from the prior year.
- Gross Margin was 31.73% for Q2 2026 at Avantor, roughly flat from 31.66% in the prior quarter.
- The five-year high for Gross Margin was 35.37% in Q1 2022, with the low at 31.49% in Q4 2025.
- Average Gross Margin over 5 years is 33.48%, with a median of 33.73% recorded in 2025.
- The sharpest annual moves came in 2022 and 2026: Gross Margin jumped 147 bps in 2022, then sank 216 bps in 2026.
- Over 5 years, Gross Margin stood at 34.23% in 2022, then fell by 3 bps to 33.11% in 2023, then advanced by 1 bps to 33.37% in 2024, then slipped by 6 bps to 31.49% in 2025, then advanced by 1 bps to 31.73% in 2026.
- The last three Gross Margin figures came in at 31.73% (Q2 2026), 31.66% (Q1 2026), and 31.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.97 Bn | 59.38 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 56.26 Bn | 56.05 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 43.04 Bn | 42.22 Bn | 2.32 Bn | 31.02% |
| 4 | Reliance | 20.06 Bn | 19.82 Bn | 1.30 Bn | 28.09% |
| 5 | Wesco International | 16.79 Bn | 15.99 Bn | 1.46 Bn | 21.85% |
| 6 | Applied Industrial Technologies | 11.91 Bn | 11.78 Bn | 411.22 Mn | 30.40% |
| 7 | Watsco | 11.87 Bn | 11.41 Bn | 578.93 Mn | 27.50% |
| 8 | Avantor | 10.07 Bn | 9.76 Bn | 537.00 Mn | 31.73% |
| 9 | Core & Main | 7.67 Bn | 7.52 Bn | 520.00 Mn | 27.23% |
| 10 | Msc Industrial Direct | 6.68 Bn | 6.61 Bn | 430.41 Mn | 41.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.73% |
| Mar 31, 2026 | 31.66% |
| Dec 31, 2025 | 31.49% |
| Sep 30, 2025 | 32.42% |
| Jun 30, 2025 | 32.92% |
| Mar 31, 2025 | 33.82% |
| Dec 31, 2024 | 33.37% |
| Sep 30, 2024 | 32.92% |
| Jun 30, 2024 | 34.15% |
| Mar 31, 2024 | 33.96% |
| Dec 31, 2023 | 33.11% |
| Sep 30, 2023 | 33.64% |
| Jun 30, 2023 | 33.83% |
| Mar 31, 2023 | 35.10% |
| Dec 31, 2022 | 34.23% |
| Sep 30, 2022 | 35.05% |
| Jun 30, 2022 | 33.90% |
| Mar 31, 2022 | 35.37% |
| Dec 31, 2021 | 33.94% |
| Sep 30, 2021 | 33.58% |