Csw Industrials (CSW) Gross Margin (2014 - 2025)
Csw Industrials (CSW) posted Gross Margin of 39.68% for Q4 2025, down 7.8% on a QoQ basis from 43.03% in Q3 2025, and down 169.0% year-over-year from 57.5% in Q4 2024.
Analysis
Csw Industrials (CSW) Gross Margin (2014 - 2025) Analysis & Trends
Csw Industrials has reported Gross Margin for 12 years, with the latest figure at 39.68% in Q4 2025.
- On a quarterly basis, Gross Margin fell 169.0% year-over-year to 39.68% in Q4 2025; TTM through Dec 2025 was 42.72%, a 213.0% decrease from a year earlier, with the FY2025 full-year figure at 44.78%, up 54.0% from the prior year.
- Gross Margin was 39.68% for Q4 2025 at Csw Industrials, down from 43.03% in the prior quarter.
- The five-year high for Gross Margin was 47.49% in Q2 2024, with the low at 37.67% in Q4 2021.
- Average Gross Margin over 5 years is 42.66%, with a median of 42.92% recorded in 2021.
- The sharpest annual moves came in 2021 and 2023: Gross Margin tumbled 539 bps in 2021, then jumped 383 bps in 2023.
- Over 5 years, Gross Margin stood at 37.67% in 2021, then gained by 2 bps to 38.46% in 2022, then climbed by 10 bps to 42.28% in 2023, then decreased by 2 bps to 41.37% in 2024, then retreated by 4 bps to 39.68% in 2025.
- The last three Gross Margin figures came in at 39.68% (Q4 2025), 43.03% (Q3 2025), and 43.79% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.08 Bn | 95.76 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 86.89 Bn | 86.25 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 55.77 Bn | 53.91 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 46.66 Bn | 45.31 Bn | 1.94 Bn | 30.59% |
| 5 | Lennox International | 12.92 Bn | 12.87 Bn | 539.50 Mn | 34.91% |
| 6 | Modine Manufacturing | 9.50 Bn | 9.42 Bn | - | - |
| 7 | SPX Technologies | 9.36 Bn | 9.20 Bn | 272.80 Mn | 40.18% |
| 8 | Smith A O | 7.78 Bn | 7.60 Bn | 387.80 Mn | 38.61% |
| 9 | Aaon | 6.31 Bn | 6.31 Bn | 152.49 Mn | 24.32% |
| 10 | Csw Industrials | 4.82 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 39.68% |
| Sep 30, 2025 | 43.03% |
| Jun 30, 2025 | 43.79% |
| Mar 31, 2025 | 44.19% |
| Dec 31, 2024 | 41.37% |
| Sep 30, 2024 | 45.59% |
| Jun 30, 2024 | 47.49% |
| Mar 31, 2024 | 44.41% |
| Dec 31, 2023 | 42.28% |
| Sep 30, 2023 | 44.66% |
| Jun 30, 2023 | 45.32% |
| Mar 31, 2023 | 43.61% |
| Dec 31, 2022 | 38.46% |
| Sep 30, 2022 | 42.18% |
| Jun 30, 2022 | 43.23% |
| Mar 31, 2022 | 41.72% |
| Dec 31, 2021 | 37.67% |
| Sep 30, 2021 | 40.65% |
| Jun 30, 2021 | 42.80% |
| Mar 31, 2021 | 41.15% |