FGI Industries (FGI) Gross Margin (2021 - 2026)
FGI Industries' Gross Margin came in at 33.44% for Q2 2026, up 5.35 percentage points from 28.09% a year earlier and up 6.68 percentage points from the prior quarter.
FGI Industries (FGI) Gross Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, FGI Industries reported Gross Margin of 28.33%, up 2.10 percentage points year-over-year; for FY2025, it came in at 27.01%, up 0.13 percentage points from FY2024.
- Gross Margin carries a four-year change of +9.31 percentage points (FY2021 to FY2025).
- Going back by year, Gross Margin was 26.88% in FY2024 (-0.48 pp), 27.36% in FY2023 (+7.88 pp), 19.48% in FY2022 (+1.78 pp) and 17.70% in FY2021.
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q1 2021.
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of +0.03 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2023 (a gain of 9.83 percentage points), and the weakest in Q4 2024 (a drop of 4.63 percentage points).
- Business Quant data shows FGI's Gross Margin at 26.76% (Q1 2026), 26.73% (Q4 2025) and 26.50% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 36.20% |
| 10 | FGI Industries | 15.26 Mn | 13.24 Mn | 10.66 Mn | 33.44% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.44% |
| Mar 31, 2026 | 26.76% |
| Dec 31, 2025 | 26.73% |
| Sep 30, 2025 | 26.50% |
| Jun 30, 2025 | 28.09% |
| Mar 31, 2025 | 26.80% |
| Dec 31, 2024 | 24.56% |
| Sep 30, 2024 | 25.79% |
| Jun 30, 2024 | 30.52% |
| Mar 31, 2024 | 27.36% |
| Dec 31, 2023 | 29.19% |
| Sep 30, 2023 | 26.16% |
| Jun 30, 2023 | 27.44% |
| Mar 31, 2023 | 26.52% |
| Dec 31, 2022 | 23.66% |
| Sep 30, 2022 | 20.86% |
| Jun 30, 2022 | 17.61% |
| Mar 31, 2022 | 17.27% |
| Dec 31, 2021 | 14.50% |
| Sep 30, 2021 | 15.97% |
FGI Industries Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();