Trutankless (TKLS) Gross Margin (2014 - 2026)
Trutankless (TKLS) recorded Gross Margin of 55.73% in Q2 2026, up 36.67 percentage points from 19.06% a year earlier and up 8.44 percentage points from the prior quarter.
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Analysis
Trutankless (TKLS) Gross Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Trutankless' Gross Margin came in at 32.62% as of Jun 30, 2026, up 22.87 percentage points year-over-year; for FY2025, it came in at 3.88%, up 19.15 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -17.57 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at -15.27% in FY2024 (-115.27 pp), 100.00% in FY2023 (+639.57 pp), -539.57% in FY2022 (-587.68 pp) and 48.11% in FY2021 (+26.66 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q2 2024.
- On a year-over-year basis, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of -1805.78 percentage points over the last seven quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 13701.55 percentage points in Q4 2023, against a drop of 13102.17 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 47.29% (Q1 2026), -39.93% (Q4 2025) and 23.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.77 Bn | 96.49 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 89.79 Bn | 87.52 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 49.37 Bn | 44.62 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 46.49 Bn | 40.80 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 27.54 Bn | 23.96 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 15.37 Bn | 14.44 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 14.88 Bn | 12.74 Bn | 868.00 Mn | 43.57% |
| 8 | Carlisle Companies | 13.65 Bn | 9.99 Bn | 568.40 Mn | 36.20% |
| 9 | Allegion | 13.45 Bn | 12.16 Bn | 517.50 Mn | 44.94% |
| 10 | Trutankless | 8.81 Mn | 8.73 Mn | 300,215.00 | 55.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.73% |
| Mar 31, 2026 | 47.29% |
| Dec 31, 2025 | -39.93% |
| Sep 30, 2025 | 23.77% |
| Jun 30, 2025 | 19.06% |
| Mar 31, 2025 | 24.25% |
| Dec 31, 2024 | -220.92% |
| Sep 30, 2024 | 35.74% |
| Jun 30, 2024 | 100.00% |
| Dec 31, 2023 | 12,881.25% |
| Sep 30, 2023 | -278.14% |
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | -820.30% |
| Sep 30, 2022 | -146.21% |
| Jun 30, 2022 | 15.70% |
| Mar 31, 2022 | 56.94% |
| Dec 31, 2021 | 138.50% |
| Sep 30, 2021 | 65.80% |
| Jun 30, 2021 | 51.08% |
API Access
Trutankless 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=TKLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TKLS", "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=TKLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();