Gross Margin

Gross margin, the percentage of revenue left after subtracting the cost of goods sold, is currently 34.8% for TT.

This sits below the sector median of 43.9%, placing TT in the 32nd percentile among its peers, meaning the company keeps a smaller share of revenue as profit from its core products than most competitors. No trend data is available: the year-over-year change and quarter-over-quarter change are both listed as N/A, and there is no historical record for the last eight quarters, so the direction of gross margin cannot be assessed. Without a trend to indicate improvement or deterioration, the single data point of a below-median gross margin suggests the company may face intrinsic cost pressures or pricing weakness, raising a risk of sustained lower profitability. At the same time, the absence of a negative trend means this lower level does not signal a worsening condition, leaving room for stable operations. The below-peer gross margin aligns with the NEUTRAL verdict, as it highlights a structural disadvantage without an immediate catalyst for decline, neither strongly supporting an upgrade nor demanding a downgrade.

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