Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 55.93% is in line with its 5-year average of 55.58%, around the middle of its 5-year range (53.85%–57.56%).
0.87% below its 12-month average of 56.42%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
55.93%
GROSS MARGIN AVG TTM
56.42%
GROSS MARGIN AVG 3Y
55.36%
GROSS MARGIN AVG 5Y
55.58%
GROSS MARGIN AVG 10Y
58.13%
GROSS MARGIN AVG 15Y
58.48%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.87%
CURRENT VS 3Y AVG
+1.04%
CURRENT VS 5Y AVG
+0.63%
CURRENT VS 10Y AVG
-3.79%
CURRENT VS 15Y AVG
-4.36%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER DEFENSIVE
37.93%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+47.46%
vs the sector median at left
Anheuser-Busch InBev SA/NV
Market Cap
$157.02B
Gross Margin
55.93%
TTM Avg
56.42%
3Y Avg
55.36%
5Y Avg
55.58%
Market Cap
$118.95B
Gross Margin
83.50%
TTM Avg
83.17%
3Y Avg
82.76%
5Y Avg
82.65%
Market Cap
$84.40B
Gross Margin
55.55%
TTM Avg
54.95%
3Y Avg
53.33%
5Y Avg
54.78%
Market Cap
$78.66B
Gross Margin
31.15%
TTM Avg
33.75%
3Y Avg
35.41%
5Y Avg
36.69%
Market Cap
$70.74B
Gross Margin
60.42%
TTM Avg
60.17%
3Y Avg
58.66%
5Y Avg
59.01%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Anheuser-Busch InBev SA/NV (BUD) | $157.02B | 55.93% | 56.42% | 55.36% | 55.58% |
| PepsiCo, Inc. (PEP)vs › | $189.12B | 53.96% | 54.35% | 53.99% | 54.02% |
| British American Tobacco p.l.c. (BTI)vs › | $118.95B | 83.50% | 83.17% | 82.76% | 82.65% |
| Altria Group, Inc. (MO)vs › | $113.83B | 70.99% | 71.24% | 70.25% | 68.30% |
| Monster Beverage Corporation (MNST)vs › | $84.40B | 55.55% | 54.95% | 53.33% | 54.78% |
| Mondelez International, Inc. (MDLZ)vs › | $78.66B | 31.15% | 33.75% | 35.41% | 36.69% |
| Target Corporation (TGT)vs › | $73.90B | 29.30% | 28.07% | 27.89% | 27.51% |
| Colgate-Palmolive Company (CL)vs › | $70.74B | 60.42% | 60.17% | 58.66% | 59.01% |
| Nestlé S.A. (NSRGY)vs › | $254.32B | 45.59% | 46.27% | 45.96% | 46.80% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $47.22B | 35.58% | 35.61% | 36.01% | 36.15% |
Gross Margin
55.9%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 57.08% |
| 2025-12-31 | 55.88% |
| 2025-06-30 | 56.29% |
| 2024-12-31 | 55.42% |
| 2024-06-30 | 55.09% |
| 2023-12-31 | 53.88% |
| 2023-06-30 | 53.85% |
| 2022-12-31 | 54.57% |
| 2022-06-30 | 54.38% |
| 2021-12-31 | 57.38% |
| 2021-06-30 | 57.56% |
| 2020-12-31 | 58.81% |
| 2020-06-30 | 57.29% |
| 2019-12-31 | 60.73% |
| 2019-06-30 | 61.45% |
| 2018-12-31 | 62.99% |
| 2018-06-30 | 62.39% |
| 2017-12-31 | 63.49% |
| 2017-06-30 | 60.62% |
| 2016-12-31 | 61.28% |
| 2016-06-30 | 60.40% |
| 2015-12-31 | 61.65% |
| 2015-06-30 | 59.72% |
| 2014-12-31 | 60.42% |
| 2014-06-30 | 59.86% |
| 2013-12-31 | 60.58% |
| 2013-06-30 | 57.71% |
| 2012-12-31 | 59.25% |
| 2012-06-30 | 58.04% |
| 2011-12-31 | 58.18% |
| 2011-06-30 | 56.58% |
| 2010-12-31 | 55.72% |
| 2010-06-30 | 55.26% |
| 2009-12-31 | 0.00% |