Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 18.81% is in line with its 5-year average of 17.24%, around the middle of its 5-year range (12.40%–22.12%).
As of the fiscal period ended Tuesday, March 31, 2026. 5.94% above its 12-month average of 17.75%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
18.81%
GROSS MARGIN AVG TTM
17.75%
GROSS MARGIN AVG 3Y
18.87%
GROSS MARGIN AVG 5Y
17.24%
GROSS MARGIN AVG 10Y
17.77%
GROSS MARGIN AVG 15Y
17.13%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+5.94%
CURRENT VS 3Y AVG
-0.35%
CURRENT VS 5Y AVG
+9.09%
CURRENT VS 10Y AVG
+5.86%
CURRENT VS 15Y AVG
+9.80%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
38.11%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-50.65%
vs the sector median at left
BYD Company Limited
Market Cap
$103.02B
Gross Margin
18.81%
TTM Avg
17.75%
3Y Avg
18.87%
5Y Avg
17.24%
Market Cap
$98.35B
Gross Margin
42.68%
TTM Avg
45.30%
3Y Avg
47.26%
5Y Avg
45.76%
Market Cap
$91.14B
Gross Margin
20.16%
TTM Avg
20.83%
3Y Avg
21.30%
5Y Avg
19.87%
Market Cap
$121.59B
Gross Margin
31.75%
TTM Avg
25.49%
3Y Avg
26.08%
5Y Avg
25.78%
Market Cap
$82.40B
Gross Margin
46.64%
TTM Avg
47.18%
3Y Avg
40.90%
5Y Avg
9.93%
Market Cap
$124.07B
Gross Margin
33.80%
TTM Avg
32.36%
3Y Avg
31.89%
5Y Avg
31.76%
Market Cap
$80.82B
Gross Margin
5.74%
TTM Avg
14.13%
3Y Avg
16.20%
5Y Avg
16.89%
Market Cap
$80.78B
Gross Margin
28.33%
TTM Avg
27.87%
3Y Avg
27.12%
5Y Avg
26.25%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BYD Company Limited (BYDDY) | $103.02B | 18.81% | 17.75% | 18.87% | 17.24% |
| MercadoLibre, Inc. (MELI)vs › | $98.35B | 42.68% | 45.30% | 47.26% | 45.76% |
| Airbnb, Inc. (ABNB)vs › | $109.79B | 82.90% | 83.02% | 82.75% | 80.97% |
| Marriott International, Inc. (MAR)vs › | $91.14B | 20.16% | 20.83% | 21.30% | 19.87% |
| Starbucks Corporation (SBUX)vs › | $121.59B | 31.75% | 25.49% | 26.08% | 25.78% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $82.40B | 46.64% | 47.18% | 40.90% | 9.93% |
| Lowe's Companies, Inc. (LOW)vs › | $124.07B | 33.80% | 32.36% | 31.89% | 31.76% |
| General Motors Company (GM)vs › | $80.82B | 5.74% | 14.13% | 16.20% | 16.89% |
| Ross Stores, Inc. (ROST)vs › | $80.78B | 28.33% | 27.87% | 27.12% | 26.25% |
| Carvana Co. (CVNA)vs › | $78.96B | 19.37% | 20.23% | 15.96% | 15.17% |
Gross Margin
18.8%
(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 |
|---|---|
| 2026-03-31 | 18.81% |
| 2025-12-31 | 16.01% |
| 2025-09-30 | 17.62% |
| 2025-06-30 | 16.27% |
| 2025-03-31 | 20.07% |
| 2024-12-31 | 17.01% |
| 2024-09-30 | 21.89% |
| 2024-06-30 | 17.21% |
| 2024-03-31 | 20.52% |
| 2023-12-31 | 21.22% |
| 2023-09-30 | 22.12% |
| 2023-06-30 | 18.72% |
| 2023-03-31 | 17.86% |
| 2022-12-31 | 19.00% |
| 2022-09-30 | 18.96% |
| 2022-06-30 | 14.39% |
| 2022-03-31 | 12.40% |
| 2021-12-31 | 13.12% |
| 2021-09-30 | 13.33% |
| 2021-06-30 | 12.90% |
| 2021-03-31 | 12.59% |
| 2020-12-31 | 16.59% |
| 2020-09-30 | 22.32% |
| 2020-06-30 | 20.53% |
| 2020-03-31 | 17.66% |
| 2019-12-31 | 17.01% |
| 2019-09-30 | 13.86% |
| 2019-06-30 | 15.34% |
| 2019-03-31 | 19.05% |
| 2018-12-31 | 16.34% |
| 2018-09-30 | 17.21% |
| 2018-06-30 | 14.90% |
| 2018-03-31 | 17.14% |
| 2017-12-31 | 17.06% |
| 2017-09-30 | 19.14% |
| 2017-06-30 | 19.72% |
| 2017-03-31 | 21.00% |
| 2016-12-31 | 18.67% |
| 2016-09-30 | 21.48% |
| 2016-06-30 | 22.28% |
| 2016-03-31 | 19.06% |
| 2015-12-31 | 15.52% |
| 2015-09-30 | 18.31% |
| 2015-06-30 | 17.69% |
| 2015-03-31 | 17.16% |
| 2014-12-31 | 16.00% |
| 2014-09-30 | 12.74% |
| 2014-06-30 | 16.46% |
| 2014-03-31 | 17.01% |
| 2013-12-31 | 14.65% |
| 2013-09-30 | 15.01% |
| 2013-06-30 | 15.87% |
| 2013-03-31 | 15.94% |
| 2012-12-31 | 12.50% |
| 2012-09-30 | 12.65% |
| 2012-06-30 | 13.77% |
| 2012-03-31 | 17.40% |
| 2011-12-31 | 20.33% |
| 2011-09-30 | 16.03% |
| 2011-06-30 | 14.39% |
| 2011-03-31 | 17.02% |
| 2010-12-31 | 14.52% |
| 2010-09-30 | 15.79% |
| 2010-06-30 | 19.95% |
| 2010-03-31 | 25.49% |
