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 34.43% is 51% above its 5-year average of 22.81%, near the high end of its 5-year range (-1289.80%–46.22%).
0.72% below its 12-month average of 34.68%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-05-31): 25.74%.
GROSS MARGIN
34.43%
GROSS MARGIN AVG TTM
34.68%
GROSS MARGIN AVG 3Y
35.42%
GROSS MARGIN AVG 5Y
22.81%
GROSS MARGIN AVG 10Y
35.54%
GROSS MARGIN AVG 15Y
35.64%
GROSS MARGIN AVG 20Y
36.31%
CURRENT VS TTM AVG
-0.72%
CURRENT VS 3Y AVG
-2.79%
CURRENT VS 5Y AVG
+50.95%
CURRENT VS 10Y AVG
-3.13%
CURRENT VS 15Y AVG
-3.39%
CURRENT VS 20Y AVG
-5.16%
SECTOR MEDIAN · CONSUMER CYCLICAL
38.36%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-10.23%
vs the sector median at left
Carnival Corporation & plc
Market Cap
$30.19B
Gross Margin
34.43%
TTM Avg
34.68%
3Y Avg
35.42%
5Y Avg
22.81%
Market Cap
$30.11B
Gross Margin
90.43%
TTM Avg
89.79%
3Y Avg
88.28%
5Y Avg
83.85%
Market Cap
$27.02B
Gross Margin
47.19%
TTM Avg
46.30%
3Y Avg
45.07%
5Y Avg
44.33%
Market Cap
$25.15B
Gross Margin
50.89%
TTM Avg
49.33%
3Y Avg
47.16%
5Y Avg
42.42%
Market Cap
$24.64B
Gross Margin
44.85%
TTM Avg
38.53%
3Y Avg
39.23%
5Y Avg
39.66%
Market Cap
$23.71B
Gross Margin
17.98%
TTM Avg
19.63%
3Y Avg
22.18%
5Y Avg
24.14%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carnival Corporation & plc (CCL) | $30.19B | 34.43% | 34.68% | 35.42% | 22.81% |
| Expedia Group, Inc. (EXPE)vs › | $30.11B | 90.43% | 89.79% | 88.28% | 83.85% |
| Williams-Sonoma, Inc. (WSM)vs › | $27.02B | 47.19% | 46.30% | 45.07% | 44.33% |
| Las Vegas Sands Corp. (LVS)vs › | $25.15B | 50.89% | 49.33% | 47.16% | 42.42% |
| SharkNinja, Inc. (SN)vs › | $25.14B | 48.74% | 48.58% | 44.99% | 44.01% |
| Restaurant Brands International Inc. (QSR)vs › | $24.64B | 44.85% | 38.53% | 39.23% | 39.66% |
| Smurfit Westrock plc (SW)vs › | $23.71B | 17.98% | 19.63% | 22.18% | 24.14% |
| Ulta Beauty, Inc. (ULTA)vs › | $23.36B | 39.32% | 38.97% | 39.01% | 39.14% |
| PulteGroup, Inc. (PHM)vs › | $22.94B | 24.46% | 27.75% | 28.77% | 27.96% |
| JD.com, Inc. (JD)vs › | $37.48B | 9.90% | 9.55% | 11.97% | 12.68% |
Gross Margin
34.4%
(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 |
|---|---|
| 2026-05-31 | 25.74% |
| 2026-02-28 | 36.11% |
| 2025-11-30 | 26.75% |
| 2025-08-31 | 46.22% |
| 2025-05-31 | 38.59% |
| 2025-02-28 | 35.18% |
| 2024-11-30 | 35.45% |
| 2024-08-31 | 45.50% |
| 2024-05-31 | 34.30% |
| 2024-02-29 | 31.48% |
| 2023-11-30 | 32.75% |
| 2023-08-31 | 42.79% |
| 2023-05-31 | 29.61% |
| 2023-02-28 | 25.31% |
| 2022-11-30 | 4.53% |
| 2022-08-31 | 21.53% |
| 2022-05-31 | -11.75% |
| 2022-02-28 | -25.08% |
| 2021-11-30 | -41.65% |
| 2021-08-31 | -195.97% |
| 2021-05-31 | -1289.80% |
| 2021-02-28 | -1957.69% |
| 2020-11-30 | -1987.88% |
| 2020-08-31 | -4896.77% |
| 2020-05-31 | -235.68% |
| 2020-02-29 | 26.45% |
| 2019-11-30 | 35.66% |
| 2019-08-31 | 45.94% |
| 2019-05-31 | 34.69% |
| 2019-02-28 | 32.76% |
| 2018-11-30 | 38.49% |
| 2018-08-31 | 49.31% |
| 2018-05-31 | 38.47% |
| 2018-02-28 | 35.99% |
| 2017-11-30 | 38.55% |
| 2017-08-31 | 45.37% |
| 2017-05-31 | 38.25% |
| 2017-02-28 | 35.77% |
| 2016-11-30 | 41.07% |
| 2016-08-31 | 49.72% |
| 2016-05-31 | 39.06% |
| 2016-02-29 | 38.56% |
| 2015-11-30 | 40.23% |
| 2015-08-31 | 49.01% |
| 2015-05-31 | 33.04% |
| 2015-02-28 | 33.87% |
| 2014-11-30 | 32.86% |
| 2014-08-31 | 44.21% |
| 2014-05-31 | 29.20% |
| 2014-02-28 | 27.70% |
| 2013-11-30 | 28.35% |
| 2013-08-31 | 38.28% |
| 2013-05-31 | 28.51% |
| 2013-02-28 | 27.66% |
| 2012-11-30 | 28.70% |
| 2012-08-31 | 44.56% |
| 2012-05-31 | 29.96% |
| 2012-02-29 | 24.79% |
| 2011-11-30 | 30.51% |
| 2011-08-31 | 44.37% |
| 2011-05-31 | 30.36% |
| 2011-02-28 | 29.95% |
| 2010-11-30 | -89.53% |
| 2010-08-31 | 47.23% |
| 2010-05-31 | 33.73% |
| 2010-02-28 | 31.34% |
| 2009-11-30 | 33.16% |
| 2009-08-31 | 80.89% |
| 2009-05-31 | 36.06% |
| 2009-02-28 | 35.41% |
| 2008-11-30 | 35.43% |
| 2008-08-31 | 45.28% |
| 2008-05-31 | 36.09% |
| 2008-02-29 | 32.93% |
| 2007-11-30 | 36.46% |
| 2007-08-31 | 49.34% |
| 2007-05-31 | 39.21% |
| 2007-02-28 | 37.09% |
| 2006-11-30 | 40.21% |
| 2006-08-31 | 49.42% |
| 2006-05-31 | 39.14% |
| 2006-02-28 | 38.45% |
| 2005-11-30 | 40.28% |
| 2005-08-31 | 51.21% |
| 2005-05-31 | 40.86% |
| 2005-02-28 | 40.61% |
| 2004-11-30 | 40.19% |
| 2004-08-31 | 51.57% |
| 2004-05-31 | 41.15% |
| 2004-02-29 | 38.57% |
| 2003-11-30 | 39.95% |
| 2003-08-31 | 49.37% |
| 2003-05-31 | 38.38% |
| 2003-02-28 | 40.10% |
| 2002-11-30 | 44.19% |
| 2002-08-31 | 52.40% |
