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 18.76% is 20% above its 5-year average of 15.60%, near the high end of its 5-year range (4.12%–21.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.07% below its 12-month average of 19.77%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
18.76%
GROSS MARGIN AVG TTM
19.77%
GROSS MARGIN AVG 3Y
18.94%
GROSS MARGIN AVG 5Y
15.60%
GROSS MARGIN AVG 10Y
12.69%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-5.07%
CURRENT VS 3Y AVG
-0.92%
CURRENT VS 5Y AVG
+20.26%
CURRENT VS 10Y AVG
+47.91%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
37.66%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-50.18%
vs the sector median at left
Market Cap
$72.13B
Gross Margin
46.79%
TTM Avg
34.28%
3Y Avg
31.98%
5Y Avg
28.34%
Market Cap
$74.05B
Gross Margin
51.64%
TTM Avg
51.40%
3Y Avg
51.32%
5Y Avg
51.73%
Market Cap
$80.37B
Gross Margin
5.74%
TTM Avg
14.13%
3Y Avg
16.20%
5Y Avg
16.89%
Market Cap
$80.54B
Gross Margin
28.33%
TTM Avg
27.87%
3Y Avg
27.12%
5Y Avg
26.25%
Market Cap
$85.37B
Gross Margin
46.64%
TTM Avg
47.18%
3Y Avg
40.90%
5Y Avg
9.93%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Carvana Co. (CVNA) | $68.40B | 18.76% | 19.77% | 18.94% | 15.60% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $72.13B | 46.79% | 34.28% | 31.98% | 28.34% |
| Sea Limited (SE)vs › | $64.08B | 44.27% | 43.75% | 43.45% | 40.63% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $74.05B | 51.64% | 51.40% | 51.32% | 51.73% |
| NIKE, Inc. (NKE)vs › | $61.72B | 42.91% | 42.82% | 43.43% | 44.09% |
| Ford Motor Company (F)vs › | $58.54B | 10.77% | 12.41% | 13.63% | 13.75% |
| General Motors Company (GM)vs › | $80.37B | 5.74% | 14.13% | 16.20% | 16.89% |
| Ross Stores, Inc. (ROST)vs › | $80.54B | 28.33% | 27.87% | 27.12% | 26.25% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $85.37B | 46.64% | 47.18% | 40.90% | 9.93% |
| eBay Inc. (EBAY)vs › | $50.62B | 72.01% | 71.72% | 72.02% | 73.74% |
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 |
|---|---|
| 2026-06-30 | 18.76% |
| 2026-03-31 | 19.76% |
| 2025-12-31 | 18.76% |
| 2025-09-30 | 20.33% |
| 2025-06-30 | 21.22% |
| 2025-03-31 | 20.96% |
| 2024-12-31 | 20.36% |
| 2024-09-30 | 20.98% |
| 2024-06-30 | 19.77% |
| 2024-03-31 | 17.90% |
| 2023-12-31 | 14.81% |
| 2023-09-30 | 15.76% |
| 2023-06-30 | 16.81% |
| 2023-03-31 | 9.71% |
| 2022-12-31 | 4.12% |
| 2022-09-30 | 8.48% |
| 2022-06-30 | 8.63% |
| 2022-03-31 | 7.49% |
| 2021-12-31 | 12.92% |
| 2021-09-30 | 14.25% |
| 2021-06-30 | 15.86% |
| 2021-03-31 | 14.08% |
| 2020-12-31 | 12.19% |
| 2020-09-30 | 17.10% |
| 2020-06-30 | 13.51% |
| 2020-03-31 | 11.21% |
| 2019-12-31 | 11.71% |
| 2019-09-30 | 11.62% |
| 2019-06-30 | 13.12% |
| 2019-03-31 | 10.72% |
| 2018-12-31 | 8.43% |
| 2018-09-30 | 9.51% |
| 2018-06-30 | 9.21% |
| 2018-03-31 | 8.22% |
| 2017-12-31 | 6.82% |
| 2017-09-30 | 7.68% |
| 2017-06-30 | 6.43% |
| 2017-03-31 | 4.83% |
| 2016-12-31 | 2.28% |
| 2016-09-30 | 6.85% |
| 2016-06-30 | 6.98% |
| 2016-03-31 | 5.42% |
| 2015-12-31 | 2.49% |