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 38.37% is in line with its 5-year average of 39.69%, around the middle of its 5-year range (35.08%–41.19%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.80% above its 12-month average of 38.06%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
38.37%
GROSS MARGIN AVG TTM
38.06%
GROSS MARGIN AVG 3Y
39.37%
GROSS MARGIN AVG 5Y
39.92%
GROSS MARGIN AVG 10Y
39.47%
GROSS MARGIN AVG 15Y
39.99%
GROSS MARGIN AVG 20Y
41.12%
CURRENT VS TTM AVG
+0.80%
CURRENT VS 3Y AVG
-2.56%
CURRENT VS 5Y AVG
-3.89%
CURRENT VS 10Y AVG
-2.80%
CURRENT VS 15Y AVG
-4.05%
CURRENT VS 20Y AVG
-6.69%
SECTOR MEDIAN · CONSUMER CYCLICAL
37.11%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+3.39%
vs the sector median at left
Market Cap
$6.95B
Gross Margin
24.34%
TTM Avg
24.34%
3Y Avg
24.52%
5Y Avg
25.45%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LKQ Corporation (LKQ) | $6.76B | 38.37% | 38.06% | 39.37% | 39.92% |
| Crocs, Inc. (CROX)vs › | $6.72B | 58.10% | 57.86% | 55.75% | 56.42% |
| Mohawk Industries, Inc. (MHK)vs › | $6.95B | 24.34% | 24.34% | 24.52% | 25.45% |
| Macy's, Inc. (M)vs › | $6.40B | 36.54% | 38.41% | 39.08% | 39.61% |
| The Gap, Inc. (GAP)vs › | $7.25B | 40.50% | 41.03% | 38.80% | 38.18% |
| CAVA Group, Inc. (CAVA)vs › | $7.69B | 18.60% | 21.73% | 21.40% | 20.40% |
| Vail Resorts, Inc. (MTN)vs › | $5.66B | 42.78% | 42.70% | 43.56% | 42.87% |
| Etsy, Inc. (ETSY)vs › | $8.13B | 72.01% | 72.03% | 71.22% | 71.64% |
| CarMax, Inc. (KMX)vs › | $8.59B | 10.24% | 10.92% | 10.37% | 10.72% |
| Abercrombie & Fitch Co. (ANF)vs › | $4.53B | 60.86% | 62.81% | 62.85% | 61.54% |
Gross Margin
38.4%
(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 |
|---|---|
| 2026-03-31 | 38.37% |
| 2025-12-31 | 35.08% |
| 2025-09-30 | 38.33% |
| 2025-06-30 | 38.77% |
| 2025-03-31 | 39.76% |
| 2024-12-31 | 39.47% |
| 2024-09-30 | 38.87% |
| 2024-06-30 | 38.83% |
| 2024-03-31 | 39.21% |
| 2023-12-31 | 39.96% |
| 2023-09-30 | 38.96% |
| 2023-06-30 | 41.01% |
| 2023-03-31 | 40.97% |
| 2022-12-31 | 40.75% |
| 2022-09-30 | 41.11% |
| 2022-06-30 | 40.92% |
| 2022-03-31 | 40.53% |
| 2021-12-31 | 39.85% |
| 2021-09-30 | 40.76% |
| 2021-06-30 | 41.19% |
| 2021-03-31 | 40.81% |
| 2020-12-31 | 39.60% |
| 2020-09-30 | 39.33% |
| 2020-06-30 | 38.50% |
| 2020-03-31 | 40.45% |
| 2019-12-31 | 39.74% |
| 2019-09-30 | 38.13% |
| 2019-06-30 | 38.40% |
| 2019-03-31 | 38.97% |
| 2018-12-31 | 38.69% |
| 2018-09-30 | 38.34% |
| 2018-06-30 | 38.34% |
| 2018-03-31 | 38.74% |
| 2017-12-31 | 38.37% |
| 2017-09-30 | 38.81% |
| 2017-06-30 | 39.25% |
| 2017-03-31 | 39.70% |
| 2016-12-31 | 43.06% |
| 2016-09-30 | 38.75% |
| 2016-06-30 | 39.30% |
| 2016-03-31 | 39.58% |
| 2015-12-31 | 39.87% |
| 2015-09-30 | 38.91% |
| 2015-06-30 | 39.39% |
| 2015-03-31 | 39.43% |
| 2014-12-31 | 39.46% |
| 2014-09-30 | 38.61% |
| 2014-06-30 | 39.26% |
| 2014-03-31 | 40.10% |
| 2013-12-31 | 41.44% |
| 2013-09-30 | 39.90% |
| 2013-06-30 | 40.73% |
| 2013-03-31 | 41.97% |
| 2012-12-31 | 41.68% |
| 2012-09-30 | 40.30% |
| 2012-06-30 | 41.92% |
| 2012-03-31 | 43.36% |
| 2011-12-31 | 41.70% |
| 2011-09-30 | 42.65% |
| 2011-06-30 | 42.42% |
| 2011-03-31 | 43.68% |
| 2010-12-31 | 42.65% |
| 2010-09-30 | 43.02% |
| 2010-06-30 | 44.69% |
| 2010-03-31 | 46.94% |
| 2009-12-31 | 45.49% |
| 2009-09-30 | 45.49% |
| 2009-06-30 | 45.29% |
| 2009-03-31 | 44.94% |
| 2008-12-31 | 42.04% |
| 2008-09-30 | 43.98% |
| 2008-06-30 | 45.36% |
| 2008-03-31 | 45.40% |
| 2007-12-31 | 44.63% |
| 2007-09-30 | 44.54% |
| 2007-06-30 | 45.05% |
| 2007-03-31 | 45.51% |
| 2006-12-31 | 44.78% |
| 2006-09-30 | 45.25% |
| 2006-06-30 | 45.18% |
| 2006-03-31 | 46.01% |
| 2005-12-31 | 46.92% |
| 2005-09-30 | 47.10% |
| 2005-06-30 | 47.41% |
| 2005-03-31 | 46.81% |
| 2004-12-31 | 46.15% |
| 2004-09-30 | 45.91% |
| 2004-06-30 | 47.14% |
| 2004-03-31 | 46.96% |
| 2003-12-31 | 46.18% |
| 2003-09-30 | 46.77% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 46.07% |
| 2002-09-30 | 46.18% |
| 2002-06-30 | 0.00% |