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 -55.45% is 236% below its 5-year average of 40.87%, near the low end of its 5-year range (-55.45%–51.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 293.69% below its 12-month average of 28.63%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
-55.45%
GROSS MARGIN AVG TTM
28.63%
GROSS MARGIN AVG 3Y
49.49%
GROSS MARGIN AVG 5Y
45.69%
GROSS MARGIN AVG 10Y
46.80%
GROSS MARGIN AVG 15Y
47.41%
GROSS MARGIN AVG 20Y
45.61%
CURRENT VS TTM AVG
-293.69%
CURRENT VS 3Y AVG
-212.06%
CURRENT VS 5Y AVG
-221.37%
CURRENT VS 10Y AVG
-218.48%
CURRENT VS 15Y AVG
-216.97%
CURRENT VS 20Y AVG
-221.58%
SECTOR MEDIAN · CONSUMER CYCLICAL
37.11%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
-249.43%
vs the sector median at left
Las Vegas Sands Corp.
Market Cap
$30.53B
Gross Margin
-55.45%
TTM Avg
28.63%
3Y Avg
49.49%
5Y Avg
45.69%
Market Cap
$29.76B
Gross Margin
90.27%
TTM Avg
89.79%
3Y Avg
88.28%
5Y Avg
83.85%
Market Cap
$31.88B
Gross Margin
24.61%
TTM Avg
24.07%
3Y Avg
22.76%
5Y Avg
23.24%
Market Cap
$26.70B
Gross Margin
46.06%
TTM Avg
46.15%
3Y Avg
45.07%
5Y Avg
44.33%
Market Cap
$25.47B
Gross Margin
18.42%
TTM Avg
19.63%
3Y Avg
22.18%
5Y Avg
24.14%
Market Cap
$36.06B
Gross Margin
34.43%
TTM Avg
33.56%
3Y Avg
26.05%
5Y Avg
-14.53%
Market Cap
$22.79B
Gross Margin
69.87%
TTM Avg
69.21%
3Y Avg
67.48%
5Y Avg
67.32%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Las Vegas Sands Corp. (LVS) | $30.53B | -55.45% | 28.63% | 49.49% | 45.69% |
| Expedia Group, Inc. (EXPE)vs › | $29.76B | 90.27% | 89.79% | 88.28% | 83.85% |
| Casey's General Stores, Inc. (CASY)vs › | $31.88B | 24.61% | 24.07% | 22.76% | 23.24% |
| Tapestry, Inc. (TPR)vs › | $28.81B | 76.18% | 74.37% | 72.27% | 70.90% |
| Williams-Sonoma, Inc. (WSM)vs › | $26.70B | 46.06% | 46.15% | 45.07% | 44.33% |
| Smurfit Westrock plc (SW)vs › | $25.47B | 18.42% | 19.63% | 22.18% | 24.14% |
| Carnival Corporation & plc (CCL)vs › | $36.06B | 34.43% | 33.56% | 26.05% | -14.53% |
| PulteGroup, Inc. (PHM)vs › | $24.85B | 24.46% | 27.75% | 28.77% | 27.96% |
| Ralph Lauren Corporation (RL)vs › | $22.79B | 69.87% | 69.21% | 67.48% | 67.32% |
| Packaging Corporation of America (PKG)vs › | $22.67B | 20.48% | 21.14% | 22.18% | 22.29% |
Gross Margin
-55.5%
(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 | -55.45% |
| 2026-03-31 | 48.79% |
| 2025-12-31 | 48.45% |
| 2025-09-30 | 49.80% |
| 2025-06-30 | 51.56% |
| 2025-03-31 | 49.51% |
| 2024-12-31 | 48.76% |
| 2024-09-30 | 47.32% |
| 2024-06-30 | 48.61% |
| 2024-03-31 | 50.63% |
| 2023-12-31 | 50.87% |
| 2023-09-30 | 50.41% |
| 2023-06-30 | 49.13% |
| 2023-03-31 | 48.40% |
| 2022-12-31 | 40.47% |
| 2022-09-30 | 42.59% |
| 2022-06-30 | 42.39% |
| 2022-03-31 | 34.68% |
| 2021-12-31 | 40.18% |
| 2021-09-30 | 31.86% |
| 2021-06-30 | 39.39% |
| 2021-03-31 | 39.13% |
| 2020-12-31 | 37.00% |
| 2020-09-30 | 12.33% |
| 2020-06-30 | -364.52% |
| 2020-03-31 | 41.57% |
| 2019-12-31 | 51.07% |
| 2019-09-30 | 50.71% |
| 2019-06-30 | 49.34% |
| 2019-03-31 | 49.97% |
| 2018-12-31 | 48.43% |
| 2018-09-30 | 48.93% |
| 2018-06-30 | 48.35% |
| 2018-03-31 | 50.99% |
| 2017-12-31 | 49.94% |
| 2017-09-30 | 50.21% |
| 2017-06-30 | 50.82% |
| 2017-03-31 | 49.43% |
| 2016-12-31 | 48.80% |
| 2016-09-30 | 51.23% |
| 2016-06-30 | 48.89% |
| 2016-03-31 | 46.26% |
| 2015-12-31 | 48.55% |
| 2015-09-30 | 48.19% |
| 2015-06-30 | 46.52% |
| 2015-03-31 | 47.43% |
| 2014-12-31 | 47.92% |
| 2014-09-30 | 46.68% |
| 2014-06-30 | 46.40% |
| 2014-03-31 | 46.64% |
| 2013-12-31 | 44.10% |
| 2013-09-30 | 46.42% |
| 2013-06-30 | 45.33% |
| 2013-03-31 | 45.87% |
| 2012-12-31 | 44.41% |
| 2012-09-30 | 44.70% |
| 2012-06-30 | 44.76% |
| 2012-03-31 | 48.08% |
| 2011-12-31 | 46.05% |
| 2011-09-30 | 49.45% |
| 2011-06-30 | 48.69% |
| 2011-03-31 | 46.54% |
| 2010-12-31 | 46.92% |
| 2010-09-30 | 45.49% |
| 2010-06-30 | 41.16% |
| 2010-03-31 | 38.05% |
| 2009-12-31 | -124.02% |
| 2009-09-30 | 36.84% |
| 2009-06-30 | 36.52% |
| 2009-03-31 | 36.56% |
| 2008-12-31 | 34.97% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 40.15% |
| 2007-12-31 | 39.37% |
| 2007-09-30 | 36.91% |
| 2007-06-30 | 42.75% |
| 2007-03-31 | 45.51% |
| 2006-12-31 | 48.53% |
| 2006-09-30 | 47.35% |
| 2006-06-30 | 46.27% |
| 2006-03-31 | 49.55% |
| 2005-12-31 | 48.39% |
| 2005-09-30 | 47.84% |
| 2005-06-30 | 50.26% |
| 2005-03-31 | 53.34% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
