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 55.89% is 23% below its 5-year average of 72.57%, near the low end of its 5-year range (55.89%–92.67%).
20.00% below its 12-month average of 69.86%.
Reported quarterly gross margin; no daily interpolation. Q1 FY2027 (2026-06-30): 71.05%.
GROSS MARGIN
55.89%
GROSS MARGIN AVG TTM
69.86%
GROSS MARGIN AVG 3Y
72.54%
GROSS MARGIN AVG 5Y
72.57%
GROSS MARGIN AVG 10Y
71.76%
GROSS MARGIN AVG 15Y
63.62%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-20.00%
CURRENT VS 3Y AVG
-22.95%
CURRENT VS 5Y AVG
-22.98%
CURRENT VS 10Y AVG
-22.12%
CURRENT VS 15Y AVG
-12.15%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
34.47%
median of 260 covered companies
CURRENT VS SECTOR MEDIAN
+62.12%
vs the sector median at left
MakeMyTrip Limited
Market Cap
$4.20B
Gross Margin
55.89%
TTM Avg
69.86%
3Y Avg
72.54%
5Y Avg
72.57%
Market Cap
$4.45B
Gross Margin
23.15%
TTM Avg
23.29%
3Y Avg
24.06%
5Y Avg
23.82%
Market Cap
$3.78B
Gross Margin
42.07%
TTM Avg
40.63%
3Y Avg
37.34%
5Y Avg
36.47%
Market Cap
$4.64B
Gross Margin
35.00%
TTM Avg
33.77%
3Y Avg
33.12%
5Y Avg
34.02%
Market Cap
$3.63B
Gross Margin
44.12%
TTM Avg
44.00%
3Y Avg
43.85%
5Y Avg
44.71%
Market Cap
$4.86B
Gross Margin
19.47%
TTM Avg
25.04%
3Y Avg
24.19%
5Y Avg
23.78%
Market Cap
$3.52B
Gross Margin
12.62%
TTM Avg
12.55%
3Y Avg
13.50%
5Y Avg
14.43%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MakeMyTrip Limited (MMYT) | $4.20B | 55.89% | 69.86% | 72.54% | 72.57% |
| BRP Inc. (DOO)vs › | $4.09B | 20.57% | 22.50% | 24.09% | 24.83% |
| Cavco Industries, Inc. (CVCO)vs › | $4.45B | 23.15% | 23.29% | 24.06% | 23.82% |
| Mattel, Inc. (MAT)vs › | $4.61B | 47.41% | 49.84% | 48.21% | 48.31% |
| Dorman Products, Inc. (DORM)vs › | $3.78B | 42.07% | 40.63% | 37.34% | 36.47% |
| Gentex Corporation (GNTX)vs › | $4.64B | 35.00% | 33.77% | 33.12% | 34.02% |
| Bath & Body Works, Inc. (BBWI)vs › | $3.63B | 44.12% | 44.00% | 43.85% | 44.71% |
| Garrett Motion Inc. (GTX)vs › | $4.86B | 19.47% | 25.04% | 24.19% | 23.78% |
| Thor Industries, Inc. (THO)vs › | $3.52B | 12.62% | 12.55% | 13.50% | 14.43% |
| Academy Sports and Outdoors, Inc. (ASO)vs › | $3.23B | 35.78% | 34.34% | 34.31% | 34.45% |
Gross Margin
55.9%
(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 | 71.05% |
| 2026-03-31 | 58.28% |
| 2025-12-31 | 70.28% |
| 2025-09-30 | 77.54% |
| 2025-06-30 | 72.15% |
| 2025-03-31 | 74.70% |
| 2024-12-31 | 71.06% |
| 2024-09-30 | 76.41% |
| 2024-06-30 | 66.57% |
| 2024-03-31 | 73.95% |
| 2023-12-31 | 70.89% |
| 2023-09-30 | 76.13% |
| 2023-06-30 | 69.71% |
| 2023-03-31 | 71.17% |
| 2022-12-31 | 65.33% |
| 2022-09-30 | 75.41% |
| 2022-06-30 | 69.63% |
| 2022-03-31 | 80.67% |
| 2021-12-31 | 73.54% |
| 2021-09-30 | 86.99% |
| 2021-06-30 | 92.67% |
| 2021-03-31 | 82.42% |
| 2020-12-31 | 87.08% |
| 2020-09-30 | 96.63% |
| 2020-06-30 | 94.75% |
| 2020-03-31 | 73.90% |
| 2019-12-31 | 68.26% |
| 2019-09-30 | 73.93% |
| 2019-06-30 | 65.04% |
| 2019-03-31 | 67.81% |
| 2018-12-31 | 66.42% |
| 2018-09-30 | 68.68% |
| 2018-06-30 | 56.07% |
| 2018-03-31 | 76.77% |
| 2017-12-31 | 73.68% |
| 2017-09-30 | 78.00% |
| 2017-06-30 | 68.67% |
| 2017-03-31 | 70.89% |
| 2016-12-31 | 62.11% |
| 2016-09-30 | 64.01% |
| 2016-06-30 | 48.56% |
| 2016-03-31 | 58.48% |
| 2015-12-31 | 44.26% |
| 2015-09-30 | 53.17% |
| 2015-06-30 | 40.68% |
| 2015-03-31 | 53.02% |
| 2014-12-31 | 46.35% |
| 2014-09-30 | 52.94% |
| 2014-06-30 | 37.38% |
| 2014-03-31 | 46.88% |
| 2013-12-31 | 40.80% |
| 2013-09-30 | 49.18% |
| 2013-06-30 | 33.71% |
| 2013-03-31 | 39.45% |
| 2012-12-31 | 35.02% |
| 2012-09-30 | 44.13% |
| 2012-06-30 | 37.24% |
| 2012-03-31 | 47.05% |
| 2011-12-31 | 43.96% |
| 2011-09-30 | 48.72% |
| 2011-06-30 | 40.55% |
| 2011-03-31 | 54.38% |
| 2010-12-31 | 48.28% |
| 2010-09-30 | 54.00% |
| 2010-06-30 | 41.10% |
| 2010-03-31 | 51.25% |
| 2009-12-31 | 47.51% |
| 2009-09-30 | 53.61% |
