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 31.97% is in line with its 5-year average of 35.47%, near the high end of its 5-year range (-5617.19%–47.08%).
24.26% below its 12-month average of 42.21%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 39.91%.
GROSS MARGIN
31.97%
GROSS MARGIN AVG TTM
42.21%
GROSS MARGIN AVG 3Y
39.46%
GROSS MARGIN AVG 5Y
35.47%
GROSS MARGIN AVG 10Y
38.37%
GROSS MARGIN AVG 15Y
38.04%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-24.26%
CURRENT VS 3Y AVG
-18.97%
CURRENT VS 5Y AVG
-9.85%
CURRENT VS 10Y AVG
-16.67%
CURRENT VS 15Y AVG
-15.96%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
38.36%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-16.65%
vs the sector median at left
Norwegian Cruise Line Holdings Ltd.
Market Cap
$6.48B
Gross Margin
31.97%
TTM Avg
42.21%
3Y Avg
39.46%
5Y Avg
35.47%
Market Cap
$6.03B
Gross Margin
62.88%
TTM Avg
62.81%
3Y Avg
62.85%
5Y Avg
61.54%
Market Cap
$7.69B
Gross Margin
24.65%
TTM Avg
24.34%
3Y Avg
24.52%
5Y Avg
25.45%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norwegian Cruise Line Holdings Ltd. (NCLH) | $6.48B | 31.97% | 42.21% | 39.46% | 35.47% |
| Etsy, Inc. (ETSY)vs › | $6.89B | 72.30% | 72.03% | 71.22% | 71.64% |
| Abercrombie & Fitch Co. (ANF)vs › | $6.03B | 62.88% | 62.81% | 62.85% | 61.54% |
| CAVA Group, Inc. (CAVA)vs › | $6.01B | 20.16% | 21.73% | 21.40% | 20.40% |
| LKQ Corporation (LKQ)vs › | $5.89B | 37.66% | 38.56% | 39.54% | 39.72% |
| Crocs, Inc. (CROX)vs › | $5.86B | 57.47% | 57.86% | 55.75% | 56.42% |
| Macy's, Inc. (M)vs › | $5.77B | 34.59% | 38.41% | 39.08% | 39.61% |
| The Gap, Inc. (GAP)vs › | $7.39B | 43.26% | 41.03% | 38.80% | 38.18% |
| Mohawk Industries, Inc. (MHK)vs › | $7.69B | 24.65% | 24.34% | 24.52% | 25.45% |
| Vail Resorts, Inc. (MTN)vs › | $4.98B | 42.78% | 42.70% | 43.56% | 42.87% |
Gross Margin
32.0%
(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 | 39.91% |
| 2026-03-31 | 40.89% |
| 2025-12-31 | 41.03% |
| 2025-09-30 | 47.08% |
| 2025-06-30 | 42.13% |
| 2025-03-31 | 38.71% |
| 2024-12-31 | 38.01% |
| 2024-09-30 | 45.17% |
| 2024-06-30 | 38.68% |
| 2024-03-31 | 36.68% |
| 2023-12-31 | 33.46% |
| 2023-09-30 | 41.53% |
| 2023-06-30 | 37.27% |
| 2023-03-31 | 29.72% |
| 2022-12-31 | 19.73% |
| 2022-09-30 | 23.31% |
| 2022-06-30 | 9.59% |
| 2022-03-31 | -40.90% |
| 2021-12-31 | -47.24% |
| 2021-09-30 | -187.27% |
| 2021-06-30 | -5617.19% |
| 2021-03-31 | -6379.19% |
| 2020-12-31 | -2060.89% |
| 2020-09-30 | -2817.41% |
| 2020-06-30 | -1681.87% |
| 2020-03-31 | 20.26% |
| 2019-12-31 | 40.06% |
| 2019-09-30 | 48.23% |
| 2019-06-30 | 42.41% |
| 2019-03-31 | 41.11% |
| 2018-12-31 | 40.83% |
| 2018-09-30 | 50.01% |
| 2018-06-30 | 43.32% |
| 2018-03-31 | 40.61% |
| 2017-12-31 | 39.70% |
| 2017-09-30 | 49.26% |
| 2017-06-30 | 44.03% |
| 2017-03-31 | 37.45% |
| 2016-12-31 | 38.22% |
| 2016-09-30 | 47.15% |
| 2016-06-30 | 40.52% |
| 2016-03-31 | 38.34% |
| 2015-12-31 | 36.54% |
| 2015-09-30 | 44.14% |
| 2015-06-30 | 39.54% |
| 2015-03-31 | 33.52% |
| 2014-12-31 | 34.26% |
| 2014-09-30 | 43.63% |
| 2014-06-30 | 38.53% |
| 2014-03-31 | 32.85% |
| 2013-12-31 | 30.41% |
| 2013-09-30 | 42.84% |
| 2013-06-30 | 34.66% |
| 2013-03-31 | 31.26% |
| 2012-12-31 | 31.52% |
| 2012-09-30 | 41.57% |
| 2012-06-30 | 33.52% |
| 2012-03-31 | 31.70% |
| 2011-12-31 | 29.69% |
| 2011-09-30 | 40.42% |
| 2011-06-30 | 32.66% |
| 2011-03-31 | 30.53% |
| 2010-12-31 | 26.28% |
| 2010-09-30 | 40.82% |
| 2010-06-30 | 32.75% |
| 2010-03-31 | 29.37% |
| 2009-12-31 | 24.87% |
| 2009-09-30 | 37.38% |
| 2009-06-30 | 30.48% |
| 2009-03-31 | 26.91% |
