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 44.32% is in line with its 5-year average of 42.60%, around the middle of its 5-year range (36.60%–49.17%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.86% below its 12-month average of 44.70%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
44.32%
GROSS MARGIN AVG TTM
44.70%
GROSS MARGIN AVG 3Y
44.11%
GROSS MARGIN AVG 5Y
42.60%
GROSS MARGIN AVG 10Y
35.94%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.86%
CURRENT VS 3Y AVG
+0.47%
CURRENT VS 5Y AVG
+4.04%
CURRENT VS 10Y AVG
+23.33%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
37.11%
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
+19.43%
vs the sector median at left
Market Cap
$73.02B
Gross Margin
46.79%
TTM Avg
34.28%
3Y Avg
31.98%
5Y Avg
28.34%
Market Cap
$75.34B
Gross Margin
51.63%
TTM Avg
51.40%
3Y Avg
51.32%
5Y Avg
51.73%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sea Limited (SE) | $64.56B | 44.32% | 44.70% | 44.11% | 42.60% |
| NIKE, Inc. (NKE)vs › | $63.02B | 42.91% | 42.82% | 43.43% | 44.09% |
| Ford Motor Company (F)vs › | $61.64B | 10.77% | 12.41% | 13.63% | 13.75% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $73.02B | 46.79% | 34.28% | 31.98% | 28.34% |
| Carvana Co. (CVNA)vs › | $74.30B | 19.97% | 20.23% | 15.96% | 15.17% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $75.34B | 51.63% | 51.40% | 51.32% | 51.73% |
| eBay Inc. (EBAY)vs › | $51.51B | 72.01% | 71.72% | 72.02% | 73.74% |
| AutoZone, Inc. (AZO)vs › | $51.32B | 51.75% | 52.86% | 52.56% | 52.51% |
| Ross Stores, Inc. (ROST)vs › | $81.21B | 28.33% | 27.87% | 27.12% | 26.25% |
| General Motors Company (GM)vs › | $81.45B | 5.74% | 14.13% | 16.20% | 16.89% |
Gross Margin
44.3%
(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 | 44.32% |
| 2025-12-31 | 43.76% |
| 2025-09-30 | 43.42% |
| 2025-06-30 | 45.82% |
| 2025-03-31 | 46.19% |
| 2024-12-31 | 44.55% |
| 2024-09-30 | 43.00% |
| 2024-06-30 | 41.63% |
| 2024-03-31 | 41.61% |
| 2023-12-31 | 42.16% |
| 2023-09-30 | 43.54% |
| 2023-06-30 | 46.87% |
| 2023-03-31 | 46.58% |
| 2022-12-31 | 49.17% |
| 2022-09-30 | 38.90% |
| 2022-06-30 | 37.05% |
| 2022-03-31 | 40.35% |
| 2021-12-31 | 40.68% |
| 2021-09-30 | 37.51% |
| 2021-06-30 | 40.82% |
| 2021-03-31 | 36.60% |
| 2020-12-31 | 34.07% |
| 2020-09-30 | 33.62% |
| 2020-06-30 | 22.77% |
| 2020-03-31 | 28.93% |
| 2019-12-31 | 34.08% |
| 2019-09-30 | 33.30% |
| 2019-06-30 | 22.34% |
| 2019-03-31 | 11.21% |
| 2018-12-31 | -2.81% |
| 2018-09-30 | 2.74% |
| 2018-06-30 | 4.67% |
| 2018-03-31 | 5.50% |
| 2017-12-31 | 18.90% |
| 2017-09-30 | 11.50% |
| 2017-06-30 | 25.45% |
| 2017-03-31 | 28.85% |
| 2016-12-31 | 28.58% |
| 2016-09-30 | 35.10% |
| 2016-06-30 | 38.11% |
| 2016-03-31 | 28.30% |
