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 49.06% is in line with its 5-year average of 46.24%, near the high end of its 5-year range (40.40%–50.51%).
0.27% above its 12-month average of 48.93%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 47.26%.
GROSS MARGIN
49.06%
GROSS MARGIN AVG TTM
48.93%
GROSS MARGIN AVG 3Y
47.52%
GROSS MARGIN AVG 5Y
46.24%
GROSS MARGIN AVG 10Y
46.44%
GROSS MARGIN AVG 15Y
46.34%
GROSS MARGIN AVG 20Y
48.04%
CURRENT VS TTM AVG
+0.27%
CURRENT VS 3Y AVG
+3.24%
CURRENT VS 5Y AVG
+6.09%
CURRENT VS 10Y AVG
+5.64%
CURRENT VS 15Y AVG
+5.87%
CURRENT VS 20Y AVG
+2.13%
SECTOR MEDIAN · CONSUMER DEFENSIVE
31.51%
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
+55.70%
vs the sector median at left
Strategic Education, Inc.
Market Cap
$1.81B
Gross Margin
49.06%
TTM Avg
48.93%
3Y Avg
47.52%
5Y Avg
46.24%
Market Cap
$1.63B
Gross Margin
24.49%
TTM Avg
23.47%
3Y Avg
23.59%
5Y Avg
24.37%
Market Cap
$2.00B
Gross Margin
77.08%
TTM Avg
77.00%
3Y Avg
79.71%
5Y Avg
81.15%
Market Cap
$1.49B
Gross Margin
31.07%
TTM Avg
30.27%
3Y Avg
30.23%
5Y Avg
28.72%
Market Cap
$1.23B
Gross Margin
56.58%
TTM Avg
56.95%
3Y Avg
56.32%
5Y Avg
56.32%
Market Cap
$1.22B
Gross Margin
13.42%
TTM Avg
11.72%
3Y Avg
10.81%
5Y Avg
11.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Strategic Education, Inc. (STRA) | $1.81B | 49.06% | 48.93% | 47.52% | 46.24% |
| Ingles Markets, Incorporated (IMKTA)vs › | $1.63B | 24.49% | 23.47% | 23.59% | 24.37% |
| Perdoceo Education Corporation (PRDO)vs › | $2.00B | 77.08% | 77.00% | 79.71% | 81.15% |
| J&J Snack Foods Corp. (JJSF)vs › | $1.49B | 31.07% | 30.27% | 30.23% | 28.72% |
| The Andersons, Inc. (ANDE)vs › | $2.28B | 7.87% | 6.29% | 5.53% | 5.10% |
| Newell Brands Inc. (NWL)vs › | $2.36B | 35.45% | 33.69% | 31.83% | 31.98% |
| Afya Limited (AFYA)vs › | $1.25B | 64.01% | 63.83% | 63.04% | 63.01% |
| Air Global PLC Ordinary Shares (AIIR)vs › | $1.23B | 56.58% | 56.95% | 56.32% | 56.32% |
| Seneca Foods Corporation (SENEB)vs › | $1.22B | 13.42% | 11.72% | 10.81% | 11.55% |
| Flowers Foods, Inc. (FLO)vs › | $1.20B | 47.89% | 48.87% | 48.89% | 48.88% |
Gross Margin
49.1%
(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 | 47.26% |
| 2026-03-31 | 49.41% |
| 2025-12-31 | 50.51% |
| 2025-09-30 | 49.14% |
| 2025-06-30 | 48.31% |
| 2025-03-31 | 47.86% |
| 2024-12-31 | 46.42% |
| 2024-09-30 | 46.83% |
| 2024-06-30 | 47.73% |
| 2024-03-31 | 45.66% |
| 2023-12-31 | 49.21% |
| 2023-09-30 | 45.54% |
| 2023-06-30 | 43.87% |
| 2023-03-31 | 40.40% |
| 2022-12-31 | 43.63% |
| 2022-09-30 | 41.79% |
| 2022-06-30 | 46.13% |
| 2022-03-31 | 44.13% |
| 2021-12-31 | 45.29% |
| 2021-09-30 | 43.11% |
| 2021-06-30 | 48.88% |
| 2021-03-31 | 47.37% |
| 2020-12-31 | 45.04% |
| 2020-09-30 | 46.79% |
| 2020-06-30 | 50.93% |
| 2020-03-31 | 49.89% |
| 2019-12-31 | 49.46% |
| 2019-09-30 | 45.18% |
| 2019-06-30 | 46.68% |
| 2019-03-31 | 45.62% |
| 2018-12-31 | 51.13% |
| 2018-09-30 | 42.04% |
| 2018-06-30 | 43.58% |
| 2018-03-31 | 45.24% |
| 2017-12-31 | 45.14% |
| 2017-09-30 | 47.48% |
| 2017-06-30 | 45.30% |
| 2017-03-31 | 46.55% |
| 2016-12-31 | 45.63% |
| 2016-09-30 | 44.89% |
| 2016-06-30 | 43.05% |
| 2016-03-31 | 47.74% |
| 2015-12-31 | 47.32% |
| 2015-09-30 | 44.24% |
| 2015-06-30 | 46.02% |
| 2015-03-31 | 46.64% |
| 2014-12-31 | 47.04% |
| 2014-09-30 | 44.49% |
| 2014-06-30 | 46.96% |
| 2014-03-31 | 49.25% |
| 2013-12-31 | 17.76% |
| 2013-09-30 | 42.13% |
| 2013-06-30 | 45.97% |
| 2013-03-31 | 46.60% |
| 2012-12-31 | 45.27% |
| 2012-09-30 | 41.25% |
| 2012-06-30 | 48.27% |
| 2012-03-31 | 50.67% |
| 2011-12-31 | 53.48% |
| 2011-09-30 | 49.83% |
| 2011-06-30 | 53.37% |
| 2011-03-31 | 56.40% |
| 2010-12-31 | 66.79% |
| 2010-09-30 | 66.79% |
| 2010-06-30 | 68.55% |
| 2010-03-31 | 68.98% |
| 2009-12-31 | 68.43% |
| 2009-09-30 | 64.92% |
| 2009-06-30 | 67.48% |
| 2009-03-31 | 68.61% |
| 2008-12-31 | 68.73% |
| 2008-09-30 | 64.88% |
| 2008-06-30 | 66.39% |
| 2008-03-31 | 67.40% |
| 2007-12-31 | 66.75% |
| 2007-09-30 | 62.41% |
| 2007-06-30 | 66.11% |
| 2007-03-31 | 67.30% |
| 2006-12-31 | 66.69% |
| 2006-09-30 | 61.88% |
| 2006-06-30 | 65.35% |
| 2006-03-31 | 67.15% |
| 2005-12-31 | 67.10% |
| 2005-09-30 | 61.59% |
| 2005-06-30 | 63.74% |
| 2005-03-31 | 67.13% |
| 2004-12-31 | 67.00% |
| 2004-09-30 | 60.83% |
| 2004-06-30 | 64.68% |
| 2004-03-31 | 67.05% |
| 2003-12-31 | 65.90% |
| 2003-09-30 | 59.20% |
| 2003-06-30 | 64.13% |
| 2003-03-31 | 65.03% |
| 2002-12-31 | 65.36% |
| 2002-09-30 | 57.57% |