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 45.80% is in line with its 5-year average of 47.80%, near the low end of its 5-year range (44.41%–50.50%).
0.57% below its 12-month average of 46.06%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
45.80%
GROSS MARGIN AVG TTM
46.06%
GROSS MARGIN AVG 3Y
47.46%
GROSS MARGIN AVG 5Y
47.80%
GROSS MARGIN AVG 10Y
47.48%
GROSS MARGIN AVG 15Y
41.07%
GROSS MARGIN AVG 20Y
38.46%
CURRENT VS TTM AVG
-0.57%
CURRENT VS 3Y AVG
-3.50%
CURRENT VS 5Y AVG
-4.18%
CURRENT VS 10Y AVG
-3.53%
CURRENT VS 15Y AVG
+11.52%
CURRENT VS 20Y AVG
+19.09%
SECTOR MEDIAN · CONSUMER CYCLICAL
38.34%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+19.46%
vs the sector median at left
Market Cap
$46.23B
Gross Margin
24.13%
TTM Avg
26.02%
3Y Avg
25.53%
5Y Avg
23.69%
Market Cap
$31.21B
Gross Margin
90.43%
TTM Avg
89.79%
3Y Avg
88.28%
5Y Avg
83.85%
Market Cap
$31.09B
Gross Margin
34.43%
TTM Avg
33.56%
3Y Avg
26.05%
5Y Avg
-14.53%
Market Cap
$28.06B
Gross Margin
50.89%
TTM Avg
49.33%
3Y Avg
47.16%
5Y Avg
42.42%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Yum! Brands, Inc. (YUM) | $39.99B | 45.80% | 46.06% | 47.46% | 47.80% |
| D.R. Horton, Inc. (DHI)vs › | $38.86B | 22.61% | 24.80% | 26.84% | 26.67% |
| JD.com, Inc. (JD)vs › | $37.90B | 9.90% | 9.55% | 11.97% | 12.68% |
| eBay Inc. (EBAY)vs › | $45.96B | 72.49% | 71.72% | 72.02% | 73.74% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $46.23B | 24.13% | 26.02% | 25.53% | 23.69% |
| AutoZone, Inc. (AZO)vs › | $47.52B | 51.75% | 52.86% | 52.56% | 52.51% |
| Expedia Group, Inc. (EXPE)vs › | $31.21B | 90.43% | 89.79% | 88.28% | 83.85% |
| Carnival Corporation & plc (CCL)vs › | $31.09B | 34.43% | 33.56% | 26.05% | -14.53% |
| Las Vegas Sands Corp. (LVS)vs › | $28.06B | 50.89% | 49.33% | 47.16% | 42.42% |
| Williams-Sonoma, Inc. (WSM)vs › | $26.79B | 47.19% | 46.30% | 45.07% | 44.33% |
Gross Margin
45.8%
(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 | 44.68% |
| 2025-12-31 | 44.51% |
| 2025-09-30 | 47.02% |
| 2025-06-30 | 46.84% |
| 2025-03-31 | 46.84% |
| 2024-12-31 | 44.41% |
| 2024-09-30 | 47.43% |
| 2024-06-30 | 49.29% |
| 2024-03-31 | 50.06% |
| 2023-12-31 | 47.79% |
| 2023-09-30 | 50.35% |
| 2023-06-30 | 50.50% |
| 2023-03-31 | 49.30% |
| 2022-12-31 | 46.81% |
| 2022-09-30 | 49.63% |
| 2022-06-30 | 48.66% |
| 2022-03-31 | 48.61% |
| 2021-12-31 | 46.19% |
| 2021-09-30 | 48.51% |
| 2021-06-30 | 49.06% |
| 2021-03-31 | 48.99% |
| 2020-12-31 | 46.93% |
| 2020-09-30 | 49.93% |
| 2020-06-30 | 45.83% |
| 2020-03-31 | 47.27% |
| 2019-12-31 | 48.76% |
| 2019-09-30 | 50.71% |
| 2019-06-30 | 51.22% |
| 2019-03-31 | 50.88% |
| 2018-12-31 | 47.95% |
| 2018-09-30 | 47.74% |
| 2018-06-30 | 46.27% |
| 2018-03-31 | 44.78% |
| 2017-12-31 | 48.83% |
| 2017-09-30 | 45.82% |
| 2017-06-30 | 44.61% |
| 2017-03-31 | 43.26% |
| 2016-12-31 | 42.90% |
| 2016-09-03 | 42.62% |
| 2016-06-11 | 41.29% |
| 2016-03-19 | 40.68% |
| 2015-12-26 | 24.55% |
| 2015-09-05 | 27.22% |
| 2015-06-13 | 26.09% |
| 2015-03-21 | 30.17% |
| 2014-12-27 | 22.69% |
| 2014-09-06 | 25.34% |
| 2014-06-14 | 26.22% |
| 2014-03-22 | 30.84% |
| 2013-12-28 | 26.27% |
| 2013-09-07 | 26.89% |
| 2013-06-15 | 24.31% |
| 2013-03-23 | 29.15% |
| 2012-12-29 | 24.99% |
| 2012-09-08 | 28.75% |
| 2012-06-16 | 26.17% |
| 2012-03-24 | 30.59% |
| 2011-12-31 | 24.96% |
| 2011-09-03 | 27.92% |
| 2011-06-11 | 27.38% |
| 2011-03-19 | 30.27% |
| 2010-12-25 | 26.11% |
| 2010-09-04 | 29.52% |
| 2010-06-12 | 27.04% |
| 2010-03-20 | 28.40% |
| 2009-12-26 | 24.73% |
| 2009-09-05 | 26.71% |
| 2009-06-30 | 25.16% |
| 2009-03-21 | 27.38% |
| 2008-12-27 | 22.64% |
| 2008-09-06 | 25.08% |
| 2008-06-30 | 23.67% |
| 2008-03-22 | 47.97% |
| 2008-01-28 | 23.18% |
| 2007-09-30 | 26.29% |
| 2007-06-16 | 25.10% |
| 2007-03-31 | 48.72% |
| 2006-12-31 | -24.04% |
| 2006-09-09 | 48.38% |
| 2006-06-30 | 48.72% |
| 2006-03-31 | 49.26% |
| 2005-12-31 | 23.59% |
| 2005-09-03 | 24.30% |
| 2005-06-11 | 47.52% |
| 2005-03-19 | 48.15% |
| 2004-12-25 | 46.71% |
| 2004-09-04 | 47.54% |
| 2004-06-12 | 47.86% |
| 2004-03-20 | 48.68% |
| 2003-12-27 | 47.23% |
| 2003-10-06 | 48.47% |
| 2003-06-14 | 48.66% |
| 2003-03-22 | 48.83% |
| 2002-12-28 | 49.09% |
| 2002-09-07 | 49.50% |