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 16.71% is 39% above its 5-year average of 12.02%, near the high end of its 5-year range (-3.15%–16.71%).
As of the fiscal period ended Tuesday, March 31, 2026. 52.33% above its 12-month average of 10.97%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
16.71%
GROSS MARGIN AVG TTM
10.97%
GROSS MARGIN AVG 3Y
13.03%
GROSS MARGIN AVG 5Y
12.78%
GROSS MARGIN AVG 10Y
14.58%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+52.33%
CURRENT VS 3Y AVG
+28.21%
CURRENT VS 5Y AVG
+30.75%
CURRENT VS 10Y AVG
+14.62%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
37.66%
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
-55.63%
vs the sector median at left
Market Cap
$47.77B
Gross Margin
25.38%
TTM Avg
26.02%
3Y Avg
25.53%
5Y Avg
23.69%
Market Cap
$38.09B
Gross Margin
34.43%
TTM Avg
33.56%
3Y Avg
26.05%
5Y Avg
-14.53%
Market Cap
$33.75B
Gross Margin
90.27%
TTM Avg
89.79%
3Y Avg
88.28%
5Y Avg
83.85%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JD.com, Inc. (JD) | $46.34B | 16.71% | 10.97% | 13.03% | 12.78% |
| Chipotle Mexican Grill, Inc. (CMG)vs › | $47.77B | 25.38% | 26.02% | 25.53% | 23.69% |
| AutoZone, Inc. (AZO)vs › | $49.24B | 51.75% | 52.86% | 52.56% | 52.51% |
| Yum! Brands, Inc. (YUM)vs › | $42.25B | 45.32% | 46.83% | 47.85% | 47.84% |
| eBay Inc. (EBAY)vs › | $50.62B | 72.01% | 71.72% | 72.02% | 73.74% |
| D.R. Horton, Inc. (DHI)vs › | $40.01B | 22.61% | 24.80% | 26.84% | 26.67% |
| Carnival Corporation & plc (CCL)vs › | $38.09B | 34.43% | 33.56% | 26.05% | -14.53% |
| Ford Motor Company (F)vs › | $58.54B | 10.77% | 12.41% | 13.63% | 13.75% |
| Expedia Group, Inc. (EXPE)vs › | $33.75B | 90.27% | 89.79% | 88.28% | 83.85% |
| Casey's General Stores, Inc. (CASY)vs › | $32.23B | 24.61% | 24.07% | 22.76% | 23.24% |
Gross Margin
16.7%
(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 | 16.71% |
| 2025-12-31 | -3.15% |
| 2025-09-30 | 9.52% |
| 2025-06-30 | 15.88% |
| 2025-03-31 | 15.89% |
| 2024-12-31 | 9.51% |
| 2024-09-30 | 11.05% |
| 2024-06-30 | 15.76% |
| 2024-03-31 | 15.13% |
| 2023-12-31 | 14.21% |
| 2023-09-30 | 15.64% |
| 2023-06-30 | 8.60% |
| 2023-03-31 | 8.50% |
| 2022-12-31 | 8.35% |
| 2022-09-30 | 8.97% |
| 2022-06-30 | 13.41% |
| 2022-03-31 | 13.96% |
| 2021-12-31 | 13.45% |
| 2021-09-30 | 14.22% |
| 2021-06-30 | 12.50% |
| 2021-03-31 | 14.33% |
| 2020-12-31 | 13.88% |
| 2020-09-30 | 15.38% |
| 2020-06-30 | 14.24% |
| 2020-03-31 | 15.41% |
| 2019-12-31 | 14.06% |
| 2019-09-30 | 14.92% |
| 2019-06-30 | 14.72% |
| 2019-03-31 | 15.02% |
| 2018-12-31 | 14.22% |
| 2018-09-30 | 15.38% |
| 2018-06-30 | 13.50% |
| 2018-03-31 | 14.14% |
| 2017-12-31 | 13.03% |
| 2017-09-30 | 15.50% |
| 2017-06-30 | 13.57% |
| 2017-03-31 | 16.05% |
| 2016-12-31 | 15.27% |
| 2016-09-30 | 15.89% |
| 2016-06-30 | 14.98% |
| 2016-03-31 | 14.37% |
| 2015-12-31 | 14.30% |
| 2015-09-30 | 13.82% |
| 2015-06-30 | 12.87% |
| 2015-03-31 | 12.19% |
| 2014-12-31 | 12.70% |
| 2014-09-30 | 12.22% |
| 2014-06-30 | 11.03% |
| 2014-03-31 | 9.98% |
| 2013-12-31 | 10.14% |
| 2013-09-30 | 9.84% |
| 2013-06-30 | 8.90% |
| 2013-03-31 | 4.59% |
| 2012-12-31 | 9.13% |
