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 42.68% is in line with its 5-year average of 46.31%, near the low end of its 5-year range (40.04%–53.35%).
1.50% below its 12-month average of 43.33%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
42.68%
GROSS MARGIN AVG TTM
43.33%
GROSS MARGIN AVG 3Y
45.41%
GROSS MARGIN AVG 5Y
46.31%
GROSS MARGIN AVG 10Y
46.72%
GROSS MARGIN AVG 15Y
56.19%
GROSS MARGIN AVG 20Y
62.54%
CURRENT VS TTM AVG
-1.50%
CURRENT VS 3Y AVG
-6.01%
CURRENT VS 5Y AVG
-7.84%
CURRENT VS 10Y AVG
-8.64%
CURRENT VS 15Y AVG
-24.04%
CURRENT VS 20Y AVG
-31.75%
SECTOR MEDIAN · CONSUMER CYCLICAL
38.34%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+11.32%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$95.12B
Gross Margin
42.68%
TTM Avg
43.33%
3Y Avg
45.41%
5Y Avg
46.31%
Market Cap
$93.94B
Gross Margin
17.27%
TTM Avg
17.24%
3Y Avg
17.84%
5Y Avg
17.29%
Market Cap
$86.45B
Gross Margin
20.16%
TTM Avg
20.83%
3Y Avg
21.30%
5Y Avg
19.87%
Market Cap
$111.36B
Gross Margin
33.08%
TTM Avg
33.40%
3Y Avg
33.35%
5Y Avg
33.29%
Market Cap
$111.89B
Gross Margin
56.32%
TTM Avg
58.60%
3Y Avg
64.02%
5Y Avg
64.98%
Market Cap
$114.05B
Gross Margin
31.75%
TTM Avg
25.49%
3Y Avg
26.08%
5Y Avg
25.78%
Market Cap
$75.76B
Gross Margin
5.74%
TTM Avg
14.13%
3Y Avg
16.20%
5Y Avg
16.89%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $95.12B | 42.68% | 43.33% | 45.41% | 46.31% |
| BYD Company Limited (BYDDY)vs › | $93.94B | 17.27% | 17.24% | 17.84% | 17.29% |
| Airbnb, Inc. (ABNB)vs › | $100.68B | 77.98% | 77.67% | 80.08% | 79.18% |
| Marriott International, Inc. (MAR)vs › | $86.45B | 20.16% | 20.83% | 21.30% | 19.87% |
| Carvana Co. (CVNA)vs › | $80.54B | 19.37% | 20.23% | 15.96% | 15.17% |
| Lowe's Companies, Inc. (LOW)vs › | $111.36B | 33.08% | 33.40% | 33.35% | 33.29% |
| PDD Holdings Inc. (PDD)vs › | $111.89B | 56.32% | 58.60% | 64.02% | 64.98% |
| Starbucks Corporation (SBUX)vs › | $114.05B | 31.75% | 25.49% | 26.08% | 25.78% |
| General Motors Company (GM)vs › | $75.76B | 5.74% | 14.13% | 16.20% | 16.89% |
| Ross Stores, Inc. (ROST)vs › | $72.26B | 29.89% | 27.87% | 27.12% | 26.25% |
Gross Margin
42.7%
(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 |
|---|---|
| 2026-06-30 | 40.90% |
| 2026-03-31 | 43.66% |
| 2025-12-31 | 43.20% |
| 2025-09-30 | 43.31% |
| 2025-06-30 | 45.57% |
| 2025-03-31 | 46.69% |
| 2024-12-31 | 45.37% |
| 2024-09-30 | 45.91% |
| 2024-06-30 | 46.62% |
| 2024-03-31 | 46.71% |
| 2023-12-31 | 45.88% |
| 2023-09-30 | 53.35% |
| 2023-06-30 | 51.07% |
| 2023-03-31 | 50.66% |
| 2022-12-31 | 48.57% |
| 2022-09-30 | 50.11% |
| 2022-06-30 | 49.44% |
| 2022-03-31 | 47.73% |
| 2021-12-31 | 40.04% |
| 2021-09-30 | 43.43% |
| 2021-06-30 | 44.27% |
| 2021-03-31 | 42.89% |
| 2020-12-31 | 36.84% |
| 2020-09-30 | 43.04% |
| 2020-06-30 | 48.63% |
| 2020-03-31 | 47.97% |
| 2019-12-31 | 45.73% |
| 2019-09-30 | 47.15% |
| 2019-06-30 | 49.96% |
| 2019-03-31 | 50.03% |
| 2018-12-31 | 47.84% |
| 2018-09-30 | 47.77% |
| 2018-06-30 | 47.63% |
| 2018-03-31 | 50.71% |
| 2017-12-31 | 46.54% |
| 2017-09-30 | 57.66% |
| 2017-06-30 | 60.43% |
| 2017-03-31 | 62.61% |
| 2016-12-31 | 63.50% |
| 2016-09-30 | 63.09% |
| 2016-06-30 | 63.26% |
| 2016-03-31 | 64.82% |
| 2015-12-31 | 65.05% |
| 2015-09-30 | 66.31% |
| 2015-06-30 | 67.40% |
| 2015-03-31 | 69.81% |
| 2014-12-31 | 70.46% |
| 2014-09-30 | 70.66% |
| 2014-06-30 | 72.41% |
| 2014-03-31 | 72.66% |
| 2013-12-31 | 73.11% |
| 2013-09-30 | 72.25% |
| 2013-06-30 | 72.30% |
| 2013-03-31 | 72.11% |
| 2012-12-31 | 73.59% |
| 2012-09-30 | 73.58% |
| 2012-06-30 | 73.11% |
| 2012-03-31 | 74.81% |
| 2011-12-31 | 76.03% |
| 2011-09-30 | 75.42% |
| 2011-06-30 | 75.58% |
| 2011-03-31 | 76.68% |
| 2010-12-31 | 77.86% |
| 2010-09-30 | 79.53% |
| 2010-06-30 | 78.27% |
| 2010-03-31 | 78.46% |
| 2009-12-31 | 78.91% |
| 2009-09-30 | 79.46% |
| 2009-06-30 | 78.99% |
| 2009-03-31 | 79.48% |
| 2008-12-31 | 80.68% |
| 2008-09-30 | 79.75% |
| 2008-06-30 | 79.98% |
| 2008-03-31 | 79.13% |
| 2007-12-31 | 77.09% |
| 2007-09-30 | 77.23% |
| 2007-06-30 | 78.54% |
| 2007-03-31 | 78.28% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
