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 52.59% is in line with its 5-year average of 50.30%, near the high end of its 5-year range (46.89%–52.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.53% above its 12-month average of 51.80%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
52.59%
GROSS MARGIN AVG TTM
51.80%
GROSS MARGIN AVG 3Y
50.83%
GROSS MARGIN AVG 5Y
50.30%
GROSS MARGIN AVG 10Y
50.82%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+1.53%
CURRENT VS 3Y AVG
+3.48%
CURRENT VS 5Y AVG
+4.56%
CURRENT VS 10Y AVG
+3.49%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
38.11%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+38.00%
vs the sector median at left
Market Cap
$71.48B
Gross Margin
44.06%
TTM Avg
34.28%
3Y Avg
31.98%
5Y Avg
28.34%
Market Cap
$77.51B
Gross Margin
51.64%
TTM Avg
51.40%
3Y Avg
51.32%
5Y Avg
51.73%
Market Cap
$79.21B
Gross Margin
5.74%
TTM Avg
14.13%
3Y Avg
16.20%
5Y Avg
16.89%
Market Cap
$81.87B
Gross Margin
28.33%
TTM Avg
27.87%
3Y Avg
27.12%
5Y Avg
26.25%
Market Cap
$85.82B
Gross Margin
46.64%
TTM Avg
47.18%
3Y Avg
40.90%
5Y Avg
9.93%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ferrari N.V. (RACE) | $72.52B | 52.59% | 51.80% | 50.83% | 50.30% |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $71.48B | 44.06% | 34.28% | 31.98% | 28.34% |
| Sea Limited (SE)vs › | $68.10B | 44.27% | 43.75% | 43.45% | 40.63% |
| O'Reilly Automotive, Inc. (ORLY)vs › | $77.51B | 51.64% | 51.40% | 51.32% | 51.73% |
| Carvana Co. (CVNA)vs › | $77.71B | 19.37% | 20.23% | 15.96% | 15.17% |
| General Motors Company (GM)vs › | $79.21B | 5.74% | 14.13% | 16.20% | 16.89% |
| Ross Stores, Inc. (ROST)vs › | $81.87B | 28.33% | 27.87% | 27.12% | 26.25% |
| NIKE, Inc. (NKE)vs › | $61.71B | 42.91% | 42.82% | 43.43% | 44.09% |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $85.82B | 46.64% | 47.18% | 40.90% | 9.93% |
| Ford Motor Company (F)vs › | $55.75B | 10.77% | 12.41% | 13.63% | 13.75% |
Gross Margin
52.6%
(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 | 52.59% |
| 2026-03-31 | 51.83% |
| 2025-12-31 | 51.88% |
| 2025-09-30 | 50.05% |
| 2025-06-30 | 52.64% |
| 2025-03-31 | 52.12% |
| 2024-12-31 | 50.20% |
| 2024-09-30 | 49.70% |
| 2024-06-30 | 49.97% |
| 2024-03-31 | 50.67% |
| 2023-12-31 | 48.79% |
| 2023-09-30 | 49.56% |
| 2023-06-30 | 50.72% |
| 2023-03-31 | 50.24% |
| 2022-12-31 | 46.89% |
| 2022-09-30 | 47.57% |
| 2022-06-30 | 47.43% |
| 2022-03-31 | 50.40% |
| 2021-12-31 | 50.95% |
| 2021-09-30 | 50.23% |
| 2021-06-30 | 51.85% |
| 2021-03-31 | 52.19% |
| 2020-12-31 | 52.22% |
| 2020-09-30 | 52.07% |
| 2020-06-30 | 47.58% |
| 2020-03-31 | 51.64% |
| 2019-12-31 | 52.80% |
| 2019-09-30 | 53.52% |
| 2019-06-30 | 51.16% |
| 2019-03-31 | 50.90% |
| 2018-12-31 | 52.73% |
| 2018-09-30 | 52.16% |
| 2018-06-30 | 52.36% |
| 2018-03-31 | 52.98% |
| 2017-12-31 | 52.47% |
| 2017-09-30 | 52.66% |
| 2017-06-30 | 50.22% |
| 2017-03-31 | 51.54% |
| 2016-12-31 | 48.56% |
| 2016-09-30 | 49.47% |
| 2016-06-30 | 48.06% |
| 2016-03-31 | 50.70% |
| 2015-12-31 | 45.63% |
| 2015-09-30 | 48.52% |
| 2015-06-30 | 45.75% |
| 2015-03-31 | 50.68% |
| 2014-12-31 | 48.89% |
| 2014-09-30 | 42.05% |
| 2014-06-30 | 43.96% |
| 2014-03-31 | 46.83% |