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 38.16% is in line with its 5-year average of 37.45%, around the middle of its 5-year range (28.07%–43.26%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.67% above its 12-month average of 37.53%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
38.16%
GROSS MARGIN AVG TTM
37.53%
GROSS MARGIN AVG 3Y
38.65%
GROSS MARGIN AVG 5Y
37.45%
GROSS MARGIN AVG 10Y
38.91%
GROSS MARGIN AVG 15Y
39.00%
GROSS MARGIN AVG 20Y
39.77%
CURRENT VS TTM AVG
+1.67%
CURRENT VS 3Y AVG
-1.28%
CURRENT VS 5Y AVG
+1.89%
CURRENT VS 10Y AVG
-1.93%
CURRENT VS 15Y AVG
-2.14%
CURRENT VS 20Y AVG
-4.06%
SECTOR MEDIAN · CONSUMER DEFENSIVE
35.73%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+6.80%
vs the sector median at left
Molson Coors Beverage Company
Market Cap
$7.97B
Gross Margin
38.16%
TTM Avg
37.53%
3Y Avg
38.65%
5Y Avg
37.45%
Market Cap
$7.54B
Gross Margin
20.56%
TTM Avg
20.56%
3Y Avg
23.19%
5Y Avg
23.33%
Market Cap
$7.53B
Gross Margin
49.62%
TTM Avg
50.28%
3Y Avg
47.51%
5Y Avg
46.25%
Market Cap
$7.38B
Gross Margin
23.92%
TTM Avg
23.92%
3Y Avg
25.81%
5Y Avg
25.73%
Market Cap
$6.80B
Gross Margin
28.85%
TTM Avg
30.42%
3Y Avg
30.81%
5Y Avg
31.25%
Market Cap
$10.66B
Gross Margin
13.44%
TTM Avg
13.43%
3Y Avg
10.54%
5Y Avg
10.53%
Market Cap
$4.42B
Gross Margin
43.43%
TTM Avg
33.36%
3Y Avg
30.93%
5Y Avg
24.82%
Market Cap
$12.78B
Gross Margin
60.54%
TTM Avg
59.74%
3Y Avg
59.73%
5Y Avg
60.04%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Molson Coors Beverage Company (TAP) | $7.97B | 38.16% | 37.53% | 38.65% | 37.45% |
| Lamb Weston Holdings, Inc. (LW)vs › | $7.54B | 20.56% | 20.56% | 23.19% | 23.33% |
| Celsius Holdings, Inc. (CELH)vs › | $7.53B | 49.62% | 50.28% | 47.51% | 46.25% |
| Conagra Brands, Inc. (CAG)vs › | $7.38B | 23.92% | 23.92% | 25.81% | 25.73% |
| Campbell Soup Company (CPB)vs › | $6.80B | 28.85% | 30.42% | 30.81% | 31.25% |
| Smithfield Foods, Inc. (SFD)vs › | $10.66B | 13.44% | 13.43% | 10.54% | 10.53% |
| Cal-Maine Foods, Inc. (CALM)vs › | $4.42B | 43.43% | 33.36% | 30.93% | 24.82% |
| The Clorox Company (CLX)vs › | $12.13B | 43.85% | 44.10% | 40.84% | 42.09% |
| Brown-Forman Corporation (BF-B)vs › | $12.78B | 60.54% | 59.74% | 59.73% | 60.04% |
| Tootsie Roll Industries, Inc. (TR)vs › | $2.94B | 35.37% | 35.27% | 34.45% | 34.81% |
Gross Margin
38.2%
(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 | 38.16% |
| 2025-12-31 | 33.06% |
| 2025-09-30 | 39.47% |
| 2025-06-30 | 40.05% |
| 2025-03-31 | 36.93% |
| 2024-12-31 | 37.93% |
| 2024-09-30 | 39.52% |
| 2024-06-30 | 40.89% |
| 2024-03-31 | 37.11% |
| 2023-12-31 | 37.01% |
| 2023-09-30 | 40.81% |
| 2023-06-30 | 37.31% |
| 2023-03-31 | 32.85% |
| 2022-12-31 | 35.13% |
| 2022-09-30 | 33.51% |
| 2022-06-30 | 28.07% |
| 2022-03-31 | 41.89% |
| 2021-12-31 | 32.73% |
| 2021-09-30 | 42.29% |
| 2021-06-30 | 43.26% |
| 2021-03-31 | 38.51% |
| 2020-12-31 | 39.02% |
| 2020-09-30 | 43.67% |
| 2020-06-30 | 41.82% |
| 2020-03-31 | 29.67% |
| 2019-12-31 | 38.86% |
| 2019-09-30 | 40.69% |
| 2019-06-30 | 40.31% |
| 2019-03-31 | 38.65% |
| 2018-12-31 | 34.01% |
| 2018-09-30 | 41.59% |
| 2018-06-30 | 43.63% |
| 2018-03-31 | 34.13% |
| 2017-12-31 | 41.91% |
| 2017-09-30 | 44.88% |
| 2017-06-30 | 43.21% |
| 2017-03-31 | 43.96% |
| 2016-12-31 | 35.24% |
| 2016-09-30 | 42.88% |
| 2016-06-30 | 42.99% |
| 2016-03-31 | 37.01% |
| 2015-12-31 | 35.71% |
| 2015-09-30 | 42.41% |
| 2015-06-30 | 42.34% |
| 2015-03-31 | 35.03% |
| 2014-12-31 | 36.31% |
| 2014-09-30 | 42.93% |
| 2014-06-30 | 42.51% |
| 2014-03-31 | 35.88% |
| 2013-12-31 | 37.34% |
| 2013-09-28 | 42.79% |
| 2013-06-29 | 41.93% |
| 2013-03-30 | 33.96% |
| 2012-12-31 | 37.24% |
| 2012-09-29 | 42.53% |
| 2012-06-30 | 41.96% |
| 2012-03-31 | 36.53% |
| 2011-12-31 | 41.59% |
| 2011-09-24 | 42.32% |
| 2011-06-25 | 43.88% |
| 2011-03-26 | 38.12% |
| 2010-12-31 | 43.05% |
| 2010-09-25 | 47.73% |
| 2010-06-26 | 46.25% |
| 2010-03-27 | 38.82% |
| 2009-12-31 | 42.06% |
| 2009-09-26 | 44.64% |
| 2009-06-28 | 45.85% |
| 2009-03-29 | 38.09% |
| 2008-12-31 | 39.40% |
| 2008-09-28 | 43.07% |
| 2008-06-29 | 41.19% |
| 2008-03-30 | 38.45% |
| 2007-12-31 | 38.85% |
| 2007-09-30 | 41.42% |
| 2007-07-01 | 42.31% |
| 2007-04-01 | 37.31% |
| 2006-12-31 | 39.45% |
| 2006-09-24 | 42.46% |
| 2006-06-25 | 41.88% |
| 2006-03-26 | 37.02% |
| 2005-12-31 | 40.78% |
| 2005-09-25 | 40.37% |
| 2005-06-26 | 40.42% |
| 2005-03-27 | 33.72% |
| 2004-12-31 | 34.49% |
| 2004-09-26 | 37.66% |
| 2004-06-27 | 38.86% |
| 2004-03-28 | 33.81% |
| 2003-12-31 | 32.91% |
| 2003-09-28 | 37.26% |
| 2003-06-29 | 37.92% |
| 2003-03-30 | 32.44% |
| 2002-12-31 | 33.13% |
| 2002-09-29 | 36.49% |
| 2002-06-30 | 39.82% |