Betterware De Mexico, S.A.P.I. De C.V (BWMX) Gross Margin (2019 - 2026)
Betterware De Mexico, S.A.P.I. De C.V (BWMX) posted quarterly Gross Margin of 66.28% for Q1 2026, up 9.0% year-over-year from 60.8% in Q1 2025, and up 1.98% on a QoQ basis from 64.99% in Q4 2025.
Betterware De Mexico, S.A.P.I. De C.V (BWMX) Gross Margin (2019 - 2026) Analysis & Trends
Betterware De Mexico, S.A.P.I. De C.V (BWMX) has reported Gross Margin for 8 consecutive years, with 66.28% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 9.0% year-over-year to 66.28%; the TTM figure through Mar 2026 stood at 66.65% (down 43.0% YoY), while the FY2025 annual figure was 66.56%, down 50161.0% from the prior year.
- Gross Margin came in at 66.28% for Q1 2026 at Betterware De Mexico, S.A.P.I. De C.V, up from 64.99% in the prior quarter.
- The five-year high for Gross Margin was 73.27% in Q2 2023, with the low at 63.6% in Q1 2022.
- Average Gross Margin over 5 years is 68.45%, with a median of 68.47% recorded in 2025.
- Across the five-year window, Gross Margin soared 1677 bps in 2022 and tumbled 545 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 70.44% in 2022, then declined by 1 bps to 69.96% in 2023, then declined by 4 bps to 67.32% in 2024, then slipped by 3 bps to 64.99% in 2025, then gained by 2 bps to 66.28% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 66.28%, 64.99%, and 68.47% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 23.63% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 46.87% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 23.52% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 82.59% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 40.32% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 97.03% |
| 10 | Betterware De Mexico, S.A.P.I. De C.V | - | - | 132.45 Mn | 66.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.28% |
| Dec 31, 2025 | 64.99% |
| Sep 30, 2025 | 68.47% |
| Jun 30, 2025 | 67.14% |
| Mar 31, 2025 | 66.18% |
| Dec 31, 2024 | 67.32% |
| Sep 30, 2024 | 66.87% |
| Jun 30, 2024 | 67.82% |
| Mar 31, 2024 | 69.72% |
| Dec 31, 2023 | 69.96% |
| Sep 30, 2023 | 70.21% |
| Jun 30, 2023 | 73.27% |
| Mar 31, 2023 | 72.80% |
| Dec 31, 2022 | 70.44% |
| Sep 30, 2022 | 68.99% |
| Jun 30, 2022 | 69.59% |
| Mar 31, 2022 | 63.60% |
| Dec 31, 2021 | 53.68% |
| Sep 30, 2021 | 56.26% |
| Jun 30, 2021 | 56.75% |