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) recorded quarterly Gross Margin of 66.28% in Q1 2026, up 1.98% quarter-over-quarter from 64.99% in Q4 2025, and up 9.0% on a YoY basis from 60.8% in Q1 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's Gross Margin history runs 8 years deep, the most recent figure standing at 66.28% for 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 was 66.28% for Q1 2026 at Betterware De Mexico, S.A.P.I. De C.V, up from 64.99% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 73.27% in Q2 2023 to a low of 63.6% in Q1 2022.
- Historically, Gross Margin has averaged 68.45% across 5 years, with a median of 68.47% in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 1677 bps in 2022, then slumped 545 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 70.44% in 2022, then decreased by 1 bps to 69.96% in 2023, then decreased by 4 bps to 67.32% in 2024, then fell by 3 bps to 64.99% in 2025, then grew by 2 bps to 66.28% in 2026.
- The last three Gross Margin figures came in at 66.28% (Q1 2026), 64.99% (Q4 2025), and 68.47% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | Betterware De Mexico, S.A.P.I. De C.V | 330,249.40 | -18.46 Mn | 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% |