Betterware De Mexico, S.A.P.I. De C.V (BWMX) Net Margin (2019 - 2026)
Betterware De Mexico, S.A.P.I. De C.V (BWMX) posted quarterly Net Margin of 9.48% for Q2 2026, up 31.0% year-on-year from 7.24% in Q2 2025, and up 18.29% on a QoQ basis from 8.02% in Q1 2026.
Betterware De Mexico, S.A.P.I. De C.V (BWMX) Net Margin (2019 - 2026) Analysis & Trends
Betterware De Mexico, S.A.P.I. De C.V (BWMX) has reported Net Margin for 8 consecutive years, with 9.48% the latest figure, recorded in Q2 2026.
- Quarterly Net Margin rose 31.0% year-over-year to 9.48% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 6.95% (up 7.0% YoY) and the FY2025 annual result came in at 7.45%, up 240.0% from the prior year.
- Net Margin advanced to 9.48% in Q2 2026 per BWMX's latest filing, from 8.02% in the prior quarter.
- Over the last five years, Net Margin for BWMX reached as high as 23.42% in Q3 2025 and fell as low as 2.94% in Q4 2025.
- A 5-year average of 9.21% and a median of 8.68% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin plunged 6667 bps — and 2025, when it surged 881 bps.
- Year by year, Net Margin stood at 7.8% in 2022, then surged by 50 bps to 11.73% in 2023, then slumped by 72 bps to 3.32% in 2024, then plunged by 188 bps to 2.94% in 2025, then surged by 422 bps to 9.48% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 9.48%, 8.02%, and 2.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.43 Bn | 31.91 Bn | 1.08 Bn | 3.56% |
| 2 | NaaS Technology | 31.54 Bn | 31.54 Bn | - | - |
| 3 | Williams Sonoma | 28.17 Bn | 27.15 Bn | 1.10 Bn | 15.61% |
| 4 | Ulta Beauty | 23.05 Bn | 22.56 Bn | 1.48 Bn | 9.15% |
| 5 | Best Buy | 18.23 Bn | 16.48 Bn | 2.10 Bn | 3.09% |
| 6 | Dick'S Sporting Goods | 16.52 Bn | 15.17 Bn | 1.77 Bn | 2.06% |
| 7 | MINISO Group Holding | 15.94 Bn | 14.87 Bn | 414.86 Mn | -2.26% |
| 8 | Tractor Supply | 15.92 Bn | 15.70 Bn | 1.30 Bn | 4.58% |
| 9 | Five Below | 12.14 Bn | 11.21 Bn | 696.98 Mn | 13.78% |
| 10 | Betterware De Mexico, S.A.P.I. De C.V | 651,770.00 | -29.46 Mn | 156.12 Mn | 9.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.48% |
| Mar 31, 2026 | 8.02% |
| Dec 31, 2025 | -2.94% |
| Sep 30, 2025 | 23.42% |
| Jun 30, 2025 | 9.17% |
| Mar 31, 2025 | 4.31% |
| Dec 31, 2024 | 3.32% |
| Sep 30, 2024 | 14.61% |
| Jun 30, 2024 | 17.67% |
| Mar 31, 2024 | 8.20% |
| Dec 31, 2023 | 11.73% |
| Sep 30, 2023 | 6.30% |
| Jun 30, 2023 | 13.77% |
| Mar 31, 2023 | 5.77% |
| Dec 31, 2022 | 7.80% |
| Sep 30, 2022 | 1.63% |
| Jun 30, 2022 | 9.31% |
| Mar 31, 2022 | 14.28% |
| Dec 31, 2021 | 6.36% |
| Sep 30, 2021 | 68.30% |