United Breweries (CCU) Gross Margin (2009 - 2026)
United Breweries (CCU) reported Gross Margin of 47.29% for Q1 2026, up 55.0% on a YoY basis from 30.51% in Q1 2025, and up 15.79% sequentially from 40.84% in Q2 2025.
United Breweries (CCU) Gross Margin (2009 - 2026) Analysis & Trends
United Breweries (CCU) has 18 years of Gross Margin data on file, last reported at 47.29% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 55.0% year-over-year to 47.29%; the trailing twelve-month figure through Mar 2026 stood at 46.14% (up 606.0% YoY), and the FY2025 full-year result was 44.39%, down 84.0% from the prior year.
- Gross Margin rose to 47.29% in Q1 2026, from 40.84% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 48.49% in Q1 2023 to a low of 40.05% in Q2 2024.
- A 5-year average of 44.99% and a median of 46.22% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 2116209 bps in 2022 and jumped 309 bps in 2023, its largest moves.
- Tracing CCU's Gross Margin over 5 years: stood at 47.52% in 2022, then dropped by 3 bps to 46.15% in 2023, then advanced by 4 bps to 47.84% in 2024, then slipped by 15 bps to 40.84% in 2025, then increased by 16 bps to 47.29% in 2026.
- Business Quant data shows CCU's Gross Margin at 47.29% in Q1 2026, 40.84% in Q2 2025, and 46.74% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,315.79 Bn | 3,674.57 Bn | 387.52 Bn | 47.29% |
| 2 | Mexican Economic Development | 1,198.50 Bn | 1,192.35 Bn | - | - |
| 3 | Anheuser-Busch InBev | 166.38 Bn | 154.16 Bn | 8.61 Bn | 55.37% |
| 4 | Ambev | 49.20 Bn | 45.43 Bn | 2.42 Bn | 52.63% |
| 5 | Constellation Brands | 23.08 Bn | 22.99 Bn | 1.32 Bn | 50.98% |
| 6 | Molson Coors Beverage | 8.14 Bn | 7.76 Bn | 897.20 Mn | 244.60% |
| 7 | Boston Beer | 1.96 Bn | 1.70 Bn | 286.37 Mn | 47.12% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.29% |
| Jun 30, 2025 | 40.84% |
| Mar 31, 2025 | 46.74% |
| Dec 31, 2024 | 47.84% |
| Jun 30, 2024 | 40.05% |
| Mar 31, 2024 | 47.20% |
| Dec 31, 2023 | 46.15% |
| Jun 30, 2023 | 43.43% |
| Mar 31, 2023 | 48.49% |
| Dec 31, 2022 | 47.52% |
| Sep 30, 2022 | 42.74% |
| Jun 30, 2022 | 40.34% |
| Mar 31, 2022 | 46.22% |
| Dec 31, 2021 | 47.52% |
| Sep 30, 2021 | 46.98% |
| Jun 30, 2021 | 21,202.44% |
| Mar 31, 2021 | 50.80% |
| Dec 31, 2020 | 49.25% |
| Sep 30, 2020 | 44.33% |
| Mar 31, 2020 | 49.64% |