Commercial Vehicle (CVGI) Gross Margin (2010 - 2026)
Commercial Vehicle (CVGI) posted quarterly Gross Margin of 11.55% for Q1 2026, up 108.0% YoY from 5.55% in Q1 2025, and up 19.05% sequentially from 9.71% in Q4 2025.
Commercial Vehicle (CVGI) Gross Margin (2010 - 2026) Analysis & Trends
Commercial Vehicle has disclosed Gross Margin across 17 years of filings, most recently posting 11.55% for Q1 2026.
- In Q1 2026, Gross Margin rose 108.0% year-over-year to 11.55%; the TTM figure through Mar 2026 stood at 10.82% (up 112.0% YoY), while the FY2025 annual figure was 10.54%, up 43.0% from the prior year.
- Gross Margin grew to 11.55% in Q1 2026, from 9.71% in the prior quarter.
- Over the last five years, Gross Margin for CVGI reached as high as 30.39% in Q4 2022 and fell as low as 8.01% in Q4 2024.
- The 5-year median for Gross Margin is 10.68% (2022), against an average of 12.29%.
- Annual changes were most pronounced in 2022 — Gross Margin surged 2018 bps — and 2023, when it slumped 1780 bps.
- A 5-year view of Gross Margin shows it stood at 30.39% in 2022, then plunged by 59 bps to 12.58% in 2023, then slumped by 36 bps to 8.01% in 2024, then increased by 21 bps to 9.71% in 2025, then gained by 19 bps to 11.55% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 11.55%, 9.71%, and 10.52% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 44.04% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 13.71% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 37.33% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -500.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 19.16% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 18.09% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 19.11% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 23.12% |
| 10 | Commercial Vehicle | 165.82 Mn | 165.82 Mn | 19.82 Mn | 11.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.55% |
| Dec 31, 2025 | 9.71% |
| Sep 30, 2025 | 10.52% |
| Jun 30, 2025 | 11.36% |
| Mar 31, 2025 | 10.48% |
| Dec 31, 2024 | 8.01% |
| Sep 30, 2024 | 9.56% |
| Jun 30, 2024 | 10.56% |
| Mar 31, 2024 | 11.90% |
| Dec 31, 2023 | 12.58% |
| Sep 30, 2023 | 14.45% |
| Jun 30, 2023 | 14.65% |
| Mar 31, 2023 | 13.40% |
| Dec 31, 2022 | 30.39% |
| Sep 30, 2022 | 10.68% |
| Jun 30, 2022 | 8.72% |
| Mar 31, 2022 | 10.39% |
| Dec 31, 2021 | 10.20% |
| Sep 30, 2021 | 12.58% |
| Jun 30, 2021 | 13.32% |