Commercial Vehicle (CVGI) Gross Margin (2010 - 2026)
Commercial Vehicle (CVGI) posted quarterly Gross Margin of 11.55% for Q1 2026, up 108.0% year-over-year from 5.55% in Q1 2025, and up 19.05% quarter-over-quarter from 9.71% in Q4 2025.
Commercial Vehicle (CVGI) Gross Margin (2010 - 2026) Analysis & Trends
Commercial Vehicle (CVGI) has reported Gross Margin for 17 consecutive years, with 11.55% the latest figure, recorded in 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 advanced to 11.55% in Q1 2026 per CVGI's latest filing, from 9.71% in the prior quarter.
- Across five years, Gross Margin topped out at 30.39% in Q4 2022 and bottomed at 8.01% in Q4 2024.
- Historically, Gross Margin has averaged 12.29% across 5 years, with a median of 10.68% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin surged 2018 bps — and 2023, when it plunged 1780 bps.
- Commercial Vehicle's Gross Margin stood at 30.39% in 2022, then tumbled by 59 bps to 12.58% in 2023, then sank by 36 bps to 8.01% in 2024, then rose by 21 bps to 9.71% in 2025, then advanced by 19 bps to 11.55% in 2026.
- Business Quant data shows CVGI's Gross Margin at 11.55% in Q1 2026, 9.71% in Q4 2025, and 10.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 51.45% |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 14.68% |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 37.80% |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 19.76% |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 32.89% |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 23.67% |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 18.16% |
| 10 | Commercial Vehicle | 107.44 Mn | 107.44 Mn | 24.73 Mn | 12.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.67% |
| 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% |