Commercial Vehicle (CVGI) Gross Margin (2010 - 2026)
Commercial Vehicle (CVGI) reported 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 17 years of Gross Margin data on file, last reported at 11.55% in Q1 2026.
- Gross Margin for Q1 2026 came in at 11.55%, up 108.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.82% (up 112.0% YoY), and the FY2025 annual result was 10.54%, up 43.0% from the prior year.
- Gross Margin improved to 11.55% in Q1 2026 per CVGI's latest filing, from 9.71% in the prior quarter.
- Over five years, Gross Margin peaked at 30.39% in Q4 2022 and troughed at 8.01% in Q4 2024.
- A 5-year average of 12.29% and a median of 10.68% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 2018 bps in 2022, then plunged 1780 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 30.39% in 2022, then slumped by 59 bps to 12.58% in 2023, then plunged 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.
- 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 | 76.00 Bn | 75.75 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 52.15% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 18.09% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 28.88% |
| 10 | Commercial Vehicle | 177.45 Mn | 177.45 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% |