Commercial Vehicle (CVGI) Gross Margin (2010 - 2026)
Commercial Vehicle's Gross Margin came in at 12.67% for Q2 2026, up 1.31 percentage points from 11.36% a year earlier and up 1.11 percentage points from the prior quarter.
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Analysis
Commercial Vehicle (CVGI) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Commercial Vehicle reported Gross Margin of 11.22%, up 1.35 percentage points year-over-year; for FY2025, it was 10.54%, up 0.43 percentage points from FY2024.
- Gross Margin carries a five-year change of +0.22 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 10.11% in FY2024 (-4.39 pp), 14.49% in FY2023 (+3.63 pp), 10.86% in FY2022 (-1.38 pp) and 12.25% in FY2021 (+1.93 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q3 2023.
- Year-over-year, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of -0.63 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 20.18 percentage points), and the weakest in Q4 2023 (a drop of 17.80 percentage points).
- Business Quant data shows CVGI's Gross Margin at 11.55% (Q1 2026), 9.71% (Q4 2025) and 10.52% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Commercial Vehicle | 111.45 Mn | 111.45 Mn | 24.73 Mn | 12.67% |
Historic Data
Download Data
Historic 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% |
API Access
Commercial Vehicle Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CVGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CVGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CVGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();