Commercial Vehicle (CVGI) Net Margin (2010 - 2026)
Commercial Vehicle (CVGI) recorded Net Margin of -5.25% in Q2 2026, down 2.48 percentage points from -2.77% a year earlier and down 5.77 percentage points from the prior quarter.
Commercial Vehicle (CVGI) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Commercial Vehicle's Net Margin came in at -3.42% as of Jun 30, 2026, up 2.24 percentage points year-over-year; for FY2025, it came in at -3.51%, up 0.34 percentage points from FY2024.
- Annual Net Margin has a five-year change of +1.65 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -3.85% in FY2024 (-9.77 pp), 5.91% in FY2023 (+8.72 pp), -2.81% in FY2022 (-5.25 pp) and 2.44% in FY2021 (+7.60 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -3.74 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 101.00 percentage points in Q4 2023, against a drop of 90.14 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.53% (Q1 2026), -4.28% (Q4 2025) and -4.64% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 18.95% |
| 10 | Commercial Vehicle | 111.45 Mn | 111.45 Mn | 24.73 Mn | -5.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.25% |
| Mar 31, 2026 | 0.53% |
| Dec 31, 2025 | -4.28% |
| Sep 30, 2025 | -4.64% |
| Jun 30, 2025 | -2.77% |
| Mar 31, 2025 | -2.54% |
| Dec 31, 2024 | -23.71% |
| Sep 30, 2024 | 5.54% |
| Jun 30, 2024 | -0.83% |
| Mar 31, 2024 | 1.51% |
| Dec 31, 2023 | 12.02% |
| Sep 30, 2023 | 3.59% |
| Jun 30, 2023 | 3.87% |
| Mar 31, 2023 | 3.31% |
| Dec 31, 2022 | -88.99% |
| Sep 30, 2022 | 1.41% |
| Jun 30, 2022 | 0.99% |
| Mar 31, 2022 | 1.63% |
| Dec 31, 2021 | 1.15% |
| Sep 30, 2021 | 3.13% |
Commercial Vehicle Net 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=net-margin&ticker=CVGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CVGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();