Commercial Vehicle (CVGI) Operating Margin (2010 - 2026)
Commercial Vehicle (CVGI) posted Operating Margin of 0.80% for Q2 2026, up 0.33 percentage points from 0.46% a year earlier but down 7.78 percentage points from the prior quarter.
Commercial Vehicle (CVGI) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Commercial Vehicle was 1.99%, up 2.60 percentage points year-over-year; for FY2025, it was -0.10%, unchanged from FY2024.
- Annual Operating Margin shows a five-year change of +3.13 percentage points (FY2020 to FY2025).
- In prior years, Commercial Vehicle's Operating Margin was -0.10% in FY2024 (-4.88 pp), 4.77% in FY2023 (+1.60 pp), 3.17% in FY2022 (-1.93 pp) and 5.10% in FY2021 (+8.33 pp).
- Quarterly Operating Margin has run from a low of -3.23% in Q4 2024 to a high of 8.58% in Q1 2026 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last three quarters, with an average year-over-year change of -0.23 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2026, with a gain of 7.75 percentage points; the weakest was Q2 2024, with a drop of 5.53 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 8.58% (Q1 2026), -1.16% (Q4 2025) and -0.70% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 26.67% |
| 10 | Commercial Vehicle | 111.45 Mn | 111.45 Mn | 24.73 Mn | 0.80% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.80% |
| Mar 31, 2026 | 8.58% |
| Dec 31, 2025 | -1.16% |
| Sep 30, 2025 | -0.70% |
| Jun 30, 2025 | 0.46% |
| Mar 31, 2025 | 0.83% |
| Dec 31, 2024 | -3.23% |
| Sep 30, 2024 | -0.62% |
| Jun 30, 2024 | 0.55% |
| Mar 31, 2024 | 2.32% |
| Dec 31, 2023 | 2.10% |
| Sep 30, 2023 | 4.40% |
| Jun 30, 2023 | 6.08% |
| Mar 31, 2023 | 5.57% |
| Dec 31, 2022 | 1.87% |
| Sep 30, 2022 | 3.79% |
| Jun 30, 2022 | 2.48% |
| Mar 31, 2022 | 3.43% |
| Dec 31, 2021 | 2.83% |
| Sep 30, 2021 | 4.75% |
Commercial Vehicle Operating 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=operating-margin&ticker=CVGI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CVGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();