Highway Holdings (HIHO) Gross Margin (2009 - 2026)
Highway Holdings' Gross Margin was 26.42% in fiscal Q4 2026 (quarter ended Mar 31, 2026), up 5.91 percentage points from 20.51% a year earlier and up 0.97 percentage points from the prior quarter.
Powered by 
Analysis
Highway Holdings (HIHO) Gross Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Gross Margin at Highway Holdings came in at 28.43%, down 4.90 percentage points from FY2025.
- Gross Margin shows a five-year change of -1.10 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 33.32% in FY2025 (+6.30 pp), 27.02% in FY2024 (-3.65 pp), 30.67% in FY2023 (+0.18 pp) and 30.49% in FY2022 (+0.96 pp).
- Quarterly Gross Margin has moved between 1.83% (fiscal Q4 2024) and 41.31% (fiscal Q3 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in four of the last seven quarters, with an average year-over-year change of +3.77 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2025 (a gain of 18.68 percentage points); the worst was fiscal Q4 2023 (a drop of 20.24 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Highway Holdings | 4.16 Mn | -14.26 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 26.42% |
| Dec 31, 2025 | 25.46% |
| Sep 30, 2025 | 39.40% |
| Mar 31, 2025 | 20.51% |
| Dec 31, 2024 | 34.73% |
| Sep 30, 2024 | 39.40% |
| Jun 30, 2024 | 35.18% |
| Mar 31, 2024 | 1.83% |
| Dec 31, 2023 | 41.31% |
| Sep 30, 2023 | 28.97% |
| Jun 30, 2023 | 27.99% |
| Mar 31, 2023 | 15.52% |
| Dec 31, 2022 | 28.38% |
| Sep 30, 2022 | 36.12% |
| Jun 30, 2022 | 35.76% |
| Mar 31, 2022 | 35.76% |
| Dec 31, 2021 | 28.65% |
| Sep 30, 2021 | 32.49% |
| Jun 30, 2021 | 31.02% |
| Mar 31, 2021 | 20.94% |
API Access
Highway Holdings 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=HIHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HIHO", "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=HIHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();