Highway Holdings (HIHO) Gross Margin (2009 - 2026)
Highway Holdings (HIHO) posted quarterly Gross Margin of 26.42% for Q1 2026, up 591.0% year-over-year from 3.82% in Q1 2025, and up 3.79% quarter-over-quarter from 25.46% in Q4 2025.
Highway Holdings (HIHO) Gross Margin (2009 - 2026) Analysis & Trends
Highway Holdings (HIHO) has reported Gross Margin for 18 consecutive years, with 26.42% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 591.0% year-over-year to 26.42%; the TTM figure through Mar 2026 stood at 30.54% (down 229.0% YoY), while the FY2026 annual figure was 28.43%, down 490.0% from the prior year.
- Gross Margin grew to 26.42% in Q1 2026 per HIHO's latest filing, from 25.46% in the prior quarter.
- Across five years, Gross Margin topped out at 41.31% in Q4 2023 and bottomed at 1.83% in Q1 2024.
- Historically, Gross Margin has averaged 29.54% across 5 years, with a median of 31.85% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin sank 2000000000 bps — and 2025, when it soared 1868 bps.
- Highway Holdings' Gross Margin stood at 28.38% in 2022, then surged by 46 bps to 41.31% in 2023, then decreased by 16 bps to 34.73% in 2024, then retreated by 27 bps to 25.46% in 2025, then gained by 4 bps to 26.42% in 2026.
- Business Quant data shows HIHO's Gross Margin at 26.42% in Q1 2026, 25.46% in Q4 2025, and 39.4% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.27 Bn | 27.48 Bn | 309.80 Mn | 24.57% |
| 2 | Carpenter Technology | 24.75 Bn | 24.36 Bn | 268.90 Mn | 31.60% |
| 3 | Mueller Industries | 13.73 Bn | 12.32 Bn | 395.35 Mn | 27.69% |
| 4 | Commercial Metals | 7.35 Bn | 6.79 Bn | 455.14 Mn | 18.33% |
| 5 | Esab | 4.98 Bn | 4.77 Bn | 307.21 Mn | 38.04% |
| 6 | Gpgi | 3.70 Bn | 3.69 Bn | - | - |
| 7 | Worthington Enterprises | 2.79 Bn | 2.76 Bn | 101.89 Mn | 27.43% |
| 8 | Proto Labs | 1.90 Bn | 1.76 Bn | 69.34 Mn | 46.43% |
| 9 | Ryerson Holding | 1.31 Bn | 1.27 Bn | 355.20 Mn | 17.71% |
| 10 | Highway Holdings | 4.14 Mn | 288,922.96 | - | - |
Historic Data
Download 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 | 20,941,558.44% |