Honda Motor (HMC) Gross Margin (2009 - 2026)
Honda Motor's Gross Margin was 22.24% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 2.19 percentage points from 20.05% a year earlier and up 15.85 percentage points from the prior quarter.
Honda Motor (HMC) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Honda Motor's Gross Margin was 17.27% through Jun 30, 2026, down 0.87 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 16.53%, down 4.97 percentage points from FY2025.
- Gross Margin shows a five-year change of -4.20 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 21.50% in FY2025 (-0.09 pp), 21.60% in FY2024, 21.75% in FY2023 (+1.96 pp) and 19.79% in FY2022.
- The fiscal Q1 2027 figure marks the highest quarterly Gross Margin since fiscal Q4 2020.
- Compared with a year earlier, Gross Margin was higher in 1 of the last five quarters, with an average year-over-year change of -0.73 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2022 (a gain of 2.79 percentage points); the worst was fiscal Q1 2026 (a drop of 2.08 percentage points).
- Per Business Quant data, HMC's Gross Margin in the three fiscal quarters before Q1 2027 was 6.39% (Q4 2026), 20.25% (Q3 2026) and 20.37% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | 16.83% |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | 15.26% |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 52.59% |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | 12.59% |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | 22.24% |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 24.69% |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 14.68% |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | 10.80% |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 10.98% |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | 11.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.24% |
| Mar 31, 2026 | 6.39% |
| Dec 31, 2025 | 20.25% |
| Sep 30, 2025 | 20.37% |
| Jun 30, 2025 | 20.05% |
| Mar 31, 2025 | 21.23% |
| Dec 31, 2024 | 21.33% |
| Sep 30, 2024 | 21.32% |
| Jun 30, 2024 | 22.14% |
| Dec 31, 2023 | 21.78% |
| Jun 30, 2023 | 21.56% |
| Dec 31, 2022 | 20.25% |
| Jun 30, 2022 | 19.99% |
| Mar 31, 2022 | 20.50% |
| Dec 31, 2021 | 20.71% |
| Sep 30, 2021 | 20.24% |
| Jun 30, 2021 | 20.58% |
| Mar 31, 2021 | 21.49% |
| Dec 31, 2020 | 22.02% |
| Sep 30, 2020 | 21.01% |
Honda Motor 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=HMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HMC", "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=HMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();