Where Food Comes From (WFCF) Gross Margin (2010 - 2025)
Where Food Comes From's (WFCF) quarterly Gross Margin came in at 35.87% in Q4 2025, down 618.0% year-on-year from 6.92% in Q4 2024, and down 6.33% quarter-over-quarter from 38.29% in Q3 2025.
Where Food Comes From (WFCF) Gross Margin (2010 - 2025) Analysis & Trends
Where Food Comes From's Gross Margin history runs 16 years deep, the most recent figure standing at 35.87% for Q4 2025.
- On a quarterly basis, Gross Margin fell 618.0% year-over-year to 35.87% in Q4 2025; TTM through Dec 2025 was 38.2%, a 283.0% decrease from a year earlier, with the FY2025 full-year figure at 38.2%, down 283.0% from the prior year.
- Gross Margin retreated to 35.87% in Q4 2025 per WFCF's latest filing, from 38.29% in the prior quarter.
- Across five years, Gross Margin topped out at 50.6% in Q4 2021 and bottomed at 35.87% in Q4 2025.
- The 5-year median for Gross Margin is 41.24% (2024), against an average of 41.46%.
- Biggest YoY gain for Gross Margin was 636 bps in 2021; the steepest drop was 848 bps in 2021.
- Year by year, Gross Margin stood at 50.6% in 2021, then declined by 10 bps to 45.31% in 2022, then decreased by 1 bps to 44.67% in 2023, then slipped by 6 bps to 42.04% in 2024, then slipped by 15 bps to 35.87% in 2025.
- Per Business Quant, the three latest WFCF Gross Margin figures stand at 35.87% (Q4 2025), 38.29% (Q3 2025), and 37.49% (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 50.98% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 59.24% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 75.16% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 50.26% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 8.69% |
| 10 | Where Food Comes From | 63.78 Mn | 60.58 Mn | 2.17 Mn | 35.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 35.87% |
| Sep 30, 2025 | 38.29% |
| Jun 30, 2025 | 37.49% |
| Mar 31, 2025 | 41.63% |
| Dec 31, 2024 | 42.04% |
| Sep 30, 2024 | 39.03% |
| Jun 30, 2024 | 41.56% |
| Mar 31, 2024 | 41.72% |
| Dec 31, 2023 | 44.67% |
| Sep 30, 2023 | 40.88% |
| Jun 30, 2023 | 40.91% |
| Mar 31, 2023 | 40.69% |
| Dec 31, 2022 | 45.31% |
| Sep 30, 2022 | 43.77% |
| Jun 30, 2022 | 39.95% |
| Mar 31, 2022 | 38.94% |
| Dec 31, 2021 | 50.60% |
| Sep 30, 2021 | 44.74% |
| Jun 30, 2021 | 39.08% |
| Mar 31, 2021 | 41.94% |