Wing Yip Food Holdings (WYHG) Gross Margin (2023 - 2025)
Wing Yip Food Holdings (WYHG) posted quarterly Gross Margin of 24.33% for Q3 2025, down 174.0% year-on-year from 32.88% in Q3 2024, and down 15.28% on a QoQ basis from 28.72% in Q2 2025.
Wing Yip Food Holdings (WYHG) Gross Margin (2023 - 2025) Analysis & Trends
Wing Yip Food Holdings (WYHG) has reported Gross Margin for 3 consecutive years, with 24.33% the latest figure, recorded in Q3 2025.
- Quarterly Gross Margin fell 174.0% year-over-year to 24.33% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 28.56% (down 394.0% YoY) and the FY2024 annual result came in at 30.97%, down 416.0% from the prior year.
- Gross Margin slipped to 24.33% in Q3 2025 per WYHG's latest filing, from 28.72% in the prior quarter.
- Over the last five years, Gross Margin for WYHG reached as high as 38.17% in Q1 2024 and fell as low as 24.33% in Q3 2025.
- A 3-year average of 30.56% and a median of 30.28% in 2025 frame the typical range for Gross Margin.
- The largest YoY upside for Gross Margin was 174 bps in 2025 against a maximum downside of 593 bps in 2025.
- Year by year, Gross Margin stood at 34.45% in 2023, then declined by 17 bps to 28.62% in 2024, then dropped by 15 bps to 24.33% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 24.33%, 28.72%, and 32.24% for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Wing Yip Food Holdings | 46.35 Mn | -68.34 Mn | 7.81 Mn | 24.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 24.33% |
| Jun 30, 2025 | 28.72% |
| Mar 31, 2025 | 32.24% |
| Dec 31, 2024 | 28.62% |
| Sep 30, 2024 | 26.07% |
| Jun 30, 2024 | 31.84% |
| Mar 31, 2024 | 38.17% |
| Dec 31, 2023 | 34.45% |