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
DateValue
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%