Wing Yip Food Holdings (WYHG) Gross Margin (2023 - 2025)
Wing Yip Food Holdings (WYHG) posted Gross Margin of 24.33% for Q3 2025, down 15.28% sequentially from 28.72% in Q2 2025, and down 174.0% YoY from 32.88% in Q3 2024.
Wing Yip Food Holdings (WYHG) Gross Margin (2023 - 2025) Analysis & Trends
Wing Yip Food Holdings has reported Gross Margin for 3 years, with the latest figure at 24.33% 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 declined to 24.33% in Q3 2025 per WYHG's latest filing, from 28.72% in the prior quarter.
- Over five years, Gross Margin peaked at 38.17% in Q1 2024 and troughed at 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 widest YoY moves for Gross Margin: up 174 bps in 2025, down 593 bps in 2025.
- Over 3 years, Gross Margin stood at 34.45% in 2023, then decreased by 17 bps to 28.62% in 2024, then retreated 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 | 30.37 Bn | 27.69 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 10.79% |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 38.01% |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 17.44% |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 12.92% |
| 10 | Wing Yip Food Holdings | 66.19 Mn | -48.49 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% |