111 (YI) Gross Margin (2017 - 2026)
111 (YI) posted Gross Margin of 5.73% for Q2 2026, unchanged from 5.73% a year earlier and up 0.42 percentage points from the prior quarter.
111 (YI) Gross Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at 111 was 5.71%, up 0.16 percentage points year-over-year; for FY2025, it was 5.61%, down 0.15 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +1.39 percentage points (FY2020 to FY2025).
- In prior years, 111's Gross Margin was 5.76% in FY2024 (+0.08 pp), 5.68% in FY2023 (-0.70 pp), 6.38% in FY2022 (+1.45 pp) and 4.94% in FY2021 (+0.72 pp).
- Quarterly Gross Margin has run from a low of 4.96% in Q3 2021 to a high of 6.46% in Q1 2022 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +0.05 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 2.00 percentage points; the weakest was Q3 2023, with a drop of 1.07 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 5.31% (Q1 2026), 5.85% (Q4 2025) and 5.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 44.52% |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 3.50% |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 26.65% |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 20.88% |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 4.02% |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 27.16% |
| 10 | 111 | 29.76 Mn | -82.35 Mn | 19.43 Mn | 5.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.73% |
| Mar 31, 2026 | 5.31% |
| Dec 31, 2025 | 5.85% |
| Sep 30, 2025 | 5.90% |
| Jun 30, 2025 | 5.73% |
| Mar 31, 2025 | 5.52% |
| Dec 31, 2024 | 5.26% |
| Sep 30, 2024 | 5.73% |
| Jun 30, 2024 | 6.09% |
| Mar 31, 2024 | 5.91% |
| Dec 31, 2023 | 5.21% |
| Sep 30, 2023 | 5.20% |
| Jun 30, 2023 | 5.98% |
| Mar 31, 2023 | 6.41% |
| Dec 31, 2022 | 6.11% |
| Sep 30, 2022 | 6.27% |
| Jun 30, 2022 | 6.42% |
| Mar 31, 2022 | 6.46% |
| Dec 31, 2021 | 5.91% |
| Sep 30, 2021 | 4.96% |
111 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=YI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "YI", "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=YI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();