Top Consumer Cyclical Stocks by Gross Margin
Top consumer cyclical companies ranked by gross margin, latest annual filings.
What Gross Margin Means for Consumer Cyclical Companies
Gross margin inside consumer cyclical reflects what remains after merchandise, fabric, leather, auto components, or housing materials are paid for, along with inbound freight and direct fulfillment. The category is wide: luxury apparel, restaurants, specialty retail, homebuilders, and auto manufacturers all sit here and show very different cost structures. Premium brands tend to sustain richer gross margins, while volume-driven retailers and hard-goods manufacturers work on considerably thinner unit economics.
Why It Matters in Consumer Cyclical
Gross margin in this sector is closely tied to brand durability and inventory discipline. A strong brand can resist discounting and protect the margin through downturns, while a weak one relies on promotion and markdowns that eat directly into gross profit. It is worth noting that discount cycles, freight costs, and foreign-exchange moves on imported goods can swing reported gross margin quarter to quarter in ways that say more about the environment than the underlying business.
What to Read Alongside
Pair gross margin with Revenue to calibrate the figure against same-store or unit growth, Operating Margin to see how store-level or plant-level overhead absorbs the margin, and Net Margin for the final bottom-line conversion.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | ABNB | Airbnb, Inc. | Consumer Cyclical | 82.96% | $111.63B |
| 2 | TCOM | Trip.com Group Limited | Consumer Cyclical | 80.58% | $27.94B |
| 3 | TPR | Tapestry, Inc. | Consumer Cyclical | 77.82% | $26.10B |
| 4 | MMYT | MakeMyTrip Limited | Consumer Cyclical | 73.77% | $4.81B |
| 5 | CART | Maplebear Inc. | Consumer Cyclical | 73.70% | $13.75B |
| 6 | ETSY | Etsy, Inc. | Consumer Cyclical | 71.64% | $7.75B |
| 7 | EBAY | eBay Inc. | Consumer Cyclical | 71.45% | $53.54B |
| 8 | RL | Ralph Lauren Corporation | Consumer Cyclical | 69.87% | $22.26B |
| 9 | GOOS | Canada Goose Holdings Inc. | Consumer Cyclical | 69.72% | $830.21M |
| 10 | ZGN | Ermenegildo Zegna N.V. | Consumer Cyclical | 67.51% | $3.78B |
| 11 | ONON | On Holding AG | Consumer Cyclical | 62.83% | $12.49B |
| 12 | CPRI | Capri Holdings Limited | Consumer Cyclical | 62.26% | $2.12B |
| 13 | LEVI | Levi Strauss & Co. | Consumer Cyclical | 61.73% | $8.77B |
| 14 | ANF | Abercrombie & Fitch Co. | Consumer Cyclical | 61.47% | $6.34B |
| 15 | OXM | Oxford Industries, Inc. | Consumer Cyclical | 60.75% | $439.61M |
| 16 | BIRK | Birkenstock Holding plc | Consumer Cyclical | 59.11% | $6.16B |
| 17 | EYE | National Vision Holdings, Inc. | Consumer Cyclical | 58.77% | $1.42B |
| 18 | CROX | Crocs, Inc. | Consumer Cyclical | 58.33% | $6.94B |
| 19 | DECK | Deckers Outdoor Corporation | Consumer Cyclical | 57.70% | $11.57B |
| 20 | AS | Amer Sports, Inc. | Consumer Cyclical | 57.63% | $18.31B |
| 21 | PVH | PVH Corp. | Consumer Cyclical | 57.52% | $4.15B |
| 22 | YETI | YETI Holdings, Inc. | Consumer Cyclical | 57.41% | $3.28B |
| 23 | LULU | lululemon athletica inc. | Consumer Cyclical | 56.60% | $12.83B |
| 24 | PDD | PDD Holdings Inc. | Consumer Cyclical | 56.28% | $118.18B |
| 25 | FOSL | Fossil Group, Inc. | Consumer Cyclical | 56.07% | $461.87M |
| 26 | LE | Lands' End, Inc. | Consumer Cyclical | 55.92% | $275.65M |
| 27 | SVV | Savers Value Village, Inc. | Consumer Cyclical | 55.28% | $1.51B |
| 28 | VFC | V.F. Corporation | Consumer Cyclical | 54.78% | $8.01B |
| 29 | RVLV | Revolve Group, Inc. | Consumer Cyclical | 53.50% | $1.32B |
| 30 | ROL | Rollins, Inc. | Consumer Cyclical | 52.75% | $18.26B |
| 31 | PTON | Peloton Interactive, Inc. | Consumer Cyclical | 52.60% | $2.50B |
| 32 | AZO | AutoZone, Inc. | Consumer Cyclical | 52.34% | $51.77B |
| 33 | RACE | Ferrari N.V. | Consumer Cyclical | 51.68% | $72.92B |
| 34 | SBH | Sally Beauty Holdings, Inc. | Consumer Cyclical | 51.62% | $1.71B |
| 35 | ORLY | O'Reilly Automotive, Inc. | Consumer Cyclical | 51.59% | $72.33B |
| 36 | DASH | DoorDash, Inc. | Consumer Cyclical | 50.88% | $78.33B |
| 37 | COLM | Columbia Sportswear Company | Consumer Cyclical | 50.53% | $3.55B |
| 38 | AMZN | Amazon.com, Inc. | Consumer Cyclical | 50.29% | $2.80T |
| 39 | RCL | Royal Caribbean Cruises Ltd. | Consumer Cyclical | 49.36% | $87.51B |
| 40 | SN | SharkNinja, Inc. | Consumer Cyclical | 49.01% | $31.42B |
| 41 | BKE | The Buckle, Inc. | Consumer Cyclical | 48.99% | $2.16B |
| 42 | MAT | Mattel, Inc. | Consumer Cyclical | 48.73% | $4.39B |
| 43 | ALSN | Allison Transmission Holdings, Inc. | Consumer Cyclical | 48.60% | $9.60B |
| 44 | GOLF | Acushnet Holdings Corp. | Consumer Cyclical | 47.73% | $4.62B |
| 45 | LTH | Life Time Group Holdings, Inc. | Consumer Cyclical | 47.63% | $10.58B |
| 46 | WWW | Wolverine World Wide, Inc. | Consumer Cyclical | 47.31% | $1.75B |
| 47 | LUXE | LuxExperience B.V. | Consumer Cyclical | 46.37% | $1.42B |
| 48 | GCO | Genesco Inc. | Consumer Cyclical | 46.26% | $390.28M |
| 49 | OPLN | OPENLANE, Inc. | Consumer Cyclical | 46.15% | $4.17B |
| 50 | WSM | Williams-Sonoma, Inc. | Consumer Cyclical | 46.15% | $29.92B |
| 51 | UA | Under Armour, Inc. | Consumer Cyclical | 45.48% | $2.19B |
| 52 | CRI | Carter's, Inc. | Consumer Cyclical | 45.36% | $1.17B |
| 53 | FLUT | Flutter Entertainment plc | Consumer Cyclical | 45.19% | $14.18B |
| 54 | KTB | Kontoor Brands, Inc. | Consumer Cyclical | 45.15% | $4.21B |
| 55 | MNSO | MINISO Group Holding Limited | Consumer Cyclical | 44.99% | $3.22B |
| 56 | SE | Sea Limited | Consumer Cyclical | 44.66% | $46.38B |
| 57 | MELI | MercadoLibre, Inc. | Consumer Cyclical | 44.50% | $76.55B |
| 58 | RH | RH | Consumer Cyclical | 44.07% | $2.48B |
| 59 | LZB | La-Z-Boy Incorporated | Consumer Cyclical | 44.04% | $1.27B |
| 60 | BBWI | Bath & Body Works, Inc. | Consumer Cyclical | 43.74% | $4.31B |
| 61 | SFIX | Stitch Fix, Inc. | Consumer Cyclical | 43.65% | $366.07M |
| 62 | FND | Floor & Decor Holdings, Inc. | Consumer Cyclical | 43.64% | $5.34B |
| 63 | PTRN | Pattern Group Inc. | Consumer Cyclical | 43.59% | $3.23B |
| 64 | DBI | Designer Brands Inc. | Consumer Cyclical | 43.57% | $328.72M |
| 65 | AAP | Advance Auto Parts, Inc. | Consumer Cyclical | 43.40% | $2.75B |
| 66 | VIK | Viking Holdings Ltd | Consumer Cyclical | 43.34% | $39.07B |
| 67 | CAL | Caleres, Inc. | Consumer Cyclical | 42.96% | $437.87M |
| 68 | NCLH | Norwegian Cruise Line Holdings Ltd. | Consumer Cyclical | 42.62% | $8.23B |
| 69 | SGI | Somnigroup International Inc. | Consumer Cyclical | 42.58% | $14.77B |
| 70 | DORM | Dorman Products, Inc. | Consumer Cyclical | 42.14% | $4.03B |
| 71 | CALY | Callaway Golf Company | Consumer Cyclical | 42.11% | $3.00B |
| 72 | HNI | HNI Corporation | Consumer Cyclical | 41.43% | $3.42B |
| 73 | SHOO | Steven Madden, Ltd. | Consumer Cyclical | 41.41% | $2.89B |
| 74 | DKNG | DraftKings Inc. | Consumer Cyclical | 41.25% | $9.19B |
| 75 | GAP | The Gap, Inc. | Consumer Cyclical | 40.79% | $7.55B |
| 76 | KSS | Kohl's Corporation | Consumer Cyclical | 40.57% | $2.61B |
| 77 | M | Macy's, Inc. | Consumer Cyclical | 40.33% | $6.03B |
| 78 | DPZ | Domino's Pizza, Inc. | Consumer Cyclical | 39.95% | $11.00B |
| 79 | BABA | Alibaba Group Holding Limited | Consumer Cyclical | 39.81% | $272.18B |
| 80 | SIG | Signet Jewelers Limited | Consumer Cyclical | 39.55% | $4.49B |
| 81 | GIII | G-III Apparel Group, Ltd. | Consumer Cyclical | 39.37% | $1.35B |
| 82 | ULTA | Ulta Beauty, Inc. | Consumer Cyclical | 39.10% | $27.57B |
| 83 | ARHS | Arhaus, Inc. | Consumer Cyclical | 38.89% | $2.01B |
| 84 | MLKN | MillerKnoll, Inc. | Consumer Cyclical | 38.75% | $1.48B |
| 85 | TILE | Interface, Inc. | Consumer Cyclical | 38.75% | $1.78B |
| 86 | HOG | Harley-Davidson, Inc. | Consumer Cyclical | 38.71% | $3.30B |
| 87 | WOOF | Petco Health and Wellness Company, Inc. | Consumer Cyclical | 38.67% | $847.80M |
| 88 | LKQ | LKQ Corporation | Consumer Cyclical | 38.57% | $5.06B |
| 89 | VVV | Valvoline Inc. | Consumer Cyclical | 38.50% | $4.44B |
| 90 | BOOT | Boot Barn Holdings, Inc. | Consumer Cyclical | 38.08% | $3.92B |
| 91 | FLWS | 1-800-FLOWERS.COM, Inc. | Consumer Cyclical | 38.00% | $165.28M |
| 92 | ALH | Alliance Laundry Holdings Inc. | Consumer Cyclical | 37.57% | $4.49B |
| 93 | SHOE | Shoe Station Group Inc. | Consumer Cyclical | 36.57% | $395.25M |
| 94 | AEO | American Eagle Outfitters, Inc. | Consumer Cyclical | 36.51% | $3.34B |
| 95 | TSCO | Tractor Supply Company | Consumer Cyclical | 36.42% | $18.85B |
| 96 | VSXY | Victorias Secret & Co. | Consumer Cyclical | 36.38% | $8.62B |
| 97 | FIVE | Five Below, Inc. | Consumer Cyclical | 35.99% | $13.23B |
| 98 | URBN | Urban Outfitters, Inc. | Consumer Cyclical | 35.97% | $7.26B |
| 99 | MNRO | Monro, Inc. | Consumer Cyclical | 35.02% | $343.03M |
| 100 | CURV | Torrid Holdings Inc. | Consumer Cyclical | 34.79% | $216.39M |
No companies match this search.
How this ranking is built
Companies are ranked by gross margin as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $1 billion in annual revenue or above, so a small filer with a freak ratio cannot top the list.
- Value range: Only figures above 0% and up to 100% qualify.
- Narrow cost lines: A company whose cost line holds only part of its direct costs, such as a utility counting only the energy it buys, is left out, because revenue less that line is not a gross margin. Its financials page shows the figure under its own name.
- Cost-classification check: A company whose gross margin runs more than 70 points above its operating margin is left out, because at that gap the split between cost of sales and operating cost is a reporting convention rather than a margin. A company with no usable operating margin, usually because it reports no operating income, is left out too, since the gap cannot be checked.
- Market cap: stated at each company's latest close, which is newer than the annual figure ranked here.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.
Frequently asked questions
Why do luxury and premium brands show such different gross margins from mass-market peers?
Premium positioning allows a brand to price well above the direct cost of goods, and customers accept those prices because of perceived exclusivity, craftsmanship, or design. The same leather handbag or watch movement could cost a fraction of its retail price to produce, and the difference flows through as gross profit. Mass-market retailers, by contrast, compete largely on price and assortment, which compresses the spread between landed cost and shelf price and forces the business to earn its return on volume rather than margin.
How do markdowns and discounting affect gross margin?
Every markdown is essentially a reduction in realized revenue against the same inventory cost, which directly compresses gross margin. Consumer cyclical retailers manage this through inventory planning, seasonal depth, and full-price sales discipline. A gross margin decline concurrent with rising discounts usually signals weakening demand or merchandising missteps. Conversely, a firm that holds price through a soft quarter often preserves gross margin and protects brand positioning, though it may trade unit volume for that discipline.