Top Consumer Defensive Stocks by Gross Margin
Top consumer defensive companies ranked by gross margin, latest annual filings.
What Gross Margin Means for Consumer Defensive Companies
Gross margin in consumer defensive captures what is left after commodity inputs, packaging, bottling, and direct manufacturing labor are paid. The sector covers staples such as food, beverages, household goods, tobacco, and grocery retail, where demand is relatively stable across cycles but input costs, especially agricultural commodities and packaging resin, move with their own rhythms. Premium and branded staples tend to earn meaningfully richer gross margins than private-label or bulk-retail peers.
Why It Matters in Consumer Defensive
In staples, gross margin is often the clearest read on brand-supported pricing power against a largely inelastic demand curve. A leading brand can push through input-cost inflation with price increases that private-label competitors struggle to match. Still, commodity swings and private-label pressure can compress the margin meaningfully in specific periods, and grocery retailers structurally run much thinner gross margins than the consumer goods makers whose products they stock.
What to Read Alongside
Pair gross margin with Revenue to anchor the volume base the margin applies to, Operating Margin for a view that includes the heavy marketing spend that drives brand strength in staples, and Net Margin for the final bottom-line conversion.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | MH | McGraw Hill, Inc. | Consumer Defensive | 80.92% | $2.21B |
| 2 | HLF | Herbalife Ltd. | Consumer Defensive | 77.87% | $1.21B |
| 3 | ELF | e.l.f. Beauty, Inc. | Consumer Defensive | 70.72% | $5.44B |
| 4 | NUS | NuSkin Enterprises, Inc. | Consumer Defensive | 69.45% | $0.25B |
| 5 | PM | Philip Morris International Inc. | Consumer Defensive | 67.12% | $293.10B |
| 6 | COTY | Coty Inc. | Consumer Defensive | 64.84% | $2.39B |
| 7 | IPAR | Interparfums, Inc. | Consumer Defensive | 63.64% | $3.81B |
| 8 | MO | Altria Group, Inc. | Consumer Defensive | 62.47% | $113.13B |
| 9 | KO | Coca-Cola Company | Consumer Defensive | 61.63% | $373.68B |
| 10 | CL | Colgate-Palmolive Company | Consumer Defensive | 60.11% | $74.14B |
| 11 | KVUE | Kenvue Inc. | Consumer Defensive | 58.13% | $36.83B |
| 12 | CVSA | Covista Inc. | Consumer Defensive | 57.34% | $4.23B |
| 13 | ATGE | Adtalem Global Education Inc | Consumer Defensive | 56.86% | $3.40B |
| 14 | MNST | Monster Beverage Corporation | Consumer Defensive | 55.85% | $92.09B |
| 15 | EDU | New Oriental Education and Technology Group, Inc. American | Consumer Defensive | 55.45% | $9.04B |
| 16 | TAL | TAL Education Group | Consumer Defensive | 55.35% | $6.91B |
| 17 | KDP | Keurig Dr Pepper Inc. | Consumer Defensive | 54.20% | $41.33B |
| 18 | PEP | PepsiCo, Inc. | Consumer Defensive | 54.15% | $188.96B |
| 19 | STZ | Constellation Brands, Inc. | Consumer Defensive | 51.55% | $22.63B |
| 20 | CELH | Celsius Holdings, Inc. | Consumer Defensive | 50.39% | $6.08B |
| 21 | PG | Procter & Gamble Company | Consumer Defensive | 50.18% | $341.62B |
| 22 | FLO | Flowers Foods, Inc. | Consumer Defensive | 48.87% | $1.53B |
| 23 | SAM | The Boston Beer Company, Inc. | Consumer Defensive | 48.48% | $1.88B |
| 24 | CLX | Clorox Company | Consumer Defensive | 45.23% | $12.77B |
| 25 | CHD | Church & Dwight Co., Inc. | Consumer Defensive | 44.73% | $24.52B |
| 26 | EPC | Edgewell Personal Care Company | Consumer Defensive | 41.60% | $1.30B |
| 27 | FRPT | Freshpet, Inc. | Consumer Defensive | 40.80% | $3.21B |
| 28 | OLLI | Ollie's Bargain Outlet Holdings, Inc. | Consumer Defensive | 40.50% | $4.71B |
| 29 | COKE | Coca-Cola Consolidated, Inc. | Consumer Defensive | 39.74% | $12.53B |
| 30 | SFM | Sprouts Farmers Market, Inc. | Consumer Defensive | 38.80% | $8.13B |
| 31 | MKC | McCormick & Company, Incorporated | Consumer Defensive | 37.90% | $14.06B |
| 32 | LRN | Stride, Inc. | Consumer Defensive | 37.75% | $3.32B |
| 33 | FIZZ | National Beverage Corp. | Consumer Defensive | 37.04% | $2.99B |
| 34 | SPB | Spectrum Brands Holdings, Inc. | Consumer Defensive | 36.74% | $2.03B |
| 35 | DLTR | Dollar Tree, Inc. | Consumer Defensive | 36.32% | $24.92B |
| 36 | SMPL | The Simply Good Foods Company | Consumer Defensive | 36.24% | $0.99B |
| 37 | KMB | Kimberly-Clark Corporation | Consumer Defensive | 36.01% | $36.14B |
| 38 | K | Kellanova | Consumer Defensive | 35.65% | $29.03B |
| 39 | NWL | Newell Brands Inc. | Consumer Defensive | 33.76% | $2.56B |
| 40 | GIS | General Mills, Inc. | Consumer Defensive | 33.63% | $19.25B |
| 41 | HSY | The Hershey Company | Consumer Defensive | 33.55% | $36.77B |
| 42 | SJM | The J. M. Smucker Company | Consumer Defensive | 33.53% | $12.70B |
| 43 | KHC | The Kraft Heinz Company | Consumer Defensive | 33.31% | $29.60B |
| 44 | BRBR | BellRing Brands, Inc. | Consumer Defensive | 33.26% | $1.41B |
| 45 | TAP | Molson Coors Beverage Company | Consumer Defensive | 32.78% | $7.92B |
| 46 | CENT | Central Garden & Pet Company | Consumer Defensive | 31.87% | $2.91B |
| 47 | DG | Dollar General Corporation | Consumer Defensive | 30.66% | $28.11B |
| 48 | CPB | The Campbell's Company | Consumer Defensive | 30.42% | $6.73B |
| 49 | PRMB | Primo Brands Corporation | Consumer Defensive | 30.32% | $8.66B |
| 50 | GO | Grocery Outlet Holding Corp. | Consumer Defensive | 30.27% | $0.96B |
| 51 | NGVC | Natural Grocers by Vitamin Cottage, Inc. | Consumer Defensive | 29.90% | $0.75B |
| 52 | KLG | WK Kellogg Co | Consumer Defensive | 29.69% | $1.99B |
| 53 | JJSF | J&J Snack Foods Corp. | Consumer Defensive | 29.68% | $1.71B |
| 54 | POST | Post Holdings, Inc. | Consumer Defensive | 28.68% | $4.09B |
| 55 | VLGEA | Village Super Market, Inc. | Consumer Defensive | 28.57% | $0.64B |
| 56 | MDLZ | Mondelez International, Inc. | Consumer Defensive | 28.38% | $80.09B |
| 57 | LAUR | Laureate Education, Inc. | Consumer Defensive | 28.33% | $5.14B |
| 58 | TGT | Target Corporation | Consumer Defensive | 27.93% | $66.80B |
| 59 | ACI | Albertsons Companies, Inc. | Consumer Defensive | 27.18% | $5.86B |
| 60 | INGR | Ingredion Incorporated | Consumer Defensive | 25.32% | $6.49B |
| 61 | WMK | Weis Markets, Inc. | Consumer Defensive | 25.01% | $1.89B |
| 62 | WMT | Walmart Inc. | Consumer Defensive | 24.93% | $891.86B |
| 63 | UTZ | Utz Brands, Inc. | Consumer Defensive | 24.90% | $1.25B |
| 64 | CHEF | The Chefs' Warehouse, Inc. | Consumer Defensive | 24.20% | $4.45B |
| 65 | DAR | DARLING INGREDIENTS INC. | Consumer Defensive | 24.01% | $9.62B |
| 66 | CAG | Conagra Brands, Inc. | Consumer Defensive | 23.92% | $7.11B |
| 67 | IMKTA | Ingles Markets, Incorporated | Consumer Defensive | 23.89% | $1.65B |
| 68 | MZTI | The Marzetti Company | Consumer Defensive | 23.87% | $3.02B |
| 69 | KR | The Kroger Co. | Consumer Defensive | 23.30% | $35.12B |
| 70 | CALM | Cal-Maine Foods, Inc. | Consumer Defensive | 23.08% | $3.98B |
| 71 | KLC | KinderCare Learning Companies, Inc. | Consumer Defensive | 22.14% | $0.61B |
| 72 | BGS | B&G Foods, Inc. | Consumer Defensive | 21.81% | $0.28B |
| 73 | HAIN | The Hain Celestial Group, Inc. | Consumer Defensive | 21.42% | $0.05B |
| 74 | LW | Lamb Weston Holdings, Inc. | Consumer Defensive | 20.56% | $7.16B |
| 75 | BJ | BJ's Wholesale Club Holdings, Inc. | Consumer Defensive | 18.64% | $12.41B |
| 76 | SYY | Sysco Corporation | Consumer Defensive | 18.40% | $40.37B |
| 77 | JBSS | John B. Sanfilippo & Son, Inc. | Consumer Defensive | 18.38% | $0.98B |
| 78 | USFD | US Foods Holding Corp. | Consumer Defensive | 17.41% | $23.56B |
| 79 | PSMT | PriceSmart, Inc. | Consumer Defensive | 17.35% | $5.50B |
| 80 | HFFG | HF Foods Group Inc. | Consumer Defensive | 16.90% | $0.08B |
| 81 | UVV | Universal Corporation | Consumer Defensive | 16.38% | $1.27B |
| 82 | THS | Treehouse Foods Inc | Consumer Defensive | 16.35% | $1.23B |
| 83 | SPTN | SpartanNash Company | Consumer Defensive | 15.84% | $0.91B |
| 84 | HRL | Hormel Foods Corporation | Consumer Defensive | 15.63% | $13.81B |
| 85 | SFD | Smithfield Foods, Inc. | Consumer Defensive | 13.45% | $9.87B |
| 86 | UNFI | United Natural Foods, Inc. | Consumer Defensive | 13.28% | $2.90B |
| 87 | COST | Costco Wholesale Corporation | Consumer Defensive | 12.84% | $420.93B |
| 88 | PPC | Pilgrim's Pride Corporation | Consumer Defensive | 12.75% | $6.56B |
| 89 | WEST | Westrock Coffee Company | Consumer Defensive | 12.68% | $0.79B |
| 90 | PFGC | Performance Food Group Company | Consumer Defensive | 11.72% | $18.00B |
| 91 | AVO | Mission Produce, Inc. | Consumer Defensive | 11.55% | $1.11B |
| 92 | MAGN | Magnera Corporation | Consumer Defensive | 10.52% | $0.45B |
| 93 | DMC | Del Monte Corporation | Consumer Defensive | 9.23% | $1.41B |
| 94 | DOLE | Dole plc | Consumer Defensive | 7.79% | $1.31B |
| 95 | DIT | AMCON Distributing Co. | Consumer Defensive | 6.68% | $0.07B |
| 96 | TSN | Tyson Foods, Inc. | Consumer Defensive | 6.54% | $20.59B |
| 97 | ANDE | The Andersons, Inc. | Consumer Defensive | 6.48% | $2.31B |
| 98 | ADM | Archer Daniels Midland Company | Consumer Defensive | 6.27% | $37.36B |
| 99 | BG | Bunge Global SA | Consumer Defensive | 4.85% | $20.94B |
| 100 | CHSCL | CHS Inc. | Consumer Defensive | 3.21% | – |
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.
- 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.