MZDAY (Mazda Motor) Gross Margin %: 20.53% (As of Mar. 2026) — Near Median


MZDAY Mazda Motor Corp MZDAY
83 GF Score
Price $3.28
GF Value $3.70
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Mazda Motor Gross Margin %?

Mazda Motor MZDAY +1.17% 83 Gross Margin % is 20.53% as of Mar. 2026, which is 5% below its 10-year median of 21.65. GuruFocus rates MZDAY with a GF Score™ of 83/100 and a GF Value™ of $3.70 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Mazda Motor ranks worse than 57.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mazda Motor's Gross Profit for the three months ended in Mar. 2026 was $1,833 Mil. Mazda Motor's Revenue for the three months ended in Mar. 2026 was $8,928 Mil. Therefore, Mazda Motor's Gross Margin % for the quarter that ended in Mar. 2026 was 20.53%.

Warning Sign:

Mazda Motor Corp gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


The historical rank and industry rank for Mazda Motor's Gross Margin % or its related term are showing as below:

MZDAY' s Gross Margin % Range Over the Past 10 Years
Min: 18.02   Med: 21.65   Max: 23.84
Current: 18.02


During the past 13 years, the highest Gross Margin % of Mazda Motor was 23.84%. The lowest was 18.02%. And the median was 21.65%.

MZDAY's Gross Margin % is ranked worse than
57.5% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs MZDAY: 18.02

Mazda Motor had a gross margin of 20.53% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mazda Motor was -2.50% per year.


Mazda Motor  (OTCPK:MZDAY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mazda Motor had a gross margin of 20.53% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Mazda Motor Gross Margin % Related Terms


Mazda Motor Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mazda Motor's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mazda Motor Gross Margin % Chart

Mazda Motor Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.04 20.95 21.52 21.48 18.02

Mazda Motor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.37 15.30 15.83 19.55 20.53

MZDAY vs TSLA, GM, F: Gross Margin % Comparison

For the Auto Manufacturers subindustry, Mazda Motor's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mazda Motor Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mazda Motor's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mazda Motor's Gross Margin % falls into.


MZDAY
83GF Score
Mazda Motor Corp MZDAY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mazda Motor Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Mazda Motor's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=5586 / 30993.75
=(Revenue - Cost of Goods Sold) / Revenue
=(30993.75 - 25407.766) / 30993.75
=18.02 %

Mazda Motor's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1833.3 / 8927.709
=(Revenue - Cost of Goods Sold) / Revenue
=(8927.709 - 7094.409) / 8927.709
=20.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 20.53% mean?
Mazda Motor (MZDAY) has a Gross Margin % of 20.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mazda Motor and its competitors. This is near median its historical median of 21.65. Over the past decade, Mazda Motor's Gross Margin % has ranged from 18.02 to 23.84. According to the industry distribution chart, Mazda Motor ranks #755 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 57.5%.
Is Mazda Motor's Gross Margin % too high?
Mazda Motor's current Gross Margin % of 20.53% is near median its 10-year median of 21.65. Over the past 10 years, this metric has ranged from a low of 18.02 to a high of 23.84. The Vehicles & Parts industry median Gross Margin % is 19.84. Mazda Motor's value of 20.53% is 3.5% above this industry median. Based on the distribution chart, Mazda Motor ranks #755 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mazda Motor has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazda Motor's Gross Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mazda Motor ranks #755 out of 1313 companies for Gross Margin %. This places Mazda Motor in the lower half of its industry. The industry median Gross Margin % is 19.84. Mazda Motor's value of 20.53% is 3.5% above this benchmark. Historically, Mazda Motor's own Gross Margin % has ranged from 18.02 to 23.84 over the past decade. While the company's 10-year median is 21.65 vs. the industry median of 19.84, Mazda Motor has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mazda Motor's current Gross Margin % of 20.53% is 3.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Mazda Motor and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazda Motor's current Gross Margin % is 20.53%, which is near median its own 10-year median of 21.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazda Motor stock overvalued right now?
Based on GuruFocus' analysis, Mazda Motor (MZDAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.70, compared to a current price of $3.28 — trading 11.4% below its estimated fair value. The current Gross Margin % is 20.53%, which is near median its 10-year median of 21.65 and 3.5% above the Vehicles & Parts industry median of 19.84. Mazda Motor's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Mazda Motor (MZDAY), the current Gross Margin % is 20.53% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mazda Motor (MZDAY) Overvalued in 2026?

Based on GuruFocus' analysis, Mazda Motor stock appears to be undervalued. The current stock price of $3.28 is trading 11.4% below its estimated GF Value™ of $3.70. GuruFocus considers Mazda Motor to be Modestly Undervalued.

Key valuation signals for MZDAY:

  • Gross Margin %: 20.53% (near median its 10-year median of 21.65)
  • GF Value™: $3.70 vs. price of $3.28 (11.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 3.5% above the Vehicles & Parts median (#755 of 1313)

No single metric tells the full story. See the MZDAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mazda Motor Business Description

Address 3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company mainly manufactures passenger cars and commercial vehicles. It also manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of the companys production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets.
83GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.28
Price
$3.70
GF Value