Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 38.93% is 46% below its 5-year average of 71.94%, near the low end of its 5-year range (14.19%–100.00%).
20.24% below its 12-month average of 48.81%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 54.64%.
GROSS MARGIN
38.93%
GROSS MARGIN AVG TTM
48.81%
GROSS MARGIN AVG 3Y
47.59%
GROSS MARGIN AVG 5Y
71.94%
GROSS MARGIN AVG 10Y
100.00%
GROSS MARGIN AVG 15Y
100.00%
GROSS MARGIN AVG 20Y
100.00%
CURRENT VS TTM AVG
-20.24%
CURRENT VS 3Y AVG
-18.20%
CURRENT VS 5Y AVG
-45.88%
CURRENT VS 10Y AVG
-61.07%
CURRENT VS 15Y AVG
-61.07%
CURRENT VS 20Y AVG
-61.07%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-33.54%
vs the sector median at left
Aflac Incorporated
Market Cap
$58.26B
Gross Margin
38.93%
TTM Avg
48.81%
3Y Avg
47.59%
5Y Avg
71.94%
Market Cap
$62.51B
Gross Margin
54.75%
TTM Avg
48.48%
3Y Avg
45.30%
5Y Avg
42.21%
Market Cap
$62.71B
Gross Margin
64.02%
TTM Avg
54.63%
3Y Avg
63.79%
5Y Avg
73.13%
Market Cap
$52.95B
Gross Margin
65.27%
TTM Avg
59.91%
3Y Avg
68.29%
5Y Avg
78.26%
Market Cap
$64.82B
Gross Margin
33.23%
TTM Avg
28.03%
3Y Avg
19.99%
5Y Avg
22.65%
Market Cap
$49.76B
Gross Margin
50.24%
TTM Avg
50.63%
3Y Avg
51.66%
5Y Avg
52.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aflac Incorporated (AFL) | $58.26B | 38.93% | 48.81% | 47.59% | 71.94% |
| MetLife, Inc. (MET)vs › | $62.27B | 36.36% | 31.77% | 29.23% | 27.71% |
| Arthur J. Gallagher & Co. (AJG)vs › | $62.51B | 54.75% | 48.48% | 45.30% | 42.21% |
| Truist Financial Corporation (TFC)vs › | $62.71B | 64.02% | 54.63% | 63.79% | 73.13% |
| State Street Corporation (STT)vs › | $52.95B | 65.27% | 59.91% | 68.29% | 78.26% |
| The Allstate Corporation (ALL)vs › | $64.82B | 33.23% | 28.03% | 19.99% | 22.65% |
| Nasdaq, Inc. (NDAQ)vs › | $51.43B | 47.93% | 44.16% | 41.97% | 40.05% |
| Aon plc (AON)vs › | $65.29B | 47.70% | 47.47% | 47.86% | 47.14% |
| Ameriprise Financial, Inc. (AMP)vs › | $49.76B | 50.24% | 50.63% | 51.66% | 52.05% |
| Fifth Third Bancorp (FITB)vs › | $49.33B | 68.50% | 62.23% | 67.88% | 74.53% |
Gross Margin
38.9%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 54.64% |
| 2026-03-31 | 57.54% |
| 2025-12-31 | 59.91% |
| 2025-09-30 | 43.90% |
| 2025-06-30 | 28.05% |
| 2025-03-31 | 14.19% |
| 2024-12-31 | 45.96% |
| 2024-09-30 | 15.78% |
| 2024-06-30 | 45.26% |
| 2024-03-31 | 45.48% |
| 2023-12-31 | 100.00% |
| 2023-09-30 | 100.00% |
| 2023-06-30 | 100.00% |
| 2023-03-31 | 100.00% |
| 2022-12-31 | 100.00% |
| 2022-09-30 | 100.00% |
| 2022-06-30 | 100.00% |
| 2022-03-31 | 100.00% |
| 2021-12-31 | 100.00% |
| 2021-09-30 | 100.00% |
| 2021-06-30 | 100.00% |
| 2021-03-31 | 100.00% |
| 2020-12-31 | 100.00% |
| 2020-09-30 | 100.00% |
| 2020-06-30 | 100.00% |
| 2020-03-31 | 100.00% |
| 2019-12-31 | 100.00% |
| 2019-09-30 | 100.00% |
| 2019-06-30 | 100.00% |
| 2019-03-31 | 100.00% |
| 2018-12-31 | 100.00% |
| 2018-09-30 | 100.00% |
| 2018-06-30 | 100.00% |
| 2018-03-31 | 100.00% |
| 2017-12-31 | 100.00% |
| 2017-09-30 | 100.00% |
| 2017-06-30 | 100.00% |
| 2017-03-31 | 100.00% |
| 2016-12-31 | 100.00% |
| 2016-09-30 | 100.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 100.00% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
