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 54.75% is 33% above its 5-year average of 41.05%, around the middle of its 5-year range (34.43%–90.60%).
19.05% below its 12-month average of 67.63%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
54.75%
GROSS MARGIN AVG TTM
67.63%
GROSS MARGIN AVG 3Y
41.99%
GROSS MARGIN AVG 5Y
41.05%
GROSS MARGIN AVG 10Y
35.87%
GROSS MARGIN AVG 15Y
34.85%
GROSS MARGIN AVG 20Y
35.36%
CURRENT VS TTM AVG
-19.05%
CURRENT VS 3Y AVG
+30.39%
CURRENT VS 5Y AVG
+33.38%
CURRENT VS 10Y AVG
+52.63%
CURRENT VS 15Y AVG
+57.08%
CURRENT VS 20Y AVG
+54.82%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-6.53%
vs the sector median at left
Arthur J. Gallagher & Co.
Market Cap
$64.60B
Gross Margin
54.75%
TTM Avg
67.63%
3Y Avg
41.99%
5Y Avg
41.05%
Market Cap
$65.25B
Gross Margin
33.23%
TTM Avg
28.03%
3Y Avg
19.99%
5Y Avg
22.65%
Market Cap
$62.98B
Gross Margin
64.02%
TTM Avg
54.63%
3Y Avg
63.79%
5Y Avg
73.13%
Market Cap
$75.92B
Gross Margin
95.50%
TTM Avg
95.56%
3Y Avg
94.88%
5Y Avg
89.96%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arthur J. Gallagher & Co. (AJG) | $64.60B | 54.75% | 67.63% | 41.99% | 41.05% |
| The Allstate Corporation (ALL)vs › | $65.25B | 33.23% | 28.03% | 19.99% | 22.65% |
| Truist Financial Corporation (TFC)vs › | $62.98B | 64.02% | 54.63% | 63.79% | 73.13% |
| Aon plc (AON)vs › | $66.99B | 47.70% | 47.47% | 47.86% | 47.14% |
| MetLife, Inc. (MET)vs › | $61.45B | 36.36% | 31.77% | 29.23% | 27.71% |
| Aflac Incorporated (AFL)vs › | $58.61B | 38.93% | 37.28% | 68.64% | 79.09% |
| VanEck Semiconductor ETF (SMH)vs › | $72.31B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $74.25B | 44.03% | 45.39% | 42.27% | 41.02% |
| Apollo Global Management, Inc. (APO)vs › | $75.92B | 95.50% | 95.56% | 94.88% | 89.96% |
| Nasdaq, Inc. (NDAQ)vs › | $53.13B | 47.93% | 44.16% | 41.97% | 40.05% |
Gross Margin
54.8%
(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 | 80.91% |
| 2026-03-31 | 84.87% |
| 2025-12-31 | 39.11% |
| 2025-09-30 | 90.60% |
| 2025-06-30 | 42.68% |
| 2025-03-31 | 48.04% |
| 2024-12-31 | 41.44% |
| 2024-09-30 | 40.78% |
| 2024-06-30 | 40.21% |
| 2024-03-31 | 45.82% |
| 2023-12-31 | 39.82% |
| 2023-09-30 | 41.30% |
| 2023-06-30 | 40.70% |
| 2023-03-31 | 46.47% |
| 2022-12-31 | 40.14% |
| 2022-09-30 | 40.65% |
| 2022-06-30 | 41.39% |
| 2022-03-31 | 45.12% |
| 2021-12-31 | 35.05% |
| 2021-09-30 | 34.43% |
| 2021-06-30 | 35.71% |
| 2021-03-31 | 39.05% |
| 2020-12-31 | 33.63% |
| 2020-09-30 | 33.13% |
| 2020-06-30 | 36.25% |
| 2020-03-31 | 40.04% |
| 2019-12-31 | 31.16% |
| 2019-09-30 | 30.25% |
| 2019-06-30 | 31.68% |
| 2019-03-31 | 35.21% |
| 2018-12-31 | 25.88% |
| 2018-09-30 | 26.22% |
| 2018-06-30 | 27.35% |
| 2018-03-31 | 32.32% |
| 2017-12-31 | 27.49% |
| 2017-09-30 | 26.86% |
| 2017-06-30 | 26.20% |
| 2017-03-31 | 32.47% |
| 2016-12-31 | 28.61% |
| 2016-09-30 | 27.39% |
| 2016-06-30 | 33.01% |
| 2016-03-31 | 28.75% |
| 2015-12-31 | 28.82% |
| 2015-09-30 | 29.63% |
| 2015-06-30 | 32.78% |
| 2015-03-31 | 28.17% |
| 2014-12-31 | 27.90% |
| 2014-09-30 | 30.77% |
| 2014-06-30 | 32.12% |
| 2014-03-31 | 30.35% |
| 2013-12-31 | 29.36% |
| 2013-09-30 | 33.07% |
| 2013-06-30 | 36.87% |
| 2013-03-31 | 34.43% |
| 2012-12-31 | 33.42% |
| 2012-09-30 | 38.25% |
| 2012-06-30 | 39.51% |
| 2012-03-31 | 33.78% |
| 2011-12-31 | 33.61% |
| 2011-09-30 | 38.54% |
| 2011-06-30 | 38.38% |
| 2011-03-31 | 34.04% |
| 2010-12-31 | -88.22% |
| 2010-09-30 | 39.44% |
| 2010-06-30 | 39.98% |
| 2010-03-31 | 32.38% |
| 2009-12-31 | 79.82% |
| 2009-09-30 | 80.96% |
| 2009-06-30 | 82.56% |
| 2009-03-31 | 80.33% |
| 2008-12-31 | 68.78% |
| 2008-09-30 | 76.67% |
| 2008-06-30 | 80.14% |
| 2008-03-31 | 76.61% |
| 2007-12-31 | 52.84% |
| 2007-09-30 | 79.06% |
| 2007-06-30 | 79.56% |
| 2007-03-31 | 42.96% |
| 2006-12-31 | 77.96% |
| 2006-09-30 | 80.79% |
| 2006-06-30 | 79.36% |
| 2006-03-31 | 77.53% |
| 2005-12-31 | 72.61% |
| 2005-09-30 | 80.58% |
| 2005-06-30 | 80.03% |
| 2005-03-31 | 79.96% |
| 2004-12-31 | 81.31% |
| 2004-09-30 | 81.40% |
| 2004-06-30 | 82.18% |
| 2004-03-31 | 80.59% |
| 2003-12-31 | 80.25% |
| 2003-09-30 | 81.36% |
| 2003-06-30 | 78.76% |
| 2003-03-31 | 75.20% |
| 2002-12-31 | 71.81% |
| 2002-09-30 | 77.82% |