Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 114.63% is 115% above its 5-year average of 53.39%, near the high end of its 5-year range (32.09%–114.63%).
As of the fiscal period ended Tuesday, June 30, 2026. 53.86% above its 12-month average of 74.50%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
114.63%
GROSS MARGIN AVG TTM
74.50%
GROSS MARGIN AVG 3Y
46.55%
GROSS MARGIN AVG 5Y
46.41%
GROSS MARGIN AVG 10Y
44.70%
GROSS MARGIN AVG 15Y
43.72%
GROSS MARGIN AVG 20Y
61.83%
CURRENT VS TTM AVG
+53.86%
CURRENT VS 3Y AVG
+146.23%
CURRENT VS 5Y AVG
+147.01%
CURRENT VS 10Y AVG
+156.45%
CURRENT VS 15Y AVG
+162.20%
CURRENT VS 20Y AVG
+85.38%
SECTOR MEDIAN · FINANCIAL SERVICES
56.08%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+104.40%
vs the sector median at left
Market Cap
$77.28B
Gross Margin
71.84%
TTM Avg
70.61%
3Y Avg
74.03%
5Y Avg
78.48%
Market Cap
$77.82B
Gross Margin
83.34%
TTM Avg
81.39%
3Y Avg
77.91%
5Y Avg
76.48%
Market Cap
$78.08B
Gross Margin
34.73%
TTM Avg
28.04%
3Y Avg
25.19%
5Y Avg
25.54%
Market Cap
$72.40B
Gross Margin
89.33%
TTM Avg
92.05%
3Y Avg
93.13%
5Y Avg
88.79%
Market Cap
$82.86B
Gross Margin
71.94%
TTM Avg
67.28%
3Y Avg
66.04%
5Y Avg
67.02%
Market Cap
$67.98B
Gross Margin
39.83%
TTM Avg
28.03%
3Y Avg
19.99%
5Y Avg
22.65%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $76.48B | 114.63% | 74.50% | 46.55% | 46.41% |
| Brookfield Asset Management Ltd. (BAM)vs › | $77.28B | 71.84% | 70.61% | 74.03% | 78.48% |
| Robinhood Markets, Inc. (HOOD)vs › | $77.82B | 83.34% | 81.39% | 77.91% | 76.48% |
| The Travelers Companies, Inc. (TRV)vs › | $78.08B | 34.73% | 28.04% | 25.19% | 25.54% |
| iShares Russell 2000 ETF (IWM)vs › | $80.15B | N/A | N/A | N/A | N/A |
| Apollo Global Management, Inc. (APO)vs › | $72.40B | 89.33% | 92.05% | 93.13% | 88.79% |
| Moody's Corporation (MCO)vs › | $82.86B | 71.94% | 67.28% | 66.04% | 67.02% |
| Nu Holdings Ltd. (NU)vs › | $69.40B | 43.74% | 45.39% | 42.27% | 41.02% |
| The Allstate Corporation (ALL)vs › | $67.98B | 39.83% | 28.03% | 19.99% | 22.65% |
| Intercontinental Exchange, Inc. (ICE)vs › | $85.60B | 61.88% | 58.67% | 57.11% | 55.89% |
Gross Margin
114.6%
(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 | 114.63% |
| 2026-03-31 | 87.66% |
| 2025-12-31 | 83.53% |
| 2025-09-30 | 43.48% |
| 2025-06-30 | 43.20% |
| 2025-03-31 | 52.44% |
| 2024-12-31 | 48.88% |
| 2024-09-30 | 42.22% |
| 2024-06-30 | 43.35% |
| 2024-03-31 | 53.73% |
| 2023-12-31 | 50.49% |
| 2023-09-30 | 42.94% |
| 2023-06-30 | 44.79% |
| 2023-03-31 | 53.71% |
| 2022-12-31 | 50.83% |
| 2022-09-30 | 43.18% |
| 2022-06-30 | 45.06% |
| 2022-03-31 | 51.85% |
| 2021-12-31 | 49.48% |
| 2021-09-30 | 32.09% |
| 2021-06-30 | 43.59% |
| 2021-03-31 | 51.23% |
| 2020-12-31 | 44.86% |
| 2020-09-30 | 41.84% |
| 2020-06-30 | 45.49% |
| 2020-03-31 | 52.72% |
| 2019-12-31 | 44.51% |
| 2019-09-30 | 42.50% |
| 2019-06-30 | 42.40% |
| 2019-03-31 | 49.60% |
| 2018-12-31 | 42.20% |
| 2018-09-30 | 40.74% |
| 2018-06-30 | 41.66% |
| 2018-03-31 | 47.70% |
| 2017-12-31 | 39.77% |
| 2017-09-30 | 38.97% |
| 2017-06-30 | 38.09% |
| 2017-03-31 | 38.30% |
| 2016-12-31 | 40.84% |
| 2016-09-30 | 40.94% |
| 2016-06-30 | 38.83% |
| 2016-03-31 | 40.91% |
| 2015-12-31 | 43.52% |
| 2015-09-30 | 40.04% |
| 2015-06-30 | 41.07% |
| 2015-03-31 | 40.89% |
| 2014-12-31 | 43.98% |
| 2014-09-30 | 40.73% |
| 2014-06-30 | 41.49% |
| 2014-03-31 | 40.58% |
| 2013-12-31 | 42.60% |
| 2013-09-30 | 40.37% |
| 2013-06-30 | 40.90% |
| 2013-03-31 | 40.82% |
| 2012-12-31 | -115.38% |
| 2012-09-30 | 40.81% |
| 2012-06-30 | 41.90% |
| 2012-03-31 | 41.53% |
| 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% |
