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 67.04% is in line with its 5-year average of 70.80%, around the middle of its 5-year range (43.27%–87.01%).
3.15% above its 12-month average of 64.99%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 77.47%.
GROSS MARGIN
67.04%
GROSS MARGIN AVG TTM
64.99%
GROSS MARGIN AVG 3Y
71.64%
GROSS MARGIN AVG 5Y
70.80%
GROSS MARGIN AVG 10Y
76.24%
GROSS MARGIN AVG 15Y
75.13%
GROSS MARGIN AVG 20Y
74.91%
CURRENT VS TTM AVG
+3.15%
CURRENT VS 3Y AVG
-6.42%
CURRENT VS 5Y AVG
-5.31%
CURRENT VS 10Y AVG
-12.07%
CURRENT VS 15Y AVG
-10.77%
CURRENT VS 20Y AVG
-10.51%
SECTOR MEDIAN · FINANCIAL SERVICES
9.05%
median of 188 covered companies
CURRENT VS SECTOR MEDIAN
+640.36%
vs the sector median at left
Ares Capital Corporation
Market Cap
$13.53B
Gross Margin
67.04%
TTM Avg
64.99%
3Y Avg
71.64%
5Y Avg
70.80%
Market Cap
$14.19B
Gross Margin
70.67%
TTM Avg
74.58%
3Y Avg
77.83%
5Y Avg
82.37%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ares Capital Corporation (ARCC) | $13.53B | 67.04% | 64.99% | 71.64% | 70.80% |
| Invesco Ltd. (IVZ)vs › | $13.52B | 43.18% | 38.30% | 37.99% | 38.66% |
| The Carlyle Group Inc. (CG)vs › | $14.19B | 70.67% | 74.58% | 77.83% | 82.37% |
| TransUnion (TRU)vs › | $12.23B | 55.76% | 59.55% | 60.54% | 62.31% |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $15.18B | 5.09% | 14.04% | 8.10% | 5.40% |
Gross Margin
67.0%
(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 | 77.47% |
| 2026-03-31 | 43.27% |
| 2025-12-31 | 63.70% |
| 2025-09-30 | 70.23% |
| 2025-06-30 | 70.29% |
| 2025-03-31 | 61.43% |
| 2024-12-31 | 69.31% |
| 2024-09-30 | 70.47% |
| 2024-06-30 | 69.92% |
| 2024-03-31 | 77.46% |
| 2023-12-31 | 75.51% |
| 2023-09-30 | 80.00% |
| 2023-06-30 | 73.82% |
| 2023-03-31 | 70.40% |
| 2022-12-31 | 62.57% |
| 2022-09-30 | 57.83% |
| 2022-06-30 | 62.17% |
| 2022-03-31 | 77.87% |
| 2021-12-31 | 83.17% |
| 2021-09-30 | 82.88% |
| 2021-06-30 | 87.01% |
| 2021-03-31 | 85.85% |
| 2020-12-31 | 84.87% |
| 2020-09-30 | 87.59% |
| 2020-06-30 | 82.07% |
| 2020-03-31 | 114.09% |
| 2019-12-31 | 76.27% |
| 2019-09-30 | 73.93% |
| 2019-06-30 | 78.26% |
| 2019-03-31 | 78.40% |
| 2018-12-31 | 75.70% |
| 2018-09-30 | 81.99% |
| 2018-06-30 | 83.85% |
| 2018-03-31 | 83.60% |
| 2017-12-31 | 83.00% |
| 2017-09-30 | 76.47% |
| 2017-06-30 | 81.40% |
| 2017-03-31 | 76.89% |
| 2016-12-31 | 80.53% |
| 2016-09-30 | 77.51% |
| 2016-06-30 | 81.70% |
| 2016-03-31 | 76.88% |
| 2015-12-31 | 43.55% |
| 2015-09-30 | 69.37% |
| 2015-06-30 | 74.10% |
| 2015-03-31 | 66.89% |
| 2014-12-31 | 74.79% |
| 2014-09-30 | 78.25% |
| 2014-06-30 | 74.61% |
| 2014-03-31 | 71.64% |
| 2013-12-31 | 75.45% |
| 2013-09-30 | 77.64% |
| 2013-06-30 | 78.56% |
| 2013-03-31 | 70.42% |
| 2012-12-31 | 82.53% |
| 2012-09-30 | 61.20% |
| 2012-06-30 | 58.41% |
| 2012-03-31 | 60.40% |
| 2011-12-31 | 177.26% |
| 2011-09-30 | 82.99% |
| 2011-06-30 | 1.68% |
| 2011-03-31 | 64.87% |
| 2010-12-31 | 81.83% |
| 2010-09-30 | 75.93% |
| 2010-06-30 | 78.08% |
| 2010-03-31 | 75.04% |
| 2009-12-31 | 31.66% |
| 2009-09-30 | 74.15% |
| 2009-06-30 | 73.81% |
| 2009-03-31 | 73.14% |
| 2008-12-31 | -7.33% |
| 2008-09-30 | 67.50% |
| 2008-06-30 | 73.70% |
| 2008-03-31 | 73.99% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 74.70% |
| 2007-06-30 | 74.59% |
| 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 | 86.36% |
| 2004-09-30 | 0.00% |