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 46.70% is in line with its 5-year average of 48.59%, near the low end of its 5-year range (45.63%–82.00%).
13.34% below its 12-month average of 53.89%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 82.00%.
GROSS MARGIN
46.70%
GROSS MARGIN AVG TTM
53.89%
GROSS MARGIN AVG 3Y
48.45%
GROSS MARGIN AVG 5Y
48.59%
GROSS MARGIN AVG 10Y
49.79%
GROSS MARGIN AVG 15Y
51.68%
GROSS MARGIN AVG 20Y
52.11%
CURRENT VS TTM AVG
-13.34%
CURRENT VS 3Y AVG
-3.61%
CURRENT VS 5Y AVG
-3.89%
CURRENT VS 10Y AVG
-6.21%
CURRENT VS 15Y AVG
-9.64%
CURRENT VS 20Y AVG
-10.38%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-20.27%
vs the sector median at left
Market Cap
$165.05B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$148.90B
Gross Margin
93.34%
TTM Avg
89.41%
3Y Avg
87.13%
5Y Avg
83.57%
Market Cap
$183.01B
Gross Margin
86.67%
TTM Avg
80.92%
3Y Avg
82.18%
5Y Avg
87.13%
Market Cap
$127.79B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$126.75B
Gross Margin
26.91%
TTM Avg
28.60%
3Y Avg
22.84%
5Y Avg
24.41%
Market Cap
$125.72B
Gross Margin
47.33%
TTM Avg
49.06%
3Y Avg
56.35%
5Y Avg
64.03%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock, Inc. (BLK) | $161.16B | 46.70% | 53.89% | 48.45% | 48.59% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $165.05B | N/A | N/A | N/A | N/A |
| Blackstone Inc. (BX)vs › | $149.87B | 88.82% | 91.07% | 93.02% | 94.64% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $148.90B | 93.34% | 89.41% | 87.13% | 83.57% |
| The Charles Schwab Corporation (SCHW)vs › | $183.01B | 86.67% | 80.92% | 82.18% | 87.13% |
| Chubb Limited (CB)vs › | $132.13B | 29.45% | 29.13% | 27.76% | 26.38% |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $127.79B | N/A | N/A | N/A | N/A |
| The Progressive Corporation (PGR)vs › | $126.75B | 26.91% | 28.60% | 22.84% | 24.41% |
| Capital One Financial Corporation (COF)vs › | $125.72B | 47.33% | 49.06% | 56.35% | 64.03% |
| S&P Global Inc. (SPGI)vs › | $120.69B | 70.90% | 69.67% | 68.16% | 69.70% |
Gross Margin
46.7%
(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 | 82.00% |
| 2026-03-31 | 48.01% |
| 2025-12-31 | 45.63% |
| 2025-09-30 | 45.94% |
| 2025-06-30 | 47.87% |
| 2025-03-31 | 47.88% |
| 2024-12-31 | 49.25% |
| 2024-09-30 | 51.13% |
| 2024-06-30 | 49.39% |
| 2024-03-31 | 47.80% |
| 2023-12-31 | 49.08% |
| 2023-09-30 | 48.52% |
| 2023-06-30 | 48.06% |
| 2023-03-31 | 46.43% |
| 2022-12-31 | 49.23% |
| 2022-09-30 | 49.13% |
| 2022-06-30 | 49.40% |
| 2022-03-31 | 48.90% |
| 2021-12-31 | 51.72% |
| 2021-09-30 | 51.17% |
| 2021-06-30 | 50.39% |
| 2021-03-31 | 49.20% |
| 2020-12-31 | 52.46% |
| 2020-09-30 | 51.38% |
| 2020-06-30 | 49.92% |
| 2020-03-31 | 49.89% |
| 2019-12-31 | 52.35% |
| 2019-09-30 | 51.87% |
| 2019-06-30 | 50.31% |
| 2019-03-31 | 48.89% |
| 2018-12-31 | 51.54% |
| 2018-09-30 | 50.95% |
| 2018-06-30 | 51.15% |
| 2018-03-31 | 49.37% |
| 2017-12-31 | 51.73% |
| 2017-09-30 | 50.48% |
| 2017-06-30 | 49.66% |
| 2017-03-31 | 47.35% |
| 2016-12-31 | 55.50% |
| 2016-09-30 | 54.49% |
| 2016-06-30 | 53.99% |
| 2016-03-31 | 52.67% |
| 2015-12-31 | 54.87% |
| 2015-09-30 | 54.12% |
| 2015-06-30 | 54.56% |
| 2015-03-31 | 52.92% |
| 2014-12-31 | 56.25% |
| 2014-09-30 | 55.21% |
| 2014-06-30 | 55.44% |
| 2014-03-31 | 52.62% |
| 2013-12-31 | 57.04% |
| 2013-09-30 | 54.21% |
| 2013-06-30 | 54.55% |
| 2013-03-31 | 52.27% |
| 2012-12-31 | 5.32% |
| 2012-09-30 | 95.95% |
| 2012-06-30 | 60.57% |
| 2012-03-31 | 59.09% |
| 2011-12-31 | 71.67% |
| 2011-09-30 | 61.30% |
| 2011-06-30 | 60.63% |
| 2011-03-31 | 58.85% |
| 2010-12-31 | 95.75% |
| 2010-09-30 | 57.98% |
| 2010-06-30 | 18.95% |
| 2010-03-31 | 56.24% |
| 2009-12-31 | 169.88% |
| 2009-09-30 | 50.61% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 51.37% |
| 2008-12-31 | 227.07% |
| 2008-09-30 | 52.91% |
| 2008-06-30 | 49.13% |
| 2008-03-31 | 51.93% |
| 2007-12-31 | 50.26% |
| 2007-09-30 | 58.69% |
| 2007-06-30 | 59.49% |
| 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 | 94.79% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
