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 47.48% is 61% above its 5-year average of 29.47%, near the high end of its 5-year range (19.31%–47.48%).
As of the fiscal period ended Tuesday, June 30, 2026. 25.84% above its 12-month average of 37.73%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
47.48%
GROSS MARGIN AVG TTM
37.73%
GROSS MARGIN AVG 3Y
28.57%
GROSS MARGIN AVG 5Y
28.10%
GROSS MARGIN AVG 10Y
26.98%
GROSS MARGIN AVG 15Y
28.54%
GROSS MARGIN AVG 20Y
29.68%
CURRENT VS TTM AVG
+25.84%
CURRENT VS 3Y AVG
+66.19%
CURRENT VS 5Y AVG
+68.98%
CURRENT VS 10Y AVG
+75.99%
CURRENT VS 15Y AVG
+66.40%
CURRENT VS 20Y AVG
+60.00%
SECTOR MEDIAN · FINANCIAL SERVICES
56.08%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-15.33%
vs the sector median at left
Market Cap
$128.22B
Gross Margin
47.33%
TTM Avg
49.06%
3Y Avg
56.35%
5Y Avg
64.03%
Market Cap
$122.92B
Gross Margin
26.91%
TTM Avg
28.60%
3Y Avg
22.84%
5Y Avg
24.41%
Market Cap
$152.05B
Gross Margin
93.34%
TTM Avg
89.41%
3Y Avg
87.13%
5Y Avg
83.57%
Market Cap
$107.30B
Gross Margin
48.94%
TTM Avg
47.46%
3Y Avg
56.97%
5Y Avg
69.84%
Market Cap
$168.90B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chubb Limited (CB) | $135.29B | 47.48% | 37.73% | 28.57% | 28.10% |
| Capital One Financial Corporation (COF)vs › | $128.22B | 47.33% | 49.06% | 56.35% | 64.03% |
| The Progressive Corporation (PGR)vs › | $122.92B | 26.91% | 28.60% | 22.84% | 24.41% |
| S&P Global Inc. (SPGI)vs › | $121.44B | 70.47% | 69.67% | 68.16% | 69.70% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $152.05B | 93.34% | 89.41% | 87.13% | 83.57% |
| Blackstone Inc. (BX)vs › | $154.30B | 88.82% | 91.07% | 93.02% | 94.64% |
| Bank of New York Mellon Corp (BNY)vs › | $107.30B | 48.94% | 47.46% | 56.97% | 69.84% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $168.90B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK)vs › | $169.00B | 46.70% | 48.06% | 48.19% | 49.07% |
| The PNC Financial Services Group, Inc. (PNC)vs › | $99.70B | 79.59% | 65.53% | 70.95% | 76.74% |
Gross Margin
47.5%
(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 | 47.48% |
| 2026-03-31 | 46.37% |
| 2025-12-31 | 32.37% |
| 2025-09-30 | 32.55% |
| 2025-06-30 | 29.90% |
| 2025-03-31 | 21.80% |
| 2024-12-31 | 29.87% |
| 2024-09-30 | 26.92% |
| 2024-06-30 | 28.90% |
| 2024-03-31 | 29.54% |
| 2023-12-31 | 28.26% |
| 2023-09-30 | 26.34% |
| 2023-06-30 | 27.83% |
| 2023-03-31 | 28.16% |
| 2022-12-31 | 25.99% |
| 2022-09-30 | 19.31% |
| 2022-06-30 | 26.12% |
| 2022-03-31 | 30.82% |
| 2021-12-31 | 30.68% |
| 2021-09-30 | 20.91% |
| 2021-06-30 | 28.83% |
| 2021-03-31 | 30.98% |
| 2020-12-31 | 31.90% |
| 2020-09-30 | 19.08% |
| 2020-06-30 | 7.00% |
| 2020-03-31 | 18.48% |
| 2019-12-31 | 24.31% |
| 2019-09-30 | 24.62% |
| 2019-06-30 | 24.68% |
| 2019-03-31 | 27.17% |
| 2018-12-31 | 17.80% |
| 2018-09-30 | 25.61% |
| 2018-06-30 | 28.22% |
| 2018-03-31 | 27.05% |
| 2017-12-31 | 26.70% |
| 2017-09-30 | 8.45% |
| 2017-06-30 | 29.12% |
| 2017-03-31 | 28.99% |
| 2016-12-31 | 33.39% |
| 2016-09-30 | 30.54% |
| 2016-06-30 | 24.56% |
| 2016-03-31 | 24.16% |
| 2015-12-31 | 31.86% |
| 2015-09-30 | 27.35% |
| 2015-06-30 | 34.76% |
| 2015-03-31 | 32.48% |
| 2014-12-31 | 30.00% |
| 2014-09-30 | 30.03% |
| 2014-06-30 | 31.91% |
| 2014-03-31 | 31.95% |
| 2013-12-31 | 34.00% |
| 2013-09-30 | 33.07% |
| 2013-06-30 | 35.56% |
| 2013-03-31 | 38.09% |
| 2012-12-31 | 37.66% |
| 2012-09-30 | 26.51% |
| 2012-06-30 | 27.40% |
| 2012-03-31 | 39.73% |
| 2011-12-31 | 32.42% |
| 2011-09-30 | 18.56% |
| 2011-06-30 | 30.73% |
| 2011-03-31 | 23.50% |
| 2010-12-31 | 38.74% |
| 2010-09-30 | 33.46% |
| 2010-06-30 | 35.56% |
| 2010-03-31 | 35.12% |
| 2009-12-31 | 40.82% |
| 2009-09-30 | 31.24% |
| 2009-06-30 | 31.72% |
| 2009-03-31 | 32.98% |
| 2008-12-31 | 21.59% |
| 2008-09-30 | 15.97% |
| 2008-06-30 | 33.41% |
| 2008-03-31 | 31.40% |
| 2007-12-31 | 37.14% |
| 2007-09-30 | 33.77% |
| 2007-06-30 | 34.83% |
| 2007-03-31 | 34.83% |
| 2006-12-31 | 34.25% |
| 2006-09-30 | 31.75% |
| 2006-06-30 | 32.84% |
| 2006-03-31 | 33.17% |
| 2005-12-31 | 18.54% |
| 2005-09-30 | 6.55% |
| 2005-06-30 | 29.10% |
| 2005-03-31 | 29.73% |
| 2004-12-31 | 19.25% |
| 2004-09-30 | 13.37% |
| 2004-06-30 | 29.38% |
| 2004-03-31 | 32.67% |
| 2003-12-31 | 27.82% |
| 2003-09-30 | 28.57% |
| 2003-06-30 | 30.05% |
| 2003-03-31 | 27.29% |
| 2002-12-31 | -0.43% |
| 2002-09-30 | 12.55% |
