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 81.89% is in line with its 5-year average of 85.36%, around the middle of its 5-year range (69.25%–88.14%).
1.15% below its 12-month average of 82.84%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 69.25%.
GROSS MARGIN
81.89%
GROSS MARGIN AVG TTM
82.84%
GROSS MARGIN AVG 3Y
85.97%
GROSS MARGIN AVG 5Y
85.36%
GROSS MARGIN AVG 10Y
84.17%
GROSS MARGIN AVG 15Y
83.37%
GROSS MARGIN AVG 20Y
82.25%
CURRENT VS TTM AVG
-1.15%
CURRENT VS 3Y AVG
-4.74%
CURRENT VS 5Y AVG
-4.06%
CURRENT VS 10Y AVG
-2.71%
CURRENT VS 15Y AVG
-1.77%
CURRENT VS 20Y AVG
-0.43%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+39.80%
vs the sector median at left
Market Cap
$99.30B
Gross Margin
N/A
TTM Avg
81.39%
3Y Avg
77.91%
5Y Avg
76.48%
Market Cap
$98.25B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$96.27B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$96.07B
Gross Margin
67.91%
TTM Avg
62.55%
3Y Avg
69.46%
5Y Avg
75.75%
Market Cap
$106.16B
Gross Margin
48.94%
TTM Avg
47.46%
3Y Avg
56.97%
5Y Avg
69.84%
Market Cap
$88.08B
Gross Margin
61.88%
TTM Avg
58.67%
3Y Avg
57.11%
5Y Avg
55.89%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CME Group Inc. (CME) | $98.92B | 81.89% | 82.84% | 85.97% | 85.36% |
| Robinhood Markets, Inc. (HOOD)vs › | $99.30B | N/A | 81.39% | 77.91% | 76.48% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $98.25B | N/A | N/A | N/A | N/A |
| U.S. Bancorp (USB)vs › | $96.92B | 63.78% | 60.80% | 66.50% | 73.95% |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $96.27B | N/A | N/A | N/A | N/A |
| The PNC Financial Services Group, Inc. (PNC)vs › | $96.07B | 67.91% | 62.55% | 69.46% | 75.75% |
| Bank of New York Mellon Corp (BNY)vs › | $106.16B | 48.94% | 47.46% | 56.97% | 69.84% |
| KKR & Co. Inc. (KKR)vs › | $89.79B | 22.49% | 17.88% | 26.44% | 32.95% |
| Intercontinental Exchange, Inc. (ICE)vs › | $88.08B | 61.88% | 58.67% | 57.11% | 55.89% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $85.78B | 42.38% | 42.53% | 42.30% | 42.12% |
Gross Margin
81.9%
(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 | 69.25% |
| 2026-03-31 | 88.14% |
| 2025-12-31 | 85.38% |
| 2025-09-30 | 84.55% |
| 2025-06-30 | 86.90% |
| 2025-03-31 | 87.41% |
| 2024-12-31 | 85.52% |
| 2024-09-30 | 86.19% |
| 2024-06-30 | 86.64% |
| 2024-03-31 | 86.15% |
| 2023-12-31 | 85.21% |
| 2023-09-30 | 84.64% |
| 2023-06-30 | 84.88% |
| 2023-03-31 | 85.81% |
| 2022-12-31 | 84.02% |
| 2022-09-30 | 84.56% |
| 2022-06-30 | 85.02% |
| 2022-03-31 | 86.25% |
| 2021-12-31 | 82.42% |
| 2021-09-30 | 82.11% |
| 2021-06-30 | 82.05% |
| 2021-03-31 | 82.05% |
| 2020-12-31 | 80.37% |
| 2020-09-30 | 79.98% |
| 2020-06-30 | 81.65% |
| 2020-03-31 | 86.37% |
| 2019-12-31 | 80.89% |
| 2019-09-30 | 82.50% |
| 2019-06-30 | 82.14% |
| 2019-03-31 | 80.48% |
| 2018-12-31 | 83.38% |
| 2018-09-30 | 83.97% |
| 2018-06-30 | 85.77% |
| 2018-03-31 | 86.23% |
| 2017-12-31 | 83.84% |
| 2017-09-30 | 83.41% |
| 2017-06-30 | 84.24% |
| 2017-03-31 | 83.98% |
| 2016-12-31 | 83.16% |
| 2016-09-30 | 83.66% |
| 2016-06-30 | 84.77% |
| 2016-03-31 | 85.16% |
| 2015-12-31 | 82.67% |
| 2015-09-30 | 83.12% |
| 2015-06-30 | 81.94% |
| 2015-03-31 | 82.33% |
| 2014-12-31 | 81.87% |
| 2014-09-30 | 81.65% |
| 2014-06-30 | 79.77% |
| 2014-03-31 | 81.52% |
| 2013-12-31 | 80.32% |
| 2013-09-30 | 79.96% |
| 2013-06-30 | 83.15% |
| 2013-03-31 | 80.75% |
| 2012-12-31 | 102.06% |
| 2012-09-30 | 81.37% |
| 2012-06-30 | 82.18% |
| 2012-03-31 | 81.23% |
| 2011-12-31 | 76.14% |
| 2011-09-30 | 80.19% |
| 2011-06-30 | 79.43% |
| 2011-03-31 | 78.97% |
| 2010-12-31 | 76.72% |
| 2010-09-30 | 78.35% |
| 2010-06-30 | 81.34% |
| 2010-03-31 | 78.03% |
| 2009-12-31 | 79.75% |
| 2009-09-30 | 80.32% |
| 2009-06-30 | 79.38% |
| 2009-03-31 | 79.42% |
| 2008-12-31 | 83.83% |
| 2008-09-30 | 81.66% |
| 2008-06-30 | 81.43% |
| 2008-03-21 | 80.83% |
| 2007-12-31 | 80.65% |
| 2007-09-30 | 81.20% |
| 2007-06-30 | 77.44% |
| 2007-03-31 | 74.86% |
| 2006-12-31 | 62.98% |
| 2006-09-30 | 75.50% |
| 2006-06-30 | 74.03% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 92.78% |
| 2005-09-30 | 73.41% |
| 2005-06-30 | 94.32% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 78.68% |
| 2004-03-31 | 76.07% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 76.51% |
| 2002-12-31 | 81.28% |
| 2002-09-30 | 95.46% |
