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 18.73% is 20% above its 5-year average of 15.60%, near the high end of its 5-year range (9.72%–19.20%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.86% above its 12-month average of 16.60%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
18.73%
GROSS MARGIN AVG TTM
16.60%
GROSS MARGIN AVG 3Y
16.78%
GROSS MARGIN AVG 5Y
15.60%
GROSS MARGIN AVG 10Y
15.01%
GROSS MARGIN AVG 15Y
15.18%
GROSS MARGIN AVG 20Y
15.78%
CURRENT VS TTM AVG
+12.86%
CURRENT VS 3Y AVG
+11.61%
CURRENT VS 5Y AVG
+20.05%
CURRENT VS 10Y AVG
+24.76%
CURRENT VS 15Y AVG
+23.36%
CURRENT VS 20Y AVG
+18.72%
SECTOR MEDIAN · FINANCIAL SERVICES
58.77%
median of 94 covered companies
CURRENT VS SECTOR MEDIAN
-68.13%
vs the sector median at left
Erie Indemnity Company
Market Cap
$11.92B
Gross Margin
18.73%
TTM Avg
16.60%
3Y Avg
16.78%
5Y Avg
15.60%
Market Cap
$12.03B
Gross Margin
17.62%
TTM Avg
17.70%
3Y Avg
17.65%
5Y Avg
16.32%
Market Cap
$10.22B
Gross Margin
-614.63%
TTM Avg
-284.00%
3Y Avg
-118.53%
5Y Avg
-106.51%
Market Cap
$10.19B
Gross Margin
5.09%
TTM Avg
14.04%
3Y Avg
8.10%
5Y Avg
5.40%
Market Cap
$9.89B
Gross Margin
51.38%
TTM Avg
53.39%
3Y Avg
53.22%
5Y Avg
52.82%
Market Cap
$14.39B
Gross Margin
20.52%
TTM Avg
17.50%
3Y Avg
16.91%
5Y Avg
15.85%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Erie Indemnity Company (ERIE) | $11.92B | 18.73% | 16.60% | 16.78% | 15.60% |
| American Financial Group, Inc. (AFG)vs › | $12.03B | 17.62% | 17.70% | 17.65% | 16.32% |
| Hut 8 Corp. (HUT)vs › | $10.22B | -614.63% | -284.00% | -118.53% | -106.51% |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.19B | 5.09% | 14.04% | 8.10% | 5.40% |
| Globe Life Inc. (GL)vs › | $13.81B | 33.40% | 32.88% | 31.34% | 30.90% |
| Assurant, Inc. (AIZ)vs › | $13.93B | 78.12% | 76.93% | 77.01% | 64.48% |
| FactSet Research Systems Inc. (FDS)vs › | $9.89B | 51.38% | 53.39% | 53.22% | 52.82% |
| Invesco Ltd. (IVZ)vs › | $13.98B | 43.18% | 38.30% | 37.99% | 38.66% |
| Everest Group, Ltd. (EG)vs › | $14.39B | 20.52% | 17.50% | 16.91% | 15.85% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.51B | 50.05% | 47.66% | 42.81% | 40.23% |
Gross Margin
18.7%
(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 | 18.73% |
| 2026-03-31 | 14.52% |
| 2025-12-31 | 14.59% |
| 2025-09-30 | 17.91% |
| 2025-06-30 | 17.24% |
| 2025-03-31 | 15.30% |
| 2024-12-31 | 18.11% |
| 2024-09-30 | 18.01% |
| 2024-06-30 | 19.20% |
| 2024-03-31 | 15.76% |
| 2023-12-31 | 15.54% |
| 2023-09-30 | 17.29% |
| 2023-06-30 | 15.97% |
| 2023-03-31 | 14.69% |
| 2022-12-31 | 11.62% |
| 2022-09-30 | 14.36% |
| 2022-06-30 | 14.32% |
| 2022-03-31 | 12.54% |
| 2021-12-31 | 9.72% |
| 2021-09-30 | 13.83% |
| 2021-06-30 | 12.51% |
| 2021-03-31 | 12.08% |
| 2020-12-31 | 10.68% |
| 2020-09-30 | 14.72% |
| 2020-06-30 | 13.88% |
| 2020-03-31 | 13.89% |
| 2019-12-31 | 11.51% |
| 2019-09-30 | 16.58% |
| 2019-06-30 | 14.92% |
| 2019-03-31 | 14.50% |
| 2018-12-31 | 12.97% |
| 2018-09-30 | 15.80% |
| 2018-06-30 | 15.34% |
| 2018-03-31 | 13.56% |
| 2017-12-31 | 14.61% |
| 2017-09-30 | 18.36% |
| 2017-06-30 | 18.60% |
| 2017-03-31 | 16.76% |
| 2016-12-31 | 29.24% |
| 2016-09-30 | 31.71% |
| 2016-06-30 | 31.39% |
| 2016-03-31 | 30.08% |
| 2015-12-31 | 3.28% |
| 2015-09-30 | 2.97% |
| 2015-06-30 | 18.08% |
| 2015-03-31 | 12.27% |
| 2014-12-31 | 23.73% |
| 2014-09-30 | 10.52% |
| 2014-06-30 | 9.20% |
| 2014-03-31 | 10.32% |
| 2013-12-31 | 27.70% |
| 2013-09-30 | 25.24% |
| 2013-06-30 | 18.44% |
| 2013-03-31 | 27.75% |
| 2012-12-31 | 12.03% |
| 2012-09-30 | 18.49% |
| 2012-06-30 | -9.53% |
| 2012-03-31 | 34.22% |
| 2011-12-31 | 30.02% |
| 2011-09-30 | -45.63% |
| 2011-06-30 | -17.56% |
| 2011-03-31 | 26.30% |
| 2010-12-31 | 27.72% |
| 2010-09-30 | 28.37% |
| 2010-06-30 | -8.77% |
| 2010-03-31 | 18.55% |
| 2009-12-31 | 18.34% |
| 2009-09-30 | 14.41% |
| 2009-06-30 | 14.70% |
| 2009-03-31 | -42.25% |
| 2008-12-31 | 4.53% |
| 2008-09-30 | 7.06% |
| 2008-06-30 | 17.06% |
| 2008-03-31 | 13.86% |
| 2007-12-31 | 14.92% |
| 2007-09-30 | 20.30% |
| 2007-06-30 | 25.35% |
| 2007-03-31 | 23.06% |
| 2006-12-31 | 17.07% |
| 2006-09-30 | 22.67% |
| 2006-06-30 | 22.75% |
| 2006-03-31 | 23.46% |
| 2005-12-31 | 20.10% |
| 2005-09-30 | 23.15% |
| 2005-06-30 | 28.20% |
| 2005-03-31 | 28.26% |
| 2004-12-31 | 27.32% |
| 2004-09-30 | 26.84% |
| 2004-06-30 | 26.00% |
| 2004-03-31 | 25.50% |
| 2003-12-31 | 28.61% |
| 2003-09-30 | 27.57% |
| 2003-06-30 | 27.72% |
| 2003-03-31 | 26.14% |
| 2002-12-31 | 21.92% |
| 2002-09-30 | 26.31% |