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 22.49% is 19% below its 5-year average of 27.60%, near the low end of its 5-year range (-2.77%–109.82%).
0.07% above its 12-month average of 22.47%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 18.89%.
GROSS MARGIN
22.49%
GROSS MARGIN AVG TTM
22.47%
GROSS MARGIN AVG 3Y
23.10%
GROSS MARGIN AVG 5Y
27.60%
GROSS MARGIN AVG 10Y
38.60%
GROSS MARGIN AVG 15Y
36.92%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.07%
CURRENT VS 3Y AVG
-2.64%
CURRENT VS 5Y AVG
-18.51%
CURRENT VS 10Y AVG
-41.73%
CURRENT VS 15Y AVG
-39.08%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-61.60%
vs the sector median at left
Market Cap
$88.36B
Gross Margin
61.88%
TTM Avg
58.67%
3Y Avg
57.11%
5Y Avg
55.89%
Market Cap
$85.37B
Gross Margin
38.80%
TTM Avg
29.91%
3Y Avg
22.58%
5Y Avg
21.71%
Market Cap
$96.68B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$84.42B
Gross Margin
42.38%
TTM Avg
42.53%
3Y Avg
42.30%
5Y Avg
42.12%
Market Cap
$97.45B
Gross Margin
67.91%
TTM Avg
62.55%
3Y Avg
69.46%
5Y Avg
75.75%
Market Cap
$97.65B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| KKR & Co. Inc. (KKR) | $90.76B | 22.49% | 22.47% | 23.10% | 27.60% |
| Intercontinental Exchange, Inc. (ICE)vs › | $88.36B | 61.88% | 58.67% | 57.11% | 55.89% |
| Brookfield Corporation (BN)vs › | $85.37B | 38.80% | 29.91% | 22.58% | 21.71% |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $96.68B | N/A | N/A | N/A | N/A |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.42B | 42.38% | 42.53% | 42.30% | 42.12% |
| The PNC Financial Services Group, Inc. (PNC)vs › | $97.45B | 67.91% | 62.55% | 69.46% | 75.75% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.65B | N/A | N/A | N/A | N/A |
| U.S. Bancorp (USB)vs › | $97.89B | 63.78% | 60.80% | 66.50% | 73.95% |
| CME Group Inc. (CME)vs › | $99.08B | 81.89% | 86.11% | 85.59% | 84.50% |
| Moody's Corporation (MCO)vs › | $82.29B | 71.94% | 67.28% | 66.04% | 67.02% |
Gross Margin
22.5%
(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 | 18.89% |
| 2026-03-31 | 27.70% |
| 2025-12-31 | 20.07% |
| 2025-09-30 | 24.66% |
| 2025-06-30 | 21.04% |
| 2025-03-31 | -2.77% |
| 2024-12-31 | 29.65% |
| 2024-09-30 | 18.72% |
| 2024-06-30 | 23.88% |
| 2024-03-31 | 10.69% |
| 2023-12-31 | 25.53% |
| 2023-09-30 | 49.12% |
| 2023-06-30 | 33.27% |
| 2023-03-31 | 30.53% |
| 2022-12-31 | 29.65% |
| 2022-09-30 | 40.59% |
| 2022-06-30 | 109.82% |
| 2022-03-31 | 19.12% |
| 2021-12-31 | 39.23% |
| 2021-09-30 | 39.93% |
| 2021-06-30 | 52.47% |
| 2021-03-31 | 39.26% |
| 2020-12-31 | 53.07% |
| 2020-09-30 | 53.44% |
| 2020-06-30 | 55.61% |
| 2020-03-31 | 73.83% |
| 2019-12-31 | 49.60% |
| 2019-09-30 | 45.92% |
| 2019-06-30 | 48.39% |
| 2019-03-31 | 54.14% |
| 2018-12-31 | 124.31% |
| 2018-09-30 | 50.39% |
| 2018-06-30 | 51.37% |
| 2018-03-31 | 36.92% |
| 2017-12-31 | 51.02% |
| 2017-09-30 | 50.84% |
| 2017-06-30 | 54.44% |
| 2017-03-31 | 47.51% |
| 2016-12-31 | 41.07% |
| 2016-09-30 | 47.87% |
| 2016-06-30 | 48.61% |
| 2016-03-31 | 22.92% |
| 2015-12-31 | 0.32% |
| 2015-09-30 | 48.60% |
| 2015-06-30 | -60.90% |
| 2015-03-31 | -25.28% |
| 2014-12-31 | -19.12% |
| 2014-09-30 | 7.06% |
| 2014-06-30 | -43.85% |
| 2014-03-31 | -9.28% |
| 2013-12-31 | -80.38% |
| 2013-09-30 | -49.61% |
| 2013-06-30 | -20.57% |
| 2013-03-31 | -118.94% |
| 2012-12-31 | 83.42% |
| 2012-09-30 | -125.93% |
| 2012-06-30 | -149.77% |
| 2012-03-31 | -220.20% |
| 2011-12-31 | 97.84% |
| 2011-09-30 | 100.58% |
| 2011-06-30 | 98.88% |
| 2011-03-31 | 99.38% |
| 2010-12-31 | 99.48% |
| 2010-09-30 | 99.43% |
| 2010-06-30 | 99.23% |
| 2010-03-31 | 99.52% |
| 2009-12-31 | 99.12% |
| 2009-09-30 | 99.57% |
| 2009-06-30 | 99.16% |
| 2009-03-31 | 103.41% |