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 46.96% is in line with its 5-year average of 44.03%, around the middle of its 5-year range (35.21%–52.25%).
1.70% above its 12-month average of 46.17%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
46.96%
GROSS MARGIN AVG TTM
46.17%
GROSS MARGIN AVG 3Y
44.40%
GROSS MARGIN AVG 5Y
44.03%
GROSS MARGIN AVG 10Y
46.74%
GROSS MARGIN AVG 15Y
48.09%
GROSS MARGIN AVG 20Y
49.96%
CURRENT VS TTM AVG
+1.70%
CURRENT VS 3Y AVG
+5.75%
CURRENT VS 5Y AVG
+6.66%
CURRENT VS 10Y AVG
+0.47%
CURRENT VS 15Y AVG
-2.35%
CURRENT VS 20Y AVG
-6.00%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-19.83%
vs the sector median at left
Market Cap
$23.10B
Gross Margin
76.46%
TTM Avg
72.40%
3Y Avg
75.46%
5Y Avg
77.83%
Market Cap
$23.45B
Gross Margin
62.67%
TTM Avg
57.30%
3Y Avg
54.80%
5Y Avg
56.34%
Market Cap
$24.63B
Gross Margin
48.54%
TTM Avg
45.39%
3Y Avg
49.23%
5Y Avg
48.30%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Loews Corporation (L) | $22.27B | 46.96% | 46.17% | 44.40% | 44.03% |
| Global Payments Inc. (GPN)vs › | $22.20B | 72.57% | 67.68% | 63.66% | 60.20% |
| Tradeweb Markets Inc. (TW)vs › | $21.93B | 68.14% | 66.49% | 65.55% | 64.20% |
| Brown & Brown, Inc. (BRO)vs › | $22.81B | 87.68% | 68.27% | 58.37% | 54.11% |
| SoFi Technologies, Inc. (SOFI)vs › | $23.10B | 76.46% | 72.40% | 75.46% | 77.83% |
| T. Rowe Price Group, Inc. (TROW)vs › | $23.45B | 62.67% | 57.30% | 54.80% | 56.34% |
| KeyCorp (KEY)vs › | $23.52B | 64.48% | 53.55% | 61.38% | 70.63% |
| Principal Financial Group, Inc. (PFG)vs › | $24.63B | 48.54% | 45.39% | 49.23% | 48.30% |
| Synchrony Financial (SYF)vs › | $25.58B | 52.26% | 48.14% | 50.84% | 55.56% |
| Regions Financial Corporation (RF)vs › | $25.66B | 76.85% | 72.50% | 78.47% | 82.29% |
Gross Margin
47.0%
(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 | 46.66% |
| 2026-03-31 | 52.25% |
| 2025-12-31 | 43.68% |
| 2025-09-30 | 45.36% |
| 2025-06-30 | 42.91% |
| 2025-03-31 | 43.71% |
| 2024-12-31 | 44.25% |
| 2024-09-30 | 43.71% |
| 2024-06-30 | 44.74% |
| 2024-03-31 | 46.11% |
| 2023-12-31 | 46.42% |
| 2023-09-30 | 42.21% |
| 2023-06-30 | 43.07% |
| 2023-03-31 | 45.90% |
| 2022-12-31 | 45.39% |
| 2022-09-30 | 35.21% |
| 2022-06-30 | 41.59% |
| 2022-03-31 | 46.13% |
| 2021-12-31 | 43.32% |
| 2021-09-30 | 39.06% |
| 2021-06-30 | 42.32% |
| 2021-03-31 | 47.83% |
| 2020-12-31 | 48.70% |
| 2020-09-30 | 41.78% |
| 2020-06-30 | 42.73% |
| 2020-03-31 | 44.74% |
| 2019-12-31 | 52.50% |
| 2019-09-30 | 46.46% |
| 2019-06-30 | 53.35% |
| 2019-03-31 | 54.78% |
| 2018-12-31 | 100.00% |
| 2018-09-30 | 54.30% |
| 2018-06-30 | 53.04% |
| 2018-03-31 | 54.34% |
| 2017-12-31 | 100.00% |
| 2017-09-30 | 49.19% |
| 2017-06-30 | 52.60% |
| 2017-03-31 | 51.58% |
| 2016-12-31 | 100.00% |
| 2016-09-30 | 53.88% |
| 2016-06-30 | 50.29% |
| 2016-03-31 | 45.95% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 52.07% |
| 2015-06-30 | 48.09% |
| 2015-03-31 | 52.79% |
| 2014-12-31 | 52.54% |
| 2014-09-30 | 52.14% |
| 2014-06-30 | 50.57% |
| 2014-03-31 | 51.87% |
| 2013-12-31 | 50.10% |
| 2013-09-30 | 52.21% |
| 2013-06-30 | 49.67% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 52.41% |
| 2012-06-30 | 51.09% |
| 2012-03-31 | 55.24% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 50.64% |
| 2011-06-30 | 53.33% |
| 2011-03-31 | 62.81% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 63.71% |
| 2010-06-30 | 57.20% |
| 2010-03-31 | 64.77% |
| 2009-12-31 | 64.13% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 63.36% |
| 2009-03-31 | 55.61% |
| 2008-12-31 | 51.04% |
| 2008-09-30 | 48.86% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 61.54% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 44.41% |
| 2007-06-30 | 47.54% |
| 2007-02-23 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 57.57% |
| 2006-06-30 | 57.82% |
| 2006-03-31 | 56.13% |
| 2005-12-31 | 39.45% |
| 2005-09-30 | 44.73% |
| 2005-06-30 | 51.47% |
| 2005-03-31 | 51.60% |
| 2004-12-31 | 46.88% |
| 2004-09-30 | 47.98% |
| 2004-06-30 | 50.77% |
| 2004-03-31 | 40.70% |
| 2003-12-31 | 42.86% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 38.94% |
| 2003-03-31 | 41.00% |
| 2002-12-31 | 42.51% |
| 2002-09-30 | 43.56% |