Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 25.59% is in line with its 5-year average of 26.39%, around the middle of its 5-year range (22.20%–30.35%).
As of the fiscal period ended Wednesday, December 31, 2025. 3.07% below its 12-month average of 26.40%.
Annual fiscal-year gross margin; no daily interpolation. Historical series through 2025-12-31.
GROSS MARGIN
25.59%
GROSS MARGIN AVG TTM
26.40%
GROSS MARGIN AVG 3Y
27.68%
GROSS MARGIN AVG 5Y
26.39%
GROSS MARGIN AVG 10Y
25.96%
GROSS MARGIN AVG 15Y
23.79%
GROSS MARGIN AVG 20Y
22.89%
CURRENT VS TTM AVG
-3.07%
CURRENT VS 3Y AVG
-7.53%
CURRENT VS 5Y AVG
-3.04%
CURRENT VS 10Y AVG
-1.44%
CURRENT VS 15Y AVG
+7.56%
CURRENT VS 20Y AVG
+11.81%
SECTOR MEDIAN · FINANCIAL SERVICES
55.76%
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
-54.11%
vs the sector median at left
LPL Financial Holdings Inc.
Market Cap
$25.31B
Gross Margin
25.59%
TTM Avg
26.40%
3Y Avg
27.68%
5Y Avg
26.39%
Market Cap
$25.68B
Gross Margin
19.81%
TTM Avg
21.35%
3Y Avg
21.74%
5Y Avg
20.83%
Market Cap
$24.86B
Gross Margin
52.29%
TTM Avg
48.41%
3Y Avg
41.92%
5Y Avg
45.37%
Market Cap
$23.97B
Gross Margin
48.54%
TTM Avg
45.39%
3Y Avg
49.23%
5Y Avg
48.30%
Market Cap
$26.80B
Gross Margin
42.06%
TTM Avg
43.33%
3Y Avg
43.29%
5Y Avg
42.49%
Market Cap
$27.20B
Gross Margin
72.37%
TTM Avg
63.66%
3Y Avg
68.09%
5Y Avg
73.72%
Market Cap
$23.35B
Gross Margin
52.26%
TTM Avg
48.14%
3Y Avg
50.84%
5Y Avg
55.56%
Market Cap
$23.13B
Gross Margin
76.85%
TTM Avg
72.50%
3Y Avg
78.47%
5Y Avg
82.29%
Market Cap
$22.42B
Gross Margin
62.67%
TTM Avg
57.30%
3Y Avg
54.80%
5Y Avg
56.34%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LPL Financial Holdings Inc. (LPLA) | $25.31B | 25.59% | 26.40% | 27.68% | 26.39% |
| W. R. Berkley Corporation (WRB)vs › | $25.68B | 19.81% | 21.35% | 21.74% | 20.83% |
| Cincinnati Financial Corporation (CINF)vs › | $24.86B | 52.29% | 48.41% | 41.92% | 45.37% |
| Principal Financial Group, Inc. (PFG)vs › | $23.97B | 48.54% | 45.39% | 49.23% | 48.30% |
| Willis Towers Watson Public Limited Company (WTW)vs › | $26.80B | 42.06% | 43.33% | 43.29% | 42.49% |
| Citizens Financial Group, Inc. (CFG)vs › | $27.20B | 72.37% | 63.66% | 68.09% | 73.72% |
| Synchrony Financial (SYF)vs › | $23.35B | 52.26% | 48.14% | 50.84% | 55.56% |
| Regions Financial Corporation (RF)vs › | $23.13B | 76.85% | 72.50% | 78.47% | 82.29% |
| T. Rowe Price Group, Inc. (TROW)vs › | $22.42B | 62.67% | 57.30% | 54.80% | 56.34% |
| Cboe Global Markets, Inc. (CBOE)vs › | $28.39B | 52.29% | 49.77% | 48.59% | 45.54% |
Gross Margin
25.6%
(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 |
|---|---|
| 2025-12-31 | 25.59% |
| 2024-12-31 | 27.21% |
| 2023-12-31 | 30.35% |
| 2022-12-31 | 27.55% |
| 2021-12-31 | 22.20% |
| 2020-12-31 | 25.45% |
| 2019-12-31 | 28.73% |
| 2018-12-31 | 27.77% |
| 2017-12-31 | 25.64% |
| 2016-12-31 | 23.65% |
| 2015-12-31 | 21.47% |
| 2014-12-31 | 20.67% |
| 2013-12-31 | 20.46% |
| 2012-12-31 | 20.47% |
| 2011-12-31 | 20.37% |
| 2010-12-31 | 13.08% |
| 2009-12-31 | 20.89% |
| 2008-12-31 | 19.58% |
| 2007-12-31 | 19.29% |
| 2006-12-31 | 21.35% |
| 2005-12-31 | 18.87% |
