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 71.94% is in line with its 5-year average of 66.43%, near the high end of its 5-year range (61.32%–76.29%).
1.43% above its 12-month average of 70.92%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
71.94%
GROSS MARGIN AVG TTM
70.92%
GROSS MARGIN AVG 3Y
66.71%
GROSS MARGIN AVG 5Y
66.43%
GROSS MARGIN AVG 10Y
67.30%
GROSS MARGIN AVG 15Y
68.88%
GROSS MARGIN AVG 20Y
68.95%
CURRENT VS TTM AVG
+1.43%
CURRENT VS 3Y AVG
+7.84%
CURRENT VS 5Y AVG
+8.30%
CURRENT VS 10Y AVG
+6.89%
CURRENT VS 15Y AVG
+4.44%
CURRENT VS 20Y AVG
+4.34%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+22.82%
vs the sector median at left
Moody's Corporation
Market Cap
$83.38B
Gross Margin
71.94%
TTM Avg
70.92%
3Y Avg
66.71%
5Y Avg
66.43%
Market Cap
$86.15B
Gross Margin
42.38%
TTM Avg
42.53%
3Y Avg
42.30%
5Y Avg
42.12%
Market Cap
$87.71B
Gross Margin
38.80%
TTM Avg
29.91%
3Y Avg
22.58%
5Y Avg
21.71%
Market Cap
$88.57B
Gross Margin
61.88%
TTM Avg
58.67%
3Y Avg
57.11%
5Y Avg
55.89%
Market Cap
$78.03B
Gross Margin
70.20%
TTM Avg
70.61%
3Y Avg
74.03%
5Y Avg
78.48%
Market Cap
$76.27B
Gross Margin
34.73%
TTM Avg
28.04%
3Y Avg
25.19%
5Y Avg
25.54%
Market Cap
$75.92B
Gross Margin
95.50%
TTM Avg
95.56%
3Y Avg
94.88%
5Y Avg
89.96%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Moody's Corporation (MCO) | $83.38B | 71.94% | 70.92% | 66.71% | 66.43% |
| iShares Russell 2000 ETF (IWM)vs › | $81.05B | N/A | N/A | N/A | N/A |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $86.15B | 42.38% | 42.53% | 42.30% | 42.12% |
| Brookfield Corporation (BN)vs › | $87.71B | 38.80% | 29.91% | 22.58% | 21.71% |
| Intercontinental Exchange, Inc. (ICE)vs › | $88.57B | 61.88% | 58.67% | 57.11% | 55.89% |
| Brookfield Asset Management Ltd. (BAM)vs › | $78.03B | 70.20% | 70.61% | 74.03% | 78.48% |
| The Travelers Companies, Inc. (TRV)vs › | $76.27B | 34.73% | 28.04% | 25.19% | 25.54% |
| Apollo Global Management, Inc. (APO)vs › | $75.92B | 95.50% | 95.56% | 94.88% | 89.96% |
| Nu Holdings Ltd. (NU)vs › | $74.25B | 44.03% | 45.39% | 42.27% | 41.02% |
| VanEck Semiconductor ETF (SMH)vs › | $72.31B | N/A | N/A | N/A | N/A |
Gross Margin
71.9%
(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 | 76.29% |
| 2026-03-31 | 74.46% |
| 2025-12-31 | 66.86% |
| 2025-09-30 | 69.36% |
| 2025-06-30 | 67.65% |
| 2025-03-31 | 68.71% |
| 2024-12-31 | 63.52% |
| 2024-09-30 | 65.75% |
| 2024-06-30 | 68.08% |
| 2024-03-31 | 68.09% |
| 2023-12-31 | 65.00% |
| 2023-09-30 | 65.56% |
| 2023-06-30 | 65.26% |
| 2023-03-31 | 64.90% |
| 2022-12-31 | 61.32% |
| 2022-09-30 | 62.67% |
| 2022-06-30 | 65.68% |
| 2022-03-31 | 67.48% |
| 2021-12-31 | 63.48% |
| 2021-09-30 | 70.18% |
| 2021-06-30 | 72.63% |
| 2021-03-31 | 71.75% |
| 2020-12-31 | 63.88% |
| 2020-09-30 | 69.03% |
| 2020-06-30 | 70.73% |
| 2020-03-31 | 69.84% |
| 2019-12-31 | 67.15% |
| 2019-09-30 | 67.85% |
| 2019-06-30 | 67.79% |
| 2019-03-31 | 65.68% |
| 2018-12-31 | 66.76% |
| 2018-09-30 | 67.39% |
| 2018-06-30 | 68.63% |
| 2018-03-31 | 67.69% |
| 2017-12-31 | 66.47% |
| 2017-09-30 | 66.26% |
| 2017-06-30 | 68.25% |
| 2017-03-31 | 68.22% |
| 2016-12-31 | 68.35% |
| 2016-09-30 | 68.83% |
| 2016-06-30 | 72.13% |
| 2016-03-31 | 69.46% |
| 2015-12-31 | 70.91% |
| 2015-09-30 | 71.72% |
| 2015-06-30 | 73.43% |
| 2015-03-31 | 71.77% |
| 2014-12-31 | 70.88% |
| 2014-09-30 | 71.00% |
| 2014-06-30 | 74.57% |
| 2014-03-31 | 71.85% |
| 2013-12-31 | 71.64% |
| 2013-09-30 | 71.16% |
| 2013-06-30 | 73.93% |
| 2013-03-31 | 72.56% |
| 2012-12-31 | 70.62% |
| 2012-09-30 | 69.89% |
| 2012-06-30 | 71.82% |
| 2012-03-31 | 71.32% |
| 2011-12-31 | 68.05% |
| 2011-09-30 | 67.81% |
| 2011-06-30 | 71.83% |
| 2011-03-31 | 72.14% |
| 2010-12-31 | 67.94% |
| 2010-09-30 | 70.06% |
| 2010-06-30 | 71.89% |
| 2010-03-31 | 71.49% |
| 2009-12-31 | 69.76% |
| 2009-09-30 | 70.10% |
| 2009-06-30 | 71.60% |
| 2009-03-31 | 70.07% |
| 2008-12-31 | 148.15% |
| 2008-09-30 | 46.75% |
| 2008-06-30 | 51.33% |
| 2008-03-31 | 49.01% |
| 2007-12-31 | 143.61% |
| 2007-09-30 | 49.92% |
| 2007-06-30 | 57.70% |
| 2007-03-31 | 54.03% |
| 2006-12-31 | 114.07% |
| 2006-09-30 | 56.23% |
| 2006-06-30 | 58.35% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 79.25% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 58.53% |
| 2005-03-31 | 56.62% |
| 2004-12-31 | 4.14% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 0.97% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | -4.93% |
| 2002-09-30 | 100.00% |
