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 40.16% is in line with its 5-year average of 42.69%, around the middle of its 5-year range (31.20%–51.79%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.95% below its 12-month average of 43.63%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
40.16%
GROSS MARGIN AVG TTM
43.63%
GROSS MARGIN AVG 3Y
44.23%
GROSS MARGIN AVG 5Y
42.69%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-7.95%
CURRENT VS 3Y AVG
-9.22%
CURRENT VS 5Y AVG
-5.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
57.83%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-30.56%
vs the sector median at left
Market Cap
$68.11B
Gross Margin
33.77%
TTM Avg
28.03%
3Y Avg
19.99%
5Y Avg
22.65%
Market Cap
$65.84B
Gross Margin
64.02%
TTM Avg
54.63%
3Y Avg
63.79%
5Y Avg
73.13%
Market Cap
$74.73B
Gross Margin
89.33%
TTM Avg
92.05%
3Y Avg
93.13%
5Y Avg
88.79%
Market Cap
$64.49B
Gross Margin
54.75%
TTM Avg
48.48%
3Y Avg
45.30%
5Y Avg
42.21%
Market Cap
$79.77B
Gross Margin
34.73%
TTM Avg
28.04%
3Y Avg
25.19%
5Y Avg
25.54%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nu Holdings Ltd. (NU) | $70.13B | 40.16% | 43.63% | 44.23% | 42.69% |
| The Allstate Corporation (ALL)vs › | $68.11B | 33.77% | 28.03% | 19.99% | 22.65% |
| Truist Financial Corporation (TFC)vs › | $65.84B | 64.02% | 54.63% | 63.79% | 73.13% |
| Apollo Global Management, Inc. (APO)vs › | $74.73B | 89.33% | 92.05% | 93.13% | 88.79% |
| Arthur J. Gallagher & Co. (AJG)vs › | $64.49B | 54.75% | 48.48% | 45.30% | 42.21% |
| Aflac Incorporated (AFL)vs › | $63.91B | 38.93% | 37.28% | 68.64% | 79.09% |
| Aon plc (AON)vs › | $76.36B | 47.70% | 47.47% | 47.86% | 47.14% |
| MetLife, Inc. (MET)vs › | $61.94B | 36.36% | 31.77% | 29.23% | 27.71% |
| The Travelers Companies, Inc. (TRV)vs › | $79.77B | 34.73% | 28.04% | 25.19% | 25.54% |
| iShares Russell 2000 ETF (IWM)vs › | $82.45B | N/A | N/A | N/A | N/A |
Gross Margin
40.2%
(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 |
|---|---|
| 2026-03-31 | 40.16% |
| 2025-12-31 | 44.33% |
| 2025-09-30 | 46.65% |
| 2025-06-30 | 44.55% |
| 2025-03-31 | 42.43% |
| 2024-12-31 | 45.69% |
| 2024-09-30 | 46.28% |
| 2024-06-30 | 48.19% |
| 2024-03-31 | 43.48% |
| 2023-12-31 | 47.87% |
| 2023-09-30 | 42.81% |
| 2023-06-30 | 41.90% |
| 2023-03-31 | 40.71% |
| 2022-12-31 | 40.24% |
| 2022-09-30 | 32.51% |
| 2022-06-30 | 31.20% |
| 2022-03-31 | 33.11% |
| 2021-12-31 | 35.21% |
| 2021-09-30 | 47.59% |
| 2021-06-30 | 51.79% |
| 2021-03-31 | 49.79% |
| 2020-12-31 | -14.08% |
| 2020-09-30 | 41.37% |
| 2020-06-30 | 86.95% |
| 2020-03-31 | 40.70% |
