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 53.91% is 13% above its 5-year average of 47.83%, around the middle of its 5-year range (7.62%–79.99%).
As of the fiscal period ended Tuesday, March 31, 2026. 15.06% above its 12-month average of 46.86%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
53.91%
GROSS MARGIN AVG TTM
46.86%
GROSS MARGIN AVG 3Y
46.86%
GROSS MARGIN AVG 5Y
48.25%
GROSS MARGIN AVG 10Y
44.68%
GROSS MARGIN AVG 15Y
45.56%
GROSS MARGIN AVG 20Y
44.44%
CURRENT VS TTM AVG
+15.06%
CURRENT VS 3Y AVG
+15.06%
CURRENT VS 5Y AVG
+11.74%
CURRENT VS 10Y AVG
+20.66%
CURRENT VS 15Y AVG
+18.34%
CURRENT VS 20Y AVG
+21.32%
SECTOR MEDIAN · FINANCIAL SERVICES
56.08%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-3.86%
vs the sector median at left
Principal Financial Group, Inc.
Market Cap
$24.64B
Gross Margin
53.91%
TTM Avg
46.86%
3Y Avg
46.86%
5Y Avg
48.25%
Market Cap
$24.96B
Gross Margin
87.68%
TTM Avg
68.27%
3Y Avg
58.37%
5Y Avg
54.11%
Market Cap
$25.09B
Gross Margin
51.04%
TTM Avg
48.14%
3Y Avg
50.84%
5Y Avg
55.56%
Market Cap
$26.07B
Gross Margin
69.05%
TTM Avg
57.30%
3Y Avg
54.80%
5Y Avg
56.34%
Market Cap
$26.69B
Gross Margin
76.85%
TTM Avg
72.50%
3Y Avg
78.47%
5Y Avg
82.29%
Market Cap
$21.71B
Gross Margin
67.31%
TTM Avg
67.68%
3Y Avg
63.66%
5Y Avg
60.20%
Market Cap
$21.47B
Gross Margin
76.02%
TTM Avg
72.40%
3Y Avg
75.46%
5Y Avg
77.83%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Principal Financial Group, Inc. (PFG) | $24.64B | 53.91% | 46.86% | 46.86% | 48.25% |
| Loews Corporation (L)vs › | $24.57B | 46.05% | 44.30% | 43.77% | 43.78% |
| KeyCorp (KEY)vs › | $24.43B | 64.48% | 53.55% | 61.38% | 70.63% |
| Brown & Brown, Inc. (BRO)vs › | $24.96B | 87.68% | 68.27% | 58.37% | 54.11% |
| Synchrony Financial (SYF)vs › | $25.09B | 51.04% | 48.14% | 50.84% | 55.56% |
| T. Rowe Price Group, Inc. (TROW)vs › | $26.07B | 69.05% | 57.30% | 54.80% | 56.34% |
| Regions Financial Corporation (RF)vs › | $26.69B | 76.85% | 72.50% | 78.47% | 82.29% |
| Global Payments Inc. (GPN)vs › | $21.71B | 67.31% | 67.68% | 63.66% | 60.20% |
| SoFi Technologies, Inc. (SOFI)vs › | $21.47B | 76.02% | 72.40% | 75.46% | 77.83% |
| Cincinnati Financial Corporation (CINF)vs › | $28.25B | 52.29% | 48.41% | 41.92% | 45.37% |
Gross Margin
53.9%
(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 |
|---|---|
| 2026-03-31 | 53.91% |
| 2025-12-31 | 46.93% |
| 2025-09-30 | 44.89% |
| 2025-06-30 | 49.61% |
| 2025-03-31 | 38.94% |
| 2024-12-31 | 52.78% |
| 2024-09-30 | 35.10% |
| 2024-06-30 | 41.49% |
| 2024-03-31 | 49.34% |
| 2023-12-31 | 7.62% |
| 2023-09-30 | 63.32% |
| 2023-06-30 | 48.62% |
| 2023-03-31 | 37.37% |
| 2022-12-31 | 39.22% |
| 2022-09-30 | 62.17% |
| 2022-06-30 | 79.99% |
| 2022-03-31 | 51.12% |
| 2021-12-31 | 47.73% |
| 2021-09-30 | 48.28% |
| 2021-06-30 | 48.78% |
| 2021-03-31 | 57.15% |
| 2020-12-31 | 47.37% |
| 2020-09-30 | 44.43% |
| 2020-06-30 | 48.59% |
| 2020-03-31 | 37.19% |
| 2019-12-31 | 40.09% |
| 2019-09-30 | 36.30% |
| 2019-06-30 | 38.43% |
| 2019-03-31 | 41.37% |
| 2018-12-31 | 35.29% |
| 2018-09-30 | 39.24% |
| 2018-06-30 | 47.47% |
| 2018-03-31 | 51.06% |
| 2017-12-31 | 44.35% |
| 2017-09-30 | 45.88% |
| 2017-06-30 | 41.52% |
| 2017-03-31 | 45.65% |
| 2016-12-31 | 39.88% |
| 2016-09-30 | 47.40% |
| 2016-06-30 | 45.14% |
| 2016-03-31 | 45.38% |
| 2015-12-31 | 45.24% |
| 2015-09-30 | 42.31% |
| 2015-06-30 | 36.96% |
| 2015-03-31 | 53.48% |
| 2014-12-31 | 44.25% |
| 2014-09-30 | 55.17% |
| 2014-06-30 | 51.34% |
| 2014-03-31 | 50.48% |
| 2013-12-31 | 47.72% |
| 2013-09-30 | 51.05% |
| 2013-06-30 | 50.43% |
| 2013-03-31 | 49.49% |
| 2012-12-31 | 49.72% |
| 2012-09-30 | 39.11% |
| 2012-06-30 | 47.61% |
| 2012-03-31 | 42.15% |
| 2011-12-31 | 45.75% |
| 2011-09-30 | 46.75% |
| 2011-06-30 | 48.01% |
| 2011-03-31 | 46.49% |
| 2010-12-31 | 40.75% |
| 2010-09-30 | 42.31% |
| 2010-06-30 | 40.14% |
| 2010-03-31 | 43.67% |
| 2009-12-31 | 38.34% |
| 2009-09-30 | 41.99% |
| 2009-06-30 | 12.09% |
| 2009-03-31 | 8.85% |
| 2008-12-31 | 33.45% |
| 2008-09-30 | 36.06% |
| 2008-06-30 | 10.59% |
| 2008-03-31 | 11.12% |
| 2007-12-31 | 33.34% |
| 2007-09-30 | 42.34% |
| 2007-06-30 | 44.04% |
| 2007-03-31 | 43.71% |
| 2006-12-31 | 40.65% |
| 2006-09-30 | 41.78% |
| 2006-06-30 | 40.66% |
| 2006-03-31 | 44.14% |
| 2005-12-31 | 47.50% |
| 2005-09-30 | 38.91% |
| 2005-06-30 | 39.25% |
| 2005-03-31 | 39.02% |
| 2004-12-31 | 51.11% |
| 2004-09-30 | 37.28% |
| 2004-06-30 | 34.56% |
| 2004-03-31 | 36.93% |
| 2003-12-31 | 55.95% |
| 2003-09-30 | 36.46% |
| 2003-06-30 | 35.48% |
| 2003-03-31 | 44.47% |
| 2002-12-31 | 54.35% |
| 2002-09-30 | 34.33% |
| 2002-06-30 | 32.03% |
