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 83.02% is in line with its 5-year average of 84.77%, around the middle of its 5-year range (70.85%–97.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.17% below its 12-month average of 86.64%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
83.02%
GROSS MARGIN AVG TTM
86.64%
GROSS MARGIN AVG 3Y
79.52%
GROSS MARGIN AVG 5Y
84.77%
GROSS MARGIN AVG 10Y
89.63%
GROSS MARGIN AVG 15Y
94.39%
GROSS MARGIN AVG 20Y
94.08%
CURRENT VS TTM AVG
-4.17%
CURRENT VS 3Y AVG
+4.41%
CURRENT VS 5Y AVG
-2.06%
CURRENT VS 10Y AVG
-7.37%
CURRENT VS 15Y AVG
-12.04%
CURRENT VS 20Y AVG
-11.75%
SECTOR MEDIAN · FINANCIAL SERVICES
56.08%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+48.05%
vs the sector median at left
The Charles Schwab Corporation
Market Cap
$183.04B
Gross Margin
83.02%
TTM Avg
86.64%
3Y Avg
79.52%
5Y Avg
84.77%
Market Cap
$168.80B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$152.97B
Gross Margin
93.34%
TTM Avg
89.41%
3Y Avg
87.13%
5Y Avg
83.57%
Market Cap
$227.76B
Gross Margin
83.11%
TTM Avg
82.56%
3Y Avg
84.69%
5Y Avg
86.88%
Market Cap
$128.10B
Gross Margin
47.33%
TTM Avg
49.06%
3Y Avg
56.35%
5Y Avg
64.03%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Charles Schwab Corporation (SCHW) | $183.04B | 83.02% | 86.64% | 79.52% | 84.77% |
| BlackRock, Inc. (BLK)vs › | $169.50B | 46.70% | 48.06% | 48.19% | 49.07% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $168.80B | N/A | N/A | N/A | N/A |
| Blackstone Inc. (BX)vs › | $155.00B | 84.07% | 91.07% | 93.02% | 94.64% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $152.97B | 93.34% | 89.41% | 87.13% | 83.57% |
| American Express Company (AXP)vs › | $227.76B | 83.11% | 82.56% | 84.69% | 86.88% |
| Citigroup Inc. (C)vs › | $228.52B | 44.55% | 43.10% | 49.78% | 59.91% |
| Chubb Limited (CB)vs › | $135.66B | 29.45% | 29.13% | 27.76% | 26.38% |
| Capital One Financial Corporation (COF)vs › | $128.10B | 47.33% | 49.06% | 56.35% | 64.03% |
| The Progressive Corporation (PGR)vs › | $123.76B | 26.91% | 28.60% | 22.84% | 24.41% |
Gross Margin
83.0%
(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 | 83.02% |
| 2026-03-31 | 88.79% |
| 2025-12-31 | 88.39% |
| 2025-09-30 | 87.13% |
| 2025-06-30 | 85.84% |
| 2025-03-31 | 84.20% |
| 2024-12-31 | 80.12% |
| 2024-09-30 | 73.97% |
| 2024-06-30 | 73.87% |
| 2024-03-31 | 73.57% |
| 2023-12-31 | 70.85% |
| 2023-09-30 | 72.01% |
| 2023-06-30 | 71.95% |
| 2023-03-31 | 80.41% |
| 2022-12-31 | 87.16% |
| 2022-09-30 | 92.75% |
| 2022-06-30 | 96.81% |
| 2022-03-31 | 97.17% |
| 2021-12-31 | 97.39% |
| 2021-09-30 | 97.38% |
| 2021-06-30 | 97.38% |
| 2021-03-31 | 97.84% |
| 2020-12-31 | 97.75% |
| 2020-09-30 | 96.38% |
| 2020-06-30 | 96.19% |
| 2020-03-31 | 95.06% |
| 2019-12-31 | 93.94% |
| 2019-09-30 | 91.22% |
| 2019-06-30 | 89.40% |
| 2019-03-31 | 89.57% |
| 2018-12-31 | 90.26% |
| 2018-09-30 | 91.88% |
| 2018-06-30 | 93.14% |
| 2018-03-31 | 93.82% |
| 2017-12-31 | 94.96% |
| 2017-09-30 | 95.84% |
| 2017-06-30 | 96.64% |
| 2017-03-31 | 97.43% |
| 2016-12-31 | 97.77% |
| 2016-09-30 | 97.65% |
| 2016-06-30 | 97.75% |
| 2016-03-31 | 97.89% |
| 2015-12-31 | 97.92% |
| 2015-09-30 | 97.91% |
| 2015-06-30 | 97.93% |
| 2015-03-31 | 98.13% |
| 2014-12-31 | 98.54% |
| 2014-09-30 | 98.29% |
| 2014-06-30 | 98.26% |
| 2014-03-31 | 98.27% |
| 2013-12-31 | 98.22% |
| 2013-09-30 | 98.21% |
| 2013-06-30 | 98.09% |
| 2013-03-31 | 97.89% |
| 2012-12-31 | 97.22% |
| 2012-09-30 | 96.87% |
| 2012-06-30 | 97.06% |
| 2012-03-31 | 96.90% |
| 2011-12-31 | 96.49% |
| 2011-09-30 | 96.47% |
| 2011-06-30 | 96.37% |
| 2011-03-31 | 96.44% |
| 2010-12-31 | 80.93% |
| 2010-09-30 | 95.11% |
| 2010-06-30 | 96.03% |
| 2010-03-31 | 95.15% |
| 2009-12-31 | 97.94% |
| 2009-09-30 | 94.28% |
| 2009-06-30 | 94.90% |
| 2009-03-31 | 96.57% |
| 2008-12-31 | 96.18% |
| 2008-09-30 | 96.28% |
| 2008-06-30 | 96.25% |
| 2008-03-31 | 93.49% |
| 2007-12-31 | 91.06% |
| 2007-09-30 | 88.97% |
| 2007-06-30 | 88.02% |
| 2007-03-31 | 87.35% |
| 2006-12-31 | 107.52% |
| 2006-09-30 | 85.35% |
| 2006-06-30 | 86.68% |
| 2006-03-31 | 87.47% |
| 2005-12-31 | 85.26% |
| 2005-09-30 | 86.47% |
| 2005-06-30 | 86.68% |
| 2005-03-31 | 88.47% |
| 2004-12-31 | 91.38% |
| 2004-09-30 | 93.28% |
| 2004-06-30 | 95.30% |
| 2004-03-31 | 95.35% |
| 2003-12-31 | 95.07% |
| 2003-09-30 | 95.03% |
| 2003-06-30 | 94.09% |
| 2003-03-31 | 93.36% |
| 2002-12-31 | 93.17% |
| 2002-09-30 | 92.30% |
