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 70.90% is in line with its 5-year average of 69.22%, around the middle of its 5-year range (65.43%–74.69%).
0.20% above its 12-month average of 70.76%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 71.90%.
GROSS MARGIN
70.90%
GROSS MARGIN AVG TTM
70.76%
GROSS MARGIN AVG 3Y
69.37%
GROSS MARGIN AVG 5Y
69.22%
GROSS MARGIN AVG 10Y
70.53%
GROSS MARGIN AVG 15Y
69.31%
GROSS MARGIN AVG 20Y
66.95%
CURRENT VS TTM AVG
+0.20%
CURRENT VS 3Y AVG
+2.21%
CURRENT VS 5Y AVG
+2.43%
CURRENT VS 10Y AVG
+0.52%
CURRENT VS 15Y AVG
+2.30%
CURRENT VS 20Y AVG
+5.90%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+21.04%
vs the sector median at left
Market Cap
$125.21B
Gross Margin
47.33%
TTM Avg
49.06%
3Y Avg
56.35%
5Y Avg
64.03%
Market Cap
$125.59B
Gross Margin
26.91%
TTM Avg
28.60%
3Y Avg
22.84%
5Y Avg
24.41%
Market Cap
$128.36B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$105.57B
Gross Margin
48.94%
TTM Avg
47.46%
3Y Avg
56.97%
5Y Avg
69.84%
Market Cap
$97.05B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$96.56B
Gross Margin
N/A
TTM Avg
81.39%
3Y Avg
77.91%
5Y Avg
76.48%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| S&P Global Inc. (SPGI) | $119.88B | 70.90% | 70.76% | 69.37% | 69.22% |
| Capital One Financial Corporation (COF)vs › | $125.21B | 47.33% | 49.06% | 56.35% | 64.03% |
| The Progressive Corporation (PGR)vs › | $125.59B | 26.91% | 28.60% | 22.84% | 24.41% |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $128.36B | N/A | N/A | N/A | N/A |
| Chubb Limited (CB)vs › | $131.34B | 29.45% | 29.13% | 27.76% | 26.38% |
| Bank of New York Mellon Corp (BNY)vs › | $105.57B | 48.94% | 47.46% | 56.97% | 69.84% |
| CME Group Inc. (CME)vs › | $98.19B | 81.89% | 86.11% | 85.59% | 84.50% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.05B | N/A | N/A | N/A | N/A |
| Robinhood Markets, Inc. (HOOD)vs › | $96.56B | N/A | 81.39% | 77.91% | 76.48% |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $96.14B | N/A | N/A | N/A | N/A |
Gross Margin
70.9%
(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 | 71.90% |
| 2026-03-31 | 70.39% |
| 2025-12-31 | 70.12% |
| 2025-09-30 | 71.17% |
| 2025-06-30 | 70.20% |
| 2025-03-31 | 69.47% |
| 2024-12-31 | 68.99% |
| 2024-09-30 | 70.01% |
| 2024-06-30 | 69.43% |
| 2024-03-31 | 68.18% |
| 2023-12-31 | 67.26% |
| 2023-09-30 | 67.74% |
| 2023-06-30 | 66.91% |
| 2023-03-31 | 65.57% |
| 2022-12-31 | 65.54% |
| 2022-09-30 | 65.43% |
| 2022-06-30 | 66.35% |
| 2022-03-31 | 68.65% |
| 2021-12-31 | 71.65% |
| 2021-09-30 | 73.98% |
| 2021-06-30 | 74.69% |
| 2021-03-31 | 73.86% |
| 2020-12-31 | 70.06% |
| 2020-09-30 | 71.99% |
| 2020-06-30 | 74.63% |
| 2020-03-31 | 71.00% |
| 2019-12-31 | 73.26% |
| 2019-09-30 | 71.58% |
| 2019-06-30 | 72.36% |
| 2019-03-31 | 69.89% |
| 2018-12-31 | 73.31% |
| 2018-09-30 | 73.48% |
| 2018-06-30 | 72.59% |
| 2018-03-31 | 72.56% |
| 2017-12-31 | 72.81% |
| 2017-09-30 | 72.31% |
| 2017-06-30 | 71.37% |
| 2017-03-31 | 71.71% |
| 2016-12-31 | 70.98% |
| 2016-09-30 | 70.05% |
| 2016-06-30 | 68.35% |
| 2016-03-31 | 66.22% |
| 2015-12-31 | 67.03% |
| 2015-09-30 | 68.35% |
| 2015-06-30 | 69.30% |
| 2015-03-31 | 67.79% |
| 2014-12-31 | 67.29% |
| 2014-09-30 | 68.17% |
| 2014-06-30 | 66.49% |
| 2014-03-31 | 64.72% |
| 2013-12-31 | 66.40% |
| 2013-09-30 | 65.41% |
| 2013-06-30 | 68.40% |
| 2013-03-31 | 68.33% |
| 2012-12-31 | -4.65% |
| 2012-09-30 | 38.35% |
| 2012-06-30 | 46.61% |
| 2012-03-31 | 50.64% |
| 2011-12-31 | 61.01% |
| 2011-09-30 | 62.74% |
| 2011-06-30 | 60.98% |
| 2011-03-31 | 59.13% |
| 2010-12-31 | 61.41% |
| 2010-09-30 | 63.05% |
| 2010-06-30 | 61.95% |
| 2010-03-31 | 60.00% |
| 2009-12-31 | 60.43% |
| 2009-09-30 | 60.77% |
| 2009-06-30 | 60.24% |
| 2009-03-31 | 57.42% |
| 2008-12-31 | 55.87% |
| 2008-09-30 | 63.50% |
| 2008-06-30 | 61.79% |
| 2008-03-31 | 58.26% |
| 2007-12-31 | 60.40% |
| 2007-09-30 | 64.95% |
| 2007-06-30 | 63.05% |
| 2007-03-31 | 61.09% |
| 2006-12-31 | 61.93% |
| 2006-09-30 | 64.25% |
| 2006-06-30 | 61.61% |
| 2006-03-31 | 57.79% |
| 2005-12-31 | 61.78% |
| 2005-09-30 | 63.48% |
| 2005-06-30 | 60.55% |
| 2005-03-31 | 58.14% |
| 2004-12-31 | 59.82% |
| 2004-09-30 | 63.31% |
| 2004-06-30 | 61.08% |
| 2004-03-31 | 58.53% |
| 2003-12-31 | 59.22% |
| 2003-09-30 | 59.90% |
| 2003-06-30 | 58.37% |
| 2003-03-31 | 56.26% |
| 2002-12-31 | 57.95% |
| 2002-09-30 | 58.36% |
