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 17.21% is in line with its 5-year average of 17.98%, around the middle of its 5-year range (13.56%–24.11%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.84% below its 12-month average of 17.53%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
17.21%
GROSS MARGIN AVG TTM
17.53%
GROSS MARGIN AVG 3Y
17.68%
GROSS MARGIN AVG 5Y
17.98%
GROSS MARGIN AVG 10Y
18.26%
GROSS MARGIN AVG 15Y
18.60%
GROSS MARGIN AVG 20Y
25.89%
CURRENT VS TTM AVG
-1.84%
CURRENT VS 3Y AVG
-2.65%
CURRENT VS 5Y AVG
-4.30%
CURRENT VS 10Y AVG
-5.73%
CURRENT VS 15Y AVG
-7.47%
CURRENT VS 20Y AVG
-33.53%
SECTOR MEDIAN · FINANCIAL SERVICES
56.95%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-69.78%
vs the sector median at left
American Financial Group, Inc.
Market Cap
$12.10B
Gross Margin
17.21%
TTM Avg
17.53%
3Y Avg
17.68%
5Y Avg
17.98%
Market Cap
$11.67B
Gross Margin
8.01%
TTM Avg
16.79%
3Y Avg
15.69%
5Y Avg
14.69%
Market Cap
$10.72B
Gross Margin
5.09%
TTM Avg
14.04%
3Y Avg
8.10%
5Y Avg
5.40%
Market Cap
$10.16B
Gross Margin
51.38%
TTM Avg
53.39%
3Y Avg
53.22%
5Y Avg
52.82%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Financial Group, Inc. (AFG) | $12.10B | 17.21% | 17.53% | 17.68% | 17.98% |
| Erie Indemnity Company (ERIE)vs › | $11.67B | 8.01% | 16.79% | 15.69% | 14.69% |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.72B | 5.09% | 14.04% | 8.10% | 5.40% |
| Invesco Ltd. (IVZ)vs › | $14.00B | 43.18% | 38.30% | 37.99% | 38.66% |
| FactSet Research Systems Inc. (FDS)vs › | $10.16B | 51.38% | 53.39% | 53.22% | 52.82% |
| Hut 8 Corp. (HUT)vs › | $9.97B | -614.63% | -284.00% | -118.53% | -106.51% |
| Globe Life Inc. (GL)vs › | $14.27B | 33.40% | 32.88% | 31.34% | 30.90% |
| Assurant, Inc. (AIZ)vs › | $14.35B | 77.83% | 76.93% | 77.01% | 64.48% |
| Everest Group, Ltd. (EG)vs › | $14.84B | 20.52% | 17.50% | 16.91% | 15.85% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.51B | 50.05% | 47.66% | 42.81% | 40.23% |
Gross Margin
17.2%
(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 | 17.21% |
| 2025-12-31 | 22.64% |
| 2025-09-30 | 15.58% |
| 2025-06-30 | 17.05% |
| 2025-03-31 | 15.19% |
| 2024-12-31 | 19.37% |
| 2024-09-30 | 13.97% |
| 2024-06-30 | 18.72% |
| 2024-03-31 | 19.88% |
| 2023-12-31 | 20.85% |
| 2023-09-30 | 14.25% |
| 2023-06-30 | 17.60% |
| 2023-03-31 | 17.53% |
| 2022-12-31 | 21.65% |
| 2022-09-30 | 13.56% |
| 2022-06-30 | 14.35% |
| 2022-03-31 | 21.24% |
| 2021-12-31 | 14.96% |
| 2021-09-30 | 16.24% |
| 2021-06-30 | 21.71% |
| 2021-03-31 | 24.11% |
| 2020-12-31 | 36.83% |
| 2020-09-30 | -1.22% |
| 2020-06-30 | 18.19% |
| 2020-03-31 | -22.56% |
| 2019-12-31 | 17.98% |
| 2019-09-30 | 14.37% |
| 2019-06-30 | 19.39% |
| 2019-03-31 | 26.63% |
| 2018-12-31 | 3.43% |
| 2018-09-30 | 17.78% |
| 2018-06-30 | 19.91% |
| 2018-03-31 | 16.92% |
| 2017-12-31 | 23.45% |
| 2017-09-30 | 8.83% |
| 2017-06-30 | 19.20% |
| 2017-03-31 | 20.88% |
| 2016-12-31 | 24.93% |
| 2016-09-30 | 17.30% |
| 2016-06-30 | 14.93% |
| 2016-03-31 | 17.15% |
| 2015-12-31 | 19.25% |
| 2015-09-30 | 12.45% |
| 2015-06-30 | 21.13% |
| 2015-03-31 | 9.79% |
| 2014-12-31 | 17.79% |
| 2014-09-30 | 14.93% |
| 2014-06-30 | 16.02% |
| 2014-03-31 | 20.56% |
| 2013-12-31 | 25.04% |
| 2013-09-30 | 17.88% |
| 2013-06-30 | 18.88% |
| 2013-03-31 | 23.69% |
| 2012-12-31 | 23.22% |
| 2012-09-30 | 26.20% |
| 2012-06-30 | 20.73% |
| 2012-03-21 | 22.82% |
| 2011-12-31 | 341.93% |
| 2011-09-30 | 38.05% |
| 2011-06-30 | 38.15% |
| 2011-03-31 | 41.96% |
| 2010-12-31 | 67.30% |
| 2010-09-30 | 44.46% |
| 2010-06-30 | 46.10% |
| 2010-03-31 | 46.13% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 51.33% |
| 2009-06-30 | 88.14% |
| 2009-03-31 | 48.01% |
| 2008-12-31 | 58.05% |
| 2008-09-30 | 33.34% |
| 2008-06-30 | 44.47% |
| 2008-03-31 | 47.76% |
| 2007-12-31 | 55.03% |
| 2007-09-30 | 44.60% |
| 2007-06-30 | 47.68% |
| 2007-03-31 | 49.45% |
| 2006-12-31 | 58.68% |
| 2006-09-30 | 31.54% |
| 2006-06-30 | 29.17% |
| 2006-03-31 | 47.69% |
| 2005-12-31 | -46780.53% |
| 2005-09-30 | 12.24% |
| 2005-06-30 | 28.96% |
| 2005-03-31 | 42.77% |
| 2004-12-31 | -53112.36% |
| 2004-09-30 | 50.27% |
| 2004-06-30 | 43.37% |
| 2004-03-31 | 44.94% |
| 2003-12-31 | -50092.57% |
| 2003-09-30 | 42.65% |
| 2003-06-30 | 72.90% |
| 2003-03-31 | 69.13% |
| 2002-12-31 | 90.87% |
| 2002-09-30 | 36.14% |
| 2002-06-30 | 31.89% |
