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 57.54% is 22% below its 5-year average of 74.10%, around the middle of its 5-year range (14.19%–100.00%).
As of the fiscal period ended Tuesday, March 31, 2026. 41.33% above its 12-month average of 40.72%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
57.54%
GROSS MARGIN AVG TTM
40.72%
GROSS MARGIN AVG 3Y
58.16%
GROSS MARGIN AVG 5Y
74.10%
GROSS MARGIN AVG 10Y
100.00%
GROSS MARGIN AVG 15Y
100.00%
GROSS MARGIN AVG 20Y
100.00%
CURRENT VS TTM AVG
+41.33%
CURRENT VS 3Y AVG
-1.06%
CURRENT VS 5Y AVG
-22.34%
CURRENT VS 10Y AVG
-42.46%
CURRENT VS 15Y AVG
-42.46%
CURRENT VS 20Y AVG
-42.46%
SECTOR MEDIAN · FINANCIAL SERVICES
56.08%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+2.61%
vs the sector median at left
Aflac Incorporated
Market Cap
$63.93B
Gross Margin
57.54%
TTM Avg
40.72%
3Y Avg
58.16%
5Y Avg
74.10%
Market Cap
$63.65B
Gross Margin
54.75%
TTM Avg
48.48%
3Y Avg
45.30%
5Y Avg
42.21%
Market Cap
$64.49B
Gross Margin
64.02%
TTM Avg
54.63%
3Y Avg
63.79%
5Y Avg
73.13%
Market Cap
$66.92B
Gross Margin
39.83%
TTM Avg
28.03%
3Y Avg
19.99%
5Y Avg
22.65%
Market Cap
$70.69B
Gross Margin
89.33%
TTM Avg
92.05%
3Y Avg
93.13%
5Y Avg
88.79%
Market Cap
$74.01B
Gross Margin
71.84%
TTM Avg
70.61%
3Y Avg
74.03%
5Y Avg
78.48%
Market Cap
$52.03B
Gross Margin
68.50%
TTM Avg
62.23%
3Y Avg
67.88%
5Y Avg
74.53%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aflac Incorporated (AFL) | $63.93B | 57.54% | 40.72% | 58.16% | 74.10% |
| Arthur J. Gallagher & Co. (AJG)vs › | $63.65B | 54.75% | 48.48% | 45.30% | 42.21% |
| Truist Financial Corporation (TFC)vs › | $64.49B | 64.02% | 54.63% | 63.79% | 73.13% |
| MetLife, Inc. (MET)vs › | $61.02B | 28.40% | 31.77% | 29.23% | 27.71% |
| The Allstate Corporation (ALL)vs › | $66.92B | 39.83% | 28.03% | 19.99% | 22.65% |
| Nu Holdings Ltd. (NU)vs › | $68.24B | 43.74% | 45.39% | 42.27% | 41.02% |
| Apollo Global Management, Inc. (APO)vs › | $70.69B | 89.33% | 92.05% | 93.13% | 88.79% |
| Brookfield Asset Management Ltd. (BAM)vs › | $74.01B | 71.84% | 70.61% | 74.03% | 78.48% |
| Fifth Third Bancorp (FITB)vs › | $52.03B | 68.50% | 62.23% | 67.88% | 74.53% |
| Nasdaq, Inc. (NDAQ)vs › | $51.48B | 47.93% | 44.16% | 41.97% | 40.05% |
Gross Margin
57.5%
(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 | 57.54% |
| 2025-12-31 | 59.91% |
| 2025-09-30 | 43.90% |
| 2025-06-30 | 28.05% |
| 2025-03-31 | 14.19% |
| 2024-12-31 | 45.96% |
| 2024-09-30 | 15.78% |
| 2024-06-30 | 45.26% |
| 2024-03-31 | 45.48% |
| 2023-12-31 | 100.00% |
| 2023-09-30 | 100.00% |
| 2023-06-30 | 100.00% |
| 2023-03-31 | 100.00% |
| 2022-12-31 | 100.00% |
| 2022-09-30 | 100.00% |
| 2022-06-30 | 100.00% |
| 2022-03-31 | 100.00% |
| 2021-12-31 | 100.00% |
| 2021-09-30 | 100.00% |
| 2021-06-30 | 100.00% |
| 2021-03-31 | 100.00% |
| 2020-12-31 | 100.00% |
| 2020-09-30 | 100.00% |
| 2020-06-30 | 100.00% |
| 2020-03-31 | 100.00% |
| 2019-12-31 | 100.00% |
| 2019-09-30 | 100.00% |
| 2019-06-30 | 100.00% |
| 2019-03-31 | 100.00% |
| 2018-12-31 | 100.00% |
| 2018-09-30 | 100.00% |
| 2018-06-30 | 100.00% |
| 2018-03-31 | 100.00% |
| 2017-12-31 | 100.00% |
| 2017-09-30 | 100.00% |
| 2017-06-30 | 100.00% |
| 2017-03-31 | 100.00% |
| 2016-12-31 | 100.00% |
| 2016-09-30 | 100.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 100.00% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
| 2002-06-30 | 100.00% |
