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 47.70% is in line with its 5-year average of 46.41%, near the low end of its 5-year range (32.09%–114.63%).
35.97% below its 12-month average of 74.50%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
47.70%
GROSS MARGIN AVG TTM
74.50%
GROSS MARGIN AVG 3Y
46.55%
GROSS MARGIN AVG 5Y
46.41%
GROSS MARGIN AVG 10Y
44.70%
GROSS MARGIN AVG 15Y
43.72%
GROSS MARGIN AVG 20Y
61.83%
CURRENT VS TTM AVG
-35.97%
CURRENT VS 3Y AVG
+2.46%
CURRENT VS 5Y AVG
+2.79%
CURRENT VS 10Y AVG
+6.72%
CURRENT VS 15Y AVG
+9.11%
CURRENT VS 20Y AVG
-22.85%
SECTOR MEDIAN · FINANCIAL SERVICES
57.83%
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
-17.52%
vs the sector median at left
Market Cap
$65.28B
Gross Margin
33.23%
TTM Avg
28.03%
3Y Avg
19.99%
5Y Avg
22.65%
Market Cap
$62.76B
Gross Margin
54.75%
TTM Avg
48.48%
3Y Avg
45.30%
5Y Avg
42.21%
Market Cap
$62.48B
Gross Margin
64.02%
TTM Avg
54.63%
3Y Avg
63.79%
5Y Avg
73.13%
Market Cap
$75.44B
Gross Margin
95.50%
TTM Avg
95.56%
3Y Avg
94.88%
5Y Avg
89.96%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $64.63B | 47.70% | 74.50% | 46.55% | 46.41% |
| The Allstate Corporation (ALL)vs › | $65.28B | 33.23% | 28.03% | 19.99% | 22.65% |
| Arthur J. Gallagher & Co. (AJG)vs › | $62.76B | 54.75% | 48.48% | 45.30% | 42.21% |
| Truist Financial Corporation (TFC)vs › | $62.48B | 64.02% | 54.63% | 63.79% | 73.13% |
| MetLife, Inc. (MET)vs › | $61.57B | 36.36% | 31.77% | 29.23% | 27.71% |
| Aflac Incorporated (AFL)vs › | $58.40B | 38.93% | 37.28% | 68.64% | 79.09% |
| VanEck Semiconductor ETF (SMH)vs › | $72.38B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $72.65B | 44.03% | 45.39% | 42.27% | 41.02% |
| Apollo Global Management, Inc. (APO)vs › | $75.44B | 95.50% | 95.56% | 94.88% | 89.96% |
| State Street Corporation (STT)vs › | $53.11B | 65.27% | 59.91% | 68.29% | 78.26% |
Gross Margin
47.7%
(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 | 114.63% |
| 2026-03-31 | 87.66% |
| 2025-12-31 | 83.53% |
| 2025-09-30 | 43.48% |
| 2025-06-30 | 43.20% |
| 2025-03-31 | 52.44% |
| 2024-12-31 | 48.88% |
| 2024-09-30 | 42.22% |
| 2024-06-30 | 43.35% |
| 2024-03-31 | 53.73% |
| 2023-12-31 | 50.49% |
| 2023-09-30 | 42.94% |
| 2023-06-30 | 44.79% |
| 2023-03-31 | 53.71% |
| 2022-12-31 | 50.83% |
| 2022-09-30 | 43.18% |
| 2022-06-30 | 45.06% |
| 2022-03-31 | 51.85% |
| 2021-12-31 | 49.48% |
| 2021-09-30 | 32.09% |
| 2021-06-30 | 43.59% |
| 2021-03-31 | 51.23% |
| 2020-12-31 | 44.86% |
| 2020-09-30 | 41.84% |
| 2020-06-30 | 45.49% |
| 2020-03-31 | 52.72% |
| 2019-12-31 | 44.51% |
| 2019-09-30 | 42.50% |
| 2019-06-30 | 42.40% |
| 2019-03-31 | 49.60% |
| 2018-12-31 | 42.20% |
| 2018-09-30 | 40.74% |
| 2018-06-30 | 41.66% |
| 2018-03-31 | 47.70% |
| 2017-12-31 | 39.77% |
| 2017-09-30 | 38.97% |
| 2017-06-30 | 38.09% |
| 2017-03-31 | 38.30% |
| 2016-12-31 | 40.84% |
| 2016-09-30 | 40.94% |
| 2016-06-30 | 38.83% |
| 2016-03-31 | 40.91% |
| 2015-12-31 | 43.52% |
| 2015-09-30 | 40.04% |
| 2015-06-30 | 41.07% |
| 2015-03-31 | 40.89% |
| 2014-12-31 | 43.98% |
| 2014-09-30 | 40.73% |
| 2014-06-30 | 41.49% |
| 2014-03-31 | 40.58% |
| 2013-12-31 | 42.60% |
| 2013-09-30 | 40.37% |
| 2013-06-30 | 40.90% |
| 2013-03-31 | 40.82% |
| 2012-12-31 | -115.38% |
| 2012-09-30 | 40.81% |
| 2012-06-30 | 41.90% |
| 2012-03-31 | 41.53% |
| 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% |
