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 84.35% is in line with its 5-year average of 85.48%, near the low end of its 5-year range (80.92%–102.63%).
0.45% above its 12-month average of 83.97%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
84.35%
GROSS MARGIN AVG TTM
83.97%
GROSS MARGIN AVG 3Y
82.60%
GROSS MARGIN AVG 5Y
85.48%
GROSS MARGIN AVG 10Y
85.31%
GROSS MARGIN AVG 15Y
86.67%
GROSS MARGIN AVG 20Y
86.34%
CURRENT VS TTM AVG
+0.45%
CURRENT VS 3Y AVG
+2.12%
CURRENT VS 5Y AVG
-1.33%
CURRENT VS 10Y AVG
-1.13%
CURRENT VS 15Y AVG
-2.68%
CURRENT VS 20Y AVG
-2.30%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+44.00%
vs the sector median at left
American Express Company
Market Cap
$218.30B
Gross Margin
84.35%
TTM Avg
83.97%
3Y Avg
82.60%
5Y Avg
85.48%
Market Cap
$202.42B
Gross Margin
54.21%
TTM Avg
46.33%
3Y Avg
53.84%
5Y Avg
61.73%
Market Cap
$187.32B
Gross Margin
86.67%
TTM Avg
80.92%
3Y Avg
82.18%
5Y Avg
87.13%
Market Cap
$170.49B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$271.01B
Gross Margin
64.50%
TTM Avg
63.48%
3Y Avg
70.30%
5Y Avg
75.77%
Market Cap
$158.46B
Gross Margin
93.34%
TTM Avg
89.41%
3Y Avg
87.13%
5Y Avg
83.57%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Express Company (AXP) | $218.30B | 84.35% | 83.97% | 82.60% | 85.48% |
| The Toronto-Dominion Bank (TD)vs › | $202.42B | 54.21% | 46.33% | 53.84% | 61.73% |
| Citigroup Inc. (C)vs › | $237.22B | 46.63% | 43.13% | 49.79% | 59.91% |
| The Charles Schwab Corporation (SCHW)vs › | $187.32B | 86.67% | 80.92% | 82.18% | 87.13% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $170.49B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK)vs › | $167.91B | 46.70% | 48.06% | 48.19% | 49.07% |
| Wells Fargo & Company (WFC)vs › | $271.01B | 64.50% | 63.48% | 70.30% | 75.77% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $158.46B | 93.34% | 89.41% | 87.13% | 83.57% |
| Blackstone Inc. (BX)vs › | $157.38B | 88.82% | 91.07% | 93.02% | 94.64% |
| The Goldman Sachs Group, Inc. (GS)vs › | $305.40B | 47.48% | 44.30% | 48.82% | 60.59% |
Gross Margin
84.3%
(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 | 85.91% |
| 2026-03-31 | 84.56% |
| 2025-12-31 | 83.49% |
| 2025-09-30 | 83.37% |
| 2025-06-30 | 82.53% |
| 2025-03-31 | 83.54% |
| 2024-12-31 | 82.67% |
| 2024-09-30 | 81.37% |
| 2024-06-30 | 81.89% |
| 2024-03-31 | 81.61% |
| 2023-12-31 | 80.92% |
| 2023-09-30 | 82.36% |
| 2023-06-30 | 82.85% |
| 2023-03-31 | 84.17% |
| 2022-12-31 | 85.25% |
| 2022-09-30 | 89.00% |
| 2022-06-30 | 93.86% |
| 2022-03-31 | 97.61% |
| 2021-12-31 | 97.22% |
| 2021-09-30 | 98.98% |
| 2021-06-30 | 102.63% |
| 2021-03-31 | 103.19% |
| 2020-12-31 | 97.14% |
| 2020-09-30 | 87.97% |
| 2020-06-30 | 74.50% |
| 2020-03-31 | 69.78% |
| 2019-12-31 | 85.00% |
| 2019-09-30 | 85.20% |
| 2019-06-30 | 85.06% |
| 2019-03-31 | 84.87% |
| 2018-12-31 | 84.16% |
| 2018-09-30 | 85.40% |
| 2018-06-30 | 85.84% |
| 2018-03-31 | 86.50% |
| 2017-12-31 | 85.00% |
| 2017-09-30 | 86.43% |
| 2017-06-30 | 88.61% |
| 2017-03-31 | 88.90% |
| 2016-12-31 | 87.69% |
| 2016-09-30 | 88.62% |
| 2016-06-30 | 90.79% |
| 2016-03-31 | 90.06% |
| 2015-12-31 | 88.87% |
| 2015-09-30 | 89.20% |
| 2015-06-30 | 89.87% |
| 2015-03-31 | 90.07% |
| 2014-12-31 | 88.74% |
| 2014-09-30 | 89.59% |
| 2014-06-30 | 89.73% |
| 2014-03-31 | 89.27% |
| 2013-12-31 | 89.00% |
| 2013-09-30 | 89.72% |
| 2013-06-30 | 88.44% |
| 2013-03-31 | 88.87% |
| 2012-12-31 | 86.39% |
| 2012-09-30 | 87.68% |
| 2012-06-30 | 88.13% |
| 2012-03-31 | 87.92% |
| 2011-12-31 | 88.17% |
| 2011-09-30 | 89.88% |
| 2011-06-30 | 88.60% |
| 2011-03-31 | 90.95% |
| 2010-12-31 | 89.11% |
| 2010-09-30 | 87.04% |
| 2010-06-30 | 82.98% |
| 2010-03-31 | 78.47% |
| 2009-12-31 | 83.63% |
| 2009-09-30 | 73.76% |
| 2009-06-30 | 67.90% |
| 2009-03-31 | 63.62% |
| 2008-12-31 | 71.91% |
| 2008-09-30 | 72.13% |
| 2008-06-30 | 67.37% |
| 2008-03-31 | 73.43% |
| 2007-12-31 | 87.67% |
| 2007-09-30 | 87.33% |
| 2007-06-30 | 86.96% |
| 2007-03-31 | 76.77% |
| 2006-12-31 | 77.63% |
| 2006-09-30 | 78.35% |
| 2006-06-30 | 89.21% |
| 2006-03-31 | 80.13% |
| 2005-12-31 | 96.13% |
| 2005-09-30 | 96.05% |
| 2005-06-30 | 96.15% |
| 2005-03-31 | 87.39% |
| 2004-12-31 | 96.93% |
| 2004-09-30 | 96.33% |
| 2004-06-30 | 97.11% |
| 2004-03-31 | 97.06% |
| 2003-12-31 | 97.10% |
| 2003-09-30 | 96.28% |
| 2003-06-30 | 96.37% |
| 2003-03-31 | 96.18% |
| 2002-12-31 | 95.64% |
| 2002-09-30 | 95.53% |
