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 87.68% is 78% above its 5-year average of 49.30%, near the high end of its 5-year range (43.06%–87.68%).
53.56% above its 12-month average of 57.10%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 50.00%.
GROSS MARGIN
87.68%
GROSS MARGIN AVG TTM
57.10%
GROSS MARGIN AVG 3Y
49.53%
GROSS MARGIN AVG 5Y
49.30%
GROSS MARGIN AVG 10Y
47.48%
GROSS MARGIN AVG 15Y
47.92%
GROSS MARGIN AVG 20Y
63.25%
CURRENT VS TTM AVG
+53.56%
CURRENT VS 3Y AVG
+77.01%
CURRENT VS 5Y AVG
+77.84%
CURRENT VS 10Y AVG
+84.68%
CURRENT VS 15Y AVG
+82.99%
CURRENT VS 20Y AVG
+38.62%
SECTOR MEDIAN · FINANCIAL SERVICES
57.83%
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+51.62%
vs the sector median at left
Brown & Brown, Inc.
Market Cap
$22.26B
Gross Margin
87.68%
TTM Avg
57.10%
3Y Avg
49.53%
5Y Avg
49.30%
Market Cap
$22.23B
Gross Margin
76.46%
TTM Avg
72.40%
3Y Avg
75.46%
5Y Avg
77.83%
Market Cap
$21.91B
Gross Margin
68.14%
TTM Avg
66.49%
3Y Avg
65.55%
5Y Avg
64.20%
Market Cap
$21.60B
Gross Margin
72.57%
TTM Avg
67.68%
3Y Avg
63.66%
5Y Avg
60.20%
Market Cap
$23.09B
Gross Margin
62.67%
TTM Avg
57.30%
3Y Avg
54.80%
5Y Avg
56.34%
Market Cap
$24.41B
Gross Margin
48.54%
TTM Avg
45.39%
3Y Avg
49.23%
5Y Avg
48.30%
Market Cap
$24.86B
Gross Margin
8.67%
TTM Avg
16.13%
3Y Avg
23.51%
5Y Avg
2.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brown & Brown, Inc. (BRO) | $22.26B | 87.68% | 57.10% | 49.53% | 49.30% |
| SoFi Technologies, Inc. (SOFI)vs › | $22.23B | 76.46% | 72.40% | 75.46% | 77.83% |
| Loews Corporation (L)vs › | $22.36B | 46.96% | 44.30% | 43.77% | 43.78% |
| Tradeweb Markets Inc. (TW)vs › | $21.91B | 68.14% | 66.49% | 65.55% | 64.20% |
| Global Payments Inc. (GPN)vs › | $21.60B | 72.57% | 67.68% | 63.66% | 60.20% |
| T. Rowe Price Group, Inc. (TROW)vs › | $23.09B | 62.67% | 57.30% | 54.80% | 56.34% |
| KeyCorp (KEY)vs › | $23.45B | 64.48% | 53.55% | 61.38% | 70.63% |
| Principal Financial Group, Inc. (PFG)vs › | $24.41B | 48.54% | 45.39% | 49.23% | 48.30% |
| Circle Internet Group (CRCL)vs › | $24.86B | 8.67% | 16.13% | 23.51% | 2.92% |
| Synchrony Financial (SYF)vs › | $25.17B | 52.26% | 48.14% | 50.84% | 55.56% |
Gross Margin
87.7%
(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 | 50.00% |
| 2026-03-31 | 52.29% |
| 2025-12-31 | 83.82% |
| 2025-09-30 | 50.62% |
| 2025-06-30 | 48.76% |
| 2025-03-31 | 50.69% |
| 2024-12-31 | 46.46% |
| 2024-09-30 | 48.82% |
| 2024-06-30 | 49.31% |
| 2024-03-31 | 48.99% |
| 2023-12-31 | 43.06% |
| 2023-09-30 | 50.09% |
| 2023-06-30 | 48.84% |
| 2023-03-31 | 48.47% |
| 2022-12-31 | 46.75% |
| 2022-09-30 | 49.23% |
| 2022-06-30 | 50.89% |
| 2022-03-31 | 49.24% |
| 2021-12-31 | 43.52% |
| 2021-09-30 | 48.71% |
| 2021-06-30 | 45.52% |
| 2021-03-31 | 47.26% |
| 2020-12-31 | 41.03% |
| 2020-09-30 | 45.97% |
| 2020-06-30 | 42.07% |
| 2020-03-31 | 49.80% |
| 2019-12-31 | 42.01% |
| 2019-09-30 | 46.37% |
| 2019-06-30 | 45.96% |
| 2019-03-31 | 46.10% |
| 2018-12-31 | 45.23% |
| 2018-09-30 | 49.41% |
| 2018-06-30 | 46.63% |
| 2018-03-31 | 45.86% |
| 2017-12-31 | 45.45% |
| 2017-09-30 | 48.15% |
| 2017-06-30 | 47.38% |
| 2017-03-31 | 44.70% |
| 2016-12-31 | 46.34% |
| 2016-09-30 | 48.52% |
| 2016-06-30 | 48.14% |
| 2016-03-31 | 46.95% |
| 2015-12-31 | 47.19% |
| 2015-09-30 | 49.95% |
| 2015-06-30 | 47.85% |
| 2015-03-31 | 47.58% |
| 2014-12-31 | 46.66% |
| 2014-09-30 | 51.71% |
| 2014-06-30 | 50.24% |
| 2014-03-31 | 49.14% |
| 2013-12-31 | 47.12% |
| 2013-09-30 | 49.60% |
| 2013-06-30 | 49.56% |
| 2013-03-31 | 52.22% |
| 2012-12-31 | -108.48% |
| 2012-09-30 | 50.48% |
| 2012-06-30 | 48.01% |
| 2012-03-31 | 49.55% |
| 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 | -94.10% |
| 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% |
