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 99.56% is 133% above its 5-year average of 42.65%, near the high end of its 5-year range (25.76%–99.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 66.21% above its 12-month average of 59.90%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
99.56%
GROSS MARGIN AVG TTM
59.90%
GROSS MARGIN AVG 3Y
35.17%
GROSS MARGIN AVG 5Y
36.87%
GROSS MARGIN AVG 10Y
39.28%
GROSS MARGIN AVG 15Y
39.54%
GROSS MARGIN AVG 20Y
59.48%
CURRENT VS TTM AVG
+66.21%
CURRENT VS 3Y AVG
+183.05%
CURRENT VS 5Y AVG
+170.00%
CURRENT VS 10Y AVG
+153.49%
CURRENT VS 15Y AVG
+151.82%
CURRENT VS 20Y AVG
+67.38%
SECTOR MEDIAN · FINANCIAL SERVICES
56.95%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+74.80%
vs the sector median at left
Market Cap
$12.10B
Gross Margin
18.07%
TTM Avg
17.70%
3Y Avg
17.65%
5Y Avg
16.32%
Market Cap
$11.67B
Gross Margin
8.01%
TTM Avg
16.79%
3Y Avg
15.69%
5Y Avg
14.69%
Market Cap
$17.22B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.72B
Gross Margin
5.09%
TTM Avg
14.04%
3Y Avg
8.10%
5Y Avg
5.40%
Market Cap
$17.55B
Gross Margin
80.34%
TTM Avg
80.22%
3Y Avg
81.03%
5Y Avg
81.34%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invesco Ltd. (IVZ) | $14.00B | 99.56% | 59.90% | 35.17% | 36.87% |
| 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% |
| American Financial Group, Inc. (AFG)vs › | $12.10B | 18.07% | 17.70% | 17.65% | 16.32% |
| Erie Indemnity Company (ERIE)vs › | $11.67B | 8.01% | 16.79% | 15.69% | 14.69% |
| WisdomTree U.S. Quality Dividend Growth Fund (DGRW)vs › | $17.22B | N/A | N/A | N/A | N/A |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.72B | 5.09% | 14.04% | 8.10% | 5.40% |
| Franklin Resources, Inc. (BEN)vs › | $17.55B | 80.34% | 80.22% | 81.03% | 81.34% |
| Circle Internet Group (CRCL)vs › | $17.82B | 15.75% | 16.13% | 23.51% | 2.92% |
Gross Margin
99.6%
(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 | 99.56% |
| 2026-03-31 | 65.53% |
| 2025-12-31 | 66.96% |
| 2025-09-30 | 34.17% |
| 2025-06-30 | 33.28% |
| 2025-03-31 | 36.33% |
| 2024-12-31 | 37.83% |
| 2024-09-30 | 25.76% |
| 2024-06-30 | 36.11% |
| 2024-03-31 | 33.80% |
| 2023-12-31 | 34.33% |
| 2023-09-30 | 35.74% |
| 2023-06-30 | 34.97% |
| 2023-03-31 | 35.28% |
| 2022-12-31 | 36.85% |
| 2022-09-30 | 39.68% |
| 2022-06-30 | 42.35% |
| 2022-03-31 | 41.97% |
| 2021-12-31 | 43.35% |
| 2021-09-30 | 41.54% |
| 2021-06-30 | 40.36% |
| 2021-03-31 | 39.03% |
| 2020-12-31 | 38.99% |
| 2020-09-30 | 38.21% |
| 2020-06-30 | 36.67% |
| 2020-03-31 | 41.40% |
| 2019-12-31 | 43.30% |
| 2019-09-30 | 42.40% |
| 2019-06-30 | 39.30% |
| 2019-03-31 | 38.31% |
| 2018-12-31 | 43.50% |
| 2018-09-30 | 41.22% |
| 2018-06-30 | 42.08% |
| 2018-03-31 | 40.68% |
| 2017-12-31 | 43.82% |
| 2017-09-30 | 42.55% |
| 2017-06-30 | 41.64% |
| 2017-03-31 | 37.38% |
| 2016-12-31 | 42.37% |
| 2016-09-30 | 41.15% |
| 2016-06-30 | 41.26% |
| 2016-03-31 | 39.79% |
| 2015-12-31 | 41.52% |
| 2015-09-30 | 42.69% |
| 2015-06-30 | 42.30% |
| 2015-03-31 | 41.16% |
| 2014-12-31 | 42.02% |
| 2014-09-30 | 41.72% |
| 2014-06-30 | 41.58% |
| 2014-03-31 | 39.54% |
| 2013-12-31 | 40.45% |
| 2013-09-30 | 39.31% |
| 2013-06-30 | 39.23% |
| 2013-03-31 | 38.18% |
| 2012-12-31 | -138.77% |
| 2012-09-30 | 36.74% |
| 2012-06-30 | 37.45% |
| 2012-03-31 | 38.51% |
| 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 | 135.58% |
| 2007-06-30 | 135.50% |
| 2007-03-31 | 134.22% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.01% |
| 2006-03-31 | 56.63% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 21.13% |
| 2005-06-30 | 24.48% |
| 2005-03-31 | 24.07% |
| 2004-12-31 | 25.10% |
| 2004-09-30 | 18.33% |
| 2004-06-30 | 26.52% |
| 2004-03-31 | 26.13% |
| 2003-12-31 | 29.10% |
| 2003-09-30 | 28.73% |
| 2003-06-30 | 26.49% |
| 2003-03-31 | 21.87% |
| 2002-12-31 | 24.67% |
| 2002-09-30 | 27.04% |
