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 45.75% is in line with its 5-year average of 47.62%, near the low end of its 5-year range (44.92%–56.83%).
0.28% below its 12-month average of 45.88%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
45.75%
GROSS MARGIN AVG TTM
45.88%
GROSS MARGIN AVG 3Y
46.04%
GROSS MARGIN AVG 5Y
47.62%
GROSS MARGIN AVG 10Y
52.04%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.28%
CURRENT VS 3Y AVG
-0.63%
CURRENT VS 5Y AVG
-3.92%
CURRENT VS 10Y AVG
-12.09%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-21.90%
vs the sector median at left
PayPal Holdings, Inc.
Market Cap
$46.49B
Gross Margin
45.75%
TTM Avg
45.88%
3Y Avg
46.04%
5Y Avg
47.62%
Market Cap
$45.72B
Gross Margin
74.79%
TTM Avg
65.11%
3Y Avg
60.06%
5Y Avg
61.52%
Market Cap
$47.52B
Gross Margin
79.01%
TTM Avg
74.69%
3Y Avg
73.28%
5Y Avg
76.72%
Market Cap
$44.57B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$49.67B
Gross Margin
68.50%
TTM Avg
62.23%
3Y Avg
67.88%
5Y Avg
74.53%
Market Cap
$50.12B
Gross Margin
50.24%
TTM Avg
50.63%
3Y Avg
51.66%
5Y Avg
52.05%
Market Cap
$42.00B
Gross Margin
30.76%
TTM Avg
27.92%
3Y Avg
27.27%
5Y Avg
29.25%
Market Cap
$39.88B
Gross Margin
38.06%
TTM Avg
34.27%
3Y Avg
27.09%
5Y Avg
41.18%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PayPal Holdings, Inc. (PYPL) | $46.49B | 45.75% | 45.88% | 46.04% | 47.62% |
| Ares Management Corporation (ARES)vs › | $45.72B | 74.79% | 65.11% | 60.06% | 61.52% |
| Coinbase Global, Inc. (COIN)vs › | $47.52B | 79.01% | 74.69% | 73.28% | 76.72% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.57B | N/A | N/A | N/A | N/A |
| Fifth Third Bancorp (FITB)vs › | $49.67B | 68.50% | 62.23% | 67.88% | 74.53% |
| Ameriprise Financial, Inc. (AMP)vs › | $50.12B | 50.24% | 50.63% | 51.66% | 52.05% |
| Prudential Financial, Inc. (PRU)vs › | $42.00B | 30.76% | 27.92% | 27.27% | 29.25% |
| MSCI Inc. (MSCI)vs › | $41.39B | 82.97% | 82.22% | 82.20% | 82.34% |
| American International Group, Inc. (AIG)vs › | $39.88B | 38.06% | 34.27% | 27.09% | 41.18% |
| State Street Corporation (STT)vs › | $53.33B | 65.27% | 59.91% | 68.29% | 78.26% |
Gross Margin
45.8%
(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 | 44.92% |
| 2026-03-31 | 45.61% |
| 2025-12-31 | 46.50% |
| 2025-09-30 | 45.99% |
| 2025-06-30 | 46.38% |
| 2025-03-31 | 47.70% |
| 2024-12-31 | 47.04% |
| 2024-09-30 | 46.57% |
| 2024-06-30 | 45.76% |
| 2024-03-31 | 44.95% |
| 2023-12-31 | 45.75% |
| 2023-09-30 | 45.42% |
| 2023-06-30 | 45.94% |
| 2023-03-31 | 47.09% |
| 2022-12-31 | 49.72% |
| 2022-09-30 | 50.99% |
| 2022-06-30 | 48.69% |
| 2022-03-31 | 50.86% |
| 2021-12-31 | 52.27% |
| 2021-09-30 | 54.19% |
| 2021-06-30 | 56.83% |
| 2021-03-31 | 57.77% |
| 2020-12-31 | 55.92% |
| 2020-09-30 | 56.66% |
| 2020-06-30 | 56.61% |
| 2020-03-31 | 49.55% |
| 2019-12-31 | 53.76% |
| 2019-09-30 | 53.38% |
| 2019-06-30 | 54.82% |
| 2019-03-31 | 54.22% |
| 2018-12-31 | 54.61% |
| 2018-09-30 | 54.90% |
| 2018-06-30 | 56.03% |
| 2018-03-31 | 57.12% |
| 2017-12-31 | 65.12% |
| 2017-09-30 | 54.77% |
| 2017-06-30 | 56.25% |
| 2017-03-31 | 56.74% |
| 2016-12-31 | 57.70% |
| 2016-09-30 | 58.72% |
| 2016-06-30 | 59.81% |
| 2016-03-31 | 60.42% |
| 2015-12-31 | 61.07% |
| 2015-09-30 | 62.27% |
| 2015-06-30 | 64.34% |
| 2015-03-31 | 64.76% |
| 2014-12-31 | 64.11% |
| 2014-09-30 | 63.70% |
| 2014-06-30 | 66.26% |
| 2014-03-31 | 65.69% |
