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 63.78% is 10% below its 5-year average of 70.99%, near the low end of its 5-year range (58.06%–98.77%).
0.72% above its 12-month average of 63.32%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 65.44%.
GROSS MARGIN
63.78%
GROSS MARGIN AVG TTM
63.32%
GROSS MARGIN AVG 3Y
60.39%
GROSS MARGIN AVG 5Y
70.99%
GROSS MARGIN AVG 10Y
76.91%
GROSS MARGIN AVG 15Y
79.47%
GROSS MARGIN AVG 20Y
75.29%
CURRENT VS TTM AVG
+0.72%
CURRENT VS 3Y AVG
+5.61%
CURRENT VS 5Y AVG
-10.15%
CURRENT VS 10Y AVG
-17.07%
CURRENT VS 15Y AVG
-19.74%
CURRENT VS 20Y AVG
-15.29%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+8.89%
vs the sector median at left
Market Cap
$97.65B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$97.45B
Gross Margin
67.91%
TTM Avg
62.55%
3Y Avg
69.46%
5Y Avg
75.75%
Market Cap
$96.68B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$101.21B
Gross Margin
N/A
TTM Avg
81.39%
3Y Avg
77.91%
5Y Avg
76.48%
Market Cap
$88.36B
Gross Margin
61.88%
TTM Avg
58.67%
3Y Avg
57.11%
5Y Avg
55.89%
Market Cap
$85.37B
Gross Margin
38.80%
TTM Avg
29.91%
3Y Avg
22.58%
5Y Avg
21.71%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| U.S. Bancorp (USB) | $97.89B | 63.78% | 63.32% | 60.39% | 70.99% |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $97.65B | N/A | N/A | N/A | N/A |
| The PNC Financial Services Group, Inc. (PNC)vs › | $97.45B | 67.91% | 62.55% | 69.46% | 75.75% |
| CME Group Inc. (CME)vs › | $99.08B | 81.89% | 86.11% | 85.59% | 84.50% |
| Invesco S&P 500 Equal Weight ETF (RSP)vs › | $96.68B | N/A | N/A | N/A | N/A |
| Robinhood Markets, Inc. (HOOD)vs › | $101.21B | N/A | 81.39% | 77.91% | 76.48% |
| KKR & Co. Inc. (KKR)vs › | $90.76B | 22.49% | 17.88% | 26.44% | 32.95% |
| Intercontinental Exchange, Inc. (ICE)vs › | $88.36B | 61.88% | 58.67% | 57.11% | 55.89% |
| Brookfield Corporation (BN)vs › | $85.37B | 38.80% | 29.91% | 22.58% | 21.71% |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.42B | 42.38% | 42.53% | 42.30% | 42.12% |
Gross Margin
63.8%
(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 | 65.44% |
| 2026-03-31 | 61.69% |
| 2025-12-31 | 66.85% |
| 2025-09-30 | 61.14% |
| 2025-06-30 | 61.49% |
| 2025-03-31 | 61.74% |
| 2024-12-31 | 60.19% |
| 2024-09-30 | 58.20% |
| 2024-06-30 | 58.06% |
| 2024-03-31 | 58.60% |
| 2023-12-31 | 59.90% |
| 2023-09-30 | 61.66% |
| 2023-06-30 | 61.65% |
| 2023-03-31 | 70.89% |
| 2022-12-31 | 64.16% |
| 2022-09-30 | 82.45% |
| 2022-06-30 | 89.00% |
| 2022-03-31 | 93.86% |
| 2021-12-31 | 96.28% |
| 2021-09-30 | 98.77% |
| 2021-06-30 | 98.75% |
| 2021-03-31 | 109.59% |
| 2020-12-31 | 87.64% |
| 2020-09-30 | 84.39% |
| 2020-06-30 | 64.86% |
| 2020-03-31 | 71.60% |
| 2019-12-31 | 78.43% |
| 2019-09-30 | 78.40% |
| 2019-06-30 | 78.23% |
| 2019-03-31 | 77.88% |
| 2018-12-31 | 78.73% |
| 2018-09-30 | 81.42% |
| 2018-06-30 | 83.06% |
| 2018-03-31 | 84.10% |
| 2017-12-31 | 84.94% |
| 2017-09-30 | 85.31% |
| 2017-06-30 | 86.02% |
| 2017-03-31 | 86.59% |
| 2016-12-31 | 86.89% |
| 2016-09-30 | 86.96% |
| 2016-06-30 | 87.35% |
| 2016-03-31 | 86.67% |
| 2015-12-31 | 88.32% |
| 2015-09-30 | 88.41% |
| 2015-06-30 | 88.15% |
| 2015-03-31 | 87.98% |
| 2014-12-31 | 88.19% |
| 2014-09-30 | 87.24% |
| 2014-06-30 | 87.58% |
| 2014-03-31 | 86.78% |
| 2013-12-31 | 87.21% |
| 2013-09-30 | 86.50% |
| 2013-06-30 | 85.25% |
| 2013-03-31 | 83.68% |
| 2012-12-31 | 83.30% |
| 2012-09-30 | 82.41% |
| 2012-06-30 | 81.37% |
| 2012-03-31 | 80.28% |
| 2011-12-31 | 79.41% |
| 2011-09-30 | 78.57% |
| 2011-06-30 | 77.15% |
| 2011-03-31 | 72.59% |
| 2010-12-31 | 70.67% |
| 2010-09-30 | 68.23% |
| 2010-06-30 | 65.19% |
| 2010-03-31 | 60.27% |
| 2009-12-31 | 65.36% |
| 2009-09-30 | 55.43% |
| 2009-06-30 | 52.41% |
| 2009-03-31 | 51.10% |
| 2008-12-31 | 50.33% |
| 2008-09-30 | 54.98% |
| 2008-06-30 | 62.39% |
| 2008-03-31 | 62.06% |
| 2007-12-31 | 63.87% |
| 2007-09-30 | 64.19% |
| 2007-06-30 | 64.74% |
| 2007-03-31 | 65.07% |
| 2006-12-31 | 65.67% |
| 2006-09-30 | 66.84% |
| 2006-06-30 | 69.47% |
| 2006-03-31 | 71.34% |
| 2005-12-31 | 71.16% |
| 2005-09-30 | 74.83% |
| 2005-06-30 | 76.74% |
| 2005-03-31 | 77.39% |
| 2004-12-31 | 82.69% |
| 2004-09-30 | 81.87% |
| 2004-06-30 | 80.78% |
| 2004-03-31 | 79.83% |
| 2003-12-31 | 75.06% |
| 2003-09-30 | 76.99% |
| 2003-06-30 | 77.40% |
| 2003-03-31 | 76.66% |
| 2002-12-31 | 75.17% |
| 2002-09-30 | 74.45% |
