Gross Margin: 58.23%
Is the gross margin high or low?
The gross margin of 58.23% is 178% above its 5-year average of 20.96%, near the high end of its 5-year range (-911.21%–98.69%).
As of Sunday, June 28, 2026. 5.58% above its 12-month average of 55.15%.
WASH Gross Margin
Reported quarterly gross margin; no daily interpolation.
WASH Average Gross Margin Chart
WASH Current vs Average Gross Margin Chart
WASH Gross Margin Metrics
GROSS MARGIN
58.23%
GROSS MARGIN AVG TTM
55.15%
GROSS MARGIN AVG 3Y
51.99%
GROSS MARGIN AVG 5Y
67.57%
GROSS MARGIN AVG 10Y
74.40%
GROSS MARGIN AVG 15Y
81.64%
GROSS MARGIN AVG 20Y
72.99%
CURRENT VS TTM AVG
+5.58%
CURRENT VS 3Y AVG
+12.00%
CURRENT VS 5Y AVG
-13.83%
CURRENT VS 10Y AVG
-21.74%
CURRENT VS 15Y AVG
-28.68%
CURRENT VS 20Y AVG
-20.23%
WASH Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Washington Trust Bancorp, Inc. (WASH) | $703.33M | 58.23% | 55.15% | 51.99% | 67.57% |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.36M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $532.47M | 74.93% | 74.93% | 74.92% | 76.18% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $529.65M | 83.53% | 87.03% | 83.31% | 84.77% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.08B | -21.00% | 0.40% | 20.36% | 39.09% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 84.12% | 83.56% | 104.03% | 81.56% |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 71.36% | 67.59% | 75.75% | 78.81% |
| Franklin Universal Trust (FT)vs › | $202.31M | 86.88% | 93.67% | 108.72% | 144.02% |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 38.92% | 69.46% | 98.20% | 97.31% |
| DeFi Technologies Inc. (DEFT)vs › | $157.96M | 70.40% | 81.72% | 89.54% | 76.36% |
Gross Margin Analysis
Gross Margin
58.2%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
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
Gross Margin FAQ
- What is the gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The gross margin for WASH stock is 58.23%.
- Is Washington Trust Bancorp, Inc.'s gross margin high or low?
- The gross margin of 58.23% is 178% above its 5-year average of 20.96%, near the high end of its 5-year range (-911.21%–98.69%).
- What is the TTM average gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The TTM average gross margin for WASH stock is 55.15%.
- What is the 3Y average gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The 3Y average gross margin for WASH stock is 51.99%.
- What is the 5Y average gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The 5Y average gross margin for WASH stock is 67.57%.
- What is the 10Y average gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The 10Y average gross margin for WASH stock is 74.40%.
- What is the 15Y average gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The 15Y average gross margin for WASH stock is 81.64%.
- What is the 20Y average gross margin for Washington Trust Bancorp, Inc. (WASH)?
- The 20Y average gross margin for WASH stock is 72.99%.
WASH Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 58.23% |
| 2025-12-31 | 57.70% |
| 2025-09-30 | 50.38% |
| 2025-06-30 | 55.94% |
| 2025-03-31 | 53.49% |
| 2024-12-31 | -911.21% |
| 2024-09-30 | 46.54% |
| 2024-06-30 | 45.99% |
| 2024-03-31 | 45.88% |
| 2023-12-31 | 46.02% |
| 2023-09-30 | 50.52% |
| 2023-06-30 | 52.62% |
| 2023-03-31 | 60.55% |
| 2022-12-31 | 71.91% |
| 2022-09-30 | 83.96% |
| 2022-06-30 | 97.38% |
| 2022-03-31 | 93.63% |
| 2021-12-31 | 98.69% |
| 2021-09-30 | 93.78% |
| 2021-06-30 | 93.18% |
| 2021-03-31 | 95.02% |
| 2020-12-31 | 86.44% |
| 2020-09-30 | 84.16% |
| 2020-06-30 | 79.88% |
| 2020-03-31 | 67.86% |
| 2019-12-31 | 75.96% |
| 2019-09-30 | 75.03% |
| 2019-06-30 | 74.41% |
| 2019-03-31 | 75.20% |
| 2018-12-31 | 76.96% |
| 2018-09-30 | 80.02% |
| 2018-06-30 | 82.16% |
| 2018-03-31 | 84.71% |
| 2017-12-31 | 85.03% |
| 2017-09-30 | 83.48% |
| 2017-06-30 | 85.27% |
| 2017-03-31 | 85.28% |
| 2016-12-31 | 82.15% |
| 2016-09-30 | 84.83% |
| 2016-06-30 | 87.83% |
| 2016-03-31 | 87.98% |
| 2015-12-31 | 87.21% |
| 2015-09-30 | 87.41% |
| 2015-06-30 | 88.08% |
| 2015-03-31 | 87.79% |
| 2014-12-31 | 86.55% |
| 2014-09-30 | 86.23% |
| 2014-06-30 | 86.89% |
| 2014-03-31 | 86.10% |
| 2013-12-31 | 85.34% |
| 2013-09-30 | 84.76% |
| 2013-06-30 | 83.53% |
| 2013-03-31 | 82.79% |
| 2012-12-31 | 80.85% |
| 2012-09-30 | 81.74% |
| 2012-06-30 | 80.92% |
| 2012-03-31 | 79.03% |
| 2011-12-31 | 78.96% |
| 2011-09-30 | 77.12% |
| 2011-06-30 | 75.94% |
| 2011-03-31 | 73.51% |
| 2010-12-31 | 73.69% |
| 2010-09-30 | 71.91% |
| 2010-06-30 | 68.12% |
| 2010-03-31 | 65.35% |
| 2009-12-31 | 61.77% |
| 2009-09-30 | 60.49% |
| 2009-06-30 | 56.96% |
| 2009-03-31 | 55.72% |
| 2008-12-31 | 52.13% |
| 2008-09-30 | 56.90% |
| 2008-06-30 | 59.39% |
| 2008-03-31 | 55.84% |
| 2007-12-31 | 54.36% |
| 2007-09-30 | 58.17% |
| 2007-06-30 | 57.22% |
| 2007-03-31 | 57.95% |
| 2006-12-31 | 57.31% |
| 2006-09-30 | 59.13% |
| 2006-06-30 | 59.92% |
| 2006-03-31 | 60.16% |
| 2005-12-31 | 61.82% |
| 2005-09-30 | 61.87% |
| 2005-06-30 | 61.41% |
| 2005-03-31 | 61.45% |
| 2004-12-31 | 63.19% |
| 2004-09-30 | 64.73% |
| 2004-06-30 | 66.67% |
| 2004-03-31 | 66.72% |
| 2003-12-31 | 66.79% |
| 2003-09-30 | 67.71% |
| 2003-06-30 | 66.91% |
| 2003-03-31 | 64.35% |
| 2002-12-31 | 61.67% |
| 2002-09-30 | 61.84% |
| 2002-06-30 | 60.81% |
Related Metrics
About Washington Trust Bancorp, Inc.
Washington Trust Bancorp, Inc. functions as the holding company for The Washington Trust Company, delivering a diverse range of banking and financial solutions to individuals and corporate clients. The company is structured into two primary divisions: Commercial Banking and Wealth Management Services. The Commercial Banking division extends a wide array of credit products to businesses and individuals. This includes financing for commercial real estate (like mortgages and construction projects), commercial and industrial ventures, residential properties (such as mortgages and home construction), and various consumer needs, including home equity lines, personal installment loans, and even loans for general aviation aircraft. Alongside lending, it provides a comprehensive suite of deposit options, including interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, retirement accounts, and certificates of deposit. Customers also benefit from modern banking conveniences such as debit cards, ATMs, telephone banking, online and mobile platforms, remote deposit capture, and tailored cash management services. The Wealth Management Services segment delivers specialized financial guidance, encompassing investment management, financial planning, and comprehensive trust and estate services for both individual and institutional clients. These services include acting as a trustee, personal representative, custodian, and guardian, managing the settlement of estates, and offering institutional custody and fiduciary support. Additionally, the company operates as a licensed broker-dealer, making available products like variable annuities and college savings plans. As of December 31, 2021, its physical presence included 10 branch locations across southern Rhode Island, 13 within the broader Providence metropolitan area in Rhode Island, and a single branch in southeastern Connecticut. Established in 1800, Washington Trust Bancorp, Inc. has its headquarters in Westerly, Rhode Island.
- Sector
- Financial Services
- Industry
- Banks - Regional
- CEO
- Edward Otis Handy