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 19.81% is in line with its 5-year average of 21.12%, near the low end of its 5-year range (15.58%–71.30%).
43.74% below its 12-month average of 35.21%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 71.30%.
GROSS MARGIN
19.81%
GROSS MARGIN AVG TTM
35.21%
GROSS MARGIN AVG 3Y
21.74%
GROSS MARGIN AVG 5Y
21.12%
GROSS MARGIN AVG 10Y
20.13%
GROSS MARGIN AVG 15Y
29.32%
GROSS MARGIN AVG 20Y
32.73%
CURRENT VS TTM AVG
-43.74%
CURRENT VS 3Y AVG
-8.86%
CURRENT VS 5Y AVG
-6.20%
CURRENT VS 10Y AVG
-1.57%
CURRENT VS 15Y AVG
-32.43%
CURRENT VS 20Y AVG
-39.48%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-66.18%
vs the sector median at left
W. R. Berkley Corporation
Market Cap
$26.02B
Gross Margin
19.81%
TTM Avg
35.21%
3Y Avg
21.74%
5Y Avg
21.12%
Market Cap
$26.06B
Gross Margin
52.29%
TTM Avg
48.41%
3Y Avg
41.92%
5Y Avg
45.37%
Market Cap
$25.71B
Gross Margin
76.85%
TTM Avg
72.50%
3Y Avg
78.47%
5Y Avg
82.29%
Market Cap
$24.87B
Gross Margin
48.54%
TTM Avg
45.39%
3Y Avg
49.23%
5Y Avg
48.30%
Market Cap
$24.72B
Gross Margin
52.26%
TTM Avg
48.14%
3Y Avg
50.84%
5Y Avg
55.56%
Market Cap
$24.22B
Gross Margin
8.67%
TTM Avg
16.13%
3Y Avg
23.51%
5Y Avg
2.92%
Market Cap
$22.77B
Gross Margin
62.67%
TTM Avg
57.30%
3Y Avg
54.80%
5Y Avg
56.34%
Market Cap
$29.31B
Gross Margin
42.06%
TTM Avg
43.33%
3Y Avg
43.29%
5Y Avg
42.49%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| W. R. Berkley Corporation (WRB) | $26.02B | 19.81% | 35.21% | 21.74% | 21.12% |
| Cincinnati Financial Corporation (CINF)vs › | $26.06B | 52.29% | 48.41% | 41.92% | 45.37% |
| Regions Financial Corporation (RF)vs › | $25.71B | 76.85% | 72.50% | 78.47% | 82.29% |
| Principal Financial Group, Inc. (PFG)vs › | $24.87B | 48.54% | 45.39% | 49.23% | 48.30% |
| Synchrony Financial (SYF)vs › | $24.72B | 52.26% | 48.14% | 50.84% | 55.56% |
| Circle Internet Group (CRCL)vs › | $24.22B | 8.67% | 16.13% | 23.51% | 2.92% |
| KeyCorp (KEY)vs › | $23.57B | 64.48% | 53.55% | 61.38% | 70.63% |
| T. Rowe Price Group, Inc. (TROW)vs › | $22.77B | 62.67% | 57.30% | 54.80% | 56.34% |
| Willis Towers Watson Public Limited Company (WTW)vs › | $29.31B | 42.06% | 43.33% | 43.29% | 42.49% |
| Cboe Global Markets, Inc. (CBOE)vs › | $29.41B | 52.29% | 49.77% | 48.59% | 45.54% |
Gross Margin
19.8%
(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 | 71.30% |
| 2026-03-31 | 47.51% |
| 2025-12-31 | 20.58% |
| 2025-09-30 | 18.23% |
| 2025-06-30 | 18.42% |
| 2025-03-31 | 22.13% |
| 2024-12-31 | 25.25% |
| 2024-09-30 | 21.09% |
| 2024-06-30 | 21.07% |
| 2024-03-31 | 23.95% |
| 2023-12-31 | 24.87% |
| 2023-09-30 | 20.66% |
| 2023-06-30 | 22.83% |
| 2023-03-31 | 20.30% |
| 2022-12-31 | 24.63% |
| 2022-09-30 | 15.58% |
| 2022-06-30 | 15.92% |
| 2022-03-31 | 30.73% |
| 2021-12-31 | 22.94% |
| 2021-09-30 | 20.64% |
| 2021-06-30 | 21.04% |
| 2021-03-31 | 20.77% |
| 2020-12-31 | 26.85% |
| 2020-09-30 | 17.64% |
| 2020-06-30 | 12.44% |
| 2020-03-31 | 6.97% |
| 2019-12-31 | 16.52% |
| 2019-09-30 | 17.47% |
| 2019-06-30 | 21.04% |
| 2019-03-31 | 19.76% |
| 2018-12-31 | 17.64% |
| 2018-09-30 | 17.87% |
| 2018-06-30 | 18.23% |
| 2018-03-31 | 18.10% |
| 2017-12-31 | 2.07% |
| 2017-09-30 | 18.17% |
| 2017-06-30 | 15.46% |
| 2017-03-31 | 16.44% |
| 2016-12-31 | 0.50% |
| 2016-09-30 | 23.06% |
| 2016-06-30 | 16.18% |
| 2016-03-31 | 23.45% |
| 2015-12-31 | 47.16% |
| 2015-09-30 | 51.41% |
| 2015-06-30 | 50.48% |
| 2015-03-31 | 49.28% |
| 2014-12-31 | 46.92% |
| 2014-09-30 | 50.54% |
| 2014-06-30 | 50.40% |
| 2014-03-31 | 50.53% |
| 2013-12-31 | 48.68% |
| 2013-09-30 | 49.86% |
| 2013-06-30 | 47.25% |
| 2013-03-31 | 49.10% |
| 2012-12-31 | 41.42% |
| 2012-09-30 | 43.91% |
| 2012-06-30 | 44.65% |
| 2012-03-31 | 47.46% |
| 2011-12-31 | 49.45% |
| 2011-09-30 | 46.55% |
| 2011-06-30 | 46.95% |
| 2011-03-31 | 50.82% |
| 2010-12-31 | 51.96% |
| 2010-09-30 | 49.16% |
| 2010-06-30 | 50.95% |
| 2010-03-31 | 52.32% |
| 2009-12-31 | 53.83% |
| 2009-09-30 | 48.43% |
| 2009-06-30 | 48.29% |
| 2009-03-31 | 36.65% |
| 2008-12-31 | 41.45% |
| 2008-09-30 | 34.23% |
| 2008-06-30 | 43.32% |
| 2008-03-31 | 26.27% |
| 2007-12-31 | 98.00% |
| 2007-09-30 | 26.15% |
| 2007-06-30 | 25.80% |
| 2007-03-31 | 49.59% |
| 2006-12-31 | 49.34% |
| 2006-09-30 | 46.52% |
| 2006-06-30 | 45.37% |
| 2006-03-31 | 22.66% |
| 2005-12-31 | 93.88% |
| 2005-09-30 | 18.07% |
| 2005-06-30 | 20.31% |
| 2005-03-31 | 20.09% |
| 2004-12-31 | 95.48% |
| 2004-09-30 | 16.60% |
| 2004-06-30 | 18.78% |
| 2004-03-31 | 20.40% |
| 2003-12-31 | 43.85% |
| 2003-09-30 | 41.81% |
| 2003-06-30 | 44.53% |
| 2003-03-31 | 43.91% |
| 2002-12-31 | 45.23% |
| 2002-09-30 | 41.84% |