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 42.06% is in line with its 5-year average of 41.05%, near the low end of its 5-year range (24.59%–100.00%).
15.79% below its 12-month average of 49.95%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
42.06%
GROSS MARGIN AVG TTM
49.95%
GROSS MARGIN AVG 3Y
40.27%
GROSS MARGIN AVG 5Y
41.05%
GROSS MARGIN AVG 10Y
40.38%
GROSS MARGIN AVG 15Y
40.24%
GROSS MARGIN AVG 20Y
57.71%
CURRENT VS TTM AVG
-15.79%
CURRENT VS 3Y AVG
+4.43%
CURRENT VS 5Y AVG
+2.46%
CURRENT VS 10Y AVG
+4.15%
CURRENT VS 15Y AVG
+4.54%
CURRENT VS 20Y AVG
-27.11%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-28.19%
vs the sector median at left
Willis Towers Watson Public Limited Company
Market Cap
$29.64B
Gross Margin
42.06%
TTM Avg
49.95%
3Y Avg
40.27%
5Y Avg
41.05%
Market Cap
$29.42B
Gross Margin
72.37%
TTM Avg
63.66%
3Y Avg
68.09%
5Y Avg
73.72%
Market Cap
$30.85B
Gross Margin
52.29%
TTM Avg
49.77%
3Y Avg
48.59%
5Y Avg
45.54%
Market Cap
$25.98B
Gross Margin
52.29%
TTM Avg
48.41%
3Y Avg
41.92%
5Y Avg
45.37%
Market Cap
$25.86B
Gross Margin
19.81%
TTM Avg
21.35%
3Y Avg
21.74%
5Y Avg
20.83%
Market Cap
$33.44B
Gross Margin
37.16%
TTM Avg
37.06%
3Y Avg
34.92%
5Y Avg
34.17%
Market Cap
$33.69B
Gross Margin
83.54%
TTM Avg
86.80%
3Y Avg
89.56%
5Y Avg
91.99%
Market Cap
$33.69B
Gross Margin
63.73%
TTM Avg
59.97%
3Y Avg
67.89%
5Y Avg
73.60%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Willis Towers Watson Public Limited Company (WTW) | $29.64B | 42.06% | 49.95% | 40.27% | 41.05% |
| Citizens Financial Group, Inc. (CFG)vs › | $29.42B | 72.37% | 63.66% | 68.09% | 73.72% |
| Cboe Global Markets, Inc. (CBOE)vs › | $30.85B | 52.29% | 49.77% | 48.59% | 45.54% |
| iShares Silver Trust (SLV)vs › | $32.67B | 0.00% | 0.00% | 0.00% | 0.00% |
| Cincinnati Financial Corporation (CINF)vs › | $25.98B | 52.29% | 48.41% | 41.92% | 45.37% |
| W. R. Berkley Corporation (WRB)vs › | $25.86B | 19.81% | 21.35% | 21.74% | 20.83% |
| Arch Capital Group Ltd. (ACGL)vs › | $33.44B | 37.16% | 37.06% | 34.92% | 34.17% |
| Raymond James Financial, Inc. (RJF)vs › | $33.69B | 83.54% | 86.80% | 89.56% | 91.99% |
| Huntington Bancshares Incorporated (HBAN)vs › | $33.69B | 63.73% | 59.97% | 67.89% | 73.60% |
| Regions Financial Corporation (RF)vs › | $25.57B | 76.85% | 72.50% | 78.47% | 82.29% |
Gross Margin
42.1%
(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 | 100.00% |
| 2026-03-31 | 24.59% |
| 2025-12-31 | 50.99% |
| 2025-09-30 | 38.24% |
| 2025-06-30 | 35.91% |
| 2025-03-31 | 40.44% |
| 2024-12-31 | 54.96% |
| 2024-09-30 | 39.01% |
| 2024-06-30 | 38.32% |
| 2024-03-31 | 42.67% |
| 2023-12-31 | 81.71% |
| 2023-09-30 | 81.72% |
| 2023-06-30 | 37.61% |
| 2023-03-31 | 41.49% |
| 2022-12-31 | 53.60% |
| 2022-09-30 | 37.28% |
| 2022-06-30 | 38.01% |
| 2022-03-31 | 38.98% |
| 2021-12-31 | 53.36% |
| 2021-09-30 | 36.39% |
| 2021-06-30 | 37.02% |
| 2021-03-31 | 36.31% |
| 2020-12-31 | 48.66% |
| 2020-09-30 | 34.74% |
| 2020-06-30 | 35.49% |
| 2020-03-31 | 43.47% |
| 2019-12-31 | 50.19% |
| 2019-09-30 | 35.50% |
| 2019-06-30 | 37.60% |
| 2019-03-31 | 41.70% |
| 2018-12-31 | 48.02% |
| 2018-09-30 | 33.41% |
| 2018-06-30 | 35.93% |
| 2018-03-31 | 39.92% |
| 2017-12-31 | 39.32% |
| 2017-09-30 | 34.56% |
| 2017-06-30 | 37.99% |
| 2017-03-31 | 45.97% |
| 2016-12-31 | 41.52% |
| 2016-09-30 | 37.03% |
| 2016-06-30 | 38.38% |
| 2016-03-31 | 46.46% |
| 2015-12-31 | 37.58% |
| 2015-09-30 | 32.62% |
| 2015-06-30 | 39.15% |
| 2015-03-31 | 47.84% |
| 2014-12-31 | 37.37% |
| 2014-09-30 | 29.93% |
| 2014-06-30 | 38.50% |
| 2014-03-31 | 48.04% |
| 2013-12-31 | 38.08% |
| 2013-09-30 | 31.95% |
| 2013-06-30 | 40.56% |
| 2013-03-31 | 45.96% |
| 2012-12-31 | -184.16% |
| 2012-09-30 | 33.42% |
| 2012-06-30 | 40.62% |
| 2012-03-31 | 50.05% |
| 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 | 77.37% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 79.79% |
| 2007-06-30 | 81.79% |
| 2007-03-31 | 84.98% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 74.59% |
| 2006-06-30 | 81.79% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 81.72% |
| 2005-06-30 | 82.15% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |