Charles Schwab profit margin SCHW
Gross, operating and net profit as a share of revenue over the last twelve months, from 1999.
- Net margin, 12 months
- 39.3%
- Net margin on a year earlier
- +3.4 pts
- Peer median
- 28.7%
Over the twelve months to Sep 30, 2026, Charles Schwab kept 39.3% of its revenue as net profit.
Five years earlier its net margin was 30.1%.
The median for 6 capital markets stocks of a similar size is 28.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 37.0% |
| FY2024 | 30.3% |
| FY2023 | 26.9% |
| FY2022 | 34.6% |
| FY2021 | 31.6% |
| FY2020 | 28.2% |
| FY2019 | 34.5% |
| FY2018 | 34.6% |
| FY2017 | 27.3% |
| FY2016 | 25.3% |
| FY2015 | 22.7% |
| FY2014 | 21.8% |
| FY2013 | 19.7% |
| FY2012 | 19.0% |
| FY2011 | 18.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q3 FY26 | 39.3% | +3.4 pts | |
| Q2 FY26 | 38.8% | +5.1 pts | |
| Q1 FY26 | 38.0% | +6.3 pts | |
| Q4 FY25 | 37.0% | +6.7 pts | |
| Q3 FY25 | 35.9% | +8.5 pts | |
| Q2 FY25 | 33.7% | +7.4 pts | |
| Q1 FY25 | 31.7% | +5.6 pts | |
| Q4 FY24 | 30.3% | +3.4 pts | |
| Q3 FY24 | 27.5% | −2.7 pts | |
| Q2 FY24 | 26.3% | −6.9 pts | |
| Q1 FY24 | 26.1% | −8.7 pts | |
| Q4 FY23 | 26.9% | −7.7 pts |
Against its peers
Companies in Financial - Capital Markets nearest Charles Schwab's size, closest first, today.
| Company | Profit margin |
|---|---|
| SCHWCharles Schwab | 39.3% |
| GSGoldman Sachs | 31.8% |
| MSMorgan Stanley | 25.5% |
| HOODRobinhood Markets | 42.0% |
| TWTradeweb Markets | 40.7% |
| LPLALPL Financial | 5.1% |
| CRCLCircle Internet | 15.5% |
| Peer median | 28.7% |
Where Charles Schwab ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Charles Schwab
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.