PNFP Pinnacle Financial Partners margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 83

Gross margin

100%

Operating margin

32.1%

EBITDA margin

39.5%

Net margin

25.6%

For this period, Pinnacle Financial Partners reports a gross margin of 100%, an operating margin of 32.1%, an EBITDA margin of 39.5%, and a net margin of 25.6%. The main decline was in EBITDA margin, down 8.2 percentage points; the remaining margins remained unchanged.

PNFP margin history

Gross, operating, EBITDA and net margin trends

Pinnacle Financial Partners's margins averaged 100% gross, 36.81% operating, 43.89% EBITDA, and 29.69% net during the last 3 years. Against the three-year averages, operating, EBITDA, and net margins are below their three-year averages.

PNFP margin expansion

Year-over-year margin changes in percentage points

Operating margin contracted by 8.1 percentage points, EBITDA margin by 8.2 percentage points, and net margin by 7.5 percentage points. Gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

-8.1pp

EBITDA margin expansion

-8.2pp

Net margin expansion

-7.5pp

PNFP Gross margin

The average gross margin for Pinnacle Financial Partners was 100% in the last 3 years. At present, the current gross margin for Pinnacle Financial Partners is 100%, in line with its three-year average. The gross margin for Pinnacle Financial Partners moved between 100% in Dec 2023 and 100% in Sep 2026.

PNFP Operating margin

Across the last 3 years, Pinnacle Financial Partners's operating margin stood at 36.81%. The current operating margin stands at 32.1%, 4.7 percentage points below its three-year average. Operating margin was highest at 44.6% in Dec 2023 and lowest at 30.2% in Mar 2026.

PNFP EBITDA margin

Pinnacle Financial Partners recorded an average EBITDA margin of 43.89% across the last 3 years. Pinnacle Financial Partners currently reports an EBITDA margin of 39.5%, 4.4 percentage points below its three-year average. The highest EBITDA margin for Pinnacle Financial Partners was 49.5% in Dec 2023, while the lowest was 37.9% in Jun 2026.

PNFP Net margin

In the last 3 years, Pinnacle Financial Partners had an average net margin of 29.69%. The latest net margin for Pinnacle Financial Partners is 25.6%, 4.1 percentage points below its three-year average. Looking back over the last 3 years, Pinnacle Financial Partners's net margin reached 35.1% at its highest point in Dec 2023 and 24.7% at its lowest in Mar 2026.

PNFP margin group comparison

Margins compared with peer-group, industry and sector averages

Pinnacle Financial Partners's gross margin of 100% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 83.5%, Pinnacle Financial Partners's gross margin is 20% higher.

PNFP margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Pinnacle Financial Partners's gross margin?

For the period ending Sep 30, 2026, PNFP recorded a gross margin of 100%.

What is Pinnacle Financial Partners's operating margin?

For the period ending Sep 30, 2026, PNFP recorded an operating margin of 32.1%.

What is Pinnacle Financial Partners's EBITDA margin?

For the period ending Sep 30, 2026, PNFP recorded an EBITDA margin of 39.5%.

What is Pinnacle Financial Partners's net margin?

As of Sep 30, 2026, PNFP has a net margin of 25.6%.

What are the average margins of PNFP?

Over the last 3 years, Pinnacle Financial Partners's margins averaged 100.0% gross, 36.8% operating, 43.9% EBITDA, and 29.7% net.

What are the highest historical margins of PNFP?

Across the 5-year period, PNFP posted its highest margins at 100% gross in Sep 2026, 49.7% operating in Dec 2021, 53.7% EBITDA in Dec 2021, and 40.2% net in Dec 2021.

What are the lowest historical margins of PNFP?

Within the 5-year period, PNFP recorded its lowest margins at 100% gross in Dec 2021, 30.2% operating in Mar 2026, 37.9% EBITDA in Jun 2026, and 24.7% net in Mar 2026.