SCHW Charles Schwab margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 94

Gross margin

100%

Operating margin

51%

EBITDA margin

56%

Net margin

39.3%

Current Charles Schwab reports a gross margin of 100%, an operating margin of 51%, an EBITDA margin of 56%, and a net margin of 39.3%. Operating margin expanded by 4.8 percentage points, while other available margins were unchanged.

SCHW margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Charles Schwab's margins averaged 100% gross, 41.92% operating, 48.43% EBITDA, and 32.63% net. Currently, operating, EBITDA, and net margins are above their three-year averages.

SCHW margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 4.8 percentage points, EBITDA margin by 3.8 percentage points, and net margin by 3.4 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

4.8pp

EBITDA margin expansion

3.8pp

Net margin expansion

3.4pp

SCHW Gross margin

The average gross margin for Charles Schwab was 100% across the past 3 years. Right now, the current gross margin for Charles Schwab is 100%, in line with its three-year average. The gross margin for Charles Schwab moved between 100% in Dec 2023 and 100% in Sep 2026.

SCHW Operating margin

Charles Schwab recorded an average operating margin of 41.92% across the last 3 years. Charles Schwab currently reports an operating margin of 51%, 9.1 percentage points above its three-year average. Over the last 3 years, Charles Schwab's operating margin peaked at 51% in Sep 2026 and reached a low of 32.9% in Mar 2024.

SCHW EBITDA margin

Over the last 3 years, Charles Schwab's EBITDA margin averaged 48.43%. At present, Charles Schwab's current EBITDA margin is 56%, which is 7.6 percentage points above its three-year average. During this period, EBITDA margin reached a high of 56% in Sep 2026 and a low of 40.4% in Mar 2024.

SCHW Net margin

Charles Schwab's net margin averaged 32.63% over the last 3 years. Compared with its three-year average, Charles Schwab's current net margin is 39.3% and is 6.7 percentage points above its three-year average. Over the last 3 years, Charles Schwab's net margin peaked at 39.3% in Sep 2026 and reached a low of 26.1% in Mar 2024.

SCHW margin group comparison

Margins compared with peer-group, industry and sector averages

Charles Schwab's gross margin of 100% is higher than the Financial Services sector, the industry and its peers average. Looking at the Financial Services sector average of 83.5%, Charles Schwab's gross margin is 20% higher.

SCHW margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Charles Schwab's gross margin?

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

What is Charles Schwab's operating margin?

The current operating margin for SCHW is 51% as of Sep 30, 2026.

What is Charles Schwab's EBITDA margin?

As of Sep 30, 2026, SCHW has an EBITDA margin of 56%.

What is Charles Schwab's net margin?

As of Sep 30, 2026, SCHW has a net margin of 39.3%.

What are the average margins of SCHW?

The three-year average margins for SCHW were 100.0% gross, 41.9% operating, 48.4% EBITDA, and 32.6% net.

What are the highest historical margins of SCHW?

Over this 5-year history, SCHW peaked at 100% gross in Sep 2026, 51% operating in Sep 2026, 56% EBITDA in Sep 2026, and 39.3% net in Sep 2026.

What are the lowest historical margins of SCHW?

In the last 5 years, the lowest margins reported by SCHW were 100% gross in Dec 2021, 32.9% operating in Mar 2024, 40.4% EBITDA in Mar 2024, and 26.1% net in Mar 2024.