KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
EBIT MarginEBITDA MarginEBT MarginFCF MarginFCF Payout RatioInterest Coverage RatioNet MarginReturn on SalesTimes Interest Earned

Fifth Third Bancorp (FITB) Gross Margin (2019 - 2024)

Fifth Third Bancorp (FITB) has disclosed Gross Margin for 6 consecutive years, with 83.85% as the latest value for Q3 2024.

  • Quarterly Gross Margin rose 734.0% to 83.85% in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 80.13% through Sep 2024, up 224.0% year-over-year, with the annual reading at 78.16% for FY2023, 180.0% down from the prior year.
  • Gross Margin hit 83.85% in Q3 2024 for Fifth Third Bancorp, up from 78.21% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 86.58% in Q2 2021 to a low of 75.52% in Q3 2022.
  • Historically, Gross Margin has averaged 80.45% across 5 years, with a median of 79.31% in 2020.
  • Biggest five-year swings in Gross Margin: surged 1228bps in 2020 and later tumbled -540bps in 2022.
  • Year by year, Gross Margin stood at 79.31% in 2020, then dropped by -2bps to 77.42% in 2021, then increased by 1bps to 77.86% in 2022, then grew by 2bps to 79.45% in 2023, then grew by 6bps to 83.85% in 2024.
  • Business Quant data shows Gross Margin for FITB at 83.85% in Q3 2024, 78.21% in Q2 2024, and 78.81% in Q1 2024.