Schwab Charles (SCHW) Net Margin (2009 - 2026)
Schwab Charles (SCHW) posted Net Margin of 37.91% for Q2 2026, up 2.52% on a QoQ basis from 36.98% in Q1 2026, and up 412.0% year-over-year from 7.4% in Q2 2025.
Analysis
Schwab Charles (SCHW) Net Margin (2009 - 2026) Analysis & Trends
Schwab Charles has reported Net Margin for 18 years, with the latest figure at 37.91% in Q2 2026.
- On a quarterly basis, Net Margin rose 412.0% year-over-year to 37.91% in Q2 2026; TTM through Jun 2026 was 37.36%, a 596.0% increase from a year earlier, with the FY2025 full-year figure at 35.19%, up 725.0% from the prior year.
- Net Margin was 37.91% for Q2 2026 at Schwab Charles, up from 36.98% in the prior quarter.
- The five-year high for Net Margin was 37.91% in Q2 2026, with the low at 20.77% in Q4 2023.
- Average Net Margin over 5 years is 30.65%, with a median of 32.15% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 1236 bps in 2023, then soared 1145 bps in 2024.
- Over 5 years, Net Margin stood at 33.13% in 2022, then slumped by 37 bps to 20.77% in 2023, then surged by 55 bps to 32.22% in 2024, then climbed by 16 bps to 37.36% in 2025, then grew by 1 bps to 37.91% in 2026.
- The last three Net Margin figures came in at 37.91% (Q2 2026), 36.98% (Q1 2026), and 37.36% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 27.72% |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 25.46% |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 31.46% |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 32.48% |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 27.23% |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | 11.41% |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 15.84% |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 26.78% |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 37.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.91% |
| Mar 31, 2026 | 36.98% |
| Dec 31, 2025 | 37.36% |
| Sep 30, 2025 | 37.11% |
| Jun 30, 2025 | 33.79% |
| Mar 31, 2025 | 32.08% |
| Dec 31, 2024 | 32.22% |
| Sep 30, 2024 | 26.80% |
| Jun 30, 2024 | 25.82% |
| Mar 31, 2024 | 26.39% |
| Dec 31, 2023 | 20.77% |
| Sep 30, 2023 | 22.08% |
| Jun 30, 2023 | 25.19% |
| Mar 31, 2023 | 29.96% |
| Dec 31, 2022 | 33.13% |
| Sep 30, 2022 | 34.25% |
| Jun 30, 2022 | 32.44% |
| Mar 31, 2022 | 27.35% |
| Dec 31, 2021 | 30.78% |
| Sep 30, 2021 | 30.77% |