Schwab Charles (SCHW) Net Margin (2009 - 2026)
Schwab Charles (SCHW) posted quarterly Net Margin of 36.98% for Q1 2026, up 490.0% year-over-year from 6.27% in Q1 2025, and down 1.01% quarter-over-quarter from 37.36% in Q4 2025.
Schwab Charles (SCHW) Net Margin (2009 - 2026) Analysis & Trends
Schwab Charles' Net Margin history runs 18 years deep, the most recent figure standing at 36.98% for Q1 2026.
- In Q1 2026, Net Margin rose 490.0% year-over-year to 36.98%; the TTM figure through Mar 2026 stood at 36.36% (up 693.0% YoY), while the FY2025 annual figure was 35.19%, up 725.0% from the prior year.
- Net Margin for Q1 2026 stood at 36.98%, down from 37.36% in the prior quarter.
- The five-year high for Net Margin was 37.36% in Q4 2025, with the low at 20.77% in Q4 2023.
- The 5-year median for Net Margin is 32.08% (2025), against an average of 30.22%.
- The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 1236 bps in 2023, then jumped 1145 bps in 2024.
- Schwab Charles' Net Margin stood at 33.13% in 2022, then slumped by 37 bps to 20.77% in 2023, then soared by 55 bps to 32.22% in 2024, then gained by 16 bps to 37.36% in 2025, then declined by 1 bps to 36.98% in 2026.
- Business Quant data shows SCHW's Net Margin at 36.98% in Q1 2026, 37.36% in Q4 2025, and 37.11% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 25.46% |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 31.46% |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 36.98% |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 42.89% |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -171.16% |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 16.00% |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 7.31% |
| 10 | Tradeweb Markets | 23.53 Bn | 22.17 Bn | - | 36.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 24.67% |