Schwab Charles (SCHW) Net Margin (2010 - 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% on a QoQ basis from 37.36% in Q4 2025.
Schwab Charles (SCHW) Net Margin (2010 - 2026) Analysis & Trends
Schwab Charles (SCHW) has reported Net Margin for 18 consecutive years, with 36.98% the latest figure, recorded in 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 came in at 36.98% for Q1 2026 at Schwab Charles, 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.
- Average Net Margin over 5 years is 30.22%, with a median of 32.08% recorded in 2025.
- Across the five-year window, Net Margin sank 1236 bps in 2023 and surged 1145 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 33.13% in 2022, then plunged by 37 bps to 20.77% in 2023, then jumped by 55 bps to 32.22% in 2024, then increased by 16 bps to 37.36% in 2025, then slipped by 1 bps to 36.98% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 36.98%, 37.36%, and 37.11% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 26.29% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 31.36% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 36.98% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 122.40% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 32.80% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 7.22% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 37.74% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 132.82% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -171.16% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 1.16% |
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% |