Schwab Charles (SCHW) Net Margin (2009 - 2026)
Schwab Charles' Net Margin was 37.91% in Q2 2026, up 4.12 percentage points from 33.79% a year earlier and up 0.93 percentage points from the prior quarter.
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Analysis
Schwab Charles (SCHW) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Schwab Charles' Net Margin was 37.36% through Jun 30, 2026, up 5.96 percentage points year-over-year; for FY2025, it was 35.19%, up 7.25 percentage points from FY2024.
- Net Margin shows a five-year change of +9.16 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 27.94% in FY2024 (+3.26 pp), 24.68% in FY2023 (-7.28 pp), 31.96% in FY2022 (+3.02 pp) and 28.94% in FY2021 (+2.91 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin in data going back to Q1 2009.
- Compared with a year earlier, Net Margin has increased for nine straight quarters, with an average year-over-year change of +6.79 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2024 (a gain of 11.45 percentage points); the worst was Q4 2023 (a drop of 12.36 percentage points).
- Per Business Quant data, SCHW's Net Margin in the three quarters before Q2 2026 was 36.98% (Q1 2026), 37.36% (Q4 2025) and 37.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 29.77% |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 21.83% |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | 38.08% |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 23.36% |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 32.48% |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 27.42% |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | 30.67% |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 26.08% |
| 10 | Schwab Charles | 160.43 Bn | -7.81 Bn | - | 39.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 39.20% |
| 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% |
API Access
Schwab Charles Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SCHW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SCHW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SCHW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();