Stifel Financial (SF) Gross Margin (2009 - 2026)
Stifel Financial (SF) recorded quarterly Gross Margin of 91.22% in Q2 2026, down 0.96% on a QoQ basis from 92.11% in Q1 2026, and down 29.0% YoY from 128.48% in Q2 2025.
Analysis
Stifel Financial (SF) Gross Margin (2009 - 2026) Analysis & Trends
Stifel Financial (SF) has reported Gross Margin for 18 consecutive years, with 91.22% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 29.0% year-over-year to 91.22%; the trailing twelve-month figure through Jun 2026 stood at 91.61% (up 285.0% YoY), and the FY2025 full-year result was 88.92%, down 300.0% from the prior year.
- Gross Margin was 91.22% for Q2 2026 at Stifel Financial, down from 92.11% in the prior quarter.
- The five-year high for Gross Margin was 93.6% in Q1 2022, with the low at 80.21% in Q1 2025.
- Historically, Gross Margin has averaged 91.05% across 5 years, with a median of 91.86% in 2023.
- Annual changes were most pronounced in 2025 — Gross Margin slumped 1221 bps — and 2026, when it jumped 1190 bps.
- Tracing SF's Gross Margin over 5 years: stood at 92.33% in 2022, then declined by 0 bps to 91.89% in 2023, then decreased by 0 bps to 91.82% in 2024, then decreased by 0 bps to 91.38% in 2025, then fell by 0 bps to 91.22% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 91.22% in Q2 2026, 92.11% in Q1 2026, and 91.38% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 405.01 Bn | -183.49 Bn | 30.39 Bn | 96.31% |
| 2 | Morgan Stanley | 318.33 Bn | 158.20 Bn | - | - |
| 3 | Royal Bank Of Canada | 284.62 Bn | 57.78 Bn | - | - |
| 4 | Goldman Sachs | 274.43 Bn | -701.92 Bn | - | - |
| 5 | Mitsubishi Ufj Financial | 274.26 Bn | -110.06 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 260.84 Bn | 59.01 Bn | - | - |
| 7 | American Express | 210.32 Bn | 161.00 Bn | 17.99 Bn | 91.60% |
| 8 | Banco Santander | 210.20 Bn | 217.82 Bn | 28.01 Bn | 78.17% |
| 9 | Toronto Dominion Bank | 206.68 Bn | 45.35 Bn | - | - |
| 10 | Stifel Financial | 11.69 Bn | 7.80 Bn | 1.49 Bn | 91.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 91.22% |
| Mar 31, 2026 | 92.11% |
| Dec 31, 2025 | 91.38% |
| Sep 30, 2025 | 91.75% |
| Jun 30, 2025 | 91.51% |
| Mar 31, 2025 | 80.21% |
| Dec 31, 2024 | 91.82% |
| Sep 30, 2024 | 91.20% |
| Jun 30, 2024 | 92.29% |
| Mar 31, 2024 | 92.41% |
| Dec 31, 2023 | 91.89% |
| Sep 30, 2023 | 86.78% |
| Jun 30, 2023 | 91.77% |
| Mar 31, 2023 | 92.23% |
| Dec 31, 2022 | 92.33% |
| Sep 30, 2022 | 92.18% |
| Jun 30, 2022 | 92.26% |
| Mar 31, 2022 | 93.60% |
| Dec 31, 2021 | 93.04% |
| Sep 30, 2021 | 92.26% |