Gross Profit for PNC Financial Services Group (PNC)
According to PNC Financial Services Group's latest reported financial statements, the company's current gross profit (TTM) is $23.04B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$23.04B
YoY change
+12.2%
5Y CAGR
+10.3%
Peak year (2025)
$22.46B
Cumulative gross profit
$356.66B
Gross Profit history chart for PNC Financial Services Group (PNC) from 1985 to 2025
Gross Profit history table for PNC Financial Services Group (PNC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $22.46B | +12.2% | ||
| 2024 | $20.01B | -3.5% | ||
| 2023 | $20.75B | +0.5% | ||
| 2022 | $20.64B | +3.3% | ||
| 2021 | $19.99B | +45.6% | ||
| 2020 | $13.73B | -14.6% | ||
| 2019 | $16.07B | +1.8% | ||
| 2018 | $15.78B | -0.7% | ||
| 2017 | $15.89B | +7.9% | ||
| 2016 | $14.73B | -1.6% | ||
| 2015 | $14.97B | -0.3% | ||
| 2014 | $15.01B | -2.3% | ||
| 2013 | $15.37B | +5.8% | ||
| 2012 | $14.53B | +10.3% | ||
| 2011 | $13.17B | +5.3% | ||
| 2010 | $12.51B | +11.9% | ||
| 2009 | $11.19B | +139.8% | ||
| 2008 | $4.67B | -16.3% | ||
| 2007 | $5.58B | -12.5% | ||
| 2006 | $6.37B | +1.0% | ||
| 2005 | $6.31B | +14.9% | ||
| 2004 | $5.49B | +8.1% | ||
| 2003 | $5.08B | -0.2% | ||
| 2002 | $5.08B | +26.8% | ||
| 2001 | $4.01B | -19.4% | ||
| 2000 | $4.98B | +7.5% | ||
| 1999 | $4.63B | +6.5% | ||
| 1998 | $4.35B | +1.6% | ||
| 1997 | $4.28B | +10.5% | ||
| 1996 | $3.88B | +25.1% | ||
| 1995 | $3.10B | +15.9% | ||
| 1994 | $2.67B | +4.0% | ||
| 1993 | $2.57B | +15.7% | ||
| 1992 | $2.22B | +22.1% | ||
| 1991 | $1.82B | +46.1% | ||
| 1990 | $1.25B | -19.9% | ||
| 1989 | $1.55B | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Gross Profit values are taken from PNC Financial Services Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, PNC Financial Services Group (PNC) reported gross profit of $22.46B – grew 12.2% year-over-year.
Through 2020–2025 (5 years), PNC Financial Services Group gross profit delivered a +10.3% annualised rate; with the latest reading among the more recent periods of the dataset.
2025 marks the peak gross profit at $22.46B, with the historical low of $0 recorded in 1985.
Within Financial Services, PNC Financial Services Group (PNC) ranks 9th among 8 peers we track. The peer median for gross profit is $72.83B.
PNC Financial Services Group Gross Profit by Year
PNC Financial Services Group Gross Profit 2025: $22.46B
PNC Financial Services Group gross profit in 2025 was $22.46B, grew 12.2% from 2024. This figure represents the highest annual value in the available history.
PNC Financial Services Group Gross Profit 2024: $20.01B
PNC Financial Services Group gross profit in 2024 was $20.01B, edged down 3.5% below 2023.
PNC Financial Services Group Gross Profit 2023: $20.75B
PNC Financial Services Group gross profit in 2023 was $20.75B, edged up 0.5% from 2022.
PNC Financial Services Group Gross Profit 2022: $20.64B
PNC Financial Services Group gross profit in 2022 was $20.64B, edged up 3.3% from 2021.
PNC Financial Services Group Gross Profit 2021: $19.99B
PNC Financial Services Group gross profit in 2021 was $19.99B.
See more financial history for PNC Financial Services Group (PNC).
Sector peers — Gross Profit
Companies in the same sector as PNC Financial Services Group, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is PNC Financial Services Group's gross profit?
- Latest reported gross profit for PNC Financial Services Group (PNC) is $23.04B (period ending March 31, 2026).
How has PNC Financial Services Group gross profit changed year-over-year?
- PNC Financial Services Group (PNC) gross profit changed +12.2% year-over-year on the latest annual filing.
What is the long-term growth rate of PNC Financial Services Group gross profit?
- PNC Financial Services Group (PNC) gross profit compound annual growth rate is +10.3% over the most recent 5 years available.
When did PNC Financial Services Group gross profit hit its highest annual value?
- PNC Financial Services Group gross profit reached its highest annual value of $22.46B in 2025.
What was PNC Financial Services Group gross profit in 2024?
- PNC Financial Services Group (PNC) gross profit in 2024 was $20.01B.
What was PNC Financial Services Group gross profit in 2025?
- PNC Financial Services Group (PNC) gross profit in 2025 was $22.46B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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