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Operating Margin for Charles Schwab (SCHW)

As of · Reported

Metric

TTM

43.0%

YoY change

+11.82pp

Trough year (1984)

1.8%

Peak year (2022)

42.1%

Operating Margin history chart for Charles Schwab (SCHW) from 1984 to 2025

Latest: 41.4%

Operating Margin change chart for Charles Schwab (SCHW) from 1984 to 2025

Latest: +11.82pp

Operating Margin history table for Charles Schwab (SCHW) from 1984 to 2025

  • 202541.4%+11.82pp
  • 202429.6%+4.59pp
  • 202325.0%-17.09pp
  • 202242.1%+1.48pp
  • 202140.6%+5.09pp
  • 202035.5%-5.63pp
  • 201941.1%-0.38pp
  • 201841.5%+0.78pp
  • 201740.7%+1.61pp
  • 201639.1%+4.07pp
  • 201535.1%+0.70pp
  • 201434.4%+3.57pp
  • 201330.8%+2.06pp
  • 201228.7%+0.22pp
  • 201128.5%+11.09pp
  • 201017.4%-11.11pp
  • 200928.5%-8.78pp
  • 200837.3%+4.31pp
  • 200733.0%+3.40pp
  • 200629.6%+4.66pp
  • 200524.9%+10.53pp
  • 200414.4%-2.00pp
  • 200316.4%+11.27pp
  • 20025.1%+1.73pp
  • 20013.4%-13.84pp
  • 200017.2%-3.17pp
  • 199920.4%+3.39pp
  • 199817.0%+1.30pp
  • 199715.7%-1.59pp
  • 199617.3%+1.72pp
  • 199515.6%-2.17pp
  • 199417.8%-1.04pp
  • 199318.8%+2.72pp
  • 199216.1%+5.00pp
  • 199111.1%+6.43pp
  • 19904.6%-1.35pp
  • 19896.0%—
  • 198625.7%+13.18pp
  • 198512.5%+10.71pp
  • 19841.8%—

Operating Margin values are taken from Charles Schwab's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Charles Schwab (SCHW)

According to Charles Schwab's latest reported financial statements, the company's latest reported operating margin is 43.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Charles Schwab (SCHW) operating margin is 41.41% – expanded 11.8 percentage points year-over-year.

2022 marks the peak operating margin at 42.09%, with the historical low of 1.79% recorded in 1984.

Charles Schwab Operating Margin by Year

Charles Schwab Operating Margin 2025: 41.4%

2025's operating margin for Charles Schwab came in at 41.41%, expanded 11.8 percentage points from 2024.

Charles Schwab Operating Margin 2024: 29.6%

Charles Schwab posted operating margin of 29.59% in 2024, expanded 4.6 percentage points from 2023.

Charles Schwab Operating Margin 2023: 25.0%

In 2023, Charles Schwab reported operating margin of 24.99%, contracted 17.1 percentage points from 2022.

Charles Schwab Operating Margin 2022: 42.1%

Charles Schwab operating margin in 2022 was 42.09%, expanded 1.5 percentage points from 2021. This figure represents the highest annual value in the available history.

Charles Schwab Operating Margin 2021: 40.6%

Charles Schwab operating margin in 2021 was 40.60%.

See more financial history for Charles Schwab (SCHW).

Sector peers by Operating Margin

Financial Services peers of Charles Schwab (SCHW), ranked by their latest operating margin

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