What is the current annual operating margin of SCHW?

As of today, SCHW annual operating margin is 49.42%

What is 1-year change in SCHW annual operating margin?

SCHW annual operating margin is up +24.89% year-over-year

What is 3-year change in SCHW annual operating margin?

SCHW annual operating margin is up +9.80% over the past 3 years

How far is SCHW annual operating margin from its all-time high?

SCHW annual operating margin is currently at its all-time high

How does SCHW annual operating margin rank versus sector peers?

SCHW annual operating margin is higher than 90.22% of companies in Financial Services sector

When is SCHW next annual earnings release?

As of today, the next annual earnings release for SCHW has not been scheduled

What is the current quarterly operating margin of SCHW?

As of today, SCHW quarterly operating margin is 56.11%

What is SCHW quarterly operating margin most recent change?

SCHW quarterly operating margin was up +10.02% on September 30, 2026

What is 1-year change in SCHW quarterly operating margin?

SCHW quarterly operating margin is up +16.41% year-over-year

How far is SCHW quarterly operating margin from its all-time high?

SCHW quarterly operating margin is currently at its all-time high

How does SCHW quarterly operating margin rank versus sector peers?

SCHW quarterly operating margin is higher than 92.25% of companies in Financial Services sector

When is SCHW next earnings release?

As of today, the next earnings release for SCHW has not been scheduled

SCHW Operating Margin History & Chart Since 1986

Annual Operating Margin

49.42%9.85%+24.89%

December 31, 2025

Summary

Current Value: As of today, SCHW annual operating margin is 49.42%, up +24.89% on December 31, 2025
Historical Performance: SCHW annual operating margin is up +9.80% over the past 3 years, up +30.40% over the past 5 years
All-Time High Comparison: SCHW annual operating margin is currently at its all-time high
3-Year Low Comparison: SCHW annual operating margin is +35.96% above its 3-year low of 36.35% reached on December 31, 2023
Sector Comparison: SCHW annual operating margin is higher than 90.22% of companies in Financial Services sector

Operating Margin Chart

beforeafter

Performance

SCHW Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	49.42%	+24.9%	+9.8%	+30.4%	+81.6%
Quarterly Operating Margin	Sep 30, 26	56.11%	+16.4%	+66.9%	+24.6%	+87.4%
Price	Oct 16, 26	$91.96	-1.6%	+71.2%	+13.7%	+621.3%
PE Ratio	Oct 16, 26	15.69	-28.4%	-12.3%	-49.0%	-28.6%
Annual Revenue	Dec 31, 25	$27.68B	+6.5%	+24.1%	+128.6%	+513.6%
Annual Operating Profit	Dec 31, 25	$13.68B	+32.9%	+36.2%	+198.0%	+1014.6%
Annual Gross Margin	Dec 31, 25	82.67%	+9.0%	-3.6%	-5.0%	-1.5%
Annual Net Margin	Dec 31, 25	31.99%	+40.0%	-0.7%	+17.4%	+217.7%

Operating Margin Highs

SCHW Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	49.42%	Dec 31, 25	at high
5Y	49.42%	Dec 31, 25	at high
All	49.42%	Dec 31, 25	at high

Operating Margin Lows

SCHW Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	36.35%	Dec 31, 23	+36.0%
5Y	36.35%	Dec 31, 23	+36.0%
All	3.38%	Dec 31, 88	+1362.1%

Operating Margin History

Year	Value	Change
2025	49.42%	+24.9%
2024	39.57%	+8.9%
2023	36.35%	-19.2%
2022	45.01%	+5.5%
2021	42.67%	+12.6%
2020	37.90%	-8.4%
2019	41.37%	-5.4%
2018	43.73%	+2.8%
2017	42.52%	+5.0%
2016	40.51%	+13.4%
2015	35.73%	+2.7%
2014	34.78%	+8.2%
2013	32.15%	+3.1%
2012	31.19%	-0.3%
2011	31.29%	+15.0%
2010	27.21%	-15.7%
2009	32.28%	-17.6%
2008	39.19%	+16.5%
2007	33.65%	+11.5%
2006	30.17%	-19.5%

Year	Value	Change
2005	37.48%	+47.8%
2004	25.36%	+29.9%
2003	19.52%	+30.3%
2002	14.98%	+24.4%
2001	12.04%	-37.5%
2000	19.27%	-9.0%
1999	21.18%	+24.4%
1998	17.02%	+8.3%
1997	15.72%	-9.2%
1996	17.31%	+11.0%
1995	15.59%	-12.3%
1994	17.77%	-5.5%
1993	18.80%	+16.8%
1992	16.09%	+45.2%
1991	11.08%	+138.3%
1990	4.65%	-22.5%
1989	6.00%	+77.5%
1988	3.38%	-67.5%
1987	10.39%	-51.6%
1986	21.48%	-

FAQ

What is the current annual operating margin of SCHW?: As of today, SCHW annual operating margin is 49.42%
What is 1-year change in SCHW annual operating margin?: SCHW annual operating margin is up +24.89% year-over-year
What is 3-year change in SCHW annual operating margin?: SCHW annual operating margin is up +9.80% over the past 3 years
How far is SCHW annual operating margin from its all-time high?: SCHW annual operating margin is currently at its all-time high
How does SCHW annual operating margin rank versus sector peers?: SCHW annual operating margin is higher than 90.22% of companies in Financial Services sector
When is SCHW next annual earnings release?: As of today, the next annual earnings release for SCHW has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

56.11%5.11%+10.02%

September 30, 2026

Summary

Current Value: As of today, SCHW quarterly operating margin is 56.11%, up +10.02% on September 30, 2026
Historical Performance: SCHW quarterly operating margin is up +16.41% year-over-year, up +66.94% over the past 3 years
All-Time High Comparison: SCHW quarterly operating margin is currently at its all-time high
3-Year Low Comparison: SCHW quarterly operating margin is +82.18% above its 3-year low of 30.80% reached on December 31, 2023
Sector Comparison: SCHW quarterly operating margin is higher than 92.25% of companies in Financial Services sector

Performance

SCHW Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	56.11%	+10.0%	+16.4%	+66.9%	+24.6%
Annual Operating Margin	Dec 31, 25	49.42%	–	+24.9%	+9.8%	+30.4%
Price	Oct 16, 26	$91.96	-10.5%	-1.6%	+71.2%	+13.7%
PE Ratio	Oct 16, 26	15.69	-16.1%	-28.4%	-12.3%	-49.0%
Quarterly Revenue	Sep 30, 26	$8.17B	+3.9%	+16.0%	+27.7%	+74.0%
Quarterly Operating Profit	Sep 30, 26	$4.58B	+14.3%	+35.0%	+113.2%	+116.9%
Quarterly Gross Margin	Sep 30, 26	89.56%	+4.1%	+7.3%	+20.2%	+1.8%
Quarterly Net Margin	Sep 30, 26	35.58%	-0.1%	+6.2%	+102.3%	+9.4%

Quarterly Operating Margin Highs

SCHW Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	56.11%	Sep 30, 26	at high
3Y	56.11%	Sep 30, 26	at high
5Y	56.11%	Sep 30, 26	at high
All	56.11%	Sep 30, 26	at high

Quarterly Operating Margin Lows

SCHW Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	47.85%	Mar 31, 26	+17.3%
3Y	30.80%	Dec 31, 23	+82.2%
5Y	30.80%	Dec 31, 23	+82.2%
All	-32.08%	Dec 31, 98	+274.9%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	56.11%	+10.0%
Jun 2026	51.00%	+6.6%
Mar 2026	47.85%	-7.4%
Dec 2025	51.65%	+7.2%
Sep 2025	48.20%	+2.5%
Jun 2025	47.04%	+8.5%
Mar 2025	43.34%	-0.3%
Dec 2024	43.47%	+13.5%
Sep 2024	38.30%	-0.0%
Jun 2024	38.31%	+0.6%
Mar 2024	38.07%	+23.6%
Dec 2023	30.80%	-8.4%
Sep 2023	33.61%	-14.8%
Jun 2023	39.43%	-4.9%
Mar 2023	41.48%	-9.0%
Dec 2022	45.57%	-3.9%
Sep 2022	47.41%	-0.1%
Jun 2022	47.46%	+17.0%
Mar 2022	40.58%	-7.8%
Dec 2021	44.02%	-2.2%
Sep 2021	45.02%	+15.0%
Jun 2021	39.14%	-7.8%
Mar 2021	42.44%	+16.2%
Dec 2020	36.52%	-3.3%
Sep 2020	37.76%	-0.3%
Jun 2020	37.89%	-6.3%
Mar 2020	40.43%	-4.8%
Dec 2019	42.47%	-3.1%
Sep 2019	43.84%	+1.2%
Jun 2019	43.31%	-0.7%
Mar 2019	43.62%	+1.6%
Dec 2018	42.92%	-5.1%
Sep 2018	45.24%	+2.2%
Jun 2018	44.25%	+4.1%
Mar 2018	42.49%	-1.0%
Dec 2017	42.91%	-1.2%
Sep 2017	43.43%	+1.5%
Jun 2017	42.79%	+4.7%
Mar 2017	40.87%	-3.4%
Dec 2016	42.29%	+0.3%
Sep 2016	42.15%	+5.3%
Jun 2016	40.04%	+6.1%
Mar 2016	37.75%	+2.9%
Dec 2015	36.67%	+2.3%
Sep 2015	35.85%	+3.0%
Jun 2015	34.81%	+11.5%
Mar 2015	31.21%	-11.1%
Dec 2014	35.12%	+13.6%
Sep 2014	30.92%	-11.1%
Jun 2014	34.80%	+0.3%
Mar 2014	34.68%	-2.2%
Dec 2013	35.46%	+6.4%
Sep 2013	33.33%	+9.6%
Jun 2013	30.40%	+20.5%
Mar 2013	25.23%	-14.4%
Dec 2012	29.48%	+1.1%
Sep 2012	29.17%	-11.4%
Jun 2012	32.93%	+23.8%

Month	Value	Change
Mar 2012	26.59%	+7.8%
Dec 2011	24.66%	-17.6%
Sep 2011	29.94%	-6.2%
Jun 2011	31.91%	+0.5%
Mar 2011	31.75%	-4.2%
Dec 2010	33.14%	+84.4%
Sep 2010	17.97%	-41.1%
Jun 2010	30.51%	+47.7%
Mar 2010	20.65%	-28.9%
Dec 2009	29.03%	-3.9%
Sep 2009	30.21%	-2.9%
Jun 2009	31.12%	-8.4%
Mar 2009	33.98%	-13.3%
Dec 2008	39.18%	-2.9%
Sep 2008	40.37%	+7.2%
Jun 2008	37.67%	+3.7%
Mar 2008	36.34%	-1.3%
Dec 2007	36.83%	+3.2%
Sep 2007	35.70%	+13.4%
Jun 2007	31.48%	+4.7%
Mar 2007	30.08%	-30.3%
Dec 2006	43.13%	+41.0%
Sep 2006	30.58%	+14.7%
Jun 2006	26.65%	-0.4%
Mar 2006	26.76%	-30.5%
Dec 2005	38.50%	+48.1%
Sep 2005	25.99%	-30.7%
Jun 2005	37.48%	+10.8%
Mar 2005	33.83%	-17.2%
Dec 2004	40.86%	+204.2%
Sep 2004	13.43%	-32.3%
Jun 2004	19.85%	-17.8%
Mar 2004	24.14%	-47.9%
Dec 2003	46.31%	+77.2%
Sep 2003	26.13%	+14.9%
Jun 2003	22.74%	+23.2%
Mar 2003	18.46%	+37.0%
Dec 2002	13.47%	-12.0%
Sep 2002	15.31%	-3.0%
Jun 2002	15.78%	+3.4%
Mar 2002	15.26%	+8.7%
Dec 2001	14.04%	+17.7%
Sep 2001	11.93%	+14.8%
Jun 2001	10.39%	-12.5%
Mar 2001	11.88%	-18.5%
Dec 2000	14.58%	-6.8%
Sep 2000	15.64%	-16.0%
Jun 2000	18.63%	-30.3%
Mar 2000	26.74%	+238.0%
Dec 1999	-19.37%	-202.4%
Sep 1999	18.92%	-12.2%
Jun 1999	21.55%	+2.7%
Mar 1999	20.98%	+165.4%
Dec 1998	-32.08%	-272.2%
Sep 1998	18.63%	+18.2%
Jun 1998	15.76%	+6.6%
Mar 1998	14.78%	-

FAQ

What is the current quarterly operating margin of SCHW?: As of today, SCHW quarterly operating margin is 56.11%
What is SCHW quarterly operating margin most recent change?: SCHW quarterly operating margin was up +10.02% on September 30, 2026
What is 1-year change in SCHW quarterly operating margin?: SCHW quarterly operating margin is up +16.41% year-over-year
How far is SCHW quarterly operating margin from its all-time high?: SCHW quarterly operating margin is currently at its all-time high
How does SCHW quarterly operating margin rank versus sector peers?: SCHW quarterly operating margin is higher than 92.25% of companies in Financial Services sector
When is SCHW next earnings release?: As of today, the next earnings release for SCHW has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

SCHW Official Website www.schwab.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/316709/000031670926000004/0000316709-26-000004-index.htm
SCHW Profile on Yahoo Finance finance.yahoo.com/quote/SCHW
SCHW Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/schw