ING Group, N.V.

ING Financial Banks Diversified

ING Group, N.V.’s revenue for fiscal 2025 (year ended December 2025) was $70.2 billion, roughly unchanged from fiscal 2024.

Revenue
+29.8%
EPS
+14.8%
Free cash flow
−27.0%

Quarter to June 2026, against a year earlier

32.04 0.59 −1.81%
Market cap
$92.8B
P/E
13.8×
Fwd P/E
6.6×
Dividend yield
4.65%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

ING Group, N.V. (ING) Gross margin

Alert me on Gross margin

ING Group, N.V.'s gross margin over the twelve months to 30 September 2025 was 100.0%. Over the past ten years it has ranged from 32.5% (fiscal 2024) to 100.0% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Banks Diversified industry median of 67.1% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 41.4% 8.88
FY2024 32.5% (0.83)
FY2023 33.3% (35.48)
FY2022 68.8% (5.21)
FY2021 74.0% 8.06
FY2020 66.0% 11.57
FY2019 54.4% (2.66)
FY2018 57.1% (42.94)
FY2017 100.0% 0.00
FY2016 100.0% 0.00

Quarterly newest first

Period Gross margin Change (points)
Sep 2025 100.0% 0.00
Mar 2025 100.0% 0.00
Sep 2024 100.0% 0.00
Mar 2024 100.0% 0.00
25 more quarters

Against its own ten years

Low 32.5% High 100.0%
Ten-year median 66.0%
Current reading's percentile 27

Gross margin against peers

Company Gross margin
BCS Barclays PLC compare 100.0%
ING ING Group, N.V. 100.0%
BBVA Banco Bilbao Viscaya Argentaria S.A. compare 100.0%
UBS UBS Group AG compare 80.3%
MUFG Mitsubishi UFJ Financial Group, Inc. compare 65.5%
SMFG Sumitomo Mitsui Financial Group Inc compare 60.4%
BNY BNY compare 54.7%
C Citigroup Inc. compare 52.9%
SAN Banco Santander, S.A. compare 45.2%
Banks Diversified industry median 67.1%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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