The Charles Schwab Corporation
SCHW Financial Capital Markets
The Charles Schwab Corporation’s revenue for fiscal 2025 (year ended December 2025) was $23.9 billion, up 22.0% from fiscal 2024. In the quarter to September 2026, revenue grew 16.9%, EPS grew 33.5%, free cash flow grew 35.0% and total debt rose 12.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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The Charles Schwab Corporation (SCHW) Operating margin
The Charles Schwab Corporation's operating margin over the twelve months to 30 September 2026 was 56.0%, up 2.8 percentage points from fiscal 2025 (53.2%). Over the past ten years it has ranged from 41.1% (fiscal 2015) to 53.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Capital Markets industry median of 0.00% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 53.2% | 7.11 |
| FY2024 | 46.0% | 4.39 |
| FY2023 | 41.7% | (8.27) |
| FY2022 | 49.9% | 2.06 |
| FY2021 | 47.9% | 5.88 |
| FY2020 | 42.0% | (6.81) |
| FY2019 | 48.8% | (1.19) |
| FY2018 | 50.0% | 2.44 |
| FY2017 | 47.5% | 2.45 |
| FY2016 | 45.1% | 4.01 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 57.9% | 0.98 |
| Jun 2026 | 56.9% | 3.15 |
| Mar 2026 | 53.8% | (1.15) |
| Dec 2025 | 54.9% | 0.79 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| IBKR Interactive Brokers Group, Inc. compare | 78.2% |
| NMR Nomura Holdings Inc ADR compare | 73.1% |
| MS Morgan Stanley compare | 59.1% |
| SCHW The Charles Schwab Corporation | 56.0% |
| HOOD Robinhood Markets, Inc. compare | 46.0% |
| TW Tradeweb Markets Inc. compare | 43.7% |
| GS The Goldman Sachs Group, Inc. compare | 40.0% |
| LPLA LPL Financial Holdings Inc. compare | 9.06% |
| CRCL Circle Internet Group, Inc. compare | 7.42% |
| Capital Markets industry median | 0.00% |
| Financial sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on SCHW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement