Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 14.15% is in line with its 5-year average of 15.36%, near the low end of its 5-year range (12.84%–18.17%).
0.50% above its 12-month average of 14.08%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
14.15%
GROSS MARGIN AVG TTM
14.08%
GROSS MARGIN AVG 3Y
14.31%
GROSS MARGIN AVG 5Y
15.36%
GROSS MARGIN AVG 10Y
16.12%
GROSS MARGIN AVG 15Y
16.80%
GROSS MARGIN AVG 20Y
17.69%
CURRENT VS TTM AVG
+0.50%
CURRENT VS 3Y AVG
-1.14%
CURRENT VS 5Y AVG
-7.88%
CURRENT VS 10Y AVG
-12.23%
CURRENT VS 15Y AVG
-15.79%
CURRENT VS 20Y AVG
-20.01%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-76.01%
vs the sector median at left
Market Cap
$126.24B
Gross Margin
66.68%
TTM Avg
66.73%
3Y Avg
66.82%
5Y Avg
67.04%
Market Cap
$106.09B
Gross Margin
65.17%
TTM Avg
62.91%
3Y Avg
61.66%
5Y Avg
61.70%
Market Cap
$132.30B
Gross Margin
70.16%
TTM Avg
63.94%
3Y Avg
60.40%
5Y Avg
58.39%
Market Cap
$133.16B
Gross Margin
86.04%
TTM Avg
85.57%
3Y Avg
86.56%
5Y Avg
87.08%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CVS Health Corp. (CVS) | $118.73B | 14.15% | 14.08% | 14.31% | 15.36% |
| Medtronic plc (MDT)vs › | $119.37B | 66.69% | 65.17% | 65.34% | 65.75% |
| Intuitive Surgical, Inc. (ISRG)vs › | $126.24B | 66.68% | 66.73% | 66.82% | 67.04% |
| Stryker Corporation (SYK)vs › | $106.09B | 65.17% | 62.91% | 61.66% | 61.70% |
| Bristol-Myers Squibb Company (BMY)vs › | $132.30B | 70.16% | 63.94% | 60.40% | 58.39% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $133.16B | 86.04% | 85.57% | 86.56% | 87.08% |
| Sanofi (SNY)vs › | $104.24B | 73.01% | 71.13% | 70.66% | 69.80% |
| McKesson Corporation (MCK)vs › | $103.32B | 3.64% | 3.54% | 3.83% | 4.16% |
| GSK plc (GSK)vs › | $98.15B | 72.71% | 71.78% | 70.69% | 69.52% |
| Danaher Corporation (DHR)vs › | $142.28B | 58.51% | 60.22% | 59.98% | 59.48% |
Gross Margin
14.2%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 14.84% |
| 2026-03-31 | 15.56% |
| 2025-12-31 | 12.84% |
| 2025-09-30 | 13.42% |
| 2025-06-30 | 13.74% |
| 2025-03-31 | 15.22% |
| 2024-12-31 | 13.20% |
| 2024-09-30 | 13.16% |
| 2024-06-30 | 14.67% |
| 2024-03-31 | 14.20% |
| 2023-12-31 | 14.79% |
| 2023-09-30 | 15.13% |
| 2023-06-30 | 15.30% |
| 2023-03-31 | 15.68% |
| 2022-12-31 | 16.47% |
| 2022-09-30 | 16.50% |
| 2022-06-30 | 17.18% |
| 2022-03-31 | 17.43% |
| 2021-12-31 | 17.82% |
| 2021-09-30 | 17.21% |
| 2021-06-30 | 18.17% |
| 2021-03-31 | 18.09% |
| 2020-12-31 | 17.19% |
| 2020-09-30 | 17.48% |
| 2020-06-30 | 20.43% |
| 2020-03-31 | 18.01% |
| 2019-12-31 | 17.48% |
| 2019-09-30 | 17.78% |
| 2019-06-30 | 17.93% |
| 2019-03-31 | 17.75% |
| 2018-12-31 | 18.49% |
| 2018-09-30 | 15.90% |
| 2018-06-30 | 15.80% |
| 2018-03-31 | 15.10% |
| 2017-12-31 | 16.34% |
| 2017-09-30 | 15.41% |
| 2017-06-30 | 15.16% |
| 2017-03-31 | 14.76% |
| 2016-12-31 | 16.55% |
| 2016-09-30 | 16.79% |
| 2016-06-30 | 16.04% |
| 2016-03-31 | 15.61% |
| 2015-12-31 | 17.74% |
| 2015-09-30 | 17.24% |
| 2015-06-30 | 17.22% |
| 2015-03-31 | 16.97% |
| 2014-12-31 | 17.90% |
| 2014-09-30 | 18.47% |
| 2014-06-30 | 18.28% |
| 2014-03-31 | 18.18% |
| 2013-12-31 | 19.31% |
| 2013-09-30 | 18.87% |
| 2013-06-30 | 18.69% |
| 2013-03-31 | 18.14% |
| 2012-12-31 | 20.06% |
| 2012-09-30 | 18.68% |
| 2012-06-30 | 17.74% |
| 2012-03-31 | 16.60% |
| 2011-12-31 | 19.62% |
| 2011-09-30 | 19.41% |
| 2011-06-30 | 19.25% |
| 2011-03-31 | 18.45% |
| 2010-12-31 | 22.07% |
| 2010-09-30 | 21.15% |
| 2010-06-30 | 20.91% |
| 2010-03-31 | 19.97% |
| 2009-12-31 | 21.56% |
| 2009-09-30 | 20.34% |
| 2009-06-30 | 20.31% |
| 2009-03-31 | 20.30% |
| 2008-12-31 | 21.64% |
| 2008-09-27 | 21.09% |
| 2008-06-28 | 20.69% |
| 2008-03-29 | 20.13% |
| 2007-12-31 | 20.28% |
| 2007-09-29 | 20.47% |
| 2007-06-30 | 20.09% |
| 2007-03-31 | 25.40% |
| 2006-12-31 | 27.89% |
| 2006-09-30 | 27.08% |
| 2006-07-01 | 26.45% |
| 2006-04-01 | 26.55% |
| 2005-12-31 | 27.76% |
| 2005-10-01 | 26.77% |
| 2005-07-02 | 26.50% |
| 2005-04-02 | 25.93% |
| 2004-12-31 | 26.47% |
| 2004-10-02 | 26.18% |
| 2004-07-03 | 26.31% |
| 2004-04-03 | 25.98% |
| 2003-12-31 | 26.37% |
| 2003-09-27 | 26.00% |
| 2003-06-28 | 25.35% |
| 2003-03-29 | 25.43% |
| 2002-12-31 | 25.42% |
| 2002-09-28 | 25.21% |
