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 62.47% is in line with its 5-year average of 62.78%, around the middle of its 5-year range (56.85%–70.09%).
0.98% above its 12-month average of 61.87%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
62.47%
GROSS MARGIN AVG TTM
61.87%
GROSS MARGIN AVG 3Y
61.41%
GROSS MARGIN AVG 5Y
62.78%
GROSS MARGIN AVG 10Y
64.33%
GROSS MARGIN AVG 15Y
64.34%
GROSS MARGIN AVG 20Y
60.46%
CURRENT VS TTM AVG
+0.98%
CURRENT VS 3Y AVG
+1.73%
CURRENT VS 5Y AVG
-0.50%
CURRENT VS 10Y AVG
-2.89%
CURRENT VS 15Y AVG
-2.91%
CURRENT VS 20Y AVG
+3.32%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+5.89%
vs the sector median at left
Market Cap
$30.16B
Gross Margin
42.90%
TTM Avg
40.85%
3Y Avg
40.34%
5Y Avg
40.27%
Market Cap
$30.13B
Gross Margin
50.78%
TTM Avg
58.60%
3Y Avg
58.69%
5Y Avg
58.45%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DexCom, Inc. (DXCM) | $31.90B | 62.47% | 61.87% | 61.41% | 62.78% |
| Centene Corp. (CNC)vs › | $31.90B | 16.13% | 11.28% | 11.33% | 11.71% |
| ResMed Inc. (RMD)vs › | $32.06B | 61.16% | 60.26% | 58.24% | 57.85% |
| Biogen Inc. (BIIB)vs › | $31.40B | 67.71% | 73.30% | 74.61% | 77.63% |
| Zoetis Inc. (ZTS)vs › | $30.86B | 70.87% | 69.79% | 68.91% | 68.46% |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.16B | 42.90% | 40.85% | 40.34% | 40.27% |
| Waters Corporation (WAT)vs › | $30.13B | 50.78% | 58.60% | 58.69% | 58.45% |
| Alcon Inc. (ALC)vs › | $33.71B | 56.45% | 55.42% | 55.20% | 53.33% |
| Medline Inc. (MDLN)vs › | $29.33B | 25.02% | 25.55% | 23.71% | 23.71% |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $34.80B | 79.72% | 83.69% | 83.53% | 83.62% |
Gross Margin
62.5%
(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 | 63.44% |
| 2026-03-31 | 62.95% |
| 2025-12-31 | 62.93% |
| 2025-09-30 | 60.48% |
| 2025-06-30 | 59.53% |
| 2025-03-31 | 56.85% |
| 2024-12-31 | 58.90% |
| 2024-09-30 | 59.73% |
| 2024-06-30 | 62.40% |
| 2024-03-31 | 61.01% |
| 2023-12-31 | 63.47% |
| 2023-09-30 | 63.93% |
| 2023-06-30 | 62.71% |
| 2023-03-31 | 62.39% |
| 2022-12-31 | 66.40% |
| 2022-09-30 | 64.22% |
| 2022-06-30 | 64.56% |
| 2022-03-31 | 63.31% |
| 2021-12-31 | 67.69% |
| 2021-09-30 | 68.73% |
| 2021-06-30 | 70.09% |
| 2021-03-31 | 68.10% |
| 2020-12-31 | 70.15% |
| 2020-09-30 | 67.96% |
| 2020-06-30 | 62.88% |
| 2020-03-31 | 63.32% |
| 2019-12-31 | 66.83% |
| 2019-09-30 | 62.30% |
| 2019-06-30 | 61.39% |
| 2019-03-31 | 60.18% |
| 2018-12-31 | 65.92% |
| 2018-09-30 | 63.22% |
| 2018-06-30 | 63.34% |
| 2018-03-31 | 64.48% |
| 2017-12-31 | 69.46% |
| 2017-09-30 | 68.80% |
| 2017-06-30 | 68.87% |
| 2017-03-31 | 66.13% |
| 2016-12-31 | 68.17% |
| 2016-09-30 | 68.03% |
| 2016-06-30 | 62.27% |
| 2016-03-31 | 64.63% |
| 2015-12-31 | 69.72% |
| 2015-09-30 | 71.01% |
| 2015-06-30 | 70.82% |
| 2015-03-31 | 63.87% |
| 2014-12-31 | 70.46% |
| 2014-09-30 | 68.41% |
| 2014-06-30 | 67.86% |
| 2014-03-31 | 63.27% |
| 2013-12-31 | 65.96% |
| 2013-09-30 | 64.34% |
| 2013-06-30 | 61.17% |
| 2013-03-31 | 55.74% |
| 2012-12-31 | 52.81% |
| 2012-09-30 | 36.39% |
| 2012-06-30 | 47.94% |
| 2012-03-31 | 46.71% |
| 2011-12-31 | 47.69% |
| 2011-09-30 | 44.72% |
| 2011-06-30 | 55.43% |
| 2011-03-31 | 36.09% |
| 2010-12-31 | 44.70% |
| 2010-09-30 | 29.80% |
| 2010-06-30 | 38.34% |
| 2010-03-31 | 36.24% |
| 2009-12-31 | 39.22% |
| 2009-09-30 | 11.92% |
| 2009-06-30 | -15.52% |
| 2009-03-31 | -5.05% |
| 2008-12-31 | -20.08% |
| 2008-09-30 | -100.00% |
| 2008-06-30 | -71.19% |
| 2008-03-31 | -74.11% |
| 2007-12-31 | -139.20% |
| 2007-09-30 | -154.33% |
| 2007-06-30 | -236.73% |
| 2007-03-31 | -202.57% |
| 2006-12-31 | -307.05% |
| 2006-09-30 | -302.92% |
| 2006-06-30 | -336.37% |
| 2006-03-31 | -13986.09% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
