Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 77.56% is in line with its 5-year average of 78.12%, around the middle of its 5-year range (75.38%–80.59%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.45% below its 12-month average of 77.92%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
77.56%
GROSS MARGIN AVG TTM
77.92%
GROSS MARGIN AVG 3Y
78.28%
GROSS MARGIN AVG 5Y
78.12%
GROSS MARGIN AVG 10Y
76.29%
GROSS MARGIN AVG 15Y
75.43%
GROSS MARGIN AVG 20Y
73.53%
CURRENT VS TTM AVG
-0.45%
CURRENT VS 3Y AVG
-0.92%
CURRENT VS 5Y AVG
-0.72%
CURRENT VS 10Y AVG
+1.68%
CURRENT VS 15Y AVG
+2.84%
CURRENT VS 20Y AVG
+5.48%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+31.48%
vs the sector median at left
Edwards Lifesciences Corporation
Market Cap
$53.58B
Gross Margin
77.56%
TTM Avg
77.92%
3Y Avg
78.28%
5Y Avg
78.12%
Market Cap
$50.58B
Gross Margin
46.12%
TTM Avg
45.33%
3Y Avg
44.44%
5Y Avg
44.19%
Market Cap
$45.01B
Gross Margin
62.45%
TTM Avg
61.42%
3Y Avg
60.55%
5Y Avg
59.83%
Market Cap
$41.87B
Gross Margin
53.00%
TTM Avg
53.36%
3Y Avg
52.95%
5Y Avg
53.14%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Edwards Lifesciences Corporation (EW) | $53.58B | 77.56% | 77.92% | 78.28% | 78.12% |
| Cardinal Health, Inc. (CAH)vs › | $54.84B | 3.68% | 4.02% | 3.65% | 3.58% |
| Becton, Dickinson and Company (BDX)vs › | $50.58B | 46.12% | 45.33% | 44.44% | 44.19% |
| Humana Inc. (HUM)vs › | $46.67B | 13.65% | 14.54% | 16.14% | 17.03% |
| Cencora, Inc. (COR)vs › | $61.13B | 3.71% | 3.06% | 3.07% | 2.95% |
| IDEXX Laboratories, Inc. (IDXX)vs › | $45.01B | 62.45% | 61.42% | 60.55% | 59.83% |
| Agilent Technologies, Inc. (A)vs › | $41.87B | 53.00% | 53.36% | 52.95% | 53.14% |
| IQVIA Holdings Inc. (IQV)vs › | $39.79B | 26.23% | 30.59% | 32.75% | 33.07% |
| DexCom, Inc. (DXCM)vs › | $34.26B | 62.47% | 60.28% | 62.12% | 63.92% |
| Cigna Corporation (CI)vs › | $73.30B | 11.66% | 9.98% | 11.47% | 12.36% |
Gross Margin
77.6%
(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 | 77.56% |
| 2026-03-31 | 78.21% |
| 2025-12-31 | 78.30% |
| 2025-09-30 | 77.88% |
| 2025-06-30 | 77.64% |
| 2025-03-31 | 78.65% |
| 2024-12-31 | 78.91% |
| 2024-09-30 | 80.59% |
| 2024-06-30 | 78.51% |
| 2024-03-31 | 78.25% |
| 2023-12-31 | 80.18% |
| 2023-09-30 | 78.11% |
| 2023-06-30 | 79.10% |
| 2023-03-31 | 75.38% |
| 2022-12-31 | 78.08% |
| 2022-09-30 | 78.70% |
| 2022-06-30 | 79.21% |
| 2022-03-31 | 77.14% |
| 2021-12-31 | 76.60% |
| 2021-09-30 | 77.03% |
| 2021-06-30 | 76.31% |
| 2021-03-31 | 76.34% |
| 2020-12-31 | 75.25% |
| 2020-09-30 | 74.85% |
| 2020-06-30 | 73.42% |
| 2020-03-31 | 75.97% |
| 2019-12-31 | 74.84% |
| 2019-09-30 | 72.10% |
| 2019-06-30 | 70.99% |
| 2019-03-31 | 75.89% |
| 2018-12-31 | 75.84% |
| 2018-09-30 | 75.70% |
| 2018-06-30 | 75.26% |
| 2018-03-31 | 74.06% |
| 2017-12-31 | 73.54% |
| 2017-09-30 | 73.66% |
| 2017-06-30 | 75.18% |
| 2017-03-31 | 75.31% |
| 2016-12-31 | 72.61% |
| 2016-09-30 | 73.21% |
| 2016-06-30 | 73.33% |
| 2016-03-31 | 74.14% |
| 2015-12-31 | 73.79% |
| 2015-09-30 | 76.17% |
| 2015-06-30 | 74.29% |
| 2015-03-31 | 76.96% |
| 2014-12-31 | 74.05% |
| 2014-09-30 | 72.32% |
| 2014-06-30 | 73.71% |
| 2014-03-31 | 72.07% |
| 2013-12-31 | 72.85% |
| 2013-09-30 | 73.83% |
| 2013-06-30 | 75.83% |
| 2013-03-31 | 75.40% |
| 2012-12-31 | 75.36% |
| 2012-09-30 | 75.06% |
| 2012-06-30 | 73.07% |
| 2012-03-31 | 72.28% |
| 2011-12-31 | 72.20% |
| 2011-09-30 | 69.57% |
| 2011-06-30 | 70.36% |
| 2011-03-31 | 71.12% |
| 2010-12-31 | 71.08% |
| 2010-09-30 | 72.54% |
| 2010-06-30 | 72.51% |
| 2010-03-31 | 71.04% |
| 2009-12-31 | 70.67% |
| 2009-09-30 | 69.76% |
| 2009-06-30 | 69.63% |
| 2009-03-31 | 69.06% |
| 2008-12-31 | 68.10% |
| 2008-09-30 | 65.45% |
| 2008-06-30 | 65.51% |
| 2008-03-31 | 65.33% |
| 2007-12-31 | 66.01% |
| 2007-09-30 | 65.30% |
| 2007-06-30 | 65.26% |
| 2007-03-31 | 64.71% |
| 2006-12-31 | 63.33% |
| 2006-09-30 | 64.67% |
| 2006-06-30 | 64.20% |
| 2006-03-31 | 63.81% |
| 2005-12-31 | 64.12% |
| 2005-09-30 | 62.27% |
| 2005-06-30 | 62.08% |
| 2005-03-31 | 61.38% |
| 2004-12-31 | 61.54% |
| 2004-09-30 | 60.90% |
| 2004-06-30 | 60.61% |
| 2004-03-31 | 58.00% |
| 2003-12-31 | 58.14% |
| 2003-09-30 | 57.84% |
| 2003-06-30 | 58.86% |
| 2003-03-31 | 58.07% |
| 2002-12-31 | 57.80% |
| 2002-09-30 | 57.84% |
