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 73.05% is in line with its 5-year average of 71.48%, near the high end of its 5-year range (61.37%–75.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.32% above its 12-month average of 72.82%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
73.05%
GROSS MARGIN AVG TTM
72.82%
GROSS MARGIN AVG 3Y
72.18%
GROSS MARGIN AVG 5Y
71.48%
GROSS MARGIN AVG 10Y
68.34%
GROSS MARGIN AVG 15Y
68.21%
GROSS MARGIN AVG 20Y
69.86%
CURRENT VS TTM AVG
+0.32%
CURRENT VS 3Y AVG
+1.20%
CURRENT VS 5Y AVG
+2.20%
CURRENT VS 10Y AVG
+6.90%
CURRENT VS 15Y AVG
+7.10%
CURRENT VS 20Y AVG
+4.58%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+23.83%
vs the sector median at left
Market Cap
$89.76B
Gross Margin
41.50%
TTM Avg
41.06%
3Y Avg
39.99%
5Y Avg
47.00%
Market Cap
$86.56B
Gross Margin
25.56%
TTM Avg
26.70%
3Y Avg
26.59%
5Y Avg
26.68%
Market Cap
$82.21B
Gross Margin
84.86%
TTM Avg
85.74%
3Y Avg
85.09%
5Y Avg
84.57%
Market Cap
$76.43B
Gross Margin
71.16%
TTM Avg
65.16%
3Y Avg
63.29%
5Y Avg
62.03%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GSK plc (GSK) | $100.78B | 73.05% | 72.82% | 72.18% | 71.48% |
| McKesson Corporation (MCK)vs › | $102.88B | 3.64% | 3.54% | 3.83% | 4.16% |
| HCA Healthcare, Inc. (HCA)vs › | $89.76B | 41.50% | 41.06% | 39.99% | 47.00% |
| Elevance Health Inc. (ELV)vs › | $86.56B | 25.56% | 26.70% | 26.59% | 26.68% |
| Medtronic plc (MDT)vs › | $116.18B | 65.02% | 65.17% | 65.34% | 65.75% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $82.21B | 84.86% | 85.74% | 85.09% | 84.57% |
| CVS Health Corp. (CVS)vs › | $120.86B | 14.15% | 13.78% | 14.92% | 15.96% |
| Boston Scientific Corporation (BSX)vs › | $76.43B | 71.16% | 65.16% | 63.29% | 62.03% |
| Cigna Corporation (CI)vs › | $73.30B | 11.66% | 9.98% | 11.47% | 12.36% |
| Bristol-Myers Squibb Company (BMY)vs › | $130.12B | 70.16% | 63.94% | 60.40% | 58.39% |
Gross Margin
73.1%
(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 | 73.05% |
| 2026-03-31 | 75.42% |
| 2025-12-31 | 69.17% |
| 2025-09-30 | 73.58% |
| 2025-06-30 | 72.89% |
| 2025-03-31 | 74.23% |
| 2024-12-31 | 68.47% |
| 2024-09-30 | 70.08% |
| 2024-06-30 | 73.08% |
| 2024-03-31 | 73.24% |
| 2023-12-31 | 69.97% |
| 2023-09-30 | 72.11% |
| 2023-06-30 | 73.08% |
| 2023-03-31 | 72.05% |
| 2022-12-31 | 69.66% |
| 2022-09-30 | 69.05% |
| 2022-06-30 | 68.60% |
| 2022-03-31 | 62.21% |
| 2021-12-31 | 61.37% |
| 2021-09-30 | 69.58% |
| 2021-06-30 | 70.74% |
| 2021-03-31 | 66.57% |
| 2020-12-31 | 63.71% |
| 2020-09-30 | 66.63% |
| 2020-06-30 | 67.88% |
| 2020-03-31 | 64.81% |
| 2019-12-31 | 63.50% |
| 2019-09-30 | 65.42% |
| 2019-06-30 | 66.23% |
| 2019-03-31 | 64.33% |
| 2018-12-31 | 64.57% |
| 2018-09-30 | 67.42% |
| 2018-06-30 | 68.40% |
| 2018-03-31 | 66.89% |
| 2017-12-31 | 66.51% |
| 2017-09-30 | 66.19% |
| 2017-06-30 | 64.22% |
| 2017-03-31 | 65.97% |
| 2016-12-31 | 66.94% |
| 2016-09-30 | 66.52% |
| 2016-06-30 | 67.48% |
| 2016-03-31 | 65.76% |
| 2015-12-31 | 59.58% |
| 2015-09-30 | 64.03% |
| 2015-06-30 | 65.95% |
| 2015-03-31 | 62.59% |
| 2014-12-31 | 67.20% |
| 2014-09-30 | 67.61% |
| 2014-06-30 | 69.03% |
| 2014-03-31 | 68.95% |
| 2013-12-31 | 63.42% |
| 2013-09-30 | 67.57% |
| 2013-06-30 | 70.20% |
| 2013-03-31 | 69.46% |
| 2012-12-31 | 70.44% |
| 2012-09-30 | 67.99% |
| 2012-06-30 | 69.05% |
| 2012-03-31 | 72.62% |
| 2011-12-31 | 72.84% |
| 2011-09-30 | 70.68% |
| 2011-06-30 | 74.05% |
| 2011-03-31 | 71.57% |
| 2010-12-31 | 71.14% |
| 2010-09-30 | 72.02% |
| 2010-06-30 | 76.41% |
| 2010-03-31 | 73.47% |
| 2009-12-31 | 73.82% |
| 2009-09-30 | 73.63% |
| 2009-06-30 | 74.92% |
| 2009-03-31 | 73.60% |
| 2008-12-31 | 71.74% |
| 2008-09-30 | 72.97% |
| 2008-06-30 | 74.24% |
| 2008-03-31 | 76.10% |
| 2007-12-31 | 74.44% |
| 2007-09-30 | 77.50% |
| 2007-06-30 | 78.64% |
| 2007-03-31 | 77.93% |
| 2006-12-31 | 75.74% |
| 2006-09-30 | 78.34% |
| 2006-06-30 | 79.19% |
| 2006-03-31 | 80.49% |
| 2005-12-31 | 78.02% |
| 2005-09-30 | 78.36% |
| 2005-06-30 | 77.98% |
| 2005-03-31 | 77.62% |
| 2004-12-31 | 79.95% |
| 2004-09-30 | 77.55% |
| 2004-06-30 | 79.00% |
| 2004-03-31 | 78.68% |
| 2003-12-31 | 15.24% |
| 2003-09-30 | 139.73% |
| 2003-06-30 | 80.20% |
| 2003-03-31 | 78.74% |
| 2002-12-31 | 77.89% |
| 2002-09-30 | 77.51% |
