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 -14.54% is 198% below its 5-year average of 14.89%, near the low end of its 5-year range (-14.54%–20.41%).
As of the fiscal period ended Tuesday, June 30, 2026. 276.11% below its 12-month average of 8.25%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
-14.54%
GROSS MARGIN AVG TTM
8.25%
GROSS MARGIN AVG 3Y
14.51%
GROSS MARGIN AVG 5Y
16.36%
GROSS MARGIN AVG 10Y
16.70%
GROSS MARGIN AVG 15Y
43.37%
GROSS MARGIN AVG 20Y
57.35%
CURRENT VS TTM AVG
-276.11%
CURRENT VS 3Y AVG
-200.17%
CURRENT VS 5Y AVG
-188.87%
CURRENT VS 10Y AVG
-187.06%
CURRENT VS 15Y AVG
-133.52%
CURRENT VS 20Y AVG
-125.35%
SECTOR MEDIAN · HEALTHCARE
59.09%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-124.60%
vs the sector median at left
Market Cap
$44.10B
Gross Margin
62.05%
TTM Avg
61.42%
3Y Avg
60.55%
5Y Avg
59.83%
Market Cap
$39.08B
Gross Margin
53.00%
TTM Avg
53.36%
3Y Avg
52.95%
5Y Avg
53.14%
Market Cap
$38.68B
Gross Margin
26.23%
TTM Avg
30.59%
3Y Avg
32.75%
5Y Avg
33.07%
Market Cap
$49.56B
Gross Margin
77.98%
TTM Avg
78.79%
3Y Avg
78.80%
5Y Avg
77.78%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Humana Inc. (HUM) | $43.67B | -14.54% | 8.25% | 14.51% | 16.36% |
| IDEXX Laboratories, Inc. (IDXX)vs › | $44.10B | 62.05% | 61.42% | 60.55% | 59.83% |
| Agilent Technologies, Inc. (A)vs › | $39.08B | 53.00% | 53.36% | 52.95% | 53.14% |
| IQVIA Holdings Inc. (IQV)vs › | $38.68B | 26.23% | 30.59% | 32.75% | 33.07% |
| Edwards Lifesciences Corporation (EW)vs › | $49.56B | 77.98% | 78.79% | 78.80% | 77.78% |
| Cardinal Health, Inc. (CAH)vs › | $53.87B | 3.68% | 3.47% | 3.47% | 3.76% |
| Medline Inc. (MDLN)vs › | $33.22B | 24.04% | 25.55% | 23.71% | 23.71% |
| Zoetis Inc. (ZTS)vs › | $32.40B | 70.75% | 69.79% | 68.91% | 68.46% |
| DexCom, Inc. (DXCM)vs › | $31.49B | 62.79% | 60.23% | 62.09% | 63.91% |
| Centene Corp. (CNC)vs › | $30.74B | 16.13% | 11.28% | 11.33% | 11.71% |
Gross Margin
-14.5%
(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 | -14.54% |
| 2026-03-31 | 14.98% |
| 2025-12-31 | 11.67% |
| 2025-09-30 | 14.27% |
| 2025-06-30 | 14.89% |
| 2025-03-31 | 17.37% |
| 2024-12-31 | 13.12% |
| 2024-09-30 | 14.55% |
| 2024-06-30 | 15.24% |
| 2024-03-31 | 15.15% |
| 2023-12-31 | 13.91% |
| 2023-09-30 | 17.70% |
| 2023-06-30 | 17.71% |
| 2023-03-31 | 18.26% |
| 2022-12-31 | 17.19% |
| 2022-09-30 | 19.36% |
| 2022-06-30 | 19.28% |
| 2022-03-31 | 18.13% |
| 2021-12-31 | 17.05% |
| 2021-09-30 | 20.41% |
| 2021-06-30 | 16.93% |
| 2021-03-31 | 16.32% |
| 2020-12-31 | 14.95% |
| 2020-09-30 | 22.24% |
| 2020-06-30 | 25.88% |
| 2020-03-31 | 17.62% |
| 2019-12-31 | 16.23% |
| 2019-09-30 | 18.01% |
| 2019-06-30 | 18.26% |
| 2019-03-31 | 16.46% |
| 2018-12-31 | 19.52% |
| 2018-09-30 | 21.06% |
| 2018-06-30 | 13.26% |
| 2018-03-31 | 13.22% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 100.00% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
