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 66.69% is in line with its 5-year average of 65.88%, around the middle of its 5-year range (57.66%–75.87%).
0.26% above its 12-month average of 66.51%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
66.69%
GROSS MARGIN AVG TTM
66.51%
GROSS MARGIN AVG 3Y
65.19%
GROSS MARGIN AVG 5Y
65.88%
GROSS MARGIN AVG 10Y
66.89%
GROSS MARGIN AVG 15Y
68.81%
GROSS MARGIN AVG 20Y
70.37%
CURRENT VS TTM AVG
+0.26%
CURRENT VS 3Y AVG
+2.30%
CURRENT VS 5Y AVG
+1.24%
CURRENT VS 10Y AVG
-0.29%
CURRENT VS 15Y AVG
-3.08%
CURRENT VS 20Y AVG
-5.23%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+13.04%
vs the sector median at left
Market Cap
$123.70B
Gross Margin
66.68%
TTM Avg
66.73%
3Y Avg
66.82%
5Y Avg
67.04%
Market Cap
$105.97B
Gross Margin
65.17%
TTM Avg
62.91%
3Y Avg
61.66%
5Y Avg
61.70%
Market Cap
$132.14B
Gross Margin
70.16%
TTM Avg
63.94%
3Y Avg
60.40%
5Y Avg
58.39%
Market Cap
$134.24B
Gross Margin
86.04%
TTM Avg
85.57%
3Y Avg
86.56%
5Y Avg
87.08%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medtronic plc (MDT) | $118.26B | 66.69% | 66.51% | 65.19% | 65.88% |
| CVS Health Corp. (CVS)vs › | $122.58B | 14.15% | 13.78% | 14.92% | 15.96% |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.70B | 66.68% | 66.73% | 66.82% | 67.04% |
| Stryker Corporation (SYK)vs › | $105.97B | 65.17% | 62.91% | 61.66% | 61.70% |
| Bristol-Myers Squibb Company (BMY)vs › | $132.14B | 70.16% | 63.94% | 60.40% | 58.39% |
| McKesson Corporation (MCK)vs › | $104.10B | 3.64% | 3.54% | 3.83% | 4.16% |
| Sanofi (SNY)vs › | $103.62B | 73.01% | 71.13% | 70.66% | 69.80% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 86.04% | 85.57% | 86.56% | 87.08% |
| GSK plc (GSK)vs › | $97.25B | 72.71% | 71.78% | 70.69% | 69.52% |
| Danaher Corporation (DHR)vs › | $144.25B | 58.51% | 60.22% | 59.98% | 59.48% |
Gross Margin
66.7%
(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 |
|---|---|
| 2026-07-31 | 64.99% |
| 2026-04-24 | 75.87% |
| 2026-01-23 | 64.88% |
| 2025-10-24 | 60.32% |
| 2025-07-25 | 57.66% |
| 2025-04-25 | 64.75% |
| 2025-01-24 | 66.49% |
| 2024-10-25 | 64.94% |
| 2024-07-26 | 65.12% |
| 2024-04-26 | 64.56% |
| 2024-01-26 | 65.61% |
| 2023-10-27 | 65.42% |
| 2023-07-28 | 65.88% |
| 2023-04-28 | 65.15% |
| 2023-01-27 | 65.20% |
| 2022-10-28 | 66.58% |
| 2022-07-29 | 65.87% |
| 2022-04-29 | 67.97% |
| 2022-01-28 | 68.32% |
| 2021-10-29 | 68.18% |
| 2021-07-30 | 67.47% |
| 2021-04-30 | 67.60% |
| 2021-01-29 | 66.29% |
| 2020-10-30 | 64.63% |
| 2020-07-31 | 61.50% |
| 2020-04-24 | 62.24% |
| 2020-01-24 | 68.90% |
| 2019-10-25 | 68.93% |
| 2019-07-26 | 68.42% |
| 2019-04-26 | 69.52% |
| 2019-01-25 | 69.98% |
| 2018-10-26 | 70.55% |
| 2018-07-27 | 70.15% |
| 2018-04-27 | 70.59% |
| 2018-01-26 | 70.23% |
| 2017-10-27 | 69.89% |
| 2017-07-28 | 68.17% |
| 2017-04-28 | 69.23% |
| 2017-01-27 | 68.86% |
| 2016-10-28 | 68.33% |
| 2016-07-29 | 68.45% |
| 2016-04-29 | 68.77% |
| 2016-01-29 | 69.12% |
| 2015-10-30 | 69.08% |
| 2015-07-31 | 66.24% |
| 2015-04-24 | 59.83% |
| 2015-01-23 | 73.88% |
| 2014-10-31 | 73.84% |
| 2014-07-31 | 74.14% |
| 2014-04-30 | 74.33% |
| 2014-01-31 | 74.78% |
| 2013-10-31 | 74.01% |
| 2013-07-31 | 74.97% |
| 2013-04-30 | 74.59% |
| 2013-01-31 | 75.19% |
| 2012-10-31 | 75.09% |
| 2012-07-31 | 75.72% |
| 2012-04-30 | 75.63% |
| 2012-01-31 | 76.24% |
| 2011-10-31 | 74.13% |
| 2011-07-31 | 73.97% |
| 2011-04-30 | 75.09% |
| 2011-01-31 | 73.79% |
| 2010-10-31 | 75.38% |
| 2010-07-31 | 76.33% |
| 2010-04-30 | 75.88% |
| 2010-01-31 | 76.32% |
| 2009-10-31 | 75.98% |
| 2009-07-31 | 75.44% |
| 2009-04-30 | 75.66% |
| 2009-01-31 | 75.73% |
| 2008-10-31 | 75.27% |
| 2008-07-31 | 76.93% |
| 2008-04-30 | 75.54% |
| 2008-01-31 | 74.45% |
| 2007-10-31 | 73.11% |
| 2007-07-31 | 74.67% |
| 2007-04-30 | 73.60% |
| 2007-01-31 | 74.57% |
| 2006-10-31 | 74.15% |
| 2006-07-31 | 74.73% |
| 2006-04-30 | 74.96% |
| 2006-01-31 | 74.78% |
| 2005-10-31 | 74.85% |
| 2005-07-31 | 75.68% |
| 2005-04-30 | 74.60% |
| 2005-01-31 | 76.07% |
| 2004-10-31 | 75.63% |
| 2004-07-31 | 76.54% |
| 2004-04-30 | 75.07% |
| 2004-01-31 | 75.46% |
| 2003-10-31 | 75.23% |
| 2003-07-31 | 75.10% |
| 2003-04-30 | 74.83% |
| 2003-01-31 | 75.17% |
| 2002-10-31 | 75.64% |
