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 51.37% is in line with its 5-year average of 46.73%, near the high end of its 5-year range (41.82%–51.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.36% above its 12-month average of 49.22%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
51.37%
GROSS MARGIN AVG TTM
49.22%
GROSS MARGIN AVG 3Y
47.78%
GROSS MARGIN AVG 5Y
46.73%
GROSS MARGIN AVG 10Y
45.29%
GROSS MARGIN AVG 15Y
45.02%
GROSS MARGIN AVG 20Y
44.21%
CURRENT VS TTM AVG
+4.36%
CURRENT VS 3Y AVG
+7.51%
CURRENT VS 5Y AVG
+9.94%
CURRENT VS 10Y AVG
+13.43%
CURRENT VS 15Y AVG
+14.11%
CURRENT VS 20Y AVG
+16.21%
SECTOR MEDIAN · HEALTHCARE
60.23%
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
-14.71%
vs the sector median at left
Merit Medical Systems, Inc.
Market Cap
$5.35B
Gross Margin
51.37%
TTM Avg
49.22%
3Y Avg
47.78%
5Y Avg
46.73%
Market Cap
$7.06B
Gross Margin
73.84%
TTM Avg
76.65%
3Y Avg
78.21%
5Y Avg
76.94%
Market Cap
$3.17B
Gross Margin
58.69%
TTM Avg
59.64%
3Y Avg
63.22%
5Y Avg
64.62%
Market Cap
$7.79B
Gross Margin
14.38%
TTM Avg
17.24%
3Y Avg
38.82%
5Y Avg
59.22%
Market Cap
$2.21B
Gross Margin
49.52%
TTM Avg
50.81%
3Y Avg
52.12%
5Y Avg
52.25%
Market Cap
$1.16B
Gross Margin
73.53%
TTM Avg
70.13%
3Y Avg
70.04%
5Y Avg
68.74%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Merit Medical Systems, Inc. (MMSI) | $5.35B | 51.37% | 49.22% | 47.78% | 46.73% |
| Doximity, Inc. (DOCS)vs › | $4.79B | 88.07% | 89.65% | 88.97% | 88.20% |
| Chemed Corporation (CHE)vs › | $6.80B | 30.44% | 32.55% | 34.06% | 34.32% |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.06B | 73.84% | 76.65% | 78.21% | 76.94% |
| TransMedics Group, Inc. (TMDX)vs › | $3.17B | 58.69% | 59.64% | 63.22% | 64.62% |
| Oscar Health, Inc. (OSCR)vs › | $7.79B | 14.38% | 17.24% | 38.82% | 59.22% |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.21B | 49.52% | 50.81% | 52.12% | 52.25% |
| Teladoc Health, Inc. (TDOC)vs › | $1.16B | 73.53% | 70.13% | 70.04% | 68.74% |
| Insulet Corp. (PODD)vs › | $9.93B | 71.08% | 70.71% | 67.87% | 67.39% |
| The Ensign Group, Inc. (ENSG)vs › | $10.11B | 14.14% | 15.74% | 16.11% | 16.54% |
Gross Margin
51.4%
(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 | 51.37% |
| 2026-03-31 | 48.39% |
| 2025-12-31 | 49.58% |
| 2025-09-30 | 48.54% |
| 2025-06-30 | 48.23% |
| 2025-03-31 | 48.41% |
| 2024-12-31 | 48.71% |
| 2024-09-30 | 46.35% |
| 2024-06-30 | 47.66% |
| 2024-03-31 | 46.90% |
| 2023-12-31 | 41.82% |
| 2023-09-30 | 45.11% |
| 2023-06-30 | 47.74% |
| 2023-03-31 | 46.50% |
| 2022-12-31 | 45.86% |
| 2022-09-30 | 44.77% |
| 2022-06-30 | 45.79% |
| 2022-03-31 | 43.90% |
| 2021-12-31 | 46.25% |
| 2021-09-30 | 45.13% |
| 2021-06-30 | 44.28% |
| 2021-03-31 | 44.95% |
| 2020-12-31 | 43.09% |
| 2020-09-30 | 41.81% |
| 2020-06-30 | 38.57% |
| 2020-03-31 | 42.62% |
| 2019-12-31 | 43.28% |
| 2019-09-30 | 42.85% |
| 2019-06-30 | 43.82% |
| 2019-03-31 | 43.90% |
| 2018-12-31 | 44.87% |
| 2018-09-30 | 46.03% |
| 2018-06-30 | 44.49% |
| 2018-03-31 | 43.37% |
| 2017-12-31 | 44.87% |
| 2017-09-30 | 44.90% |
| 2017-06-30 | 45.10% |
| 2017-03-31 | 44.39% |
| 2016-12-31 | 44.55% |
| 2016-09-30 | 43.20% |
| 2016-06-30 | 44.25% |
| 2016-03-31 | 43.53% |
| 2015-12-31 | 43.57% |
| 2015-09-30 | 43.51% |
| 2015-06-30 | 44.09% |
| 2015-03-31 | 42.74% |
| 2014-12-31 | 45.29% |
| 2014-09-30 | 44.58% |
| 2014-06-30 | 43.16% |
| 2014-03-31 | 43.65% |
| 2013-12-31 | 44.46% |
| 2013-09-30 | 44.29% |
| 2013-06-30 | 42.76% |
| 2013-03-31 | 41.36% |
| 2012-12-31 | 44.47% |
| 2012-09-30 | 47.27% |
| 2012-06-30 | 46.78% |
| 2012-03-31 | 46.19% |
| 2011-12-31 | 46.27% |
| 2011-09-30 | 45.38% |
| 2011-06-30 | 46.56% |
| 2011-03-31 | 45.92% |
| 2010-12-31 | 44.77% |
| 2010-09-30 | 42.70% |
| 2010-06-30 | 43.31% |
| 2010-03-31 | 42.17% |
| 2009-12-31 | 40.47% |
| 2009-09-30 | 42.74% |
| 2009-06-30 | 43.41% |
| 2009-03-31 | 42.50% |
| 2008-12-31 | 40.51% |
| 2008-09-30 | 40.73% |
| 2008-06-30 | 42.66% |
| 2008-03-31 | 40.32% |
| 2007-12-31 | 39.77% |
| 2007-09-30 | 39.11% |
| 2007-06-30 | 37.71% |
| 2007-03-31 | 36.95% |
| 2006-12-31 | 37.32% |
| 2006-09-30 | 38.69% |
| 2006-06-30 | 39.48% |
| 2006-03-31 | 37.86% |
| 2005-12-31 | 38.82% |
| 2005-09-30 | 40.76% |
| 2005-06-30 | 43.06% |
| 2005-03-31 | 43.36% |
| 2004-12-31 | 43.86% |
| 2004-09-30 | 44.52% |
| 2004-06-30 | 46.27% |
| 2004-03-31 | 43.63% |
| 2003-12-31 | 46.39% |
| 2003-09-30 | 46.30% |
| 2003-06-30 | 43.90% |
| 2003-03-31 | 41.81% |
| 2002-12-31 | 43.41% |
| 2002-09-30 | 42.80% |