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 71.32% is 12% above its 5-year average of 63.95%, near the high end of its 5-year range (21.41%–74.95%).
2.10% above its 12-month average of 69.85%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
71.32%
GROSS MARGIN AVG TTM
69.85%
GROSS MARGIN AVG 3Y
68.37%
GROSS MARGIN AVG 5Y
63.95%
GROSS MARGIN AVG 10Y
67.96%
GROSS MARGIN AVG 15Y
72.09%
GROSS MARGIN AVG 20Y
74.14%
CURRENT VS TTM AVG
+2.10%
CURRENT VS 3Y AVG
+4.32%
CURRENT VS 5Y AVG
+11.53%
CURRENT VS 10Y AVG
+4.95%
CURRENT VS 15Y AVG
-1.06%
CURRENT VS 20Y AVG
-3.81%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+20.89%
vs the sector median at left
Market Cap
$144.25B
Gross Margin
58.51%
TTM Avg
60.22%
3Y Avg
59.98%
5Y Avg
59.48%
Market Cap
$182.06B
Gross Margin
79.59%
TTM Avg
78.55%
3Y Avg
78.10%
5Y Avg
78.28%
Market Cap
$134.24B
Gross Margin
86.04%
TTM Avg
85.57%
3Y Avg
86.56%
5Y Avg
87.08%
Market Cap
$182.59B
Gross Margin
56.80%
TTM Avg
53.17%
3Y Avg
51.86%
5Y Avg
51.92%
Market Cap
$132.14B
Gross Margin
70.16%
TTM Avg
63.94%
3Y Avg
60.40%
5Y Avg
58.39%
Market Cap
$123.70B
Gross Margin
66.68%
TTM Avg
66.73%
3Y Avg
66.82%
5Y Avg
67.04%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pfizer Inc. (PFE) | $158.39B | 71.32% | 69.85% | 68.37% | 63.95% |
| Danaher Corporation (DHR)vs › | $144.25B | 58.51% | 60.22% | 59.98% | 59.48% |
| Gilead Sciences, Inc. (GILD)vs › | $182.06B | 79.59% | 78.55% | 78.10% | 78.28% |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 86.04% | 85.57% | 86.56% | 87.08% |
| Abbott Laboratories (ABT)vs › | $182.59B | 56.80% | 53.17% | 51.86% | 51.92% |
| Bristol-Myers Squibb Company (BMY)vs › | $132.14B | 70.16% | 63.94% | 60.40% | 58.39% |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.70B | 66.68% | 66.73% | 66.82% | 67.04% |
| CVS Health Corp. (CVS)vs › | $122.58B | 14.15% | 13.78% | 14.92% | 15.96% |
| Medtronic plc (MDT)vs › | $118.26B | 66.69% | 65.17% | 65.34% | 65.75% |
| Novo Nordisk A/S (NVO)vs › | $200.54B | 80.64% | 82.83% | 83.54% | 83.48% |
Gross Margin
71.3%
(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 |
|---|---|
| 2026-06-28 | 72.78% |
| 2026-03-29 | 67.26% |
| 2025-12-31 | 69.97% |
| 2025-09-28 | 74.95% |
| 2025-06-29 | 64.29% |
| 2025-03-29 | 71.65% |
| 2024-12-31 | 73.01% |
| 2024-09-29 | 60.85% |
| 2024-06-30 | 62.06% |
| 2024-03-31 | 70.56% |
| 2023-12-31 | 41.04% |
| 2023-10-01 | 21.41% |
| 2023-07-02 | 64.67% |
| 2023-04-02 | 67.81% |
| 2022-12-31 | 55.13% |
| 2022-10-02 | 69.13% |
| 2022-07-03 | 67.32% |
| 2022-04-03 | 57.92% |
| 2021-12-31 | 55.21% |
| 2021-10-03 | 54.84% |
| 2021-07-04 | 58.49% |
| 2021-04-04 | 65.57% |
| 2020-12-31 | 68.27% |
| 2020-09-27 | 72.21% |
| 2020-06-28 | 72.81% |
| 2020-03-29 | 72.47% |
| 2019-12-31 | 71.50% |
| 2019-09-29 | 70.08% |
| 2019-06-30 | 71.83% |
| 2019-03-31 | 72.60% |
| 2018-12-31 | 69.27% |
| 2018-09-30 | 70.48% |
| 2018-07-01 | 69.65% |
| 2018-04-01 | 71.13% |
| 2017-12-31 | 68.00% |
| 2017-10-01 | 69.93% |
| 2017-07-02 | 70.29% |
| 2017-04-02 | 71.62% |
| 2016-12-31 | 69.33% |
| 2016-10-02 | 69.64% |
| 2016-07-03 | 75.86% |
| 2016-04-03 | 78.08% |
| 2015-12-31 | 75.72% |
| 2015-09-27 | 81.64% |
| 2015-06-28 | 81.61% |
| 2015-03-29 | 83.08% |
| 2014-12-31 | 79.41% |
| 2014-09-28 | 80.84% |
| 2014-06-29 | 80.72% |
| 2014-03-30 | 81.99% |
| 2013-12-31 | 79.39% |
| 2013-09-29 | 81.91% |
| 2013-06-30 | 82.72% |
| 2013-03-31 | 80.36% |
| 2012-12-31 | 78.95% |
| 2012-09-30 | 80.93% |
| 2012-07-01 | 81.72% |
| 2012-04-01 | 80.69% |
| 2011-12-31 | 76.66% |
| 2011-10-02 | 78.60% |
| 2011-07-03 | 77.60% |
| 2011-04-03 | 77.62% |
| 2010-12-31 | 75.62% |
| 2010-10-03 | 75.91% |
| 2010-07-04 | 78.10% |
| 2010-04-04 | 74.29% |
| 2009-12-31 | 76.20% |
| 2009-09-27 | 84.61% |
| 2009-06-28 | 84.01% |
| 2009-03-29 | 87.04% |
| 2008-12-31 | 86.11% |
| 2008-09-28 | 82.28% |
| 2008-06-29 | 81.13% |
| 2008-03-30 | 83.24% |
| 2007-12-31 | 79.60% |
| 2007-09-30 | 61.48% |
| 2007-07-01 | 80.97% |
| 2007-04-01 | 84.87% |
| 2006-12-31 | 82.41% |
| 2006-10-01 | 84.02% |
| 2006-07-02 | 84.75% |
| 2006-04-02 | 84.42% |
| 2005-12-31 | 82.75% |
| 2005-10-02 | 84.35% |
| 2005-07-03 | 83.25% |
| 2005-04-03 | 83.26% |
| 2004-12-31 | 84.21% |
| 2004-09-26 | 87.22% |
| 2004-06-27 | 85.73% |
| 2004-03-28 | 85.63% |
| 2003-12-31 | 76.19% |
| 2003-09-28 | 73.08% |
| 2003-06-29 | 79.72% |
| 2003-03-30 | 87.51% |
| 2002-12-31 | 95.44% |
| 2002-09-29 | 84.94% |
