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 58.43% is in line with its 5-year average of 57.80%, around the middle of its 5-year range (54.44%–62.25%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.25% below its 12-month average of 61.03%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
58.43%
GROSS MARGIN AVG TTM
61.03%
GROSS MARGIN AVG 3Y
58.71%
GROSS MARGIN AVG 5Y
57.80%
GROSS MARGIN AVG 10Y
57.79%
GROSS MARGIN AVG 15Y
58.88%
GROSS MARGIN AVG 20Y
59.28%
CURRENT VS TTM AVG
-4.25%
CURRENT VS 3Y AVG
-0.46%
CURRENT VS 5Y AVG
+1.10%
CURRENT VS 10Y AVG
+1.11%
CURRENT VS 15Y AVG
-0.76%
CURRENT VS 20Y AVG
-1.43%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
-0.95%
vs the sector median at left
Market Cap
$32.95B
Gross Margin
42.90%
TTM Avg
40.85%
3Y Avg
40.34%
5Y Avg
40.27%
Market Cap
$29.03B
Gross Margin
79.72%
TTM Avg
83.69%
3Y Avg
83.53%
5Y Avg
83.62%
Market Cap
$28.85B
Gross Margin
59.30%
TTM Avg
57.84%
3Y Avg
57.54%
5Y Avg
57.23%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ResMed Inc. (RMD) | $31.92B | 58.43% | 61.03% | 58.71% | 57.80% |
| Zoetis Inc. (ZTS)vs › | $31.38B | 70.87% | 69.79% | 68.91% | 68.46% |
| Centene Corp. (CNC)vs › | $32.88B | 16.13% | 11.28% | 11.33% | 11.71% |
| GE HealthCare Technologies Inc. (GEHC)vs › | $32.95B | 42.90% | 40.85% | 40.34% | 40.27% |
| Waters Corporation (WAT)vs › | $30.80B | 50.78% | 58.60% | 58.69% | 58.45% |
| DexCom, Inc. (DXCM)vs › | $33.08B | 62.47% | 60.28% | 62.12% | 63.92% |
| Biogen Inc. (BIIB)vs › | $30.60B | 67.71% | 73.30% | 74.61% | 77.63% |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $29.03B | 79.72% | 83.69% | 83.53% | 83.62% |
| Mettler-Toledo International Inc. (MTD)vs › | $28.85B | 59.30% | 57.84% | 57.54% | 57.23% |
| Medline Inc. (MDLN)vs › | $28.59B | 24.04% | 25.55% | 23.71% | 23.71% |
Gross Margin
58.4%
(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 | 58.43% |
| 2026-03-31 | 62.25% |
| 2025-12-31 | 62.18% |
| 2025-09-30 | 61.46% |
| 2025-06-30 | 60.84% |
| 2025-03-31 | 59.33% |
| 2024-12-31 | 58.60% |
| 2024-09-30 | 58.57% |
| 2024-06-30 | 57.58% |
| 2024-03-31 | 56.94% |
| 2023-12-31 | 57.57% |
| 2023-09-30 | 54.44% |
| 2023-06-30 | 55.02% |
| 2023-03-31 | 55.31% |
| 2022-12-31 | 56.08% |
| 2022-09-30 | 56.91% |
| 2022-06-30 | 57.12% |
| 2022-03-31 | 56.82% |
| 2021-12-31 | 56.36% |
| 2021-09-30 | 56.00% |
| 2021-06-30 | 56.01% |
| 2021-03-31 | 58.18% |
| 2020-12-31 | 57.81% |
| 2020-09-30 | 58.34% |
| 2020-06-30 | 58.33% |
| 2020-03-31 | 58.44% |
| 2019-12-31 | 58.02% |
| 2019-09-30 | 59.47% |
| 2019-06-30 | 59.27% |
| 2019-03-31 | 59.18% |
| 2018-12-31 | 58.94% |
| 2018-09-30 | 58.32% |
| 2018-06-30 | 58.12% |
| 2018-03-31 | 58.19% |
| 2017-12-31 | 58.18% |
| 2017-09-30 | 58.36% |
| 2017-06-30 | 58.16% |
| 2017-03-31 | 58.29% |
| 2016-12-31 | 58.27% |
| 2016-09-30 | 57.83% |
| 2016-06-30 | 58.13% |
| 2016-03-31 | 57.26% |
| 2015-12-31 | 58.63% |
| 2015-09-30 | 57.97% |
| 2015-06-30 | 57.26% |
| 2015-03-31 | 59.51% |
| 2014-12-31 | 62.23% |
| 2014-09-30 | 62.39% |
| 2014-06-30 | 62.92% |
| 2014-03-31 | 63.30% |
| 2013-12-31 | 64.72% |
| 2013-09-30 | 63.74% |
| 2013-06-30 | 62.67% |
| 2013-03-31 | 62.42% |
| 2012-12-31 | 61.80% |
| 2012-09-30 | 61.42% |
| 2012-06-30 | 60.89% |
| 2012-03-31 | 60.30% |
| 2011-12-31 | 59.72% |
| 2011-09-30 | 58.79% |
| 2011-06-30 | 58.17% |
| 2011-03-31 | 58.26% |
| 2010-12-31 | 60.79% |
| 2010-09-30 | 61.68% |
| 2010-06-30 | 59.85% |
| 2010-03-31 | 59.78% |
| 2009-12-31 | 59.68% |
| 2009-09-30 | 60.80% |
| 2009-06-30 | 62.20% |
| 2009-03-31 | 60.98% |
| 2008-12-31 | 58.76% |
| 2008-09-30 | 58.33% |
| 2008-06-30 | 57.02% |
| 2008-03-31 | 59.75% |
| 2007-12-31 | 59.86% |
| 2007-09-30 | 60.18% |
| 2007-06-30 | 61.27% |
| 2007-03-31 | 29.64% |
| 2006-12-31 | 62.63% |
| 2006-09-30 | 61.91% |
| 2006-06-30 | 60.87% |
| 2006-03-31 | 62.16% |
| 2005-12-31 | 62.65% |
| 2005-09-30 | 63.02% |
| 2005-06-30 | 63.60% |
| 2005-03-31 | 64.82% |
| 2004-12-31 | 65.82% |
| 2004-09-30 | 64.30% |
| 2004-06-30 | 64.17% |
| 2004-03-31 | 63.05% |
| 2003-12-31 | 63.70% |
| 2003-09-30 | 64.71% |
| 2003-06-30 | 62.41% |
| 2003-03-31 | 62.59% |
| 2002-12-31 | 64.08% |
| 2002-09-30 | 64.34% |
