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 3.71% is 19% above its 5-year average of 3.11%, around the middle of its 5-year range (2.74%–4.26%).
2.07% above its 12-month average of 3.63%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-06-30): 4.26%.
GROSS MARGIN
3.71%
GROSS MARGIN AVG TTM
3.63%
GROSS MARGIN AVG 3Y
3.03%
GROSS MARGIN AVG 5Y
3.11%
GROSS MARGIN AVG 10Y
2.85%
GROSS MARGIN AVG 15Y
2.85%
GROSS MARGIN AVG 20Y
2.94%
CURRENT VS TTM AVG
+2.07%
CURRENT VS 3Y AVG
+22.53%
CURRENT VS 5Y AVG
+19.24%
CURRENT VS 10Y AVG
+30.10%
CURRENT VS 15Y AVG
+29.96%
CURRENT VS 20Y AVG
+26.38%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-93.71%
vs the sector median at left
Market Cap
$63.88B
Gross Margin
71.16%
TTM Avg
65.16%
3Y Avg
63.29%
5Y Avg
62.03%
Market Cap
$49.00B
Gross Margin
46.12%
TTM Avg
45.33%
3Y Avg
44.44%
5Y Avg
44.19%
Market Cap
$48.58B
Gross Margin
77.98%
TTM Avg
78.79%
3Y Avg
78.80%
5Y Avg
77.78%
Market Cap
$80.51B
Gross Margin
84.86%
TTM Avg
85.74%
3Y Avg
85.09%
5Y Avg
84.57%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cencora, Inc. (COR) | $62.57B | 3.71% | 3.63% | 3.03% | 3.11% |
| Boston Scientific Corporation (BSX)vs › | $63.88B | 71.16% | 65.16% | 63.29% | 62.03% |
| Moderna, Inc. (MRNA)vs › | $57.13B | 55.35% | 54.80% | 53.09% | 65.45% |
| Cardinal Health, Inc. (CAH)vs › | $54.94B | 3.84% | 3.75% | 3.54% | 3.65% |
| Cigna Corporation (CI)vs › | $74.19B | 11.66% | 9.98% | 11.47% | 12.36% |
| Humana Inc. (HUM)vs › | $49.21B | 13.65% | 14.54% | 16.14% | 17.03% |
| Becton, Dickinson and Company (BDX)vs › | $49.00B | 46.12% | 45.33% | 44.44% | 44.19% |
| Edwards Lifesciences Corporation (EW)vs › | $48.58B | 77.98% | 78.79% | 78.80% | 77.78% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $80.51B | 84.86% | 85.74% | 85.09% | 84.57% |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $43.20B | 52.47% | 50.27% | 48.88% | 48.29% |
Gross Margin
3.7%
(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 |
|---|---|
| 2026-06-30 | 4.26% |
| 2026-03-31 | 4.24% |
| 2025-12-31 | 3.27% |
| 2025-09-30 | 3.11% |
| 2025-06-30 | 3.30% |
| 2025-03-31 | 3.47% |
| 2024-12-31 | 2.78% |
| 2024-09-30 | 2.74% |
| 2024-06-30 | 2.81% |
| 2024-03-31 | 3.30% |
| 2023-12-31 | 2.98% |
| 2023-09-30 | 2.77% |
| 2023-06-30 | 2.80% |
| 2023-03-31 | 3.24% |
| 2022-12-31 | 3.06% |
| 2022-09-30 | 2.97% |
| 2022-06-30 | 3.07% |
| 2022-03-31 | 3.57% |
| 2021-12-31 | 3.16% |
| 2021-09-30 | 3.17% |
| 2021-06-30 | 3.57% |
| 2021-03-31 | 2.91% |
| 2020-12-31 | 2.58% |
| 2020-09-30 | 2.54% |
| 2020-06-30 | 2.49% |
| 2020-03-31 | 2.73% |
| 2019-12-31 | 2.34% |
| 2019-09-30 | 2.35% |
| 2019-06-30 | 2.48% |
| 2019-03-31 | 2.88% |
| 2018-12-31 | 2.40% |
| 2018-09-30 | 2.11% |
| 2018-06-30 | 2.45% |
| 2018-03-31 | 2.77% |
| 2017-12-31 | 2.49% |
| 2017-09-30 | 2.73% |
| 2017-06-30 | 2.53% |
| 2017-03-31 | 3.12% |
| 2016-12-31 | 2.46% |
| 2016-09-30 | 2.74% |
| 2016-06-30 | 3.00% |
| 2016-03-31 | 3.01% |
| 2015-12-31 | 2.63% |
| 2015-09-30 | 2.74% |
| 2015-06-30 | 2.60% |
| 2015-03-31 | 2.79% |
| 2014-12-31 | 2.24% |
| 2014-09-30 | 2.76% |
| 2014-06-30 | 2.28% |
| 2014-03-31 | 2.56% |
| 2013-12-31 | 2.36% |
| 2013-09-30 | 2.32% |
| 2013-06-30 | 2.57% |
| 2013-03-31 | 3.49% |
| 2012-12-31 | 3.13% |
| 2012-09-30 | 3.59% |
| 2012-06-30 | 3.49% |
| 2012-03-31 | 3.46% |
| 2011-12-31 | 2.91% |
| 2011-09-30 | 3.03% |
| 2011-06-30 | 3.24% |
| 2011-03-31 | 3.48% |
| 2010-12-31 | 2.92% |
| 2010-09-30 | 3.01% |
| 2010-06-30 | 3.00% |
| 2010-03-31 | 3.17% |
| 2009-12-31 | 2.91% |
| 2009-09-30 | 2.88% |
| 2009-06-30 | 2.82% |
| 2009-03-31 | 3.19% |
| 2008-12-31 | 2.83% |
| 2008-09-30 | 3.07% |
| 2008-06-30 | 2.77% |
| 2008-03-31 | 3.13% |
| 2007-12-31 | 2.92% |
| 2007-09-30 | 3.22% |
| 2007-06-30 | 3.63% |
| 2007-03-31 | 3.67% |
| 2006-12-31 | 3.56% |
| 2006-09-30 | 3.74% |
| 2006-06-30 | 3.55% |
| 2006-03-31 | 3.68% |
| 2005-12-31 | 3.61% |
| 2005-09-30 | 3.75% |
| 2005-06-30 | 3.63% |
| 2005-03-31 | 3.81% |
| 2004-12-31 | 3.38% |
| 2004-09-30 | 3.69% |
| 2004-06-30 | 4.40% |
| 2004-03-31 | 4.36% |
| 2003-12-31 | 3.95% |
| 2003-09-30 | 4.62% |
| 2003-06-30 | 4.51% |
| 2003-03-31 | 4.78% |
| 2002-12-31 | 4.19% |
| 2002-09-30 | 4.56% |