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 31.02% is in line with its 5-year average of 31.26%, around the middle of its 5-year range (28.28%–34.06%).
1.38% below its 12-month average of 31.45%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 32.70%.
GROSS MARGIN
31.02%
GROSS MARGIN AVG TTM
31.45%
GROSS MARGIN AVG 3Y
32.36%
GROSS MARGIN AVG 5Y
31.26%
GROSS MARGIN AVG 10Y
30.58%
GROSS MARGIN AVG 15Y
30.39%
GROSS MARGIN AVG 20Y
30.47%
CURRENT VS TTM AVG
-1.38%
CURRENT VS 3Y AVG
-4.16%
CURRENT VS 5Y AVG
-0.76%
CURRENT VS 10Y AVG
+1.44%
CURRENT VS 15Y AVG
+2.09%
CURRENT VS 20Y AVG
+1.79%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-47.42%
vs the sector median at left
Market Cap
$11.29B
Gross Margin
65.77%
TTM Avg
65.28%
3Y Avg
66.17%
5Y Avg
66.85%
Market Cap
$12.07B
Gross Margin
95.71%
TTM Avg
68.63%
3Y Avg
54.72%
5Y Avg
59.42%
Market Cap
$12.30B
Gross Margin
30.08%
TTM Avg
33.76%
3Y Avg
35.72%
5Y Avg
36.84%
Market Cap
$10.80B
Gross Margin
66.48%
TTM Avg
69.16%
3Y Avg
69.73%
5Y Avg
70.75%
Market Cap
$10.66B
Gross Margin
13.07%
TTM Avg
12.36%
3Y Avg
12.43%
5Y Avg
12.55%
Market Cap
$10.58B
Gross Margin
90.69%
TTM Avg
90.21%
3Y Avg
89.67%
5Y Avg
89.38%
Market Cap
$10.51B
Gross Margin
64.75%
TTM Avg
63.66%
3Y Avg
64.40%
5Y Avg
64.61%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DaVita Inc. (DVA) | $11.66B | 31.02% | 31.45% | 32.36% | 31.26% |
| Bio-Techne Corporation (TECH)vs › | $11.29B | 65.77% | 65.28% | 66.17% | 66.85% |
| Encompass Health Corporation (EHC)vs › | $12.07B | 95.71% | 68.63% | 54.72% | 59.42% |
| Baxter International Inc. (BAX)vs › | $12.30B | 30.08% | 33.76% | 35.72% | 36.84% |
| Align Technology, Inc. (ALGN)vs › | $10.80B | 66.48% | 69.16% | 69.73% | 70.75% |
| Penumbra, Inc. (PEN)vs › | $12.52B | 67.84% | 65.17% | 64.50% | 63.66% |
| Molina Healthcare, Inc. (MOH)vs › | $10.66B | 13.07% | 12.36% | 12.43% | 12.55% |
| Universal Health Services, Inc. (UHS)vs › | $10.58B | 90.69% | 90.21% | 89.67% | 89.38% |
| The Cooper Companies, Inc. (COO)vs › | $10.51B | 64.75% | 63.66% | 64.40% | 64.61% |
| Tempus AI, Inc. (TEM)vs › | $10.34B | 63.98% | 58.85% | 53.03% | 43.30% |
Gross Margin
31.0%
(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 | 32.70% |
| 2026-03-31 | 31.42% |
| 2025-12-31 | 28.28% |
| 2025-09-30 | 31.80% |
| 2025-06-30 | 33.08% |
| 2025-03-31 | 30.52% |
| 2024-12-31 | 32.46% |
| 2024-09-30 | 34.06% |
| 2024-06-30 | 32.77% |
| 2024-03-31 | 32.29% |
| 2023-12-31 | 32.02% |
| 2023-09-30 | 33.77% |
| 2023-06-30 | 31.48% |
| 2023-03-31 | 28.35% |
| 2022-12-31 | 28.39% |
| 2022-09-30 | 29.27% |
| 2022-06-30 | 31.09% |
| 2022-03-31 | 28.36% |
| 2021-12-31 | 30.02% |
| 2021-09-30 | 31.64% |
| 2021-06-30 | 32.62% |
| 2021-03-31 | 31.26% |
| 2020-12-31 | 29.20% |
| 2020-09-30 | 32.57% |
| 2020-06-30 | 31.09% |
| 2020-03-31 | 30.47% |
| 2019-12-31 | 30.98% |
| 2019-09-30 | 31.44% |
| 2019-06-30 | 31.13% |
| 2019-03-31 | 28.37% |
| 2018-12-31 | 28.15% |
| 2018-09-30 | 27.52% |
| 2018-06-30 | 28.33% |
| 2018-03-31 | 28.56% |
| 2017-12-31 | 30.18% |
| 2017-09-30 | 20.74% |
| 2017-06-30 | 20.75% |
| 2017-03-31 | 21.08% |
| 2016-12-31 | 21.98% |
| 2016-09-30 | 27.69% |
| 2016-06-30 | 28.15% |
| 2016-03-31 | 27.89% |
| 2015-12-31 | 28.82% |
| 2015-09-30 | 29.06% |
| 2015-06-30 | 28.78% |
| 2015-03-31 | 28.14% |
| 2014-12-31 | 28.89% |
| 2014-09-30 | 28.45% |
| 2014-06-30 | 29.19% |
| 2014-03-31 | 28.36% |
| 2013-12-31 | 30.54% |
| 2013-09-30 | 30.15% |
| 2013-06-30 | 29.86% |
| 2013-03-31 | 30.70% |
| 2012-12-31 | 30.85% |
| 2012-09-30 | 31.51% |
| 2012-06-30 | 31.80% |
| 2012-03-31 | 32.15% |
| 2011-12-31 | 34.82% |
| 2011-09-30 | 31.43% |
| 2011-06-30 | 29.10% |
| 2011-03-31 | 27.91% |
| 2010-12-31 | 31.19% |
| 2010-09-30 | 30.58% |
| 2010-06-30 | 30.02% |
| 2010-03-31 | 30.56% |
| 2009-12-31 | 30.17% |
| 2009-09-30 | 30.37% |
| 2009-06-30 | 30.75% |
| 2009-03-31 | 30.52% |
| 2008-12-31 | 30.78% |
| 2008-09-30 | 30.51% |
| 2008-06-30 | 30.84% |
| 2008-03-31 | 30.83% |
| 2007-12-31 | 31.54% |
| 2007-09-30 | 32.47% |
| 2007-06-30 | 32.13% |
| 2007-03-31 | 31.03% |
| 2006-12-31 | 31.44% |
| 2006-09-30 | 30.72% |
| 2006-06-30 | 30.21% |
| 2006-03-31 | 29.70% |
| 2005-12-31 | 29.49% |
| 2005-09-30 | 30.98% |
| 2005-06-30 | 31.41% |
| 2005-03-31 | 31.33% |
| 2004-12-31 | 31.88% |
| 2004-09-30 | 33.35% |
| 2004-06-30 | 31.99% |
| 2004-03-31 | 32.12% |
| 2003-12-31 | 38.30% |
| 2003-09-30 | 32.22% |
| 2003-06-30 | 31.42% |
| 2003-03-31 | 31.12% |
| 2002-12-31 | 36.98% |
| 2002-09-30 | 35.90% |
