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 31.42% is in line with its 5-year average of 31.19%, around the middle of its 5-year range (28.28%–34.06%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.30% above its 12-month average of 31.02%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
31.42%
GROSS MARGIN AVG TTM
31.02%
GROSS MARGIN AVG 3Y
32.33%
GROSS MARGIN AVG 5Y
31.19%
GROSS MARGIN AVG 10Y
30.45%
GROSS MARGIN AVG 15Y
30.30%
GROSS MARGIN AVG 20Y
30.44%
CURRENT VS TTM AVG
+1.30%
CURRENT VS 3Y AVG
-2.82%
CURRENT VS 5Y AVG
+0.75%
CURRENT VS 10Y AVG
+3.19%
CURRENT VS 15Y AVG
+3.70%
CURRENT VS 20Y AVG
+3.25%
SECTOR MEDIAN · HEALTHCARE
58.51%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-46.29%
vs the sector median at left
Market Cap
$15.33B
Gross Margin
53.67%
TTM Avg
54.56%
3Y Avg
56.03%
5Y Avg
57.27%
Market Cap
$16.33B
Gross Margin
28.76%
TTM Avg
30.59%
3Y Avg
29.65%
5Y Avg
29.57%
Market Cap
$14.25B
Gross Margin
64.37%
TTM Avg
63.66%
3Y Avg
64.40%
5Y Avg
64.61%
Market Cap
$12.90B
Gross Margin
68.16%
TTM Avg
69.16%
3Y Avg
69.73%
5Y Avg
70.75%
Market Cap
$12.79B
Gross Margin
30.11%
TTM Avg
33.76%
3Y Avg
35.72%
5Y Avg
36.84%
Market Cap
$18.79B
Gross Margin
61.62%
TTM Avg
66.54%
3Y Avg
68.95%
5Y Avg
69.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DaVita Inc. (DVA) | $15.47B | 31.42% | 31.02% | 32.33% | 31.19% |
| Solventum Corporation (SOLV)vs › | $15.33B | 53.67% | 54.56% | 56.03% | 57.27% |
| Medpace Holdings, Inc. (MEDP)vs › | $16.33B | 28.76% | 30.59% | 29.65% | 29.57% |
| The Cooper Companies, Inc. (COO)vs › | $14.25B | 64.37% | 63.66% | 64.40% | 64.61% |
| Hologic, Inc. (HOLX)vs › | $16.97B | 61.00% | 58.14% | 57.33% | 59.28% |
| Align Technology, Inc. (ALGN)vs › | $12.90B | 68.16% | 69.16% | 69.73% | 70.75% |
| Baxter International Inc. (BAX)vs › | $12.79B | 30.11% | 33.76% | 35.72% | 36.84% |
| Revvity, Inc. (RVTY)vs › | $12.65B | 51.44% | 50.55% | 50.58% | 52.43% |
| Zimmer Biomet Holdings, Inc. (ZBH)vs › | $18.79B | 61.62% | 66.54% | 68.95% | 69.55% |
| Insulet Corp. (PODD)vs › | $11.82B | 71.01% | 70.71% | 67.87% | 67.39% |
Gross Margin
31.4%
(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 |
|---|---|
| 2026-03-31 | 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% |
| 2002-06-30 | 32.11% |
