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 25.56% is in line with its 5-year average of 26.46%, near the low end of its 5-year range (18.14%–89.12%).
29.70% below its 12-month average of 36.36%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
25.56%
GROSS MARGIN AVG TTM
36.36%
GROSS MARGIN AVG 3Y
26.96%
GROSS MARGIN AVG 5Y
26.46%
GROSS MARGIN AVG 10Y
25.24%
GROSS MARGIN AVG 15Y
49.54%
GROSS MARGIN AVG 20Y
62.00%
CURRENT VS TTM AVG
-29.70%
CURRENT VS 3Y AVG
-5.19%
CURRENT VS 5Y AVG
-3.41%
CURRENT VS 10Y AVG
+1.25%
CURRENT VS 15Y AVG
-48.41%
CURRENT VS 20Y AVG
-58.78%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
-56.67%
vs the sector median at left
Elevance Health Inc.
Market Cap
$86.50B
Gross Margin
25.56%
TTM Avg
36.36%
3Y Avg
26.96%
5Y Avg
26.46%
Market Cap
$83.11B
Gross Margin
84.86%
TTM Avg
85.74%
3Y Avg
85.09%
5Y Avg
84.57%
Market Cap
$91.81B
Gross Margin
41.50%
TTM Avg
41.06%
3Y Avg
39.99%
5Y Avg
47.00%
Market Cap
$67.48B
Gross Margin
71.16%
TTM Avg
65.16%
3Y Avg
63.29%
5Y Avg
62.03%
Market Cap
$106.26B
Gross Margin
65.17%
TTM Avg
62.91%
3Y Avg
61.66%
5Y Avg
61.70%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elevance Health Inc. (ELV) | $86.50B | 25.56% | 36.36% | 26.96% | 26.46% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $83.11B | 84.86% | 85.74% | 85.09% | 84.57% |
| HCA Healthcare, Inc. (HCA)vs › | $91.81B | 41.50% | 41.06% | 39.99% | 47.00% |
| GSK plc (GSK)vs › | $97.77B | 72.71% | 71.78% | 70.69% | 69.52% |
| Cigna Corporation (CI)vs › | $72.86B | 11.66% | 9.98% | 11.47% | 12.36% |
| Sanofi (SNY)vs › | $103.21B | 73.01% | 71.13% | 70.66% | 69.80% |
| McKesson Corporation (MCK)vs › | $104.80B | 3.64% | 3.54% | 3.83% | 4.16% |
| Boston Scientific Corporation (BSX)vs › | $67.48B | 71.16% | 65.16% | 63.29% | 62.03% |
| Stryker Corporation (SYK)vs › | $106.26B | 65.17% | 62.91% | 61.66% | 61.70% |
| Cencora, Inc. (COR)vs › | $63.28B | 3.71% | 3.06% | 3.07% | 2.95% |
Gross Margin
25.6%
(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 | 89.12% |
| 2026-03-31 | 18.14% |
| 2025-12-31 | 23.48% |
| 2025-09-30 | 24.79% |
| 2025-06-30 | 26.26% |
| 2025-03-31 | 27.77% |
| 2024-12-31 | 26.28% |
| 2024-09-30 | 27.02% |
| 2024-06-30 | 29.95% |
| 2024-03-31 | 28.26% |
| 2023-12-31 | 26.53% |
| 2023-09-30 | 28.57% |
| 2023-06-30 | 27.63% |
| 2023-03-31 | 27.00% |
| 2022-12-31 | 24.38% |
| 2022-09-30 | 26.34% |
| 2022-06-30 | 25.46% |
| 2022-03-31 | 25.89% |
| 2021-12-31 | 24.72% |
| 2021-09-30 | 25.62% |
| 2021-06-30 | 26.85% |
| 2021-03-31 | 26.82% |
| 2020-12-31 | 24.31% |
| 2020-09-30 | 26.44% |
| 2020-06-30 | 33.20% |
| 2020-03-31 | 27.45% |
| 2019-12-31 | 21.98% |
| 2019-09-30 | 22.20% |
| 2019-06-30 | 20.02% |
| 2019-03-31 | 21.83% |
| 2018-12-31 | 18.98% |
| 2018-09-30 | 21.79% |
| 2018-06-30 | 22.73% |
| 2018-03-31 | 24.37% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 100.00% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
