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 21.85% is 24% below its 5-year average of 28.75%, near the low end of its 5-year range (18.83%–30.03%).
5.20% below its 12-month average of 23.05%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 18.83%.
GROSS MARGIN
21.85%
GROSS MARGIN AVG TTM
23.05%
GROSS MARGIN AVG 3Y
26.89%
GROSS MARGIN AVG 5Y
28.75%
GROSS MARGIN AVG 10Y
29.03%
GROSS MARGIN AVG 15Y
33.05%
GROSS MARGIN AVG 20Y
35.35%
CURRENT VS TTM AVG
-5.20%
CURRENT VS 3Y AVG
-18.74%
CURRENT VS 5Y AVG
-24.01%
CURRENT VS 10Y AVG
-24.74%
CURRENT VS 15Y AVG
-33.89%
CURRENT VS 20Y AVG
-38.19%
SECTOR MEDIAN · HEALTHCARE
58.60%
median of 100 covered companies
CURRENT VS SECTOR MEDIAN
-62.71%
vs the sector median at left
ICON Public Limited Company
Market Cap
$12.41B
Gross Margin
21.85%
TTM Avg
23.05%
3Y Avg
26.89%
5Y Avg
28.75%
Market Cap
$12.14B
Gross Margin
30.08%
TTM Avg
33.76%
3Y Avg
35.72%
5Y Avg
36.84%
Market Cap
$11.88B
Gross Margin
95.71%
TTM Avg
68.63%
3Y Avg
54.72%
5Y Avg
59.42%
Market Cap
$11.34B
Gross Margin
65.77%
TTM Avg
65.28%
3Y Avg
66.17%
5Y Avg
66.85%
Market Cap
$11.10B
Gross Margin
63.64%
TTM Avg
63.66%
3Y Avg
64.40%
5Y Avg
64.61%
Market Cap
$13.98B
Gross Margin
32.24%
TTM Avg
31.70%
3Y Avg
34.15%
5Y Avg
35.17%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ICON Public Limited Company (ICLR) | $12.41B | 21.85% | 23.05% | 26.89% | 28.75% |
| Penumbra, Inc. (PEN)vs › | $12.51B | 67.84% | 65.17% | 64.50% | 63.66% |
| Baxter International Inc. (BAX)vs › | $12.14B | 30.08% | 33.76% | 35.72% | 36.84% |
| Encompass Health Corporation (EHC)vs › | $11.88B | 95.71% | 68.63% | 54.72% | 59.42% |
| DaVita Inc. (DVA)vs › | $11.47B | 31.02% | 29.95% | 30.17% | 30.48% |
| Tempus AI, Inc. (TEM)vs › | $13.43B | 63.98% | 58.85% | 53.03% | 43.30% |
| Bio-Techne Corporation (TECH)vs › | $11.34B | 65.77% | 65.28% | 66.17% | 66.85% |
| The Cooper Companies, Inc. (COO)vs › | $11.10B | 63.64% | 63.66% | 64.40% | 64.61% |
| Charles River Laboratories International, Inc. (CRL)vs › | $13.98B | 32.24% | 31.70% | 34.15% | 35.17% |
| Universal Health Services, Inc. (UHS)vs › | $10.64B | 90.69% | 90.21% | 89.67% | 89.38% |
Gross Margin
21.9%
(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 | 18.83% |
| 2026-03-31 | 23.50% |
| 2025-12-31 | 22.76% |
| 2025-09-30 | 22.32% |
| 2025-06-30 | 27.84% |
| 2025-03-31 | 27.91% |
| 2024-12-31 | 29.36% |
| 2024-09-30 | 29.13% |
| 2024-06-30 | 29.55% |
| 2024-03-31 | 29.61% |
| 2023-12-31 | 30.03% |
| 2023-09-30 | 29.49% |
| 2023-06-30 | 29.24% |
| 2023-03-31 | 29.47% |
| 2022-12-31 | 29.63% |
| 2022-09-30 | 29.17% |
| 2022-06-30 | 28.07% |
| 2022-03-31 | 27.52% |
| 2021-12-31 | 28.00% |
| 2021-09-30 | 27.24% |
| 2021-06-30 | 27.55% |
| 2021-03-31 | 27.03% |
| 2020-12-31 | 29.58% |
| 2020-09-30 | 29.69% |
| 2020-06-30 | 28.12% |
| 2020-03-31 | 29.34% |
| 2019-12-31 | 29.94% |
| 2019-09-30 | 29.65% |
| 2019-06-30 | 29.42% |
| 2019-03-31 | 29.54% |
| 2018-12-31 | 29.43% |
| 2018-09-30 | 29.90% |
| 2018-06-30 | 29.98% |
| 2018-03-31 | 30.56% |
| 2017-12-31 | 41.31% |
| 2017-09-30 | 41.03% |
| 2017-06-30 | 41.99% |
| 2017-03-31 | 42.02% |
| 2016-12-31 | 42.20% |
| 2016-09-30 | 42.11% |
| 2016-06-30 | 42.04% |
| 2016-03-31 | 42.92% |
| 2015-12-31 | 43.13% |
| 2015-09-30 | 42.61% |
| 2015-06-30 | 42.12% |
| 2015-03-31 | 41.25% |
| 2014-12-31 | 41.07% |
| 2014-09-30 | 40.67% |
| 2014-06-30 | 39.58% |
| 2014-03-31 | 38.18% |
| 2013-12-31 | 37.68% |
| 2013-09-30 | 37.12% |
| 2013-06-30 | 35.90% |
| 2013-03-31 | 36.12% |
| 2012-12-31 | 36.03% |
| 2012-09-30 | 35.79% |
| 2012-06-30 | 34.97% |
| 2012-03-31 | 35.69% |
| 2011-12-31 | 34.78% |
| 2011-09-30 | 34.24% |
| 2011-06-30 | 35.26% |
| 2011-03-31 | 36.99% |
| 2010-12-31 | 39.79% |
| 2010-09-30 | 38.04% |
| 2010-06-30 | 41.51% |
| 2010-03-31 | 40.07% |
| 2009-12-31 | 42.27% |
| 2009-09-30 | 42.29% |
| 2009-06-30 | 43.12% |
| 2009-03-31 | 43.52% |
| 2008-12-31 | 43.15% |
| 2008-09-30 | 43.26% |
| 2008-06-30 | 43.67% |
| 2008-03-31 | 43.78% |
| 2007-12-31 | 44.44% |
| 2007-09-30 | 45.08% |
| 2007-06-30 | 42.96% |
| 2007-03-31 | 42.28% |
| 2006-12-31 | 43.30% |
| 2006-09-30 | 43.31% |
| 2006-06-30 | 44.14% |
| 2006-03-31 | 44.46% |
| 2005-11-30 | 44.68% |
| 2005-08-31 | 44.94% |
| 2005-05-31 | 44.71% |
| 2005-02-28 | 44.47% |
| 2004-11-30 | 45.06% |
| 2004-08-31 | 45.81% |
| 2004-05-31 | 45.72% |
| 2004-02-29 | 44.70% |
| 2003-11-30 | 45.26% |
| 2003-08-31 | 45.31% |
| 2003-05-31 | 47.19% |
| 2003-02-28 | 43.74% |
| 2002-11-30 | 46.36% |
| 2002-08-31 | 45.74% |