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 73.11% is in line with its 5-year average of 68.71%, near the high end of its 5-year range (66.40%–73.11%).
As of the fiscal period ended Sunday, June 28, 2026. 4.56% above its 12-month average of 69.92%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
73.11%
GROSS MARGIN AVG TTM
69.92%
GROSS MARGIN AVG 3Y
68.87%
GROSS MARGIN AVG 5Y
68.49%
GROSS MARGIN AVG 10Y
67.76%
GROSS MARGIN AVG 15Y
68.08%
GROSS MARGIN AVG 20Y
68.76%
CURRENT VS TTM AVG
+4.56%
CURRENT VS 3Y AVG
+6.15%
CURRENT VS 5Y AVG
+6.75%
CURRENT VS 10Y AVG
+7.90%
CURRENT VS 15Y AVG
+7.39%
CURRENT VS 20Y AVG
+6.32%
SECTOR MEDIAN · HEALTHCARE
58.51%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+24.95%
vs the sector median at left
Johnson & Johnson
Market Cap
$639.90B
Gross Margin
73.11%
TTM Avg
69.92%
3Y Avg
68.87%
5Y Avg
68.49%
Market Cap
$1.14T
Gross Margin
83.51%
TTM Avg
82.55%
3Y Avg
80.28%
5Y Avg
78.83%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Johnson & Johnson (JNJ) | $639.90B | 73.11% | 69.92% | 68.87% | 68.49% |
| Pfizer Inc. (PFE)vs › | $143.34B | 69.35% | 68.05% | 62.23% | 63.06% |
| Merck & Co., Inc. (MRK)vs › | $322.04B | 75.91% | 74.15% | 73.03% | 71.89% |
| AbbVie Inc. (ABBV)vs › | $465.69B | 70.68% | 70.11% | 68.16% | 68.00% |
| Eli Lilly and Company (LLY)vs › | $1.14T | 83.51% | 82.55% | 80.28% | 78.83% |
| Bristol-Myers Squibb Company (BMY)vs › | $128.85B | 68.75% | 62.23% | 59.55% | 57.82% |
Gross Margin
73.1%
(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 |
|---|---|
| 2026-06-28 | 73.11% |
| 2026-03-29 | 71.49% |
| 2025-12-28 | 67.56% |
| 2025-09-28 | 69.56% |
| 2025-06-29 | 67.87% |
| 2025-03-30 | 66.40% |
| 2024-12-29 | 68.35% |
| 2024-09-29 | 69.01% |
| 2024-06-30 | 69.40% |
| 2024-03-31 | 69.55% |
| 2023-12-31 | 68.23% |
| 2023-10-01 | 69.06% |
| 2023-07-02 | 69.97% |
| 2023-04-02 | 68.00% |
| 2022-12-31 | 67.24% |
| 2022-10-02 | 69.13% |
| 2022-07-03 | 67.03% |
| 2022-04-03 | 67.57% |
| 2021-12-31 | 67.93% |
| 2021-10-03 | 68.93% |
| 2021-07-04 | 67.45% |
| 2021-04-04 | 68.36% |
| 2020-12-31 | 65.23% |
| 2020-09-27 | 66.93% |
| 2020-06-28 | 64.12% |
| 2020-03-29 | 65.87% |
| 2019-12-31 | 65.61% |
| 2019-09-29 | 66.87% |
| 2019-06-30 | 66.25% |
| 2019-03-31 | 66.96% |
| 2018-12-31 | 65.87% |
| 2018-09-30 | 67.62% |
| 2018-07-01 | 66.75% |
| 2018-04-01 | 66.94% |
| 2017-12-31 | 64.13% |
| 2017-10-01 | 64.76% |
| 2017-07-02 | 68.97% |
| 2017-04-02 | 69.55% |
| 2016-12-31 | 69.44% |
| 2016-10-02 | 69.21% |
| 2016-07-03 | 71.13% |
| 2016-04-03 | 69.52% |
| 2015-12-31 | 68.15% |
| 2015-09-27 | 69.45% |
| 2015-06-28 | 69.88% |
| 2015-03-29 | 69.60% |
| 2014-12-31 | 67.94% |
| 2014-09-28 | 70.76% |
| 2014-06-29 | 69.02% |
| 2014-03-30 | 69.89% |
| 2013-12-31 | 67.56% |
| 2013-09-29 | 69.59% |
| 2013-06-30 | 69.30% |
| 2013-03-31 | 68.27% |
| 2012-12-31 | 65.81% |
| 2012-09-30 | 67.18% |
| 2012-07-01 | 68.78% |
| 2012-04-01 | 69.55% |
| 2011-12-31 | 67.16% |
| 2011-10-02 | 68.31% |
| 2011-07-03 | 68.84% |
| 2011-04-03 | 70.46% |
| 2010-12-31 | 67.78% |
| 2010-10-03 | 69.34% |
| 2010-07-04 | 69.80% |
| 2010-04-04 | 71.03% |
| 2009-12-31 | 67.91% |
| 2009-09-27 | 70.60% |
| 2009-06-28 | 70.80% |
| 2009-03-29 | 71.71% |
| 2008-12-31 | 71.20% |
| 2008-09-28 | 70.01% |
| 2008-06-29 | 71.12% |
| 2008-03-30 | 71.51% |
| 2007-12-31 | 70.33% |
| 2007-09-30 | 71.45% |
| 2007-07-01 | 71.20% |
| 2007-04-01 | 70.84% |
| 2006-12-31 | 70.71% |
| 2006-10-01 | 72.53% |
| 2006-07-02 | 71.65% |
| 2006-04-02 | 72.20% |
| 2005-12-31 | 71.26% |
| 2005-10-02 | 72.75% |
| 2005-07-03 | 72.40% |
| 2005-04-03 | 72.76% |
| 2004-12-31 | 70.94% |
| 2004-09-26 | 72.41% |
| 2004-06-27 | 72.47% |
| 2004-03-28 | 70.87% |
| 2003-12-31 | 68.83% |
| 2003-09-28 | 71.50% |
| 2003-06-29 | 71.29% |
| 2003-03-30 | 72.28% |
| 2002-12-31 | 70.25% |
| 2002-09-29 | 71.24% |