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 66.88% is in line with its 5-year average of 66.81%, around the middle of its 5-year range (62.72%–69.51%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.03% above its 12-month average of 65.55%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
66.88%
GROSS MARGIN AVG TTM
65.55%
GROSS MARGIN AVG 3Y
66.03%
GROSS MARGIN AVG 5Y
66.81%
GROSS MARGIN AVG 10Y
66.55%
GROSS MARGIN AVG 15Y
67.36%
GROSS MARGIN AVG 20Y
70.96%
CURRENT VS TTM AVG
+2.03%
CURRENT VS 3Y AVG
+1.29%
CURRENT VS 5Y AVG
+0.11%
CURRENT VS 10Y AVG
+0.51%
CURRENT VS 15Y AVG
-0.71%
CURRENT VS 20Y AVG
-5.74%
SECTOR MEDIAN · HEALTHCARE
58.99%
median of 76 covered companies
CURRENT VS SECTOR MEDIAN
+13.37%
vs the sector median at left
Bio-Techne Corporation
Market Cap
$11.30B
Gross Margin
66.88%
TTM Avg
65.55%
3Y Avg
66.03%
5Y Avg
66.81%
Market Cap
$10.21B
Gross Margin
90.69%
TTM Avg
90.21%
3Y Avg
89.67%
5Y Avg
89.38%
Market Cap
$12.39B
Gross Margin
66.48%
TTM Avg
69.16%
3Y Avg
69.73%
5Y Avg
70.75%
Market Cap
$10.16B
Gross Margin
29.69%
TTM Avg
29.43%
3Y Avg
29.32%
5Y Avg
29.12%
Market Cap
$10.15B
Gross Margin
13.07%
TTM Avg
12.36%
3Y Avg
12.43%
5Y Avg
12.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bio-Techne Corporation (TECH) | $11.30B | 66.88% | 65.55% | 66.03% | 66.81% |
| DaVita Inc. (DVA)vs › | $11.45B | 27.00% | 29.95% | 30.17% | 30.48% |
| Universal Health Services, Inc. (UHS)vs › | $10.21B | 90.69% | 90.21% | 89.67% | 89.38% |
| Align Technology, Inc. (ALGN)vs › | $12.39B | 66.48% | 69.16% | 69.73% | 70.75% |
| Henry Schein, Inc. (HSIC)vs › | $10.16B | 29.69% | 29.43% | 29.32% | 29.12% |
| Molina Healthcare, Inc. (MOH)vs › | $10.15B | 13.07% | 12.36% | 12.43% | 12.55% |
| Insulet Corp. (PODD)vs › | $10.02B | 71.08% | 70.71% | 67.87% | 67.39% |
| Tempus AI, Inc. (TEM)vs › | $9.76B | 63.98% | 58.85% | 53.03% | 43.30% |
| Revvity, Inc. (RVTY)vs › | $12.91B | 52.11% | 50.55% | 50.58% | 52.43% |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $9.59B | 51.90% | 52.87% | 53.77% | 54.60% |
Gross Margin
66.9%
(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 |
|---|---|
| 2026-03-31 | 66.88% |
| 2025-12-31 | 64.65% |
| 2025-09-30 | 65.65% |
| 2025-06-30 | 62.72% |
| 2025-03-31 | 67.86% |
| 2024-12-31 | 65.27% |
| 2024-09-30 | 63.23% |
| 2024-06-30 | 66.43% |
| 2024-03-31 | 67.43% |
| 2023-12-31 | 64.78% |
| 2023-09-30 | 66.87% |
| 2023-06-30 | 67.93% |
| 2023-03-31 | 68.73% |
| 2022-12-31 | 67.52% |
| 2022-09-30 | 66.60% |
| 2022-06-30 | 69.51% |
| 2022-03-31 | 69.38% |
| 2021-12-31 | 68.22% |
| 2021-09-30 | 66.35% |
| 2021-06-30 | 67.92% |
| 2021-03-31 | 69.09% |
| 2020-12-31 | 67.29% |
| 2020-09-30 | 67.45% |
| 2020-06-30 | 64.44% |
| 2020-03-31 | 66.81% |
| 2019-12-31 | 65.65% |
| 2019-09-30 | 64.62% |
| 2019-06-30 | 66.92% |
| 2019-03-31 | 67.41% |
| 2018-12-31 | 64.76% |
| 2018-09-30 | 66.03% |
| 2018-06-30 | 67.78% |
| 2018-03-31 | 67.24% |
| 2017-12-31 | 66.06% |
| 2017-09-30 | 67.68% |
| 2017-06-30 | 65.38% |
| 2017-03-31 | 65.39% |
| 2016-12-31 | 64.55% |
| 2016-09-30 | 64.69% |
| 2016-06-30 | 66.56% |
| 2016-03-31 | 68.71% |
| 2015-12-31 | 67.48% |
| 2015-09-30 | 67.09% |
| 2015-06-30 | 67.22% |
| 2015-03-31 | 69.54% |
| 2014-12-31 | 67.66% |
| 2014-09-30 | 67.36% |
| 2014-06-30 | 68.73% |
| 2014-03-31 | 71.28% |
| 2013-12-31 | 69.74% |
| 2013-09-30 | 71.34% |
| 2013-06-30 | 74.38% |
| 2013-03-31 | 75.50% |
| 2012-12-31 | 73.60% |
| 2012-09-30 | 74.09% |
| 2012-06-30 | 74.81% |
| 2012-03-31 | 75.80% |
| 2011-12-31 | 73.89% |
| 2011-09-30 | 75.24% |
| 2011-06-30 | 76.00% |
| 2011-03-31 | 79.24% |
| 2010-12-31 | 77.52% |
| 2010-09-30 | 77.57% |
| 2010-06-30 | 79.26% |
| 2010-03-31 | 79.51% |
| 2009-12-31 | 79.66% |
| 2009-09-30 | 80.61% |
| 2009-06-30 | 77.41% |
| 2009-03-31 | 78.91% |
| 2008-12-31 | 78.30% |
| 2008-09-30 | 81.12% |
| 2008-06-30 | 79.51% |
| 2008-03-31 | 79.65% |
| 2007-12-31 | 79.48% |
| 2007-09-30 | 79.13% |
| 2007-06-30 | 78.27% |
| 2007-03-31 | 80.03% |
| 2006-12-31 | 79.60% |
| 2006-09-30 | 78.54% |
| 2006-06-30 | 77.29% |
| 2006-03-31 | 77.92% |
| 2005-12-31 | 77.73% |
| 2005-09-30 | 76.74% |
| 2005-06-30 | 79.29% |
| 2005-03-31 | 80.94% |
| 2004-12-31 | 78.84% |
| 2004-09-30 | 78.28% |
| 2004-06-30 | 79.19% |
| 2004-03-31 | 78.97% |
| 2003-12-31 | 77.94% |
| 2003-09-30 | 77.20% |
| 2003-06-30 | 75.70% |
| 2003-03-31 | 76.80% |
| 2002-12-31 | 74.86% |
| 2002-09-30 | 74.85% |
| 2002-06-30 | 76.04% |
