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 72.39% is in line with its 5-year average of 71.02%, near the high end of its 5-year range (64.68%–72.88%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.88% above its 12-month average of 70.36%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
72.39%
GROSS MARGIN AVG TTM
70.36%
GROSS MARGIN AVG 3Y
71.68%
GROSS MARGIN AVG 5Y
71.53%
GROSS MARGIN AVG 10Y
71.60%
GROSS MARGIN AVG 15Y
72.22%
GROSS MARGIN AVG 20Y
73.19%
CURRENT VS TTM AVG
+2.88%
CURRENT VS 3Y AVG
+0.98%
CURRENT VS 5Y AVG
+1.19%
CURRENT VS 10Y AVG
+1.10%
CURRENT VS 15Y AVG
+0.24%
CURRENT VS 20Y AVG
-1.10%
SECTOR MEDIAN · HEALTHCARE
59.09%
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+22.50%
vs the sector median at left
Zimmer Biomet Holdings, Inc.
Market Cap
$18.37B
Gross Margin
72.39%
TTM Avg
70.36%
3Y Avg
71.68%
5Y Avg
71.53%
Market Cap
$15.90B
Gross Margin
28.76%
TTM Avg
30.59%
3Y Avg
29.65%
5Y Avg
29.57%
Market Cap
$15.12B
Gross Margin
53.67%
TTM Avg
54.56%
3Y Avg
56.03%
5Y Avg
57.27%
Market Cap
$21.96B
Gross Margin
86.58%
TTM Avg
88.58%
3Y Avg
89.63%
5Y Avg
90.66%
Market Cap
$14.40B
Gross Margin
64.37%
TTM Avg
63.66%
3Y Avg
64.40%
5Y Avg
64.61%
Market Cap
$14.35B
Gross Margin
30.08%
TTM Avg
33.76%
3Y Avg
35.72%
5Y Avg
36.84%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zimmer Biomet Holdings, Inc. (ZBH) | $18.37B | 72.39% | 70.36% | 71.68% | 71.53% |
| Hologic, Inc. (HOLX)vs › | $16.97B | 61.00% | 58.14% | 57.33% | 59.28% |
| Viatris Inc. (VTRS)vs › | $20.33B | 34.40% | 36.61% | 38.73% | 36.31% |
| Medpace Holdings, Inc. (MEDP)vs › | $15.90B | 28.76% | 30.59% | 29.65% | 29.57% |
| Solventum Corporation (SOLV)vs › | $15.12B | 53.67% | 54.56% | 56.03% | 57.27% |
| United Therapeutics Corporation (UTHR)vs › | $21.96B | 86.58% | 88.58% | 89.63% | 90.66% |
| DaVita Inc. (DVA)vs › | $14.78B | 31.10% | 29.95% | 30.17% | 30.48% |
| The Cooper Companies, Inc. (COO)vs › | $14.40B | 64.37% | 63.66% | 64.40% | 64.61% |
| Baxter International Inc. (BAX)vs › | $14.35B | 30.08% | 33.76% | 35.72% | 36.84% |
| Moderna, Inc. (MRNA)vs › | $22.44B | 55.35% | 54.80% | 53.09% | 65.45% |
Gross Margin
72.4%
(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 | 72.39% |
| 2025-12-31 | 64.68% |
| 2025-09-30 | 72.05% |
| 2025-06-30 | 71.49% |
| 2025-03-31 | 71.20% |
| 2024-12-31 | 71.00% |
| 2024-09-30 | 70.47% |
| 2024-06-30 | 71.49% |
| 2024-03-31 | 72.88% |
| 2023-12-31 | 72.23% |
| 2023-09-30 | 70.43% |
| 2023-06-30 | 71.89% |
| 2023-03-31 | 72.65% |
| 2022-12-31 | 71.49% |
| 2022-09-30 | 70.76% |
| 2022-06-30 | 71.32% |
| 2022-03-31 | 69.94% |
| 2021-12-31 | 67.54% |
| 2021-09-30 | 70.84% |
| 2021-06-30 | 71.86% |
| 2021-03-31 | 72.76% |
| 2020-12-31 | 68.96% |
| 2020-09-30 | 70.49% |
| 2020-06-30 | 65.38% |
| 2020-03-31 | 72.69% |
| 2019-12-31 | 72.61% |
| 2019-09-30 | 71.69% |
| 2019-06-30 | 70.77% |
| 2019-03-31 | 71.99% |
| 2018-12-31 | 71.83% |
| 2018-09-30 | 71.20% |
| 2018-06-30 | 70.93% |
| 2018-03-31 | 71.46% |
| 2017-12-31 | 71.49% |
| 2017-09-30 | 72.37% |
| 2017-06-30 | 72.93% |
| 2017-03-31 | 74.00% |
| 2016-12-31 | 69.11% |
| 2016-09-30 | 73.85% |
| 2016-06-30 | 66.90% |
| 2016-03-31 | 66.36% |
| 2015-12-31 | 65.39% |
| 2015-09-30 | 68.67% |
| 2015-06-30 | 74.79% |
| 2015-03-31 | 74.89% |
| 2014-12-31 | 74.41% |
| 2014-09-30 | 73.25% |
| 2014-06-30 | 71.97% |
| 2014-03-31 | 73.85% |
| 2013-12-31 | 72.53% |
| 2013-09-30 | 69.39% |
| 2013-06-30 | 72.33% |
| 2013-03-31 | 74.28% |
| 2012-12-31 | 74.68% |
| 2012-09-30 | 75.07% |
| 2012-06-30 | 74.94% |
| 2012-03-31 | 74.69% |
| 2011-12-31 | 74.03% |
| 2011-09-30 | 75.58% |
| 2011-06-30 | 74.69% |
| 2011-03-31 | 74.99% |
| 2010-12-31 | 75.84% |
| 2010-09-30 | 77.30% |
| 2010-06-30 | 76.31% |
| 2010-03-31 | 74.75% |
| 2009-12-31 | 75.22% |
| 2009-09-30 | 74.45% |
| 2009-06-30 | 76.78% |
| 2009-03-31 | 76.81% |
| 2008-12-31 | 76.40% |
| 2008-09-30 | 75.09% |
| 2008-06-30 | 75.70% |
| 2008-03-31 | 75.95% |
| 2007-12-31 | 76.35% |
| 2007-09-30 | 77.95% |
| 2007-06-30 | 77.70% |
| 2007-03-31 | 78.28% |
| 2006-12-31 | 77.77% |
| 2006-09-30 | 77.65% |
| 2006-06-30 | 77.31% |
| 2006-03-31 | 77.99% |
| 2005-12-31 | 78.10% |
| 2005-09-30 | 77.11% |
| 2005-06-30 | 77.70% |
| 2005-03-31 | 77.03% |
| 2004-12-31 | 76.36% |
| 2004-09-30 | 75.85% |
| 2004-06-30 | 72.62% |
| 2004-03-31 | 70.43% |
| 2003-12-31 | 68.06% |
| 2003-09-30 | 75.69% |
| 2003-06-30 | 76.06% |
| 2003-03-31 | 75.16% |
| 2002-12-31 | 74.69% |
| 2002-09-30 | 74.79% |
| 2002-06-30 | 75.35% |
