Bausch Health Companies (BHC) Gross Margin (2009 - 2026)
Bausch Health Companies (BHC) reported Gross Margin of 72.93% for Q2 2026, up 3.13 percentage points from 69.80% a year earlier and up 2.17 percentage points from the prior quarter.
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Analysis
Bausch Health Companies (BHC) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bausch Health Companies' Gross Margin came in at 71.82%, up 1.12 percentage points year-over-year; for FY2025, it was 70.65%, down 0.45 percentage points from FY2024.
- Gross Margin has a five-year change of -1.33 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 71.10% in FY2024 (+0.32 pp), 70.78% in FY2023 (-0.12 pp), 70.90% in FY2022 (-0.71 pp) and 71.61% in FY2021 (-0.37 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin since Q1 2020.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of +0.49 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2026 (a gain of 3.13 percentage points); the low point was Q1 2025 (a drop of 1.31 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 70.76% (Q1 2026), 71.46% (Q4 2025) and 72.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 68.19% |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 74.74% |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 73.54% |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 78.02% |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 83.60% |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 72.04% |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 79.76% |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 72.78% |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 85.33% |
| 10 | Bausch Health Companies | 2.16 Bn | -2.61 Bn | 2.08 Bn | 72.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.93% |
| Mar 31, 2026 | 70.76% |
| Dec 31, 2025 | 71.46% |
| Sep 30, 2025 | 72.03% |
| Jun 30, 2025 | 69.80% |
| Mar 31, 2025 | 68.97% |
| Dec 31, 2024 | 71.59% |
| Sep 30, 2024 | 72.27% |
| Jun 30, 2024 | 70.08% |
| Mar 31, 2024 | 70.27% |
| Dec 31, 2023 | 70.72% |
| Sep 30, 2023 | 72.16% |
| Jun 30, 2023 | 70.05% |
| Mar 31, 2023 | 70.06% |
| Dec 31, 2022 | 70.27% |
| Sep 30, 2022 | 71.46% |
| Jun 30, 2022 | 70.67% |
| Mar 31, 2022 | 71.27% |
| Dec 31, 2021 | 71.49% |
| Sep 30, 2021 | 72.43% |
API Access
Bausch Health Companies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();