MDxHealth (MDXH) Gross Margin (2021 - 2023)
MDxHealth (MDXH) posted Gross Margin of 64.55% for the year ended Dec 31, 2025, up 24.51 percentage points from 40.04% a year earlier.
Analysis
MDxHealth (MDXH) Gross Margin (2021 - 2023) Analysis & Trends
Since the year ended Dec 31, 2019, MDxHealth has reported Gross Margin for 7 years.
- Annual Gross Margin shows a five-year change of +20.02 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 stands as the highest annual Gross Margin in data going back to the year ended Dec 31, 2019.
- Business Quant data shows MDXH's Gross Margin at 40.04% in the year ended Dec 31, 2024 (-0.70 pp), 40.74% in the year ended Dec 31, 2023 (-11.25 pp), 51.99% in the year ended Dec 31, 2022 (+3.84 pp) and 48.16% in the year ended Dec 31, 2021 (+3.63 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 29.80% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 12.72% |
| 10 | MDxHealth | 29.79 Mn | -98.90 Mn | 17.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 64.95% |
| Sep 30, 2023 | 64.91% |
| Jun 30, 2023 | 59.68% |
| Mar 31, 2023 | 40.82% |
| Sep 30, 2022 | 55.88% |
| Jun 30, 2022 | 42.55% |
| Mar 31, 2022 | 46.67% |
| Sep 30, 2021 | 46.73% |
| Jun 30, 2021 | 50.16% |
API Access
MDxHealth 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=MDXH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDXH", "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=MDXH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();