Option Care Health (OPCH) Gross Margin (2009 - 2026)
Option Care Health (OPCH) reported Gross Margin of 19.4% for Q1 2026, down 34.0% on a YoY basis from 29.39% in Q1 2025, and little changed quarter-over-quarter from 19.3% in Q4 2025.
Option Care Health (OPCH) Gross Margin (2009 - 2026) Analysis & Trends
Option Care Health has reported Gross Margin for 18 years, with the latest figure at 19.4% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 34.0% year-over-year to 19.4%; the trailing twelve-month figure through Mar 2026 stood at 19.18% (down 83.0% YoY), and the FY2025 full-year result was 19.26%, down 101.0% from the prior year.
- Gross Margin for Q1 2026 stood at 19.4%, roughly flat from 19.3% in the prior quarter.
- The five-year high for Gross Margin was 23.46% in Q2 2023, with the low at 19.0% in Q2 2025.
- Historically, Gross Margin has averaged 20.99% across 5 years, with a median of 20.81% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin surged 191 bps — and 2024, when it sank 318 bps.
- Option Care Health's Gross Margin stood at 22.5% in 2022, then fell by 2 bps to 21.98% in 2023, then slipped by 9 bps to 19.93% in 2024, then decreased by 3 bps to 19.3% in 2025, then increased by 0 bps to 19.4% in 2026.
- The last three Gross Margin figures came in at 19.4% (Q1 2026), 19.3% (Q4 2025), and 19.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 83.85 Bn | 86.23 Bn | 16.26 Bn | 85.07% |
| 2 | Tenet Healthcare | 14.98 Bn | 14.15 Bn | 4.41 Bn | 82.10% |
| 3 | Davita | 13.99 Bn | 14.84 Bn | 1.07 Bn | 31.42% |
| 4 | Encompass Health | 9.72 Bn | 10.34 Bn | 1.34 Bn | 84.75% |
| 5 | Ensign | 8.90 Bn | 8.31 Bn | 293.37 Mn | 21.12% |
| 6 | Universal Health Services | 8.59 Bn | 8.55 Bn | 3.21 Bn | 71.44% |
| 7 | Fresenius Medical Care AG | 7.67 Bn | 5.29 Bn | -4.26 Bn | -18,654.20% |
| 8 | Chemed | 5.97 Bn | 5.96 Bn | 215.76 Mn | 32.82% |
| 9 | Pacs | 5.74 Bn | 5.50 Bn | 345.96 Mn | 24.35% |
| 10 | Option Care Health | 3.44 Bn | 3.26 Bn | 262.01 Mn | 19.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.40% |
| Dec 31, 2025 | 19.30% |
| Sep 30, 2025 | 19.02% |
| Jun 30, 2025 | 19.00% |
| Mar 31, 2025 | 19.73% |
| Dec 31, 2024 | 19.93% |
| Sep 30, 2024 | 20.08% |
| Jun 30, 2024 | 20.32% |
| Mar 31, 2024 | 20.81% |
| Dec 31, 2023 | 21.98% |
| Sep 30, 2023 | 23.26% |
| Jun 30, 2023 | 23.46% |
| Mar 31, 2023 | 22.54% |
| Dec 31, 2022 | 22.50% |
| Sep 30, 2022 | 21.35% |
| Jun 30, 2022 | 22.11% |
| Mar 31, 2022 | 21.94% |
| Dec 31, 2021 | 22.89% |
| Sep 30, 2021 | 22.76% |
| Jun 30, 2021 | 23.13% |