Utah Medical Products (UTMD) Gross Margin (2010 - 2026)
Utah Medical Products' Gross Margin came in at 55.79% for Q2 2026, down 0.43 percentage points from 56.21% a year earlier and down 4.77 percentage points from the prior quarter.
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Analysis
Utah Medical Products (UTMD) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Utah Medical Products reported Gross Margin of 57.91%, up 0.58 percentage points year-over-year; for FY2025, it was 57.12%, down 1.91 percentage points from FY2024.
- Gross Margin has declined in each of the last four years, with a five-year change of -3.46 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 59.03% in FY2024 (-0.78 pp), 59.81% in FY2023 (-1.77 pp), 61.58% in FY2022 (-1.44 pp) and 63.03% in FY2021 (+2.45 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q1 2011.
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.57 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2026 (a gain of 3.53 percentage points), and the weakest in Q3 2023 (a drop of 4.34 percentage points).
- Business Quant data shows UTMD's Gross Margin at 60.56% (Q1 2026), 58.20% (Q4 2025) and 57.11% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 46.46% |
| 10 | Utah Medical Products | 238.57 Mn | -106.39 Mn | 4.76 Mn | 55.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.79% |
| Mar 31, 2026 | 60.56% |
| Dec 31, 2025 | 58.20% |
| Sep 30, 2025 | 57.11% |
| Jun 30, 2025 | 56.21% |
| Mar 31, 2025 | 57.03% |
| Dec 31, 2024 | 58.13% |
| Sep 30, 2024 | 57.99% |
| Jun 30, 2024 | 60.13% |
| Mar 31, 2024 | 59.66% |
| Dec 31, 2023 | 57.55% |
| Sep 30, 2023 | 58.85% |
| Jun 30, 2023 | 60.15% |
| Mar 31, 2023 | 62.64% |
| Dec 31, 2022 | 61.34% |
| Sep 30, 2022 | 63.19% |
| Jun 30, 2022 | 60.70% |
| Mar 31, 2022 | 61.13% |
| Dec 31, 2021 | 62.82% |
| Sep 30, 2021 | 64.21% |
API Access
Utah Medical Products 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=UTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "UTMD", "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=UTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();