Healthcare companies with the highest profit margin

Net margin is net income divided by revenue. Only companies with at least $1 billion in revenue are ranked here: a small company can post an extreme margin that tells you nothing. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 122 · Fiscal year 2025 · Data as of September 25, 2026

Only companies with at least $1bn in revenue are ranked.

United Therapeutics (UTHR) tops the list with 41.9% in net margin for fiscal 2025, ahead of PTC Therapeutics (39.5%) and Novavax (39.2%). Across the top 10, net margin ranges from 41.9% down to 31.4%. 122 companies in Healthcare report net margin, 8.5% of the 1438-filer universe. The last place on the list, Elevance Health, comes in at 2.8%.

Net margin
#CompanyNet marginYoY15-year trend
1United TherapeuticsUTHRUS41.9%+1.0%
2PTC TherapeuticsPTCTUS39.5%+84.5 pp
3NovavaxNVAXUS39.2%+66.7 pp
4Acadia PharmaceuticalsACADUS36.5%+54.6%
5ExelixisEXELUS33.7%+40.3%
6Novo Nordisk A SNVODK33.1%−4.7%
7Vertex PharmaceuticalsVRTXUS32.9%+37.8 pp
8Royalty PharmaRPRXUS32.4%−14.6%
9Eli LillyLLYUS31.7%+34.7%
10Regeneron PharmaceuticalsREGNUS31.4%+1.1%
11Gilead SciencesGILDUS28.9%+1,631.4%
12Lakefront BiotherapeuticsLKFTBE28.9%+7.3%
13Johnson & JohnsonJNJUS28.5%+79.7%
14Intuitive SurgicalISRGUS28.4%+2.0%
15ZoetisZTSUS28.2%+5.1%
16MerckMRKUS28.1%+5.3%
17ResmedRMDUS27.2%+24.9%
18GenmabGMABDK25.9%−28.7%
19IncyteINCYUS25.0%+3,156.0%
20Idexx LaboratoriesIDXXUS24.6%+8.1%
21Halozyme TherapeuticsHALOUS22.7%−48.1%
22AflacAFLUS21.2%−26.1%
23AmgenAMGNUS21.0%+71.5%
24QiagenQGENNL20.3%+381.1%
25SolventumSOLVUS18.7%+222.1%
26Globus MedicalGMEDUS18.3%+347.7%
27DexcomDXCMUS17.9%+25.6%
28Medpace HoldingsMEDPUS17.8%−7.0%
29Edwards LifesciencesEWUS17.7%−76.9%
30GSKGSKGB17.5%+113.2%
31Prestige Consumer HealthcarePBHUS17.5%−7.3%
32AstraZenecaAZNGB17.4%+33.8%
33Indivior PharmaceuticalsINDVUS16.9%+2,776.5%
34Neurocrine BiosciencesNBIXUS16.7%+15.5%
35AlkermesALKSIE16.4%−30.5%
36West Pharmaceutical ServicesWSTUS16.1%−5.7%
37Lantheus HoldingsLNTHUS15.2%−25.6%
38Msa SafetyMSAUS14.9%−5.6%
39Abbott LaboratoriesABTUS14.7%−53.9%
40Bristol Myers SquibbBMYUS14.6%+33.2 pp
41Boston ScientificBSXUS14.4%+30.7%
42MedtronicMDTIE13.2%−5.0%
43SterisSTEIE13.2%+17.1%
44BiogenBIIBUS13.1%−22.5%
453MMMMUS13.0%−23.3%
46StrykerSYKUS12.9%−2.4%
47PenumbraPENUS12.7%+979.2%
48PfizerPFEUS12.4%−1.6%
49Stevanato GroupSTVNIT11.8%+10.5%
50Tenet HealthcareTHCUS11.1%−43.5%
51Biomarin PharmaceuticalBMRNUS10.8%−27.6%
52Nu Skin EnterprisesNUSUS10.8%+19.3 pp
53Align TechnologyALGNUS10.2%−3.5%
54Smith & NephewSNNGB10.1%+43.0%
55GE Healthcare TechnologiesGEHCUS10.1%−0.3%
56Encompass HealthEHCUS9.5%+12.5%
57AlconALCUS9.4%−8.3%
58Cooper CompaniesCOOUS9.2%−9.0%
59InsuletPODDUS9.1%−54.8%
60Quest DiagnosticsDGXUS9.0%+1.9%
61HCA HealthcareHCAUS9.0%+10.0%
62EmbectaEMBCUS8.8%+26.7%
63Pediatrix MedicalMDUS8.6%+13.6 pp
64Universal Health ServicesUHSUS8.6%+18.8%
65Zimmer BiometZBHUS8.6%−27.2%
66Merit Medical SystemsMMSIUS8.5%−4.5%
67Alnylam PharmaceuticalsALNYUS8.4%+20.8 pp
68IQVIA HoldingsIQVUS8.3%−6.4%
69Teva Pharmaceutical IndustriesTEVAIL8.2%+18.1 pp
70Principal FinancialPFGUS8.0%−18.9%
71National HealthcareNHCUS7.9%+1.4%
72DavitaDVAUS7.9%−19.0%
73Concentra Group Holdings ParentCONUS7.7%−12.2%
74Becton DickinsonBDXUS7.7%−9.1%
75AbbVieABBVUS6.9%−9.0%
76Ensign GroupENSGUS6.8%−2.8%
77Addus HomecareADUSUS6.7%+5.8%
78Sotera HealthSHCUS6.7%+66.0%
79Bright Horizons Family SolutionsBFAMUS6.6%+26.1%
80Labcorp HoldingsLHUS6.3%+9.6%
81Bio-TechneTECHUS6.0%−58.5%
82Unum GroupUNMUS5.6%−59.1%
83Integer HoldingsITGRUS5.5%−20.6%
84Hims & Hers HealthHIMSUS5.5%−35.9%
85Beone MedicinesONCCH5.4%+22.3 pp
86Cno FinancialCNOUS5.1%−46.0%
87Koninklijke PhilipsPHGNL5.0%+8.9 pp
88Fresenius Medical CareFMSDE5.0%+79.2%
89ProgynyPGNYUS4.5%−2.4%
90HerbalifeHLFKY4.5%−11.0%
91Community Health SystemsCYHUS4.1%+8.2 pp
92MedlineMDLNUS4.1%−10.8%
93Phibro Animal HealthPAHCUS3.7%+1,468.4%
94Option Care HealthOPCHUS3.7%−13.3%
95Pacs GroupPACSUS3.6%+165.6%
96ConmedCNMDUS3.4%−66.2%
97Guardian Pharmacy ServicesGRDNUS3.4%+12.4 pp
98Healthcare ServicesHCSGUS3.2%+39.7%
99OrganonOGNUS3.0%−77.7%
100Elevance HealthELVUS2.8%−15.8%

All figures from SEC filings · FY2025 · 100

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@misc{companiesranked-en-healthcare-companies-with-the-highest-profit-margin-2026,
  author       = {{CompaniesRanked}},
  title        = {{Healthcare companies with the highest profit margin}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/healthcare-companies-with-the-highest-profit-margin}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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