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.
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%.
All figures from SEC filings · FY2025 · 100
see sources
- United Therapeutics 0001082554-26-000009 · Derived
- PTC Therapeutics 0001104659-26-045528 · Derived
- Novavax 0001628280-26-027328 · Derived
- Acadia Pharmaceuticals 0001193125-26-174163 · Derived
- Exelixis 0000939767-26-000046 · Derived
- Novo Nordisk A S 0000353278-26-000012 · Derived
- Vertex Pharmaceuticals 0000875320-26-000056 · Derived
- Royalty Pharma 0001802768-26-000003 · Derived
- Eli Lilly 0000059478-26-000013 · Derived
- Regeneron Pharmaceuticals 0001308179-26-000340 · Derived
- Gilead Sciences 0000882095-26-000006 · Derived
- Lakefront Biotherapeutics 0001104659-26-035163 · Derived
- Johnson & Johnson 0000200406-26-000016 · Derived
- Intuitive Surgical 0001035267-26-000010 · Derived
- Zoetis 0001555280-26-000015 · Derived
- Merck 0001193125-26-147704 · Derived
- Resmed 0000943819-26-000047 · Derived
- Genmab 0001434265-26-000014 · Derived
- Incyte 0000879169-26-000031 · Derived
- Idexx Laboratories 0000874716-26-000038 · Derived
- Halozyme Therapeutics 0001159036-26-000024 · Derived
- Aflac 0001628280-26-011402 · Derived
- Amgen 0001193125-26-145588 · Derived
- Qiagen 0001015820-26-000018 · Derived
- Solventum 0001964738-26-000007 · Derived
- Globus Medical 0001628280-26-027196 · Derived
- Dexcom 0001093557-26-000061 · Derived
- Medpace Holdings 0001668397-26-000006 · Derived
- Edwards Lifesciences 0001099800-26-000009 · Derived
- GSK 0001131399-26-000004 · Derived
- Prestige Consumer Healthcare 0001295947-26-000021 · Derived
- AstraZeneca 0001104659-26-019130 · Derived
- Indivior Pharmaceuticals 0001628280-26-012237 · Derived
- Neurocrine Biosciences 0000914475-26-000015 · Derived
- Alkermes 0001193125-26-143977 · Derived
- West Pharmaceutical Services 0000105770-26-000010 · Derived
- Lantheus Holdings 0001193125-26-073498 · Derived
- Msa Safety 0000066570-26-000005 · Derived
- Abbott Laboratories 0001628280-26-010185 · Derived
- Bristol Myers Squibb 0000014272-26-000004 · Derived
- Boston Scientific 0000885725-26-000010 · Derived
- Medtronic 0001613103-26-000010 · Derived
- Steris 0001193125-26-267599 · Derived
- Biogen 0001193125-26-187303 · Derived
- 3M 0000066740-26-000014 · Derived
- Stryker 0000310764-26-000010 · Derived
- Penumbra 0001321732-26-000010 · Derived
- Pfizer 0000078003-26-000026 · Derived
- Stevanato Group 0001193125-26-091540 · Derived
- Tenet Healthcare 0001193125-26-159118 · Derived
- Biomarin Pharmaceutical 0001628280-26-026290 · Derived
- Nu Skin Enterprises 0001140361-26-005130 · Derived
- Align Technology 0001097149-26-000023 · Derived
- Smith & Nephew 0001104659-26-028258 · Derived
- GE Healthcare Technologies 0001932393-26-000007 · Derived
- Encompass Health 0000785161-26-000081 · Derived
- Alcon 0001167379-26-000014 · Derived
- Cooper Companies 0001628280-25-055615 · Derived
- Insulet 0001140361-26-013333 · Derived
- Quest Diagnostics 0001022079-26-000015 · Derived
- HCA Healthcare 0001193125-26-044769 · Derived
- Embecta 0001872789-25-000036 · Derived
- Pediatrix Medical 0001193125-26-058074 · Derived
- Universal Health Services 0001193125-26-071676 · Derived
- Zimmer Biomet 0001193125-26-059853 · Derived
- Merit Medical Systems 0000856982-26-000008 · Derived
- Alnylam Pharmaceuticals 0001628280-26-023923 · Derived
- IQVIA Holdings 0001628280-26-008322 · Derived
- Teva Pharmaceutical Industries 0001193125-26-034532 · Derived
- Principal Financial 0001104659-26-039920 · Derived
- National Healthcare 0001437749-26-005910 · Derived
- Davita 0000927066-26-000053 · Derived
- Concentra Group Holdings Parent 0002014596-26-000029 · Derived
- Becton Dickinson 0000010795-25-000099 · Derived
- AbbVie 0001551152-26-000008 · Derived
- Ensign Group 0001125376-26-000007 · Derived
- Addus Homecare 0001437749-26-013190 · Derived
- Sotera Health 0001104659-26-040937 · Derived
- Bright Horizons Family Solutions 0001193125-26-162582 · Derived
- Labcorp Holdings 0001193125-26-150752 · Derived
- Bio-Techne 0001558370-25-011716 · Derived
- Unum Group 0000005513-26-000026 · Derived
- Integer Holdings 0001114483-26-000009 · Derived
- Hims & Hers Health 0001773751-26-000060 · Derived
- Beone Medicines 0001104659-26-049655 · Derived
- Cno Financial 0001224608-26-000017 · Derived
- Koninklijke Philips 0001628280-26-009470 · Derived
- Fresenius Medical Care 0001104659-26-019005 · Derived
- Progyny 0001551306-26-000055 · Derived
- Herbalife 0001193125-26-057113 · Derived
- Community Health Systems 0001193125-26-059509 · Derived
- Medline 0001104659-26-047092 · Derived
- Phibro Animal Health 0001104659-26-108939 · Derived
- Option Care Health 0001140361-26-013825 · Derived
- Pacs Group 0002001184-26-000005 · Derived
- Conmed 0000816956-26-000047 · Derived
- Guardian Pharmacy Services 0001193125-26-102172 · Derived
- Healthcare Services 0000731012-26-000021 · Derived
- Organon 0001193125-26-177411 · Derived
- Elevance Health 0001156039-26-000013 · Derived
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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/healthcare-companies-with-the-highest-profit-margin">Healthcare companies with the highest profit margin</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
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CompaniesRanked. (September 25, 2026). Healthcare companies with the highest profit margin. CompaniesRanked. https://companiesranked.com/en/healthcare-companies-with-the-highest-profit-marginBibTeX
@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}
}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.
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