Company / Gross Margin
Avantor Gross Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
32.6%
FY2025
5-year range
32.5% / 33.9%
FY2021-FY2025
Trend
-2.8%
vs FY2024
Sector context
#77 of 96
Health Care
What the data says
Avantor's gross margin of 32.6% is lower than 80% of companies in the Health Care sector (FY2025). Gross Margin has fluctuated over the past 9 years, ranging from 31.0% in FY2018 to 34.7% in FY2019.
Based on SEC 10-K filings.
32.6% in FY2025 with a 5-year CAGR of +0.1%.
Declined from 33.9% to 32.6% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +0.1pp
- 5-Year Change
- +0.1pp
- 10-Year Change
- -
Sector benchmark
Bottom 20% in Health CareTop 80% of 96This company 32.6% Sector average 53.6%
▼
-39.1% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 2.8% year-over-year.
- Currently 20.9pp below the Health Care sector average.
- Peak gross margin was recorded in FY2019.
- Lowest gross margin in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 1.05 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 32.6% | -2.8% |
| FY2024 | 33.6% | -1.0% |
| FY2023 | 33.9% | +4.3% |
| FY2022 | 32.5% | -4.0% |
| FY2021 | 33.9% | +4.1% |
| FY2020 | 32.5% | -6.2% |
| FY2019 | 34.7% | +11.8% |
| FY2018 | 31.0% | -10.6% |
| FY2017 | 34.7% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026