Teva Pharmaceutical Industries Ltd.

TEVA Healthcare Drug Manufacturers Specialty & Generic

Teva Pharmaceutical Industries Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $17.3 billion, up 4.32% from fiscal 2024.

Revenue
−1.90%
EPS
−47.2%
Free cash flow
−30.3%
Total debt
−0.43%

Quarter to September 2026, against a year earlier

41.73 0.12 −0.29%
Market cap
$48.7B
P/E
92.6×
Fwd P/E
30.7×
Dividend yield
—
F-score
8/9
Altman Z
0.79
Beneish M
−2.35
Dividend safety
52/100

Teva Pharmaceutical Industries Ltd. (TEVA) Gross margin

Alert me on Gross margin

Teva Pharmaceutical Industries Ltd.'s gross margin over the twelve months to 30 September 2026 was 53.5%, up 1.7 percentage points from fiscal 2025 (51.8%). Over the past ten years it has ranged from 44.6% (fiscal 2019) to 57.8% (fiscal 2015); the current reading is higher than 82% of that period. That is in line with the Drug Manufacturers Specialty & Generic industry median of 53.5% and in line with the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 51.8% 3.05
FY2024 48.7% 0.49
FY2023 48.3% 1.53
FY2022 46.7% (1.11)
FY2021 47.8% 1.45
FY2020 46.4% 1.75
FY2019 44.6% (0.78)
FY2018 45.4% (2.01)
FY2017 47.4% (6.72)
FY2016 54.1% (3.65)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 55.5% 3.54
Jun 2026 52.0% 2.48
Mar 2026 49.5% (6.86)
Dec 2025 56.4% 4.93
43 more quarters

Against its own ten years

Low 44.6% High 57.8%
Ten-year median 47.8%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
NBIX Neurocrine Biosciences, Inc. compare 97.8%
UTHR United Therapeutics Corporation compare 86.3%
ZTS Zoetis Inc. compare 71.7%
TAK Takeda Pharmaceutical Co. compare 65.9%
HLN Haleon PLC Sponsored ADR compare 62.2%
ELAN Elanco Animal Health Incorporated compare 55.4%
TEVA Teva Pharmaceutical Industries Ltd. 53.5%
RDY Dr. Reddy's Laboratories Ltd compare 49.2%
VTRS Viatris Inc. compare 35.3%
Drug Manufacturers Specialty & Generic industry median 53.5%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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