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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Teladoc HealthMEX:TDOC -0.86%52 Gross Margin % is 67.82% as of Mar. 2026, which is 2% below its 10-year median of 69.35. GuruFocus rates MEX:TDOC with a GF Score™ of 52/100 and a GF Value™ of MXN138.36 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 628 Healthcare Providers & Services companies, Teladoc Health ranks better than 78.18% on this metric.
The historical rank and industry rank for Teladoc Health's Gross Margin % or its related term are showing as below:
MEX:TDOC'
s Gross Margin % Range Over the Past 10 Years
Min: 64.27 Med: 69.35 Max: 74.04
Current: 69.29
During the past 13 years, the highestGross Margin % of Teladoc Health was 74.04%. The lowest was 64.27%. And the median was 69.35%.
MEX:TDOC's Gross Margin % is ranked better than 78.18% of 628
companies
in the Healthcare Providers & Services industry
Industry Median: 40.075
vs MEX:TDOC: 69.29
Teladoc Health had a gross margin of 67.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Teladoc Health was 1.50% per year.
Teladoc Health (MEX:TDOC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Teladoc Health had a gross margin of 67.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Teladoc Health Gross Margin % Related Terms
Teladoc Health Gross Margin % Historical Data
* Premium members only.
The historical data trend for Teladoc Health's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:TDOC vs OMCL, OMDA, CERT: Gross Margin % Comparison
For the Health Information Services subindustry, Teladoc Health's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Teladoc Health Gross Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Teladoc Health's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Teladoc Health (MEX:TDOC) has a Gross Margin % of 67.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Teladoc Health and its competitors. This is near median its historical median of 69.35. Over the past decade, Teladoc Health's Gross Margin % has ranged from 64.27 to 74.04. According to the industry distribution chart, Teladoc Health ranks #137 out of 628 companies in the Healthcare Providers & Services industry, placing it in the top 21.8%.
Is Teladoc Health's Gross Margin % too high?
Teladoc Health's current Gross Margin % of 67.82% is near median its 10-year median of 69.35. Over the past 10 years, this metric has ranged from a low of 64.27 to a high of 74.04. The Healthcare Providers & Services industry median Gross Margin % is 40.08. Teladoc Health's value of 67.82% is 69.2% above this industry median. Based on the distribution chart, Teladoc Health ranks #137 out of 628 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Teladoc Health has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teladoc Health's Gross Margin % compare to OMCL and OMDA?
According to the Healthcare Providers & Services industry distribution chart, Teladoc Health ranks #137 out of 628 companies for Gross Margin %. This places Teladoc Health in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.08. Teladoc Health's value of 67.82% is 69.2% above this benchmark. Historically, Teladoc Health's own Gross Margin % has ranged from 64.27 to 74.04 over the past decade. While the company's 10-year median is 69.35 vs. the industry median of 40.08, Teladoc Health has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.08, based on 628 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teladoc Health's current Gross Margin % of 67.82% is 69.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Teladoc Health and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teladoc Health's current Gross Margin % is 67.82%, which is near median its own 10-year median of 69.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teladoc Health stock overvalued right now?
Based on GuruFocus' analysis, Teladoc Health (MEX:TDOC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN138.36, compared to a current price of MXN154.00 — trading 11.3% above its estimated fair value. The current Gross Margin % is 67.82%, which is near median its 10-year median of 69.35 and 69.2% above the Healthcare Providers & Services industry median of 40.08. Teladoc Health's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Teladoc Health (MEX:TDOC), the current Gross Margin % is 67.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Teladoc Health (MEX:TDOC) Overvalued in 2026?
Based on GuruFocus' analysis, Teladoc Health stock appears to be overvalued.
The current stock price of MXN154.00 is trading 11.3% above its estimated GF Value™ of MXN138.36.
GuruFocus considers Teladoc Health to be Modestly Overvalued.
Key valuation signals for MEX:TDOC:
Gross Margin %: 67.82% (near median its 10-year median of 69.35)
GF Value™: MXN138.36 vs. price of MXN154.00 (11.3% above fair value)
Industry Position: 69.2% above the Healthcare Providers & Services median (#137 of 628)
No single metric tells the full story. See the MEX:TDOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teladoc Health Inc is engaged in the provision of virtual healthcare services, connecting patients, providers, and healthcare systems through technology-enabled platforms. The company has two reportable segments: Integrated Care and BetterHelp. The Integrated Care segment provides virtual healthcare solutions, including primary care, mental health, chronic care management, and telehealth enablement services for employers, insurers, and healthcare systems, mainly on a business-to-business basis, while the BetterHelp segment offers direct-to-consumer online mental health services, including counseling and therapy delivered through digital platforms. It generates the majority of its revenue from the Integrated Care segment.
52GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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