Becton, Dickinson and Company

BDX Healthcare Medical Instruments & Supplies

Becton, Dickinson and Company’s revenue for fiscal 2025 (year ended September 2025) was $21.8 billion, up 8.24% from fiscal 2024.

Revenue
−9.55%
EPS
−31.5%
Free cash flow
−31.6%
Total debt
−22.9%

Quarter to June 2026, against a year earlier

212.96 3.77 +1.80%
Market cap
$58.2B
P/E
64.1×
Fwd P/E
39.2×
Dividend yield
1.87%
F-score
7/9
Altman Z
1.85
Beneish M
−2.64
Dividend safety
67/100

Becton, Dickinson and Company (BDX) Operating margin

Alert me on Operating margin

Becton, Dickinson and Company's operating margin over the twelve months to 30 June 2026 was 11.1%, down 0.7 percentage points from fiscal 2025 (11.8%). Over the past ten years it has ranged from 5.67% (fiscal 2020) to 12.6% (fiscal 2017); the current reading is higher than 73% of that period. That is above the Medical Instruments & Supplies industry median of 1.97% and above the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 11.8% (0.08)
FY2024 11.9% 0.98
FY2023 10.9% (1.20)
FY2022 12.1% 0.33
FY2021 11.8% 6.10
FY2020 5.67% (4.51)
FY2019 10.2% 0.74
FY2018 9.44% (3.15)
FY2017 12.6% 1.13
FY2016 11.5% 1.01

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 13.3% 11.34
Mar 2026 1.97% (8.52)
Dec 2025 10.5% (6.50)
Sep 2025 17.0% 3.58
42 more quarters

Against its own ten years

Low 5.67% High 12.6%
Ten-year median 11.5%
Current reading's percentile 57

Operating margin against peers

Company Operating margin
RMD ResMed Inc. compare 33.0%
MDLN Medline Inc. compare 29.7%
ISRG Intuitive Surgical, Inc. compare 28.4%
WST West Pharmaceutical Services, Inc. compare 23.0%
COO The Cooper Companies, Inc. compare 12.8%
BDX Becton, Dickinson and Company 11.1%
ALC Alcon compare 8.73%
SOLV Solventum Corporation compare 0.00%
BAX Baxter International Inc. compare −1.90%
Medical Instruments & Supplies industry median 1.97%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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