Boston Scientific Corporation

BSX Healthcare Medical Devices

Boston Scientific Corporation’s revenue for fiscal 2025 (year ended December 2025) was $20.1 billion, up 19.9% from fiscal 2024. In the quarter to June 2026, revenue grew 7.53%, EPS grew 14.8%, free cash flow grew 13.3% and total debt rose 8.95%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

44.39 0.25 +0.57%
Market cap
$64.0B
P/E
17.9×
Fwd P/E
17.8×
Dividend yield
—
F-score
7/9
Altman Z
5.41
Beneish M
−2.49
Dividend safety
n/a

Boston Scientific Corporation (BSX) Debt to equity

Alert me on Debt to equity

Boston Scientific Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.5×, up 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.5× (fiscal 2023) to 0.9× (fiscal 2015); the current reading is higher than 18% of that period. That is above the Medical Devices industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× (4.32%)
FY2024 0.5× 4.78%
FY2023 0.5× (8.34%)
FY2022 0.5× (6.77%)
FY2021 0.5× (8.58%)
FY2020 0.6× (17.28%)
FY2019 0.7× (10.81%)
FY2018 0.8× 0.96%
FY2017 0.8× (1.67%)
FY2016 0.8× (9.33%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.5× 18.70%
Mar 2026 0.4× (9.59%)
Dec 2025 0.5× (4.81%)
Sep 2025 0.5× (4.03%)
42 more quarters

Against its own ten years

Low 0.5× High 0.9×
Ten-year median 0.6×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
EW Edwards Lifesciences Corporation compare 0.1×
STE STERIS plc compare 0.3×
DXCM DexCom, Inc. compare 0.5×
BSX Boston Scientific Corporation 0.5×
PHG Koninklijke Philips N.V. compare 0.6×
MDT Medtronic PLC compare 0.6×
SYK Stryker Corporation compare 0.6×
ABT Abbott Laboratories compare 0.6×
GEHC GE HealthCare Technologies Inc. compare 1.0×
Medical Devices industry median 0.1×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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