Boston Scientific Corporation BSX
- Market cap
- $64.7B
- P/E
- 17.7×
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Boston Scientific Corporation (BSX) Free cash flow margin
Boston Scientific Corporation's free cash flow margin over the twelve months to 30 June 2026 was 17.3%, down 1.0 percentage points from fiscal 2025 (18.2%). Over the past ten years it has ranged from 0.08% (fiscal 2018) to 18.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Medical Devices industry median of −7.24% and above the Healthcare sector median of 0.00%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 18.2% | 2.43 |
| FY2024 | 15.8% | 3.21 |
| FY2023 | 12.6% | 5.09 |
| FY2022 | 7.49% | (3.70) |
| FY2021 | 11.2% | (0.35) |
| FY2020 | 11.5% | (1.33) |
| FY2019 | 12.9% | 12.79 |
| FY2018 | 0.08% | (12.15) |
| FY2017 | 12.2% | 2.27 |
| FY2016 | 9.96% | 4.02 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| DXCM DexCom, Inc. compare | 28.3% |
| EW Edwards Lifesciences Corporation compare | 22.0% |
| SYK Stryker Corporation compare | 18.2% |
| BSX Boston Scientific Corporation | 17.3% |
| ABT Abbott Laboratories compare | 16.8% |
| MDT Medtronic PLC compare | 16.3% |
| STE STERIS plc compare | 15.5% |
| PHG Koninklijke Philips N.V. compare | 8.99% |
| GEHC GE HealthCare Technologies Inc. compare | 7.42% |
| Medical Devices industry median | −7.24% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on BSX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement