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.

Revenue
+1.44%
EPS
−21.5%
Free cash flow
−25.3%
Total debt
+3.04%

Quarter to September 2026, against a year earlier

42.73 1.91 −4.28%
Market cap
$64.7B
P/E
18.0×
Fwd P/E
17.0×
Dividend yield
—
F-score
7/9
Altman Z
5.41
Beneish M
−2.49
Dividend safety
n/a

Boston Scientific Corporation (BSX) Net margin

Alert me on Net margin

Boston Scientific Corporation's net margin over the twelve months to 30 September 2026 was 16.6%, up 2.2 percentage points from fiscal 2025 (14.4%). Over the past ten years it has ranged from −3.20% (fiscal 2015) to 43.8% (fiscal 2019); the current reading is higher than 82% of that period. That is above the Medical Devices industry median of −14.5% and above the Healthcare sector median of 0.00%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 14.4% 3.38
FY2024 11.1% 0.03
FY2023 11.0% 5.97
FY2022 5.06% (3.23)
FY2021 8.29% 9.45
FY2020 −1.16% (44.94)
FY2019 43.8% 26.77
FY2018 17.0% 15.86
FY2017 1.15% (2.99)
FY2016 4.14% 7.34

Quarterly newest first

Period Net margin Change (points)
Sep 2026 11.3% (5.34)
Jun 2026 16.7% (9.10)
Mar 2026 25.8% 13.05
Dec 2025 12.7% (2.19)
43 more quarters

Against its own ten years

Low −3.20% High 43.8%
Ten-year median 8.29%
Current reading's percentile 81

Net margin against peers

Company Net margin
DXCM DexCom, Inc. compare 19.4%
BSX Boston Scientific Corporation 16.6%
EW Edwards Lifesciences Corporation compare 15.3%
MDT Medtronic PLC compare 13.9%
SYK Stryker Corporation compare 13.8%
STE STERIS plc compare 13.4%
GEHC GE HealthCare Technologies Inc. compare 9.95%
ABT Abbott Laboratories compare 9.75%
PHG Koninklijke Philips N.V. compare 5.34%
Medical Devices industry median −14.5%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on BSX