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
- −21.6%
- Free cash flow
- −25.3%
- Total debt
- +3.04%
Quarter to September 2026, against a year earlier
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Boston Scientific Corporation (BSX) Operating margin
Boston Scientific Corporation's operating margin over the twelve months to 30 September 2026 was 18.7%, up 0.7 percentage points from fiscal 2025 (18.0%). Over the past ten years it has ranged from −3.78% (fiscal 2015) to 18.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Medical Devices industry median of −15.1% 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 | 18.0% | 2.43 |
| FY2024 | 15.6% | (0.89) |
| FY2023 | 16.5% | 3.46 |
| FY2022 | 13.0% | 2.91 |
| FY2021 | 10.1% | 10.88 |
| FY2020 | −0.80% | (14.93) |
| FY2019 | 14.1% | (1.20) |
| FY2018 | 15.3% | 1.13 |
| FY2017 | 14.2% | 8.87 |
| FY2016 | 5.33% | 9.11 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 16.1% | (5.53) |
| Jun 2026 | 21.7% | 0.53 |
| Mar 2026 | 21.1% | 5.53 |
| Dec 2025 | 15.6% | (5.08) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DXCM DexCom, Inc. compare | 24.0% |
| EW Edwards Lifesciences Corporation compare | 21.6% |
| SYK Stryker Corporation compare | 20.7% |
| STE STERIS plc compare | 19.0% |
| BSX Boston Scientific Corporation | 18.7% |
| MDT Medtronic PLC compare | 18.1% |
| ABT Abbott Laboratories compare | 13.8% |
| GEHC GE HealthCare Technologies Inc. compare | 13.3% |
| PHG Koninklijke Philips N.V. compare | 8.68% |
| Medical Devices industry median | −15.1% |
| 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
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement