Boston Scientific Corporation BSX

43.92 (0.76) (1.70%) as of 25 Sep
Market cap
$64.7B
P/E
17.7×
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Boston Scientific Corporation (BSX) Operating margin

Boston Scientific Corporation's operating margin over the twelve months to 30 June 2026 was 19.8%, up 1.8 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 −15.0% and above the Healthcare sector median of 0.00%.

Operating margin, annual

Annual

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

Period Operating margin Change (points)
Jun 2026 21.7% 0.53
Mar 2026 21.1% 5.53
Dec 2025 15.6% (5.08)
Sep 2025 20.7% 4.49
42 more quarters

Against its own ten years

Low −3.78% High 18.0%
Ten-year median 14.1%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
DXCM DexCom, Inc. compare 22.9%
EW Edwards Lifesciences Corporation compare 22.3%
SYK Stryker Corporation compare 21.4%
BSX Boston Scientific Corporation 19.8%
STE STERIS plc compare 18.9%
MDT Medtronic PLC compare 18.1%
ABT Abbott Laboratories compare 15.8%
GEHC GE HealthCare Technologies Inc. compare 12.9%
PHG Koninklijke Philips N.V. compare 9.64%
Medical Devices industry median −15.0%
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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