Skip to content
Screener

Becton, Dickinson and Company BDX Medical — Research and development expense

Other segment segments

Connected Care
$90M+21.6%
Interventional
$72M+14.3%
Medical Essentials
$53M+10.4%
BioPharma Systems
$17M-5.6%

Similar metrics at other companies

The Cooper Companies, Inc. logo
COOCooperSurgical — Research and development expense
$20.4M+2.5%
The Cooper Companies, Inc. logo
COOCooperVision — Research and development expense
$22.1M-13.7%
TechnipFMC logo
FTISubsea — Research and development expense
$16.7M-8.7%
Enovis logo
ENOVReconstructive — Research and development expense
$23.98M+14.0%
Gevo logo
GEVOGevoND — Research and development expense
$0
DBV Technologies logo
DBVTExpenses by function — Research and development expense
$9.4M+64.9%

Other financials

Income statement

See full
Revenue$5.0B-9.5%
Gross profit$2.3B-12.1%
Operating income$663.0M-24.8%
Net income$377.0M-34.3%
EPS (diluted)$1.64-18.0%

Balance sheet

See full
Cash & equivalents$708.0M-11.3%
Total debt$13.5B-22.9%
Total equity$24.4B-4.1%
Total assets$50.7B-7.6%

Cash flow

See full
Operating cash flow$776.0M-51.1%
CapEx$143.0M-24.3%
Free cash flow$633.0M-54.7%

Valuation

See full
Market cap$47.02B-4.8%
Enterprise value$59.83B-9.6%
P/E50×+18.8×
P/S2.3×-0.1×

Profitability

See full
Gross margin46.4%+1.7pp
Operating margin9.6%-1.7pp
Net margin4.5%-3.2pp
FCF margin13.1%

Returns & leverage

See full
Return on equity3.8%-2.4pp
Debt / equity0.6×-0.1×
Current ratio0.9×-0.2×

Where this comes from

Reported directly by Becton, Dickinson and Company in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Becton, Dickinson and Company’s 10-K, filed November 25, 2025.

Filed
Nov 25, 2025
Fiscal year
FY2025
Accession
0000010795-25-000099
Fiscal Year 2025 / (Millions of dollars)MedicalLife SciencesInterventionalTotal
% of revenues47.7%48.2%32.8%
Selling and administrative expense1,3127219973,030
% of revenues11.5%14.0%19.1%
Research and development expense5233152551,092
% of revenues4.6%6.1%4.9%
Other operating expense, net1717
% of revenues0.2%
Segment Operating Income$4,140$1,641$2,253$8,034

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Becton, Dickinson and Company's medical — research and development expense?
Becton, Dickinson and Company (BDX) reported medical — research and development expense of $130.75M in Q3 2025.
How has Becton, Dickinson and Company's medical — research and development expense changed year-over-year?
Becton, Dickinson and Company's medical — research and development expense increased by 17.0% year-over-year, from $111.75M to $130.75M.
What is the long-term trend for Becton, Dickinson and Company's medical — research and development expense?
Over 2 years (2023 to 2025), Becton, Dickinson and Company's medical — research and development expense has grown at a 8.4% compound annual growth rate (CAGR), from $445M to $523M.
What does medical — research and development expense mean?
The total investment in research and development activities specifically allocated to the medical segment. This includes costs for new product innovation, clinical trials, and enhancing existing medical device technologies.

Ask your AI about Becton, Dickinson and Company's medical — research and development expense.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude