Becton, Dickinson and Company BDX Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 46.8%+2.5pp | 45.9%+0.7pp | 45.3%+0.1pp | 44.8%+2.7pp | 44.3%+3.0pp | |
| Operating margin | 10.4%+0.1pp | 11.9%+0.2pp | 11.5%-0.4pp | 11.4%+0.7pp | 10.3%-0.2pp | |
| Net margin | 5.3%-2.1pp | 8.3%-0.1pp | 8%-0.5pp | 7.7%+0.6pp | 7.5%+0.7pp | |
| EBITDA margin | 22.1%+0.3pp | 23.8%+0.8pp | 23.4%+0.2pp | 23.3%+1.1pp | 21.9%-0.3pp | |
| Free cash flow margin | 16.4%— | —— | —— | —— | —— | |
| Returns | ||||||
| Return on equity | 4.6%-1.3pp | 7%+0.1pp | 6.5%-0.1pp | 6.2%+0.7pp | 5.9%+0.7pp | |
| Return on assets | 2.2%-0.6pp | 3.2%0.0pp | 3%-0.1pp | 2.9%+0.3pp | 2.8%+0.3pp | |
| Return on invested capital | 4.8%+0.3pp | 5.4%+0.1pp | 5%0.0pp | 4.8%+0.1pp | 4.5%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Inventory turnover | 3.2×0.0× | 2.9×-0.3× | 3.3×+0.2× | 3.2×-0.2× | 3.2×-0.1× | |
| Liquidity | ||||||
| Current ratio | 0.9×-0.2× | 1×-0.1× | 1.1×-0.1× | 1.1×-0.7× | 1.1×-0.3× | |
| Quick ratio | 0.5×-0.1× | 0.6×0.0× | 0.7×0.0× | 0.6×-0.7× | 0.6×-0.3× | |
| Cash ratio | 0.1×0.0× | 0.1×0.0× | 0.1×-0.1× | 0.1×-0.6× | 0.1×-0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×-0.1× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×+0.1× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 2.9×-1.0× | 3.2×-0.3× | 3.6×0.0× | 3.5×+0.4× | 3.9×+0.8× | |
| Interest coverage | 3.7×+0.2× | 4.1×-0.1× | 3.9×-0.6× | 3.8×-0.5× | 3.5×-1.0× | |
| Valuation | ||||||
| Market capitalization | $44.73B-32.0% | $55.29B-16.0% | $53.65B-23.0% | $49.17B-27.2% | $65.77B-8.0% | |
| Enterprise value | $58.42B-29.4% | $71.18B-13.6% | $71.33B-17.7% | $65.91B-18.8% | $82.76B-2.7% | |
| Price / earnings | 39.3×-4.6× | 31.5×-6.6× | 32×-8.9× | 31×-16.8× | 43.9×-9.7× | |
| Price / sales | 2.1×-1.2× | 2.6×-0.6× | 2.5×-0.9× | 2.4×-1.0× | 3.3×-0.3× | |
| Price / book | 1.9×-0.8× | 2.2×-0.4× | 2.1×-0.6× | 1.9×-0.7× | 2.6×-0.2× | |
| EV / EBITDA | 12.3×-6.5× | 14.2×-3.2× | 14.5×-4.0× | 13.7×-4.7× | 18.9×-0.7× | |
| EV / sales | 2.7×-1.4× | 3.4×-0.6× | 3.4×-0.9× | 3.2×-0.9× | 4.1×-0.2× | |
| Free cash flow yield | 7.8%— | —— | —— | —— | —— | |
| Earnings yield | 2.5%+0.3pp | 3.2%+0.6pp | 3.1%+0.7pp | 3.2%+1.1pp | 2.3%+0.4pp | |
| Dividend yield | 2.6%+0.9pp | 2.2%+0.4pp | 2.2%+0.7pp | 2.4%+0.8pp | 1.7%+0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Becton, Dickinson and Company's profit margins?
- Becton, Dickinson and Company (BDX) runs a 46.8% gross margin and a 10.4% operating margin, with a 5.3% net margin.
- Where do Becton, Dickinson and Company's ratios come from?
- Every ratio is computed from Becton, Dickinson and Company's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
