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Boston Scientific BSX Asset turnover

Asset turnover at other companies

Abbott logo
AbbottABT
0.5×-0.1×
Johnson & Johnson logo
Johnson & JohnsonJNJ
0.5×0.0×
Stryker logo
StrykerSYK
0.5×0.0×
Edwards Lifesciences logo
Edwards LifesciencesEW
0.5×0.0×
Medtronic logo
MedtronicMDT
0.4×0.0×
STERIS logo
STERISSTE
0.6×+0.1×

Other financials

Income statement

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Revenue$5.2B+11.6%
Gross profit$3.6B+12.6%
Operating income$1.1B+19.5%
Net income$1.3B+99.3%
EPS (diluted)$0.90+100%

Balance sheet

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Cash & equivalents$850.0M+146%
Total equity$25.9B+16.4%
Total assets$44.4B+10.5%

Cash flow

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Operating cash flow$348.0M-35.7%
CapEx$177.0M-5.4%
Free cash flow$171.0M-51.7%

Valuation

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Market cap$66.81B-37.5%
P/E18.8×-34.0×
P/S3.2×-2.8×

Profitability

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Gross margin69.2%+0.5pp
Operating margin18.4%+2.2pp
Net margin17.3%+5.7pp

Returns & leverage

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Return on equity14.8%+5.2pp
Debt / equity-0.5×
Current ratio1.9×+0.4×

Where this comes from

Calculated from Boston Scientific’s reported figures.

Based on trailing twelve months.

The official record: Boston Scientific’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boston Scientific's asset turnover?
Boston Scientific (BSX) reported asset turnover of 0.5× in Q1 2026.
How has Boston Scientific's asset turnover changed year-over-year?
Boston Scientific's asset turnover increased by 6.8% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for Boston Scientific's asset turnover?
Over 4 years (2021 to 2025), Boston Scientific's asset turnover has grown at a 7.1% compound annual growth rate (CAGR), from 1.4× to 1.9×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.