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Boston Scientific BSX Debt-to-equity

Debt-to-equity at other companies

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0.6×+0.4×
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0.9×+0.4×
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0.6×-0.1×
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1.6×0.0×
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0.5×-0.1×

Other financials

Income statement

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Revenue$5.4B+7.5%
Gross profit$3.8B+12.4%
Operating income$1.2B+43.8%
Net income$907.0M+14.1%
EPS (diluted)$0.61+15.1%

Balance sheet

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Cash & equivalents$850.0M+146%
Total debt$659.0M-94.1%
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-5.3%
Free cash flow$171.0M-51.7%

Valuation

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Market cap$69.46B-56.1%
P/E18.9×-44.4×
P/S3.3×-5.3×

Profitability

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Gross margin69.9%+1.7pp
Operating margin19.8%+2.8pp
Net margin17.5%+4.0pp
FCF margin16.9%-0.3pp

Returns & leverage

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Return on equity14.8%+5.2pp
Current ratio1.9×+0.4×

Where this comes from

Calculated from Boston Scientific’s reported figures.

Based on the most recent quarter.

The source filing: Boston Scientific’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 6:25 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000885725-26-000033

FAQ

What is Boston Scientific's debt-to-equity?
Boston Scientific (BSX) reported debt-to-equity of 0× in Q4 2025.
How has Boston Scientific's debt-to-equity changed year-over-year?
Boston Scientific's debt-to-equity decreased by 94.7% year-over-year, from 0.5× to 0×.
What is the long-term trend for Boston Scientific's debt-to-equity?
Over 5 years (2020 to 2025), Boston Scientific's debt-to-equity has grown at a -46.5% compound annual growth rate (CAGR), from 0.6× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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