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Boston Scientific BSX Free cash flow margin

Free cash flow margin at other companies

Abbott logo
AbbottABT
16.3%+0.6pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
18.5%-4.3pp
Stryker logo
StrykerSYK
18.1%+2.7pp
Edwards Lifesciences logo
Edwards LifesciencesEW
17.3%
Medtronic logo
MedtronicMDT
14.9%-0.5pp
STERIS logo
STERISSTE
16.4%+2.1pp

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 free cash flow margin?
Boston Scientific (BSX) reported free cash flow margin of 16.9% in Q1 2026.
How has Boston Scientific's free cash flow margin changed year-over-year?
Boston Scientific's free cash flow margin decreased by 1.8% year-over-year, from 17.2% to 16.9%.
What is the long-term trend for Boston Scientific's free cash flow margin?
Over 4 years (2021 to 2025), Boston Scientific's free cash flow margin has grown at a 6.9% compound annual growth rate (CAGR), from 56.7% to 74%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.