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Boston Scientific BSX Operating margin

Operating margin at other companies

Abbott logo
AbbottABT
15.8%-1.7pp
TFX
TeleflexTFX
3%-11.8pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
26.5%+2.8pp
Stryker logo
StrykerSYK
21.4%+6.2pp
Haemonetics logo
HaemoneticsHAE
19%+5.9pp
CONMED logo
CONMEDCNMD
8%-5.0pp

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
Net margin17.5%+4.0pp
FCF margin16.9%-0.3pp

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 source filing: Boston Scientific’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 6:33 AM EDT
Accession
0000885725-26-000051

FAQ

What is Boston Scientific's operating margin?
Boston Scientific (BSX) reported operating margin of 19.8% in Q2 2026.
How has Boston Scientific's operating margin changed year-over-year?
Boston Scientific's operating margin increased by 16.2% year-over-year, from 17% to 19.8%.
What is the long-term trend for Boston Scientific's operating margin?
Over 4 years (2021 to 2025), Boston Scientific's operating margin has grown at a 15.6% compound annual growth rate (CAGR), from 10.1% to 18%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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