Boston Scientific Corp (BSX)

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in two segments, MedSurg and Cardiovascular. It offers devices to diagnose and treat a range of gastrointestinal conditions, such as resolution clips, biliary stent systems, stents and electrocautery enhanced delivery systems, SpyGlass, single-use scopes used for diagnostic and therapeutic procedures in the pancreaticobiliary system, in endoscopic retrograde cholangiopancreatography procedures, and single-use duodenoscopes, as well as endoluminal surgery and infection prevention products; devices to treat urological conditions, including ureteral stents, catheters, baskets, guidewires, urinary and bowel dysfunction, sheaths, balloons, single-use digital flexible ureteroscopes, holmium laser systems, penile implants, artificial urinary sphincter, laser system, and hydrogel systems; and devices to treat neurological movement disorders and manage chronic pain, such as spinal cord stimulator systems, radiofrequency ablation, and intraosseous nerve ablation and deep brain stimulation systems. The company also provides technologies for diagnosing and treating a range of diseases and abnormalities of the heart; WATCHMAN FLX, a left atrial appendage closure (LAAC) device; and implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities, such as cardioverter and cardiac resynchronization therapy defibrillators, MRI S-ICD systems, cardiac resynchronization therapy pacemakers, remote patient management systems, insertable cardiac monitor systems, and remote cardiac monitoring systems. In addition, it offers diagnosis and treatment of rate and rhythm disorders of the heart; peripheral arterial and venous diseases; and products to diagnose and treat forms of cancer. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.

Symbol
BSX
Exchange
NYSE
Sector
Healthcare
Industry
Medical Devices
Market cap
$62.63B
52 week range
41.94 - 105.65

Valuation

Share price
$42.60 (close of 2026-10-02)
P/E (TTM)
17.18x
Price to book
2.49x
Price to free cash flow
17.28x
Enterprise value
$74.72B
Book value per share
$17.12

Price performance

PeriodChange
1 day-1.46%
5 days-3.01%
1 month-11.93%
3 months-5.63%
6 months-32.19%
Year to date-55.32%
1 year-55.73%
3 years-19.33%
5 years-2.74%
10 years+78.99%
All time+895.33%

Members of Congress who disclosed BSX trades

Gilbert Ray Cisneros · Kevin Hern · Lisa McClain · John Boozman · Bruce Westerman · Val Hoyle · Alan Armstrong · Jefferson Shreve · Markwayne Mullin

Super investors holding BSX

Lee Ainslie (Maverick Capital LTD) · Ken Griffin (Citadel) · Sarah Ketterer (Causeway Capital Management LLC) · Ray Dalio (Bridgewater Associates) · Dodge & Cox (Dodge & Cox Funds) · Mairs & Power (Mairs & Power Inc) · Polen Capital Mgmt (Polen Capital Management LLC)

Profitability and growth

Return on equity
11.82%
Return on invested capital
9.19%
Return on assets
6.62%
Return on capital employed
9.45%
Gross margin
69.01%
Net margin
14.41%
EBITDA margin
24.81%
Revenue growth
19.87%
Net income growth
56.66%
Free cash flow growth
38.30%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.79%
Current ratio
1.24x
Net debt to EBITDA
2.14x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$20.07B
Cost of revenue
$6.22B
Gross profit
$13.85B
EBITDA
$4.98B
Net income
$2.89B
Earnings per share
$1.96
Interest expense
$349.00M
Shares outstanding
1.48B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$20.07B$13.85B$2.89B$1.96
2024-12-31$16.75B$11.49B$1.85B$1.26
2023-12-31$14.24B$9.90B$1.59B$1.08
2022-12-31$12.68B$8.73B$698.00M$0.45
2021-12-31$11.89B$8.18B$1.04B$0.69
2020-12-31$9.91B$6.45B-$82.00M$-0.08
2019-12-31$10.73B$7.62B$4.70B$3.38
2018-12-31$9.82B$7.01B$1.67B$1.21
2017-12-31$9.05B$6.46B$104.00M$0.08
2016-12-31$8.39B$5.96B$347.00M$0.26

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3169.01%14.41%11.82%9.19%
2024-12-3168.61%11.02%8.39%6.70%
2023-12-3169.49%11.18%8.15%6.93%
2022-12-3168.81%5.50%3.97%4.65%
2021-12-3168.78%8.76%6.26%7.54%
2020-12-3165.05%-0.83%-0.54%-0.57%
2019-12-3170.98%43.78%33.87%9.84%
2018-12-3171.37%17.01%19.15%13.90%
2017-12-3171.34%1.15%1.48%5.16%
2016-12-3171.09%4.14%5.15%3.72%

Cash and debt by year

Period endCashDebt
2025-12-31$1.97B-
2024-12-31$414.00M-
2023-12-31$865.00M-
2022-12-31$928.00M-
2021-12-31$1.93B-
2020-12-31$1.73B-
2019-12-31$217.00M-
2018-12-31$146.00M-
2017-12-31$188.00M$3.81B
2016-12-31$196.00M$5.42B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$3.66B$299.00M
2024-12-31$2.65B$266.00M
2023-12-31$1.79B$233.00M
2022-12-31$938.00M$220.00M
2021-12-31$1.32B$194.00M
2020-12-31$1.13B$170.00M
2019-12-31$1.38B$157.00M
2018-12-31-$6.00M$140.00M
2017-12-31$1.11B$127.00M
2016-12-31$806.00M$116.00M

Investor relations

Next earnings report

Next confirmed report
2026-10-28
Consensus EPS estimate
$0.76

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-29Jun/2026$0.83
2026-04-22Mar/2026$0.80
2026-02-04Dec/2025$0.78
2025-10-22Sep/2025$0.71
2025-07-23Jun/2025$0.72
2025-07-22--
2025-04-23Mar/2025$0.67
2025-04-22--

Filings and sources

Company website
bostonscientific.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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