Becton Dickinson (BDX) Gross Margin (2009 - 2026)

Becton Dickinson (BDX) reported Gross Margin of 45.69% for Q1 2026, up 415.0% year-over-year from 8.87% in Q1 2025, and little changed quarter-over-quarter from 45.91% in Q4 2025.

Becton Dickinson (BDX) Gross Margin (2009 - 2026) Analysis & Trends

Becton Dickinson (BDX) has 18 years of Gross Margin data on file, last reported at 45.69% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 45.69%, up 415.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.79% (up 251.0% YoY), and the FY2025 annual result was 45.44%, up 22.0% from the prior year.
  • Gross Margin was little changed at 45.69% in Q1 2026 per BDX's latest filing, from 45.91% in the prior quarter.
  • Over five years, Gross Margin peaked at 47.81% in Q2 2025 and troughed at 33.44% in Q3 2023.
  • A 5-year average of 44.38% and a median of 45.67% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 1019 bps in 2023, then jumped 1230 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 46.51% in 2022, then declined by 7 bps to 43.07% in 2023, then increased by 0 bps to 43.25% in 2024, then climbed by 6 bps to 45.91% in 2025, then fell by 0 bps to 45.69% in 2026.
  • Business Quant data shows BDX's Gross Margin at 45.69% in Q1 2026, 45.91% in Q4 2025, and 47.51% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 66.06%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 45.69%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 25.04%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 62.25%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 35.08%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 54.66%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 68.00%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 70.82%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 32.99%
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 35.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 45.69%
Dec 31, 2025 45.91%
Sep 30, 2025 47.51%
Jun 30, 2025 47.81%
Mar 31, 2025 41.54%
Dec 31, 2024 43.25%
Sep 30, 2024 45.74%
Jun 30, 2024 46.23%
Mar 31, 2024 45.67%
Dec 31, 2023 43.07%
Sep 30, 2023 33.44%
Jun 30, 2023 43.05%
Mar 31, 2023 46.36%
Dec 31, 2022 46.51%
Sep 30, 2022 43.63%
Jun 30, 2022 44.54%
Mar 31, 2022 44.48%
Dec 31, 2021 47.05%
Sep 30, 2021 43.04%
Jun 30, 2021 42.50%