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| Date | Value |
|---|---|
| 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% |