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 on a QoQ basis from 45.91% in Q4 2025.
Becton Dickinson (BDX) has 18 years of Gross Margin data on file, last reported at 45.69% in Q1 2026.
- Quarterly Gross Margin rose 415.0% year-over-year to 45.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 46.79% (up 251.0% YoY) and the FY2025 annual result came in at 45.44%, up 22.0% from the prior year.
- Gross Margin steadied at 45.69% in Q1 2026 per BDX's latest filing, from 45.91% in the prior quarter.
- Across five years, Gross Margin topped out at 47.81% in Q2 2025 and bottomed at 33.44% in Q3 2023.
- The 5-year median for Gross Margin is 45.67% (2024), against an average of 44.38%.
- The widest annual swing landed in 2023, when Gross Margin slumped 1019 bps; it then surged 1230 bps in 2024.
- Tracing BDX's Gross Margin over 5 years: stood at 46.51% in 2022, then slipped by 7 bps to 43.07% in 2023, then climbed by 0 bps to 43.25% in 2024, then gained by 6 bps to 45.91% in 2025, then dropped by 0 bps to 45.69% in 2026.
- Per Business Quant, the three latest BDX Gross Margin figures stand at 45.69% (Q1 2026), 45.91% (Q4 2025), and 47.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 66.06% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 45.69% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 62.25% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 35.08% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 54.66% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 67.88% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 70.82% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 32.99% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 35.80% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 55.74% |
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% |
| Mar 31, 2021 | 45.77% |
| Dec 31, 2020 | 51.40% |
| Sep 30, 2020 | 51.63% |
| Jun 30, 2020 | 43.06% |
| Mar 31, 2020 | 40.75% |
| Dec 31, 2019 | 46.82% |
| Sep 30, 2019 | 49.43% |
| Jun 30, 2019 | 47.68% |
| Mar 31, 2019 | 47.06% |
| Dec 31, 2018 | 47.43% |
| Sep 30, 2018 | 47.55% |
| Jun 30, 2018 | 47.12% |
| Mar 31, 2018 | 38.04% |
| Dec 31, 2017 | 50.42% |
| Sep 30, 2017 | 49.81% |
| Jun 30, 2017 | 49.52% |
| Mar 31, 2017 | 48.23% |
| Dec 31, 2016 | 49.69% |
| Sep 30, 2016 | 48.03% |
| Jun 30, 2016 | 48.37% |
| Mar 31, 2016 | 48.35% |
| Dec 31, 2015 | 47.15% |
| Sep 30, 2015 | 46.71% |
| Jun 30, 2015 | 37.63% |
| Mar 31, 2015 | 51.00% |
| Dec 31, 2014 | 50.95% |
| Sep 30, 2014 | 50.05% |
| Jun 30, 2014 | 51.51% |
| Mar 31, 2014 | 50.82% |
| Dec 31, 2013 | 51.36% |
| Sep 30, 2013 | 51.74% |
| Jun 30, 2013 | 51.63% |
| Mar 31, 2013 | 50.90% |
| Dec 31, 2012 | 52.95% |
| Sep 30, 2012 | 50.89% |
| Jun 30, 2012 | 52.16% |
| Mar 31, 2012 | 51.21% |
| Dec 31, 2011 | 50.84% |
| Sep 30, 2011 | 51.16% |
| Jun 30, 2011 | 52.73% |
| Mar 31, 2011 | 52.10% |
| Dec 31, 2010 | 53.02% |
| Sep 30, 2010 | 51.63% |
| Jun 30, 2010 | 51.75% |
| Mar 31, 2010 | 51.96% |
| Dec 31, 2009 | 52.14% |
| Sep 30, 2009 | 52.08% |
| Jun 30, 2009 | 52.75% |
| Mar 31, 2009 | 51.92% |