Becton Dickinson (BDX) Gross Margin (2009 - 2026)
Becton Dickinson (BDX) posted quarterly 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 reported Gross Margin for 18 consecutive years, with 45.69% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 415.0% year-over-year to 45.69%; the TTM figure through Mar 2026 stood at 46.79% (up 251.0% YoY), while the FY2025 annual figure 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.
- Across five years, Gross Margin topped out at 47.81% in Q2 2025 and bottomed at 33.44% in Q3 2023.
- Historically, Gross Margin has averaged 44.38% across 5 years, with a median of 45.67% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 1019 bps — and 2024, when it jumped 1230 bps.
- Becton Dickinson's Gross Margin stood at 46.51% in 2022, then fell by 7 bps to 43.07% in 2023, then rose by 0 bps to 43.25% in 2024, then grew by 6 bps to 45.91% in 2025, then retreated 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 | 132.71 Bn | 127.50 Bn | 1.96 Bn | 67.78% |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 46.46% |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 59.33% |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 58.84% |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 28.82% |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 37.74% |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 58.22% |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 68.00% |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 34.86% |
| 10 | Align Technology | 11.37 Bn | 10.27 Bn | 757.43 Mn | 71.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.46% |
| 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% |