Becton Dickinson (BDX) Gross Margin (2009 - 2026)
Becton Dickinson's (BDX) quarterly Gross Margin came in at 45.69% in Q1 2026, up 415.0% year-on-year from 8.87% in Q1 2025, and little changed on a QoQ basis 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.
- On a quarterly basis, Gross Margin rose 415.0% year-over-year to 45.69% in Q1 2026; TTM through Mar 2026 was 46.79%, a 251.0% increase from a year earlier, with the FY2025 full-year figure at 45.44%, up 22.0% from the prior year.
- Gross Margin for Q1 2026 stood at 45.69%, roughly flat from 45.91% in the prior quarter.
- Over the last five years, Gross Margin for BDX reached as high as 47.81% in Q2 2025 and fell as low as 33.44% in Q3 2023.
- Historically, Gross Margin has averaged 44.38% across 5 years, with a median of 45.67% in 2024.
- Across the five-year window, Gross Margin slumped 1019 bps in 2023 and surged 1230 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 46.51% in 2022, then decreased by 7 bps to 43.07% in 2023, then advanced by 0 bps to 43.25% in 2024, then rose by 6 bps to 45.91% in 2025, then slipped by 0 bps to 45.69% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | 56.80% |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 67.78% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 45.69% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 25.04% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 62.25% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 37.74% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 68.00% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 54.66% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 70.82% |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | 32.99% |
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% |