Becton Dickinson (BDX) Operating Margin (2009 - 2026)
Becton Dickinson (BDX) reported Operating Margin of 1.97% for Q1 2026, down 658.0% year-over-year from 0.35% in Q1 2025, and down 81.23% quarter-over-quarter from 10.51% in Q4 2025.
Becton Dickinson (BDX) Operating Margin (2009 - 2026) Analysis & Trends
Becton Dickinson (BDX) has 18 years of Operating Margin data on file, last reported at 1.97% in Q1 2026.
- Operating Margin for Q1 2026 came in at 1.97%, down 658.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.41% (up 15.0% YoY), and the FY2025 annual result was 11.81%, down 7.0% from the prior year.
- Operating Margin declined to 1.97% in Q1 2026 per BDX's latest filing, from 10.51% in the prior quarter.
- Over five years, Operating Margin peaked at 16.01% in Q2 2025 and troughed at 1.97% in Q1 2026.
- A 5-year average of 10.74% and a median of 11.44% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2026: Operating Margin jumped 458 bps in 2024, then tumbled 658 bps in 2026.
- A 5-year view of Operating Margin shows it stood at 12.76% in 2022, then fell by 27 bps to 9.33% in 2023, then slipped by 6 bps to 8.77% in 2024, then grew by 20 bps to 10.51% in 2025, then slumped by 81 bps to 1.97% in 2026.
- Business Quant data shows BDX's Operating Margin at 1.97% in Q1 2026, 10.51% in Q4 2025, and 11.83% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 30.87% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 1.97% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 5.74% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 34.92% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 20.96% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 4.04% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -2.87% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 13.65% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 2.44% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 10.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.97% |
| Dec 31, 2025 | 10.51% |
| Sep 30, 2025 | 11.83% |
| Jun 30, 2025 | 16.01% |
| Mar 31, 2025 | 8.55% |
| Dec 31, 2024 | 8.77% |
| Sep 30, 2024 | 11.44% |
| Jun 30, 2024 | 12.06% |
| Mar 31, 2024 | 14.55% |
| Dec 31, 2023 | 9.33% |
| Sep 30, 2023 | 6.86% |
| Jun 30, 2023 | 11.25% |
| Mar 31, 2023 | 13.03% |
| Dec 31, 2022 | 12.76% |
| Sep 30, 2022 | 10.27% |
| Jun 30, 2022 | 11.57% |
| Mar 31, 2022 | 11.87% |
| Dec 31, 2021 | 14.67% |
| Sep 30, 2021 | 7.84% |
| Jun 30, 2021 | 10.68% |