Boston Scientific (BSX) EBITDA Margin (2020 - 2026)
Boston Scientific (BSX) reported EBITDA Margin of 28.17% for Q2 2026, up 5.35 percentage points from 22.82% a year earlier and up 0.26 percentage points from the prior quarter.
Boston Scientific (BSX) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Boston Scientific's EBITDA Margin came in at 26.51%, up 2.37 percentage points year-over-year; for FY2025, it came in at 24.81%, up 1.69 percentage points from FY2024.
- EBITDA Margin has a five-year change of +14.29 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 23.12% in FY2024 (-1.73 pp), 24.85% in FY2023 (+2.89 pp), 21.96% in FY2022 (+2.68 pp) and 19.28% in FY2021 (+8.76 pp).
- The Q2 2026 figure ranks as the highest quarterly EBITDA Margin in data going back to Q1 2020.
- Year over year, EBITDA Margin has now increased in each of the last six quarters, with an average year-over-year change of +1.03 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2021 (a gain of 19.58 percentage points); the low point was Q3 2024 (a drop of 3.47 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.91% (Q1 2026), 22.51% (Q4 2025) and 27.44% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 24.20% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 21.86% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 28.51% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 41.08% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 25.55% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 29.67% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 28.17% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 24.62% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 31.93% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 27.16% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.17% |
| Mar 31, 2026 | 27.91% |
| Dec 31, 2025 | 22.51% |
| Sep 30, 2025 | 27.44% |
| Jun 30, 2025 | 22.82% |
| Mar 31, 2025 | 26.72% |
| Dec 31, 2024 | 22.43% |
| Sep 30, 2024 | 24.69% |
| Jun 30, 2024 | 20.17% |
| Mar 31, 2024 | 25.39% |
| Dec 31, 2023 | 24.08% |
| Sep 30, 2023 | 28.15% |
| Jun 30, 2023 | 22.56% |
| Mar 31, 2023 | 24.70% |
| Dec 31, 2022 | 21.47% |
| Sep 30, 2022 | 20.25% |
| Jun 30, 2022 | 21.79% |
| Mar 31, 2022 | 24.45% |
| Dec 31, 2021 | 15.03% |
| Sep 30, 2021 | 22.48% |
Boston Scientific EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();