Boston Scientific (BSX) FCF Margin (2009 - 2026)
Boston Scientific's (BSX) quarterly FCF Margin came in at 23.5% in Q2 2026, up 119.0% year-over-year from 10.73% in Q2 2025, and up 615.1% quarter-over-quarter from 3.29% in Q1 2026.
Analysis
Boston Scientific (BSX) FCF Margin (2009 - 2026) Analysis & Trends
Boston Scientific has disclosed FCF Margin across 18 years of filings, most recently posting 23.5% for Q2 2026.
- In Q2 2026, FCF Margin rose 119.0% year-over-year to 23.5%; the TTM figure through Jun 2026 stood at 17.27% (down 158.0% YoY), while the FY2025 annual figure was 18.22%, up 243.0% from the prior year.
- FCF Margin came in at 23.5% for Q2 2026 at Boston Scientific, up from 3.29% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 25.85% in Q4 2024 to a low of 5.92% in Q1 2022.
- Average FCF Margin over 5 years is 13.23%, with a median of 15.19% recorded in 2023.
- The largest YoY upside for FCF Margin was 1157 bps in 2022 against a maximum downside of 1351 bps in 2022.
- Over 5 years, FCF Margin stood at 18.35% in 2022, then grew by 1 bps to 18.52% in 2023, then jumped by 40 bps to 25.85% in 2024, then dropped by 26 bps to 19.16% in 2025, then increased by 23 bps to 23.5% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 23.5% in Q2 2026, 3.29% in Q1 2026, and 19.16% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 15.81% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 32.79% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 13.22% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 16.07% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 23.50% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 33.60% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 21.78% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 14.10% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 18.73% |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 18.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.50% |
| Mar 31, 2026 | 3.29% |
| Dec 31, 2025 | 19.16% |
| Sep 30, 2025 | 22.94% |
| Jun 30, 2025 | 22.31% |
| Mar 31, 2025 | 7.59% |
| Dec 31, 2024 | 25.85% |
| Sep 30, 2024 | 19.55% |
| Jun 30, 2024 | 15.97% |
| Mar 31, 2024 | -0.39% |
| Dec 31, 2023 | 18.52% |
| Sep 30, 2023 | 14.40% |
| Jun 30, 2023 | 14.31% |
| Mar 31, 2023 | 2.33% |
| Dec 31, 2022 | 18.35% |
| Sep 30, 2022 | 10.09% |
| Jun 30, 2022 | 6.23% |
| Mar 31, 2022 | -5.92% |
| Dec 31, 2021 | 6.78% |
| Sep 30, 2021 | 12.21% |