Boston Scientific (BSX) FCF Margin (2009 - 2026)
Boston Scientific (BSX) recorded FCF Margin of 23.50% in Q2 2026, up 1.19 percentage points from 22.31% a year earlier and up 20.22 percentage points from the prior quarter.
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Analysis
Boston Scientific (BSX) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Boston Scientific's FCF Margin came in at 17.27% as of Jun 30, 2026, down 1.58 percentage points year-over-year; for FY2025, it was 18.22%, up 2.43 percentage points from FY2024.
- Annual FCF Margin has increased for three straight years, with a five-year change of +6.80 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 15.79% in FY2024 (+3.21 pp), 12.58% in FY2023 (+5.19 pp), 7.40% in FY2022 (-3.67 pp) and 11.07% in FY2021 (-0.35 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q4 2024.
- On a year-over-year basis, FCF Margin rose in six of the last eight quarters, with an average year-over-year change of +2.55 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 11.57 percentage points in Q4 2022, against a drop of 13.51 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.29% (Q1 2026), 19.16% (Q4 2025) and 22.94% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 13.97% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 15.81% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 20.19% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 32.79% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 16.07% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 23.50% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 12.70% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 33.60% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 23.38% |
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% |
API Access
Boston Scientific FCF 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=fcf-margin&ticker=BSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=BSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();