Boston Scientific (BSX) Invested Capital (2009 - 2026)
Boston Scientific's Invested Capital came in at $37.8 billion for Q2 2026, up 10.4% from $34.24 billion a year earlier and up 1.8% from the prior quarter.
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Analysis
Boston Scientific (BSX) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Boston Scientific's Invested Capital was $35.91 billion, up 9.6% from FY2024.
- Invested Capital has increased in each of the last 11 years, with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Going back by year, Invested Capital was $32.75 billion in FY2024 (+14.4%), $28.63 billion in FY2023 (+8.0%), $26.51 billion in FY2022 (+3.2%) and $25.69 billion in FY2021 (+5.0%).
- The Q2 2026 figure represents the highest quarterly Invested Capital in data going back to Q2 2009.
- Year-over-year, Invested Capital has increased for 20 consecutive quarters, with growth averaging 11.0% over the last eight quarters.
- The year-over-year growth in Invested Capital has ranged between 2.6% (Q3 2021) and 14.4% (Q4 2024) over the last five years.
- Business Quant data shows BSX's Invested Capital at $37.13 billion (Q1 2026), $35.91 billion (Q4 2025) and $35.23 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 41.22 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 11.32 Bn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 7.67 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.80 Bn |
| Mar 31, 2026 | 37.13 Bn |
| Dec 31, 2025 | 35.91 Bn |
| Sep 30, 2025 | 35.23 Bn |
| Jun 30, 2025 | 34.24 Bn |
| Mar 31, 2025 | 33.76 Bn |
| Dec 31, 2024 | 32.75 Bn |
| Sep 30, 2024 | 31.84 Bn |
| Jun 30, 2024 | 31.18 Bn |
| Mar 31, 2024 | 30.79 Bn |
| Dec 31, 2023 | 28.63 Bn |
| Sep 30, 2023 | 28.03 Bn |
| Jun 30, 2023 | 27.54 Bn |
| Mar 31, 2023 | 27.11 Bn |
| Dec 31, 2022 | 26.51 Bn |
| Sep 30, 2022 | 26.22 Bn |
| Jun 30, 2022 | 26.22 Bn |
| Mar 31, 2022 | 26.04 Bn |
| Dec 31, 2021 | 25.69 Bn |
| Sep 30, 2021 | 25.55 Bn |
API Access
Boston Scientific Invested Capital 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=invested-capital&ticker=BSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();