Boston Scientific (BSX) Operating Margin (2009 - 2026)
Boston Scientific recorded quarterly Operating Margin of 21.16% in Q1 2026, up 35.58% quarter-over-quarter from 15.61% in Q4 2025, and up 141.0% year-over-year from 8.78% in Q1 2025.
Boston Scientific's Operating Margin history runs 18 years deep, the most recent figure standing at 21.16% for Q1 2026.
- In Q1 2026, Operating Margin rose 141.0% year-over-year to 21.16%; the TTM figure through Mar 2026 stood at 18.4% (up 217.0% YoY), while the FY2025 annual figure was 18.0%, up 246.0% from the prior year.
- Operating Margin came in at 21.16% for Q1 2026 at Boston Scientific, up from 15.61% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 21.16% in Q1 2026 to a low of 11.29% in Q3 2022.
- A 5-year average of 16.1% and a median of 15.68% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 836 bps in 2023 and sank 223 bps in 2024, its largest moves.
- Boston Scientific's Operating Margin stood at 12.4% in 2022, then increased by 26 bps to 15.68% in 2023, then declined by 6 bps to 14.8% in 2024, then climbed by 5 bps to 15.61% in 2025, then soared by 36 bps to 21.16% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 21.16%, 15.61%, and 20.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.17% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 19.94% |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 17.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.16% |
| Dec 31, 2025 | 15.61% |
| Sep 30, 2025 | 20.69% |
| Jun 30, 2025 | 16.18% |
| Mar 31, 2025 | 19.75% |
| Dec 31, 2024 | 14.80% |
| Sep 30, 2024 | 17.42% |
| Jun 30, 2024 | 12.62% |
| Mar 31, 2024 | 17.51% |
| Dec 31, 2023 | 15.68% |
| Sep 30, 2023 | 19.65% |
| Jun 30, 2023 | 14.28% |
| Mar 31, 2023 | 16.29% |
| Dec 31, 2022 | 12.40% |
| Sep 30, 2022 | 11.29% |
| Jun 30, 2022 | 13.04% |
| Mar 31, 2022 | 15.40% |
| Dec 31, 2021 | 5.76% |
| Sep 30, 2021 | 13.20% |
| Jun 30, 2021 | 8.51% |
| Mar 31, 2021 | 13.44% |
| Dec 31, 2020 | 1.85% |
| Sep 30, 2020 | -7.71% |
| Jun 30, 2020 | -3.54% |
| Mar 31, 2020 | 5.74% |
| Dec 31, 2019 | 7.23% |
| Sep 30, 2019 | 14.15% |
| Jun 30, 2019 | 14.60% |
| Mar 31, 2019 | 21.70% |
| Dec 31, 2018 | 12.46% |
| Sep 30, 2018 | 16.21% |
| Jun 30, 2018 | 15.74% |
| Mar 31, 2018 | 17.11% |
| Dec 31, 2017 | 13.21% |
| Sep 30, 2017 | 16.97% |
| Jun 30, 2017 | 9.97% |
| Mar 31, 2017 | 16.85% |
| Dec 31, 2016 | 6.39% |
| Sep 30, 2016 | 16.53% |
| Jun 30, 2016 | -15.71% |
| Mar 31, 2016 | 14.92% |
| Dec 31, 2015 | -11.48% |
| Sep 30, 2015 | -15.84% |
| Jun 30, 2015 | 11.88% |
| Mar 31, 2015 | 1.36% |
| Dec 31, 2014 | -26.07% |
| Sep 30, 2014 | 3.47% |
| Jun 30, 2014 | -3.68% |
| Mar 31, 2014 | 11.10% |
| Dec 31, 2013 | 6.86% |
| Sep 30, 2013 | 5.94% |
| Jun 30, 2013 | 12.16% |
| Mar 31, 2013 | -18.74% |
| Dec 31, 2012 | 6.43% |
| Sep 30, 2012 | -34.24% |
| Jun 30, 2012 | -196.23% |
| Mar 31, 2012 | 10.50% |
| Dec 31, 2011 | 9.20% |
| Sep 30, 2011 | 9.28% |
| Jun 30, 2011 | 12.00% |
| Mar 31, 2011 | 16.73% |
| Dec 31, 2010 | 17.43% |
| Sep 30, 2010 | 13.10% |
| Jun 30, 2010 | 11.98% |
| Mar 31, 2010 | -75.82% |
| Dec 31, 2009 | -59.21% |
| Sep 30, 2009 | 2.52% |
| Jun 30, 2009 | 13.26% |
| Mar 31, 2009 | 0.55% |