Boston Scientific Corporation(BSX)
NASDAQ

Fundamental Analysis & Financials

$74.58
-1.14 (-1.51%)

Valuation Snapshot

What the multiples imply about expectations

The market considers the company to be a mid-cap company with a significant market presence. At current multiples, it trades at a premium—reflecting strong brand and market position, but leaving limited room for disappointment.

Valuation Metrics

Ratios and multiples

Forward P/E
19.42
EV/Revenue (TTM)6.15
Price/FCF (TTM)34.81

Financial Health

Liquidity and leverage

ROE (TTM)12.45%
ROA (TTM)5.98%
Debt/Equity (MRQ)48.92

The company's financial health appears strong. High ROE and strong ROA reflect reasonably efficient capital use. Debt is elevated but represents structural leverage for shareholder return strategy (buybacks) rather than operational stress.

Valuation Multiples

Current valuation metrics

P/E Ratio39.22
P/B Ratio4.66
P/S Ratio5.62
EV/EBITDA23.12
PEG Ratio0.83

Quarterly Earnings History

Recent quarterly financial performance and trends

Latest Quarter
Q3 2025
Revenue (TTM)
$5.07B
Net Income (TTM)
$755.00M
EPS (Diluted)
$0.51
QuarterRevenueNet IncomeGross ProfitEPS (Basic)EPS (Diluted)Gross MarginNet Margin
Q3 2025(Latest)$5.07B$755.00M$3.54B$0.51$0.5169.9%14.9%
Q2 2025$5.06B$797.00M$3.42B$0.54$0.5367.7%15.8%
Q1 2025$4.66B$674.00M$3.21B$0.46$0.4568.8%14.4%

Key Insights:

  • Revenue increased by 0.1% from previous quarter
  • Net margin of 14.9% indicates moderate profitability
  • EPS declined by 3.8% quarter-over-quarter

Financial Efficiency

Utilization and collections performance

Asset Turnover 0.51 indicates moderate efficiency. Receivables Turnover 7.85 and DSO 46.51 reflect good collections. Working Capital Turnover 38.53 is highly efficient. ROIC 8.9% highlights weak capital returns.

Efficiency Metrics

Asset Turnover0.51
Receivables Turnover7.85
Working Capital Turnover38.53
Days Sales Outstanding46.51
Days Inventory Outstanding195.10
ROIC (TTM)8.9%
Inventory Turnover1.87
Cash Conversion Cycle174.96

Profitability & Growth

Margins and earnings power

Revenue (TTM)
$20.07B
15.90 YoY
Profit Margin (TTM)
14.44%
Operating Margin (TTM)
19.69%
Gross Profit (TTM)
$13.81B
Gross Margin 68.78%
EBITDA (TTM)
$5.34B
EBITDA Margin 26.60%
Net Income (TTM)
$2.90B
Earnings 18.50% YoY

Efficiency Performance Matrix

4-quadrant analysis of operational efficiency vs profitability

Efficiency vs Profitability Quadrants

High Efficiency
High Margin
High Efficiency
Low Margin
Low Efficiency
High Margin
Low Efficiency
Low Margin

Efficiency Analysis

Asset Turnover
Efficiency:0.51x
Margin:68.8%
Quadrant:Margin-Driven
Receivables Turnover
Efficiency:7.85x
Margin:19.7%
Quadrant:Margin-Driven
Working Capital
Efficiency:38.53x
Margin:14.4%
Quadrant:Optimal
Overall Efficiency Score

Profit-focused operations with efficiency opportunities

⚠️ Thresholds are benchmark-based heuristics derived from long-term industry averages, not strict valuation rules.

• Bubble size represents ROIC magnitude

• Green (Optimal): Excellent efficiency-profitability balance

• Blue (Efficiency-Driven): High turnover, room to improve margins

• Yellow (Margin-Driven): Strong margins, opportunity to improve efficiency

• Red (Weak Operations): Areas needing improvement on both dimensions

Market Data & Share Structure

Comprehensive valuation metrics and ownership breakdown

Market Data & Capitalization

Market Cap
$112.84B
Mega-cap: Premium liquidity & institutional favorite
Enterprise Value
$123.44B
EV 9% > Market Cap: Net debt position
Next Earnings Date
02/04/2026
Earnings date has passed - awaiting update

Share Statistics & Ownership

Shares Outstanding
N/A
Total shares issued and held by all shareholders
Shares Float
N/A
Shares available for public trading
Institutional Ownership
N/A
Held by funds, pensions, endowments
Insider Ownership
N/A
Held by executives and board members
Shares Short
N/A
Shares sold short - bearish bets
Implied Shares Outstanding
N/A
Calculated from market cap and price

Profitability Margin Pyramid

Hierarchical view of margin compression from revenue to net income

Margin Hierarchy by Profitability Level

100.0%
Revenue
$20.07B
68.8%
Gross Profit
$13.81B
26.6%
EBITDA
$5.34B
14.4%
Net Income
$2.90B
Margin Profile:
Revenue100.0% margin (Top line revenue generation)
Gross Profit68.8% margin (Revenue minus cost of goods sold)
EBITDA26.6% margin (Earnings before interest, taxes, depreciation, and amortization)
Net Income14.4% margin (Bottom line profitability after all expenses)

Margin Analysis

Total Revenue

Amount:$20.07B
Margin:100.0%
Top line revenue generation

Gross Profit

Amount:$13.81B
Margin:68.8%
Revenue minus cost of goods sold

EBITDA

Amount:$5.34B
Margin:26.6%
Earnings before interest, taxes, depreciation, and amortization

Net Income

Amount:$2.90B
Margin:14.4%
Bottom line profitability after all expenses

Margin Quality Assessment

Good margin profile with healthy profit retention

• Larger circles represent higher dollar amounts

• Margin percentages show profitability at each level

• Blue: Revenue base

• Green: Gross profitability

• Yellow: Operating performance

• Red: Net profitability

Operating Cash & Liquidity

Core cash generation and short-term solvency

Cash Flow Analysis

Operating Cash Flow (TTM)

$4.53B

Cash from core operations

Free Cash Flow (TTM)

$3.24B

Available after capex

Financial Position & Liquidity

Current Ratio

1.62

Healthy

Quick Ratio

0.90

Fair

Net Cash

$-10.01B

Net debtor

Total Cash

$1.96B

Balance sheet cash

Total Debt

$11.97B

Outstanding borrowings

Dividends & Shareholder Returns

Policy stance and implications

The company does not currently pay a regular dividend — prioritizing reinvestment for growth. This makes it attractive for growth investors, while income-oriented investors may prefer peers with dividend payouts.

Last Split
11/06/2003 (2.00)