BSX

Boston Scientific
D

BSX

Arincen84/100B

If you had invested in Boston Scientific ago, it would be worth $2,056 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

84/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders—

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Boston Scientific key facts

Style
Value stock · 8.1/10Growth 4.7 · Value 8.1
Day range
44.130 – 44.560
52-week range
39.570 – 105.650
Market capitalization
64.20B USD
P/E
18.69
PEG ratio
1.20
EPS
2.37
EPS growth forecast (FY2026)
+3.7%
Volume
86,827
Beta
0.59
ESG score
62.8/100Environment 72 · Social 59 · Governance 57
Sector
Healthcare
Industry
Medical - Devices
CEO
Michael F. Mahoney
Employees
59K
IPO date
19 May 1992

Boston Scientific earnings

Next earnings · Q4 FY2026
EPS estimate
0.78 USD
Revenue estimate
5.18B USD
Last quarter · Q3 FY2026
EPS0.73Beat +0.4%Revenue5.14BBeat +1.0%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20270.77——+5.39%5.13B——-0.24%
Q2 FY20270.80——-7.32%5.29B——-2.88%
Q1 FY20270.75——-6.71%5.06B——-2.72%
Q4 FY20260.78——-2.50%5.18B——-2.01%
Q3 FY20260.730.73+0.41%-2.67%5.09B5.14B+0.99%+1.44%
Q2 FY20260.840.86+2.99%+14.67%5.38B5.44B+1.25%+7.53%
Q1 FY20260.790.80+1.52%+6.67%5.17B5.20B+0.58%+11.58%
Q4 FY20250.780.80+2.43%+14.29%5.28B5.29B+0.12%+15.90%
Q3 FY20250.710.75+5.04%+19.05%4.97B5.07B+1.93%+20.34%
Q2 FY20250.730.75+3.45%+20.97%4.89B5.06B+3.43%+22.84%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Boston Scientific analyst forecast

12-month price target
54.65 USD
+23.39%

Analysts' 1-year price targets range from 46.00 to 71.00, with an average of 54.65.

Past year
1-year forecast
Strong sellStrong buy
Buy
25 ratings
Buy
18
Hold
7
Sell
0

12-month price target

Highest target71.00
Average target54.65
Lowest target46.00
Current price44.29

Boston Scientific valuation

Price to earnings ratio (TTM)
18.69
Forward P/E (FY2026)
14.00
Price to sales (TTM)
3.05
Price to book
2.50
EV / EBITDA (TTM)
13.95

Capital structure

Market capitalization
64.20B USD
+
Total debt
11.95B USD
−
Cash and short-term investments
609.00M USD
=
Enterprise value
75.54B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)13.20————
FY2027 (est.)14.1913.20———
FY2026 (est.)14.0014.19———
Now (TTM)18.6914.163.052.5013.95
FY202548.6523.477.035.8229.70
FY202470.8923.477.856.0436.10
FY202353.5023.475.904.3626.82
FY2022103.1023.035.223.7727.20
FY202161.3424.495.083.6326.98

Boston Scientific against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Edwards Lifesciences, GE HealthCare Technologies, Stryker, DexCom, Abbott Laboratories, and Zimmer Biomet Holdings, the US Medical - Devices companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median18.7
    18.0117.7
  • Gross marginHighest in 5 years69.0%
    60.8%69.0%
    Against its peers: 2 of 7Peers' median 60.9%
  • Operating marginHighest in 5 years19.8%
    14.4%19.8%
    Against its peers: 2 of 7Peers' median 18.8%
  • Net marginHighest in 5 years14.4%
    5.5%14.4%
    Against its peers: 4 of 7Peers' median 13.8%
  • Return on equityHighest in 5 years11.9%
    4.0%11.9%
    Against its peers: 5 of 7Peers' median 13.5%
  • Free cash flow marginHighest in 5 years18.2%
    7.4%18.2%
    Against its peers: 3 of 7Peers' median 17.5%
  • Revenue growthAbove its median19.9%
    6.7%19.9%
    Against its peers: 1 of 7Peers' median 9.2%
  • EPS growthAbove its median55.2%
    -35.1%140.6%
    Against its peers: 1 of 7Peers' median -7.5%
  • Debt to EBITDALowest in 5 years2.32×
    2.32×3.75×
    Against its peers: 4 of 7Peers' median 1.93×
  • Current ratioHighest in 5 years1.62
    1.081.62
    Against its peers: 5 of 7Peers' median 1.89

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Boston Scientific growth and profitability

Revenue (TTM)
21.07B USD
Net income (TTM)
3.49B USD
Gross margin
70.37%
Operating margin
21.05%
Net margin
16.56%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202520.07B+19.87%2.89B+55.66%69.01%19.78%14.38%5.10B+29.56%
FY202416.75B+17.61%1.85B+16.38%61.31%15.73%11.07%3.94B+14.05%
FY202314.24B+12.29%1.59B+128.22%62.02%15.32%11.19%3.45B+25.98%
FY202212.68B+6.68%698.00M-32.88%60.83%14.38%5.50%2.74B+8.86%
FY202111.89B+19.92%1.04B—62.76%16.17%8.75%2.52B+66.53%

Boston Scientific revenue breakdown

By product

FY2025
Cardiovascular: 66.0%MedSurg: 34.0%66.0%Cardiovascular34.0%MedSurg
SegmentRevenueShare of revenueChange on the year
Cardiovascular13.27B66.0%+23.3%
MedSurg6.83B34.0%+13.9%

By region

FY2025
United States: 64.1%Non-US: 35.9%64.1%United States35.9%Non-US
RegionRevenueShare of revenueChange on the year
United States12.86B64.1%+26.0%
Non-US7.21B35.9%+10.3%

How Boston Scientific makes its money

Cardiovascular13.27B 66.1%
MedSurg6.83B 34.0%
Revenue20.07B 100.0%
Cost of revenue6.22B 31.0%
Gross profit13.85B 69.0%
Research and development2.05B 10.2%
Selling and administration6.89B 34.3%
Other operating expenses943.00M 4.7%
Operating income3.97B 19.8%
Tax493.00M 2.5%
Other expense592.00M 2.9%
Net income2.89B 14.4%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Boston Scientific financial health

Cash and short-term investments
609.00M USD
Total debt
11.95B USD
Net cash
-11.34B USD
Free cash flow (TTM)
3.33B USD
Current ratio
1.36
Debt to equity
0.47
Piotroski score
6 / 9
Altman Z-score
3.08

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20252.05B11.85B3.66B
FY2024414.00M11.15B2.65B
FY2023865.00M9.49B1.79B
FY2022928.00M9.28B938.00M
FY20211.93B9.45B1.32B

Boston Scientific ownership

Institutions
90.62%
Institutional holders
1,580 (-191)
Free float
99.35%

Who owns the shares

Institutions 90.6% Others 9.4%
As of 30 Jun 2026

Shares free to trade

Free float 1.44B shares ·99.3% Closely held 9.45M shares ·0.7%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 202600256.11K5.74K
Q3 202660298.98K4.84K
Q2 20264054.44K392.54K
Q1 2026021.03M603.90K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20251.48B1.49B+0.58%
FY20241.47B1.49B+1.53%
FY20231.45B1.46B+1.65%
FY20221.43B1.44B+0.41%
FY20211.42B1.43B+1.21%

Source: Financial Modeling Prep

Related Instruments News

Title: Boston Scientific Corp

Sector: Healthcare
Industry: Medical - Devices
Boston Scientific focuses on less invasive medical devices that are inserted into the human body through small openings or cuts. It manufactures products for use in angioplasty, blood clot filtration, kidney stone management, cardiac rhythm management, catheter-directed ultrasound imaging, upper gastrointestinal tract diagnostics, interventional oncology, neuromodulation for chronic pain, and treatment of incontinence. The firm markets its devices to healthcare professionals and institutions globally. Foreign sales account for roughly 36% of the firm's total sales.

Common questions about Boston Scientific stock