BSX Boston Scientific margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 83

Gross margin

69.1%

Operating margin

18.6%

EBITDA margin

26%

Net margin

16.6%

For the latest period, Boston Scientific has a gross margin of 69.1%, an operating margin of 18.6%, an EBITDA margin of 26%, and a net margin of 16.6%. Each available margin advanced from the same period last year. Net margin recorded the strongest gain, gaining by 2.2 percentage points.

BSX margin history

Gross, operating, EBITDA and net margin trends

Boston Scientific's margins averaged 69.02% gross, 17.23% operating, 24.88% EBITDA, and 13.58% net during the last 3 years. Currently all four current margins are above their three-year averages.

BSX margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in net margin, which rose by 2.2 percentage points. The other available margins also improved.

Gross margin expansion

0.5pp

Operating margin expansion

0.7pp

EBITDA margin expansion

0.3pp

Net margin expansion

2.2pp

BSX Gross margin

Across the last 3 years, Boston Scientific recorded an average gross margin of 69.02%. The current gross margin stands at 69.1%, 0.1 percentage points above its three-year average. The highest gross margin for Boston Scientific was 69.9% in Jun 2026, while the lowest was 68.3% in Jun 2025.

BSX Operating margin

The average operating margin for Boston Scientific was 17.23% across the past 3 years. Right now, Boston Scientific's current operating margin is 18.6%, which is 1.4 percentage points above its three-year average. The operating margin for Boston Scientific moved between 15.6% in Dec 2024 and 19.8% in Jun 2026.

BSX EBITDA margin

Over the last 3 years, Boston Scientific's EBITDA margin averaged 24.88%. As of the latest period, Boston Scientific's current EBITDA margin is 26%, which is 1.1 percentage points above its three-year average. During this period, EBITDA margin reached a high of 26.9% in Jun 2026 and a low of 23.1% in Dec 2024.

BSX Net margin

The average net margin for Boston Scientific was 13.58% over the last 3 years. Currently, Boston Scientific's current net margin is 16.6%, which is 3 percentage points above its three-year average. The net margin for Boston Scientific moved between 11.1% in Dec 2024 and 17.5% in Jun 2026.

BSX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 69.1%, BSX stands higher than the Healthcare sector, the industry and its peers average. But when looking at the Healthcare sector average of 68.3%, Boston Scientific's gross margin is only 1.2% higher.

BSX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Boston Scientific's gross margin?

As of Sep 30, 2026, BSX has a gross margin of 69.1%.

What is Boston Scientific's operating margin?

The current operating margin for BSX is 18.6% as of Sep 30, 2026.

What is Boston Scientific's EBITDA margin?

The current EBITDA margin for BSX is 26% as of Sep 30, 2026.

What is Boston Scientific's net margin?

The current net margin for BSX is 16.6% as of Sep 30, 2026.

What are the average margins of BSX?

The three-year average margins for BSX were 69.0% gross, 17.2% operating, 24.9% EBITDA, and 13.6% net.

What are the highest historical margins of BSX?

Over this 5-year history, BSX peaked at 69.9% gross in Jun 2026, 19.8% operating in Jun 2026, 26.9% EBITDA in Jun 2026, and 17.5% net in Jun 2026.

What are the lowest historical margins of BSX?

Across the 5-year period, BSX posted its lowest margins at 68.3% gross in Jun 2025, 10.1% operating in Dec 2021, 19.8% EBITDA in Sep 2022, and 5.2% net in Sep 2022.