BSX Boston Scientific margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 88
Gross margin
69.9%
Operating margin
19.8%
EBITDA margin
26.9%
Net margin
17.5%

For the latest period, Boston Scientific has a gross margin of 69.9%, an operating margin of 19.8%, an EBITDA margin of 26.9%, and a net margin of 17.5%. Each available margin advanced from the same period last year. Net margin recorded the strongest gain, gaining by 4 percentage points.

BSX margin history

Gross, operating, EBITDA and net margin trends

Boston Scientific's margins averaged 69.01% gross, 17.1% operating, 24.78% EBITDA, and 13.31% 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 4 percentage points. The other available margins also improved.

Gross margin expansion
1.6pp
Operating margin expansion
2.8pp
EBITDA margin expansion
1.7pp
Net margin expansion
4pp

BSX Gross margin

Across the last 3 years, Boston Scientific recorded an average gross margin of 69.01%. The current gross margin stands at 69.9%, 0.9 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 17.1% across the past 3 years. Right now, Boston Scientific's current operating margin is 19.8%, which is 2.7 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 24.78%. As of the latest period, Boston Scientific's current EBITDA margin is 26.9%, which is 2.1 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 13.31% over the last 3 years. Currently, Boston Scientific's current net margin is 17.5%, which is 4.2 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 69.9%, BSX stands higher than the Healthcare sector, the industry and its peers average. But when looking at the Healthcare sector average of 68.4%, Boston Scientific's gross margin is only 2.2% higher.

BSX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Boston Scientific's gross margin?

As of Jun 30, 2026, BSX has a gross margin of 69.9%.

What is Boston Scientific's operating margin?

The current operating margin for BSX is 19.8% as of Jun 30, 2026.

What is Boston Scientific's EBITDA margin?

The current EBITDA margin for BSX is 26.9% as of Jun 30, 2026.

What is Boston Scientific's net margin?

The current net margin for BSX is 17.5% as of Jun 30, 2026.

What are the average margins of BSX?

The three-year average margins for BSX were 69.0% gross, 17.1% operating, 24.8% EBITDA, and 13.3% 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.