Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 21.46% is 28% above its 5-year average of 16.70%, near the high end of its 5-year range (12.91%–22.81%).
5.22% above its 12-month average of 20.40%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 21.65%.
OPERATING MARGIN
21.46%
OPERATING MARGIN AVG TTM
20.40%
OPERATING MARGIN AVG 3Y
17.77%
OPERATING MARGIN AVG 5Y
16.70%
OPERATING MARGIN AVG 10Y
16.18%
OPERATING MARGIN AVG 15Y
13.97%
OPERATING MARGIN AVG 20Y
13.00%
CURRENT VS TTM AVG
+5.22%
CURRENT VS 3Y AVG
+20.74%
CURRENT VS 5Y AVG
+28.49%
CURRENT VS 10Y AVG
+32.62%
CURRENT VS 15Y AVG
+53.62%
CURRENT VS 20Y AVG
+65.02%
SECTOR MEDIAN · HEALTHCARE
14.90%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+44.03%
vs the sector median at left
Boston Scientific Corporation
Market Cap
$65.84B
Operating Margin
21.46%
TTM Avg
20.40%
3Y Avg
17.77%
5Y Avg
16.70%
Market Cap
$57.33B
Operating Margin
-158.13%
TTM Avg
-140.72%
3Y Avg
-73.36%
5Y Avg
-52.24%
Market Cap
$54.24B
Operating Margin
1.03%
TTM Avg
1.02%
3Y Avg
0.74%
5Y Avg
0.49%
Market Cap
$80.54B
Operating Margin
25.56%
TTM Avg
26.52%
3Y Avg
32.61%
5Y Avg
38.03%
Market Cap
$51.13B
Operating Margin
9.83%
TTM Avg
11.84%
3Y Avg
11.67%
5Y Avg
10.68%
Market Cap
$49.32B
Operating Margin
28.09%
TTM Avg
26.16%
3Y Avg
28.11%
5Y Avg
28.79%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Boston Scientific Corporation (BSX) | $65.84B | 21.46% | 20.40% | 17.77% | 16.70% |
| Cencora, Inc. (COR)vs › | $62.74B | 1.30% | 1.08% | 1.06% | 1.09% |
| Moderna, Inc. (MRNA)vs › | $57.33B | -158.13% | -140.72% | -73.36% | -52.24% |
| Cigna Corporation (CI)vs › | $76.63B | 3.46% | 3.56% | 4.04% | 4.30% |
| Cardinal Health, Inc. (CAH)vs › | $54.24B | 1.03% | 1.02% | 0.74% | 0.49% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $80.54B | 25.56% | 26.52% | 32.61% | 38.03% |
| Becton, Dickinson and Company (BDX)vs › | $51.13B | 9.83% | 11.84% | 11.67% | 10.68% |
| Edwards Lifesciences Corporation (EW)vs › | $49.32B | 28.09% | 26.16% | 28.11% | 28.79% |
| Humana Inc. (HUM)vs › | $47.51B | 1.39% | 1.25% | 2.37% | 3.27% |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $45.67B | 11.45% | 5.33% | -0.33% | -1.99% |
Gross Margin
71.2%
Operating Margin
21.5%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 21.65% |
| 2026-03-31 | 20.60% |
| 2025-12-31 | 22.81% |
| 2025-09-30 | 20.73% |
| 2025-06-30 | 16.18% |
| 2025-03-31 | 19.22% |
| 2024-12-31 | 12.91% |
| 2024-09-30 | 16.01% |
| 2024-06-30 | 18.13% |
| 2024-03-31 | 16.70% |
| 2023-12-31 | 14.98% |
| 2023-09-30 | 15.82% |
| 2023-06-30 | 15.31% |
| 2023-03-31 | 15.20% |
| 2022-12-31 | 13.85% |
| 2022-09-30 | 14.51% |
| 2022-06-30 | 14.70% |
| 2022-03-31 | 15.10% |
| 2021-12-31 | 14.61% |
| 2021-09-30 | 15.08% |
| 2021-06-30 | 16.61% |
| 2021-03-31 | 13.08% |
| 2020-12-31 | 6.43% |
| 2020-09-30 | 9.85% |
| 2020-06-30 | -3.05% |
| 2020-03-31 | 8.77% |
| 2019-12-31 | 14.08% |
| 2019-09-30 | 14.67% |
| 2019-06-30 | 16.38% |
| 2019-03-31 | 17.21% |
| 2018-12-31 | 16.56% |
| 2018-09-30 | 17.18% |
| 2018-06-30 | 17.95% |
| 2018-03-31 | 19.21% |
| 2017-12-31 | 18.44% |
| 2017-09-30 | 16.92% |
| 2017-06-30 | 17.50% |
| 2017-03-31 | 14.26% |
| 2016-12-31 | 14.51% |
| 2016-09-30 | 15.96% |
| 2016-06-30 | -15.71% |
| 2016-03-31 | 14.92% |
| 2015-12-31 | -13.70% |
| 2015-09-30 | -15.84% |
| 2015-06-30 | 11.88% |
| 2015-03-31 | 1.36% |
| 2014-12-31 | 5.67% |
| 2014-09-30 | 3.47% |
| 2014-06-30 | -3.68% |
| 2014-03-31 | 11.10% |
| 2013-12-31 | 6.91% |
| 2013-09-30 | 5.94% |
| 2013-06-30 | 12.16% |
| 2013-03-31 | -18.74% |
| 2012-12-31 | 6.32% |
| 2012-09-30 | -37.75% |
| 2012-06-30 | -186.65% |
| 2012-03-31 | 10.50% |
| 2011-12-31 | 9.20% |
| 2011-09-30 | 9.28% |
| 2011-06-30 | 12.00% |
| 2011-03-31 | 15.38% |
| 2010-12-31 | 17.38% |
| 2010-09-30 | 13.10% |
| 2010-06-30 | 11.98% |
| 2010-03-31 | -75.82% |
| 2009-12-31 | -59.21% |
| 2009-09-30 | 17.04% |
| 2009-06-30 | 13.26% |
| 2009-03-31 | 0.55% |
| 2008-12-31 | -120.73% |
| 2008-09-30 | 1.42% |
| 2008-06-30 | 14.97% |
| 2008-03-31 | 28.35% |
| 2007-12-31 | -19.97% |
| 2007-09-30 | -7.18% |
| 2007-06-30 | 13.52% |
| 2007-03-31 | 13.52% |
| 2006-12-31 | 13.75% |
| 2006-09-30 | 9.62% |
| 2006-06-30 | -186.02% |
| 2006-03-31 | 30.68% |
| 2005-12-31 | 30.19% |
| 2005-09-30 | -22.24% |
| 2005-06-30 | 20.16% |
| 2005-03-31 | 31.76% |
| 2004-12-31 | 31.50% |
| 2004-09-30 | 24.16% |
| 2004-06-30 | 30.68% |
| 2004-03-31 | 24.40% |
| 2003-12-31 | 20.87% |
| 2003-09-30 | 19.75% |
| 2003-06-30 | 20.26% |
| 2003-03-31 | 19.21% |
| 2002-12-31 | 19.29% |
| 2002-09-30 | 34.07% |