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Boston Scientific Corporation (BSX) Operating Margin: 20.12%

Is Boston Scientific Corporation’s operating margin high or low?

Boston Scientific Corporation's operating margin of 20.12% is 38% above its 5-year average of 14.57%, near the high end of its 5-year range (6.06%–20.12%).

As of Wednesday, June 17, 2026. 13.32% above its 12-month average of 17.76%.

BSX Operating Margin Chart

BSX Operating Margin
19.78%+25.75% 1Y
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BSX Average Operating Margin Chart

BSX Current vs Average Operating Margin Chart

BSX Operating Margin Metrics

OPERATING MARGIN

20.12%

OPERATING MARGIN AVG TTM

17.76%

OPERATING MARGIN AVG 3Y

16.30%

OPERATING MARGIN AVG 5Y

14.57%

OPERATING MARGIN AVG 10Y

14.84%

OPERATING MARGIN AVG 15Y

14.87%

OPERATING MARGIN AVG 20Y

14.73%

CURRENT VS TTM AVG

+13.32%

CURRENT VS 3Y AVG

+23.42%

CURRENT VS 5Y AVG

+38.06%

CURRENT VS 10Y AVG

+35.59%

CURRENT VS 15Y AVG

+35.34%

CURRENT VS 20Y AVG

+36.60%

BSX Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Boston Scientific Corporation (BSX)$69.74B20.12%17.76%16.30%14.57%
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.78B24.32%26.52%32.61%38.03%
Cigna Corporation (CI)vs ›$77.02B3.42%3.56%4.04%4.30%
Cencora, Inc. (COR)vs ›$54.76B1.28%1.08%1.06%1.09%
Cardinal Health, Inc. (CAH)vs ›$53.55B0.92%0.79%0.40%-0.13%
Elevance Health Inc. (ELV)vs ›$86.74B3.81%4.55%4.90%5.40%
Becton, Dickinson and Company (BDX)vs ›$52.72B10.61%11.84%11.67%10.68%
HCA Healthcare, Inc. (HCA)vs ›$88.05B15.67%15.38%15.15%15.20%
Humana Inc. (HUM)vs ›$45.03B1.01%1.25%2.37%3.27%
IDEXX Laboratories, Inc. (IDXX)vs ›$44.83B31.63%30.27%29.30%28.64%

Operating Efficiency

Gross Margin

70.4%

Operating Margin

20.1%

Boston Scientific Corporation Operating Margin Formula & Definition

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

Boston Scientific Corporation Operating Margin FAQ

What is the operating margin for Boston Scientific Corporation (BSX)?
The operating margin for BSX stock is 20.12%.
Is Boston Scientific Corporation's operating margin high or low?
Boston Scientific Corporation's operating margin of 20.12% is 38% above its 5-year average of 14.57%, near the high end of its 5-year range (6.06%–20.12%).
What is the TTM average operating margin for Boston Scientific Corporation (BSX)?
The TTM average operating margin for BSX stock is 17.76%.
What is the 3Y average operating margin for Boston Scientific Corporation (BSX)?
The 3Y average operating margin for BSX stock is 16.30%.
What is the 5Y average operating margin for Boston Scientific Corporation (BSX)?
The 5Y average operating margin for BSX stock is 14.57%.
What is the 10Y average operating margin for Boston Scientific Corporation (BSX)?
The 10Y average operating margin for BSX stock is 14.84%.
What is the 15Y average operating margin for Boston Scientific Corporation (BSX)?
The 15Y average operating margin for BSX stock is 14.87%.
What is the 20Y average operating margin for Boston Scientific Corporation (BSX)?
The 20Y average operating margin for BSX stock is 14.73%.

Boston Scientific Corporation Operating Margin History

DATEOPERATING MARGIN
2025-12-3119.78%
2024-12-3115.73%
2023-12-3115.32%
2022-12-3114.38%
2021-12-3116.17%
2020-12-316.06%
2019-12-3115.95%
2018-12-3117.68%
2017-12-3116.85%
2016-12-3114.74%
2015-12-3110.57%
2014-12-3111.45%
2013-12-3112.19%
2012-12-3113.71%
2011-12-3114.73%
2010-12-3113.75%
2009-12-3115.91%
2008-12-3116.09%
2007-12-3114.12%
2006-12-3115.79%
2005-12-3132.21%
2004-12-3131.49%
2003-12-3120.05%
2002-12-3120.90%
2001-12-313.74%
2000-12-3125.34%
1999-12-3125.51%
1998-12-31-9.96%
1997-12-3122.15%
1996-12-3123.38%

About Boston Scientific Corporation

Boston Scientific Corporation (BSX) operates as a global leader in medical technology, specializing in the design, manufacturing, and commercialization of innovative medical devices tailored for a diverse array of interventional medical specialties across the globe. Its business is strategically organized into three principal segments: MedSurg, Rhythm and Neuro, and Cardiovascular. Within these divisions, the company provides a comprehensive portfolio of solutions addressing various gastrointestinal and pulmonary ailments, as well as urological and pelvic health concerns. This extends to advanced implantable devices for managing cardiac rhythm disorders, such as cardioverter-defibrillators, cardiac resynchronization therapy devices, and pacemakers, complemented by remote patient management systems. Furthermore, Boston Scientific offers sophisticated technologies for diagnosing and treating complex heart rate and rhythm irregularities. These encompass 3-D cardiac mapping and navigation tools, along with a suite of specialized catheters (including ablation, diagnostic, mapping, and intracardiac ultrasound types), delivery sheaths, and related accessories. Its offerings also extend to neurological conditions, providing spinal cord stimulator systems for chronic pain management, indirect decompression systems, and deep brain stimulation systems. In the realm of interventional cardiology, the company's innovations include drug-eluting coronary stent systems designed for treating coronary artery disease, products for percutaneous coronary interventions to combat atherosclerosis, and intravascular imaging catheters (such as ultrasound and fractional flow reserve devices) for assessing coronary arteries, heart chambers, and peripheral vessels. It also develops structural heart therapies. Beyond this, Boston Scientific supplies an array of stents, balloon catheters, wires, and atherectomy systems for the treatment of arterial diseases. For venous conditions, it provides thrombectomy and acoustic pulse thrombolysis systems, alongside wires and stents. Critically, the company also contributes to cancer treatment through peripheral embolization devices, radioactive microspheres, various ablation systems (including cryotherapy), and micro and drainage catheters. The organization was established in 1979 and maintains its corporate headquarters in Marlborough, Massachusetts.

Marlborough, MA
53,000 employees
Healthcare / Medical - Devices
Sector
Healthcare
Industry
Medical - Devices
CEO
Michael F. Mahoney