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Boston Scientific Corporation (BSX) Return on Invested Capital (ROIC): 8.78%

Is Boston Scientific Corporation’s return on invested capital (ROIC) high or low?

Boston Scientific Corporation's return on invested capital (ROIC) of 8.78% is 58% above its 5-year average of 5.55%, near the high end of its 5-year range (2.22%–8.78%).

As of Wednesday, June 17, 2026. 17.77% above its 12-month average of 7.46%.

BSX Return on Invested Capital (ROIC) Chart

BSX Return on Invested Capital (ROIC)
8.78%+43.23% 1Y
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BSX Average Return on Invested Capital (ROIC) Chart

BSX Current vs Average Return on Invested Capital (ROIC) Chart

BSX Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

8.78%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

7.46%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

6.12%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

5.55%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

5.52%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

5.21%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

5.07%

CURRENT VS TTM AVG

+17.77%

CURRENT VS 3Y AVG

+43.41%

CURRENT VS 5Y AVG

+58.25%

CURRENT VS 10Y AVG

+59.08%

CURRENT VS 15Y AVG

+68.66%

CURRENT VS 20Y AVG

+73.35%

BSX Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Boston Scientific Corporation (BSX)$69.74B8.78%7.46%6.12%5.55%
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.78B8.51%9.70%12.91%18.22%
Cigna Corporation (CI)vs ›$77.02B7.35%7.02%7.07%6.50%
Cencora, Inc. (COR)vs ›$54.76B13.23%15.09%14.58%13.58%
Cardinal Health, Inc. (CAH)vs ›$53.55B11.37%10.09%4.86%-0.22%
Elevance Health Inc. (ELV)vs ›$86.74B6.65%6.70%7.11%7.33%
Becton, Dickinson and Company (BDX)vs ›$52.72B4.73%4.38%4.32%3.88%
HCA Healthcare, Inc. (HCA)vs ›$88.05B18.53%17.61%17.07%16.89%
Humana Inc. (HUM)vs ›$45.03B3.12%3.25%5.37%7.01%
IDEXX Laboratories, Inc. (IDXX)vs ›$44.83B40.27%37.07%34.89%35.94%

Capital Efficiency

ROIC

8.8%

ROE

13.7%

Boston Scientific Corporation Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Boston Scientific Corporation Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The return on invested capital (ROIC) for BSX stock is 8.78%.
Is Boston Scientific Corporation's return on invested capital (ROIC) high or low?
Boston Scientific Corporation's return on invested capital (ROIC) of 8.78% is 58% above its 5-year average of 5.55%, near the high end of its 5-year range (2.22%–8.78%).
What is the TTM average return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The TTM average return on invested capital (ROIC) for BSX stock is 7.46%.
What is the 3Y average return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The 3Y average return on invested capital (ROIC) for BSX stock is 6.12%.
What is the 5Y average return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The 5Y average return on invested capital (ROIC) for BSX stock is 5.55%.
What is the 10Y average return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The 10Y average return on invested capital (ROIC) for BSX stock is 5.52%.
What is the 15Y average return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The 15Y average return on invested capital (ROIC) for BSX stock is 5.21%.
What is the 20Y average return on invested capital (ROIC) for Boston Scientific Corporation (BSX)?
The 20Y average return on invested capital (ROIC) for BSX stock is 5.07%.

Boston Scientific Corporation Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-318.78%
2024-12-316.13%
2023-12-315.69%
2022-12-313.89%
2021-12-316.58%
2020-12-312.22%
2019-12-316.31%
2018-12-319.65%
2017-12-311.13%
2016-12-318.48%
2015-12-311.85%
2014-12-313.69%
2013-12-313.17%
2012-12-316.40%
2011-12-313.96%
2010-12-315.36%
2009-12-314.61%
2008-12-315.42%
2007-12-313.64%
2006-12-314.34%
2005-12-3120.76%
2004-12-3118.53%
2003-12-3110.53%
2002-12-3111.46%
2001-12-31-3.64%
2000-12-3116.66%
1999-12-3115.35%
1998-12-31-6.47%
1997-12-3116.00%
1996-12-3114.92%

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