Boston Scientific Corporation logo
Boston Scientific Corporation (BSX)
Compare

Boston Scientific Corporation (BSX) Tax Rate: 14.56%

Is Boston Scientific Corporation’s tax rate high or low?

Boston Scientific Corporation's tax rate of 14.56% is in line with its 5-year average of 15.52%, around the middle of its 5-year range (-2.53%–38.83%).

13.51% below its 12-month average of 16.84%.

BSX Tax Rate Chart

BSX Tax Rate
14.56%-23.81% 1Y
Zoom

BSX Average Tax Rate Chart

BSX Current vs Average Tax Rate Chart

BSX Tax Rate Metrics

TAX RATE

14.56%

TAX RATE AVG TTM

16.84%

TAX RATE AVG 3Y

23.07%

TAX RATE AVG 5Y

15.52%

TAX RATE AVG 10Y

-41.14%

TAX RATE AVG 15Y

24.28%

TAX RATE AVG 20Y

17.43%

CURRENT VS TTM AVG

-13.51%

CURRENT VS 3Y AVG

-36.90%

CURRENT VS 5Y AVG

-6.19%

CURRENT VS 10Y AVG

+135.39%

CURRENT VS 15Y AVG

-40.04%

CURRENT VS 20Y AVG

-16.46%

Boston Scientific Corporation Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Boston Scientific Corporation Tax Rate FAQ

What is the tax rate for Boston Scientific Corporation (BSX)?
The tax rate for BSX stock is 14.56%.
Is Boston Scientific Corporation's tax rate high or low?
Boston Scientific Corporation's tax rate of 14.56% is in line with its 5-year average of 15.52%, around the middle of its 5-year range (-2.53%–38.83%).
What is the TTM average tax rate for Boston Scientific Corporation (BSX)?
The TTM average tax rate for BSX stock is 16.84%.
What is the 3Y average tax rate for Boston Scientific Corporation (BSX)?
The 3Y average tax rate for BSX stock is 23.07%.
What is the 5Y average tax rate for Boston Scientific Corporation (BSX)?
The 5Y average tax rate for BSX stock is 15.52%.
What is the 10Y average tax rate for Boston Scientific Corporation (BSX)?
The 10Y average tax rate for BSX stock is -41.14%.
What is the 15Y average tax rate for Boston Scientific Corporation (BSX)?
The 15Y average tax rate for BSX stock is 24.28%.
What is the 20Y average tax rate for Boston Scientific Corporation (BSX)?
The 20Y average tax rate for BSX stock is 17.43%.

Boston Scientific Corporation Tax Rate History

DATETAX RATE
2025-12-3114.56%
2024-12-3119.11%
2023-12-3119.80%
2022-12-3138.83%
2021-12-313.35%
2020-12-31-2.53%
2019-12-31-584.13%
2018-12-31-17.51%
2017-12-3188.75%
2016-12-31-96.05%
2015-12-3163.23%
2014-12-3134.58%
2013-12-3145.74%
2012-12-310.95%
2011-12-3131.31%
2010-12-31-0.19%
2009-12-3121.64%
2008-12-31-0.49%
2007-12-3113.01%
2006-12-31-1.19%
2005-12-3129.52%
2004-12-3128.92%
2003-12-3126.59%
2002-12-3132.06%
2001-12-31222.73%
2000-12-3129.22%
1999-12-3133.99%
1998-12-313.96%
1997-12-3138.00%
1996-12-3143.74%

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