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Boston Scientific Corporation (BSX) Gross Margin: 70.41%

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

Boston Scientific Corporation's gross margin of 70.41% is 14% above its 5-year average of 62.03%, near the high end of its 5-year range (56.25%–70.41%).

As of Wednesday, June 17, 2026. 8.06% above its 12-month average of 65.16%.

BSX Gross Margin Chart

BSX Gross Margin
69.01%+12.56% 1Y
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BSX Average Gross Margin Chart

BSX Current vs Average Gross Margin Chart

BSX Gross Margin Metrics

GROSS MARGIN

70.41%

GROSS MARGIN AVG TTM

65.16%

GROSS MARGIN AVG 3Y

63.29%

GROSS MARGIN AVG 5Y

62.03%

GROSS MARGIN AVG 10Y

62.89%

GROSS MARGIN AVG 15Y

62.71%

GROSS MARGIN AVG 20Y

63.31%

CURRENT VS TTM AVG

+8.06%

CURRENT VS 3Y AVG

+11.25%

CURRENT VS 5Y AVG

+13.51%

CURRENT VS 10Y AVG

+11.95%

CURRENT VS 15Y AVG

+12.28%

CURRENT VS 20Y AVG

+11.21%

BSX Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Boston Scientific Corporation (BSX)$69.74B70.41%65.16%63.29%62.03%
Regeneron Pharmaceuticals, Inc. (REGN)vs ›$62.78B84.55%85.74%85.09%84.57%
Cigna Corporation (CI)vs ›$77.02B9.30%9.98%11.47%12.36%
Cencora, Inc. (COR)vs ›$54.76B3.47%3.06%3.07%2.95%
Cardinal Health, Inc. (CAH)vs ›$53.55B3.68%3.47%3.47%3.76%
Elevance Health Inc. (ELV)vs ›$86.74B23.16%26.70%26.59%26.68%
Becton, Dickinson and Company (BDX)vs ›$52.72B46.48%45.33%44.44%44.19%
HCA Healthcare, Inc. (HCA)vs ›$88.05B34.92%41.06%39.99%47.00%
Humana Inc. (HUM)vs ›$45.03B14.01%14.54%16.14%17.03%
IDEXX Laboratories, Inc. (IDXX)vs ›$44.83B62.05%61.42%60.55%59.83%

Gross Margin Analysis

Gross Margin

70.4%

(Revenue - COGS) / Revenue

Boston Scientific Corporation Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Boston Scientific Corporation Gross Margin FAQ

What is the gross margin for Boston Scientific Corporation (BSX)?
The gross margin for BSX stock is 70.41%.
Is Boston Scientific Corporation's gross margin high or low?
Boston Scientific Corporation's gross margin of 70.41% is 14% above its 5-year average of 62.03%, near the high end of its 5-year range (56.25%–70.41%).
What is the TTM average gross margin for Boston Scientific Corporation (BSX)?
The TTM average gross margin for BSX stock is 65.16%.
What is the 3Y average gross margin for Boston Scientific Corporation (BSX)?
The 3Y average gross margin for BSX stock is 63.29%.
What is the 5Y average gross margin for Boston Scientific Corporation (BSX)?
The 5Y average gross margin for BSX stock is 62.03%.
What is the 10Y average gross margin for Boston Scientific Corporation (BSX)?
The 10Y average gross margin for BSX stock is 62.89%.
What is the 15Y average gross margin for Boston Scientific Corporation (BSX)?
The 15Y average gross margin for BSX stock is 62.71%.
What is the 20Y average gross margin for Boston Scientific Corporation (BSX)?
The 20Y average gross margin for BSX stock is 63.31%.

Boston Scientific Corporation Gross Margin History

DATEGROSS MARGIN
2025-12-3169.01%
2024-12-3161.31%
2023-12-3162.02%
2022-12-3160.83%
2021-12-3162.76%
2020-12-3156.25%
2019-12-3164.08%
2018-12-3165.94%
2017-12-3164.89%
2016-12-3163.71%
2015-12-3161.04%
2014-12-3162.17%
2013-12-3163.49%
2012-12-3162.91%
2011-12-3161.43%
2010-12-3161.32%
2009-12-3163.21%
2008-12-3163.23%
2007-12-3164.60%
2006-12-3165.00%
2005-12-3175.52%
2004-12-3176.05%
2003-12-3172.35%
2002-12-3170.20%
2001-12-3165.62%
2000-12-3172.15%
1999-12-3168.33%
1998-12-3170.50%
1997-12-3175.23%
1996-12-3176.77%

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