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Boston Scientific Corporation

BSXHealthcareNASDAQ

Medical Devices · Last scanned May 30, 2026

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Financials · Annual
Revenue
$20.07B
+19.9% YoY
Net Income
$2.90B
+56.3% YoY
EBITDA
$5.10B
+32.3% YoY
Free Cash Flow
$2.81B

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About Boston Scientific Corporation

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The $71.81B market capitalization puts BSX squarely in large-cap range for its industry. The company operates in two segments, MedSurg and Cardiovascular.

Key stats
Market Cap$71.81B
P/E (TTM)20.21
Fwd P/E12.92
EPS$2.39
Beta0.62
52W Change-53.6%
ROE14.7%
Analysis

Boston Scientific Corporation carries $11.03B in total debt against $1.45B in cash reserves — debt is roughly 7.6x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $2.81B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 14.7%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.1% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $12.68B (2022) to $20.07B (2025), reflecting a 58% increase over the period.

The relatively low beta of 0.62 suggests BSX is a less volatile holding compared to the broader index. Boston Scientific Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Boston Scientific Corporation's trajectory.

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