Boston Scientific
BSX
#135
Rank
$114.21 B
Marketcap
$77.69
Share price
1.04%
Change (1 day)
48.09%
Change (1 year)
Categories

Boston Scientific Corporation is an American medical device manufacturer. The company offers solutions for the following medical specialties: electrophysiology, gastroenterology, vascular surgery, gynecology, interventional cardiology, interventional radiology, female pelvic medicine, neurological surgery, orthopedic surgery, pulmology, pain medicine, structural heart, urology.

Operating Margin for Boston Scientific (BSX)

Operating Margin as of July 2024 (TTM): 11.27%

According to Boston Scientific's latest financial reports and stock price the company's current Operating Margin is 11.27%. At the end of 2022 the company had an Operating Margin of 9.00%.

Operating Margin history for Boston Scientific from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20229.00%-0.6%
20219.05%-750.17%
2020-1.39%-121.75%
20196.40%-55.79%
201814.48%40.39%
201710.31%388.55%
20162.11%-124.28%
2015-8.69%-805.02%
20141.23%-139.5%
2013-3.12%-94.49%
2012-56.66%-772.64%
20118.42%-161.85%
2010-13.62%-14.75%
2009-15.97%-37.64%
2008-25.61%276.21%
2007-6.81%-84.94%
2006-45.20%-418.73%
200514.18%-46.62%
200426.56%43.61%
200318.50%-1.65%
200218.81%1042.57%
20011.65%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
31.50% 179.50%๐Ÿ‡บ๐Ÿ‡ธ USA
16.21% 43.83%๐Ÿ‡บ๐Ÿ‡ธ USA
7.17%-36.38%๐Ÿ‡บ๐Ÿ‡ธ USA
17.17% 52.35%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
15.97% 41.70%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.74%-204.17%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.77%-160.07%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.