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 April 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 |
|---|---|---|
| 2022 | 9.00% | -0.6% |
| 2021 | 9.05% | -750.17% |
| 2020 | -1.39% | -121.75% |
| 2019 | 6.40% | -55.79% |
| 2018 | 14.48% | 40.39% |
| 2017 | 10.31% | 388.55% |
| 2016 | 2.11% | -124.28% |
| 2015 | -8.69% | -805.02% |
| 2014 | 1.23% | -139.5% |
| 2013 | -3.12% | -94.49% |
| 2012 | -56.66% | -772.64% |
| 2011 | 8.42% | -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% |
| 2005 | 14.18% | -46.62% |
| 2004 | 26.56% | 43.61% |
| 2003 | 18.50% | -1.65% |
| 2002 | 18.81% | 1042.57% |
| 2001 | 1.65% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Medtronic MDT | 17.17% | 52.35% | 🇮🇪 Ireland |
 Edwards Lifesciences EW | 31.50% | 179.50% | 🇺🇸 USA |
 Stryker Corporation SYK | 16.21% | 43.83% | 🇺🇸 USA |
 Teleflex TFX | 15.97% | 41.70% | 🇺🇸 USA |
 Merit Medical MMSI | 7.17% | -36.38% | 🇺🇸 USA |
 AngioDynamics ANGO | -11.74% | -204.17% | 🇺🇸 USA |
 CONMED CNMD | -6.77% | -160.07% | 🇺🇸 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.