Boston Scientific (BSX) Stock Analysis

November 11, 2026

This is a peer-relative look at Boston Scientific (BSX): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Boston Scientific (BSX)
Profile Item	BSX
Name	Boston Scientific Corp.
Country/Region	United States
GICS Sector	Health Care
GICS Industry Group	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment
Market Capitalization	61.96 billion USD
Currency	USD
Exchange	NYSE
Listing Date	May 19, 1992
Security Type	Common Stock

Price Performance

Cumulative Growth

BSX

GSPC

Boston Scientific (BSX) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Boston Scientific (BSX) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Boston Scientific (BSX) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
Total Return (1Y)	-55.98%	21.53%
Total Return (3Y, Annualized)	-5.05%	9.81%
Total Return (5Y, Annualized)	0.57%	-2.76%

Risk Profile

Drawdown History

BSX

GSPC

Boston Scientific (BSX) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Boston Scientific (BSX) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
Volatility (1Y, Annualized)	40.16%	50.93%
Beta (5Y)	0.57	0.85
Max Drawdown (5Y)	-61.55%	-70.34%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. BSX is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
Sharpe Ratio (1Y)	-1.50	0.34
Sortino Ratio (1Y)	-1.80	0.54

Profitability

ROE (TTM)

Boston Scientific (BSX) posts ROE of 14.12%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

BSX

Health Care Equipment & Services industry group

14.12%

Group distribution

Max: 47.61%
Q3: 14.36%
BSX: 14.12%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Largest peers

ISRG: 17.93%
SYK: 16.02%
UNH: 15.77%
BSX: 14.12%
MDT: 10.65%
ABT: 9.14%
MCK: --

Where Boston Scientific (BSX) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Boston Scientific (BSX) keeps 16.62% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

BSX

Health Care Equipment & Services industry group

16.62%

Group distribution

Max: 29.35%
BSX: 16.62%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Largest peers

ISRG: 25.54%
BSX: 16.62%
MDT: 13.93%
SYK: 13.78%
ABT: 9.75%
UNH: 3.53%
MCK: 1.12%

Where Boston Scientific (BSX) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Boston Scientific (BSX) turns 19.05% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

BSX

Health Care Equipment & Services industry group

19.05%

Group distribution

Max: 35.43%
BSX: 19.05%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Largest peers

ISRG: 33.29%
SYK: 22.96%
MDT: 19.33%
BSX: 19.05%
ABT: 11.66%
UNH: 5.82%
MCK: 1.48%

Where Boston Scientific (BSX) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
ROE (TTM)	14.12%	5.45%
ROA (TTM)	5.87%	3.17%
Net Margin (TTM)	16.62%	2.18%
Operating Margin (TTM)	19.05%	6.81%
Gross Margin (TTM)	67.98%	55.21%

Growth

Revenue Growth

Boston Scientific (BSX) grew revenue 19.87%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Boston Scientific (BSX): Revenue Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

EPS Growth

Boston Scientific (BSX) grew earnings per share 55.20%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

Boston Scientific (BSX): EPS Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

Growth Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
Revenue Growth (YoY)	19.87%	11.55%
Revenue Growth (3Y CAGR)	16.54%	10.83%
EPS Growth (YoY)	55.20%	4.88%
EPS Growth (3Y CAGR)	62.75%	14.59%

Financial Strength

Current Ratio (MRQ)

Boston Scientific (BSX) has current ratio of 1.37, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

BSX

Health Care Equipment & Services industry group

1.37

Group distribution

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
BSX: 1.37
Min: 0.30

Largest peers

ISRG: 3.33
SYK: 2.18
MDT: 2.07
ABT: 1.46
BSX: 1.37
MCK: 0.90
UNH: 0.74

Where Boston Scientific (BSX) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Boston Scientific (BSX) has debt-to-equity ratio of 0.46, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

BSX

Health Care Equipment & Services industry group

0.46

Group distribution

Max: 1.88
Q3: 0.91
Median: 0.58
BSX: 0.46
Q1: 0.16
Min: 0.00

Largest peers

UNH: 0.70
SYK: 0.66
ABT: 0.61
MDT: 0.55
BSX: 0.46
ISRG: --
MCK: --

Where Boston Scientific (BSX) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
Current Ratio (MRQ)	1.37	1.98
Debt / Equity (MRQ)	0.46	0.58
Net Debt / EBITDA	2.04	2.04

Dividends

Dividend Yield (TTM)

Boston Scientific (BSX) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

BSX

Health Care Equipment & Services industry group

0.00%

Group distribution

BSX: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

MDT: 2.72%
UNH: 2.29%
ABT: 2.22%
SYK: 1.05%
MCK: 0.32%
BSX: 0.00%
ISRG: 0.00%

Where Boston Scientific (BSX) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Boston Scientific (BSX) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

BSX

Health Care Equipment & Services industry group

0.00%

Group distribution

BSX: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

ABT: 92.54%
MDT: 70.02%
UNH: 51.71%
SYK: 37.49%
MCK: 8.77%
BSX: 0.00%
ISRG: 0.00%

Where Boston Scientific (BSX) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Boston Scientific (BSX) trades at P/E ratio of 18.04, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

BSX

Health Care Equipment & Services industry group

18.04

Group distribution

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
BSX: 18.04
Min: 4.21

Largest peers

ISRG: 54.75
ABT: 41.02
SYK: 34.70
MCK: 27.36
MDT: 25.01
UNH: 22.50
BSX: 18.04

Where Boston Scientific (BSX) stands on P/E ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Boston Scientific (BSX) trades at 2.94 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

BSX

Health Care Equipment & Services industry group

2.94

Group distribution

Max: 8.80
Q3: 4.32
BSX: 2.94
Median: 2.13
Q1: 1.10
Min: 0.03

Largest peers

ISRG: 13.82
SYK: 4.72
ABT: 3.95
MDT: 3.47
BSX: 2.94
UNH: 0.78
MCK: 0.29

Where Boston Scientific (BSX) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Boston Scientific (BSX) trades at 2.42 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

BSX

Health Care Equipment & Services industry group

2.42

Group distribution

Max: 11.68
Q3: 6.12
Median: 3.00
BSX: 2.42
Q1: 1.73
Min: -1.31

Largest peers

ISRG: 9.82
SYK: 5.29
ABT: 3.73
UNH: 3.60
MDT: 2.59
BSX: 2.42
MCK: -30.85

Where Boston Scientific (BSX) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Boston Scientific (BSX) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: BSX	Industry group median
P/E Ratio (TTM)	18.04	29.93
P/S Ratio (TTM)	2.94	2.13
P/B Ratio (MRQ)	2.42	3.00
Free Cash Flow Yield (TTM)	4.02%	3.50%