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BSX vs. ELV: Boston Scientific vs. Elevance Health Stock Comparison

How do Boston Scientific (BSX) and Elevance Health (ELV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Boston Scientific (BSX) and Elevance Health (ELV) both fall under the Health Care Equipment & Services industry group, but BSX is classified in Health Care Equipment & Supplies while ELV is classified in Health Care Providers & Services.

Company profile comparison for Boston Scientific (BSX) and Elevance Health (ELV)
Profile ItemBSXELV
NameBoston Scientific Corp.Elevance Health, Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Providers & Services
GICS Sub-IndustryHealth Care EquipmentManaged Health Care
Market Capitalization61.96 billion USD91.96 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMay 19, 1992October 30, 2001
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

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

Trailing Returns

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Trailing total returns for Boston Scientific (BSX) and Elevance Health (ELV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Boston Scientific (BSX) and Elevance Health (ELV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
Total Return (1Y)-55.98%35.51%
Total Return (3Y, Annualized)-5.05%-0.68%
Total Return (5Y, Annualized)0.57%1.10%

Risk Profile

Drawdown History

BSX
ELV
GSPC
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Boston Scientific (BSX) vs. Elevance Health (ELV), with S&P 500 (GSPC) for reference: 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

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Distribution of monthly total returns for Boston Scientific (BSX) and Elevance Health (ELV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
Volatility (1Y, Annualized)40.16%35.05%
Beta (5Y)0.570.61
Max Drawdown (5Y)-61.55%-50.38%
Avg. Volume (3M)19.73M1.19M

Risk-Adjusted Performance

Risk-Return Positioning

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BSX and ELV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
Sharpe Ratio (1Y)-1.500.89
Sortino Ratio (1Y)-1.801.25

Profitability

ROE (TTM)

Both Boston Scientific (BSX) at 14.12% and Elevance Health (ELV) at 11.48% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BSX

Health Care Equipment & Services industry group

14.12%

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

ELV

Health Care Equipment & Services industry group

11.48%

Max
47.61%
Q3
14.36%
ELV
11.48%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Boston Scientific (BSX) at 16.62% retains a top-quartile share of revenue as profit, ahead of Elevance Health (ELV) at 2.55%, which keeps about the industry-typical share.

BSX

Health Care Equipment & Services industry group

16.62%

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

ELV

Health Care Equipment & Services industry group

2.55%

Max
29.35%
Q3
9.33%
ELV
2.55%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Boston Scientific (BSX) at 19.05% operates in the top operating margin quartile, ahead of Elevance Health (ELV) at 4.22%, which runs around its industry’s norm.

BSX

Health Care Equipment & Services industry group

19.05%

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

ELV

Health Care Equipment & Services industry group

4.22%

Max
35.43%
Q3
14.14%
Median
6.81%
ELV
4.22%
Q1
-0.28%
Min
-16.29%
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
ROE (TTM)14.12%11.48%
ROA (TTM)5.87%4.01%
Net Margin (TTM)16.62%2.55%
Operating Margin (TTM)19.05%4.22%
Gross Margin (TTM)67.98%26.43%

Growth

Revenue Growth

Both Boston Scientific (BSX) at 19.87% and Elevance Health (ELV) at 12.62% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Boston Scientific (BSX) at 55.20% sits in the top EPS growth quartile, while Elevance Health (ELV) at -1.83% is closer to the peer norm — faster per-share earnings growth for BSX.

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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
Revenue Growth (YoY)19.87%12.62%
Revenue Growth (3Y CAGR)16.54%8.34%
EPS Growth (YoY)55.20%-1.83%
EPS Growth (3Y CAGR)62.75%0.53%

Financial Strength

Current Ratio (MRQ)

Elevance Health (ELV) at 1.47 keeps current ratio within its industry’s typical mid-range, while Boston Scientific (BSX) at 1.37 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BSX.

BSX

Health Care Equipment & Services industry group

1.37

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

ELV

Health Care Equipment & Services industry group

1.47

Max
7.59
Q3
4.00
Median
1.98
ELV
1.47
Q1
1.37
Min
0.30
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Boston Scientific (BSX) at 0.46 and Elevance Health (ELV) at 0.69 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

BSX

Health Care Equipment & Services industry group

0.46

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

ELV

Health Care Equipment & Services industry group

0.69

Max
1.88
Q3
0.91
ELV
0.69
Median
0.58
Q1
0.16
Min
0.00
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
Current Ratio (MRQ)1.371.47
Debt / Equity (MRQ)0.460.69
Net Debt / EBITDA2.04-0.81

Dividends

Dividend Yield (TTM)

Boston Scientific (BSX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Elevance Health (ELV) reports a yield of 1.59%, ranking against industry peers normally.

BSX

Health Care Equipment & Services industry group

0.00%

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

ELV

Health Care Equipment & Services industry group

1.59%

ELV
1.59%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Boston Scientific (BSX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Elevance Health (ELV) reports a payout of 29.17%, ranking against industry peers normally.

BSX

Health Care Equipment & Services industry group

0.00%

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

ELV

Health Care Equipment & Services industry group

29.17%

ELV
29.17%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
Dividend Yield (TTM)0.00%1.59%
Dividend Payout Ratio (TTM)0.00%29.17%

Valuation

P/E Ratio (TTM)

Both Boston Scientific (BSX) at 18.04 and Elevance Health (ELV) at 18.07 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

BSX

Health Care Equipment & Services industry group

18.04

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

ELV

Health Care Equipment & Services industry group

18.07

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
ELV
18.07
Min
4.21
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Elevance Health (ELV) at 0.46 sits in the cheaper P/S ratio quartile while Boston Scientific (BSX) at 2.94 prices around its industry’s middle — ELV costs less per dollar of sales, though read it alongside growth and margins.

BSX

Health Care Equipment & Services industry group

2.94

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

ELV

Health Care Equipment & Services industry group

0.46

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
ELV
0.46
Min
0.03
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Boston Scientific (BSX) at 2.42 and Elevance Health (ELV) at 2.06 are valued close to their industries’ norm against book — neither stands out from peers.

BSX

Health Care Equipment & Services industry group

2.42

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

ELV

Health Care Equipment & Services industry group

2.06

Max
11.68
Q3
6.12
Median
3.00
ELV
2.06
Q1
1.73
Min
-1.31
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Boston Scientific (BSX) vs. Elevance Health (ELV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Boston Scientific (BSX) and Elevance Health (ELV)
MetricBSXELV
P/E Ratio (TTM)18.0418.07
P/S Ratio (TTM)2.940.46
P/B Ratio (MRQ)2.422.06
Free Cash Flow Yield (TTM)4.02%8.69%