Boston Scientific Corp (BSX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,850,000 | 1,789,000 | 1,825,000 | 1,771,000 | 1,593,000 | 1,228,000 | 898,000 | 874,000 | 656,000 | 598,000 | 829,000 | 755,000 | 986,000 | 1,056,000 | 496,000 | 177,000 | -139,000 | 3,705,000 | 3,986,000 | 4,287,000 |
| Revenue (ttm) | US$ in thousands | 16,746,000 | 15,910,000 | 15,228,000 | 14,707,000 | 14,240,000 | 13,757,000 | 13,400,000 | 13,045,000 | 12,682,000 | 12,567,000 | 12,329,000 | 12,162,000 | 11,888,000 | 11,469,000 | 11,196,000 | 10,122,000 | 9,913,000 | 10,110,000 | 10,158,000 | 10,786,000 |
| Net profit margin | 11.05% | 11.24% | 11.98% | 12.04% | 11.19% | 8.93% | 6.70% | 6.70% | 5.17% | 4.76% | 6.72% | 6.21% | 8.29% | 9.21% | 4.43% | 1.75% | -1.40% | 36.65% | 39.24% | 39.75% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,850,000K ÷ $16,746,000K
= 11.05%
The net profit margin of Boston Scientific Corp has fluctuated over the specified timeframe. Starting at a high of 39.75% in March 2020, the margin experienced a significant decline to -1.40% by December 2020, indicating a period of unprofitability for the company. However, Boston Scientific Corp was able to improve its performance steadily thereafter, with the net profit margin increasing consistently to reach 11.05% by December 2024. This recovery suggests that the company implemented effective strategies to enhance profitability and efficiency in its operations over the analyzed period. Overall, the positive trend in the net profit margin demonstrates Boston Scientific Corp's ability to generate profits relative to its total revenue, reflecting a strengthening financial performance.
Peer comparison
Dec 31, 2024