Boston Financial Statements From 2010 to 2024

BSX Stock  USD 72.91  3.92  5.68%   
Boston Scientific financial statements provide useful quarterly and yearly information to potential Boston Scientific Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Boston Scientific financial statements helps investors assess Boston Scientific's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Boston Scientific's valuation are summarized below:
Gross Profit
8.7 B
Profit Margin
0.1118
Market Capitalization
101.4 B
Enterprise Value Revenue
7.6322
Revenue
14.2 B
We have found one hundred twenty available fundamental signals for Boston Scientific Corp, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Boston Scientific Corp prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 62.5 B in 2024. Enterprise Value is likely to rise to about 64.2 B in 2024

Boston Scientific Total Revenue

14.95 Billion

Check Boston Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boston main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 193.9 M or Selling General Administrative of 5.2 B, as well as many exotic indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 3.0E-4 or PTB Ratio of 5.87. Boston financial statements analysis is a perfect complement when working with Boston Scientific Valuation or Volatility modules.
  
This module can also supplement Boston Scientific's financial leverage analysis and stock options assessment as well as various Boston Scientific Technical models . Check out the analysis of Boston Scientific Correlation against competitors.

Boston Scientific Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets36.9 B35.1 B23.1 B
Slightly volatile
Short and Long Term Debt Total10 B9.5 B6.6 B
Slightly volatile
Other Current Liabilities3.4 B3.2 B2.2 B
Slightly volatile
Total Current Liabilities5.2 B4.9 B3.4 B
Slightly volatile
Total Stockholder Equity20.2 B19.3 B10.9 B
Slightly volatile
Property Plant And Equipment Net3.5 B3.3 BB
Slightly volatile
Net Debt9.1 B8.6 BB
Slightly volatile
Accounts Payable989.1 M942 M475.1 M
Slightly volatile
Cash585.9 M865 M559.2 M
Slightly volatile
Non Current Assets Total30.1 B28.6 B18.8 B
Slightly volatile
Non Currrent Assets Other713 M679 M541.5 M
Slightly volatile
Cash And Short Term Investments598.2 M865 M560 M
Slightly volatile
Net Receivables2.3 B2.2 B1.5 B
Slightly volatile
Common Stock Shares Outstanding1.2 B1.5 B1.3 B
Slightly volatile
Liabilities And Stockholders Equity36.6 B34.9 B23.1 B
Slightly volatile
Non Current Liabilities Total6.2 B10.7 B8.4 B
Slightly volatile
Inventory2.6 B2.5 B1.3 B
Slightly volatile
Other Current Assets426.3 M333 M445.9 M
Pretty Stable
Other Stockholder Equity10 B18.4 B14.7 B
Slightly volatile
Total Liabilities8.6 B15.6 B11.7 B
Slightly volatile
Property Plant And Equipment Gross7.1 B6.8 B2.4 B
Slightly volatile
Total Current Assets3.3 B6.5 BB
Slightly volatile
Short Term Debt417.5 M531 M479.8 M
Pretty Stable
Intangible Assets4.9 BB5.7 B
Slightly volatile
Common Stock Total Equity14.1 M19.6 M15.4 M
Slightly volatile
Common Stock14.4 M19.6 M15.6 M
Slightly volatile
Other Liabilities1.9 B2.1 B2.3 B
Very volatile
Long Term Debt5.6 B8.6 B5.8 B
Slightly volatile
Good Will8.6 B14.4 B8.3 B
Slightly volatile
Property Plant Equipment1.7 B3.3 B1.8 B
Slightly volatile
Current Deferred Revenue333.1 M266 M296.4 M
Slightly volatile
Long Term Debt Total6.6 B10.3 B6.3 B
Slightly volatile
Capital Surpluse19.3 B23.3 B18.1 B
Slightly volatile
Non Current Liabilities Other593.8 M625 M2.1 B
Slightly volatile
Long Term Investments458.7 M413 M309.8 M
Slightly volatile
Short and Long Term Debt541.2 M531 M594.5 M
Very volatile
Cash And Equivalents838.2 M1.1 B561 M
Slightly volatile
Capital Lease Obligations289 M395 M142.3 M
Slightly volatile
Net Invested Capital24.7 B28.4 B18 B
Slightly volatile
Capital Stock18.3 M19.6 M16.6 M
Slightly volatile

Boston Scientific Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.3 B1.2 B637.9 M
Slightly volatile
Selling General Administrative5.2 BB3.4 B
Slightly volatile
Total Revenue15 B14.2 B9.3 B
Slightly volatile
Gross Profit10.4 B9.9 B6.3 B
Slightly volatile
Other Operating Expenses12.4 B11.8 B7.8 B
Slightly volatile
EBIT2.5 B2.4 B1.4 B
Slightly volatile
EBITDA3.8 B3.6 B2.1 B
Slightly volatile
Cost Of Revenue4.6 B4.3 B2.9 B
Slightly volatile
Total Operating Expenses7.9 B7.5 B4.9 B
Slightly volatile
Research Development884.9 M1.4 B969.2 M
Slightly volatile
Selling And Marketing Expenses180.8 M203.4 M221.5 M
Slightly volatile
Non Recurring321.5 M338.4 M942.3 M
Slightly volatile
Interest Income20.9 M22 M207.5 M
Slightly volatile
Reconciled DepreciationB1.2 B902.5 M
Slightly volatile

Boston Scientific Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow653.7 M1.1 B712.9 M
Slightly volatile
Depreciation1.3 B1.2 B863.6 M
Slightly volatile
Capital Expenditures840 M800 M396.2 M
Slightly volatile
Total Cash From Operating Activities2.6 B2.5 B1.3 B
Slightly volatile
End Period Cash Flow673.8 M1.1 B751.3 M
Slightly volatile
Stock Based Compensation225.3 M233 M144.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.585.89874.077
Slightly volatile
Dividend Yield3.0E-43.0E-40.0174
Slightly volatile
PTB Ratio5.874.35654.6058
Pretty Stable
Days Sales Outstanding68.057.108161.4637
Slightly volatile
Book Value Per Share13.9313.26987.7203
Slightly volatile
Invested Capital0.470.49230.6187
Very volatile
Operating Cash Flow Per Share1.811.72260.9425
Slightly volatile
Stock Based Compensation To Revenue0.01550.01640.0164
Slightly volatile
PB Ratio5.874.35654.6058
Pretty Stable
EV To Sales5.086.50464.6766
Slightly volatile
Inventory Turnover2.821.74922.4215
Slightly volatile
Days Of Inventory On Hand168209156
Slightly volatile
Payables Turnover4.384.61257.6249
Slightly volatile
Sales General And Administrative To Revenue0.290.330.3572
Slightly volatile
Research And Ddevelopement To Revenue0.130.09930.1098
Pretty Stable
Cash Per Share0.390.59530.396
Slightly volatile
POCF Ratio48.1133.558938.3834
Pretty Stable
Days Payables Outstanding42.2279.132352.1344
Slightly volatile
EV To Operating Cash Flow52.6637.005643.9133
Pretty Stable
Intangibles To Total Assets0.410.58030.5945
Very volatile
Net Debt To EBITDA2.52.38312.8575
Slightly volatile
Current Ratio1.931.32051.5291
Slightly volatile
Receivables Turnover4.796.39145.9292
Pretty Stable
Graham Number19.018.092510.2953
Slightly volatile
Shareholders Equity Per Share13.9313.26987.7203
Slightly volatile
Debt To Equity0.470.49230.6187
Very volatile
Revenue Per Share10.299.80046.6172
Slightly volatile
Interest Debt Per Share7.056.71514.897
Slightly volatile
Debt To Assets0.210.27020.2725
Slightly volatile
Enterprise Value Over EBITDA26.8725.58721.4473
Slightly volatile
Short Term Coverage Ratios4.484.713781.6908
Slightly volatile
Operating Cycle236266217
Slightly volatile
Price Book Value Ratio5.874.35654.6058
Pretty Stable
Days Of Payables Outstanding42.2279.132352.1344
Slightly volatile
Price To Operating Cash Flows Ratio48.1133.558938.3834
Pretty Stable
Company Equity Multiplier1.661.82232.2047
Slightly volatile
Long Term Debt To Capitalization0.230.31730.3497
Very volatile
Total Debt To Capitalization0.270.32990.3719
Very volatile
Debt Equity Ratio0.470.49230.6187
Very volatile
Quick Ratio1.050.6270.7716
Slightly volatile
Net Income Per E B T0.760.80251.3589
Very volatile
Cash Ratio0.170.17530.1785
Pretty Stable
Cash Conversion Cycle178187164
Pretty Stable
Operating Cash Flow Sales Ratio0.170.17580.1393
Pretty Stable
Days Of Inventory Outstanding168209156
Slightly volatile
Days Of Sales Outstanding68.057.108161.4637
Slightly volatile
Cash Flow Coverage Ratios0.50.26370.287
Slightly volatile
Price To Book Ratio5.874.35654.6058
Pretty Stable
Fixed Asset Turnover5.34.31784.9044
Slightly volatile
Price Cash Flow Ratio48.1133.558938.3834
Pretty Stable
Enterprise Value Multiple26.8725.58721.4473
Slightly volatile
Debt Ratio0.210.27020.2725
Slightly volatile
Cash Flow To Debt Ratio0.50.26370.287
Slightly volatile
Price Sales Ratio4.585.89874.077
Slightly volatile
Asset Turnover0.670.40530.5098
Slightly volatile
Gross Profit Margin0.770.69490.6882
Slightly volatile
Price Fair Value5.874.35654.6058
Pretty Stable

Boston Scientific Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap62.5 B59.6 B39.2 B
Slightly volatile
Enterprise Value64.2 B61.2 B46.5 B
Slightly volatile

Boston Fundamental Market Drivers

Forward Price Earnings30.2115
Cash And Short Term Investments865 M

Boston Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Boston Scientific Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Boston Scientific income statement, its balance sheet, and the statement of cash flows. Boston Scientific investors use historical funamental indicators, such as Boston Scientific's revenue or net income, to determine how well the company is positioned to perform in the future. Although Boston Scientific investors may use each financial statement separately, they are all related. The changes in Boston Scientific's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Boston Scientific's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Boston Scientific Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Boston Scientific. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue266 M333.1 M
Total Revenue14.2 B15 B
Cost Of Revenue4.3 B4.6 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.33  0.29 
Research And Ddevelopement To Revenue 0.1  0.13 
Capex To Revenue(0.06)(0.06)
Revenue Per Share 9.80  10.29 
Ebit Per Revenue 0.16  0.10 

Pair Trading with Boston Scientific

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boston Scientific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boston Scientific will appreciate offsetting losses from the drop in the long position's value.

Moving together with Boston Stock

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The ability to find closely correlated positions to Boston Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boston Scientific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boston Scientific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boston Scientific Corp to buy it.
The correlation of Boston Scientific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boston Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boston Scientific Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boston Scientific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Boston Scientific Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boston Scientific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Boston Scientific Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boston Scientific Corp Stock:
Check out the analysis of Boston Scientific Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Boston Scientific's price analysis, check to measure Boston Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Boston Scientific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boston Scientific. If investors know Boston will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boston Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.856
Earnings Share
1.07
Revenue Per Share
9.8
Quarterly Revenue Growth
0.149
Return On Assets
0.0447
The market value of Boston Scientific Corp is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Scientific's value that differs from its market value or its book value, called intrinsic value, which is Boston Scientific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boston Scientific's market value can be influenced by many factors that don't directly affect Boston Scientific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boston Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Scientific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.