Boston Scientific
Financial Performance
Boston Scientific Revenue & Financials
Revenue
$14.2B (FY2024)
Market Cap
$115B
Net Income
$1.6B
Employees
48,000
What is Boston Scientific's revenue?
Boston Scientific had $14.2B in revenue for fiscal year 2024, up 11.5% from 2023. Net income was $1.6B.
- Latest revenue
- $14.2B (FY2024)
- Year-over-year
- +11.5%
- Growth rate (CAGR)
- 10.6% over 2 years
- Peak revenue
- $14.2B (FY2024)
- Years of data
- 3
- Employees
- 48,000
- How much profit does Boston Scientific make?
- Boston Scientific reported net income of $1.6B for fiscal year 2024.
- How many employees does Boston Scientific have?
- Boston Scientific has about 48,000 employees.
Financial Analysis
Boston Scientific exhibits an exceptional financial profile characterized by high organic top-line compounding, expanding operating leverage, and robust capital generation. In fiscal year 2024, Boston Scientific generated consolidated net sales of $14.24 billion, representing 15.5% reported growth and over 13% organic growth. GAAP net income reached $1.571 billion, with adjusted operating margin expanding to 26.8%. The company generated over $2.4 billion in operating cash flow, maintaining an investment-grade balance sheet with a net debt-to-EBITDA ratio below 2.2x and deploying capital toward strategic growth acquisitions and opportunistic share repurchases.
Revenue Trend Analysis
YoY Change
+11.5%
2-Year CAGR
+10.6%
Peak Year
2024
Trend
Not enough comparable years
Boston Scientific has 3 full fiscal year figures on this page, compounding at +10.6% annually over 2 years. The most recent year saw a 11.5% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $14.2B. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $14.2B | $1.6B | +11.5% |
| FY2023 | $12.8B | $1.4B | +9.8% |
| FY2022 | $11.6B | $1.3B | — |
Click any row to see year details.
Related Companies
Compare Boston Scientific Revenue With Competitors
Keep researching Boston Scientific
Boston Scientific Revenue and Financial FAQ
What was Boston Scientific's latest reported annual revenue?
In its latest audited financial reporting period, Boston Scientific recorded consolidated net revenue of $14.2B, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Boston Scientific?
Boston Scientific generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Boston Scientific's capital and liquidity position?
Boston Scientific maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Boston Scientific distribute capital to shareholders?
Boston Scientific executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Boston Scientific Revenue & Financials." CorpDigest, https://corpdigest.com/company/boston-scientific/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Boston Scientific reported $14.2B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/boston-scientific/financials" target="_blank" rel="noopener">CorpDigest — Boston Scientific financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Boston Scientific
Core profile pages, founders and related research hubs for this company.