Companies / Health Care
BDX
Becton Dickinson
Health Care Equipment
Health Care EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health54
Growth47
Profitability46
Cash generation74
Balance sheet19
Dilution control83
Key ratios and five-year financials
Latest quarter revenue YoY (2026-06-30)5.4%Revenue growth (FY)8.2%Revenue CAGR (3y)5.0%Gross margin45.4%Operating margin11.8%Net margin7.7%Free cash flow margin12.2%R&D / revenue5.8%Stock comp / revenue1.2%Net debt / operating cash flow5.41xCurrent ratio1.11Diluted share count change-0.9%
| Fiscal year ending | FY 2021-09 | FY 2022-09 | FY 2023-09 | FY 2024-09 | FY 2025-09 |
|---|---|---|---|---|---|
| Revenue | $19.1B | $18.9B | $19.4B | $20.2B | $21.8B |
| Gross profit | $8.6B | $8.5B | $8.2B | $9.1B | $9.9B |
| Operating income | $2.2B | $2.3B | $2.1B | $2.4B | $2.6B |
| Net income | $2.1B | $1.8B | $1.5B | $1.7B | $1.7B |
| Operating cash flow | $4.6B | $2.5B | $3.0B | $3.8B | $3.4B |
| Capital expenditure | $1.2B | $973M | $874M | $725M | $760M |
| Free cash flow | $3.5B | $1.5B | $2.1B | $3.1B | $2.7B |
| R&D | $1.3B | $1.3B | $1.2B | $1.2B | $1.3B |
| Stock-based comp | $229M | $233M | $259M | $247M | $258M |
| Buybacks | $1.8B | $500M | $0 | $500M | $1.0B |
| Dividends | $1.0B | $1.1B | $1.1B | $1.1B | $1.2B |
| Cash | $2.3B | $1.0B | $1.4B | $1.7B | $641M |
| Total debt | $17.6B | $16.1B | $15.9B | $20.1B | $19.2B |
| Equity | $23.7B | $25.3B | $25.8B | $25.9B | $25.4B |
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