Boston Scientific annual debt-to-equity ratio
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2025
Boston Scientific Debt-to-Equity Ratio Growth & History (BSX)
Boston Scientific's debt-to-equity ratio was 0.48 for fiscal 2025.
View full Boston Scientific company overviewBoston Scientific annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.48 | −0.03 | −6.60% |
| 2024 | 2024-12-31 | 0.52 | 0.02 | +3.94% |
| 2023 | 2023-12-31 | 0.50 | −0.04 | −6.67% |
| 2022 | 2022-12-31 | 0.53 | −0.04 | −7.22% |
| 2021 | 2021-12-31 | 0.57 | −0.05 | −7.98% |
| 2020 | 2020-12-31 | 0.62 | −0.12 | −16.51% |
| 2019 | 2019-12-31 | 0.75 | −0.06 | −7.75% |
| 2018 | 2018-12-31 | 0.81 | 0.01 | +0.96% |
| 2017 | 2017-12-31 | 0.80 | −0.01 | −1.67% |
| 2016 | 2016-12-31 | 0.81 | −0.08 | −9.33% |
| 2015 | 2015-12-31 | 0.90 | 0.24 | +36.66% |
| 2014 | 2014-12-31 | 0.66 | 0.01 | +1.37% |
| 2013 | 2013-12-31 | 0.65 | 0.03 | +4.67% |
| 2012 | 2012-12-31 | 0.62 | 0.24 | +65.06% |
| 2011 | 2011-12-31 | 0.38 | −0.11 | −22.04% |
| 2010 | 2010-12-31 | 0.48 | 0.00 | +0.06% |
| 2009 | 2009-12-31 | 0.48 | −0.03 | −6.01% |
| 2008 | 2008-12-31 | 0.51 | — | — |
Boston Scientific quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.44 | −0.10 | −18.39% |
| Q1 2026 | 2026-03-31 | 0.42 | −0.10 | −19.40% |
| Q4 2025 | 2025-12-31 | 0.48 | −0.03 | −6.60% |
| Q3 2025 | 2025-09-30 | 0.51 | −0.03 | −5.29% |
| Q2 2025 | 2025-06-30 | 0.54 | −0.00 | −0.07% |
| Q1 2025 | 2025-03-31 | 0.53 | −0.02 | −4.53% |
| Q4 2024 | 2024-12-31 | 0.52 | 0.02 | +3.94% |
| Q3 2024 | 2024-09-30 | 0.54 | 0.05 | +10.40% |
| Q2 2024 | 2024-06-30 | 0.54 | 0.02 | +3.50% |
| Q1 2024 | 2024-03-31 | 0.55 | 0.03 | +5.23% |
| Q4 2023 | 2023-12-31 | 0.50 | −0.04 | −6.67% |
| Q3 2023 | 2023-09-30 | 0.49 | −0.01 | −2.77% |
| Q2 2023 | 2023-06-30 | 0.52 | −0.02 | −4.07% |
| Q1 2023 | 2023-03-31 | 0.52 | −0.05 | −9.33% |
| Q4 2022 | 2022-12-31 | 0.53 | −0.04 | −7.22% |
| Q3 2022 | 2022-09-30 | 0.51 | −0.07 | −11.89% |
| Q2 2022 | 2022-06-30 | 0.54 | −0.05 | −8.95% |
| Q1 2022 | 2022-03-31 | 0.58 | −0.02 | −3.73% |
| Q4 2021 | 2021-12-31 | 0.57 | −0.05 | −7.98% |
| Q3 2021 | 2021-09-30 | 0.57 | −0.04 | −6.74% |
| Q2 2021 | 2021-06-30 | 0.59 | −0.03 | −5.32% |
| Q1 2021 | 2021-03-31 | 0.60 | −0.17 | −21.76% |
| Q4 2020 | 2020-12-31 | 0.62 | −0.12 | −16.51% |
| Q3 2020 | 2020-09-30 | 0.62 | −0.54 | −46.64% |
| Q2 2020 | 2020-06-30 | 0.63 | −0.41 | −39.69% |
| Q1 2020 | 2020-03-31 | 0.77 | −0.26 | −25.29% |
| Q4 2019 | 2019-12-31 | 0.75 | −0.06 | −7.75% |
| Q3 2019 | 2019-09-30 | 1.15 | 0.36 | +44.48% |
| Q2 2019 | 2019-06-30 | 1.04 | 0.20 | +24.04% |
| Q1 2019 | 2019-03-31 | 1.03 | 0.21 | +25.39% |
| Q4 2018 | 2018-12-31 | 0.81 | 0.01 | +0.96% |
| Q3 2018 | 2018-09-30 | 0.80 | 0.05 | +6.75% |
| Q2 2018 | 2018-06-30 | 0.84 | 0.03 | +3.96% |
| Q1 2018 | 2018-03-31 | 0.82 | 0.04 | +4.89% |
| Q4 2017 | 2017-12-31 | 0.80 | −0.01 | −1.67% |
| Q3 2017 | 2017-09-30 | 0.75 | −0.09 | −10.53% |
| Q2 2017 | 2017-06-30 | 0.81 | −0.07 | −7.57% |
| Q1 2017 | 2017-03-31 | 0.78 | −0.10 | −11.08% |
| Q4 2016 | 2016-12-31 | 0.81 | −0.08 | −9.33% |
| Q3 2016 | 2016-09-30 | 0.84 | −0.08 | −8.44% |
| Q2 2016 | 2016-06-30 | 0.87 | 0.10 | +12.31% |
| Q1 2016 | 2016-03-31 | 0.88 | 0.22 | +33.92% |
| Q4 2015 | 2015-12-31 | 0.90 | 0.24 | +36.66% |
| Q3 2015 | 2015-09-30 | 0.91 | 0.28 | +44.05% |
| Q2 2015 | 2015-06-30 | 0.78 | 0.13 | +19.48% |
| Q1 2015 | 2015-03-31 | 0.66 | 0.01 | +0.96% |
| Q4 2014 | 2014-12-31 | 0.66 | 0.01 | +1.37% |
| Q3 2014 | 2014-09-30 | 0.63 | −0.01 | −1.99% |
| Q2 2014 | 2014-06-30 | 0.65 | 0.01 | +0.97% |
| Q1 2014 | 2014-03-31 | 0.65 | −0.00 | −0.59% |
| Q4 2013 | 2013-12-31 | 0.65 | 0.03 | +4.67% |
| Q3 2013 | 2013-09-30 | 0.65 | 0.02 | +3.89% |
| Q2 2013 | 2013-06-30 | 0.64 | 0.09 | +16.90% |
| Q1 2013 | 2013-03-31 | 0.65 | 0.28 | +75.04% |
| Q4 2012 | 2012-12-31 | 0.62 | 0.24 | +65.06% |
| Q3 2012 | 2012-09-30 | 0.62 | 0.25 | +68.42% |
| Q2 2012 | 2012-06-30 | 0.55 | 0.19 | +51.32% |
| Q1 2012 | 2012-03-31 | 0.37 | −0.06 | −13.71% |
| Q4 2011 | 2011-12-31 | 0.38 | −0.11 | −22.04% |
| Q3 2011 | 2011-09-30 | 0.37 | −0.18 | −32.35% |
| Q2 2011 | 2011-06-30 | 0.36 | −0.11 | −23.49% |
| Q1 2011 | 2011-03-31 | 0.43 | −0.09 | −17.66% |
| Q4 2010 | 2010-12-31 | 0.48 | 0.00 | +0.06% |
| Q3 2010 | 2010-09-30 | 0.55 | 0.11 | +25.95% |
| Q2 2010 | 2010-06-30 | 0.48 | 0.03 | +7.81% |
| Q1 2010 | 2010-03-31 | 0.53 | — | — |
| Q4 2009 | 2009-12-31 | 0.48 | −0.03 | −6.01% |
| Q3 2009 | 2009-09-30 | 0.43 | — | — |
| Q2 2009 | 2009-06-30 | 0.44 | — | — |
| Q4 2008 | 2008-12-31 | 0.51 | — | — |
Boston Scientific debt-to-equity ratio trends
Over the last five fiscal years, Boston Scientific's debt-to-equity ratio decreased from 0.62 to 0.48, a change of −0.14. The latest reported quarter, Q2 2026, shows 0.44.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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