BECTON DICKINSON & CO (BDX) closed fiscal year 2025 with a gross margin of 45.4 % and a net margin of 7.7 %.
BECTON DICKINSON & CO (BDX) closed fiscal year 2025 with a gross margin of 45.4 % and a net margin of 7.7 %. The same year shows an EBITDA margin of 23.1 % and an EBIT margin of 11.8 %. The free cash flow margin was 12.2 %. Against the previous year the gross margin moved +0.2 pp and the net margin −0.8 pp. Across the period the gross margin ranges between 42.2 % in 2023 and 52.6 % in 2009. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: September
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 51.73 % | 51.33 % | 52.60 % | 51.88 % | 52.20 % | 51.28 % | 51.79 % | 50.92 % | 45.66 % | 47.99 % | 49.14 % | 45.48 % | 47.94 % | 47.14 % | 45.12 % | 44.92 % | 42.17 % | 45.22 % | 45.44 % |
| EBITDA margin (%) | 25.88 % | 28.42 % | 29.40 % | 29.11 % | 28.48 % | 26.84 % | 22.35 % | 25.67 % | 19.11 % | 20.38 % | 21.58 % | 21.82 % | 23.21 % | 18.83 % | 23.42 % | 23.91 % | 22.71 % | 23.21 % | 23.08 % |
| EBIT margin (%) | 18.86 % | 21.57 % | 22.75 % | 22.21 % | 21.97 % | 20.21 % | 15.57 % | 19.01 % | 10.45 % | 11.46 % | 12.59 % | 9.44 % | 10.18 % | 5.67 % | 11.76 % | 12.09 % | 10.90 % | 11.88 % | 11.81 % |
| Net margin (%) | 14.17 % | 16.34 % | 17.63 % | 18.49 % | 16.76 % | 15.18 % | 16.05 % | 14.03 % | 6.76 % | 7.82 % | 9.10 % | 1.95 % | 7.13 % | 5.44 % | 10.94 % | 9.43 % | 7.66 % | 8.45 % | 7.68 % |
| FCF margin (%) | 10.89 % | 15.82 % | 16.20 % | 17.03 % | 15.92 % | 16.52 % | 12.21 % | 13.66 % | 11.03 % | 14.95 % | 15.07 % | 12.33 % | 13.72 % | 17.23 % | 18.05 % | 8.80 % | 10.92 % | 15.23 % | 12.23 % |