The historical rank and industry rank for Boston Scientific's Pretax Margin % or its related term are showing as below:
BSX'
s Pretax Margin % Range Over the Past 10 Years
Min: -8.69 Med: 7.7 Max: 14.61
Current: 14.61
BSX's Pretax Margin % is ranked better than 77.55% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: 0.05
vs BSX: 14.61
Boston Scientific Pretax Margin % Historical Data
The historical data trend for Boston Scientific's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Boston Scientific's Pretax Margin %
For the Medical Devices subindustry, Boston Scientific's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Boston Scientific's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Boston Scientific's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Boston Scientific's Pretax Margin % falls into.
Boston Scientific Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Boston Scientific's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Boston Scientific (NYSE:BSX) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Boston Scientific Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Boston Scientific's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Boston Scientific (Boston Scientific) Business Description
Boston Scientific produces less invasive medical devices that are inserted into the human body through small openings or cuts. It manufactures products for use in angioplasty, blood clot filtration, cardiac rhythm management, catheter-directed ultrasound imaging, upper gastrointestinal tract diagnostics, interventional oncology, neuromodulation for chronic pain, and treatment of incontinence. The firm markets its devices to healthcare professionals and institutions globally. Foreign sales account for nearly half of the firm's total sales.
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