Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices. Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. The company advances science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare.
Type
Public
HQ
Marlborough, US
Founded
1979
Size (employees)
29,000 (est)+8%
Boston Scientific Corporation was founded in 1979 and is headquartered in Marlborough, US
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Key People/Management at Boston Scientific Corporation

Michael F. Mahoney

Michael F. Mahoney

Chairman and Chief Executive Officer

Boston Scientific Corporation Office Locations

Boston Scientific Corporation has offices in Sandton, Üsküdar, Gurugram, Maple Grove and in 7 other locations
Marlborough, US (HQ)
100 Boston Scientific Way
Arden Hills, US
4100 Hamline Ave N
Maple Grove, US
1 Scimed Pl
Huangpu Qu, CN
Meng Zi Lu
Voisins-le-Bretonneux, FR
2 Rue René Caudron
Gurugram, IN
48 Sohna Rd
Show all (11)
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Boston Scientific Corporation Financials and Metrics

Boston Scientific Corporation Financials

Boston Scientific Corporation's revenue was reported to be $8.39 b in FY, 2016 which is a 12.2% increase from the previous period.
USD

Revenue (Q2, 2017)

2.3 b

Gross profit (Q2, 2017)

1.6 b

Gross profit margin (Q2, 2017), %

72%

Net income (Q2, 2017)

146 m

EBIT (Q2, 2017)

225 m

Market capitalization (18-Apr-2018)

40.3 b

Cash (30-Jun-2017)

195 m

EV

44.9 b
Boston Scientific Corporation's current market capitalization is $40.3 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

7.1 b7.4 b7.5 b8.4 b

Revenue growth, %

3%1%12%

Cost of goods sold

2.2 b2.2 b2.2 b2.4 b

Gross profit

5 b5.2 b5.3 b6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

1.7 b1.8 b1.9 b1.8 b1.8 b1.8 b1.9 b2 b2.1 b2.1 b2.2 b2.3 b

Cost of goods sold

510 m537 m563 m550 m520 m540 m539 m573 m639 m594 m650 m632 m

Gross profit

1.2 b1.2 b1.3 b1.3 b1.2 b1.3 b1.3 b1.4 b1.5 b1.5 b1.5 b1.6 b

Gross profit Margin, %

71%70%70%70%71%71%71%71%70%72%70%72%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

217 m587 m319 m196 m

Inventories

897 m946 m1 b955 m

Current Assets

3 b3.6 b3.5 b3.2 b

PP&E

1.5 b1.5 b1.5 b1.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

571 m191 m357 m246 m242 m903 m350 m338 m438 m237 m156 m195 m

Accounts Receivable

1.2 b1.2 b1.3 b1.2 b1.2 b1.2 b1.3 b1.3 b1.4 b1.4 b1.4 b1.4 b

Inventories

895 m926 m949 m989 m958 m968 m1.1 b1 b981 m998 m971 m1 b

Current Assets

3.5 b2.9 b3.2 b3.2 b3.2 b3.8 b3.5 b3.2 b3.3 b3.2 b3 b3.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(121 m)(119 m)(239 m)347 m

Inventories

(7 m)(81 m)3 m40 m

Accounts Payable

(37 m)620 m(20 m)553 m

Cash From Operating Activities

1.1 b1.3 b600 m972 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015

Net Income

(5 m)133 m4 m43 m(1 m)
USDY, 2017

EV/EBIT

199.7 x

Revenue/Employee

83.6 k

Financial Leverage

2.5 x
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Boston Scientific Corporation Operating Metrics

Boston Scientific Corporation's Customers was reported to be 35 k in FY, 2016.
FY, 2016

Countries

120

Customers

35 k

Facilities

13
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Boston Scientific Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
nVision Medical April 12, 2018$275 m
Symetis March 30, 2017$435 m
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Boston Scientific Corporation News and Updates

Global Remote Patient Monitoring Devices Market 2017: Biotronik, Boston Scientific Corporation, CAS Medical Systems, CONTEC MEDICAL

WiseGuyReports.com adds “Global Remote Patient Monitoring Devices Market Professional Survey Report 2017” reports to its Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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