Last 48 quarters of trend data · Healthcare · Medical - Instruments & Supplies
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 521.3% YoY to 80.1x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 24.70 | — | 28.46 | 16.81 | 13.31 | 33.08 | 33.71 | 25.69 | 21.49 | 20.67 | 39.24 | 107.97 | 30.00 |
| — | — | -15.6% | -34.6% | -38.1% | +60.0% | -14.1% | -76.2% | -28.3% | -17.3% | +69.8% | +188.5% | -7.1% | |
| P/S Ratio | 2.39 | 2.34 | 2.07 | 1.41 | 1.39 | 1.94 | 1.97 | 1.99 | 2.10 | 2.20 | 2.33 | 2.30 | 2.41 |
| — | +20.5% | +5.1% | -29.2% | -33.6% | -11.8% | -15.6% | -13.4% | -12.8% | -2.9% | -4.6% | +10.9% | +2.1% | |
| P/B Ratio | 1.63 | 1.83 | 1.72 | 1.31 | 1.21 | 1.62 | 1.62 | 1.67 | 1.62 | 1.73 | 1.73 | 1.81 | 1.81 |
| — | +12.7% | +6.5% | -21.8% | -25.6% | -6.3% | -6.8% | -7.7% | -10.5% | +1.8% | -1.5% | +16.1% | +5.5% | |
| P/FCF | 19.54 | 20.20 | 19.80 | 8.29 | 7.35 | 292.44 | 17.31 | 12.27 | 9.66 | 29.14 | 15.14 | 11.34 | 13.21 |
| — | -93.1% | +14.4% | -32.5% | -23.9% | +903.6% | +14.3% | +8.2% | -26.9% | -99.2% | -74.1% | -24.6% | -63.7% | |
| EV / EBITDA | 13.99 | 80.15 | 12.83 | 9.72 | 8.22 | 12.90 | 13.86 | 13.04 | 12.13 | 11.51 | 14.71 | 16.36 | 14.03 |
| — | +521.3% | -7.4% | -25.5% | -32.2% | +12.1% | -5.8% | -20.2% | -13.5% | -8.5% | +11.7% | +28.4% | +6.3% | |
| EV / EBIT | 27.34 | 80.15 | 26.10 | 19.38 | 14.43 | 28.96 | 31.87 | 23.55 | 22.29 | 19.81 | 31.30 | 52.07 | 26.63 |
| — | +176.7% | -18.1% | -17.7% | -35.3% | +46.2% | +1.8% | -54.8% | -16.3% | -14.5% | +20.3% | +62.0% | -3.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Becton, Dickinson and Company's operating margin was 2.0% in Q2 2026, down 9.3 pp QoQ and down 8.4 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 10.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 6.7% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.4% | 45.7% | 44.6% | 47.5% | 47.8% | 42.8% | 43.2% | 45.7% | 46.2% | 45.7% | 43.1% | 33.4% | 43.1% |
| — | +6.7% | +3.2% | +3.9% | +3.4% | -6.3% | +0.4% | +36.8% | +7.4% | -1.5% | -7.4% | -23.4% | -3.3% | |
| Operating Margin | 11.8% | 2.0% | 11.3% | 11.8% | 16.0% | 10.4% | 8.8% | 11.4% | 12.1% | 14.5% | 9.3% | 6.9% | 11.3% |
| — | -80.7% | +29.0% | +3.4% | +32.7% | -28.8% | -6.0% | +66.8% | +7.2% | +11.7% | -26.9% | -33.2% | -2.7% | |
| Net Margin | 7.7% | -6.6% | 7.3% | 8.4% | 10.4% | 5.8% | 5.9% | 7.4% | 9.8% | 10.6% | 6.0% | 2.1% | 8.3% |
| — | -212.9% | +24.1% | +13.8% | +6.8% | -45.1% | -1.8% | +246.5% | +17.0% | +11.6% | -46.2% | -64.9% | +7.6% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.5% | -1.3% | 1.5% | 1.9% | 2.3% | 1.2% | 1.2% | 1.5% | 1.9% | 2.1% | 1.1% | 0.4% | 1.6% |
| — | -203.1% | +27.1% | +25.4% | +19.7% | -42.0% | +7.9% | +270.2% | +19.9% | +17.2% | -45.2% | -63.2% | +9.5% | |
| ROA | 3.0% | -0.6% | 0.7% | 0.9% | 1.0% | 0.6% | 0.5% | 0.7% | 0.9% | 1.0% | 0.5% | 0.2% | 0.8% |
| — | -204.3% | +28.1% | +26.2% | +18.3% | -44.1% | +1.2% | +247.1% | +17.1% | +17.9% | -44.3% | -62.4% | +13.6% | |
| ROIC | 4.3% | 0.2% | 1.0% | 1.2% | 1.5% | 0.9% | 0.8% | 1.1% | 1.1% | 1.3% | 0.8% | 0.6% | 1.0% |
| — | -82.2% | +33.2% | +10.2% | +36.7% | -30.3% | -6.5% | +69.4% | +11.9% | +19.3% | -23.9% | -30.7% | -3.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Becton, Dickinson and Company's Debt/EBITDA ratio is 91.4x, up from 16.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 16.4% YoY to 0.94x, tightening the short-term liquidity position.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.76 | 0.72 | 0.77 | 0.76 | 0.76 | 0.76 | 0.74 | 0.83 | 0.75 | 0.70 | 0.64 | 0.62 | 0.65 |
| — | -6.2% | +3.8% | -9.4% | +1.6% | +8.7% | +17.0% | +35.5% | +15.4% | -1.0% | -1.6% | -3.1% | +0.8% | |
| Debt / EBITDA | 3.81 | 91.42 | 16.17 | 14.47 | 12.89 | 16.70 | 17.70 | 17.87 | 16.52 | 13.80 | 16.11 | 16.96 | 14.98 |
| — | +447.5% | -8.6% | -19.0% | -21.9% | +21.0% | +9.8% | +5.3% | +10.2% | -9.8% | +12.8% | +13.0% | -0.1% | |
| Current Ratio | 1.11 | 0.94 | 1.05 | 1.11 | 1.10 | 1.13 | 1.13 | 1.17 | 1.85 | 1.41 | 1.08 | 1.31 | 1.25 |
| — | -16.4% | -7.2% | -4.7% | -40.3% | -20.2% | +4.4% | -10.5% | +48.0% | +7.5% | +0.9% | +25.4% | -7.4% | |
| Quick Ratio | 0.64 | 0.55 | 0.58 | 0.64 | 0.62 | 0.64 | 0.63 | 0.74 | 1.36 | 0.97 | 0.64 | 0.81 | 0.73 |
| — | -14.9% | -7.0% | -12.8% | -54.4% | -33.8% | -2.7% | -9.1% | +86.4% | +19.5% | +7.3% | +29.3% | -19.4% | |
| Interest Coverage | 4.07 | 1.27 | 5.55 | 4.29 | 5.63 | 3.40 | 2.97 | 4.32 | 4.65 | 6.06 | 4.23 | 2.60 | 4.96 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying BDX stock.
Becton, Dickinson and Company's current P/E is 24.7x. The average P/E over the last 3 quarters is 19.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Becton, Dickinson and Company's current operating margin is 11.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Becton, Dickinson and Company's business trajectory between earnings reports.