Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Becton Dickinson & Co

BDX · NYSE · Healthcare

Fundamental quality

REASONABLE

58

out of 100

Becton Dickinson & Co earns a fundamental-quality score of 58 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its financial strength (net debt 3.33× EBITDA). Its weakest area is its profitability (net margin 5.1%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Becton Dickinson makes everyday medical supplies: syringes, catheters, diagnostic systems and lab devices. Thousands of recurring hospital-consumption products — the opposite of the blockbuster drug: nothing shines, everything gets used.

What will shape its future

  • Global hospital activity volumes, its baseline demand.
  • Its efficiency and pricing power in products hospitals buy on contract.
  • Executing its reorganization (business separation) to unlock value.

Breakdown by area

I.Growth
50

EPS growth: 7.1% · Revenue growth: 6.1%

II.Profitability
44

Net margin: 5.1% · ROE: 4.7% · ROIC: 5.3%

III.Financial health
68

Net debt/EBITDA: 3.33x · FCF: 17.3%

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +4 for dividend strength: 54 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 57 Healthcare companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 32%
ROEbeats 18%
Growthbeats 32%
Cash generationbeats 63%
Less debtbeats 20%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Becton Dickinson & Co strengths

  • Strong free-cash-flow generation (FCF margin of 17.3%): profit turns into real cash.

Becton Dickinson & Co risks and weaknesses

  • Low return on equity (ROE of 4.7%).

Becton Dickinson & Co historical evolution

YearRevenueNet incomeFree cash flowNet debt
202016,0748742,77015,106
202119,1312,0923,45315,327
202218,8701,77915,059
202319,3721,48414,463
202420,1781,70518,393
202521,8401,67818,612

Between 2020 and 2025, revenue went from $16,074M to $21,840M (+36%) and net income went from $874M to $1,678M (+92%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended March 31, 2026, versus the half-year ended March 31, 2025 (SEC filings):

  • Revenue+4.4%
  • Net income-88.2%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$4.16

per share, yearly

71.3% of earnings

Payout

54 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

Advertising

Want to invest in Becton Dickinson & Co?

Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.

Interactive BrokersGlobal markets

The serious investor's standard

Open free account →
WebullCommission-free

Popular in the U.S.

Open free account →

Investing carries risk of loss.

Is Becton Dickinson & Co cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Becton Dickinson & Co a good company to invest in?

In terms of business quality, Becton Dickinson & Co scores 58 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Becton Dickinson & Co a profitable company?

Becton Dickinson & Co is profitable, with a net margin of 5.1%, though a thin one.

Does Becton Dickinson & Co have a lot of debt?

Yes, its leverage is high: net debt is 3.33 times its EBITDA.

Is Becton Dickinson & Co growing?

Its revenue has grown 6.1% annualized in recent years and its earnings per share 7.1%.

Does Becton Dickinson & Co generate cash?

Yes. It converts about 17.3% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Was this page helpful?