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Side-by-side financial comparison of Boston Scientific (BSX) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Boston Scientific is the larger business by last-quarter revenue ($5.2B vs $3.8B, roughly 1.4× Stanley Black & Decker). Boston Scientific runs the higher net margin — 25.7% vs 1.4%, a 24.4% gap on every dollar of revenue. On growth, Boston Scientific posted the faster year-over-year revenue change (11.6% vs 0.1%). Over the past eight quarters, Boston Scientific's revenue compounded faster (12.4% CAGR vs 0.3%).

Boston Scientific Corporation (BSC) is an American biotechnology and biomedical engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology.

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

BSX vs SWK — Head-to-Head

Bigger by revenue
BSX
BSX
1.4× larger
BSX
$5.2B
$3.8B
SWK
Growing faster (revenue YoY)
BSX
BSX
+11.5% gap
BSX
11.6%
0.1%
SWK
Higher net margin
BSX
BSX
24.4% more per $
BSX
25.7%
1.4%
SWK
Faster 2-yr revenue CAGR
BSX
BSX
Annualised
BSX
12.4%
0.3%
SWK

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BSX
BSX
SWK
SWK
Revenue
$5.2B
$3.8B
Net Profit
$1.3B
$51.4M
Gross Margin
69.5%
31.4%
Operating Margin
Net Margin
25.7%
1.4%
Revenue YoY
11.6%
0.1%
Net Profit YoY
-43.6%
EPS (diluted)
$0.90
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BSX
BSX
SWK
SWK
Q1 26
$5.2B
Q4 25
$5.3B
Q3 25
$5.1B
$3.8B
Q2 25
$5.1B
$3.9B
Q1 25
$4.7B
$3.7B
Q4 24
$4.6B
$3.7B
Q3 24
$4.2B
$3.8B
Q2 24
$4.1B
$4.0B
Net Profit
BSX
BSX
SWK
SWK
Q1 26
$1.3B
Q4 25
$670.0M
Q3 25
$755.0M
$51.4M
Q2 25
$795.0M
$101.9M
Q1 25
$672.0M
$90.4M
Q4 24
$563.0M
$194.9M
Q3 24
$468.0M
$91.1M
Q2 24
$322.0M
$-11.2M
Gross Margin
BSX
BSX
SWK
SWK
Q1 26
69.5%
Q4 25
69.6%
Q3 25
69.9%
31.4%
Q2 25
67.7%
27.0%
Q1 25
68.8%
29.9%
Q4 24
67.8%
30.8%
Q3 24
68.8%
29.9%
Q2 24
69.2%
28.4%
Operating Margin
BSX
BSX
SWK
SWK
Q1 26
Q4 25
15.6%
Q3 25
20.7%
Q2 25
16.2%
Q1 25
19.8%
Q4 24
14.8%
3.4%
Q3 24
17.4%
10.6%
Q2 24
12.6%
9.5%
Net Margin
BSX
BSX
SWK
SWK
Q1 26
25.7%
Q4 25
12.7%
Q3 25
14.9%
1.4%
Q2 25
15.7%
2.6%
Q1 25
14.4%
2.4%
Q4 24
12.3%
5.2%
Q3 24
11.1%
2.4%
Q2 24
7.8%
-0.3%
EPS (diluted)
BSX
BSX
SWK
SWK
Q1 26
$0.90
Q4 25
$0.45
Q3 25
$0.51
$0.34
Q2 25
$0.53
$0.67
Q1 25
$0.45
$0.60
Q4 24
$0.38
$1.29
Q3 24
$0.32
$0.60
Q2 24
$0.22
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BSX
BSX
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$268.3M
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$9.0B
Total Assets
$21.8B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSX
BSX
SWK
SWK
Q1 26
Q4 25
$2.0B
Q3 25
$1.3B
$268.3M
Q2 25
$534.0M
$311.8M
Q1 25
$725.0M
$344.8M
Q4 24
$414.0M
$290.5M
Q3 24
$2.5B
$298.7M
Q2 24
$2.9B
$318.5M
Total Debt
BSX
BSX
SWK
SWK
Q1 26
Q4 25
$11.1B
Q3 25
$11.1B
$5.3B
Q2 25
$11.1B
$5.6B
Q1 25
$10.5B
$5.6B
Q4 24
$9.0B
$6.1B
Q3 24
$9.2B
$6.1B
Q2 24
$9.0B
$6.1B
Stockholders' Equity
BSX
BSX
SWK
SWK
Q1 26
Q4 25
$24.2B
Q3 25
$23.4B
$9.0B
Q2 25
$22.4B
$9.1B
Q1 25
$22.2B
$8.8B
Q4 24
$21.8B
$8.7B
Q3 24
$20.7B
$8.9B
Q2 24
$20.4B
$8.7B
Total Assets
BSX
BSX
SWK
SWK
Q1 26
Q4 25
$43.7B
Q3 25
$42.7B
$21.8B
Q2 25
$41.6B
$22.5B
Q1 25
$40.1B
$22.5B
Q4 24
$39.4B
$21.8B
Q3 24
$38.1B
$22.5B
Q2 24
$37.1B
$22.5B
Debt / Equity
BSX
BSX
SWK
SWK
Q1 26
Q4 25
0.46×
Q3 25
0.48×
0.59×
Q2 25
0.50×
0.62×
Q1 25
0.47×
0.63×
Q4 24
0.41×
0.70×
Q3 24
0.45×
0.69×
Q2 24
0.44×
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BSX
BSX
SWK
SWK
Operating Cash FlowLast quarter
$221.2M
Free Cash FlowOCF − Capex
$155.3M
FCF MarginFCF / Revenue
4.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
4.30×
TTM Free Cash FlowTrailing 4 quarters
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSX
BSX
SWK
SWK
Q1 26
Q4 25
$1.4B
Q3 25
$1.3B
$221.2M
Q2 25
$1.3B
$214.3M
Q1 25
$541.0M
$-420.0M
Q4 24
$1.5B
$679.1M
Q3 24
$1.0B
$285.8M
Q2 24
$813.0M
$573.0M
Free Cash Flow
BSX
BSX
SWK
SWK
Q1 26
Q4 25
$1.0B
Q3 25
$1.2B
$155.3M
Q2 25
$1.1B
$134.7M
Q1 25
$354.0M
$-485.0M
Q4 24
$1.2B
$564.6M
Q3 24
$823.0M
$199.3M
Q2 24
$658.0M
$485.8M
FCF Margin
BSX
BSX
SWK
SWK
Q1 26
Q4 25
19.2%
Q3 25
22.9%
4.1%
Q2 25
22.3%
3.4%
Q1 25
7.6%
-13.0%
Q4 24
25.8%
15.2%
Q3 24
19.6%
5.3%
Q2 24
16.0%
12.1%
Capex Intensity
BSX
BSX
SWK
SWK
Q1 26
Q4 25
6.6%
Q3 25
3.6%
1.8%
Q2 25
3.1%
2.0%
Q1 25
4.0%
1.7%
Q4 24
6.1%
3.1%
Q3 24
4.3%
2.3%
Q2 24
3.8%
2.2%
Cash Conversion
BSX
BSX
SWK
SWK
Q1 26
Q4 25
2.04×
Q3 25
1.78×
4.30×
Q2 25
1.62×
2.10×
Q1 25
0.81×
-4.65×
Q4 24
2.59×
3.48×
Q3 24
2.14×
3.14×
Q2 24
2.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BSX
BSX

MedSurg$1.7B33%
EMEA$932.0M18%
APAC$803.0M15%
Endoscopy$736.0M14%
Urology$646.0M12%
Neuromodulation$318.0M6%

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

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