Becton Dickinson & Co.

Becton Dickinson & Co.

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Market Cap$53.3B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Becton Dickinson & Co.Becton Dickinson & Co.36.32.39%5%1.90.7

Earnings Call Q2 2026

May 7, 2026 - AI Summary

Q2 performance beat expectations; broad-based growth - Revenue: $4.7B, +2.6% YoY (FX-neutral); leadership emphasized ~90% of the portfolio delivering mid-single-digit growth. - Key growth platforms: double-digit in biologic drug delivery, Advanced Patient Monitoring (APM), PureWick, Advanced Tissue Regeneration; and mid- to high-single digit in oncology, peripheral arterial disease, and Rowa pharmacy automation. - Headwinds (expected): Alaris, vaccines, and China pressure, collectively <10% of revenue, managed with discipline.
Profitability + EPS strength; margin drag controlled despite tariffs - Adjusted gross margin: 54.7% (-90 bps YoY), with tariffs a key offset (about +160 bps) and partial productivity/mix benefit (~+70 bps). - Adjusted operating margin: 24.2% (-110 bps YoY), again reflecting tariff pressure (+160 bps) plus higher commercial investments. - Adjusted EPS: $2.90, +3.9% YoY, ahead of expectations. - Non-cash charges: EPS excludes ~$450M of noncash asset impairment charges in the quarter.
Guidance raised: revenue view steady, EPS improved - Full-year revenue guidance: reaffirmed low single-digits growth; management expects H2 revenue growth roughly similar to H1. - FX tailwind: estimated ~+120 bps to revenue (based on current spot rates). - Adjusted operating margin: ~25% expected (explicitly inclusive of tariffs). - Adjusted EPS (raised): $12.52 to $12.72 (up from prior outlook implied by “raising guidance”). - Management highlights confidence driven by first-half execution, pipeline/launch cadence, and BD Excellence productivity.

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$178.43

Target Price by Analysts

22.5% upsideBecton Dickinson Target Price DetailsTarget Price
$615.00

Current Fair Value

322.4% upside

Undervalued by 322.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$53.30 Billion
Enterprise Value$69.77 Billion
Dividend Yield$3.51 (2.39%)
Earnings per Share$5.84
Beta0.29
Outstanding Shares280,640,000

Return

Return on Equity4.62%ROE
Return on Assets2.20%
Return on Invested Capital5.51%

Valuation & Multiples

P/E Ratio36.28P/E Ratio
PEG-18.05PEG
Price to Sales1.92Price to Sales
Price to Book Ratio1.71Price to Book Ratio
Enterprise Value to Revenue3.27
Enterprise Value to EBIT29.93
Enterprise Value to Net Income62
Total Debt to Enterprise0.25
Debt to Equity0.72Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 7, 2026
EPS Estimate
$2.78
Average shareholder expectation
Revenue Estimate
$4.67 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$3.12
Average shareholder expectation
Revenue Estimate
$4.89 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.5368 9.34%
Total Calls613,501 71.96%
Total Puts329,344 66.06%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %92.01% 15.01%
Total Invested$42.01B 54.51%
Investors Holding1,483 96.00%

ESG Score

No data

About Becton, Dickinson And Co.

72,000 employees
CEO: Thomas Polen

BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of hea...

Relevant Senate Committees

Joint Committee on Taxation

This committee's expertise and official 'revenue estimates' directly influence the development and analysis of corporate tax structures and policies, which have a profound impact on BD's profitability and investment strategies.

Finance

As the committee controlling taxation, international trade, and entitlement spending (like Medicare and Medicaid), it directly impacts BD's corporate tax burden, global trade operations, and the critical reimbursement landscape for its medical products in the US.

Appropriations

This committee directly allocates federal spending across various sectors, including healthcare, defense, and scientific research, profoundly influencing funding available for medical device procurement by customers and related research important to BD.

Health, Education, Labor, and Pensions

This committee directly regulates the FDA, which is critical for the approval, marketing, and oversight of BD's medical devices and diagnostics, and influences NIH funding for research that could impact future product development.

Judiciary

The committee's oversight of antitrust laws and intellectual property rights is highly relevant to BD, influencing potential mergers and acquisitions, protecting its patented medical technologies, and ensuring fair market competition.

Veterans' Affairs

This committee's funding decisions for the Department of Veterans Affairs directly impact government healthcare contractors and medical device manufacturers, making it a direct influence on a significant customer segment for BD (e.g., VA hospitals).