Boston Return On Assets from 2010 to 2024

BSX Stock  USD 90.75  0.54  0.60%   
Boston Scientific Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Boston Scientific Corp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04533811
Current Value
0.0474
Quarterly Volatility
0.11030255
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Boston Scientific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boston Scientific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 193.9 M or Selling General Administrative of 5.2 B, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 3.0E-4 or PTB Ratio of 5.87. Boston financial statements analysis is a perfect complement when working with Boston Scientific Valuation or Volatility modules.
  
Check out the analysis of Boston Scientific Correlation against competitors.

Latest Boston Scientific's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Boston Scientific Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Boston Scientific's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Boston Scientific's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Boston Return On Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation342.40
Mean Deviation0.06
Median0.02
Standard Deviation0.11
Sample Variance0.01
Range0.5414
R-Value0.02
Mean Square Error0.01
R-Squared0.0004
Significance0.95
Slope0.0005
Total Sum of Squares0.17

Boston Return On Assets History

2024 0.0474
2023 0.0453
2022 0.0215
2021 0.0323
2020 -0.004549
2019 0.15
2018 0.0796

About Boston Scientific Financial Statements

Boston Scientific investors use historical fundamental indicators, such as Boston Scientific's Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Boston Scientific. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.05 

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Additional Tools for Boston Stock Analysis

When running Boston Scientific's price analysis, check to measure Boston Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.