Boston Historical Income Statement

0HOY Stock   89.13  0.07  0.08%   
Historical analysis of Boston Scientific income statement accounts such as Total Revenue of 10.6 B, Gross Profit of 6.9 B or Other Operating Expenses of 9.8 B can show how well Boston Scientific Corp performed in making a profits. Evaluating Boston Scientific income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Boston Scientific's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Boston Scientific Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Boston Scientific Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Boston Income Statement Analysis

Boston Scientific Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Boston Scientific shareholders. The income statement also shows Boston investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Boston Scientific Income Statement Chart

At this time, Boston Scientific's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 1.7 B in 2024, whereas Total Revenue is likely to drop slightly above 10.6 B in 2024.

Total Revenue

Total revenue comprises all receipts Boston Scientific Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Boston Scientific Corp minus its cost of goods sold. It is profit before Boston Scientific operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Boston Scientific Corp. It is also known as Boston Scientific overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Boston Scientific Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Boston Scientific Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Boston Scientific's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Boston Scientific Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Scientific Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Boston Scientific's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 1.7 B in 2024, whereas Total Revenue is likely to drop slightly above 10.6 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue11.9B12.7B14.2B10.6B
Depreciation And Amortization1.1B1.1B1.2B1.0B

Boston Scientific income statement Correlations

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0.670.850.910.270.990.80.980.65-0.130.670.520.62-0.140.290.250.80.57
0.620.820.890.280.990.760.970.61-0.090.630.480.57-0.110.270.280.770.52
0.950.990.940.450.80.760.880.94-0.120.680.570.61-0.140.470.00.940.9
0.780.920.960.320.980.970.880.76-0.150.710.570.65-0.130.370.20.870.68
0.960.930.80.390.650.610.940.76-0.210.630.560.55-0.140.5-0.040.850.89
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0.730.720.71-0.30.670.630.680.710.63-0.760.970.89-0.050.22-0.040.610.61
0.670.610.59-0.450.520.480.570.570.56-0.840.970.87-0.030.16-0.110.490.52
0.660.630.63-0.330.620.570.610.650.55-0.710.890.87-0.480.340.30.530.61
-0.13-0.1-0.080.04-0.14-0.11-0.14-0.13-0.140.08-0.05-0.03-0.48-0.34-0.73-0.07-0.25
0.520.490.450.370.290.270.470.370.50.030.220.160.34-0.340.560.580.69
-0.060.040.10.020.250.280.00.2-0.040.08-0.04-0.110.3-0.730.560.060.08
0.890.960.960.530.80.770.940.870.850.00.610.490.53-0.070.580.060.89
0.930.870.790.430.570.520.90.680.89-0.170.610.520.61-0.250.690.080.89
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Boston Scientific Account Relationship Matchups

Boston Scientific income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.0B1.1B1.1B1.1B1.2B1.0B
Total Revenue10.7B9.9B11.9B12.7B14.2B10.6B
Gross Profit6.9B5.6B7.5B7.7B9.8B6.9B
Other Operating Expenses9.0B9.3B10.0B10.9B11.9B9.8B
Operating Income1.7B601M1.9B1.8B2.3B1.5B
Ebit1.7B389M1.8B2.0B2.4B1.5B
Research Development1.2B1.1B1.2B1.3B1.4B1.2B
Ebitda2.7B1.5B2.9B3.2B3.6B2.5B
Cost Of Revenue3.9B4.3B4.4B5.0B4.4B3.7B
Total Operating Expenses5.2B5.0B5.5B5.9B7.5B4.4B
Income Before Tax687M(79M)1.1B1.1B2.0B2.1B
Total Other Income Expense Net(1.0B)(680M)(846M)(683M)(359M)(377.0M)
Net Income4.7B(82M)1.0B698M1.6B1.7B
Income Tax Expense(4.0B)2M36M443M393M412.7M
Tax Provision(182M)89M2M36M41.4M43.5M
Interest Income72M831M7M341M306.9M253.1M
Interest Expense513M468M349M464M272M324.7M
Selling General Administrative3.6B3.9B3.7B4.4B5.0B4.1B
Net Income Applicable To Common Shares4.7B(115M)986M642M577.8M1.1B

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