hD

Income Statement Summary

Becton, Dickinson and (BDX) annual income statement covering fiscal 2020 through 2025, as reported to the SEC.

  • Becton, Dickinson and reported revenues of $21.84B in fiscal 2025, up 8.2% from $20.18B in fiscal 2024.
  • Operating Income was $2.58B, up 7.6% from $2.4B. Operating margin was 11.8%.
  • Net Income was $1.68B, down 1.6% from $1.71B. Net margin was 7.7%.
  • Diluted earnings per share was $5.82, down 0.68% from $5.86.
  • Cost of products sold took 54.6% of revenues, research and development expense 5.8% and selling and administrative expense 24.2%.

Revenues have grown 6.3% a year on average since fiscal 2020, from $16.07B to $21.84B.

An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.

Figures in USD millions, except per share data
Sep'25Sep'24Sep'23Sep'22Sep'21Sep'20
Revenues

21,840

20,178

19,372

18,870

19,131

16,074

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Revenues

21,840

20,178

19,372

18,870

19,131

16,074

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Cost of products sold

11,915

11,053

11,202

10,393

10,500

9,276

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Cost of products sold

11,915

11,053

11,202

10,393

10,500

9,276

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Selling and administrative expense

5,278

4,857

4,719

4,709

4,719

4,185

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Selling and administrative expense

5,278

4,857

4,719

4,709

4,719

4,185

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Research and development expense

1,265

1,190

1,237

1,256

1,279

1,039

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Research and development expense

1,265

1,190

1,237

1,256

1,279

1,039

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Integration, restructuring and transaction expense

408

458

313

192

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Integration, restructuring and transaction expense

408

458

313

192

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Integration and restructuring expense

-

-

-

-

179

299

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Integration and restructuring expense

-

-

-

-

179

299

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other operating expense, net

-396

-222

210

-37

-203

-363

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other operating expense, net

-396

-222

210

-37

-203

-363

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Acquired in-process research and development

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Acquired in-process research and development

-

-

-

-

-

-

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total Operating Costs and Expenses

19,261

17,780

17,261

16,588

16,881

15,161

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Total Operating Costs and Expenses

19,261

17,780

17,261

16,588

16,881

15,161

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating Income

2,579

2,397

2,111

2,282

2,250

912

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Operating Income

2,579

2,397

2,111

2,282

2,250

912

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense

613

528

452

398

469

528

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest expense

613

528

452

398

469

528

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest income

38

163

49

16

9

7

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Interest income

38

163

49

16

9

7

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other income (expense), net

-123

-28

-46

-117

-99

23

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Other income (expense), net

-123

-28

-46

-117

-99

23

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Continuing Operations Before Income Taxes

1,881

2,005

1,662

1,783

1,692

414

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Continuing Operations Before Income Taxes

1,881

2,005

1,662

1,783

1,692

414

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income tax provision

203

300

132

148

88

62

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income tax provision

203

300

132

148

88

62

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net Income from Continuing Operations

1,678

1,705

1,530

1,635

1,604

352

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net Income from Continuing Operations

1,678

1,705

1,530

1,635

1,604

352

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net of income tax provision of $0 in 2015, $0 in 2014 and $222 in 2013

-

-

-46

144

488

522

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net of income tax provision of $0 in 2015, $0 in 2014 and $222 in 2013

-

-

-46

144

488

522

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net Income

1,678

1,705

1,484

1,779

2,092

874

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net Income

1,678

1,705

1,484

1,779

2,092

874

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Preferred stock dividends

-

-

60

90

90

107

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Preferred stock dividends

-

-

60

90

90

107

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income applicable to common shareholders

1,678

1,705

1,424

1,689

2,002

767

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Net income applicable to common shareholders

1,678

1,705

1,424

1,689

2,002

767

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Basic Earnings per Share
Income from Continuing Operations, Basic (USD per share)

5.83

5.88

5.14

5.42

5.23

0.88

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Continuing Operations, Basic (USD per share)

5.83

5.88

5.14

5.42

5.23

0.88

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Discontinued Operations, Basic (USD per share)

-

-

-0.16

0.50

1.69

1.87

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Discontinued Operations, Basic (USD per share)

-

-

-0.16

0.50

1.69

1.87

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Basic Earnings per Share (USD per share)

5.83

5.88

4.97

5.93

6.92

2.75

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Basic Earnings per Share (USD per share)

5.83

5.88

4.97

5.93

6.92

2.75

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted Earnings per Share
Income from Continuing Operations, Diluted (USD per share)

5.82

5.86

5.10

5.38

5.18

0.87

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Continuing Operations, Diluted (USD per share)

5.82

5.86

5.10

5.38

5.18

0.87

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Discontinued Operations, Diluted (USD per share)

-

-

-0.16

0.50

1.67

1.85

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Income from Discontinued Operations, Diluted (USD per share)

-

-

-0.16

0.50

1.67

1.85

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted Earnings per Share (USD per share)

5.82

5.86

4.94

5.88

6.85

2.71

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

Diluted Earnings per Share (USD per share)

5.82

5.86

4.94

5.88

6.85

2.71

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx

xxxxx