BDX financial statements

The full income statement, balance sheet, and cash-flow statement for Becton Dickinson and Company (BDX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Revenue	21.8B YoY+8.2%	20.2B YoY+4.2%	19.4B YoY+2.7%	18.9B YoY-1.4%	19.1B YoY+19.0%
Cost of revenue	11.9B YoY+7.8%	11.1B YoY-1.3%	11.2B YoY+7.8%	10.4B YoY-1.0%	10.5B YoY+13.2%
Research & development	1.26B YoY+6.3%	1.19B YoY-3.8%	1.24B YoY-1.5%	1.26B YoY-1.8%	1.28B YoY+23.1%
Selling, general & administrative	5.28B YoY+8.7%	4.86B YoY+2.9%	4.72B YoY+0.2%	4.71B YoY-0.2%	4.72B YoY+12.8%
Restructuring	275M YoY-28.9%	387M YoY+61.9%	239M YoY+94.3%	123M YoY+179.5%	44.0M YoY-47.6%
Amortization of intangibles	1.59B YoY+8.0%	1.47B YoY+0.2%	1.47B YoY+2.4%	1.43B YoY+2.0%	1.40B YoY+1.3%
Operating income	2.58B YoY+7.6%	2.40B YoY+13.5%	2.11B YoY-7.5%	2.28B YoY+1.4%	2.25B YoY+146.7%
Interest expense	613M YoY+16.1%	528M YoY+16.8%	452M YoY+13.6%	398M YoY-15.1%	469M YoY-11.2%
Interest & investment income	38.0M YoY-76.7%	163M YoY+232.7%	49.0M YoY+206.3%	16.0M YoY+77.8%	9.00M YoY+28.6%
Other non-operating income	-123M YoY-339.3%	-28.0M YoY+39.1%	-46.0M YoY+60.7%	-117M YoY-18.2%	-99.0M YoY-530.4%
Pre-tax income	1.88B YoY-6.2%	2.00B YoY+20.6%	1.66B YoY-6.8%	1.78B YoY+5.4%	1.69B YoY+308.7%
Income tax	203M YoY-32.3%	300M YoY+127.3%	132M YoY-10.8%	148M YoY+68.2%	88.0M YoY+41.9%
	1.68B YoY-1.6%	1.71B YoY+14.9%	1.48B YoY-16.6%	1.78B YoY-15.0%	2.09B YoY+139.4%
Income from continuing operations	1.68B YoY-1.6%	1.71B YoY+11.4%	1.53B YoY-6.4%	1.64B YoY+1.9%	1.60B YoY+355.7%
Net income to common	1.68B YoY-1.6%	1.71B YoY+19.7%	1.42B YoY-15.7%	1.69B YoY-15.6%	2.00B YoY+161.0%
	$5.82 YoY-0.7%	$5.86 YoY+18.6%	$4.94 YoY-16.0%	$5.88 YoY-14.2%	$6.85 YoY+152.8%
EPS (basic)	$5.83 YoY-0.9%	$5.88 YoY+18.3%	$4.97 YoY-16.2%	$5.93 YoY-14.3%	$6.92 YoY+151.6%
	288M YoY-0.7%	290M YoY+1.2%	286M YoY+0.4%	285M YoY-1.5%	289M YoY+3.7%
	289M YoY-0.9%	291M YoY+0.9%	288M YoY+0.4%	287M YoY-1.6%	292M YoY+3.4%
Dividends per share	$4.16 YoY+9.5%	$3.80 YoY+4.4%	$3.64 YoY+4.6%	$3.48 YoY+4.8%	$3.32 YoY+5.1%
Balance Sheet	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	9.26B YoY-11.6%	10.5B YoY+20.7%	8.68B YoY+6.6%	8.14B YoY-7.9%	8.84B YoY-1.5%
Cash & equivalents	567M YoY-67.0%	1.72B YoY+21.3%	1.42B YoY+40.8%	1.01B YoY-55.9%	2.28B YoY-19.2%
Accounts receivable	2.40B YoY-21.0%	3.03B YoY+19.7%	2.53B YoY+15.7%	2.19B YoY-6.8%	2.35B YoY-2.0%
Inventory	3.15B YoY-18.1%	3.84B YoY+17.4%	3.27B YoY+1.5%	3.22B YoY+17.5%	2.74B YoY+0.0%
Other current assets	1.38B YoY+6.7%	1.29B YoY-6.4%	1.38B YoY-11.5%	1.56B YoY+48.8%	1.05B YoY+17.6%
	55.3B YoY-3.4%	57.3B YoY+8.5%	52.8B YoY-0.3%	52.9B YoY-1.7%	53.9B YoY-0.3%
Property, plant & equipment	6.38B YoY-6.4%	6.82B YoY+4.0%	6.56B YoY+9.1%	6.01B YoY+0.1%	6.00B YoY+1.4%
Operating lease right-of-use	885M YoY+1.0%	876M YoY+69.4%	517M YoY+7.3%	482M YoY+8.1%	446M YoY+6.7%
Goodwill	26.0B YoY-1.9%	26.5B YoY+7.9%	24.5B YoY-0.4%	24.6B YoY+3.1%	23.9B YoY+1.2%
Intangible assets	9.23B YoY-15.1%	10.9B YoY-0.3%	10.9B YoY-11.1%	12.3B YoY-3.6%	12.7B YoY-7.6%
Other non-current assets	2.38B YoY-8.9%	2.62B YoY+25.8%	2.08B YoY+12.4%	1.85B YoY-5.0%	1.95B YoY+15.3%
	8.31B YoY-7.2%	8.96B YoY+34.9%	6.64B YoY-15.0%	7.81B YoY+17.9%	6.63B YoY+13.5%
Accounts payable	1.97B YoY+4.1%	1.90B YoY+15.5%	1.64B YoY-3.4%	1.70B YoY-2.3%	1.74B YoY+28.3%
Accrued liabilities	3.10B YoY-10.7%	3.48B YoY+33.5%	2.60B YoY-0.0%	2.60B YoY-9.1%	2.87B YoY+8.7%
Short-term & current debt	1.56B YoY-28.2%	2.17B YoY+90.2%	1.14B YoY-47.6%	2.18B YoY+335.8%	500M YoY-29.3%
Current lease liability	135M YoY-4.9%	142M YoY+21.4%	117M YoY-0.8%	118M YoY-6.3%	126M YoY+18.9%
Long-term debt	17.6B YoY-1.8%	17.9B YoY+21.7%	14.7B YoY+6.1%	13.9B YoY-18.8%	17.1B YoY-0.7%
Non-current lease liability	704M YoY+5.5%	667M YoY+61.1%	414M YoY+7.8%	384M YoY+11.6%	344M YoY+2.4%
Other non-current liabilities	2.63B YoY-26.0%	3.56B YoY-22.3%	4.58B YoY-9.3%	5.05B YoY-3.0%	5.21B YoY-9.5%
	25.4B YoY-1.9%	25.9B YoY+0.4%	25.8B YoY+2.0%	25.3B YoY+6.8%	23.7B YoY-0.4%
Preferred stock	—	—	0.00 YoY-100.0%	2.00M YoY+0.0%	2.00M YoY+0.0%
Common stock	371M YoY+0.0%	371M YoY+0.0%	371M YoY+1.6%	365M YoY+0.0%	365M YoY+0.0%
Additional paid-in capital	20.1B YoY+0.9%	19.9B YoY+0.9%	19.7B YoY+0.9%	19.6B YoY+1.5%	19.3B YoY+0.0%
Retained earnings	16.6B YoY+3.0%	16.1B YoY+3.9%	15.5B YoY+2.5%	15.2B YoY+9.6%	13.8B YoY+8.1%
Treasury stock	9.81B YoY+11.4%	8.81B YoY+6.0%	8.30B YoY-0.3%	8.33B YoY+7.9%	7.72B YoY+25.8%
Accumulated other comprehensive income	-1.90B YoY-9.4%	-1.73B YoY-11.9%	-1.55B YoY-4.0%	-1.49B YoY+28.7%	-2.09B YoY+18.1%
Total liabilities & equity	55.3B YoY-3.4%	57.3B YoY+8.5%	52.8B YoY-0.3%	52.9B YoY-1.7%	53.9B YoY-0.3%
	371M YoY+0.0%	371M YoY+0.0%	371M YoY+1.6%	365M YoY+0.0%	365M YoY+0.0%
	285M YoY-1.3%	289M YoY-0.4%	290M YoY+2.5%	283M YoY-0.2%	284M YoY-2.1%
Cash Flow	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	3.43B YoY-10.8%	3.84B YoY+28.6%	2.99B YoY+21.0%	2.47B YoY-46.8%	4.65B YoY+31.3%
Depreciation & amortization	2.46B YoY+7.7%	2.29B YoY-0.1%	2.29B YoY+2.6%	2.23B YoY-0.0%	2.23B YoY+5.4%
Share-based compensation	258M YoY+4.5%	247M YoY-4.6%	259M YoY+11.2%	233M YoY+1.7%	229M YoY-3.0%
Deferred income taxes	-474M YoY-124.6%	-211M YoY+66.1%	-622M YoY-382.2%	-129M YoY+53.9%	-280M YoY+1.8%
Change in inventory	410M YoY+518.4%	-98.0M YoY-753.3%	15.0M YoY-97.6%	631M YoY+660.2%	83.0M YoY-30.8%
	-818M YoY+85.2%	-5.51B YoY-670.1%	-716M	—	-1.88B YoY-52.6%
Capital expenditure	760M YoY+4.8%	725M YoY-17.0%	874M YoY-10.2%	973M YoY-18.5%	1.19B YoY+55.3%
Free cash flow	2.67B YoY-14.4%	3.12B YoY+47.4%	2.12B YoY+41.3%	1.50B YoY-56.6%	3.45B YoY+24.7%
Acquisitions	0.00 YoY-100.0%	3.92B	0.00 YoY-100.0%	2.07B YoY+307.5%	508M YoY+209.8%
Purchases of investments	—	421M	0.00	0.00	—
Other investing activities	480M YoY+8.1%	444M YoY+16.2%	382M YoY+114.6%	178M YoY+25.4%	142M YoY-44.7%
	-3.62B YoY-273.3%	2.09B YoY+206.7%	-1.96B	—	-3.31B YoY-15127.3%
Long-term debt issued	0.00 YoY-100.0%	4.52B YoY+171.8%	1.66B YoY+234.4%	497M YoY-89.8%	4.87B YoY+43.7%
Long-term debt repaid	1.79B YoY+56.7%	1.14B YoY-47.0%	2.15B YoY+167.7%	805M YoY-84.3%	5.11B YoY+9.6%
Net short-term debt	—	—	—	—	0.00 YoY+100.0%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	1.00B YoY+100.0%	500M	0.00 YoY-100.0%	500M YoY-71.4%	1.75B
Dividends paid	1.20B YoY+8.7%	1.10B YoY-1.3%	1.11B YoY+3.0%	1.08B YoY+3.2%	1.05B YoY+2.1%
Other financing activities	-87.0M YoY+2.2%	-89.0M YoY+25.8%	-120M YoY-55.8%	-77.0M YoY+70.9%	-265M YoY-143.1%
FX effect on cash	0.00 YoY-100.0%	4.00M YoY-20.0%	5.00M YoY+111.1%	-45.0M YoY-400.0%	15.0M YoY+600.0%
Net change in cash	-1.00B YoY-368.0%	375M YoY+16.5%	322M YoY+126.1%	-1.23B YoY-134.9%	-525M YoY-122.6%
Interest paid	628M YoY+32.8%	473M YoY+4.6%	452M YoY+15.9%	390M YoY-17.7%	474M YoY-8.0%
Income taxes paid	599M YoY-8.3%	653M YoY+3.8%	629M YoY+18.2%	532M YoY-20.7%	671M YoY+28.3%
Valuation Ratios	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Market cap	42.0B YoY-23.4%	54.8B YoY-7.1%	59.0B YoY+18.8%	49.6B YoY-7.3%	53.6B YoY+3.5%
P/E	25.0× YoY-22.1%	32.1× YoY-9.3%	35.4× YoY+27.0%	27.9× YoY+9.0%	25.6× YoY-56.8%
P/S	1.9× YoY-29.2%	2.7× YoY-12.3%	3.1× YoY+17.7%	2.6× YoY-6.0%	2.8× YoY-13.1%
P/B	1.7× YoY-21.9%	2.1× YoY-6.9%	2.3× YoY+15.8%	2.0× YoY-13.2%	2.3× YoY+3.8%
P/FCF	15.7× YoY-10.5%	17.6× YoY-48.1%	33.8× YoY+2.1%	33.1× YoY+113.7%	15.5× YoY-17.0%
	4.0% YoY+28.4%	3.1% YoY+10.2%	2.8% YoY-21.3%	3.6% YoY-8.3%	3.9% YoY+131.4%
	6.4% YoY+11.7%	5.7% YoY+92.5%	3.0% YoY-2.0%	3.0% YoY-53.2%	6.4% YoY+20.5%
	2.8% YoY+41.0%	2.0% YoY+11.9%	1.8% YoY-9.8%	2.0% YoY+12.8%	1.8% YoY-0.6%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: BDX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BDX filings on SEC EDGAR → Not investment advice.