Price to Operating Profit (P/OP)
since 2005
Calculation
Boston Scientific Corp., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 36.71 | = | 39.91 | ÷ | 1.09 | 1.09 | = | 1,518 | ÷ | 1,396,195,349 | |
| Dec 31, 2018 | 36.68 | = | 39.86 | ÷ | 1.09 | 1.09 | = | 1,506 | ÷ | 1,385,961,926 | |
| Dec 31, 2017 | 28.71 | = | 26.83 | ÷ | 0.93 | 0.93 | = | 1,285 | ÷ | 1,374,910,797 | |
| Dec 31, 2016 | 74.67 | = | 24.48 | ÷ | 0.33 | 0.33 | = | 447 | ÷ | 1,363,488,640 | |
| Dec 31, 2015 | — | = | 17.33 | ÷ | -0.24 | -0.24 | = | -327 | ÷ | 1,348,346,253 | |
| Dec 31, 2014 | — | = | 16.92 | ÷ | -0.23 | -0.23 | = | -301 | ÷ | 1,330,512,367 | |
| Dec 31, 2013 | 147.21 | = | 13.34 | ÷ | 0.09 | 0.09 | = | 120 | ÷ | 1,324,192,809 | |
| Dec 31, 2012 | — | = | 7.37 | ÷ | -2.85 | -2.85 | = | -3,868 | ÷ | 1,357,426,289 | |
| Dec 31, 2011 | 9.78 | = | 6.09 | ÷ | 0.62 | 0.62 | = | 904 | ÷ | 1,451,346,240 | |
| Dec 31, 2010 | — | = | 7.40 | ÷ | -0.43 | -0.43 | = | -656 | ÷ | 1,523,368,979 | |
| Dec 31, 2009 | — | = | 7.74 | ÷ | -0.59 | -0.59 | = | -894 | ÷ | 1,511,368,790 | |
| Dec 31, 2008 | — | = | 7.02 | ÷ | -1.00 | -1.00 | = | -1,505 | ÷ | 1,502,237,400 | |
| Dec 31, 2007 | — | = | 12.72 | ÷ | -0.01 | -0.01 | = | -14 | ÷ | 1,492,320,521 | |
| Dec 31, 2006 | — | = | 16.21 | ÷ | -1.99 | -1.99 | = | -2,949 | ÷ | 1,480,340,219 | |
| Dec 31, 2005 | 20.37 | = | 24.00 | ÷ | 1.18 | 1.18 | = | 968 | ÷ | 821,567,300 |
Based on: 10-K (filing date: 2020-02-25), 10-K (filing date: 2019-02-19), 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-25), 10-K (filing date: 2014-02-26), 10-K (filing date: 2013-02-22), 10-K (filing date: 2012-02-17), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-27), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-01).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Boston Scientific Corp.’s Annual Report.
Comparison to Competitors
Boston Scientific Corp., P/OP, long-term trends, comparison to competitors
| Boston Scientific Corp. | Becton, Dickinson & Co. | Danaher Corp. | Edwards Lifesciences Corp. | Intuitive Surgical Inc. | Medtronic PLC | Stryker Corp. | Thermo Fisher Scientific Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 36.71 | 40.02 | 34.47 | 42.04 | 48.89 | 21.26 | 30.13 | 26.84 | 14.40 |
| Dec 31, 2018 | 36.68 | 43.37 | 23.18 | 49.37 | 49.87 | 17.64 | 26.55 | 27.33 | 14.58 |
| Dec 31, 2017 | 28.71 | 34.59 | 22.48 | 25.80 | 44.40 | 22.64 | 24.21 | 28.24 | 14.42 |
| Dec 31, 2016 | 74.67 | 25.02 | 21.37 | 25.38 | 28.93 | 22.18 | 21.23 | 25.13 | 11.79 |
| Dec 31, 2015 | — | 29.46 | 17.27 | — | 27.24 | 28.81 | 19.27 | 22.15 | 9.59 |
| Dec 31, 2014 | — | 16.89 | 17.94 | — | 34.42 | 16.68 | 28.38 | 20.63 | 10.12 |
| Dec 31, 2013 | 147.21 | 16.86 | 16.24 | — | 17.96 | 11.80 | 24.90 | 30.40 | 7.22 |
| Dec 31, 2012 | — | 9.71 | 13.40 | — | 26.21 | 8.91 | 13.91 | 17.92 | 6.32 |
| Dec 31, 2011 | 9.78 | 8.62 | 14.04 | — | 27.83 | 10.34 | 12.17 | 16.64 | 6.55 |
| Dec 31, 2010 | — | 10.71 | 15.14 | — | 23.28 | 9.30 | 14.07 | 17.09 | 5.90 |
| Dec 31, 2009 | — | 10.85 | 15.63 | — | 33.47 | 14.15 | 13.26 | 19.04 | 5.95 |
| Dec 31, 2008 | — | 9.96 | 8.85 | — | 14.45 | 20.91 | 10.45 | 12.33 | 6.59 |
| Dec 31, 2007 | — | 16.93 | 13.65 | — | 55.84 | 17.35 | 20.77 | 24.03 | 7.62 |
| Dec 31, 2006 | — | 16.84 | 14.52 | — | 38.97 | 17.65 | 23.58 | 79.09 | 10.47 |
| Dec 31, 2005 | 20.37 | 14.21 | 15.18 | — | 50.23 | 25.36 | 18.61 | 21.48 | 14.87 |
Based on: 10-K (filing date: 2020-02-25), 10-K (filing date: 2019-02-19), 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-23), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-25), 10-K (filing date: 2014-02-26), 10-K (filing date: 2013-02-22), 10-K (filing date: 2012-02-17), 10-K (filing date: 2011-02-17), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-27), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-01).