BECTON DICKINSON & CO
BDX · Surgical & Medical Instruments & Apparatus · 275.5M shares · +1%/yr ↑ shares · EDGAR filings ↗
Reference price $145.66 · est. market cap ~$40.1B — last insider sale, 2026-06-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B72Profitable medtech leader with solid margins and coverage, but thin liquidity and moderate leverage.
Strengths
- Solid profitability — operating margin 12% (82nd), interest coverage 4.2
- Diversified device/diagnostics franchise — per 10-K
Risks
- Thin liquidity — quick ratio 0.6 (16th)
- Moderate leverage — D/E 0.8 (67th)
- Quality-system execution — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- FDA recallFDA recall (Class II) — BD GasPak EZ CO2 Pouch System. Catalog Number: 260684. for microbiologic use (2026-04-07)
- Strong balance sheetStrong balance sheet — $641M cash & investments
- China exposurerelations with or among the governments of the foreign countries in which we operate, changes to international trade agreements and treaties, changes in tax laws and regulations, economic sanctions, e
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, FMR LLC +2 more (as of 2026-03-31)
- Insider sellingInsider selling — 11 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$1M, last 6mo) Form 4 ↗
- Revenue declineRevenue -24.8% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
45.4%
Operating margin
11.8%
Net margin
7.7%
Return on equity
6.6%
Return on assets
3.0%
ROIC
4.6%
Revenue growth (QoQ)
-24.8%
Net-income growth
-1.6%
Debt / equity
0.8×
Net debt / EBITDA
3.7×
Interest coverage
4.2×
Current ratio
1.1×
EBITDA
$5.0B
Tangible book value
-$10.6B
Cash & investments
$641M
Stock comp / revenue
1.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-24 | Garrison Michael David | Sell | 1.1K | $145.66 |
| 2026-06-10 | Garrison Michael David | Sell | 1.1K | $151.48 |
| 2026-06-01 | Polen Thomas E Jr | Option exercise | 20K | $126.16 |
| 2026-06-01 | Polen Thomas E Jr | Disposition | 17K | $146.15 |
| 2026-06-01 | Polen Thomas E Jr | Sell | 2.8K | $146.35 |
| 2026-06-01 | Menziuso Peter | Grant | 14K | — |
| 2026-05-26 | Feld Michael | Sell | 75 | $147.35 |
| 2026-05-07 | Roque Vitor | Grant | 1.7K | — |
| 2026-04-27 | Feld Michael | Sell | 74 | $151.94 |
| 2026-04-06 | Neal Shana Carol | Tax withheld | 1.1K | — |
| 2026-03-26 | Feld Michael | Sell | 75 | $156.83 |
| 2026-03-16 | Minnix Lanesha | Grant | 7.5K | — |
| 2026-03-02 | Spikner Pamela L. | Grant | 931 | — |
| 2026-03-02 | Roque Vitor | Grant | 931 | — |
| 2026-02-26 | Feld Michael | Sell | 75 | $181.84 |
| 2026-02-18 | SCOTT BERTRAM L | Sell | 953 | $182.61 |
| 2026-02-09 | BECTON DICKINSON & CO | Other | 284.8M | — |
| 2026-01-27 | Byington Carrie L | Grant | 1.1K | — |
| 2026-01-27 | Waldstreicher Joanne | Grant | 1.1K | — |
| 2026-01-27 | Henderson Jeffrey William | Grant | 1.1K | — |
| 2026-01-27 | ECKERT R ANDREW | Grant | 1.1K | — |
| 2026-01-27 | HAYES GREGORY | Grant | 1.1K | — |
| 2026-01-27 | Brown William M | Grant | 1.1K | — |
| 2026-01-27 | Huffines Robert Luther | Grant | 1.1K | — |
| 2026-01-27 | Jones Christopher Ian Montague | Grant | 1.1K | — |
| 2026-01-27 | RING TIMOTHY M | Grant | 1.1K | — |
| 2026-01-27 | SCOTT BERTRAM L | Grant | 1.1K | — |
| 2026-01-27 | Wright Jacqueline | Grant | 1.1K | — |
| 2026-01-26 | Feld Michael | Sell | 75 | $202.73 |
| 2026-01-21 | Spikner Pamela L. | Tax withheld | 84 | — |
| 2026-01-15 | Garrison Michael David | Option exercise | 3.1K | $167.91 |
| 2026-01-15 | Garrison Michael David | Disposition | 2.5K | $209.00 |
| 2026-01-15 | Garrison Michael David | Sell | 600 | $209.00 |
| 2026-01-15 | Garrison Michael David | Sell | 1.0K | $206.54 |
| 2026-01-03 | Shan David | Tax withheld | 44 | — |
| 2025-12-26 | Feld Michael | Sell | 74 | $196.08 |
| 2025-12-17 | Garrison Michael David | Sell | 629 | $196.03 |
| 2025-12-01 | Feld Michael | Sell | 75 | $193.36 |
| 2025-12-01 | Wright Jacqueline | Grant | 180 | — |
| 2025-12-01 | Huffines Robert Luther | Grant | 180 | — |
| 2025-11-26 | Garrison Michael David | Grant | 3.0K | — |
| 2025-11-26 | Mocherla Pavan Kumar | Grant | 2.2K | — |
| 2025-11-26 | Mocherla Pavan Kumar | Grant | 708 | — |
| 2025-11-26 | Shan David | Grant | 3.5K | — |
| 2025-11-26 | Shan David | Grant | 1.0K | — |
| 2025-11-26 | Shan David | Tax withheld | 134 | — |
| 2025-11-26 | Neal Shana Carol | Grant | 6.7K | — |
| 2025-11-26 | Neal Shana Carol | Grant | 3.5K | — |
| 2025-11-26 | Neal Shana Carol | Tax withheld | 2.5K | — |
| 2025-11-26 | Goette Roland | Grant | 1.9K | — |
| 2025-11-26 | Goette Roland | Grant | 1.2K | — |
| 2025-11-26 | Goette Roland | Tax withheld | 138 | — |
| 2025-11-26 | Garrison Michael David | Grant | 7.6K | — |
| 2025-11-26 | Garrison Michael David | Tax withheld | 1.8K | — |
| 2025-11-26 | Feld Michael | Grant | 8.8K | — |
| 2025-11-26 | Feld Michael | Tax withheld | 419 | — |
| 2025-11-26 | DelOrefice Christopher | Grant | 6.0K | — |
| 2025-11-26 | DelOrefice Christopher | Tax withheld | 4.2K | — |
| 2025-11-26 | Byrd Richard | Grant | 6.4K | — |
| 2025-11-26 | Byrd Richard | Grant | 2.4K | — |
| 2025-11-26 | Byrd Richard | Tax withheld | 1.7K | — |
| 2025-11-26 | Muhsin Bilal | Grant | 9.5K | — |
| 2025-11-26 | Polen Thomas E Jr | Grant | 23K | — |
| 2025-11-26 | Polen Thomas E Jr | Tax withheld | 17K | — |
| 2025-11-26 | Spikner Pamela L. | Grant | 1.2K | — |
| 2025-11-07 | SCOTT BERTRAM L | Sell | 217 | $176.58 |
| 2025-10-27 | Feld Michael | Sell | 57 | $186.01 |
| 2025-09-26 | Feld Michael | Sell | 58 | $181.03 |
| 2025-09-10 | Fraser Claire | Sell | 917 | $187.50 |
| 2025-09-01 | DelOrefice Christopher | Tax withheld | 278 | — |
| 2025-09-01 | Byrd Richard | Tax withheld | 216 | — |
| 2025-08-22 | Feld Michael | Sell | 57 | $197.99 |
| 2025-08-20 | Feld Michael | Tax withheld | 773 | — |
| 2025-08-11 | HAYES GREGORY | Buy | 5.2K | $191.57 |
| 2025-08-08 | Fraser Claire | Sell | 863 | $192.30 |
| 2025-07-18 | Garrison Michael David | Option exercise | 6.4K | $147.68 |
| 2025-07-18 | Garrison Michael David | Disposition | 5.2K | $180.29 |
| 2025-07-18 | Garrison Michael David | Sell | 1.2K | $180.29 |
| 2025-07-18 | Garrison Michael David | Sell | 1 | $181.50 |
| 2025-07-02 | Muhsin Bilal | Grant | 12K | — |
| 2025-06-02 | Shan David | Sell | 1.2K | $171.19 |
| 2025-04-09 | Garrison Michael David | Sell | 479 | $197.28 |
| 2025-04-04 | Neal Shana Carol | Tax withheld | 1.9K | — |
| 2025-03-26 | HAYES GREGORY | Grant | 796 | — |
| 2025-03-18 | Byrd Richard | Sell | 459 | $230.00 |
| 2025-03-12 | Byrd Richard | Sell | 1.9K | $224.91 |
| 2025-03-01 | Garrison Michael David | Tax withheld | 178 | — |
| 2025-02-12 | SCOTT BERTRAM L | Sell | 700 | $227.99 |
| 2025-02-10 | Henderson Jeffrey William | Buy | 1.5K | $233.62 |
| 2025-01-28 | BURZIK CATHERINE M | Grant | 930 | — |
| 2025-01-28 | ECKERT R ANDREW | Grant | 930 | — |
| 2025-01-28 | Byington Carrie L | Grant | 930 | — |
| 2025-01-28 | Fraser Claire | Grant | 930 | — |
| 2025-01-28 | Henderson Jeffrey William | Grant | 930 | — |
| 2025-01-28 | Jones Christopher Ian Montague | Grant | 930 | — |
| 2025-01-28 | RING TIMOTHY M | Grant | 930 | — |
| 2025-01-28 | SCOTT BERTRAM L | Grant | 930 | — |
| 2025-01-28 | Waldstreicher Joanne | Grant | 930 | — |
| 2025-01-28 | Brown William M | Grant | 930 | — |
| 2025-01-21 | Shan David | Sell | 500 | $240.00 |
| 2025-01-21 | Neal Shana Carol | Sell | 787 | $240.00 |
| 2025-01-17 | Garrison Michael David | Sell | 597 | $236.51 |
| 2025-01-07 | Neal Shana Carol | Sell | 788 | $235.00 |
| 2025-01-03 | Shan David | Tax withheld | 44 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-29 | Reg FD | filing ↗ |
| 2026-05-20 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-05-12 | OtherExhibits | filing ↗ |
| 2026-05-07 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-04-29 | 5.03Exhibits | filing ↗ |
| 2026-04-09 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-02 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-29 | 2026-05-29 | 0001628280-26-039005 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0001140361-26-022270 ↗ |
| 8-K | 2026-05-12 | 2026-05-11 | 0001140361-26-020828 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0000010795-26-000026 ↗ |
| 8-K/A | 2026-05-07 | 2025-10-09 | 0001628280-26-031642 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001628280-26-031638 ↗ |
| 8-K | 2026-04-29 | 2026-04-28 | 0000010795-26-000012 ↗ |
| 8-K | 2026-04-09 | 2026-04-06 | 0001628280-26-024472 ↗ |
| 8-K | 2026-04-02 | 2026-04-02 | 0001628280-26-023185 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001140361-26-006794 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001140361-26-004601 ↗ |
| 10-Q | 2026-02-09 | 2025-12-31 | 0000010795-26-000005 ↗ |