BDX Becton Dickinson

FY2025 10-K
Filed: Nov 25, 2025
Health Care
Surgical & Medical Instruments & ApparatusSEC EDGAR

Becton Dickinson (BDX) filed its fiscal year 2025 10-K annual report with the SEC on Nov 25, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Development and marketing of medical devices with focus on patient and medication delivery solutions
  • New emphasis: Remediation and U.S. market return of BD Alaris™ Infusion System post FDA 510(k) clearance July 2023
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Management Discussion & Analysis

  • Total revenue $23.5B, up 6% YoY driven by Medical segment growth
  • Operating margin 18.9%, down from 20.3% YoY due to higher input costs
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Risk Factors

  • FDA Consent Decree on U.S. infusion pump business, risk of manufacturing suspension and significant monetary damages if violated
  • Geopolitical exposure to ongoing conflicts in Ukraine, Middle East, and Asia impacting international operations and supply chains
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Financial Summary
XBRL

Revenue

$21.8B

Net Income

$1.7B

Operating Margin

11.8%

Net Margin

7.7%

ROE

6.6%

Total Assets

$55.3B

EPS (Diluted)

$5.82

Operating Cash Flow

$3.4B

Source: XBRL data from Becton Dickinson FY2025 10-K filing on SEC EDGAR. All figures in USD.

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