Becton, Dickinson and Company reported revenue of $21.84 billion for fiscal year 2025 (ended September 30, 2025), up 8.2% from fiscal year 2024. Net income was $1.68 billion, a net margin of 7.7%, and diluted earnings per share were $5.82.
At the end of fiscal year 2025 it had total assets of $55.33 billion, total liabilities of $29.94 billion and shareholders' equity of $25.39 billion, with cash and short-term investments of $649.00 million and total debt of $19.18 billion.
Its operations brought in $3.43 billion of cash; capital spending was $760.00 million, leaving free cash flow of $2.67 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended September 30, 2025.

Annual • USD
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $21.8B | $20.2B | $19.4B | $18.9B | $19.1B |
| Gross profit | $9.9B | $9.2B | $8.8B | $8.6B | $8.6B |
| Operating income | $3.0B | $2.4B | $2.2B | $2.3B | $2.4B |
| Net income | $1.7B | $1.7B | $1.5B | $1.8B | $2.0B |
| Diluted EPS | $5.82 | – | – | – | $6.85 |
| Total assets | $55.3B | $57.3B | $52.8B | $52.9B | $53.9B |
| Total liabilities | $29.9B | $31.4B | $27.0B | $27.7B | $30.2B |
| Shareholders' equity | $25.4B | $25.9B | $25.8B | $25.3B | $23.7B |
| Cash and short-term investments | $649.0M | – | – | – | $2.3B |
| Total debt | $19.2B | $20.1B | $15.9B | $16.1B | $17.6B |
| Operating cash flow | $3.4B | $3.8B | $3.0B | $2.6B | $4.6B |
| Capital spending | $760.0M | – | – | – | $1.2B |
| Free cash flow | $2.7B | – | – | – | $3.5B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2021.
$21.84 billion, up 8.2% from $20.18 billion in fiscal year 2024.
Becton, Dickinson and Company reported net income of $1.68 billion for fiscal year 2025 (7.7% of revenue); operating income was $2.99 billion.
At the end of fiscal year 2025: cash and short-term investments of $649.00 million and total debt of $19.18 billion.
$2.67 billion in fiscal year 2025 (operating cash flow of $3.43 billion minus capital spending of $760.00 million).