Becton Dickinson & Co
Becton Dickinson & Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q3 | Jun 30, 2026 | 4.09% | 4.55% | — | 3.77% | 1.78% | -3.6 pp |
| FY 2026 Q2 | Mar 31, 2026 | 4.52% | 4.99% | — | 4.61% | 2.16% | -3.2 pp |
| FY 2026 Q1 | Dec 31, 2025 | 5.47% | 5.75% | 30.97% | 6.96% | 3.21% | -2.2 pp |
| FY 2025 Q4 | Sep 30, 2025 | 5.22% | 5.41% | — | 6.54% | 2.98% | -2.5 pp |
| FY 2025 Q3 | Jun 30, 2025 | 4.96% | 5.23% | 7.51% | 6.17% | 2.87% | -2.7 pp |
| FY 2025 Q2 | Mar 31, 2025 | 4.65% | 4.75% | 9.53% | 5.89% | 2.76% | -3.1 pp |
| FY 2025 Q1 | Dec 31, 2024 | 5.11% | 5.26% | 15.7% | 6.83% | 3.23% | -2.6 pp |
| FY 2024 Q4 | Sep 30, 2024 | 4.82% | 5.07% | 2.36% | 6.6% | 3.1% | -2.9 pp |
| FY 2024 Q3 | Jun 30, 2024 | 4.49% | 4.47% | — | 5.46% | 2.6% | -3.2 pp |
| FY 2024 Q2 | Mar 31, 2024 | 4.17% | 4.41% | — | 5.13% | 2.46% | -3.5 pp |
| FY 2024 Q1 | Dec 31, 2023 | 4.08% | 4.36% | — | 4.8% | 2.38% | -3.6 pp |
| FY 2023 Q4 | Sep 30, 2023 | 4.82% | 4.63% | — | 5.58% | 2.81% | -2.9 pp |
| FY 2023 Q3 | Jun 30, 2023 | 5.13% | 4.88% | -10.5% | 6.15% | 3.13% | -2.6 pp |
| FY 2023 Q2 | Mar 31, 2023 | 5.14% | 4.7% | -19.36% | 6.08% | 2.96% | -2.6 pp |
| FY 2023 Q1 | Dec 31, 2022 | 5.25% | 4.91% | -12.43% | 6.13% | 3.03% | -2.5 pp |
| FY 2022 Q4 | Sep 30, 2022 | 5.27% | 4.94% | -38.83% | 6.9% | 3.33% | -2.4 pp |
| FY 2022 Q3 | Jun 30, 2022 | 6% | 5.39% | -3.1% | 6.71% | 3.27% | -1.7 pp |
| FY 2022 Q2 | Mar 31, 2022 | 6.29% | 5.3% | 29.84% | 7.42% | 3.5% | -1.4 pp |
| FY 2022 Q1 | Dec 31, 2021 | 5.9% | 5.03% | 65.3% | 6.87% | 3.27% | -1.8 pp |
| FY 2021 Q4 | Sep 30, 2021 | 6.71% | 5.87% | 973.66% | 8.44% | 3.88% | -1 pp |
| FY 2021 Q3 | Jun 30, 2021 | 6.01% | 5.42% | — | 7.84% | 3.61% | -1.7 pp |
| FY 2021 Q2 | Mar 31, 2021 | 5.39% | 4.85% | — | 7.27% | 3.16% | -2.3 pp |
| FY 2021 Q1 | Dec 31, 2020 | 5.14% | 4.79% | — | 6.68% | 3% | -2.6 pp |
| FY 2020 Q4 | Sep 30, 2020 | 3.34% | 3.15% | — | 3.42% | 1.65% | -4.4 pp |
| FY 2020 Q3 | Jun 30, 2020 | — | 2.85% | — | 3.62% | 1.71% | — |
| FY 2020 Q2 | Mar 31, 2020 | — | 3.56% | — | 4.55% | 2.03% | — |
| FY 2020 Q1 | Dec 31, 2019 | — | 3.02% | — | 3.75% | 1.74% | — |
| FY 2019 Q4 | Sep 30, 2019 | — | 3.79% | — | 5.14% | 2.33% | — |
| FY 2019 Q3 | Jun 30, 2019 | 3.13% | 4.73% | — | 3.84% | 1.76% | -4.6 pp |
| FY 2019 Q2 | Mar 31, 2019 | 3.05% | 4.41% | — | 4.55% | 2.01% | -4.7 pp |
| FY 2019 Q1 | Dec 31, 2018 | 3% | 4.48% | — | 4.38% | 1.93% | -4.7 pp |
| FY 2018 Q4 | Sep 30, 2018 | 1.35% | 3.69% | — | 0.94% | 0.68% | -6.4 pp |
| FY 2018 Q3 | Jun 30, 2018 | 3.26% | 3.35% | — | 3.88% | 1.7% | -4.4 pp |
| FY 2018 Q2 | Mar 31, 2018 | — | 1.8% | — | -0.43% | 0.12% | — |
| FY 2018 Q1 | Dec 31, 2017 | — | 2.55% | — | 2.3% | 1.01% | — |
| FY 2017 Q4 | Sep 30, 2017 | — | 5.32% | — | 10.01% | 3.47% | — |
| FY 2017 Q3 | Jun 30, 2017 | — | 4.06% | — | 7.37% | 2.51% | — |
| FY 2017 Q2 | Mar 31, 2017 | 9.14% | 8.91% | — | 16.83% | 5.22% | 1.4 pp |
| FY 2017 Q1 | Dec 31, 2016 | 9.12% | 9.16% | — | 17.68% | 5.2% | 1.4 pp |
| FY 2016 Q4 | Sep 30, 2016 | 7.19% | 6.56% | — | 13.19% | 3.72% | -0.5 pp |
| FY 2016 Q3 | Jun 30, 2016 | 7.96% | 7.34% | — | 14.89% | 4.29% | 0.3 pp |
| FY 2016 Q2 | Mar 31, 2016 | 6.19% | 5.48% | — | 10.93% | 2.97% | -1.5 pp |
| FY 2016 Q1 | Dec 31, 2015 | 8.19% | 5.68% | -1.89% | 11.2% | 3.09% | 0.5 pp |
| FY 2015 Q4 | Sep 30, 2015 | 7.85% | 6.58% | -2.11% | 11.38% | 3.54% | 0.2 pp |
| FY 2015 Q3 | Jun 30, 2015 | — | 7.19% | — | 12.9% | 4.13% | — |
| FY 2015 Q2 | Mar 31, 2015 | — | 8.75% | — | 17.3% | 5.32% | — |
| FY 2015 Q1 | Dec 31, 2014 | — | 11.92% | — | 22.67% | 7.53% | — |
| FY 2014 Q4 | Sep 30, 2014 | 17.51% | 15.88% | 626.07% | 23.47% | 9.64% | 9.8 pp |
| FY 2014 Q3 | Jun 30, 2014 | — | 12.69% | — | 19.3% | 8.13% | — |
| FY 2014 Q2 | Mar 31, 2014 | — | 12.41% | — | 19.18% | 7.96% | — |
| FY 2014 Q1 | Dec 31, 2013 | — | 12.61% | — | — | 7.93% | — |
| FY 2013 Q4 | Sep 30, 2013 | 14.54% | 12.93% | -35.36% | 28.17% | 11% | 6.8 pp |
| FY 2013 Q3 | Jun 30, 2013 | — | 16.46% | — | — | 13.19% | — |
| FY 2013 Q2 | Mar 31, 2013 | — | 16.21% | — | — | 13.29% | — |
| FY 2013 Q1 | Dec 31, 2012 | — | 16.84% | — | — | 13.3% | — |
| FY 2012 Q4 | Sep 30, 2012 | 18.06% | 17.32% | -48.58% | 26.1% | 10.74% | 10.4 pp |
| FY 2012 Q3 | Jun 30, 2012 | — | 18.26% | — | — | 10.91% | — |
| FY 2012 Q2 | Mar 31, 2012 | — | 18.27% | — | — | 11.11% | — |
| FY 2012 Q1 | Dec 31, 2011 | — | 18.71% | — | — | 11.34% | — |
| FY 2011 Q4 | Sep 30, 2011 | 21.15% | 21.26% | 24.59% | — | 12.66% | 13.4 pp |
| FY 2011 Q3 | Jun 30, 2011 | — | 20.47% | — | — | 13.92% | — |
| FY 2011 Q2 | Mar 31, 2011 | — | 20.36% | — | — | 13.81% | — |
| FY 2011 Q1 | Dec 31, 2010 | — | 20.53% | — | — | 13.75% | — |
| FY 2010 Q4 | Sep 30, 2010 | 20.55% | 21.63% | -12.23% | — | 13.9% | 12.8 pp |
| FY 2010 Q3 | Jun 30, 2010 | — | 23.89% | — | — | 13.85% | — |
| FY 2010 Q2 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q1 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q4 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · BDX, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.