Becton, Dickinson and (BDX) 10-K Summary — Year Ended Sep 30, 2024
Becton, Dickinson and Company reported a revenue increase for the most recent fiscal year compared to the prior year. The company's operating cash flow was supported by net income and favorable changes in working capital.
Key takeaway
Year ended Sep 30, 2024 · FY2025 10-K
Becton, Dickinson and Company reported a revenue increase for the most recent fiscal year compared to the prior year. The company's operating cash flow was supported by net income and favorable changes in working capital.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$20.2B
Revenue reported for the fiscal year.
Operating income
$2.4B
Income from operations reported for the year.
Net income
$1.7B
Net income reported for the year.
Operating cash flow
n/a
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2021 | $19.1B | n/a |
| Sep 30, 2022 | $18.9B | -1.4% |
| Sep 30, 2023 | $19.4B | +2.7% |
| Sep 30, 2024 | $20.2B | +4.2% |
Business overview
The company is a global medical technology firm that develops, manufactures, and sells medical devices, instrument systems, and reagents. Its business overview section references risk factors, executive officers, and cybersecurity matters.
Financial performance
Revenue increased over the prior year, while operating income and net income were reported at specific levels. Operating cash flow was driven by net income and changes in operating assets and liabilities, including higher accounts payable and lower inventory.
Material risks
The filing references risk factors but does not provide specific details in the supplied context. Readers should refer to the full risk factors section for material risks.
Liquidity and capital
The company believes its cash, operating cash flow, and borrowing capacity provide sufficient liquidity for foreseeable needs. Operating cash flow in the most recent year was used partly for a discretionary pension contribution.
What to watch
Monitor changes in inventory levels and trade receivables, as they were noted as significant factors in operating cash flow.