Align Technology, Inc. (ALGN) vs Baxter International Inc. (BAX)

ALGN leads on 8 of 13 compared metrics.

A side-by-side comparison of Align Technology, Inc. and Baxter International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ALGN vs BAX

growth of $100 · last 25y
ALGN +936.1%BAX -12.2%ALGN compounded faster
Log scale — wide-divergence pair
1101001k10kStart $10020062011201620212026$1,036$88
ALGN BAX

ALGN vs BAX: by the numbers

  • ALGN is the larger company ($12.52B vs $10.77B market cap).
  • ALGN is profitable (10.50% net margin) while BAX runs a net loss (-9.70%).
  • ALGN grew revenue faster over the past five years (7.78% vs -0.86% CAGR).
  • BAX pays a dividend (0.96% yield) while ALGN does not currently pay one.

Which is better, ALGN or BAX?

Metric tally: ALGN 8 · BAX 5

It depends on what you're optimizing for:

GrowthALGN(faster 5Y revenue CAGR)
QualityALGN(higher ROIC)

Valuation

MetricALGNBAX
P/E ratio29.34
Forward P/E15.3710.86
P/S ratio3.060.95
P/B ratio3.021.78
PEG ratio51.80
EV / EBITDA14.5524.95
FCF yield5.48%6.64%

Profitability

MetricALGNBAX
Gross margin67.68%30.11%
Operating margin14.44%-2.65%
Net margin10.50%-9.70%
ROE10.36%-18.17%
ROIC9.94%-1.79%

Dividends

MetricALGNBAX
Dividend yield0.96%

Growth (annualized)

MetricALGNBAX
Revenue CAGR (5Y)7.78%-0.86%
EPS CAGR (5Y)-24.16%11.55%
FCF CAGR (5Y)-1.16%-10.81%
Total return CAGR (5Y)-22.14%-22.43%

Frequently asked

Which is better, ALGN or BAX?
It depends on your goal. growth: ALGN (faster 5Y revenue CAGR); quality: ALGN (higher ROIC). Across all compared metrics, ALGN leads 8 to 5.
Which has grown faster, ALGN or BAX?
Over the past five years, ALGN grew revenue faster — ALGN at a 7.78% CAGR versus BAX at -0.86%.
Does ALGN or BAX pay a bigger dividend?
BAX pays a dividend (0.96% yield) while ALGN does not currently pay one.
Is ALGN or BAX more profitable?
ALGN runs the higher net margin — ALGN at 10.50% versus BAX at -9.70%.
Which has been the better investment, ALGN or BAX?
Over the past 10-year, ALGN delivered the higher annualized total return — ALGN at 8.29% versus BAX at -5.83%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.