Baxter International Inc. (BAX) vs Bio-Rad Laboratories, Inc. (BIO)
BIO leads on 10 of 14 compared metrics.
A side-by-side comparison of Baxter International Inc. and Bio-Rad Laboratories, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
BAX
Baxter International Inc.
$20.86Healthcare
BIO
Bio-Rad Laboratories, Inc.
$285.94Healthcare
Total return — BAX vs BIO
growth of $100 · last 30yBAX +70.8%BIO +1488.6%BIO compounded faster
Log scale — wide-divergence pair
BAX BIO
BAX vs BIO: by the numbers
- •BAX is the larger company ($10.77B vs $7.73B market cap).
- •BIO is profitable (6.52% net margin) while BAX runs a net loss (-9.70%).
- •BAX pays a dividend (0.96% yield) while BIO does not currently pay one.
Which is better, BAX or BIO?
Metric tally: BAX 4 · BIO 10It depends on what you're optimizing for:
GrowthBIO(faster 5Y revenue CAGR)
QualityBIO(higher ROIC)
Valuation
| Metric | BAX | BIO |
|---|---|---|
| P/E ratio | — | 47.11 |
| Forward P/E | 10.86● | 28.69 |
| P/S ratio | 0.95● | 2.98 |
| P/B ratio | 1.78 | 1.13● |
| EV / EBITDA | 24.95 | 18.27● |
| FCF yield | 6.64%● | 4.63% |
Profitability
| Metric | BAX | BIO |
|---|---|---|
| Gross margin | 30.11% | 51.87%● |
| Operating margin | -2.65% | 9.25%● |
| Net margin | -9.70% | 6.52%● |
| ROE | -18.17% | 2.46%● |
| ROIC | -1.79% | 2.04%● |
Dividends
| Metric | BAX | BIO |
|---|---|---|
| Dividend yield | 0.96% | — |
Growth (annualized)
| Metric | BAX | BIO |
|---|---|---|
| Revenue CAGR (5Y) | -0.86% | -0.84%● |
| EPS CAGR (5Y) | 11.55%● | -26.27% |
| FCF CAGR (5Y) | -10.81% | -7.57%● |
| Total return CAGR (5Y) | -22.43% | -13.82%● |
Frequently asked
- Which is better, BAX or BIO?
- It depends on your goal. growth: BIO (faster 5Y revenue CAGR); quality: BIO (higher ROIC). Across all compared metrics, BIO leads 10 to 4.
- Which has grown faster, BAX or BIO?
- Over the past five years, BIO grew revenue faster — BAX at a -0.86% CAGR versus BIO at -0.84%.
- Does BAX or BIO pay a bigger dividend?
- BAX pays a dividend (0.96% yield) while BIO does not currently pay one.
- Is BAX or BIO more profitable?
- BIO runs the higher net margin — BAX at -9.70% versus BIO at 6.52%.
- Which has been the better investment, BAX or BIO?
- Over the past 10-year, BIO delivered the higher annualized total return — BAX at -5.83% versus BIO at 6.91%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Baxter International P/E ratioBio-Rad Laboratories P/E ratioBaxter International dividend yieldBio-Rad Laboratories dividend yieldBaxter International ROEBio-Rad Laboratories ROEBaxter International operating marginBio-Rad Laboratories operating marginBaxter International revenue growthBio-Rad Laboratories revenue growthBaxter International free cash flowBio-Rad Laboratories free cash flow
Baxter International & Bio-Rad Laboratories appear in these rankings
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 14, 2026.