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).

Total return — BAX vs BIO

growth of $100 · last 30y
BAX +70.8%BIO +1488.6%BIO compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$171$1,589
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 10

It depends on what you're optimizing for:

GrowthBIO(faster 5Y revenue CAGR)
QualityBIO(higher ROIC)

Valuation

MetricBAXBIO
P/E ratio47.11
Forward P/E10.8628.69
P/S ratio0.952.98
P/B ratio1.781.13
EV / EBITDA24.9518.27
FCF yield6.64%4.63%

Profitability

MetricBAXBIO
Gross margin30.11%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

MetricBAXBIO
Dividend yield0.96%

Growth (annualized)

MetricBAXBIO
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.

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.