Baxter International Inc. (BAX) vs TransMedics Group, Inc. (TMDX)
TMDX leads on 8 of 12 compared metrics.
A side-by-side comparison of Baxter International Inc. and TransMedics Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
BAX
Baxter International Inc.
$19.89Healthcare
TMDX
TransMedics Group, Inc.
$78.79Healthcare
Total return — BAX vs TMDX
growth of $100 · last 7yBAX -73.9%TMDX +252.4%TMDX compounded faster
Log scale — wide-divergence pair
BAX TMDX
BAX vs TMDX: by the numbers
- •BAX is the larger company ($10.27B vs $2.72B market cap).
- •TMDX is profitable (27.04% net margin) while BAX runs a net loss (-9.70%).
- •TMDX grew revenue faster over the past five years (90.79% vs -0.86% CAGR).
- •BAX pays a dividend (1.01% yield) while TMDX does not currently pay one.
Which is better, BAX or TMDX?
Metric tally: BAX 4 · TMDX 8It depends on what you're optimizing for:
GrowthTMDX(faster 5Y revenue CAGR)
QualityTMDX(higher ROIC)
Metrics side by side
Valuation
| Metric | BAX | TMDX |
|---|---|---|
| P/E ratio | — | 18.03 |
| Forward P/E | 10.36● | 38.89 |
| P/S ratio | 0.90● | 4.48 |
| P/B ratio | 1.70● | 5.77 |
| PEG ratio | — | 0.05 |
| EV / EBITDA | 24.27 | 23.28● |
| FCF yield | 6.97%● | 5.31% |
Profitability
| Metric | BAX | TMDX |
|---|---|---|
| Gross margin | 30.11% | 59.09%● |
| Operating margin | -2.65% | 14.85%● |
| Net margin | -9.70% | 27.04%● |
| ROE | -18.17% | 34.80%● |
| ROIC | -1.79% | 10.94%● |
Dividends
| Metric | BAX | TMDX |
|---|---|---|
| Dividend yield | 1.01% | — |
Growth (annualized)
| Metric | BAX | TMDX |
|---|---|---|
| Revenue CAGR (5Y) | -0.86% | 90.79%● |
| EPS CAGR (5Y) | 11.55% | — |
| FCF CAGR (5Y) | -10.81% | — |
| Total return CAGR (5Y) | -22.91% | 21.48%● |
Frequently asked
- Which is better, BAX or TMDX?
- It depends on your goal. growth: TMDX (faster 5Y revenue CAGR); quality: TMDX (higher ROIC). Across all compared metrics, TMDX leads 8 to 4.
- Which has grown faster, BAX or TMDX?
- Over the past five years, TMDX grew revenue faster — BAX at a -0.86% CAGR versus TMDX at 90.79%.
- Does BAX or TMDX pay a bigger dividend?
- BAX pays a dividend (1.01% yield) while TMDX does not currently pay one.
- Is BAX or TMDX more profitable?
- TMDX runs the higher net margin — BAX at -9.70% versus TMDX at 27.04%.
- Which has been the better investment, BAX or TMDX?
- Over the past 5-year, TMDX delivered the higher annualized total return — BAX at -6.27% versus TMDX at 21.48%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Baxter International P/E ratioTransMedics P/E ratioBaxter International dividend yieldTransMedics dividend yieldBaxter International ROETransMedics ROEBaxter International operating marginTransMedics operating marginBaxter International revenue growthTransMedics revenue growthBaxter International free cash flowTransMedics free cash flow
Baxter International & TransMedics 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 20, 2026.