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).

Compare

Total return — BAX vs TMDX

growth of $100 · last 7y
BAX -73.9%TMDX +252.4%TMDX compounded faster
Log scale — wide-divergence pair
101001kStart $100202120232025$26$352
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 8

It depends on what you're optimizing for:

GrowthTMDX(faster 5Y revenue CAGR)
QualityTMDX(higher ROIC)

Metrics side by side

Valuation

MetricBAXTMDX
P/E ratio18.03
Forward P/E10.3638.89
P/S ratio0.904.48
P/B ratio1.705.77
PEG ratio0.05
EV / EBITDA24.2723.28
FCF yield6.97%5.31%

Profitability

MetricBAXTMDX
Gross margin30.11%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

MetricBAXTMDX
Dividend yield1.01%

Growth (annualized)

MetricBAXTMDX
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.

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.