Baxter International Inc. (BAX) vs DENTSPLY SIRONA Inc. (XRAY)

XRAY leads on 8 of 14 compared metrics.

A side-by-side comparison of Baxter International Inc. and DENTSPLY SIRONA 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 XRAY

growth of $100 · last 30y
BAX +70.8%XRAY +44.6%BAX compounded faster
2004006008001kStart $100200120062011201620212026$171$145
BAX XRAY

BAX vs XRAY: by the numbers

  • BAX is the larger company ($10.77B vs $2.02B market cap).
  • Both run net losses; BAX's is the smaller (-9.70% vs -17.06% net margin).
  • XRAY grew revenue faster over the past five years (1.12% vs -0.86% CAGR).
  • XRAY pays the higher dividend yield (4.76% vs 0.96%).

Which is better, BAX or XRAY?

Metric tally: BAX 6 · XRAY 8

It depends on what you're optimizing for:

GrowthXRAY(faster 5Y revenue CAGR)
IncomeXRAY(higher dividend yield)
QualityXRAY(higher ROIC)

Valuation

MetricBAXXRAY
Forward P/E10.867.11
P/S ratio0.950.55
P/B ratio1.781.53
EV / EBITDA24.95
FCF yield6.64%5.16%

Profitability

MetricBAXXRAY
Gross margin30.11%48.93%
Operating margin-2.65%5.87%
Net margin-9.70%-17.06%
ROE-18.17%-47.65%
ROIC-1.79%5.67%

Dividends

MetricBAXXRAY
Dividend yield0.96%4.76%

Growth (annualized)

MetricBAXXRAY
Revenue CAGR (5Y)-0.86%1.12%
EPS CAGR (5Y)11.55%-0.93%
FCF CAGR (5Y)-10.81%-29.96%
Total return CAGR (5Y)-22.43%-29.72%

Frequently asked

Which is better, BAX or XRAY?
It depends on your goal. growth: XRAY (faster 5Y revenue CAGR); income: XRAY (higher dividend yield); quality: XRAY (higher ROIC). Across all compared metrics, XRAY leads 8 to 6.
Which has grown faster, BAX or XRAY?
Over the past five years, XRAY grew revenue faster — BAX at a -0.86% CAGR versus XRAY at 1.12%.
Does BAX or XRAY pay a bigger dividend?
BAX yields 0.96% and XRAY yields 4.76% based on trailing dividends and the latest price.
Which has been the better investment, BAX or XRAY?
Over the past 10-year, BAX delivered the higher annualized total return — BAX at -5.83% versus XRAY at -15.61%. 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.