Which has the lower trailing P/E, BDX or WAT?

BDX has the lower trailing P/E: BDX trades at 53.25 and WAT at 106.04. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, BDX or WAT?

Over the past five years, WAT grew revenue faster — BDX at a 1.22% CAGR versus WAT at 11.70%.

Does BDX or WAT pay a bigger dividend?

BDX pays a dividend (2.25% yield), while WAT is a former payer with no current dividend run rate.

Is BDX or WAT more profitable?

BDX runs the higher net margin — BDX at 4.52% versus WAT at 3.58%.

How have BDX and WAT total returns compared?

Over the past 10 years, BDX delivered 4.17% and WAT delivered 10.37% annualized total return. Past performance doesn't predict future results.

Becton, Dickinson and Company (BDX) vs Waters Corporation (WAT)

A side-by-side comparison of Becton, Dickinson and Company and Waters Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.

BDX

Becton, Dickinson and Company

$48.72B

$176.80HealthcareDelayed quote: Oct 2, 2026, 4:00 PM EDT

WAT

Waters Corporation

$41.75B

$425.21HealthcareDelayed quote: Oct 2, 2026, 3:59 PM EDT

Total return — BDX vs WAT

growth of $100 · dividends reinvested · last 10y

BDX +55.4% (+4.5%/yr)WAT +171.1% (+10.5%/yr)WAT compounded faster over this window

BDX WAT

BDX vs WAT: by the numbers

•BDX is the larger company ($48.72B vs $41.75B market cap).
•BDX trades at the lower trailing earnings multiple (53.25 vs 106.04 P/E), one valuation lens rather than an overall verdict.
•BDX converts more revenue to profit (4.52% vs 3.58% net margin).
•WAT grew revenue faster over the past five years (11.70% vs 1.22% CAGR).
•BDX pays a dividend (2.25% yield), while WAT is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	BDX	WAT
P/E ratio	53.25	106.04
Forward P/E	13.35	29.18
PEG ratio	3.22	20.47
P/S ratio	2.34	8.99
P/B ratio	2.00	2.75
EV / EBITDA	11.77	50.07
FCF yield	5.35%	0.95%

Profitability

Metric	BDX	WAT
Gross margin	46.12%	50.78%
Operating margin	9.83%	28.22%
Net margin	4.52%	3.58%
ROE	3.85%	1.09%
ROIC	3.72%	1.34%

Dividends

Metric	BDX	WAT
Dividend yield	2.25%	N/A
Payout ratio	119.73%	N/A

Growth (annualized)

Metric	BDX	WAT
Revenue CAGR (5Y)	1.22%	11.70%
EPS CAGR (5Y)	16.26%	5.16%
FCF CAGR (5Y)	-9.10%	-9.10%
Total return CAGR (5Y)	0.64%	3.63%

Frequently asked

Which has the lower trailing P/E, BDX or WAT?: BDX has the lower trailing P/E: BDX trades at 53.25 and WAT at 106.04. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BDX or WAT?: Over the past five years, WAT grew revenue faster — BDX at a 1.22% CAGR versus WAT at 11.70%.
Does BDX or WAT pay a bigger dividend?: BDX pays a dividend (2.25% yield), while WAT is a former payer with no current dividend run rate.
Is BDX or WAT more profitable?: BDX runs the higher net margin — BDX at 4.52% versus WAT at 3.58%.
How have BDX and WAT total returns compared?: Over the past 10 years, BDX delivered 4.17% and WAT delivered 10.37% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BDX analysis Full WAT analysis Interactive comparison tool

Dig into the metrics

Becton, Dickinson P/E ratio Waters P/E ratio Becton, Dickinson dividend yield Becton, Dickinson ROE Waters ROE Becton, Dickinson operating margin Waters operating margin Becton, Dickinson revenue growth Waters revenue growth Becton, Dickinson free cash flow Waters free cash flow

Becton, Dickinson & Waters appear in these rankings

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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 October 4, 2026.