Saturday 17 October 2026
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Bausch + Lomb Corporation
BLCO Healthcare Medical Instruments & Supplies
Bausch + Lomb Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 6.47% from fiscal 2024. In the quarter to June 2026, revenue grew 9.08%, EPS grew 77.8%, free cash flow grew 251.9% and total debt rose 3.15%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.
16.40
0.26
−1.56%
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Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 12.20 | 14.64 | 13.16 | 10.45 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | 20.20 | 21.95 | 21.69 | 18.55 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 12,500 | 12,900 | 13,300 | 13,500 | 13,000 | ||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.30 | 0.29 | 0.31 | 0.35 | 0.39 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | 3,412 | 3,765 | 3,768 | 4,146 | 4,791 | 5,101 | ||||
| Gross margin, % | — | — | — | — | 62.34 | 61.04 | 59.69 | 60.40 | 60.93 | 59.81 | |||||
| EBT | — | — | — | — | 290 | 318 | 73 | (166) | (234) | (317) | |||||
| EBT margin, % | — | — | — | — | 8.50 | 8.45 | 1.94 | (4.00) | (4.88) | (6.21) | |||||
| Net income | — | — | — | — | (17) | 193 | 15 | (248) | (305) | (352) | |||||
| Depreciation | — | — | — | — | 442 | 415 | 387 | 412 | 456 | 439 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 9.75 | 10.76 | 10.77 | 11.83 | 13.62 | 14.42 | ||||
| Earnings | — | — | — | — | (0.05) | 0.55 | 0.02 | (0.74) | (0.90) | (1.02) | |||||
| Cash flow | — | — | — | — | 1.49 | 2.49 | 0.99 | (0.05) | 0.66 | 0.80 | |||||
| Capex | — | — | — | — | (0.74) | (0.60) | (0.50) | (0.52) | (0.83) | (0.99) | |||||
| Free cash flow | — | — | — | — | 0.75 | 1.90 | 0.49 | (0.56) | (0.17) | (0.19) | |||||
| Book value | — | — | — | — | 28.54 | 26.86 | 20.29 | 19.74 | 18.60 | 18.43 | |||||
| Shares, m | — | — | — | — | 350 | 350 | 350 | 351 | 352 | 354 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | 38.04 | 38.04 | 786.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | 1.86 | 1.86 | 1.46 | 1.43 | 1.33 | 1.18 | |||||
| P/B | — | — | — | — | 0.97 | 0.97 | 0.77 | 0.86 | 0.97 | 0.93 | |||||
| EV/Sales | — | — | — | — | 2.39 | 2.39 | 2.01 | 2.45 | 2.26 | 2.10 | |||||
| EV/FCF | — | — | — | — | 18.13 | 18.13 | 50.72 | (45.55) | (128.83) | (117.89) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 522 | 873 | 345 | (17) | 232 | 283 | ||||
| Capex | — | — | — | — | (259) | (209) | (175) | (181) | (291) | (349) | |||||
| Free cash flow | — | — | — | — | 263 | 664 | 170 | (198) | (59) | (66) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 745 | 536 | 841 | 1,163 | 1,050 | 1,057 | ||||
| Total debt | — | — | — | — | — | — | 2,436 | 4,562 | 4,784 | 5,082 | |||||
| Net debt | — | — | — | — | (238) | (177) | 2,056 | 4,228 | 4,468 | 4,685 | |||||
| Shareholders’ equity | — | — | — | — | 9,988 | 9,402 | 7,101 | 6,920 | 6,544 | 6,519 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | 1.65 | 0.05 | (2.12) | (2.36) | (2.62) | ||||
| ROIC | — | — | — | — | 1.67 | 2.23 | 1.41 | 0.73 | 0.92 | 0.63 | |||||
| ROE | — | — | — | — | 0.00 | 1.88 | 0.07 | (3.71) | (4.71) | (5.51) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Bausch + Lomb Corporation vs peers in Medical Instruments & Supplies (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ALGN Align Technology, Inc. | $10.6B | 25.6× | 20.7× | +4.32% (above 0%: growing) | −12.21% (below 0%: shrinking) | +85.77% (above 0%: growing) | 71.71% | 14.58% | Compare |
| ATR AptarGroup, Inc. | $7.9B | 22.2× | 21.0× | +6.26% (above 0%: growing) | −18.34% (below 0%: shrinking) | −23.07% (below 0%: shrinking) | 35.61% | 12.34% | Compare |
| BLCO Bausch + Lomb Corporation | $6.0B | — (loss-making) | — (loss-making) | +9.08% (above 0%: growing) | n/m | +251.85% (above 0%: growing) | 62.20% | 5.95% | |
| TFX Teleflex Incorporated | $5.4B | — (loss-making) | 45.3× | +28.88% (above 0%: growing) | −17.33% (below 0%: shrinking) | +220.14% (above 0%: growing) | 58.16% | 12.77% | Compare |
| MMSI Merit Medical Systems, Inc. | $5.4B | 36.4× | 23.4× | +9.51% (above 0%: growing) | +18.18% (above 0%: growing) | −25.66% (below 0%: shrinking) | 51.37% | 14.42% | Compare |
| STVN Stevanato Group S.p.A. | $5.3B | 33.8× | 27.5× | +10.46% (above 0%: growing) | −25.00% (below 0%: shrinking) | −167.02% (below 0%: shrinking) | 28.75% | 12.93% | Compare |
| ICUI ICU Medical, Inc. | $4.2B | 136× | 49.5× | +0.51% (above 0%: growing) | −46.85% (below 0%: shrinking) | +655.98% (above 0%: growing) | 42.61% | 7.09% | Compare |
| NVST Envista Holdings Corporation | $3.8B | 38.8× | 24.4× | +7.10% (above 0%: growing) | +106.25% (above 0%: growing) | +37.57% (above 0%: growing) | 55.72% | 10.99% | Compare |
| PLSE Pulse Biosciences, Inc | $3.3B | — (loss-making) | — (loss-making) | +4,922.22% (above 0%: growing) | n/m | −45.39% (below 0%: shrinking) | 37.10% | (5,823.04%) | Compare |
| Median of peers | $5.3B | 35.1× | 24.4× | +8.31% | −17.33% | +7.25% | 46.99% | 12.56% |
Bausch + Lomb Corporation (BLCO) key facts
- Strength: Bausch + Lomb Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 6.47% from fiscal 2024.
- Bausch + Lomb Corporation (BLCO) is a Medical Instruments & Supplies company in the Healthcare sector, listed on the New York Stock Exchange.
- As of October 16, 2026, BLCO traded at $16.40, a market capitalization of $6.0 billion.
- Return on equity was −5.51% and debt-to-equity 0.79.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.87 (distress zone) for fiscal 2025.