Agilent Technologies, Inc. (A) vs Thermo Fisher Scientific Inc. (TMO)

Agilent Technologies, Inc. and Thermo Fisher Scientific Inc. are both Diagnostics & Research companies. Thermo Fisher Scientific Inc. is the larger, with a market value of $257.5B against $49.5B — 5.2× the size. Agilent Technologies, Inc. trades at the lower P/E: 34.0× against 37.1×. Agilent Technologies, Inc. grew revenue faster over the last twelve months: 8.60% against 7.23%. Agilent Technologies, Inc. has the higher net margin (19.5% vs 15.0%) and the higher return on invested capital (11.1% vs 5.80%). Both pay a dividend; Agilent Technologies, Inc. yields more (0.59% vs 0.27%). Across the 23 metrics below, Agilent Technologies, Inc. leads on 15 and Thermo Fisher Scientific Inc. on 8.

Valuation

Metric A TMO Diagnostics & Research median
P/E 33.98 37.06 35.56
P/S 6.62 5.52 4.37
P/B 6.62 4.86 3.06
Price to free cash flow 38.44 34.77 35.76
EV/EBITDA 26.52 26.25 24.35
EV/Sales 6.87 6.28 5.51
Earnings yield 2.94% 2.70% (1.89%)
Free cash flow yield 2.60% 2.88% (0.15%)

Profitability

Metric A TMO Diagnostics & Research median
Gross margin 53.83% 40.80% 50.89%
Operating margin 22.23% 17.58% (8.57%)
Net margin 19.53% 15.04% (6.37%)
Free cash flow margin 17.19% 15.89% 0.00%
Return on equity 20.97% 13.51% (2.92%)
Return on assets 11.00% 6.50% (6.71%)
Return on invested capital 11.07% 5.80% 0.00%

Growth

Metric A TMO Diagnostics & Research median
Revenue growth (TTM) 8.60% 7.23% 7.69%
EPS growth (last fiscal year) 3.16% 7.32% 25.92%
Revenue growth, 5-year CAGR 5.41% 6.70% 7.40%
Net income growth, 5-year CAGR 12.63% 1.01% 0.00%

Health

Metric A TMO Diagnostics & Research median
Debt to equity 0.50 0.74 0.11
Current ratio 2.05 1.55 2.02
Net debt to EBITDA 0.71 2.45 0.70

Dividend

Metric A TMO Diagnostics & Research median
Dividend yield 0.59% 0.27% 0.66%
Payout ratio 0.20 0.10 0.20

Size

Metric A TMO Diagnostics & Research median
Market cap 49.49b 257.53b 2.16b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack