Alcon (ALC) vs Baxter International Inc. (BAX)
- Alcon ALC 76.45 −1.11%
- Baxter International Inc. BAX 25.57 −3.51%
Alcon and Baxter International Inc. are both Medical Instruments & Supplies companies. Alcon is the larger, with a market value of $36.9B against $13.3B — 2.8× the size. Baxter International Inc. has negative trailing earnings, so its P/E is not meaningful; Alcon trades at 58.4×. Alcon grew revenue faster over the last twelve months: 8.34% against 5.33%. Alcon has the higher net margin (5.92% vs −6.23%) and the higher return on invested capital (2.38% vs −1.05%). Both pay a dividend; Alcon yields more (0.46% vs 0.16%). Across the 21 metrics below, Alcon leads on 16 and Baxter International Inc. on 5.
Valuation
Profitability
| Metric | ALC | BAX | Medical Instruments & Supplies median |
|---|---|---|---|
| Gross margin | 56.85% | 30.09% | 53.60% |
| Operating margin | 8.73% | (1.90%) | 1.97% |
| Net margin | 5.92% | (6.23%) | 0.00% |
| Free cash flow margin | 14.68% | 9.79% | 2.36% |
| Return on equity | 2.94% | (10.56%) | 0.00% |
| Return on assets | 2.06% | (3.57%) | 0.00% |
| Return on invested capital | 2.38% | (1.05%) | 0.13% |
Growth
Health
Dividend
Size
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