Align Technology, Inc. (ALGN) vs Baxter International Inc. (BAX)
Align Technology, Inc. and Baxter International Inc. are both Medical Instruments & Supplies companies. Baxter International Inc. is the larger, with a market value of $12.2B against $10.4B — 1.2× the size. Baxter International Inc. has negative trailing earnings, so its P/E is not meaningful; Align Technology, Inc. trades at 25.5×. Baxter International Inc. grew revenue faster over the last twelve months: 5.36% against 4.41%. Align Technology, Inc. has the higher net margin (9.99% vs −9.27%) and the higher return on invested capital (10.9% vs −1.27%). Across the 21 metrics below, Align Technology, Inc. leads on 13 and Baxter International Inc. on 8.
Valuation
Profitability
| Metric | ALGN | BAX | Medical Instruments & Supplies median |
|---|---|---|---|
| Gross margin | 68.05% | 30.08% | 54.62% |
| Operating margin | 13.23% | (2.39%) | 1.64% |
| Net margin | 9.99% | (9.27%) | 0.00% |
| Free cash flow margin | 16.32% | 7.11% | 1.61% |
| Return on equity | 10.16% | (15.78%) | 0.00% |
| Return on assets | 6.55% | (5.21%) | 0.00% |
| Return on invested capital | 10.93% | (1.27%) | 0.00% |
Growth
Health
Dividend
Size
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