A vs CDXS Stock Comparison

Agilent Technologies and Codexis Prices as of Oct 27, 2026 Peers: Industry group
A Agilent Technologies, Inc.
$177.48 +2.7% 1M +21.1% 1Y
Market cap
$50.04B
P/E
34.8x
Revenue (TTM)
$7.37B
Div. yield
0.58%
Life Sciences Tools Healthcare
7 wins
CDXS Codexis, Inc.
$1.28 -3.0% 1M -50.8% 1Y
Market cap
$116.98M
P/E
–
Revenue (TTM)
$77.68M
Div. yield
–
Life Sciences Tools Healthcare
2 wins

Head to Head

9 decided of 12

Agilent Technologies leads on 7 of the 12 questions below (Agilent Technologies 7, Codexis 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionACDXSLeader
Larger companyMarket capitalisation $50.04B $116.98M A
Cheaper on earningsLower P/E, profitable companies only 34.8x -3.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.1x — –
Faster revenue growthRevenue growth, trailing twelve months +8.6% +35.9% CDXS
More profitableNet margin, trailing twelve months 19.5% -39.6% A
Better return on capitalReturn on invested capital 13.1% -35.1% A
Less leveragedLower net debt / EBITDA 1.1x 0.7x CDXS
Higher dividend yieldTrailing dividend yield 0.58% — –
Better 1-year returnPrice return, last 12 months +21.1% -50.8% A
Better 5-year returnAnnualised price return, 5 years +2.6%/yr -48.4%/yr A
Less volatileAnnualised volatility, 1 year 32.4% 86.7% A
Higher overall scoreMean of the five percentile scores vs peers 62/100 45/100 A

Percentile Scorecard

ACDXS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisACDXS
Valuation 58 #97 of 227 40 #137 of 227
Growth 38 #137 of 219 67 #73 of 219
Profitability 91 #20 of 206 43 #117 of 206
Financial Health 55 #107 of 238 30 #166 of 238
Shareholder Returns 71 #40 of 134 42 #78 of 134
Overall 62 45
  • A ranked among 247 companies in Medical Devices and Diagnostics
  • CDXS ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodACDXSSPY
1 month +2.7%-3.0% -0.2%
3 months +26.3%-14.7% +3.9%
6 months +54.5%-54.6% +8.2%
Year to date +30.4%-21.5% +12.9%
1 year +21.1%-50.8% +12.3%
3 years +72.7%-17.4% +87.4%
3 years, per year +20.0%-6.2% +23.3%
5 years +13.9%-96.3% +67.9%
5 years, per year +2.6%-48.4% +10.9%
10 years +309.1%-71.6% +261.1%
10 years, per year +15.1%-11.8% +13.7%

Risk

MeasureACDXSSPY
Volatility, 1Y 32.4%86.7% 12.7%
Downside volatility, 1Y 27.5%91.1% 12.7%
Beta vs S&P 500, 1Y 0.881.85 1.00
Return / volatility, 1Y 0.65-0.59 0.97
Max drawdown, 5Y -39.6%-97.7% -25.4%
From 52-week high -0.1%-55.1% -1.2%
52-week high $177.72$2.85 $779.14
52-week low $110.24$0.98 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleACDXS
P/E now vs peer median 34.8xmedian 29.6x -3.8xmedian 29.6x
P/S now vs peer median 6.8xmedian 2.9x 1.5xmedian 2.9x
EV/EBITDA now vs peer median 27.3xmedian 17.4x -4.9xmedian 17.4x
P/FCF now vs peer median 39.5xmedian 22.3x -9.6xmedian 22.3x
P/B now vs peer median 6.8xmedian 2.3x 3.5xmedian 2.3x
PEG now vs peer median 3.54median 1.04 -0.14median 1.04

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsACDXS
Revenue $7.37B $77.68M
Gross profit $3.97B $67.60M
Operating income $1.64B -$27.66M
Net income $1.44B -$30.72M
Free cash flow $1.27B -$12.18M
R&D $485.00M $48.74M
EPS (diluted) $5.09 $-0.34
Cash & equivalents $1.76B $27.17M
Total debt $3.95B $40.88M
Shares (diluted) 283.00M 91.05M
Enterprise value $42.93B -$140.07M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricACDXS
P/E 34.8x -3.8x
P/FCF 39.5x -9.6x
P/Operating cash flow 31.1x -11.2x
P/S 6.8x 1.5x
P/B 6.8x 3.5x
P/Tangible book 7.8x 3.5x
EV/EBITDA 27.3x -4.9x
EV/EBIT 31.9x -3.7x
EV/Revenue 7.1x 1.3x
EV/FCF 41.2x -8.5x
EV/Operating cash flow 32.5x -9.9x
PEG (3Y EPS CAGR) 3.54 -0.14

Growth

14 metrics
MetricACDXS
Revenue growth (1Y) 8.6% 35.9%
Revenue CAGR (3Y) 1.8% -7.8%
Gross profit growth (1Y) 11.2% 52.4%
Gross profit CAGR (3Y) 3.7% -2.6%
Operating income growth (1Y) 13.5% 51.7%
Operating income CAGR (3Y) 5.1% 22.8%
Net income growth (1Y) 18.0% 52.7%
Net income CAGR (3Y) 8.3% 18.5%
EPS growth (1Y) 18.9% 55.7%
EPS CAGR (3Y) 9.8% 26.2%
Operating cash flow growth (1Y) 7.6% 83.0%
Operating cash flow CAGR (3Y) -1.9% -152.3%
Free cash flow growth (1Y) 16.5% 82.0%
Free cash flow CAGR (3Y) -3.7% -26.3%

Profitability

14 metrics
MetricACDXS
Gross margin 53.8% 87.0%
EBITDA margin 25.9% -27.0%
Operating margin 22.2% -35.6%
Pretax margin 22.5% -39.5%
Net margin 19.5% -39.6%
FCF margin 17.2% -15.7%
Operating cash flow margin 21.8% -13.4%
Return on equity 19.9% -80.6%
Return on assets 10.7% -24.6%
Return on invested capital 13.1% -35.1%
Return on capital employed 14.6% -27.3%
Asset turnover 0.5x 0.6x
Cash conversion (OCF / net income) 1.1x 0.3x
Stock comp / revenue 1.8% 9.9%

Financial Health

11 metrics
MetricACDXS
Debt / assets 28.3% 34.0%
Debt / equity 0.5x 1.2x
Net debt / EBITDA 1.1x 0.7x
Debt / FCF 3.1x -3.4x
Liabilities / assets 47.3% 72.5%
Equity / assets 52.7% 27.5%
Interest coverage 15.5x –
Current ratio 2.1x 3.1x
Quick ratio 1.4x 2.9x
Cash ratio 0.8x 2.3x
Altman Z-score 5.86 -6.14

Shareholder Returns

7 metrics
MetricACDXS
Dividend yield 0.6% –
Net buyback yield 0.6% -0.3%
Shareholder yield 1.2% -0.3%
Payout ratio (earnings) 19.9% –
Payout ratio (FCF) 22.6% –
Dividend growth (1Y) 2.1% –
Dividend CAGR (3Y) 3.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusACDXS
Forward P/E 27.1xFY2026 –
EPS, next fiscal year $6.54FY2026 $-0.37FY2026
EPS growth, next FY +17.0%FY2026 –
EPS growth, the year after +0.3% –
Revenue, next fiscal year $7.87BFY2026 $77.93MFY2026
Revenue growth, next FY +15.3%FY2026 +10.7%FY2026
Revenue growth, the year after -5.6% +9.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersACDXS
Held by institutions 92.6% 71.0%
Institutions holding 1,123 148
Change in shares held, QoQ +3.2% -2.4%
Institutions buying 600 88
Institutions selling 350 36
Buyers to sellers 1.71 2.44

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ACDXS
A 1.00 0.12
CDXS 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, A and CDXS?

Agilent Technologies (A) is the largest by market capitalisation: Agilent Technologies (A) $50.04B, Codexis (CDXS) $116.98M.

Which company is growing faster?

Codexis (CDXS) grew revenue fastest over the trailing twelve months: Agilent Technologies (A) +8.6%, Codexis (CDXS) +35.9%.

Which company is more profitable?

Agilent Technologies (A) has the highest net margin (Agilent Technologies (A) 19.5%, Codexis (CDXS) -39.6%). On return on invested capital, Agilent Technologies (A) leads (Agilent Technologies (A) 13.1%, Codexis (CDXS) -35.1%).

Which stock has performed better?

Over the past year Agilent Technologies (A) returned the most: Agilent Technologies (A) +21.1%, Codexis (CDXS) -50.8%. Over five years, Agilent Technologies (A) compounded fastest (Agilent Technologies (A) +2.6%/yr, Codexis (CDXS) -48.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Agilent Technologies (A) 0.58%. Codexis (CDXS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Agilent Technologies (A) has been the steadiest (Agilent Technologies (A) 32.4%, Codexis (CDXS) 86.7%). Volatility measures how widely the price swings, not the risk of the business.

Do A and CDXS move together?

Their daily returns over the past year have a correlation of 0.12, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, A and CDXS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Agilent Technologies (A) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.