ABT vs ALC vs BVS Stock Comparison

Abbott Laboratories, Alcon and Bioventus Prices as of Oct 27, 2026 Peers: Industry group
ABT Abbott Laboratories
$103.13 +1.8% 1M -18.9% 1Y
Market cap
$178.45B
P/E
38.2x
Revenue (TTM)
$48.23B
Div. yield
2.44%
Medical Devices Healthcare
5 wins
ALC Alcon Inc
$69.42 +7.7% 1M -8.8% 1Y
Market cap
$33.84B
P/E
53.2x
Revenue (TTM)
$10.80B
Div. yield
0.40%
Medical Devices Healthcare
BVS Bioventus Inc.
$14.42 +4.4% 1M +114.9% 1Y
Market cap
$1.21B
P/E
18.0x
Revenue (TTM)
$581.85M
Div. yield
–
Medical Devices Healthcare
6 wins

Head to Head

11 decided of 12

Bioventus leads on 6 of the 12 questions below (Bioventus 6, Abbott Laboratories 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionABTALCBVSLeader
Larger companyMarket capitalisation $178.45B $33.84B $1.21B ABT
Cheaper on earningsLower P/E, profitable companies only 38.2x 53.2x 18.0x BVS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.1x 21.6x 19.2x ABT
Faster revenue growthRevenue growth, trailing twelve months +10.0% +8.5% +3.1% ABT
More profitableNet margin, trailing twelve months — 6.0% 9.4% BVS
Better return on capitalReturn on invested capital — 3.6% 11.3% BVS
Less leveragedLower net debt / EBITDA — — 2.1x –
Higher dividend yieldTrailing dividend yield 2.44% 0.40% 0.00% ABT
Better 1-year returnPrice return, last 12 months -18.9% -8.8% +114.9% BVS
Better 5-year returnAnnualised price return, 5 years -4.2%/yr -3.5%/yr -0.7%/yr BVS
Less volatileAnnualised volatility, 1 year 27.4% 28.6% 50.7% ABT
Higher overall scoreMean of the five percentile scores vs peers 60/100 68/100 72/100 BVS

Percentile Scorecard

ABTALCBVS

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

AxisABTALCBVS
Valuation 74 #60 of 227 79 #48 of 227 94 #14 of 227
Growth 17 #181 of 219 48 #114 of 219 93 #17 of 219
Profitability – 76 #50 of 206 90 #22 of 206
Financial Health – 60 #96 of 238 28 #171 of 238
Shareholder Returns 90 #15 of 134 74 #35 of 134 55 #61 of 134
Overall 60 68 72
  • ABT ranked among 247 companies in Medical Devices and Diagnostics
  • ALC ranked among 247 companies in Medical Devices and Diagnostics
  • BVS 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

PeriodABTALCBVSSPY
1 month +1.8%+7.7%+4.4% -0.2%
3 months -3.9%+0.4%+9.2% +3.9%
6 months +9.9%-7.9%+44.8% +8.2%
Year to date -17.7%-11.9%+93.8% +12.9%
1 year -18.9%-8.8%+114.9% +12.3%
3 years +11.1%-0.9%+338.3% +87.4%
3 years, per year +3.6%-0.3%+63.7% +23.3%
5 years -19.2%-16.1%-3.7% +67.9%
5 years, per year -4.2%-3.5%-0.7% +10.9%
10 years +156.0%—— +261.1%
10 years, per year +9.9%—— +13.7%

Risk

MeasureABTALCBVSSPY
Volatility, 1Y 27.4%28.6%50.7% 12.7%
Downside volatility, 1Y 27.5%28.8%47.4% 12.7%
Beta vs S&P 500, 1Y -0.010.380.62 1.00
Return / volatility, 1Y -0.69-0.312.27 0.97
Max drawdown, 5Y -41.6%-38.4%-94.5% -25.4%
From 52-week high -21.0%-20.4%-5.5% -1.2%
52-week high $130.59$87.18$15.26 $779.14
52-week low $82.56$62.02$6.53 $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.

MultipleABTALCBVS
P/E now vs peer median 38.2xmedian 29.6x 53.2xmedian 29.6x 18.0xmedian 29.6x
P/S now vs peer median 3.7xmedian 2.9x 3.1xmedian 2.9x 2.1xmedian 2.9x
EV/EBITDA now vs peer median —median 17.4x —median 17.4x 13.8xmedian 17.4x
P/FCF now vs peer median 22.3xmedian 22.3x 19.4xmedian 22.3x 12.8xmedian 22.3x
P/B now vs peer median —median 2.3x 1.6xmedian 2.3x 4.4xmedian 2.3x
PEG now vs peer median -12.85median 1.04 2.54median 1.04 0.61median 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 monthsABTALCBVS
Revenue $48.23B $10.80B $581.85M
Gross profit – $6.17B $399.45M
Operating income $6.65B $948.00M $58.28M
Net income – $643.00M $61.48M
Free cash flow – $1.74B $94.29M
R&D $3.31B $1.43B $11.57M
EPS (diluted) $2.70 $1.30 $0.77
Cash & equivalents – $1.36B $29.46M
Total debt – $4.72B $248.45M
Shares (diluted) 1.74B 496.20M 70.84M
Enterprise value $178.45B $24.80B $1.10B

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
MetricABTALCBVS
P/E 38.2x 53.2x 18.0x
P/FCF 22.3x 19.4x 12.8x
P/Operating cash flow – 14.6x 12.5x
P/S 3.7x 3.1x 2.1x
P/B – 1.6x 4.4x
P/Tangible book – 2.5x -16.4x
EV/EBITDA – – 13.8x
EV/EBIT – 38.4x 24.5x
EV/Revenue 3.7x 3.4x 2.5x
EV/FCF – 20.9x 15.2x
EV/Operating cash flow – 15.8x 14.8x
PEG (3Y EPS CAGR) -12.85 2.54 0.61

Growth

14 metrics
MetricABTALCBVS
Revenue growth (1Y) 10.0% 8.5% 3.1%
Revenue CAGR (3Y) 6.5% 5.9% 4.4%
Gross profit growth (1Y) – 11.7% 4.7%
Gross profit CAGR (3Y) – 7.3% 7.5%
Operating income growth (1Y) -13.8% -34.3% 68.5%
Operating income CAGR (3Y) 3.5% 7.5% 31.2%
Net income growth (1Y) – -40.1% 12,370%
Net income CAGR (3Y) – 21.1% 29.4%
EPS growth (1Y) -66.2% -40.7% 7,309%
EPS CAGR (3Y) -3.0% 21.0% 29.5%
Operating cash flow growth (1Y) – 10.3% 167.3%
Operating cash flow CAGR (3Y) – 25.9% 69.2%
Free cash flow growth (1Y) – 7.5% 176.5%
Free cash flow CAGR (3Y) – 48.0% 71.9%

Profitability

14 metrics
MetricABTALCBVS
Gross margin – 57.2% 68.7%
EBITDA margin – – 17.8%
Operating margin – 8.8% 10.0%
Pretax margin – 6.9% 6.6%
Net margin – 6.0% 9.4%
FCF margin – 16.1% 16.2%
Operating cash flow margin – 21.4% 16.6%
Return on equity – 2.9% 24.0%
Return on assets – 2.1% 9.3%
Return on invested capital – 3.6% 11.3%
Return on capital employed – 3.4% 11.4%
Asset turnover – 0.3x 0.9x
Cash conversion (OCF / net income) – 3.6x 1.6x
Stock comp / revenue – 1.6% 2.6%

Financial Health

11 metrics
MetricABTALCBVS
Debt / assets – 15.2% 36.9%
Debt / equity – 0.2x 0.9x
Net debt / EBITDA – – 2.1x
Debt / FCF – 2.7x 2.6x
Liabilities / assets – 30.6% 58.8%
Equity / assets – 69.4% 41.2%
Interest coverage – 9.2x –
Current ratio – 2.1x 1.7x
Quick ratio – 1.3x 1.1x
Cash ratio – 0.7x 0.2x
Altman Z-score – – 2.55

Shareholder Returns

7 metrics
MetricABTALCBVS
Dividend yield 2.4% 0.4% –
Net buyback yield – 2.7% -0.1%
Shareholder yield 2.4% 3.1% -0.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusABTALCBVS
Forward P/E 18.1xFY2026 21.6xFY2026 19.2xFY2026
EPS, next fiscal year $5.69FY2026 $3.22FY2026 $0.75FY2026
EPS growth, next FY +10.5%FY2026 +7.7%FY2026 +10.3%FY2026
EPS growth, the year after +10.4% +15.5% +30.7%
Revenue, next fiscal year $53.00BFY2026 $10.50BFY2026 $632.22MFY2026
Revenue growth, next FY +19.5%FY2026 +4.3%FY2026 +11.3%FY2026
Revenue growth, the year after -2.2% +8.1% -2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersABTALCBVS
Held by institutions 79.2% 48.8% 64.1%
Institutions holding 2,979 629 156
Change in shares held, QoQ +0.3% +5.3% +5.8%
Institutions buying 1,259 225 101
Institutions selling 1,377 274 37
Buyers to sellers 0.91 0.82 2.73

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.

ABTALCBVS
ABT 1.00 0.43 0.28
ALC 0.43 1.00 0.27
BVS 0.28 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ABT, ALC and BVS?

Abbott Laboratories (ABT) is the largest by market capitalisation: Abbott Laboratories (ABT) $178.45B, Alcon (ALC) $33.84B, Bioventus (BVS) $1.21B.

Which stock is cheaper, ABT, ALC and BVS?

Bioventus (BVS) trades on the lowest price-to-earnings ratio (Abbott Laboratories (ABT) 38.2x, Alcon (ALC) 53.2x, Bioventus (BVS) 18.0x). On next year's consensus earnings, Abbott Laboratories (ABT) is cheapest (Abbott Laboratories (ABT) 18.1x, Alcon (ALC) 21.6x, Bioventus (BVS) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Abbott Laboratories (ABT) grew revenue fastest over the trailing twelve months: Abbott Laboratories (ABT) +10.0%, Alcon (ALC) +8.5%, Bioventus (BVS) +3.1%.

Which company is more profitable?

Bioventus (BVS) has the highest net margin (Alcon (ALC) 6.0%, Bioventus (BVS) 9.4%). On return on invested capital, Bioventus (BVS) leads (Alcon (ALC) 3.6%, Bioventus (BVS) 11.3%).

Which stock has performed better?

Over the past year Bioventus (BVS) returned the most: Abbott Laboratories (ABT) -18.9%, Alcon (ALC) -8.8%, Bioventus (BVS) +114.9%. Over five years, Bioventus (BVS) compounded fastest (Abbott Laboratories (ABT) -4.2%/yr, Alcon (ALC) -3.5%/yr, Bioventus (BVS) -0.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Abbott Laboratories (ABT) has the highest dividend yield: Abbott Laboratories (ABT) 2.44%, Alcon (ALC) 0.40%, Bioventus (BVS) 0.00%. Bioventus (BVS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Abbott Laboratories (ABT) has been the steadiest (Abbott Laboratories (ABT) 27.4%, Alcon (ALC) 28.6%, Bioventus (BVS) 50.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ABT, ALC and BVS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bioventus (BVS) leads on 6. 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.