ABT vs DHR vs DXCM Stock Comparison

Abbott Laboratories, Danaher and Dexcom Prices as of Nov 3, 2026 Peers: Industry group
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ABT Abbott Laboratories
$109.41 +12.2% 1M -11.7% 1Y
Market cap
$202.13B
P/E
37.3x
Revenue (TTM)
$46.59B
Div. yield
0.02%
Medical Devices Healthcare
6 wins
DHR Danaher Corp /De/
$230.08 +7.5% 1M +7.5% 1Y
Market cap
$166.04B
P/E
38.3x
Revenue (TTM)
$25.61B
Div. yield
–
Life Sciences Tools Healthcare
DXCM Dexcom Inc
$82.97 -2.8% 1M +37.3% 1Y
Market cap
$33.26B
P/E
33.6x
Revenue (TTM)
$5.10B
Div. yield
–
Medical Devices Healthcare
5 wins

Head to Head

11 decided of 12

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

QuestionABTDHRDXCMLeader
Larger companyMarket capitalisation $202.13B $166.04B $33.26B ABT
Cheaper on earningsLower P/E, profitable companies only 37.3x 38.3x 33.6x DXCM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.2x 25.3x 29.3x ABT
Faster revenue growthRevenue growth, trailing twelve months +8.1% +5.5% +13.0% DXCM
More profitableNet margin, trailing twelve months 11.6% 16.9% 19.4% DXCM
Better return on capitalReturn on invested capital 6.2% 5.8% — ABT
Less leveragedLower net debt / EBITDA 2.5x 2.6x — ABT
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -11.7% +7.5% +37.3% DXCM
Better 5-year returnAnnualised price return, 5 years -3.3%/yr -5.5%/yr -12.0%/yr ABT
Less volatileAnnualised volatility, 1 year 27.8% 30.7% 37.5% ABT
Higher overall scoreMean of the five percentile scores vs peers 56/100 60/100 74/100 DXCM

Percentile Scorecard

ABTDHRDXCM

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

AxisABTDHRDXCM
Valuation 66 #78 of 229 71 #67 of 229 67 #76 of 229
Growth 29 #157 of 221 26 #163 of 221 83 #39 of 221
Profitability 85 #33 of 209 86 #30 of 209 99 #3 of 209
Financial Health 36 #153 of 240 47 #127 of 240 35 #157 of 240
Shareholder Returns 66 #51 of 147 71 #43 of 147 87 #20 of 147
Overall 56 60 74
  • ABT ranked among 248 companies in Medical Devices and Diagnostics
  • DHR ranked among 248 companies in Medical Devices and Diagnostics
  • DXCM ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodABTDHRDXCMSPY
1 month +12.2%+7.5%-2.8% -2.0%
3 months +3.7%+18.1%-4.6% -2.2%
6 months +25.5%+31.8%+39.5% +4.2%
Year to date -12.7%+0.5%+25.0% +10.6%
1 year -11.7%+7.5%+37.3% +10.4%
3 years +14.2%+16.3%-14.9% +73.6%
3 years, per year +4.5%+5.2%-5.2% +20.2%
5 years -15.2%-24.8%-47.3% +61.6%
5 years, per year -3.3%-5.5%-12.0% +10.1%
10 years +185.1%+200.6%+452.4% +261.3%
10 years, per year +11.0%+11.6%+18.6% +13.7%

Risk

MeasureABTDHRDXCMSPY
Volatility, 1Y 27.8%30.7%37.5% 12.8%
Downside volatility, 1Y 27.5%31.8%33.6% 12.8%
Beta vs S&P 500, 1Y -0.040.480.61 1.00
Return / volatility, 1Y -0.420.241.00 0.81
Max drawdown, 5Y -41.6%-50.8%-66.3% -25.4%
From 52-week high -16.2%-4.9%-10.1% -3.2%
52-week high $130.59$242.05$92.34 $779.14
52-week low $82.56$161.91$54.84 $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.

MultipleABTDHRDXCM
P/E now vs peer median 35.1xmedian 28.1x 37.4xmedian 28.1x 31.4xmedian 28.1x
P/S now vs peer median 4.1xmedian 2.9x 6.3xmedian 2.9x 6.1xmedian 2.9x
EV/EBITDA now vs peer median 20.0xmedian 18.0x 23.3xmedian 18.0x 19.4xmedian 18.0x
P/FCF now vs peer median 24.2xmedian 24.8x 28.3xmedian 24.8x 28.2xmedian 24.8x
P/B now vs peer median 3.7xmedian 2.3x 3.0xmedian 2.3x 12.2xmedian 2.3x
PEG now vs peer median 19.31median 0.95 -4.66median 0.95 0.73median 0.95

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 monthsABTDHRDXCM
Revenue $46.59B $25.61B $5.10B
Gross profit $26.37B $15.01B $3.24B
Operating income $7.35B $5.22B $1.22B
Net income $5.43B $4.33B $991.00M
Free cash flow $7.82B $5.73B $1.10B
R&D $3.16B $1.67B $608.10M
EPS (diluted) $3.11 $6.13 $2.58
Cash & equivalents $5.10B $5.68B $961.40M
Total debt $32.61B $26.48B –
Shares (diluted) 1.74B 706.80M 383.50M
Enterprise value $172.56B $145.70B $25.08B

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
MetricABTDHRDXCM
P/E 35.1x 37.4x 31.4x
P/FCF 24.2x 28.3x 28.2x
P/Operating cash flow 19.1x 23.6x 21.9x
P/S 4.1x 6.3x 6.1x
P/B 3.7x 3.0x 12.2x
P/Tangible book 5.5x 5.0x 12.7x
EV/EBITDA 20.0x 23.3x 19.4x
EV/EBIT 29.4x 35.0x 23.8x
EV/Revenue 4.6x 7.1x 5.7x
EV/FCF 27.6x 31.9x 26.5x
EV/Operating cash flow 21.8x 26.6x 20.6x
PEG (3Y EPS CAGR) 19.31 -4.66 0.73

Growth

14 metrics
MetricABTDHRDXCM
Revenue growth (1Y) 8.1% 5.5% 13.0%
Revenue CAGR (3Y) 5.0% 1.3% 14.5%
Gross profit growth (1Y) 9.2% 3.9% 21.5%
Gross profit CAGR (3Y) 5.9% 1.2% 14.2%
Operating income growth (1Y) -2.2% 13.1% 57.4%
Operating income CAGR (3Y) 6.2% -3.8% 34.2%
Net income growth (1Y) -61.2% 23.6% 37.5%
Net income CAGR (3Y) 1.7% -9.9% 38.0%
EPS growth (1Y) -61.0% 24.8% 46.1%
EPS CAGR (3Y) 1.8% -8.0% 43.0%
Operating cash flow growth (1Y) 9.6% 8.6% -2.3%
Operating cash flow CAGR (3Y) 9.9% -5.3% 23.7%
Free cash flow growth (1Y) 15.5% 14.2% 3.4%
Free cash flow CAGR (3Y) 12.5% -5.8% 30.0%

Profitability

14 metrics
MetricABTDHRDXCM
Gross margin 56.6% 58.6% 63.4%
EBITDA margin 23.2% 30.7% 29.4%
Operating margin 15.8% 20.4% 24.0%
Pretax margin 16.1% 18.8% 24.7%
Net margin 11.6% 16.9% 19.4%
FCF margin 16.8% 22.4% 21.5%
Operating cash flow margin 21.3% 26.8% 27.7%
Return on equity 10.4% 8.2% 38.4%
Return on assets 4.9% 4.7% 15.6%
Return on invested capital 6.2% 5.8% –
Return on capital employed 8.0% 6.2% 29.9%
Asset turnover 0.4x 0.3x 0.8x
Cash conversion (OCF / net income) 1.8x 1.6x 1.4x
Stock comp / revenue 1.5% 1.3% 3.0%

Financial Health

11 metrics
MetricABTDHRDXCM
Debt / assets 29.9% 28.4% –
Debt / equity 0.6x 0.5x –
Net debt / EBITDA 2.5x 2.6x –
Debt / FCF 4.2x 4.6x –
Liabilities / assets 52.6% 42.5% 59.4%
Equity / assets 47.4% 57.5% 40.6%
Interest coverage 9.6x 14.5x –
Current ratio 1.4x 1.6x 1.7x
Quick ratio 0.8x 1.1x 1.3x
Cash ratio 0.3x 0.6x 0.8x
Altman Z-score 3.34 3.72 7.51

Shareholder Returns

7 metrics
MetricABTDHRDXCM
Dividend yield 2.3% 0.7% –
Net buyback yield 0.9% 0.6% 2.2%
Shareholder yield 3.2% 1.2% 2.2%
Payout ratio (earnings) 78.5% – –
Payout ratio (FCF) 54.5% – –
Dividend growth (1Y) 7.2% – –
Dividend CAGR (3Y) 7.5% – –

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.

ConsensusABTDHRDXCM
Forward P/E 19.2xFY2026 25.3xFY2026 29.3xFY2026
EPS, next fiscal year $5.69FY2026 $9.11FY2026 $2.83FY2026
EPS growth, next FY +10.5%FY2026 +16.8%FY2026 +35.4%FY2026
EPS growth, the year after +10.4% +8.0% +4.9%
Revenue, next fiscal year $53.00BFY2026 $27.01BFY2026 $5.08BFY2026
Revenue growth, next FY +19.5%FY2026 +9.9%FY2026 +9.0%FY2026
Revenue growth, the year after -2.2% -1.9% +16.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersABTDHRDXCM
Held by institutions 79.2% 81.9% 100.0%
Institutions holding 2,983 2,120 977
Change in shares held, QoQ +0.3% +1.1% +6.3%
Institutions buying 1,261 842 522
Institutions selling 1,379 1,015 344
Buyers to sellers 0.91 0.83 1.52

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.

ABTDHRDXCM
ABT 1.00 0.36 0.31
DHR 0.36 1.00 0.23
DXCM 0.31 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ABT, DHR and DXCM?

Abbott Laboratories (ABT) is the largest by market capitalisation: Abbott Laboratories (ABT) $202.13B, Danaher (DHR) $166.04B, Dexcom (DXCM) $33.26B.

Which stock is cheaper, ABT, DHR and DXCM?

Dexcom (DXCM) trades on the lowest price-to-earnings ratio (Abbott Laboratories (ABT) 37.3x, Danaher (DHR) 38.3x, Dexcom (DXCM) 33.6x). On next year's consensus earnings, Abbott Laboratories (ABT) is cheapest (Abbott Laboratories (ABT) 19.2x, Danaher (DHR) 25.3x, Dexcom (DXCM) 29.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Dexcom (DXCM) grew revenue fastest over the trailing twelve months: Abbott Laboratories (ABT) +8.1%, Danaher (DHR) +5.5%, Dexcom (DXCM) +13.0%.

Which company is more profitable?

Dexcom (DXCM) has the highest net margin (Abbott Laboratories (ABT) 11.6%, Danaher (DHR) 16.9%, Dexcom (DXCM) 19.4%). On return on invested capital, Abbott Laboratories (ABT) leads (Abbott Laboratories (ABT) 6.2%, Danaher (DHR) 5.8%).

Which stock has performed better?

Over the past year Dexcom (DXCM) returned the most: Abbott Laboratories (ABT) -11.7%, Danaher (DHR) +7.5%, Dexcom (DXCM) +37.3%. Over five years, Abbott Laboratories (ABT) compounded fastest (Abbott Laboratories (ABT) -3.3%/yr, Danaher (DHR) -5.5%/yr, Dexcom (DXCM) -12.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Abbott Laboratories (ABT) 0.02%, Danaher (DHR) 0.00%, Dexcom (DXCM) 0.00%. Danaher (DHR) and Dexcom (DXCM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Abbott Laboratories (ABT) has been the steadiest (Abbott Laboratories (ABT) 27.8%, Danaher (DHR) 30.7%, Dexcom (DXCM) 37.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ABT, DHR and DXCM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Abbott Laboratories (ABT) 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.