ABT vs TMO vs RMD Stock Comparison

Abbott Laboratories, Thermo Fisher Scientific and Resmed Prices as of Oct 23, 2026 Peers: Industry group
ABT Abbott Laboratories
$103.69 +0.2% 1M -17.9% 1Y
Market cap
$182.26B
P/E
33.6x
Revenue (TTM)
$46.59B
Div. yield
0.02%
Medical Devices Healthcare
3 wins
RMD Resmed Inc
$252.83 +13.8% 1M -4.7% 1Y
Market cap
$36.88B
P/E
24.2x
Revenue (TTM)
$5.65B
Div. yield
–
Medical Devices Healthcare
6 wins

Head to Head

12 decided of 12

Resmed leads on 6 of the 12 questions below (Resmed 6, Thermo Fisher Scientific 3, Abbott Laboratories 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionABTTMORMDLeader
Larger companyMarket capitalisation $182.26B $254.18B $36.88B TMO
Cheaper on earningsLower P/E, profitable companies only 33.6x 36.5x 24.2x RMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.2x 26.1x 19.6x ABT
Faster revenue growthRevenue growth, trailing twelve months +8.1% +7.2% +9.9% RMD
More profitableNet margin, trailing twelve months 11.6% 15.0% 26.9% RMD
Better return on capitalReturn on invested capital 6.2% 7.9% 20.8% RMD
Less leveragedLower net debt / EBITDA 2.5x 3.5x -0.4x RMD
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% ABT
Better 1-year returnPrice return, last 12 months -17.9% +17.8% -4.7% TMO
Better 5-year returnAnnualised price return, 5 years -3.9%/yr +1.9%/yr -1.1%/yr TMO
Less volatileAnnualised volatility, 1 year 27.4% 29.8% 29.1% ABT
Higher overall scoreMean of the five percentile scores vs peers 57/100 59/100 78/100 RMD

Percentile Scorecard

ABTTMORMD

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

AxisABTTMORMD
Valuation 68 #74 of 228 60 #93 of 228 73 #63 of 228
Growth 27 #162 of 222 35 #144 of 222 63 #82 of 222
Profitability 85 #33 of 210 83 #37 of 210 99 #3 of 210
Financial Health 38 #151 of 241 28 #174 of 241 75 #60 of 241
Shareholder Returns 66 #48 of 138 88 #18 of 138 79 #30 of 138
Overall 57 59 78
  • ABT ranked among 248 companies in Medical Devices and Diagnostics
  • TMO ranked among 248 companies in Medical Devices and Diagnostics
  • RMD 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

PeriodABTTMORMDSPY
1 month +0.2%+1.2%+13.8% -1.0%
3 months +0.6%+18.6%+29.5% +2.9%
6 months +13.8%+43.5%+15.0% +6.4%
Year to date -17.2%+16.3%+5.0% +11.4%
1 year -17.9%+17.8%-4.7% +13.1%
3 years +9.4%+47.1%+77.7% +79.4%
3 years, per year +3.0%+13.7%+21.1% +21.5%
5 years -18.2%+10.1%-5.5% +67.7%
5 years, per year -3.9%+1.9%-1.1% +10.9%
10 years +156.0%+347.3%+296.8% +255.2%
10 years, per year +9.9%+16.2%+14.8% +13.5%

Risk

MeasureABTTMORMDSPY
Volatility, 1Y 27.4%29.8%29.1% 12.7%
Downside volatility, 1Y 27.5%28.3%30.7% 12.7%
Beta vs S&P 500, 1Y 0.000.590.39 1.00
Return / volatility, 1Y -0.660.60-0.16 1.03
Max drawdown, 5Y -41.6%-41.5%-49.9% -25.4%
From 52-week high -20.6%-3.3%-8.4% -2.5%
52-week high $130.59$696.55$275.96 $779.14
52-week low $82.56$438.34$182.82 $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.

MultipleABTTMORMD
P/E now vs peer median 33.3xmedian 30.7x 35.9xmedian 30.7x 24.2xmedian 30.7x
P/S now vs peer median 3.9xmedian 3.0x 5.4xmedian 3.0x 6.5xmedian 3.0x
EV/EBITDA now vs peer median 19.1xmedian 17.7x 25.9xmedian 17.7x 17.1xmedian 17.7x
P/FCF now vs peer median 22.9xmedian 23.7x 34.0xmedian 23.7x 22.1xmedian 23.7x
P/B now vs peer median 3.5xmedian 2.4x 4.7xmedian 2.4x 5.5xmedian 2.4x
PEG now vs peer median 18.30median 0.96 4.27median 0.96 1.23median 0.96

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 monthsABTTMORMD
Revenue $46.59B $46.34B $5.65B
Gross profit $26.37B $18.91B $3.45B
Operating income $7.35B $8.15B $1.89B
Net income $5.43B $6.99B $1.52B
Free cash flow $7.82B $7.32B $1.65B
R&D $3.16B $1.40B $378.28M
EPS (diluted) $3.11 $18.78 $10.43
Cash & equivalents $5.10B $4.06B $1.47B
Total debt $32.61B $42.55B $659.37M
Shares (diluted) 1.74B 371.00M 146.05M
Enterprise value $152.69B $233.20B $30.95B

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
MetricABTTMORMD
P/E 33.3x 35.9x 24.2x
P/FCF 22.9x 34.0x 22.1x
P/Operating cash flow 18.1x 27.6x 20.2x
P/S 3.9x 5.4x 6.5x
P/B 3.5x 4.7x 5.5x
P/Tangible book 5.2x 7.3x 5.9x
EV/EBITDA 19.1x 25.9x 17.1x
EV/EBIT 28.1x 35.3x 18.9x
EV/Revenue 4.4x 6.2x 6.3x
EV/FCF 26.4x 39.3x 21.6x
EV/Operating cash flow 20.8x 31.9x 19.7x
PEG (3Y EPS CAGR) 18.30 4.27 1.23

Growth

14 metrics
MetricABTTMORMD
Revenue growth (1Y) 8.1% 7.2% 9.9%
Revenue CAGR (3Y) 5.0% 2.1% 10.2%
Gross profit growth (1Y) 9.2% 6.2% 13.0%
Gross profit CAGR (3Y) 5.9% 3.0% 13.6%
Operating income growth (1Y) -2.2% 10.0% 11.9%
Operating income CAGR (3Y) 6.2% 6.7% 18.6%
Net income growth (1Y) -61.2% 6.2% 8.8%
Net income CAGR (3Y) 1.7% 6.9% 19.3%
EPS growth (1Y) -61.0% 7.8% 9.7%
EPS CAGR (3Y) 1.8% 8.4% 19.7%
Operating cash flow growth (1Y) 9.6% 18.9% 3.1%
Operating cash flow CAGR (3Y) 9.9% 5.4% 37.6%
Free cash flow growth (1Y) 15.5% 18.6% -0.7%
Free cash flow CAGR (3Y) 12.5% 7.7% 42.2%

Profitability

14 metrics
MetricABTTMORMD
Gross margin 56.6% 40.8% 61.1%
EBITDA margin 23.2% 23.9% 36.9%
Operating margin 15.8% 17.6% 33.4%
Pretax margin 16.1% 16.5% 34.0%
Net margin 11.6% 15.0% 26.9%
FCF margin 16.8% 15.8% 29.2%
Operating cash flow margin 21.3% 19.5% 31.9%
Return on equity 10.4% 13.4% 23.3%
Return on assets 4.9% 6.2% 17.2%
Return on invested capital 6.2% 7.9% 20.8%
Return on capital employed 8.0% 8.3% 25.2%
Asset turnover 0.4x 0.4x 0.6x
Cash conversion (OCF / net income) 1.8x 1.3x 1.2x
Stock comp / revenue 1.5% 0.7% 1.8%

Financial Health

11 metrics
MetricABTTMORMD
Debt / assets 29.9% 37.6% 7.4%
Debt / equity 0.6x 0.8x 0.1x
Net debt / EBITDA 2.5x 3.5x -0.4x
Debt / FCF 4.2x 5.8x 0.4x
Liabilities / assets 52.6% 53.4% 26.6%
Equity / assets 47.4% 46.6% 73.4%
Interest coverage 9.6x 5.6x –
Current ratio 1.4x 1.6x 3.1x
Quick ratio 0.8x 1.0x 1.8x
Cash ratio 0.3x 0.3x 1.1x
Altman Z-score 3.23 3.98 12.04

Shareholder Returns

7 metrics
MetricABTTMORMD
Dividend yield 2.4% 0.3% 1.0%
Net buyback yield 0.9% 2.0% 1.7%
Shareholder yield 3.3% 2.3% 2.7%
Payout ratio (earnings) 78.5% 9.5% –
Payout ratio (FCF) 54.5% 9.0% –
Dividend growth (1Y) 7.2% 8.5% –
Dividend CAGR (3Y) 7.5% 10.8% –

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.

ConsensusABTTMORMD
Forward P/E 18.2xFY2026 26.1xFY2026 19.6xFY2027
EPS, next fiscal year $5.69FY2026 $25.77FY2026 $12.87FY2027
EPS growth, next FY +10.5%FY2026 +12.7%FY2026 +15.2%FY2027
EPS growth, the year after +12.8% +1.8% +9.7%
Revenue, next fiscal year $53.32BFY2026 $49.99BFY2026 $5.97BFY2027
Revenue growth, next FY +20.3%FY2026 +12.2%FY2026 +5.6%FY2027
Revenue growth, the year after -1.0% -2.9% -3.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersABTTMORMD
Held by institutions 79.2% 90.2% 68.7%
Institutions holding 2,977 2,621 887
Change in shares held, QoQ +0.3% +0.8% +3.2%
Institutions buying 1,258 1,141 404
Institutions selling 1,376 1,144 358
Buyers to sellers 0.91 1.00 1.13

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.

ABTTMORMD
ABT 1.00 0.26 0.41
TMO 0.26 1.00 0.32
RMD 0.41 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ABT, TMO and RMD?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Abbott Laboratories (ABT) $182.26B, Thermo Fisher Scientific (TMO) $254.18B, Resmed (RMD) $36.88B.

Which stock is cheaper, ABT, TMO and RMD?

Resmed (RMD) trades on the lowest price-to-earnings ratio (Abbott Laboratories (ABT) 33.6x, Thermo Fisher Scientific (TMO) 36.5x, Resmed (RMD) 24.2x). On next year's consensus earnings, Abbott Laboratories (ABT) is cheapest (Abbott Laboratories (ABT) 18.2x, Thermo Fisher Scientific (TMO) 26.1x, Resmed (RMD) 19.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Resmed (RMD) grew revenue fastest over the trailing twelve months: Abbott Laboratories (ABT) +8.1%, Thermo Fisher Scientific (TMO) +7.2%, Resmed (RMD) +9.9%.

Which company is more profitable?

Resmed (RMD) has the highest net margin (Abbott Laboratories (ABT) 11.6%, Thermo Fisher Scientific (TMO) 15.0%, Resmed (RMD) 26.9%). On return on invested capital, Resmed (RMD) leads (Abbott Laboratories (ABT) 6.2%, Thermo Fisher Scientific (TMO) 7.9%, Resmed (RMD) 20.8%).

Which stock has performed better?

Over the past year Thermo Fisher Scientific (TMO) returned the most: Abbott Laboratories (ABT) -17.9%, Thermo Fisher Scientific (TMO) +17.8%, Resmed (RMD) -4.7%. Over five years, Thermo Fisher Scientific (TMO) compounded fastest (Abbott Laboratories (ABT) -3.9%/yr, Thermo Fisher Scientific (TMO) +1.9%/yr, Resmed (RMD) -1.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Abbott Laboratories (ABT) has the highest dividend yield: Abbott Laboratories (ABT) 0.02%, Thermo Fisher Scientific (TMO) 0.00%, Resmed (RMD) 0.00%. Resmed (RMD) 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%, Thermo Fisher Scientific (TMO) 29.8%, Resmed (RMD) 29.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ABT, TMO and RMD?

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