ABT vs TMO vs SYK Stock Comparison

Abbott Laboratories, Thermo Fisher Scientific and Stryker Prices as of Oct 27, 2026 Peers: Industry group
ABT Abbott Laboratories
$103.13 +1.8% 1M -18.9% 1Y
Market cap
$179.35B
P/E
38.2x
Revenue (TTM)
$48.23B
Div. yield
–
Medical Devices Healthcare
3 wins
SYK Stryker Corp
$301.50 +10.7% 1M -21.4% 1Y
Market cap
$116.66B
P/E
31.3x
Revenue (TTM)
$25.84B
Div. yield
–
Medical Devices Healthcare
3 wins

Head to Head

8 decided of 12

Stryker leads on 3 of the 12 questions below (Stryker 3, Abbott Laboratories 3, Thermo Fisher Scientific 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionABTTMOSYKLeader
Larger companyMarket capitalisation $179.35B $262.53B $116.66B TMO
Cheaper on earningsLower P/E, profitable companies only 38.2x 37.1x 31.3x SYK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.1x 26.8x 19.0x ABT
Faster revenue growthRevenue growth, trailing twelve months +10.0% +8.3% +8.5% ABT
More profitableNet margin, trailing twelve months — — 14.4% –
Better return on capitalReturn on invested capital — — 10.5% –
Less leveragedLower net debt / EBITDA — — 1.7x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -18.9% +23.0% -21.4% TMO
Better 5-year returnAnnualised price return, 5 years -4.2%/yr +2.3%/yr +2.4%/yr SYK
Less volatileAnnualised volatility, 1 year 27.4% 29.8% 30.6% ABT
Higher overall scoreMean of the five percentile scores vs peers 60/100 51/100 69/100 SYK

Percentile Scorecard

ABTTMOSYK

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

AxisABTTMOSYK
Valuation 74 #60 of 227 50 #113 of 227 66 #77 of 227
Growth 17 #181 of 219 41 #130 of 219 66 #75 of 219
Profitability – 70 #63 of 206 89 #23 of 206
Financial Health – – 49 #123 of 238
Shareholder Returns 90 #15 of 134 44 #76 of 134 77 #32 of 134
Overall 60 51 69
  • ABT ranked among 247 companies in Medical Devices and Diagnostics
  • TMO ranked among 247 companies in Medical Devices and Diagnostics
  • SYK 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

PeriodABTTMOSYKSPY
1 month +1.8%+2.9%+10.7% -0.2%
3 months -3.9%+20.3%-13.0% +3.9%
6 months +9.9%+47.4%-6.2% +8.2%
Year to date -17.7%+19.7%-14.2% +12.9%
1 year -18.9%+23.0%-21.4% +12.3%
3 years +11.1%+60.7%+15.1% +87.4%
3 years, per year +3.6%+17.1%+4.8% +23.3%
5 years -19.2%+11.8%+12.3% +67.9%
5 years, per year -4.2%+2.3%+2.4% +10.9%
10 years +156.0%+364.6%+174.8% +261.1%
10 years, per year +9.9%+16.6%+10.6% +13.7%

Risk

MeasureABTTMOSYKSPY
Volatility, 1Y 27.4%29.8%30.6% 12.7%
Downside volatility, 1Y 27.5%28.3%31.8% 12.7%
Beta vs S&P 500, 1Y -0.010.620.12 1.00
Return / volatility, 1Y -0.690.77-0.70 0.97
Max drawdown, 5Y -41.6%-41.5%-33.1% -25.4%
From 52-week high -21.0%-0.5%-22.2% -1.2%
52-week high $130.59$696.55$387.46 $779.14
52-week low $82.56$438.34$269.88 $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.

MultipleABTTMOSYK
P/E now vs peer median 38.2xmedian 29.6x 36.4xmedian 29.6x 31.0xmedian 29.6x
P/S now vs peer median 3.7xmedian 2.9x 5.4xmedian 2.9x 4.5xmedian 2.9x
EV/EBITDA now vs peer median —median 17.4x —median 17.4x 18.8xmedian 17.4x
P/FCF now vs peer median 22.3xmedian 22.3x 34.0xmedian 22.3x 24.6xmedian 22.3x
P/B now vs peer median —median 2.3x 4.7xmedian 2.3x 4.8xmedian 2.3x
PEG now vs peer median -12.85median 1.04 4.80median 1.04 2.81median 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 monthsABTTMOSYK
Revenue $48.23B $47.35B $25.84B
Gross profit – – $16.79B
Operating income $6.65B $8.47B $5.53B
Net income – $7.09B $3.73B
Free cash flow – – $4.70B
R&D $3.31B $1.40B $1.66B
EPS (diluted) $2.70 $19.06 $9.66
Cash & equivalents – $5.46B $3.39B
Total debt – – $14.94B
Shares (diluted) 1.74B 371.00M 386.00M
Enterprise value $179.35B $262.53B $102.77B

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
MetricABTTMOSYK
P/E 38.2x 36.4x 31.0x
P/FCF 22.3x 34.0x 24.6x
P/Operating cash flow – 27.5x 20.9x
P/S 3.7x 5.4x 4.5x
P/B – 4.7x 4.8x
P/Tangible book – 7.0x 6.3x
EV/EBITDA – – 18.8x
EV/EBIT – – 23.0x
EV/Revenue 3.7x 5.4x 4.9x
EV/FCF – – 27.0x
EV/Operating cash flow – 27.5x 23.0x
PEG (3Y EPS CAGR) -12.85 4.80 2.81

Growth

14 metrics
MetricABTTMOSYK
Revenue growth (1Y) 10.0% 8.3% 8.5%
Revenue CAGR (3Y) 6.5% 2.9% 9.9%
Gross profit growth (1Y) – – 9.9%
Gross profit CAGR (3Y) – – 11.2%
Operating income growth (1Y) -13.8% 12.8% 53.0%
Operating income CAGR (3Y) 3.5% 7.2% 18.5%
Net income growth (1Y) – 7.9% 27.8%
Net income CAGR (3Y) – 6.2% 11.2%
EPS growth (1Y) -66.2% 9.7% 27.9%
EPS CAGR (3Y) -3.0% 7.6% 11.0%
Operating cash flow growth (1Y) – 21.9% 15.9%
Operating cash flow CAGR (3Y) – 4.5% 22.2%
Free cash flow growth (1Y) – – 16.8%
Free cash flow CAGR (3Y) – – 24.8%

Profitability

14 metrics
MetricABTTMOSYK
Gross margin – – 65.0%
EBITDA margin – – 26.1%
Operating margin – – 21.4%
Pretax margin – – 19.9%
Net margin – – 14.4%
FCF margin – – 18.2%
Operating cash flow margin – 19.7% 21.4%
Return on equity – 13.2% -3.9%
Return on assets – 6.2% -1.9%
Return on invested capital – – 10.5%
Return on capital employed – – 13.7%
Asset turnover – 0.4x 0.5x
Cash conversion (OCF / net income) – 1.3x 1.5x
Stock comp / revenue – – 1.0%

Financial Health

11 metrics
MetricABTTMOSYK
Debt / assets – – 31.2%
Debt / equity – – 0.6x
Net debt / EBITDA – – 1.7x
Debt / FCF – – 3.2x
Liabilities / assets – – 50.0%
Equity / assets – 47.9% 50.0%
Interest coverage – – 9.5x
Current ratio – 1.8x 2.2x
Quick ratio – – 1.1x
Cash ratio – – 0.5x
Altman Z-score – – 4.65

Shareholder Returns

7 metrics
MetricABTTMOSYK
Dividend yield 2.4% 0.3% 1.2%
Net buyback yield – – –
Shareholder yield 2.4% 0.3% 1.2%
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.

ConsensusABTTMOSYK
Forward P/E 18.1xFY2026 26.8xFY2026 19.0xFY2026
EPS, next fiscal year $5.69FY2026 $25.91FY2026 $15.91FY2026
EPS growth, next FY +10.5%FY2026 +13.3%FY2026 +16.7%FY2026
EPS growth, the year after +10.4% +2.0% +2.5%
Revenue, next fiscal year $53.00BFY2026 $50.12BFY2026 $26.14BFY2026
Revenue growth, next FY +19.5%FY2026 +12.5%FY2026 +4.1%FY2026
Revenue growth, the year after -2.2% -2.8% +18.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersABTTMOSYK
Held by institutions 79.2% 90.2% 80.3%
Institutions holding 2,979 2,622 2,264
Change in shares held, QoQ +0.3% +0.8% +3.2%
Institutions buying 1,259 1,142 1,102
Institutions selling 1,377 1,144 852
Buyers to sellers 0.91 1.00 1.29

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.

ABTTMOSYK
ABT 1.00 0.26 0.51
TMO 0.26 1.00 0.28
SYK 0.51 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ABT, TMO and SYK?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Abbott Laboratories (ABT) $179.35B, Thermo Fisher Scientific (TMO) $262.53B, Stryker (SYK) $116.66B.

Which stock is cheaper, ABT, TMO and SYK?

Stryker (SYK) trades on the lowest price-to-earnings ratio (Abbott Laboratories (ABT) 38.2x, Thermo Fisher Scientific (TMO) 37.1x, Stryker (SYK) 31.3x). On next year's consensus earnings, Abbott Laboratories (ABT) is cheapest (Abbott Laboratories (ABT) 18.1x, Thermo Fisher Scientific (TMO) 26.8x, Stryker (SYK) 19.0x). 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%, Thermo Fisher Scientific (TMO) +8.3%, Stryker (SYK) +8.5%.

Which stock has performed better?

Over the past year Thermo Fisher Scientific (TMO) returned the most: Abbott Laboratories (ABT) -18.9%, Thermo Fisher Scientific (TMO) +23.0%, Stryker (SYK) -21.4%. Over five years, Stryker (SYK) compounded fastest (Abbott Laboratories (ABT) -4.2%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr, Stryker (SYK) +2.4%/yr). Returns are price only, before dividends.

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%, Stryker (SYK) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Stryker (SYK) leads on 3. 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.