AMRX vs ALVO vs BHC Stock Comparison

Amneal Pharmaceuticals, Alvotech and Bausch Health Companies Prices as of Nov 2, 2026 Peers: Industry group
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ALVO Alvotech
$4.48 -17.8% 1M -41.4% 1Y
Market cap
$1.40B
P/E
–
Revenue (TTM)
$105.94M
Div. yield
–
Generic Drugs Healthcare

Head to Head

10 decided of 12

Amneal Pharmaceuticals leads on 8 of the 12 questions below (Amneal Pharmaceuticals 8, Bausch Health Companies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMRXALVOBHCLeader
Larger companyMarket capitalisation $6.53B $1.40B $3.00B AMRX
Cheaper on earningsLower P/E, profitable companies only 41.5x -4.9x -3.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x — 1.7x BHC
Faster revenue growthRevenue growth, trailing twelve months +9.3% -74.3% +10.8% BHC
More profitableNet margin, trailing twelve months 5.0% -248.0% -7.6% AMRX
Better return on capitalReturn on invested capital 17.4% 4.4% 6.4% AMRX
Less leveragedLower net debt / EBITDA 3.8x 4.7x 7.4x AMRX
Higher dividend yieldTrailing dividend yield — — 0.00% –
Better 1-year returnPrice return, last 12 months +88.9% -41.4% +14.4% AMRX
Better 5-year returnAnnualised price return, 5 years +30.9%/yr -14.7%/yr -21.7%/yr AMRX
Less volatileAnnualised volatility, 1 year 34.2% 70.4% 59.9% AMRX
Higher overall scoreMean of the five percentile scores vs peers 70/100 48/100 65/100 AMRX

Percentile Scorecard

AMRXALVOBHC

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

AxisAMRXALVOBHC
Valuation 92 #52 of 623 73 #169 of 623 99 #6 of 623
Growth 74 #158 of 601 36 #387 of 601 60 #243 of 601
Profitability 84 #90 of 553 64 #198 of 553 86 #78 of 553
Financial Health 12 #578 of 654 17 #543 of 654 16 #547 of 654
Shareholder Returns 88 #45 of 367 – –
Overall 70 48 65
  • AMRX ranked among 671 companies in Pharmaceuticals and Biotechnology
  • ALVO ranked among 671 companies in Pharmaceuticals and Biotechnology
  • BHC ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodAMRXALVOBHCSPY
1 month +0.7%-17.8%+38.4% -2.3%
3 months +8.4%+18.2%+14.6% -0.7%
6 months +55.9%+27.3%+45.2% +4.8%
Year to date +62.2%-12.7%+15.5% +10.3%
1 year +88.9%-41.4%+14.4% +10.3%
3 years +376.5%-49.5%+6.1% +73.0%
3 years, per year +68.3%-20.4%+2.0% +20.1%
5 years +284.2%-54.7%-70.5% +61.9%
5 years, per year +30.9%-14.7%-21.7% +10.1%
10 years ——-62.0% +258.6%
10 years, per year ——-9.2% +13.6%

Risk

MeasureAMRXALVOBHCSPY
Volatility, 1Y 34.2%70.4%59.9% 12.8%
Downside volatility, 1Y 31.0%63.2%48.8% 12.8%
Beta vs S&P 500, 1Y 0.660.850.99 1.00
Return / volatility, 1Y 2.60-0.590.24 0.80
Max drawdown, 5Y -76.2%-82.6%-84.7% -25.4%
From 52-week high -4.7%-27.2%-9.7% -3.5%
52-week high $21.44$6.15$8.89 $779.14
52-week low $11.19$3.00$4.43 $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.

MultipleAMRXALVOBHC
P/E now vs peer median 41.5xmedian 17.4x -4.9xmedian 17.4x -3.6xmedian 17.4x
P/S now vs peer median 2.1xmedian 8.9x 13.2xmedian 8.9x 0.3xmedian 8.9x
EV/EBITDA now vs peer median 13.6xmedian 17.0x 10.3xmedian 17.0x 8.6xmedian 17.0x
P/FCF now vs peer median 78.5xmedian 21.4x -5.3xmedian 21.4x 1.6xmedian 21.4x
P/B now vs peer median 197.7xmedian 2.1x -7.3xmedian 2.1x -2.3xmedian 2.1x
PEG now vs peer median 0.17median 0.35 -0.15median 0.35 -0.65median 0.35

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 monthsAMRXALVOBHC
Revenue $3.12B $105.94M $11.11B
Gross profit $1.23B $7.66M $8.07B
Operating income $453.92M $47.54M $1.25B
Net income $215.32M -$179.60M -$837.00M
Free cash flow $83.11M -$261.39M $1.87B
R&D $175.57M $46.37M $638.00M
EPS (diluted) $0.48 $-0.90 $-2.22
Cash & equivalents $127.64M $142.80M $2.49B
Total debt $2.67B $1.31B $20.64B
Shares (diluted) 328.10M 291.34M 378.10M
Enterprise value $5.80B $963.04M -$2.93B

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
MetricAMRXALVOBHC
P/E 41.5x -4.9x -3.6x
P/FCF 78.5x -5.3x 1.6x
P/Operating cash flow 32.5x -7.0x 1.4x
P/S 2.1x 13.2x 0.3x
P/B 197.7x -7.3x -2.3x
P/Tangible book -11.8x -4.2x -0.6x
EV/EBITDA 13.6x 10.3x 8.6x
EV/EBIT 20.0x 53.9x 17.0x
EV/Revenue 2.9x 24.2x 1.9x
EV/FCF 109.1x -9.8x 11.3x
EV/Operating cash flow 45.2x -12.9x 9.6x
PEG (3Y EPS CAGR) 0.17 -0.15 -0.65

Growth

14 metrics
MetricAMRXALVOBHC
Revenue growth (1Y) 9.3% -74.3% 10.8%
Revenue CAGR (3Y) 10.5% 104.2% 9.2%
Gross profit growth (1Y) 14.1% -95.0% 13.9%
Gross profit CAGR (3Y) 14.9% 27.2% 10.2%
Operating income growth (1Y) 20.6% -13.3% -34.3%
Operating income CAGR (3Y) 32.5% 27.6% 50.6%
Net income growth (1Y) 426.4% -383.6% -345.5%
Net income CAGR (3Y) 139.1% 24.4% 5.3%
EPS growth (1Y) 4,481% -481.6% -330.7%
EPS CAGR (3Y) 237.0% 33.6% 5.5%
Operating cash flow growth (1Y) -42.8% -367.1% 46.7%
Operating cash flow CAGR (3Y) 0.4% 12.8% 25.5%
Free cash flow growth (1Y) -69.3% -113.0% 70.3%
Free cash flow CAGR (3Y) -17.3% 8.6% 25.9%

Profitability

14 metrics
MetricAMRXALVOBHC
Gross margin 39.3% 7.2% 72.6%
EBITDA margin 21.3% 233.8% 22.2%
Operating margin 14.6% 44.9% 11.2%
Pretax margin 6.5% -62.1% -3.2%
Net margin 5.0% -248.0% -7.6%
FCF margin 2.7% -246.7% 16.8%
Operating cash flow margin 6.4% -187.6% 19.9%
Return on equity – – –
Return on assets 5.9% -17.5% -3.3%
Return on invested capital 17.4% 4.4% 6.4%
Return on capital employed 16.4% 4.1% 6.1%
Asset turnover 0.9x 0.1x 0.4x
Cash conversion (OCF / net income) 0.9x 1.1x -2.6x
Stock comp / revenue 1.1% 8.7% 2.2%

Financial Health

11 metrics
MetricAMRXALVOBHC
Debt / assets 70.7% 82.3% 81.0%
Debt / equity 80.9x -6.8x -15.5x
Net debt / EBITDA 3.8x 4.7x 7.4x
Debt / FCF 32.1x -5.0x 11.1x
Liabilities / assets 99.1% 112.1% 105.2%
Equity / assets 0.9% -12.1% -5.2%
Interest coverage – 0.8x 0.8x
Current ratio 2.2x 1.6x 1.6x
Quick ratio 1.3x 1.1x 1.1x
Cash ratio 0.1x 0.4x 0.5x
Altman Z-score 2.45 -1.38 0.22

Shareholder Returns

7 metrics
MetricAMRXALVOBHC
Dividend yield – – –
Net buyback yield 0.0% – –
Shareholder yield 0.0% – 0.0%
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.

ConsensusAMRXALVOBHC
Forward P/E 21.1xFY2026 – 1.7xFY2026
EPS, next fiscal year $0.97FY2026 $-0.01FY2026 $4.86FY2026
EPS growth, next FY +16.9%FY2026 – +26.9%FY2026
EPS growth, the year after +26.8% – -13.4%
Revenue, next fiscal year $3.24BFY2026 $556.32MFY2026 $11.45BFY2026
Revenue growth, next FY +7.4%FY2026 -6.2%FY2026 +11.9%FY2026
Revenue growth, the year after +12.4% +23.2% -0.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRXALVOBHC
Held by institutions 51.0% 14.7% 63.3%
Institutions holding 310 72 221
Change in shares held, QoQ +1.3% +152.4% +1.9%
Institutions buying 182 44 99
Institutions selling 86 17 63
Buyers to sellers 2.12 2.59 1.57

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.

AMRXALVOBHC
AMRX 1.00 0.18 0.15
ALVO 0.18 1.00 0.11
BHC 0.15 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMRX, ALVO and BHC?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Amneal Pharmaceuticals (AMRX) $6.53B, Alvotech (ALVO) $1.40B, Bausch Health Companies (BHC) $3.00B.

Which company is growing faster?

Bausch Health Companies (BHC) grew revenue fastest over the trailing twelve months: Amneal Pharmaceuticals (AMRX) +9.3%, Alvotech (ALVO) -74.3%, Bausch Health Companies (BHC) +10.8%.

Which company is more profitable?

Amneal Pharmaceuticals (AMRX) has the highest net margin (Amneal Pharmaceuticals (AMRX) 5.0%, Alvotech (ALVO) -248.0%, Bausch Health Companies (BHC) -7.6%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Amneal Pharmaceuticals (AMRX) 17.4%, Alvotech (ALVO) 4.4%, Bausch Health Companies (BHC) 6.4%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Amneal Pharmaceuticals (AMRX) +88.9%, Alvotech (ALVO) -41.4%, Bausch Health Companies (BHC) +14.4%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Amneal Pharmaceuticals (AMRX) +30.9%/yr, Alvotech (ALVO) -14.7%/yr, Bausch Health Companies (BHC) -21.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Amneal Pharmaceuticals (AMRX) has been the steadiest (Amneal Pharmaceuticals (AMRX) 34.2%, Alvotech (ALVO) 70.4%, Bausch Health Companies (BHC) 59.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMRX, ALVO and BHC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amneal Pharmaceuticals (AMRX) leads on 8. 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.