AMRX vs BHC Stock Comparison

Amneal Pharmaceuticals and Bausch Health Companies Prices as of Oct 23, 2026 Peers: Industry group

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.

QuestionAMRXBHCLeader
Larger companyMarket capitalisation $6.71B $2.38B AMRX
Cheaper on earningsLower P/E, profitable companies only 42.6x -2.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.2x 1.3x BHC
Faster revenue growthRevenue growth, trailing twelve months +9.3% +10.1% BHC
More profitableNet margin, trailing twelve months 5.0% -10.1% AMRX
Better return on capitalReturn on invested capital 17.4% 4.6% AMRX
Less leveragedLower net debt / EBITDA 3.8x 8.9x AMRX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +95.6% +1.1% AMRX
Better 5-year returnAnnualised price return, 5 years +29.2%/yr -25.8%/yr AMRX
Less volatileAnnualised volatility, 1 year 35.0% 54.7% AMRX
Higher overall scoreMean of the five percentile scores vs peers 70/100 60/100 AMRX

Percentile Scorecard

AMRXBHC

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

AxisAMRXBHC
Valuation 92 #53 of 624 99 #10 of 624
Growth 74 #158 of 603 44 #340 of 603
Profitability 84 #90 of 555 84 #89 of 555
Financial Health 11 #582 of 657 15 #561 of 657
Shareholder Returns 88 #46 of 370 –
Overall 70 60
  • AMRX 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

PeriodAMRXBHCSPY
1 month +5.4%+12.8% -1.0%
3 months +13.7%+45.6% +2.9%
6 months +62.8%+14.6% +6.4%
Year to date +61.7%-7.2% +11.4%
1 year +95.6%+1.1% +13.1%
3 years +409.5%-9.8% +79.4%
3 years, per year +72.1%-3.4% +21.5%
5 years +259.4%-77.5% +67.7%
5 years, per year +29.2%-25.8% +10.9%
10 years —-70.6% +255.2%
10 years, per year —-11.5% +13.5%

Risk

MeasureAMRXBHCSPY
Volatility, 1Y 35.0%54.7% 12.7%
Downside volatility, 1Y 31.1%48.1% 12.7%
Beta vs S&P 500, 1Y 0.660.87 1.00
Return / volatility, 1Y 2.730.02 1.03
Max drawdown, 5Y -78.2%-85.1% -25.4%
From 52-week high -0.6%-18.4% -2.5%
52-week high $20.50$7.90 $779.14
52-week low $10.00$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.

MultipleAMRXBHC
P/E now vs peer median 41.3xmedian 17.2x -2.2xmedian 17.2x
P/S now vs peer median 2.1xmedian 8.8x 0.2xmedian 8.8x
EV/EBITDA now vs peer median 13.6xmedian 16.0x 10.0xmedian 16.0x
P/FCF now vs peer median 78.3xmedian 17.8x 1.7xmedian 17.8x
P/B now vs peer median 197.1xmedian 2.1x -1.4xmedian 2.1x
PEG now vs peer median 0.17median 0.32 0.03median 0.32

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 monthsAMRXBHC
Revenue $3.12B $10.85B
Gross profit $1.23B $7.80B
Operating income $453.92M $883.00M
Net income $215.32M -$1.10B
Free cash flow $83.11M $1.43B
R&D $175.57M $663.00M
EPS (diluted) $0.48 $-2.90
Cash & equivalents $127.64M $1.83B
Total debt $2.67B $20.74B
Shares (diluted) 328.10M 378.10M
Enterprise value $5.90B -$3.36B

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
MetricAMRXBHC
P/E 41.3x -2.2x
P/FCF 78.3x 1.7x
P/Operating cash flow 32.4x 1.3x
P/S 2.1x 0.2x
P/B 197.1x -1.4x
P/Tangible book -11.7x -0.4x
EV/EBITDA 13.6x 10.0x
EV/EBIT 19.9x 24.2x
EV/Revenue 2.9x 2.0x
EV/FCF 108.9x 14.9x
EV/Operating cash flow 45.1x 11.8x
PEG (3Y EPS CAGR) 0.17 0.03

Growth

14 metrics
MetricAMRXBHC
Revenue growth (1Y) 9.3% 10.1%
Revenue CAGR (3Y) 10.5% 9.1%
Gross profit growth (1Y) 14.1% 11.8%
Gross profit CAGR (3Y) 14.9% 9.8%
Operating income growth (1Y) 20.6% -44.7%
Operating income CAGR (3Y) 32.5% 14.1%
Net income growth (1Y) 426.4% -1,721%
Net income CAGR (3Y) 139.1% -76.0%
EPS growth (1Y) 4,481% -1,206%
EPS CAGR (3Y) 237.0% -79.0%
Operating cash flow growth (1Y) -42.8% 19.5%
Operating cash flow CAGR (3Y) 0.4% 83.8%
Free cash flow growth (1Y) -69.3% 28.3%
Free cash flow CAGR (3Y) -17.3% 62.6%

Profitability

14 metrics
MetricAMRXBHC
Gross margin 39.3% 71.8%
EBITDA margin 21.3% 19.6%
Operating margin 14.6% 8.1%
Pretax margin 6.5% -6.7%
Net margin 5.0% -10.1%
FCF margin 2.7% 13.2%
Operating cash flow margin 6.4% 16.6%
Return on equity – –
Return on assets 5.9% -4.4%
Return on invested capital 17.4% 4.6%
Return on capital employed 16.4% 4.4%
Asset turnover 0.9x 0.4x
Cash conversion (OCF / net income) 0.9x -1.6x
Stock comp / revenue 1.1% 2.1%

Financial Health

11 metrics
MetricAMRXBHC
Debt / assets 70.7% 83.7%
Debt / equity 80.9x -11.7x
Net debt / EBITDA 3.8x 8.9x
Debt / FCF 32.1x 14.5x
Liabilities / assets 99.1% 107.1%
Equity / assets 0.9% -7.1%
Interest coverage – 0.5x
Current ratio 2.2x 1.4x
Quick ratio 1.3x 0.9x
Cash ratio 0.1x 0.4x
Altman Z-score 2.45 0.09

Shareholder Returns

7 metrics
MetricAMRXBHC
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.

ConsensusAMRXBHC
Forward P/E 21.2xFY2026 1.3xFY2026
EPS, next fiscal year $0.96FY2026 $4.79FY2026
EPS growth, next FY +15.7%FY2026 +25.1%FY2026
EPS growth, the year after +27.1% -13.4%
Revenue, next fiscal year $3.24BFY2026 $11.31BFY2026
Revenue growth, next FY +7.4%FY2026 +10.6%FY2026
Revenue growth, the year after +12.1% -0.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMRXBHC
Held by institutions 51.1% 63.3%
Institutions holding 310 221
Change in shares held, QoQ +1.3% +1.9%
Institutions buying 182 99
Institutions selling 86 63
Buyers to sellers 2.12 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.

AMRXBHC
AMRX 1.00 0.14
BHC 0.14 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AMRX and BHC?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Amneal Pharmaceuticals (AMRX) $6.71B, Bausch Health Companies (BHC) $2.38B.

Which company is growing faster?

Bausch Health Companies (BHC) grew revenue fastest over the trailing twelve months: Amneal Pharmaceuticals (AMRX) +9.3%, Bausch Health Companies (BHC) +10.1%.

Which company is more profitable?

Amneal Pharmaceuticals (AMRX) has the highest net margin (Amneal Pharmaceuticals (AMRX) 5.0%, Bausch Health Companies (BHC) -10.1%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Amneal Pharmaceuticals (AMRX) 17.4%, Bausch Health Companies (BHC) 4.6%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Amneal Pharmaceuticals (AMRX) +95.6%, Bausch Health Companies (BHC) +1.1%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Amneal Pharmaceuticals (AMRX) +29.2%/yr, Bausch Health Companies (BHC) -25.8%/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) 35.0%, Bausch Health Companies (BHC) 54.7%). Volatility measures how widely the price swings, not the risk of the business.

Do AMRX and BHC move together?

Their daily returns over the past year have a correlation of 0.14, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, AMRX 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.