BAX vs WST vs SKYA Stock Comparison

Baxter International, West Pharmaceutical Services and SkyAI Prices as of Oct 23, 2026 Peers: Industry group
BAX Baxter International Inc
$25.31 +7.7% 1M +10.1% 1Y
Market cap
$13.08B
P/E
–
Revenue (TTM)
$5.55B
Div. yield
0.01%
Medical Supplies Healthcare
1 win
SKYA SkyAI, Inc.
$2.89 +59.7% 1M -44.1% 1Y
Market cap
$207.27M
P/E
–
Revenue (TTM)
$194.22K
Div. yield
–
Medical Supplies Healthcare
2 wins

Head to Head

11 decided of 12

West Pharmaceutical Services leads on 8 of the 12 questions below (West Pharmaceutical Services 8, SkyAI 2, Baxter International 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBAXWSTSKYALeader
Larger companyMarket capitalisation $13.08B $27.94B $207.27M WST
Cheaper on earningsLower P/E, profitable companies only -12.3x 49.5x -0.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.8x 41.1x 0.0x SKYA
Faster revenue growthRevenue growth, trailing twelve months -49.1% +12.4% +108.9% SKYA
More profitableNet margin, trailing twelve months -19.2% 17.0% -158,431.4% WST
Better return on capitalReturn on invested capital 3.4% 16.9% — WST
Less leveragedLower net debt / EBITDA 4.8x -0.3x — WST
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% BAX
Better 1-year returnPrice return, last 12 months +10.1% +27.6% -44.1% WST
Better 5-year returnAnnualised price return, 5 years -21.0%/yr -1.4%/yr — WST
Less volatileAnnualised volatility, 1 year 44.3% 31.6% 106.2% WST
Higher overall scoreMean of the five percentile scores vs peers 44/100 66/100 26/100 WST

Percentile Scorecard

BAXWSTSKYA

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

AxisBAXWSTSKYA
Valuation 83 #40 of 228 46 #123 of 228 2 #224 of 228
Growth 18 #182 of 222 40 #134 of 222 6 #208 of 222
Profitability 72 #59 of 210 91 #19 of 210 1 #208 of 210
Financial Health 18 #197 of 241 78 #55 of 241 94 #16 of 241
Shareholder Returns 27 #101 of 138 75 #35 of 138 –
Overall 44 66 26
  • BAX ranked among 248 companies in Medical Devices and Diagnostics
  • WST ranked among 248 companies in Medical Devices and Diagnostics
  • SKYA 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

PeriodBAXWSTSKYASPY
1 month +7.7%+4.3%+59.7% -1.0%
3 months +13.0%+19.5%+107.9% +2.9%
6 months +39.4%+28.1%+53.7% +6.4%
Year to date +32.4%+42.5%+42.4% +11.4%
1 year +10.1%+27.6%-44.1% +13.1%
3 years -22.3%+6.0%-99.9% +79.4%
3 years, per year -8.1%+2.0%-90.3% +21.5%
5 years -69.2%-6.9%— +67.7%
5 years, per year -21.0%-1.4%— +10.9%
10 years -47.5%+447.0%— +255.2%
10 years, per year -6.2%+18.5%— +13.5%

Risk

MeasureBAXWSTSKYASPY
Volatility, 1Y 44.3%31.6%106.2% 12.7%
Downside volatility, 1Y 48.4%31.4%104.2% 12.7%
Beta vs S&P 500, 1Y 1.160.572.60 1.00
Return / volatility, 1Y 0.230.87-0.42 1.03
Max drawdown, 5Y -82.3%-59.6%-100.0% -25.4%
From 52-week high -10.7%-0.6%-46.6% -2.5%
52-week high $28.35$394.30$5.41 $779.14
52-week low $15.80$230.95$0.95 $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.

MultipleBAXWSTSKYA
P/E now vs peer median -12.3xmedian 30.7x 49.1xmedian 30.7x -0.7xmedian 30.7x
P/S now vs peer median 2.4xmedian 3.0x 8.3xmedian 3.0x 1,073xmedian 3.0x
EV/EBITDA now vs peer median 13.5xmedian 17.7x 31.8xmedian 17.7x —median 17.7x
P/FCF now vs peer median 15.6xmedian 23.7x 63.2xmedian 23.7x —median 23.7x
P/B now vs peer median 2.1xmedian 2.4x 9.2xmedian 2.4x 1.3xmedian 2.4x
PEG now vs peer median -0.43median 0.96 10.19median 0.96 0.01median 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 monthsBAXWSTSKYA
Revenue $5.55B $3.33B $194.22K
Gross profit $3.78B $1.22B $321.93K
Operating income $532.00M $680.40M -$289.52M
Net income -$1.06B $564.90M -$307.71M
Free cash flow $839.00M $436.90M –
R&D $542.00M $74.40M $399.91K
EPS (diluted) $-2.05 $7.92 $-4.27
Cash & equivalents $2.15B $435.80M $12.07M
Total debt $9.46B $202.90M –
Shares (diluted) 518.00M 71.30M 72.09M
Enterprise value $5.21B $25.57B $165.97M

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
MetricBAXWSTSKYA
P/E -12.3x 49.1x -0.7x
P/FCF 15.6x 63.2x –
P/Operating cash flow 9.7x 41.7x –
P/S 2.4x 8.3x 1,073x
P/B 2.1x 9.2x 1.3x
P/Tangible book 6.1x 9.3x 16.0x
EV/EBITDA 13.5x 31.8x –
EV/EBIT 38.3x 40.2x -0.7x
EV/Revenue 3.7x 8.2x 1,011x
EV/FCF 24.3x 62.6x –
EV/Operating cash flow 15.2x 41.3x –
PEG (3Y EPS CAGR) -0.43 10.19 0.01

Growth

14 metrics
MetricBAXWSTSKYA
Revenue growth (1Y) -49.1% 12.4% 108.9%
Revenue CAGR (3Y) -23.5% 5.1% 23.8%
Gross profit growth (1Y) -1.8% 17.2% –
Gross profit CAGR (3Y) -5.2% 3.8% –
Operating income growth (1Y) -50.8% 17.0% -5,525%
Operating income CAGR (3Y) 29.5% 1.3% -212.8%
Net income growth (1Y) -604.0% 15.8% -42,440%
Net income CAGR (3Y) 28.0% 2.9% -238.0%
EPS growth (1Y) -580.5% 17.8% -487.2%
EPS CAGR (3Y) 28.6% 4.8% -84.2%
Operating cash flow growth (1Y) 56.3% -2.1% –
Operating cash flow CAGR (3Y) -4.8% -2.2% –
Free cash flow growth (1Y) 153.5% 27.0% –
Free cash flow CAGR (3Y) -9.5% 3.3% –

Profitability

14 metrics
MetricBAXWSTSKYA
Gross margin 68.1% 36.8% 165.8%
EBITDA margin 27.3% 25.9% –
Operating margin 9.6% 20.5% -149,065%
Pretax margin 5.1% 20.8% -151,352%
Net margin -19.2% 17.0% -158,431%
FCF margin 15.1% 13.1% –
Operating cash flow margin 24.2% 19.9% –
Return on equity -17.4% 18.4% -140.2%
Return on assets -5.4% 13.4% -137.6%
Return on invested capital 3.4% 16.9% –
Return on capital employed 3.3% 19.7% -136.7%
Asset turnover 0.3x 0.8x 0.0x
Cash conversion (OCF / net income) -1.3x 1.2x –
Stock comp / revenue 2.1% 1.0% 48,037%

Financial Health

11 metrics
MetricBAXWSTSKYA
Debt / assets 47.8% 5.0% –
Debt / equity 1.5x 0.1x –
Net debt / EBITDA 4.8x -0.3x –
Debt / FCF 11.3x 0.5x –
Liabilities / assets 68.6% 26.6% 1.9%
Equity / assets 31.4% 73.4% 98.1%
Interest coverage – 151.2x –
Current ratio 1.9x 2.8x 5.3x
Quick ratio 1.1x 1.8x 4.4x
Cash ratio 0.6x 0.7x 4.2x
Altman Z-score 2.13 18.55 31.13

Shareholder Returns

7 metrics
MetricBAXWSTSKYA
Dividend yield 0.2% 0.2% –
Net buyback yield -0.2% 1.6% –
Shareholder yield 0.0% 1.8% –
Payout ratio (earnings) -17.3% 11.0% –
Payout ratio (FCF) 21.9% 14.3% –
Dividend growth (1Y) -60.8% 3.8% –
Dividend CAGR (3Y) -32.0% 3.8% –

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.

ConsensusBAXWSTSKYA
Forward P/E 12.8xFY2026 41.1xFY2026 0.0xFY2026
EPS, next fiscal year $1.98FY2026 $9.55FY2026 $2,362.06FY2026
EPS growth, next FY -10.4%FY2026 +31.0%FY2026 –
EPS growth, the year after -3.5% +10.7% –
Revenue, next fiscal year $11.05BFY2026 $3.24BFY2026 $70.01MFY2026
Revenue growth, next FY -1.7%FY2026 +5.6%FY2026 +34,200.1%FY2026
Revenue growth, the year after +11.7% +16.8% +17.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBAXWSTSKYA
Held by institutions 100.0% 99.5% –
Institutions holding 690 833 –
Change in shares held, QoQ +5.2% -0.9% –
Institutions buying 359 448 –
Institutions selling 193 261 –
Buyers to sellers 1.86 1.72 –

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.

BAXWSTSKYA
BAX 1.00 0.26 0.11
WST 0.26 1.00 0.07
SKYA 0.11 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BAX, WST and SKYA?

West Pharmaceutical Services (WST) is the largest by market capitalisation: Baxter International (BAX) $13.08B, West Pharmaceutical Services (WST) $27.94B, SkyAI (SKYA) $207.27M.

Which company is growing faster?

SkyAI (SKYA) grew revenue fastest over the trailing twelve months: Baxter International (BAX) -49.1%, West Pharmaceutical Services (WST) +12.4%, SkyAI (SKYA) +108.9%.

Which company is more profitable?

West Pharmaceutical Services (WST) has the highest net margin (Baxter International (BAX) -19.2%, West Pharmaceutical Services (WST) 17.0%, SkyAI (SKYA) -158,431.4%). On return on invested capital, West Pharmaceutical Services (WST) leads (Baxter International (BAX) 3.4%, West Pharmaceutical Services (WST) 16.9%).

Which stock has performed better?

Over the past year West Pharmaceutical Services (WST) returned the most: Baxter International (BAX) +10.1%, West Pharmaceutical Services (WST) +27.6%, SkyAI (SKYA) -44.1%. Over five years, West Pharmaceutical Services (WST) compounded fastest (Baxter International (BAX) -21.0%/yr, West Pharmaceutical Services (WST) -1.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Baxter International (BAX) has the highest dividend yield: Baxter International (BAX) 0.01%, West Pharmaceutical Services (WST) 0.00%, SkyAI (SKYA) 0.00%. SkyAI (SKYA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, West Pharmaceutical Services (WST) has been the steadiest (Baxter International (BAX) 44.3%, West Pharmaceutical Services (WST) 31.6%, SkyAI (SKYA) 106.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BAX, WST and SKYA?

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