BFLY vs ELAN vs IDXX Stock Comparison

Butterfly Network, Elanco Animal Health and Idexx Laboratories Prices as of Nov 5, 2026 Peers: Industry group
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BFLY Butterfly Network, Inc.
$6.05 -30.5% 1M +141.0% 1Y
Market cap
$1.49B
P/E
–
Revenue (TTM)
$123.25M
Div. yield
–
Diagnostic Equipment Healthcare
2 wins

Head to Head

10 decided of 12

Idexx Laboratories leads on 7 of the 12 questions below (Idexx Laboratories 7, Butterfly Network 2, Elanco Animal Health 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBFLYELANIDXXLeader
Larger companyMarket capitalisation $1.49B $11.82B $52.85B IDXX
Cheaper on earningsLower P/E, profitable companies only -29.5x -59.4x 44.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 21.7x 42.6x ELAN
Faster revenue growthRevenue growth, trailing twelve months +39.4% +12.0% +11.9% BFLY
More profitableNet margin, trailing twelve months -43.6% -4.0% 25.4% IDXX
Better return on capitalReturn on invested capital — 6.1% 45.4% IDXX
Less leveragedLower net debt / EBITDA — 2.5x 0.4x IDXX
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +141.0% +9.6% -6.9% BFLY
Better 5-year returnAnnualised price return, 5 years -10.3%/yr -7.0%/yr +1.0%/yr IDXX
Less volatileAnnualised volatility, 1 year 112.8% 42.8% 35.9% IDXX
Higher overall scoreMean of the five percentile scores vs peers 49/100 66/100 76/100 IDXX

Percentile Scorecard

BFLYELANIDXX

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

AxisBFLYELANIDXX
Valuation 29 #164 of 229 94 #42 of 634 74 #164 of 634
Growth 90 #24 of 221 55 #272 of 608 70 #182 of 608
Profitability 38 #131 of 210 84 #92 of 557 97 #16 of 557
Financial Health 57 #103 of 240 31 #455 of 654 47 #349 of 654
Shareholder Returns 34 #97 of 147 – 92 #32 of 403
Overall 49 66 76
  • BFLY ranked among 247 companies in Medical Devices and Diagnostics
  • ELAN ranked among 671 companies in Pharmaceuticals and Biotechnology
  • IDXX 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

PeriodBFLYELANIDXXSPY
1 month -30.5%+5.2%+30.1% -5.9%
3 months -27.1%-2.1%+13.7% -4.6%
6 months +42.7%-1.4%+17.2% +0.2%
Year to date +59.2%+4.6%-0.9% +7.5%
1 year +141.0%+9.6%-6.9% +8.2%
3 years +476.2%+152.9%+58.6% +68.3%
3 years, per year +79.3%+36.3%+16.6% +19.0%
5 years -42.0%-30.6%+5.2% +56.5%
5 years, per year -10.3%-7.0%+1.0% +9.4%
10 years ——+531.5% +251.5%
10 years, per year ——+20.2% +13.4%

Risk

MeasureBFLYELANIDXXSPY
Volatility, 1Y 112.8%42.8%35.9% 13.6%
Downside volatility, 1Y 94.6%43.7%32.5% 14.2%
Beta vs S&P 500, 1Y 3.001.310.80 1.00
Return / volatility, 1Y 1.250.22-0.19 0.60
Max drawdown, 5Y -93.1%-75.7%-50.9% -25.4%
From 52-week high -39.1%-11.8%-12.5% -5.9%
52-week high $9.94$26.84$766.68 $779.14
52-week low $1.97$19.80$504.70 $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.

MultipleBFLYELANIDXX
P/E now vs peer median -29.5xmedian 26.9x -59.4xmedian 17.8x 44.7xmedian 17.8x
P/S now vs peer median 12.1xmedian 2.9x 2.4xmedian 8.1x 11.3xmedian 8.1x
EV/EBITDA now vs peer median -26.8xmedian 17.5x 11.4xmedian 15.7x 32.1xmedian 15.7x
P/FCF now vs peer median -54.0xmedian 26.4x 31.2xmedian 21.0x 40.5xmedian 21.0x
P/B now vs peer median 8.1xmedian 2.3x 1.8xmedian 2.0x 28.3xmedian 2.0x
PEG now vs peer median -0.99median 0.88 3.02median 0.36 2.95median 0.36

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 monthsBFLYELANIDXX
Revenue $123.25M $5.02B $4.66B
Gross profit $86.60M $2.78B $2.92B
Operating income -$57.83M $637.00M $1.51B
Net income -$53.69M -$199.00M $1.18B
Free cash flow -$27.55M $379.00M $1.30B
R&D $39.57M $371.00M $266.87M
EPS (diluted) $-0.20 $-0.39 $14.96
Cash & equivalents $122.30M $530.00M $197.54M
Total debt – $3.92B $848.88M
Shares (diluted) 262.10M 505.90M 79.05M
Enterprise value $952.33M $9.82B $52.07B

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
MetricBFLYELANIDXX
P/E -29.5x -59.4x 44.7x
P/FCF -54.0x 31.2x 40.5x
P/Operating cash flow -63.6x 19.2x 37.2x
P/S 12.1x 2.4x 11.3x
P/B 8.1x 1.8x 28.3x
P/Tangible book 8.4x 3.5x 30.2x
EV/EBITDA -26.8x 11.4x 32.1x
EV/EBIT -23.6x 23.9x 35.5x
EV/Revenue 11.1x 3.0x 11.5x
EV/FCF -49.6x 40.1x 41.0x
EV/Operating cash flow -58.4x 24.7x 37.7x
PEG (3Y EPS CAGR) -0.99 3.02 2.95

Growth

14 metrics
MetricBFLYELANIDXX
Revenue growth (1Y) 39.4% 12.0% 11.9%
Revenue CAGR (3Y) 21.7% 5.1% 9.1%
Gross profit growth (1Y) 126.4% 13.2% 13.7%
Gross profit CAGR (3Y) 30.5% 3.9% 10.8%
Operating income growth (1Y) 33.5% 22.0% 15.3%
Operating income CAGR (3Y) 26.9% 59.8% 11.8%
Net income growth (1Y) 32.8% -145.9% 15.1%
Net income CAGR (3Y) 24.2% -20.8% 12.8%
EPS growth (1Y) 35.4% -145.3% 17.4%
EPS CAGR (3Y) 30.0% -19.7% 15.1%
Operating cash flow growth (1Y) 5.8% 7.9% 30.4%
Operating cash flow CAGR (3Y) 41.1% 73.6% 19.6%
Free cash flow growth (1Y) -0.1% 5.0% 35.3%
Free cash flow CAGR (3Y) 38.8% 101.8% 24.2%

Profitability

14 metrics
MetricBFLYELANIDXX
Gross margin 70.3% 55.4% 62.7%
EBITDA margin -41.4% 26.5% 35.7%
Operating margin -46.9% 12.7% 32.3%
Pretax margin -43.5% -3.3% 31.7%
Net margin -43.6% -4.0% 25.4%
FCF margin -22.4% 7.5% 28.0%
Operating cash flow margin -19.0% 12.3% 30.4%
Return on equity -28.7% -3.0% 67.9%
Return on assets -18.8% -1.5% 33.1%
Return on invested capital – 6.1% 45.4%
Return on capital employed -26.6% 5.5% 65.2%
Asset turnover 0.4x 0.4x 1.3x
Cash conversion (OCF / net income) 0.4x -3.1x 1.2x
Stock comp / revenue 20.8% 1.5% 1.4%

Financial Health

11 metrics
MetricBFLYELANIDXX
Debt / assets – 28.9% 22.9%
Debt / equity – 0.6x 0.5x
Net debt / EBITDA – 2.5x 0.4x
Debt / FCF – 10.3x 0.7x
Liabilities / assets 36.0% 51.4% 49.6%
Equity / assets 64.0% 48.6% 50.4%
Interest coverage -46.8x 2.6x 43.5x
Current ratio 3.6x 2.1x 1.2x
Quick ratio 2.3x 0.9x 0.7x
Cash ratio 1.8x 0.3x 0.2x
Altman Z-score 4.66 1.50 22.69

Shareholder Returns

7 metrics
MetricBFLYELANIDXX
Dividend yield – – –
Net buyback yield -0.6% – 1.8%
Shareholder yield -0.6% – 1.8%
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.

ConsensusBFLYELANIDXX
Forward P/E – 21.7xFY2026 42.6xFY2026
EPS, next fiscal year $-0.06FY2026 $1.09FY2026 $15.74FY2026
EPS growth, next FY – +16.0%FY2026 +20.3%FY2026
EPS growth, the year after – +23.9% +12.5%
Revenue, next fiscal year $117.62MFY2026 $4.79BFY2026 $5.02BFY2026
Revenue growth, next FY +20.5%FY2026 +1.6%FY2026 +16.8%FY2026
Revenue growth, the year after +22.7% +19.5% +0.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBFLYELANIDXX
Held by institutions 58.4% 100.0% 93.6%
Institutions holding 248 526 1,291
Change in shares held, QoQ +13.9% +4.4% +4.1%
Institutions buying 144 246 589
Institutions selling 59 211 496
Buyers to sellers 2.44 1.17 1.19

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.

BFLYELANIDXX
BFLY 1.00 0.18 0.24
ELAN 0.18 1.00 0.41
IDXX 0.24 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BFLY, ELAN and IDXX?

Idexx Laboratories (IDXX) is the largest by market capitalisation: Butterfly Network (BFLY) $1.49B, Elanco Animal Health (ELAN) $11.82B, Idexx Laboratories (IDXX) $52.85B.

Which company is growing faster?

Butterfly Network (BFLY) grew revenue fastest over the trailing twelve months: Butterfly Network (BFLY) +39.4%, Elanco Animal Health (ELAN) +12.0%, Idexx Laboratories (IDXX) +11.9%.

Which company is more profitable?

Idexx Laboratories (IDXX) has the highest net margin (Butterfly Network (BFLY) -43.6%, Elanco Animal Health (ELAN) -4.0%, Idexx Laboratories (IDXX) 25.4%). On return on invested capital, Idexx Laboratories (IDXX) leads (Elanco Animal Health (ELAN) 6.1%, Idexx Laboratories (IDXX) 45.4%).

Which stock has performed better?

Over the past year Butterfly Network (BFLY) returned the most: Butterfly Network (BFLY) +141.0%, Elanco Animal Health (ELAN) +9.6%, Idexx Laboratories (IDXX) -6.9%. Over five years, Idexx Laboratories (IDXX) compounded fastest (Butterfly Network (BFLY) -10.3%/yr, Elanco Animal Health (ELAN) -7.0%/yr, Idexx Laboratories (IDXX) +1.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Idexx Laboratories (IDXX) has been the steadiest (Butterfly Network (BFLY) 112.8%, Elanco Animal Health (ELAN) 42.8%, Idexx Laboratories (IDXX) 35.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BFLY, ELAN and IDXX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Idexx Laboratories (IDXX) leads on 7. 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.