BHC vs ALVO vs AMRX Stock Comparison

Bausch Health Companies, Alvotech and Amneal Pharmaceuticals Prices as of Oct 27, 2026 Peers: Industry group
ALVO Alvotech
$4.75 -17.4% 1M -41.6% 1Y
Market cap
$1.44B
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.

QuestionBHCALVOAMRXLeader
Larger companyMarket capitalisation $2.55B $1.44B $6.75B AMRX
Cheaper on earningsLower P/E, profitable companies only -2.3x -5.5x 42.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1.3x — 22.1x BHC
Faster revenue growthRevenue growth, trailing twelve months +10.1% -74.3% +9.3% BHC
More profitableNet margin, trailing twelve months -10.1% -248.0% 5.0% AMRX
Better return on capitalReturn on invested capital 4.6% 4.4% 17.4% AMRX
Less leveragedLower net debt / EBITDA 8.9x 13.1x 3.8x AMRX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +1.6% -41.6% +109.2% AMRX
Better 5-year returnAnnualised price return, 5 years -25.6%/yr -13.7%/yr +31.5%/yr AMRX
Less volatileAnnualised volatility, 1 year 54.7% 81.7% 35.0% AMRX
Higher overall scoreMean of the five percentile scores vs peers 60/100 48/100 70/100 AMRX

Percentile Scorecard

BHCALVOAMRX

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

AxisBHCALVOAMRX
Valuation 99 #10 of 625 72 #174 of 625 91 #55 of 625
Growth 44 #338 of 602 34 #395 of 602 74 #157 of 602
Profitability 84 #89 of 551 68 #175 of 551 84 #88 of 551
Financial Health 15 #558 of 656 15 #555 of 656 12 #580 of 656
Shareholder Returns – – 88 #46 of 365
Overall 60 48 70
  • BHC ranked among 672 companies in Pharmaceuticals and Biotechnology
  • ALVO ranked among 672 companies in Pharmaceuticals and Biotechnology
  • AMRX ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodBHCALVOAMRXSPY
1 month +10.7%-17.4%+8.4% -0.2%
3 months +39.4%+53.2%+14.3% +3.9%
6 months +11.1%+34.9%+68.4% +8.2%
Year to date -9.4%-7.4%+70.2% +12.9%
1 year +1.6%-41.6%+109.2% +12.3%
3 years -4.1%-47.1%+468.7% +87.4%
3 years, per year -1.4%-19.1%+78.6% +23.3%
5 years -77.2%-52.1%+293.4% +67.9%
5 years, per year -25.6%-13.7%+31.5% +10.9%
10 years -71.5%—— +261.1%
10 years, per year -11.8%—— +13.7%

Risk

MeasureBHCALVOAMRXSPY
Volatility, 1Y 54.7%81.7%35.0% 12.7%
Downside volatility, 1Y 47.8%86.1%31.0% 12.7%
Beta vs S&P 500, 1Y 0.880.740.70 1.00
Return / volatility, 1Y 0.03-0.513.12 0.97
Max drawdown, 5Y -84.9%-82.6%-78.2% -25.4%
From 52-week high -20.3%-41.6%0.0% -1.2%
52-week high $7.90$8.13$21.44 $779.14
52-week low $4.43$3.00$10.00 $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.

MultipleBHCALVOAMRX
P/E now vs peer median -2.2xmedian 17.2x -5.2xmedian 17.2x 43.5xmedian 17.2x
P/S now vs peer median 0.2xmedian 9.0x 14.0xmedian 9.0x 2.2xmedian 9.0x
EV/EBITDA now vs peer median 10.0xmedian 16.3x 29.8xmedian 16.3x 14.1xmedian 16.3x
P/FCF now vs peer median 1.6xmedian 18.7x -5.7xmedian 18.7x 82.4xmedian 18.7x
P/B now vs peer median -1.3xmedian 2.2x -7.7xmedian 2.2x 207.3xmedian 2.2x
PEG now vs peer median 0.03median 0.33 -0.21median 0.33 0.18median 0.33

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 monthsBHCALVOAMRX
Revenue $10.85B $105.94M $3.12B
Gross profit $7.80B $7.66M $1.23B
Operating income $883.00M $47.54M $453.92M
Net income -$1.10B -$179.60M $215.32M
Free cash flow $1.43B -$261.39M $83.11M
R&D $663.00M $46.37M $175.57M
EPS (diluted) $-2.90 $-0.90 $0.48
Cash & equivalents $1.83B $142.80M $127.64M
Total debt $20.74B $1.31B $2.67B
Shares (diluted) 378.10M 291.34M 328.10M
Enterprise value -$3.19B $1.00B $5.94B

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
MetricBHCALVOAMRX
P/E -2.2x -5.2x 43.5x
P/FCF 1.6x -5.7x 82.4x
P/Operating cash flow 1.3x -7.5x 34.1x
P/S 0.2x 14.0x 2.2x
P/B -1.3x -7.7x 207.3x
P/Tangible book -0.4x -4.4x -12.3x
EV/EBITDA 10.0x 29.8x 14.1x
EV/EBIT 24.1x 55.6x 20.7x
EV/Revenue 2.0x 25.0x 3.0x
EV/FCF 14.9x -10.1x 113.0x
EV/Operating cash flow 11.8x -13.3x 46.8x
PEG (3Y EPS CAGR) 0.03 -0.21 0.18

Growth

14 metrics
MetricBHCALVOAMRX
Revenue growth (1Y) 10.1% -74.3% 9.3%
Revenue CAGR (3Y) 9.1% 104.2% 10.5%
Gross profit growth (1Y) 11.8% -95.0% 14.1%
Gross profit CAGR (3Y) 9.8% 27.6% 14.9%
Operating income growth (1Y) -44.7% -13.3% 20.6%
Operating income CAGR (3Y) 14.1% 28.9% 32.5%
Net income growth (1Y) -1,721% -383.6% 426.4%
Net income CAGR (3Y) -76.0% 24.4% 139.1%
EPS growth (1Y) -1,206% -481.6% 4,481%
EPS CAGR (3Y) -79.0% 24.6% 237.0%
Operating cash flow growth (1Y) 19.5% -367.1% -42.8%
Operating cash flow CAGR (3Y) 83.8% 12.8% 0.4%
Free cash flow growth (1Y) 28.3% -113.0% -69.3%
Free cash flow CAGR (3Y) 62.6% 8.6% -17.3%

Profitability

14 metrics
MetricBHCALVOAMRX
Gross margin 71.8% 7.2% 39.3%
EBITDA margin 19.6% 83.9% 21.3%
Operating margin 8.1% 44.9% 14.6%
Pretax margin -6.7% -62.1% 6.5%
Net margin -10.1% -248.0% 5.0%
FCF margin 13.2% -246.7% 2.7%
Operating cash flow margin 16.6% -187.6% 6.4%
Return on equity – – –
Return on assets -4.4% -17.5% 5.9%
Return on invested capital 4.6% 4.4% 17.4%
Return on capital employed 4.4% 4.1% 16.4%
Asset turnover 0.4x 0.1x 0.9x
Cash conversion (OCF / net income) -1.6x 1.1x 0.9x
Stock comp / revenue 2.1% 8.7% 1.1%

Financial Health

11 metrics
MetricBHCALVOAMRX
Debt / assets 83.7% 82.3% 70.7%
Debt / equity -11.7x -6.8x 80.9x
Net debt / EBITDA 8.9x 13.1x 3.8x
Debt / FCF 14.5x -5.0x 32.1x
Liabilities / assets 107.1% 112.1% 99.1%
Equity / assets -7.1% -12.1% 0.9%
Interest coverage 0.5x 0.8x –
Current ratio 1.4x 1.6x 2.2x
Quick ratio 0.9x 1.1x 1.3x
Cash ratio 0.4x 0.4x 0.1x
Altman Z-score 0.09 -1.36 2.50

Shareholder Returns

7 metrics
MetricBHCALVOAMRX
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.

ConsensusBHCALVOAMRX
Forward P/E 1.3xFY2026 – 22.1xFY2026
EPS, next fiscal year $4.86FY2026 $-0.01FY2026 $0.97FY2026
EPS growth, next FY +26.9%FY2026 – +16.9%FY2026
EPS growth, the year after -13.4% – +26.8%
Revenue, next fiscal year $11.45BFY2026 $556.32MFY2026 $3.24BFY2026
Revenue growth, next FY +11.9%FY2026 -6.2%FY2026 +7.4%FY2026
Revenue growth, the year after -0.5% +23.2% +12.4%

Institutional Ownership

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

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.

BHCALVOAMRX
BHC 1.00 0.11 0.14
ALVO 0.11 1.00 0.09
AMRX 0.14 0.09 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, BHC, ALVO and AMRX?

Amneal Pharmaceuticals (AMRX) is the largest by market capitalisation: Bausch Health Companies (BHC) $2.55B, Alvotech (ALVO) $1.44B, Amneal Pharmaceuticals (AMRX) $6.75B.

Which company is growing faster?

Bausch Health Companies (BHC) grew revenue fastest over the trailing twelve months: Bausch Health Companies (BHC) +10.1%, Alvotech (ALVO) -74.3%, Amneal Pharmaceuticals (AMRX) +9.3%.

Which company is more profitable?

Amneal Pharmaceuticals (AMRX) has the highest net margin (Bausch Health Companies (BHC) -10.1%, Alvotech (ALVO) -248.0%, Amneal Pharmaceuticals (AMRX) 5.0%). On return on invested capital, Amneal Pharmaceuticals (AMRX) leads (Bausch Health Companies (BHC) 4.6%, Alvotech (ALVO) 4.4%, Amneal Pharmaceuticals (AMRX) 17.4%).

Which stock has performed better?

Over the past year Amneal Pharmaceuticals (AMRX) returned the most: Bausch Health Companies (BHC) +1.6%, Alvotech (ALVO) -41.6%, Amneal Pharmaceuticals (AMRX) +109.2%. Over five years, Amneal Pharmaceuticals (AMRX) compounded fastest (Bausch Health Companies (BHC) -25.6%/yr, Alvotech (ALVO) -13.7%/yr, Amneal Pharmaceuticals (AMRX) +31.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Amneal Pharmaceuticals (AMRX) has been the steadiest (Bausch Health Companies (BHC) 54.7%, Alvotech (ALVO) 81.7%, Amneal Pharmaceuticals (AMRX) 35.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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.