BHC vs RDY vs VTRS Stock Comparison

Bausch Health Companies, Dr Reddys Laboratories and Viatris Prices as of Oct 27, 2026 Peers: Industry group
VTRS Viatris Inc
$18.72 +5.0% 1M +79.7% 1Y
Market cap
$21.50B
P/E
–
Revenue (TTM)
$14.74B
Div. yield
2.56%
Generic Drugs Healthcare
5 wins

Head to Head

11 decided of 12

Viatris leads on 5 of the 12 questions below (Viatris 5, Dr Reddys Laboratories 4, Bausch Health Companies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBHCRDYVTRSLeader
Larger companyMarket capitalisation $2.36B $11.48B $21.50B VTRS
Cheaper on earningsLower P/E, profitable companies only -2.2x 31.5x -53.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1.3x 28.6x 7.1x BHC
Faster revenue growthRevenue growth, trailing twelve months +10.1% -10.5% +4.4% BHC
More profitableNet margin, trailing twelve months -10.1% 10.2% -2.8% RDY
Better return on capitalReturn on invested capital 4.6% 5.6% -0.2% RDY
Less leveragedLower net debt / EBITDA 8.9x 1.2x 4.6x RDY
Higher dividend yieldTrailing dividend yield 0.00% 0.58% 2.56% VTRS
Better 1-year returnPrice return, last 12 months +1.6% -5.0% +79.7% VTRS
Better 5-year returnAnnualised price return, 5 years -25.6%/yr +2.4%/yr +7.0%/yr VTRS
Less volatileAnnualised volatility, 1 year 54.7% 27.5% 32.4% RDY
Higher overall scoreMean of the five percentile scores vs peers 60/100 58/100 66/100 VTRS

Percentile Scorecard

BHCRDYVTRS

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

AxisBHCRDYVTRS
Valuation 99 #10 of 625 91 #56 of 625 93 #44 of 625
Growth 44 #338 of 602 10 #542 of 602 48 #314 of 602
Profitability 84 #89 of 551 83 #93 of 551 81 #104 of 551
Financial Health 15 #558 of 656 44 #370 of 656 23 #508 of 656
Shareholder Returns – 62 #140 of 365 85 #54 of 365
Overall 60 58 66
  • BHC ranked among 672 companies in Pharmaceuticals and Biotechnology
  • RDY ranked among 672 companies in Pharmaceuticals and Biotechnology
  • VTRS 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

PeriodBHCRDYVTRSSPY
1 month +10.7%+12.2%+5.0% -0.2%
3 months +39.4%+17.1%+4.8% +3.9%
6 months +11.1%-2.0%+26.3% +8.2%
Year to date -9.4%-2.1%+50.4% +12.9%
1 year +1.6%-5.0%+79.7% +12.3%
3 years -4.1%+5.7%+113.5% +87.4%
3 years, per year -1.4%+1.9%+28.8% +23.3%
5 years -77.2%+12.6%+40.4% +67.9%
5 years, per year -25.6%+2.4%+7.0% +10.9%
10 years -71.5%+39.3%-50.8% +261.1%
10 years, per year -11.8%+3.4%-6.8% +13.7%

Risk

MeasureBHCRDYVTRSSPY
Volatility, 1Y 54.7%27.5%32.4% 12.7%
Downside volatility, 1Y 47.8%30.3%29.6% 12.7%
Beta vs S&P 500, 1Y 0.880.280.70 1.00
Return / volatility, 1Y 0.03-0.182.46 0.97
Max drawdown, 5Y -84.9%-32.3%-52.9% -25.4%
From 52-week high -20.3%-10.6%0.0% -1.2%
52-week high $7.90$15.38$18.72 $779.14
52-week low $4.43$11.40$10.11 $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.

MultipleBHCRDYVTRS
P/E now vs peer median -2.2xmedian 17.2x 31.5xmedian 17.2x -53.0xmedian 17.2x
P/S now vs peer median 0.2xmedian 9.0x 3.2xmedian 9.0x 1.5xmedian 9.0x
EV/EBITDA now vs peer median 10.0xmedian 16.3x 22.9xmedian 16.3x 12.5xmedian 16.3x
P/FCF now vs peer median 1.6xmedian 18.7x 822.3xmedian 18.7x 11.0xmedian 18.7x
P/B now vs peer median -1.3xmedian 2.2x 2.8xmedian 2.2x 1.5xmedian 2.2x
PEG now vs peer median 0.03median 0.33 -1.48median 0.33 1.73median 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 monthsBHCRDYVTRS
Revenue $10.85B $3.56B $14.74B
Gross profit $7.80B $1.76B $5.13B
Operating income $883.00M $347.04M -$87.30M
Net income -$1.10B $299.19M -$410.70M
Free cash flow $1.43B $13.96M $1.95B
R&D $663.00M $244.48M $1.02B
EPS (diluted) $-2.90 $0.44 $-0.35
Cash & equivalents $1.83B $138.41M $886.50M
Total debt $20.74B $752.59M $13.35B
Shares (diluted) 378.10M 833.33M 1.16B
Enterprise value -$2.42B $10.85B $16.51B

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
MetricBHCRDYVTRS
P/E -2.2x 31.5x -53.0x
P/FCF 1.6x 822.3x 11.0x
P/Operating cash flow 1.3x 33.8x 9.2x
P/S 0.2x 3.2x 1.5x
P/B -1.3x 2.8x 1.5x
P/Tangible book -0.4x 3.9x 36.8x
EV/EBITDA 10.0x 22.9x 12.5x
EV/EBIT 24.1x 34.8x -389.1x
EV/Revenue 2.0x 3.4x 2.3x
EV/FCF 14.9x 866.3x 17.4x
EV/Operating cash flow 11.8x 35.6x 14.6x
PEG (3Y EPS CAGR) 0.03 -1.48 1.73

Growth

14 metrics
MetricBHCRDYVTRS
Revenue growth (1Y) 10.1% -10.5% 4.4%
Revenue CAGR (3Y) 9.1% 3.2% -1.9%
Gross profit growth (1Y) 11.8% -21.5% -0.7%
Gross profit CAGR (3Y) 9.8% -2.3% -6.0%
Operating income growth (1Y) -44.7% -58.2% 96.6%
Operating income CAGR (3Y) 14.1% -24.1% -27.6%
Net income growth (1Y) -1,721% -55.9% 88.2%
Net income CAGR (3Y) -76.0% -21.5% -30.5%
EPS growth (1Y) -1,206% -54.1% 88.1%
EPS CAGR (3Y) -79.0% -21.3% -30.6%
Operating cash flow growth (1Y) 19.5% -39.6% 12.9%
Operating cash flow CAGR (3Y) 83.8% -27.1% -3.0%
Free cash flow growth (1Y) 28.3% -98.4% 11.6%
Free cash flow CAGR (3Y) 62.6% -73.6% -3.6%

Profitability

14 metrics
MetricBHCRDYVTRS
Gross margin 71.8% 49.5% 34.8%
EBITDA margin 19.6% 14.9% 18.4%
Operating margin 8.1% 9.7% -0.6%
Pretax margin -6.7% 10.7% -4.5%
Net margin -10.1% 10.2% -2.8%
FCF margin 13.2% 0.4% 13.3%
Operating cash flow margin 16.6% 9.5% 15.8%
Return on equity – 7.4% -2.8%
Return on assets -4.4% 5.0% -1.1%
Return on invested capital 4.6% 5.6% -0.2%
Return on capital employed 4.4% 7.9% -0.3%
Asset turnover 0.4x 0.6x 0.4x
Cash conversion (OCF / net income) -1.6x 1.1x -5.7x
Stock comp / revenue 2.1% 0.1% 1.2%

Financial Health

11 metrics
MetricBHCRDYVTRS
Debt / assets 83.7% 12.6% 38.1%
Debt / equity -11.7x 0.2x 0.9x
Net debt / EBITDA 8.9x 1.2x 4.6x
Debt / FCF 14.5x 53.9x 6.8x
Liabilities / assets 107.1% 32.2% 59.3%
Equity / assets -7.1% 67.8% 40.7%
Interest coverage 0.5x 7.2x -0.2x
Current ratio 1.4x 1.9x 1.6x
Quick ratio 0.9x 0.7x 0.7x
Cash ratio 0.4x 0.1x 0.1x
Altman Z-score 0.09 5.53 1.15

Shareholder Returns

7 metrics
MetricBHCRDYVTRS
Dividend yield – 0.6% 2.6%
Net buyback yield – -0.1% 1.4%
Shareholder yield 0.0% 0.5% 4.0%
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.

ConsensusBHCRDYVTRS
Forward P/E 1.3xFY2026 28.6xFY2026 7.1xFY2026
EPS, next fiscal year $4.86FY2026 $0.48FY2026 $2.62FY2026
EPS growth, next FY +26.9%FY2026 -11.1%FY2026 +11.5%FY2026
EPS growth, the year after -13.4% +20.8% -1.5%
Revenue, next fiscal year $11.45BFY2026 $3.82BFY2026 $15.31BFY2026
Revenue growth, next FY +11.9%FY2026 +8.7%FY2026 +7.0%FY2026
Revenue growth, the year after -0.5% +3.7% -4.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBHCRDYVTRS
Held by institutions 63.3% 15.1% 89.9%
Institutions holding 221 238 1,028
Change in shares held, QoQ +1.9% +4.3% +5.6%
Institutions buying 99 107 486
Institutions selling 63 97 318
Buyers to sellers 1.57 1.10 1.53

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.

BHCRDYVTRS
BHC 1.00 0.12 0.21
RDY 0.12 1.00 0.27
VTRS 0.21 0.27 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, BHC, RDY and VTRS?

Viatris (VTRS) is the largest by market capitalisation: Bausch Health Companies (BHC) $2.36B, Dr Reddys Laboratories (RDY) $11.48B, Viatris (VTRS) $21.50B.

Which company is growing faster?

Bausch Health Companies (BHC) grew revenue fastest over the trailing twelve months: Bausch Health Companies (BHC) +10.1%, Dr Reddys Laboratories (RDY) -10.5%, Viatris (VTRS) +4.4%.

Which company is more profitable?

Dr Reddys Laboratories (RDY) has the highest net margin (Bausch Health Companies (BHC) -10.1%, Dr Reddys Laboratories (RDY) 10.2%, Viatris (VTRS) -2.8%). On return on invested capital, Dr Reddys Laboratories (RDY) leads (Bausch Health Companies (BHC) 4.6%, Dr Reddys Laboratories (RDY) 5.6%, Viatris (VTRS) -0.2%).

Which stock has performed better?

Over the past year Viatris (VTRS) returned the most: Bausch Health Companies (BHC) +1.6%, Dr Reddys Laboratories (RDY) -5.0%, Viatris (VTRS) +79.7%. Over five years, Viatris (VTRS) compounded fastest (Bausch Health Companies (BHC) -25.6%/yr, Dr Reddys Laboratories (RDY) +2.4%/yr, Viatris (VTRS) +7.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Viatris (VTRS) has the highest dividend yield: Bausch Health Companies (BHC) 0.00%, Dr Reddys Laboratories (RDY) 0.58%, Viatris (VTRS) 2.56%. Bausch Health Companies (BHC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dr Reddys Laboratories (RDY) has been the steadiest (Bausch Health Companies (BHC) 54.7%, Dr Reddys Laboratories (RDY) 27.5%, Viatris (VTRS) 32.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BHC, RDY and VTRS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Viatris (VTRS) leads on 5. 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.