CTKB vs DHR vs TMO Stock Comparison

Cytek Biosciences, Danaher and Thermo Fisher Scientific Prices as of Oct 26, 2026 Peers: Industry group
CTKB Cytek Biosciences, Inc.
$5.89 +4.2% 1M +38.3% 1Y
Market cap
$770.94M
P/E
–
Revenue (TTM)
$206.71M
Div. yield
–
Life Sciences Tools Healthcare
1 win
DHR Danaher Corp /De/
$232.95 +3.7% 1M +4.5% 1Y
Market cap
$163.62B
P/E
40.9x
Revenue (TTM)
$25.11B
Div. yield
–
Life Sciences Tools Healthcare
3 wins

Head to Head

9 decided of 12

Thermo Fisher Scientific leads on 5 of the 12 questions below (Thermo Fisher Scientific 5, Danaher 3, Cytek Biosciences 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCTKBDHRTMOLeader
Larger companyMarket capitalisation $770.94M $163.62B $257.69B TMO
Cheaper on earningsLower P/E, profitable companies only -9.6x 40.9x 36.4x TMO
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 25.6x 26.4x DHR
Faster revenue growthRevenue growth, trailing twelve months +5.4% +4.6% +8.3% TMO
More profitableNet margin, trailing twelve months -39.0% 15.9% — DHR
Better return on capitalReturn on invested capital — 5.7% — –
Less leveragedLower net debt / EBITDA — 2.9x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +38.3% +4.5% +19.6% CTKB
Better 5-year returnAnnualised price return, 5 years -24.1%/yr -5.3%/yr +2.3%/yr TMO
Less volatileAnnualised volatility, 1 year 55.9% 30.7% 29.9% TMO
Higher overall scoreMean of the five percentile scores vs peers 40/100 59/100 51/100 DHR

Percentile Scorecard

CTKBDHRTMO

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

AxisCTKBDHRTMO
Valuation 55 #103 of 228 67 #75 of 228 49 #116 of 228
Growth 3 #214 of 221 21 #176 of 221 40 #133 of 221
Profitability 44 #116 of 208 88 #26 of 208 70 #63 of 208
Financial Health 53 #113 of 239 46 #130 of 239 –
Shareholder Returns 46 #74 of 137 76 #34 of 137 44 #77 of 137
Overall 40 59 51
  • CTKB ranked among 248 companies in Medical Devices and Diagnostics
  • DHR ranked among 248 companies in Medical Devices and Diagnostics
  • TMO 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

PeriodCTKBDHRTMOSPY
1 month +4.2%+3.7%+1.7% -0.8%
3 months +33.6%+18.5%+22.4% +3.5%
6 months +32.1%+29.0%+46.3% +7.0%
Year to date +16.6%+1.8%+18.2% +12.2%
1 year +38.3%+4.5%+19.6% +13.0%
3 years +36.0%+24.0%+58.7% +86.3%
3 years, per year +10.8%+7.4%+16.7% +23.1%
5 years -74.7%-23.7%+11.8% +68.6%
5 years, per year -24.1%-5.3%+2.3% +11.0%
10 years —+199.7%+362.6% +258.0%
10 years, per year —+11.6%+16.6% +13.6%

Risk

MeasureCTKBDHRTMOSPY
Volatility, 1Y 55.9%30.7%29.9% 12.7%
Downside volatility, 1Y 55.0%31.8%28.3% 12.7%
Beta vs S&P 500, 1Y 0.870.450.62 1.00
Return / volatility, 1Y 0.680.150.66 1.02
Max drawdown, 5Y -90.3%-50.8%-41.5% -25.4%
From 52-week high -3.3%-3.8%-1.7% -1.8%
52-week high $6.09$242.05$696.55 $779.14
52-week low $3.36$161.91$438.34 $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.

MultipleCTKBDHRTMO
P/E now vs peer median -9.5xmedian 30.6x 41.0xmedian 30.6x 35.9xmedian 30.6x
P/S now vs peer median 3.7xmedian 3.0x 6.5xmedian 3.0x 5.3xmedian 3.0x
EV/EBITDA now vs peer median -18.7xmedian 17.5x 24.3xmedian 17.5x —median 17.5x
P/FCF now vs peer median -63.4xmedian 23.3x 30.0xmedian 23.3x 34.0xmedian 23.3x
P/B now vs peer median 2.4xmedian 2.4x 3.1xmedian 2.4x 4.6xmedian 2.4x
PEG now vs peer median 0.07median 0.87 -3.28median 0.87 4.74median 0.87

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 monthsCTKBDHRTMO
Revenue $206.71M $25.11B $47.35B
Gross profit $110.03M $14.69B –
Operating income -$44.65M $5.13B $8.47B
Net income -$80.58M $4.00B $7.09B
Free cash flow -$12.08M $5.47B –
R&D $37.26M $1.62B $1.40B
EPS (diluted) $-0.62 $5.66 $19.06
Cash & equivalents $73.85M $4.35B $5.46B
Total debt – $26.56B –
Shares (diluted) 129.46M 707.60M 371.00M
Enterprise value $447.21M $147.42B $257.69B

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
MetricCTKBDHRTMO
P/E -9.5x 41.0x 35.9x
P/FCF -63.4x 30.0x 34.0x
P/Operating cash flow -126.8x 24.7x 27.2x
P/S 3.7x 6.5x 5.3x
P/B 2.4x 3.1x 4.6x
P/Tangible book 2.5x 5.2x 6.9x
EV/EBITDA -18.7x 24.3x –
EV/EBIT -15.5x 36.3x –
EV/Revenue 3.3x 7.4x 5.3x
EV/FCF -57.3x 34.0x –
EV/Operating cash flow -114.6x 28.0x 27.2x
PEG (3Y EPS CAGR) 0.07 -3.28 4.74

Growth

14 metrics
MetricCTKBDHRTMO
Revenue growth (1Y) 5.4% 4.6% 8.3%
Revenue CAGR (3Y) 5.6% -0.5% 2.9%
Gross profit growth (1Y) 3.1% 2.6% –
Gross profit CAGR (3Y) 1.4% -0.9% –
Operating income growth (1Y) -66.2% 16.1% 12.8%
Operating income CAGR (3Y) -31.0% -7.1% 7.2%
Net income growth (1Y) -1,159% 17.3% 7.9%
Net income CAGR (3Y) -139.7% -14.3% 6.2%
EPS growth (1Y) -1,134% 19.2% 9.7%
EPS CAGR (3Y) -141.6% -12.5% 7.6%
Operating cash flow growth (1Y) -139.7% 7.6% 21.9%
Operating cash flow CAGR (3Y) -66.7% -7.6% 4.5%
Free cash flow growth (1Y) -211.1% 12.4% –
Free cash flow CAGR (3Y) -3.9% -9.0% –

Profitability

14 metrics
MetricCTKBDHRTMO
Gross margin 53.2% 58.5% –
EBITDA margin -17.9% 30.5% –
Operating margin -21.6% 20.4% –
Pretax margin -19.7% 19.0% –
Net margin -39.0% 15.9% –
FCF margin -5.8% 21.8% –
Operating cash flow margin -2.9% 26.4% 19.7%
Return on equity -24.8% 7.6% 13.2%
Return on assets -18.0% 4.5% 6.2%
Return on invested capital – 5.7% –
Return on capital employed -12.3% 6.4% –
Asset turnover 0.5x 0.3x 0.4x
Cash conversion (OCF / net income) 0.1x 1.7x 1.3x
Stock comp / revenue 10.3% 1.2% –

Financial Health

11 metrics
MetricCTKBDHRTMO
Debt / assets – 28.8% –
Debt / equity – 0.5x –
Net debt / EBITDA – 2.9x –
Debt / FCF – 4.9x –
Liabilities / assets 28.0% 43.1% –
Equity / assets 72.0% 56.9% 47.9%
Interest coverage -143.1x 17.6x –
Current ratio 4.5x 1.7x 1.8x
Quick ratio 1.5x 1.0x –
Cash ratio 0.9x 0.5x –
Altman Z-score 4.18 3.72 –

Shareholder Returns

7 metrics
MetricCTKBDHRTMO
Dividend yield – 0.7% 0.3%
Net buyback yield -0.2% 1.8% –
Shareholder yield -0.2% 2.4% 0.3%
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.

ConsensusCTKBDHRTMO
Forward P/E – 25.6xFY2026 26.4xFY2026
EPS, next fiscal year $-0.32FY2026 $9.11FY2026 $25.91FY2026
EPS growth, next FY – +16.8%FY2026 +13.3%FY2026
EPS growth, the year after – +8.0% +2.0%
Revenue, next fiscal year $197.36MFY2026 $27.01BFY2026 $50.12BFY2026
Revenue growth, next FY -2.1%FY2026 +9.9%FY2026 +12.5%FY2026
Revenue growth, the year after +9.9% -1.9% -2.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCTKBDHRTMO
Held by institutions 62.8% 81.9% 90.2%
Institutions holding 156 2,115 2,621
Change in shares held, QoQ -4.1% +1.1% +0.8%
Institutions buying 75 837 1,141
Institutions selling 64 1,015 1,144
Buyers to sellers 1.17 0.82 1.00

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.

CTKBDHRTMO
CTKB 1.00 0.42 0.47
DHR 0.42 1.00 0.72
TMO 0.47 0.72 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CTKB, DHR and TMO?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: Cytek Biosciences (CTKB) $770.94M, Danaher (DHR) $163.62B, Thermo Fisher Scientific (TMO) $257.69B.

Which stock is cheaper, CTKB, DHR and TMO?

Thermo Fisher Scientific (TMO) trades on the lowest price-to-earnings ratio (Cytek Biosciences (CTKB) -9.6x, Danaher (DHR) 40.9x, Thermo Fisher Scientific (TMO) 36.4x). On next year's consensus earnings, Danaher (DHR) is cheapest (Danaher (DHR) 25.6x, Thermo Fisher Scientific (TMO) 26.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Thermo Fisher Scientific (TMO) grew revenue fastest over the trailing twelve months: Cytek Biosciences (CTKB) +5.4%, Danaher (DHR) +4.6%, Thermo Fisher Scientific (TMO) +8.3%.

Which company is more profitable?

Danaher (DHR) has the highest net margin (Cytek Biosciences (CTKB) -39.0%, Danaher (DHR) 15.9%).

Which stock has performed better?

Over the past year Cytek Biosciences (CTKB) returned the most: Cytek Biosciences (CTKB) +38.3%, Danaher (DHR) +4.5%, Thermo Fisher Scientific (TMO) +19.6%. Over five years, Thermo Fisher Scientific (TMO) compounded fastest (Cytek Biosciences (CTKB) -24.1%/yr, Danaher (DHR) -5.3%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (Cytek Biosciences (CTKB) 55.9%, Danaher (DHR) 30.7%, Thermo Fisher Scientific (TMO) 29.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CTKB, DHR and TMO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Thermo Fisher Scientific (TMO) 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.