DXCM vs ABT vs STE Stock Comparison

Dexcom, Abbott Laboratories and Steris Prices as of Oct 26, 2026 Peers: Industry group
DXCM Dexcom Inc
$78.57 -9.3% 1M +11.7% 1Y
Market cap
$30.02B
P/E
30.0x
Revenue (TTM)
$4.97B
Div. yield
–
Medical Devices Healthcare
4 wins
ABT Abbott Laboratories
$104.88 +3.5% 1M -17.3% 1Y
Market cap
$179.65B
P/E
38.2x
Revenue (TTM)
$48.23B
Div. yield
–
Medical Devices Healthcare
2 wins
STE STERIS plc
$230.10 +10.1% 1M -4.4% 1Y
Market cap
$22.29B
P/E
27.7x
Revenue (TTM)
$6.04B
Div. yield
0.01%
Medical Devices Healthcare
3 wins

Head to Head

9 decided of 12

Dexcom leads on 4 of the 12 questions below (Dexcom 4, Steris 3, Abbott Laboratories 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDXCMABTSTELeader
Larger companyMarket capitalisation $30.02B $179.65B $22.29B ABT
Cheaper on earningsLower P/E, profitable companies only 30.0x 38.2x 27.7x STE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.8x 18.4x 19.9x ABT
Faster revenue growthRevenue growth, trailing twelve months +15.5% +10.0% +8.4% DXCM
More profitableNet margin, trailing twelve months 20.1% — 13.3% DXCM
Better return on capitalReturn on invested capital — — 9.3% –
Less leveragedLower net debt / EBITDA — — 0.9x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +11.7% -17.3% -4.4% DXCM
Better 5-year returnAnnualised price return, 5 years -10.9%/yr -3.9%/yr -0.2%/yr STE
Less volatileAnnualised volatility, 1 year 40.8% 27.4% 26.3% STE
Higher overall scoreMean of the five percentile scores vs peers 78/100 60/100 76/100 DXCM

Percentile Scorecard

DXCMABTSTE

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

AxisDXCMABTSTE
Valuation 71 #66 of 228 74 #61 of 228 84 #38 of 228
Growth 97 #8 of 221 17 #183 of 221 71 #64 of 221
Profitability 100 #1 of 208 – 87 #27 of 208
Financial Health 34 #158 of 239 – 63 #89 of 239
Shareholder Returns 87 #19 of 137 90 #15 of 137 73 #38 of 137
Overall 78 60 76
  • DXCM ranked among 248 companies in Medical Devices and Diagnostics
  • ABT ranked among 248 companies in Medical Devices and Diagnostics
  • STE 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

PeriodDXCMABTSTESPY
1 month -9.3%+3.5%+10.1% -0.8%
3 months +7.1%+0.3%+5.3% +3.5%
6 months +27.9%+13.0%+3.6% +7.0%
Year to date +18.4%-16.3%-9.2% +12.2%
1 year +11.7%-17.3%-4.4% +13.0%
3 years -12.0%+13.0%+9.9% +86.3%
3 years, per year -4.2%+4.1%+3.2% +23.1%
5 years -43.7%-17.9%-0.9% +68.6%
5 years, per year -10.9%-3.9%-0.2% +11.0%
10 years +306.9%+162.5%+238.8% +258.0%
10 years, per year +15.1%+10.1%+13.0% +13.6%

Risk

MeasureDXCMABTSTESPY
Volatility, 1Y 40.8%27.4%26.3% 12.7%
Downside volatility, 1Y 40.3%27.5%25.7% 12.7%
Beta vs S&P 500, 1Y 0.640.000.40 1.00
Return / volatility, 1Y 0.29-0.63-0.17 1.02
Max drawdown, 5Y -66.3%-41.6%-36.5% -25.4%
From 52-week high -14.9%-19.7%-14.3% -1.8%
52-week high $92.34$130.59$268.65 $779.14
52-week low $54.84$82.56$199.40 $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.

MultipleDXCMABTSTE
P/E now vs peer median 30.0xmedian 30.6x 38.8xmedian 30.6x 27.9xmedian 30.6x
P/S now vs peer median 6.0xmedian 3.0x 3.8xmedian 3.0x 3.7xmedian 3.0x
EV/EBITDA now vs peer median 19.7xmedian 17.5x —median 17.5x 14.6xmedian 17.5x
P/FCF now vs peer median 21.1xmedian 23.3x 22.3xmedian 23.3x 24.2xmedian 23.3x
P/B now vs peer median 11.3xmedian 2.4x —median 2.4x 3.1xmedian 2.4x
PEG now vs peer median 0.66median 0.87 -13.07median 0.87 0.31median 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 monthsDXCMABTSTE
Revenue $4.97B $48.23B $6.04B
Gross profit $3.10B – $2.68B
Operating income $1.14B $6.65B $1.14B
Net income $999.70M – $808.10M
Free cash flow $1.41B – $925.60M
R&D $604.00M $3.31B $115.10M
EPS (diluted) $2.56 $2.70 $8.22
Cash & equivalents $1.11B – $482.30M
Total debt – – $1.89B
Shares (diluted) 390.10M 1.74B 97.90M
Enterprise value $20.34B $179.65B $20.63B

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
MetricDXCMABTSTE
P/E 30.0x 38.8x 27.9x
P/FCF 21.1x 22.3x 24.2x
P/Operating cash flow 17.0x – 17.4x
P/S 6.0x 3.8x 3.7x
P/B 11.3x – 3.1x
P/Tangible book 11.8x – 4.0x
EV/EBITDA 19.7x – 14.6x
EV/EBIT 24.3x – 20.9x
EV/Revenue 5.6x 3.8x 3.9x
EV/FCF 19.7x – 25.8x
EV/Operating cash flow 15.8x – 18.5x
PEG (3Y EPS CAGR) 0.66 -13.07 0.31

Growth

14 metrics
MetricDXCMABTSTE
Revenue growth (1Y) 15.5% 10.0% 8.4%
Revenue CAGR (3Y) 15.8% 6.5% 9.0%
Gross profit growth (1Y) 22.8% – 9.1%
Gross profit CAGR (3Y) 14.9% – 9.6%
Operating income growth (1Y) 65.8% -13.8% 23.1%
Operating income CAGR (3Y) 36.5% 3.5% 11.2%
Net income growth (1Y) 74.9% – 24.6%
Net income CAGR (3Y) 40.9% – 89.1%
EPS growth (1Y) 83.0% -66.2% 25.7%
EPS CAGR (3Y) 45.7% -3.0% 89.8%
Operating cash flow growth (1Y) 77.0% – 1.9%
Operating cash flow CAGR (3Y) 31.4% – 16.9%
Free cash flow growth (1Y) 146.1% – 1.8%
Free cash flow CAGR (3Y) 44.5% – 23.3%

Profitability

14 metrics
MetricDXCMABTSTE
Gross margin 62.5% – 44.4%
EBITDA margin 28.2% – 27.0%
Operating margin 22.9% – 18.9%
Pretax margin 25.8% – 18.0%
Net margin 20.1% – 13.3%
FCF margin 28.3% – 15.3%
Operating cash flow margin 35.2% – 21.3%
Return on equity 35.8% – 11.2%
Return on assets 15.3% – 7.5%
Return on invested capital – – 9.3%
Return on capital employed 27.2% – 12.1%
Asset turnover 0.8x – 0.6x
Cash conversion (OCF / net income) 1.7x – 1.6x
Stock comp / revenue 3.3% – 1.0%

Financial Health

11 metrics
MetricDXCMABTSTE
Debt / assets – – 17.6%
Debt / equity – – 0.3x
Net debt / EBITDA – – 0.9x
Debt / FCF – – 2.0x
Liabilities / assets 59.4% – 32.7%
Equity / assets 40.6% – 67.3%
Interest coverage – – 18.8x
Current ratio 1.7x – 1.9x
Quick ratio 1.4x – 1.2x
Cash ratio 0.8x – 0.4x
Altman Z-score 6.94 – 5.28

Shareholder Returns

7 metrics
MetricDXCMABTSTE
Dividend yield – 2.4% 1.1%
Net buyback yield 1.6% – 1.5%
Shareholder yield 1.6% 2.4% 2.6%
Payout ratio (earnings) – – 30.6%
Payout ratio (FCF) – – 26.7%
Dividend growth (1Y) – – 9.9%
Dividend CAGR (3Y) – – 9.7%

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.

ConsensusDXCMABTSTE
Forward P/E 27.8xFY2026 18.4xFY2026 19.9xFY2026
EPS, next fiscal year $2.83FY2026 $5.69FY2026 $11.56FY2026
EPS growth, next FY +35.4%FY2026 +10.5%FY2026 +13.7%FY2026
EPS growth, the year after +4.9% +10.4% +13.2%
Revenue, next fiscal year $5.08BFY2026 $53.00BFY2026 $6.62BFY2026
Revenue growth, next FY +9.0%FY2026 +19.5%FY2026 +11.5%FY2026
Revenue growth, the year after +16.6% -2.2% -0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDXCMABTSTE
Held by institutions 100.0% 79.2% 97.1%
Institutions holding 974 2,977 829
Change in shares held, QoQ +6.3% +0.3% +1.1%
Institutions buying 519 1,258 405
Institutions selling 344 1,376 300
Buyers to sellers 1.51 0.91 1.35

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.

DXCMABTSTE
DXCM 1.00 0.29 0.30
ABT 0.29 1.00 0.45
STE 0.30 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DXCM, ABT and STE?

Abbott Laboratories (ABT) is the largest by market capitalisation: Dexcom (DXCM) $30.02B, Abbott Laboratories (ABT) $179.65B, Steris (STE) $22.29B.

Which stock is cheaper, DXCM, ABT and STE?

Steris (STE) trades on the lowest price-to-earnings ratio (Dexcom (DXCM) 30.0x, Abbott Laboratories (ABT) 38.2x, Steris (STE) 27.7x). On next year's consensus earnings, Abbott Laboratories (ABT) is cheapest (Dexcom (DXCM) 27.8x, Abbott Laboratories (ABT) 18.4x, Steris (STE) 19.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Dexcom (DXCM) grew revenue fastest over the trailing twelve months: Dexcom (DXCM) +15.5%, Abbott Laboratories (ABT) +10.0%, Steris (STE) +8.4%.

Which company is more profitable?

Dexcom (DXCM) has the highest net margin (Dexcom (DXCM) 20.1%, Steris (STE) 13.3%).

Which stock has performed better?

Over the past year Dexcom (DXCM) returned the most: Dexcom (DXCM) +11.7%, Abbott Laboratories (ABT) -17.3%, Steris (STE) -4.4%. Over five years, Steris (STE) compounded fastest (Dexcom (DXCM) -10.9%/yr, Abbott Laboratories (ABT) -3.9%/yr, Steris (STE) -0.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Dexcom (DXCM) 0.00%, Abbott Laboratories (ABT) 0.00%, Steris (STE) 0.01%. Dexcom (DXCM) and Abbott Laboratories (ABT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Steris (STE) has been the steadiest (Dexcom (DXCM) 40.8%, Abbott Laboratories (ABT) 27.4%, Steris (STE) 26.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DXCM, ABT and STE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Dexcom (DXCM) leads on 4. 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.