DXCM vs BSX vs STE Stock Comparison

Dexcom, Boston Scientific and Steris Prices as of Oct 27, 2026 Peers: Industry group
DXCM Dexcom Inc
$78.56 -9.3% 1M +11.2% 1Y
Market cap
$29.65B
P/E
30.0x
Revenue (TTM)
$4.97B
Div. yield
–
Medical Devices Healthcare
4 wins
BSX Boston Scientific Corp
$45.08 +2.6% 1M -56.0% 1Y
Market cap
$65.33B
P/E
18.0x
Revenue (TTM)
$21.00B
Div. yield
–
Medical Devices Healthcare
5 wins
STE STERIS plc
$228.50 +9.4% 1M -5.2% 1Y
Market cap
$22.28B
P/E
27.7x
Revenue (TTM)
$6.04B
Div. yield
1.13%
Medical Devices Healthcare
2 wins

Head to Head

11 decided of 12

Boston Scientific leads on 5 of the 12 questions below (Boston Scientific 5, Dexcom 4, Steris 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDXCMBSXSTELeader
Larger companyMarket capitalisation $29.65B $65.33B $22.28B BSX
Cheaper on earningsLower P/E, profitable companies only 30.0x 18.0x 27.7x BSX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.8x 14.4x 19.8x BSX
Faster revenue growthRevenue growth, trailing twelve months +15.5% +13.5% +8.4% DXCM
More profitableNet margin, trailing twelve months 20.1% 17.5% 13.3% DXCM
Better return on capitalReturn on invested capital — 10.5% 9.3% BSX
Less leveragedLower net debt / EBITDA — 2.2x 0.9x STE
Higher dividend yieldTrailing dividend yield — — 1.13% –
Better 1-year returnPrice return, last 12 months +11.2% -56.0% -5.2% DXCM
Better 5-year returnAnnualised price return, 5 years -11.2%/yr +0.8%/yr -0.4%/yr BSX
Less volatileAnnualised volatility, 1 year 40.7% 39.9% 26.2% STE
Higher overall scoreMean of the five percentile scores vs peers 77/100 69/100 75/100 DXCM

Percentile Scorecard

DXCMBSXSTE

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

AxisDXCMBSXSTE
Valuation 71 #67 of 227 89 #26 of 227 83 #39 of 227
Growth 97 #8 of 219 86 #32 of 219 72 #63 of 219
Profitability 100 #1 of 206 91 #19 of 206 87 #28 of 206
Financial Health 33 #159 of 238 42 #138 of 238 62 #91 of 238
Shareholder Returns 87 #19 of 134 39 #82 of 134 73 #37 of 134
Overall 77 69 75
  • DXCM ranked among 247 companies in Medical Devices and Diagnostics
  • BSX ranked among 247 companies in Medical Devices and Diagnostics
  • STE ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodDXCMBSXSTESPY
1 month -9.3%+2.6%+9.4% -0.2%
3 months +5.0%-2.3%-0.8% +3.9%
6 months +32.4%-22.9%+4.0% +8.2%
Year to date +18.4%-52.7%-9.9% +12.9%
1 year +11.2%-56.0%-5.2% +12.3%
3 years -12.0%-9.0%+9.1% +87.4%
3 years, per year -4.2%-3.1%+3.0% +23.3%
5 years -44.9%+4.3%-1.9% +67.9%
5 years, per year -11.2%+0.8%-0.4% +10.9%
10 years +316.8%+109.8%+241.5% +261.1%
10 years, per year +15.3%+7.7%+13.1% +13.7%

Risk

MeasureDXCMBSXSTESPY
Volatility, 1Y 40.7%39.9%26.2% 12.7%
Downside volatility, 1Y 40.2%46.9%25.6% 12.7%
Beta vs S&P 500, 1Y 0.640.140.40 1.00
Return / volatility, 1Y 0.28-1.40-0.20 0.97
Max drawdown, 5Y -66.3%-61.6%-36.5% -25.4%
From 52-week high -14.9%-57.1%-14.9% -1.2%
52-week high $92.34$104.98$268.65 $779.14
52-week low $54.84$41.57$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.

MultipleDXCMBSXSTE
P/E now vs peer median 30.0xmedian 29.6x 18.0xmedian 29.6x 27.7xmedian 29.6x
P/S now vs peer median 6.0xmedian 2.9x 3.1xmedian 2.9x 3.7xmedian 2.9x
EV/EBITDA now vs peer median 19.7xmedian 17.4x 13.9xmedian 17.4x 14.5xmedian 17.4x
P/FCF now vs peer median 21.1xmedian 22.3x 18.0xmedian 22.3x 24.1xmedian 22.3x
P/B now vs peer median 11.3xmedian 2.3x 2.6xmedian 2.3x 3.1xmedian 2.3x
PEG now vs peer median 0.66median 1.04 0.29median 1.04 0.31median 1.04

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 monthsDXCMBSXSTE
Revenue $4.97B $21.00B $6.04B
Gross profit $3.10B $14.68B $2.68B
Operating income $1.14B $4.15B $1.14B
Net income $999.70M $3.67B $808.10M
Free cash flow $1.41B $3.63B $925.60M
R&D $604.00M $2.15B $115.10M
EPS (diluted) $2.56 $2.49 $8.22
Cash & equivalents $1.11B $539.00M $482.30M
Total debt – $12.62B $1.89B
Shares (diluted) 390.10M 1.47B 97.90M
Enterprise value $19.97B $60.34B $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
MetricDXCMBSXSTE
P/E 30.0x 18.0x 27.7x
P/FCF 21.1x 18.0x 24.1x
P/Operating cash flow 17.0x 14.4x 17.3x
P/S 6.0x 3.1x 3.7x
P/B 11.3x 2.6x 3.1x
P/Tangible book 11.8x 3.6x 3.9x
EV/EBITDA 19.7x 13.9x 14.5x
EV/EBIT 24.3x 18.6x 20.8x
EV/Revenue 5.6x 3.7x 3.9x
EV/FCF 19.7x 21.4x 25.6x
EV/Operating cash flow 15.8x 17.1x 18.4x
PEG (3Y EPS CAGR) 0.66 0.29 0.31

Growth

14 metrics
MetricDXCMBSXSTE
Revenue growth (1Y) 15.5% 13.5% 8.4%
Revenue CAGR (3Y) 15.8% 16.1% 9.0%
Gross profit growth (1Y) 22.8% 16.3% 9.1%
Gross profit CAGR (3Y) 14.9% 16.4% 9.6%
Operating income growth (1Y) 65.8% 31.9% 23.1%
Operating income CAGR (3Y) 36.5% 31.5% 11.2%
Net income growth (1Y) 74.9% 46.9% 24.6%
Net income CAGR (3Y) 40.9% 59.0% 89.1%
EPS growth (1Y) 83.0% 48.6% 25.7%
EPS CAGR (3Y) 45.7% 61.5% 89.8%
Operating cash flow growth (1Y) 77.0% 5.7% 1.9%
Operating cash flow CAGR (3Y) 31.4% 28.7% 16.9%
Free cash flow growth (1Y) 146.1% 4.0% 1.8%
Free cash flow CAGR (3Y) 44.5% 33.9% 23.3%

Profitability

14 metrics
MetricDXCMBSXSTE
Gross margin 62.5% 69.9% 44.4%
EBITDA margin 28.2% 26.5% 27.0%
Operating margin 22.9% 19.8% 18.9%
Pretax margin 25.8% 18.4% 18.0%
Net margin 20.1% 17.5% 13.3%
FCF margin 28.3% 17.3% 15.3%
Operating cash flow margin 35.2% 21.6% 21.3%
Return on equity 35.8% 14.3% 11.2%
Return on assets 15.3% 8.2% 7.5%
Return on invested capital – 10.5% 9.3%
Return on capital employed 27.2% 10.8% 12.1%
Asset turnover 0.8x 0.5x 0.6x
Cash conversion (OCF / net income) 1.7x 1.2x 1.6x
Stock comp / revenue 3.3% 1.5% 1.0%

Financial Health

11 metrics
MetricDXCMBSXSTE
Debt / assets – 27.9% 17.6%
Debt / equity – 0.5x 0.3x
Net debt / EBITDA – 2.2x 0.9x
Debt / FCF – 3.5x 2.0x
Liabilities / assets 59.4% 44.3% 32.7%
Equity / assets 40.6% 55.7% 67.3%
Interest coverage – 11.4x 18.8x
Current ratio 1.7x 1.2x 1.9x
Quick ratio 1.4x 0.6x 1.2x
Cash ratio 0.8x 0.1x 0.4x
Altman Z-score 6.94 3.01 5.26

Shareholder Returns

7 metrics
MetricDXCMBSXSTE
Dividend yield – – 1.1%
Net buyback yield 1.6% -0.3% 1.5%
Shareholder yield 1.6% -0.3% 2.7%
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.

ConsensusDXCMBSXSTE
Forward P/E 27.8xFY2026 14.4xFY2026 19.8xFY2026
EPS, next fiscal year $2.83FY2026 $3.12FY2026 $11.56FY2026
EPS growth, next FY +35.4%FY2026 +2.0%FY2026 +13.7%FY2026
EPS growth, the year after +4.9% +14.7% +13.2%
Revenue, next fiscal year $5.08BFY2026 $20.67BFY2026 $6.62BFY2026
Revenue growth, next FY +9.0%FY2026 +3.0%FY2026 +11.5%FY2026
Revenue growth, the year after +16.6% +1.6% -0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDXCMBSXSTE
Held by institutions 100.0% 90.5% 97.1%
Institutions holding 974 1,481 829
Change in shares held, QoQ +6.3% -0.7% +1.1%
Institutions buying 519 738 405
Institutions selling 344 610 300
Buyers to sellers 1.51 1.21 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.

DXCMBSXSTE
DXCM 1.00 0.24 0.30
BSX 0.24 1.00 0.29
STE 0.30 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DXCM, BSX and STE?

Boston Scientific (BSX) is the largest by market capitalisation: Dexcom (DXCM) $29.65B, Boston Scientific (BSX) $65.33B, Steris (STE) $22.28B.

Which stock is cheaper, DXCM, BSX and STE?

Boston Scientific (BSX) trades on the lowest price-to-earnings ratio (Dexcom (DXCM) 30.0x, Boston Scientific (BSX) 18.0x, Steris (STE) 27.7x). On next year's consensus earnings, Boston Scientific (BSX) is cheapest (Dexcom (DXCM) 27.8x, Boston Scientific (BSX) 14.4x, Steris (STE) 19.8x). 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%, Boston Scientific (BSX) +13.5%, Steris (STE) +8.4%.

Which company is more profitable?

Dexcom (DXCM) has the highest net margin (Dexcom (DXCM) 20.1%, Boston Scientific (BSX) 17.5%, Steris (STE) 13.3%). On return on invested capital, Boston Scientific (BSX) leads (Boston Scientific (BSX) 10.5%, Steris (STE) 9.3%).

Which stock has performed better?

Over the past year Dexcom (DXCM) returned the most: Dexcom (DXCM) +11.2%, Boston Scientific (BSX) -56.0%, Steris (STE) -5.2%. Over five years, Boston Scientific (BSX) compounded fastest (Dexcom (DXCM) -11.2%/yr, Boston Scientific (BSX) +0.8%/yr, Steris (STE) -0.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Steris (STE) 1.13%. Dexcom (DXCM) and Boston Scientific (BSX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Steris (STE) has been the steadiest (Dexcom (DXCM) 40.7%, Boston Scientific (BSX) 39.9%, Steris (STE) 26.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DXCM, BSX 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, Boston Scientific (BSX) 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.