QGEN vs TECH vs DHR Stock Comparison

Qiagen, Bio-Techne and Danaher Prices as of Oct 28, 2026 Peers: Industry group
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QGEN Qiagen N.V.
$50.33 +11.8% 1M -0.3% 1Y
Market cap
$10.88B
P/E
26.6x
Revenue (TTM)
$2.10B
Div. yield
–
Life Sciences Tools Healthcare
5 wins
TECH BIO-TECHNE Corp
$72.69 +0.2% 1M +13.7% 1Y
Market cap
$11.33B
P/E
62.3x
Revenue (TTM)
$1.22B
Div. yield
0.00%
Life Sciences Tools Healthcare
3 wins
DHR Danaher Corp /De/
$234.09 +2.9% 1M +7.9% 1Y
Market cap
$165.28B
P/E
41.3x
Revenue (TTM)
$25.11B
Div. yield
–
Life Sciences Tools Healthcare
3 wins

Head to Head

11 decided of 12

Qiagen leads on 5 of the 12 questions below (Qiagen 5, Danaher 3, Bio-Techne 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionQGENTECHDHRLeader
Larger companyMarket capitalisation $10.88B $11.33B $165.28B DHR
Cheaper on earningsLower P/E, profitable companies only 26.6x 62.3x 41.3x QGEN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.4x 33.7x 25.7x QGEN
Faster revenue growthRevenue growth, trailing twelve months +3.0% -0.4% +4.6% DHR
More profitableNet margin, trailing twelve months 19.5% 15.0% 15.9% QGEN
Better return on capitalReturn on invested capital 7.9% 8.3% 5.7% TECH
Less leveragedLower net debt / EBITDA 1.3x -0.2x 2.9x TECH
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -0.3% +13.7% +7.9% TECH
Better 5-year returnAnnualised price return, 5 years -4.2%/yr -11.1%/yr -5.6%/yr QGEN
Less volatileAnnualised volatility, 1 year 35.7% 43.5% 30.6% DHR
Higher overall scoreMean of the five percentile scores vs peers 71/100 66/100 60/100 QGEN

Percentile Scorecard

QGENTECHDHR

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

AxisQGENTECHDHR
Valuation 76 #55 of 227 59 #94 of 227 69 #72 of 227
Growth 30 #153 of 219 40 #131 of 219 22 #172 of 219
Profitability 93 #16 of 205 94 #14 of 205 88 #26 of 205
Financial Health 63 #88 of 237 87 #32 of 237 46 #129 of 237
Shareholder Returns 94 #9 of 135 52 #66 of 135 75 #34 of 135
Overall 71 66 60
  • QGEN ranked among 247 companies in Medical Devices and Diagnostics
  • TECH ranked among 247 companies in Medical Devices and Diagnostics
  • DHR 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

PeriodQGENTECHDHRSPY
1 month +11.8%+0.2%+2.9% +0.9%
3 months +20.3%+0.9%+19.1% +5.9%
6 months +49.7%+39.9%+30.9% +8.5%
Year to date +6.3%+23.6%+2.3% +13.3%
1 year -0.3%+13.7%+7.9% +12.4%
3 years +24.9%+22.1%+24.6% +88.1%
3 years, per year +7.7%+6.9%+7.6% +23.5%
5 years -19.1%-44.5%-24.9% +68.2%
5 years, per year -4.2%-11.1%-5.6% +11.0%
10 years +75.6%+187.8%+199.4% +263.4%
10 years, per year +5.8%+11.2%+11.6% +13.8%

Risk

MeasureQGENTECHDHRSPY
Volatility, 1Y 35.7%43.5%30.6% 12.7%
Downside volatility, 1Y 30.5%43.6%31.7% 12.7%
Beta vs S&P 500, 1Y 0.470.770.45 1.00
Return / volatility, 1Y -0.010.310.26 0.98
Max drawdown, 5Y -48.2%-67.0%-50.8% -25.4%
From 52-week high -9.6%0.0%-3.3% -0.9%
52-week high $55.66$72.69$242.05 $779.14
52-week low $32.63$43.30$161.91 $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.

MultipleQGENTECHDHR
P/E now vs peer median 26.7xmedian 28.8x 62.3xmedian 28.8x 41.2xmedian 28.8x
P/S now vs peer median 5.2xmedian 3.0x 9.3xmedian 3.0x 6.6xmedian 3.0x
EV/EBITDA now vs peer median 18.1xmedian 17.4x 32.3xmedian 17.4x 24.4xmedian 17.4x
P/FCF now vs peer median 11.0xmedian 25.7x 43.1xmedian 25.7x 30.1xmedian 25.7x
P/B now vs peer median 3.3xmedian 2.4x 5.4xmedian 2.4x 3.1xmedian 2.4x
PEG now vs peer median 3.61median 1.03 -4.77median 1.03 -3.29median 1.03

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 monthsQGENTECHDHR
Revenue $2.10B $1.22B $25.11B
Gross profit $1.31B $799.07M $14.69B
Operating income $445.43M $251.89M $5.13B
Net income $409.32M $181.86M $4.00B
Free cash flow $991.33M $263.22M $5.47B
R&D $194.67M $94.77M $1.62B
EPS (diluted) $1.87 $1.16 $5.66
Cash & equivalents $768.50M $264.71M $4.35B
Total debt $6.86B $200.00M $26.56B
Shares (diluted) 218.88M 157.01M 707.60M
Enterprise value $6.66B $10.54B $149.08B

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
MetricQGENTECHDHR
P/E 26.7x 62.3x 41.2x
P/FCF 11.0x 43.1x 30.1x
P/Operating cash flow 16.7x 38.8x 24.8x
P/S 5.2x 9.3x 6.6x
P/B 3.3x 5.4x 3.1x
P/Tangible book 3.6x 6.3x 5.3x
EV/EBITDA 18.1x 32.3x 24.4x
EV/EBIT 26.4x 44.8x 36.4x
EV/Revenue 5.6x 9.3x 7.4x
EV/FCF 11.9x 42.9x 34.2x
EV/Operating cash flow 18.0x 38.6x 28.1x
PEG (3Y EPS CAGR) 3.61 -4.77 -3.29

Growth

14 metrics
MetricQGENTECHDHR
Revenue growth (1Y) 3.0% -0.4% 4.6%
Revenue CAGR (3Y) 2.0% 2.2% -0.5%
Gross profit growth (1Y) 1.7% 1.1% 2.6%
Gross profit CAGR (3Y) 1.3% 1.3% -0.9%
Operating income growth (1Y) -4.9% 146.3% 16.1%
Operating income CAGR (3Y) 3.3% -5.5% -7.1%
Net income growth (1Y) 143.9% 147.8% 17.3%
Net income CAGR (3Y) 6.7% -14.0% -14.3%
EPS growth (1Y) 12.5% 152.0% 19.2%
EPS CAGR (3Y) 7.4% -13.1% -12.5%
Operating cash flow growth (1Y) -3.0% 1.6% 7.6%
Operating cash flow CAGR (3Y) 8.0% 4.7% -7.6%
Free cash flow growth (1Y) 2.3% 2.6% 12.4%
Free cash flow CAGR (3Y) 10.5% 6.8% -9.0%

Profitability

14 metrics
MetricQGENTECHDHR
Gross margin 62.2% 65.8% 58.5%
EBITDA margin 31.0% 28.7% 30.5%
Operating margin 21.2% 20.7% 20.4%
Pretax margin 22.0% 19.8% 19.0%
Net margin 19.5% 15.0% 15.9%
FCF margin 47.2% 21.7% 21.8%
Operating cash flow margin 31.2% 24.0% 26.4%
Return on equity 12.2% 8.7% 7.6%
Return on assets 7.0% 7.1% 4.5%
Return on invested capital 7.9% 8.3% 5.7%
Return on capital employed 8.5% 10.5% 6.4%
Asset turnover 0.4x 0.5x 0.3x
Cash conversion (OCF / net income) 1.6x 1.6x 1.7x
Stock comp / revenue 2.1% 0.5% 1.2%

Financial Health

11 metrics
MetricQGENTECHDHR
Debt / assets 27.9% 7.7% 28.8%
Debt / equity 0.5x 0.1x 0.5x
Net debt / EBITDA 1.3x -0.2x 2.9x
Debt / FCF 1.7x 0.8x 4.9x
Liabilities / assets 43.0% 18.5% 43.1%
Equity / assets 57.0% 81.5% 56.9%
Interest coverage 11.3x 26.2x 17.6x
Current ratio 2.8x 4.5x 1.7x
Quick ratio 2.0x 2.9x 1.0x
Cash ratio 1.4x 1.6x 0.5x
Altman Z-score 4.08 15.91 3.74

Shareholder Returns

7 metrics
MetricQGENTECHDHR
Dividend yield 5.2% 0.4% 0.6%
Net buyback yield 0.6% -0.3% 1.8%
Shareholder yield 5.8% 0.1% 2.4%
Payout ratio (earnings) – 27.4% –
Payout ratio (FCF) – 19.0% –
Dividend growth (1Y) – -0.9% –
Dividend CAGR (3Y) – -0.2% –

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.

ConsensusQGENTECHDHR
Forward P/E 21.4xFY2026 33.7xFY2027 25.7xFY2026
EPS, next fiscal year $2.35FY2026 $2.16FY2027 $9.11FY2026
EPS growth, next FY -1.3%FY2026 +11.9%FY2027 +16.8%FY2026
EPS growth, the year after +17.4% +5.1% +8.0%
Revenue, next fiscal year $2.25BFY2026 $1.19BFY2027 $27.01BFY2026
Revenue growth, next FY +7.8%FY2026 -2.1%FY2027 +9.9%FY2026
Revenue growth, the year after -2.8% +13.5% -1.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersQGENTECHDHR
Held by institutions 0.0% 100.0% 81.9%
Institutions holding 1 597 2,117
Change in shares held, QoQ – -0.6% +1.1%
Institutions buying 0 293 839
Institutions selling 0 241 1,015
Buyers to sellers – 1.22 0.83

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.

QGENTECHDHR
QGEN 1.00 0.30 0.38
TECH 0.30 1.00 0.39
DHR 0.38 0.39 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, QGEN, TECH and DHR?

Danaher (DHR) is the largest by market capitalisation: Qiagen (QGEN) $10.88B, Bio-Techne (TECH) $11.33B, Danaher (DHR) $165.28B.

Which stock is cheaper, QGEN, TECH and DHR?

Qiagen (QGEN) trades on the lowest price-to-earnings ratio (Qiagen (QGEN) 26.6x, Bio-Techne (TECH) 62.3x, Danaher (DHR) 41.3x). On next year's consensus earnings, Qiagen (QGEN) is cheapest (Qiagen (QGEN) 21.4x, Bio-Techne (TECH) 33.7x, Danaher (DHR) 25.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Danaher (DHR) grew revenue fastest over the trailing twelve months: Qiagen (QGEN) +3.0%, Bio-Techne (TECH) -0.4%, Danaher (DHR) +4.6%.

Which company is more profitable?

Qiagen (QGEN) has the highest net margin (Qiagen (QGEN) 19.5%, Bio-Techne (TECH) 15.0%, Danaher (DHR) 15.9%). On return on invested capital, Bio-Techne (TECH) leads (Qiagen (QGEN) 7.9%, Bio-Techne (TECH) 8.3%, Danaher (DHR) 5.7%).

Which stock has performed better?

Over the past year Bio-Techne (TECH) returned the most: Qiagen (QGEN) -0.3%, Bio-Techne (TECH) +13.7%, Danaher (DHR) +7.9%. Over five years, Qiagen (QGEN) compounded fastest (Qiagen (QGEN) -4.2%/yr, Bio-Techne (TECH) -11.1%/yr, Danaher (DHR) -5.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Qiagen (QGEN) 0.00%, Bio-Techne (TECH) 0.00%, Danaher (DHR) 0.00%. Qiagen (QGEN) and Danaher (DHR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Danaher (DHR) has been the steadiest (Qiagen (QGEN) 35.7%, Bio-Techne (TECH) 43.5%, Danaher (DHR) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, QGEN, TECH and DHR?

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