RMD vs BSX vs STE Stock Comparison

Resmed, Boston Scientific and Steris Prices as of Oct 26, 2026 Peers: Industry group
RMD Resmed Inc
$253.24 +14.1% 1M -2.4% 1Y
Market cap
$36.56B
P/E
24.0x
Revenue (TTM)
$5.65B
Div. yield
–
Medical Devices Healthcare
5 wins
BSX Boston Scientific Corp
$45.60 +3.8% 1M -54.9% 1Y
Market cap
$66.34B
P/E
18.1x
Revenue (TTM)
$21.00B
Div. yield
–
Medical Devices Healthcare
5 wins
STE STERIS plc
$230.10 +10.1% 1M -4.4% 1Y
Market cap
$22.34B
P/E
27.7x
Revenue (TTM)
$6.04B
Div. yield
0.01%
Medical Devices Healthcare
1 win

Head to Head

11 decided of 12

Boston Scientific leads on 5 of the 12 questions below (Boston Scientific 5, Resmed 5, Steris 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRMDBSXSTELeader
Larger companyMarket capitalisation $36.56B $66.34B $22.34B BSX
Cheaper on earningsLower P/E, profitable companies only 24.0x 18.1x 27.7x BSX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.7x 14.6x 19.9x BSX
Faster revenue growthRevenue growth, trailing twelve months +9.9% +13.5% +8.4% BSX
More profitableNet margin, trailing twelve months 26.9% 17.5% 13.3% RMD
Better return on capitalReturn on invested capital 20.8% 10.5% 9.3% RMD
Less leveragedLower net debt / EBITDA -0.4x 2.2x 0.9x RMD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months -2.4% -54.9% -4.4% RMD
Better 5-year returnAnnualised price return, 5 years -1.1%/yr +0.8%/yr -0.2%/yr BSX
Less volatileAnnualised volatility, 1 year 29.1% 40.0% 26.3% STE
Higher overall scoreMean of the five percentile scores vs peers 78/100 69/100 76/100 RMD

Percentile Scorecard

RMDBSXSTE

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

AxisRMDBSXSTE
Valuation 72 #64 of 228 89 #27 of 228 84 #38 of 228
Growth 63 #82 of 221 86 #33 of 221 71 #64 of 221
Profitability 99 #3 of 208 91 #19 of 208 87 #27 of 208
Financial Health 75 #60 of 239 42 #140 of 239 63 #89 of 239
Shareholder Returns 78 #31 of 137 39 #84 of 137 73 #38 of 137
Overall 78 69 76
  • RMD ranked among 248 companies in Medical Devices and Diagnostics
  • BSX 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

PeriodRMDBSXSTESPY
1 month +14.1%+3.8%+10.1% -0.8%
3 months +24.7%+0.2%+5.3% +3.5%
6 months +14.1%-23.9%+3.6% +7.0%
Year to date +5.1%-52.2%-9.2% +12.2%
1 year -2.4%-54.9%-4.4% +13.0%
3 years +88.1%-7.9%+9.9% +86.3%
3 years, per year +23.5%-2.7%+3.2% +23.1%
5 years -5.5%+4.3%-0.9% +68.6%
5 years, per year -1.1%+0.8%-0.2% +11.0%
10 years +318.2%+106.4%+238.8% +258.0%
10 years, per year +15.4%+7.5%+13.0% +13.6%

Risk

MeasureRMDBSXSTESPY
Volatility, 1Y 29.1%40.0%26.3% 12.7%
Downside volatility, 1Y 30.8%47.1%25.7% 12.7%
Beta vs S&P 500, 1Y 0.400.140.40 1.00
Return / volatility, 1Y -0.08-1.37-0.17 1.02
Max drawdown, 5Y -49.9%-61.6%-36.5% -25.4%
From 52-week high -8.2%-56.6%-14.3% -1.8%
52-week high $275.96$104.98$268.65 $779.14
52-week low $182.82$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.

MultipleRMDBSXSTE
P/E now vs peer median 24.2xmedian 30.6x 18.2xmedian 30.6x 27.9xmedian 30.6x
P/S now vs peer median 6.5xmedian 3.0x 3.1xmedian 3.0x 3.7xmedian 3.0x
EV/EBITDA now vs peer median 17.1xmedian 17.5x 14.0xmedian 17.5x 14.6xmedian 17.5x
P/FCF now vs peer median 22.1xmedian 23.3x 18.2xmedian 23.3x 24.2xmedian 23.3x
P/B now vs peer median 5.5xmedian 2.4x 2.6xmedian 2.4x 3.1xmedian 2.4x
PEG now vs peer median 1.23median 0.87 0.30median 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 monthsRMDBSXSTE
Revenue $5.65B $21.00B $6.04B
Gross profit $3.45B $14.68B $2.68B
Operating income $1.89B $4.15B $1.14B
Net income $1.52B $3.67B $808.10M
Free cash flow $1.65B $3.63B $925.60M
R&D $378.28M $2.15B $115.10M
EPS (diluted) $10.43 $2.49 $8.22
Cash & equivalents $1.47B $539.00M $482.30M
Total debt $659.37M $12.62B $1.89B
Shares (diluted) 146.05M 1.47B 97.90M
Enterprise value $30.63B $61.10B $20.67B

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
MetricRMDBSXSTE
P/E 24.2x 18.2x 27.9x
P/FCF 22.1x 18.2x 24.2x
P/Operating cash flow 20.2x 14.6x 17.4x
P/S 6.5x 3.1x 3.7x
P/B 5.5x 2.6x 3.1x
P/Tangible book 6.0x 3.6x 4.0x
EV/EBITDA 17.1x 14.0x 14.6x
EV/EBIT 18.9x 18.8x 20.9x
EV/Revenue 6.3x 3.7x 3.9x
EV/FCF 21.7x 21.6x 25.8x
EV/Operating cash flow 19.8x 17.3x 18.5x
PEG (3Y EPS CAGR) 1.23 0.30 0.31

Growth

14 metrics
MetricRMDBSXSTE
Revenue growth (1Y) 9.9% 13.5% 8.4%
Revenue CAGR (3Y) 10.2% 16.1% 9.0%
Gross profit growth (1Y) 13.0% 16.3% 9.1%
Gross profit CAGR (3Y) 13.6% 16.4% 9.6%
Operating income growth (1Y) 11.9% 31.9% 23.1%
Operating income CAGR (3Y) 18.6% 31.5% 11.2%
Net income growth (1Y) 8.8% 46.9% 24.6%
Net income CAGR (3Y) 19.3% 59.0% 89.1%
EPS growth (1Y) 9.7% 48.6% 25.7%
EPS CAGR (3Y) 19.7% 61.5% 89.8%
Operating cash flow growth (1Y) 3.1% 5.7% 1.9%
Operating cash flow CAGR (3Y) 37.6% 28.7% 16.9%
Free cash flow growth (1Y) -0.7% 4.0% 1.8%
Free cash flow CAGR (3Y) 42.2% 33.9% 23.3%

Profitability

14 metrics
MetricRMDBSXSTE
Gross margin 61.1% 69.9% 44.4%
EBITDA margin 36.9% 26.5% 27.0%
Operating margin 33.4% 19.8% 18.9%
Pretax margin 34.0% 18.4% 18.0%
Net margin 26.9% 17.5% 13.3%
FCF margin 29.2% 17.3% 15.3%
Operating cash flow margin 31.9% 21.6% 21.3%
Return on equity 23.3% 14.3% 11.2%
Return on assets 17.2% 8.2% 7.5%
Return on invested capital 20.8% 10.5% 9.3%
Return on capital employed 25.2% 10.8% 12.1%
Asset turnover 0.6x 0.5x 0.6x
Cash conversion (OCF / net income) 1.2x 1.2x 1.6x
Stock comp / revenue 1.8% 1.5% 1.0%

Financial Health

11 metrics
MetricRMDBSXSTE
Debt / assets 7.4% 27.9% 17.6%
Debt / equity 0.1x 0.5x 0.3x
Net debt / EBITDA -0.4x 2.2x 0.9x
Debt / FCF 0.4x 3.5x 2.0x
Liabilities / assets 26.6% 44.3% 32.7%
Equity / assets 73.4% 55.7% 67.3%
Interest coverage – 11.4x 18.8x
Current ratio 3.1x 1.2x 1.9x
Quick ratio 1.8x 0.6x 1.2x
Cash ratio 1.1x 0.1x 0.4x
Altman Z-score 12.06 3.03 5.28

Shareholder Returns

7 metrics
MetricRMDBSXSTE
Dividend yield 1.0% – 1.1%
Net buyback yield 1.7% -0.3% 1.5%
Shareholder yield 2.7% -0.3% 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.

ConsensusRMDBSXSTE
Forward P/E 19.7xFY2027 14.6xFY2026 19.9xFY2026
EPS, next fiscal year $12.86FY2027 $3.12FY2026 $11.56FY2026
EPS growth, next FY +15.1%FY2027 +2.0%FY2026 +13.7%FY2026
EPS growth, the year after +9.8% +14.7% +13.2%
Revenue, next fiscal year $5.97BFY2027 $20.67BFY2026 $6.62BFY2026
Revenue growth, next FY +5.6%FY2027 +3.0%FY2026 +11.5%FY2026
Revenue growth, the year after -3.4% +1.6% -0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRMDBSXSTE
Held by institutions 68.7% 90.5% 97.1%
Institutions holding 887 1,481 829
Change in shares held, QoQ +3.2% -0.7% +1.1%
Institutions buying 404 738 405
Institutions selling 358 610 300
Buyers to sellers 1.13 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.

RMDBSXSTE
RMD 1.00 0.21 0.48
BSX 0.21 1.00 0.29
STE 0.48 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RMD, BSX and STE?

Boston Scientific (BSX) is the largest by market capitalisation: Resmed (RMD) $36.56B, Boston Scientific (BSX) $66.34B, Steris (STE) $22.34B.

Which stock is cheaper, RMD, BSX and STE?

Boston Scientific (BSX) trades on the lowest price-to-earnings ratio (Resmed (RMD) 24.0x, Boston Scientific (BSX) 18.1x, Steris (STE) 27.7x). On next year's consensus earnings, Boston Scientific (BSX) is cheapest (Resmed (RMD) 19.7x, Boston Scientific (BSX) 14.6x, 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?

Boston Scientific (BSX) grew revenue fastest over the trailing twelve months: Resmed (RMD) +9.9%, Boston Scientific (BSX) +13.5%, Steris (STE) +8.4%.

Which company is more profitable?

Resmed (RMD) has the highest net margin (Resmed (RMD) 26.9%, Boston Scientific (BSX) 17.5%, Steris (STE) 13.3%). On return on invested capital, Resmed (RMD) leads (Resmed (RMD) 20.8%, Boston Scientific (BSX) 10.5%, Steris (STE) 9.3%).

Which stock has performed better?

Over the past year Resmed (RMD) returned the most: Resmed (RMD) -2.4%, Boston Scientific (BSX) -54.9%, Steris (STE) -4.4%. Over five years, Boston Scientific (BSX) compounded fastest (Resmed (RMD) -1.1%/yr, Boston Scientific (BSX) +0.8%/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: Resmed (RMD) 0.00%, Boston Scientific (BSX) 0.00%, Steris (STE) 0.01%. Resmed (RMD) and Boston Scientific (BSX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Steris (STE) has been the steadiest (Resmed (RMD) 29.1%, Boston Scientific (BSX) 40.0%, Steris (STE) 26.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RMD, 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.