SKYA vs BAX vs MDLN Stock Comparison

SkyAI, Baxter International and Medline Prices as of Oct 27, 2026 Peers: Industry group
SKYA SkyAI, Inc.
$2.91 +54.8% 1M -46.2% 1Y
Market cap
$209.79M
P/E
–
Revenue (TTM)
$194.22K
Div. yield
–
Medical Supplies Healthcare
2 wins
BAX Baxter International Inc
$24.92 +6.6% 1M +7.6% 1Y
Market cap
$12.88B
P/E
–
Revenue (TTM)
$5.55B
Div. yield
0.16%
Medical Supplies Healthcare
2 wins
MDLN Medline Inc.
$32.38 -6.7% 1M
Market cap
$42.57B
P/E
33.2x
Revenue (TTM)
$28.57B
Div. yield
–
Medical Supplies Healthcare
5 wins

Head to Head

9 decided of 12

Medline leads on 5 of the 12 questions below (Medline 5, SkyAI 2, Baxter International 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSKYABAXMDLNLeader
Larger companyMarket capitalisation $209.79M $12.88B $42.57B MDLN
Cheaper on earningsLower P/E, profitable companies only -0.7x -12.1x 33.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 0.0x 12.6x 22.5x SKYA
Faster revenue growthRevenue growth, trailing twelve months +108.9% -49.1% — SKYA
More profitableNet margin, trailing twelve months -158,431.4% -19.2% 2.9% MDLN
Better return on capitalReturn on invested capital — 3.4% 5.4% MDLN
Less leveragedLower net debt / EBITDA — 4.8x 3.2x MDLN
Higher dividend yieldTrailing dividend yield — 0.16% — –
Better 1-year returnPrice return, last 12 months -46.2% +7.6% — BAX
Better 5-year returnAnnualised price return, 5 years — -20.5%/yr — –
Less volatileAnnualised volatility, 1 year 106.0% 44.3% 44.6% BAX
Higher overall scoreMean of the five percentile scores vs peers 26/100 44/100 67/100 MDLN

Percentile Scorecard

SKYABAXMDLN

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

AxisSKYABAXMDLN
Valuation 2 #222 of 227 83 #40 of 227 84 #37 of 227
Growth 6 #205 of 219 19 #177 of 219 –
Profitability 1 #204 of 206 72 #58 of 206 73 #57 of 206
Financial Health 95 #14 of 238 19 #193 of 238 41 #140 of 238
Shareholder Returns – 26 #99 of 134 71 #39 of 134
Overall 26 44 67
  • SKYA ranked among 247 companies in Medical Devices and Diagnostics
  • BAX ranked among 247 companies in Medical Devices and Diagnostics
  • MDLN 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

PeriodSKYABAXMDLNSPY
1 month +54.8%+6.6%-6.7% -0.2%
3 months +107.9%+2.3%-20.1% +3.9%
6 months +62.6%+38.9%-26.8% +8.2%
Year to date +43.3%+30.4%-22.9% +12.9%
1 year -46.2%+7.6%— +12.3%
3 years -99.9%-22.5%— +87.4%
3 years, per year -90.1%-8.2%— +23.3%
5 years —-68.3%— +67.9%
5 years, per year —-20.5%— +10.9%
10 years —-46.8%— +261.1%
10 years, per year —-6.1%— +13.7%

Risk

MeasureSKYABAXMDLNSPY
Volatility, 1Y 106.0%44.3%44.6% 12.7%
Downside volatility, 1Y 104.5%48.0%48.7% 12.7%
Beta vs S&P 500, 1Y 2.591.160.61 1.00
Return / volatility, 1Y -0.440.17— 0.97
Max drawdown, 5Y -100.0%-82.3%-36.7% -25.4%
From 52-week high -46.2%-12.1%-35.2% -1.2%
52-week high $5.41$28.35$49.99 $779.14
52-week low $0.95$15.80$31.64 $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.

MultipleSKYABAXMDLN
P/E now vs peer median -0.7xmedian 29.6x -12.1xmedian 29.6x 33.2xmedian 29.6x
P/S now vs peer median 1,080xmedian 2.9x 2.3xmedian 2.9x 1.5xmedian 2.9x
EV/EBITDA now vs peer median —median 17.4x 13.4xmedian 17.4x 17.0xmedian 17.4x
P/FCF now vs peer median —median 22.3x 15.4xmedian 22.3x 26.8xmedian 22.3x
P/B now vs peer median 1.3xmedian 2.3x 2.1xmedian 2.3x 2.2xmedian 2.3x
PEG now vs peer median 0.01median 1.04 -0.42median 1.04 —median 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 monthsSKYABAXMDLN
Revenue $194.22K $5.55B $28.57B
Gross profit $321.93K $3.78B $7.79B
Operating income -$289.52M $532.00M $2.03B
Net income -$307.71M -$1.06B $1.03B
Free cash flow – $839.00M $1.59B
R&D $399.91K $542.00M –
EPS (diluted) $-4.27 $-2.05 $0.97
Cash & equivalents $12.07M $2.15B $2.33B
Total debt – $9.46B $12.58B
Shares (diluted) 72.09M 518.00M 861.00M
Enterprise value $168.49M $4.99B $43.02B

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
MetricSKYABAXMDLN
P/E -0.7x -12.1x 33.2x
P/FCF – 15.4x 26.8x
P/Operating cash flow – 9.6x 21.2x
P/S 1,080x 2.3x 1.5x
P/B 1.3x 2.1x 2.2x
P/Tangible book 16.1x 6.0x 7.7x
EV/EBITDA – 13.4x 17.0x
EV/EBIT -0.7x 38.0x 25.8x
EV/Revenue 1,018x 3.6x 1.8x
EV/FCF – 24.1x 33.0x
EV/Operating cash flow – 15.0x 26.2x
PEG (3Y EPS CAGR) 0.01 -0.42 –

Growth

14 metrics
MetricSKYABAXMDLN
Revenue growth (1Y) 108.9% -49.1% –
Revenue CAGR (3Y) 23.8% -23.5% –
Gross profit growth (1Y) – -1.8% –
Gross profit CAGR (3Y) – -5.2% –
Operating income growth (1Y) -5,525% -50.8% –
Operating income CAGR (3Y) -212.8% 29.5% –
Net income growth (1Y) -42,440% -604.0% –
Net income CAGR (3Y) -238.0% 28.0% –
EPS growth (1Y) -487.2% -580.5% –
EPS CAGR (3Y) -84.2% 28.6% –
Operating cash flow growth (1Y) – 56.3% –
Operating cash flow CAGR (3Y) – -4.8% –
Free cash flow growth (1Y) – 153.5% –
Free cash flow CAGR (3Y) – -9.5% –

Profitability

14 metrics
MetricSKYABAXMDLN
Gross margin 165.8% 68.1% 27.3%
EBITDA margin – 27.3% 10.8%
Operating margin -149,065% 9.6% 7.1%
Pretax margin -151,352% 5.1% 4.3%
Net margin -158,431% -19.2% 2.9%
FCF margin – 15.1% 5.6%
Operating cash flow margin – 24.2% 7.0%
Return on equity -140.2% -17.4% 5.4%
Return on assets -137.6% -5.4% 2.6%
Return on invested capital – 3.4% 5.4%
Return on capital employed -136.7% 3.3% 5.6%
Asset turnover 0.0x 0.3x 0.7x
Cash conversion (OCF / net income) – -1.3x 2.0x
Stock comp / revenue 48,037% 2.1% 0.3%

Financial Health

11 metrics
MetricSKYABAXMDLN
Debt / assets – 47.8% 32.0%
Debt / equity – 1.5x 0.7x
Net debt / EBITDA – 4.8x 3.2x
Debt / FCF – 11.3x 7.9x
Liabilities / assets 1.9% 68.6% 51.5%
Equity / assets 98.1% 31.4% 48.5%
Interest coverage – – –
Current ratio 5.3x 1.9x 4.3x
Quick ratio 4.4x 1.1x 2.3x
Cash ratio 4.2x 0.6x 1.0x
Altman Z-score 31.41 2.12 2.44

Shareholder Returns

7 metrics
MetricSKYABAXMDLN
Dividend yield – 0.2% –
Net buyback yield – -0.2% 0.0%
Shareholder yield – 0.0% 0.0%
Payout ratio (earnings) – -17.3% –
Payout ratio (FCF) – 21.9% –
Dividend growth (1Y) – -60.8% –
Dividend CAGR (3Y) – -32.0% –

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.

ConsensusSKYABAXMDLN
Forward P/E 0.0xFY2026 12.6xFY2026 22.5xFY2026
EPS, next fiscal year $2,362.06FY2026 $1.98FY2026 $1.44FY2026
EPS growth, next FY – -10.4%FY2026 +0.7%FY2026
EPS growth, the year after – -3.5% +13.9%
Revenue, next fiscal year $70.01MFY2026 $11.05BFY2026 $32.52BFY2026
Revenue growth, next FY +34,200.1%FY2026 -1.7%FY2026 +14.4%FY2026
Revenue growth, the year after +17.5% +11.7% +8.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSKYABAXMDLN
Held by institutions – 100.0% 85.5%
Institutions holding – 690 407
Change in shares held, QoQ – +5.2% +17.9%
Institutions buying – 359 322
Institutions selling – 193 68
Buyers to sellers – 1.86 4.74

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.

SKYABAXMDLN
SKYA 1.00 0.11 0.05
BAX 0.11 1.00 0.30
MDLN 0.05 0.30 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SKYA, BAX and MDLN?

Medline (MDLN) is the largest by market capitalisation: SkyAI (SKYA) $209.79M, Baxter International (BAX) $12.88B, Medline (MDLN) $42.57B.

Which company is growing faster?

SkyAI (SKYA) grew revenue fastest over the trailing twelve months: SkyAI (SKYA) +108.9%, Baxter International (BAX) -49.1%.

Which company is more profitable?

Medline (MDLN) has the highest net margin (SkyAI (SKYA) -158,431.4%, Baxter International (BAX) -19.2%, Medline (MDLN) 2.9%). On return on invested capital, Medline (MDLN) leads (Baxter International (BAX) 3.4%, Medline (MDLN) 5.4%).

Which stock has performed better?

Over the past year Baxter International (BAX) returned the most: SkyAI (SKYA) -46.2%, Baxter International (BAX) +7.6%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Baxter International (BAX) 0.16%. SkyAI (SKYA) and Medline (MDLN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Baxter International (BAX) has been the steadiest (SkyAI (SKYA) 106.0%, Baxter International (BAX) 44.3%, Medline (MDLN) 44.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SKYA, BAX and MDLN?

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