TXG vs TMO vs TECH Stock Comparison

10x Genomics, Thermo Fisher Scientific and Bio-Techne Prices as of Oct 26, 2026 Peers: Industry group
TXG 10x Genomics, Inc.
$72.96 -14.9% 1M +429.8% 1Y
Market cap
$10.15B
P/E
–
Revenue (TTM)
$616.91M
Div. yield
–
Life Sciences Tools Healthcare
1 win
TECH BIO-TECHNE Corp
$72.69 +0.1% 1M +10.3% 1Y
Market cap
$11.32B
P/E
62.3x
Revenue (TTM)
$1.22B
Div. yield
0.00%
Life Sciences Tools Healthcare
2 wins

Head to Head

9 decided of 12

Thermo Fisher Scientific leads on 6 of the 12 questions below (Thermo Fisher Scientific 6, Bio-Techne 2, 10x Genomics 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTXGTMOTECHLeader
Larger companyMarket capitalisation $10.15B $257.69B $11.32B TMO
Cheaper on earningsLower P/E, profitable companies only -135.1x 36.4x 62.3x TMO
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 26.4x 33.7x TMO
Faster revenue growthRevenue growth, trailing twelve months -4.3% +8.3% -0.4% TMO
More profitableNet margin, trailing twelve months -12.2% — 15.0% TECH
Better return on capitalReturn on invested capital — — 8.3% –
Less leveragedLower net debt / EBITDA — — -0.2x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +429.8% +19.6% +10.3% TXG
Better 5-year returnAnnualised price return, 5 years -14.4%/yr +2.3%/yr -10.6%/yr TMO
Less volatileAnnualised volatility, 1 year 73.8% 29.9% 43.6% TMO
Higher overall scoreMean of the five percentile scores vs peers 61/100 51/100 66/100 TECH

Percentile Scorecard

TXGTMOTECH

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

AxisTXGTMOTECH
Valuation 43 #130 of 228 49 #116 of 228 58 #96 of 228
Growth 66 #76 of 221 40 #133 of 221 39 #136 of 221
Profitability 63 #77 of 208 70 #63 of 208 94 #14 of 208
Financial Health 68 #78 of 239 – 86 #35 of 239
Shareholder Returns 67 #46 of 137 44 #77 of 137 52 #67 of 137
Overall 61 51 66
  • TXG ranked among 248 companies in Medical Devices and Diagnostics
  • TMO ranked among 248 companies in Medical Devices and Diagnostics
  • TECH 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

PeriodTXGTMOTECHSPY
1 month -14.9%+1.7%+0.1% -0.8%
3 months +58.9%+22.4%+1.5% +3.5%
6 months +227.5%+46.3%+31.9% +7.0%
Year to date +347.3%+18.2%+23.6% +12.2%
1 year +429.8%+19.6%+10.3% +13.0%
3 years +100.4%+58.7%+22.1% +86.3%
3 years, per year +26.1%+16.7%+6.9% +23.1%
5 years -54.1%+11.8%-43.0% +68.6%
5 years, per year -14.4%+2.3%-10.6% +11.0%
10 years —+362.6%+186.5% +258.0%
10 years, per year —+16.6%+11.1% +13.6%

Risk

MeasureTXGTMOTECHSPY
Volatility, 1Y 73.8%29.9%43.6% 12.7%
Downside volatility, 1Y 66.1%28.3%43.6% 12.7%
Beta vs S&P 500, 1Y 2.210.620.77 1.00
Return / volatility, 1Y 5.820.660.24 1.02
Max drawdown, 5Y -96.1%-41.5%-67.0% -25.4%
From 52-week high -25.4%-1.7%0.0% -1.8%
52-week high $97.74$696.55$72.69 $779.14
52-week low $12.44$438.34$43.30 $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.

MultipleTXGTMOTECH
P/E now vs peer median -126.2xmedian 30.6x 35.9xmedian 30.6x 62.3xmedian 30.6x
P/S now vs peer median 15.4xmedian 3.0x 5.3xmedian 3.0x 9.3xmedian 3.0x
EV/EBITDA now vs peer median -212.9xmedian 17.5x —median 17.5x 32.3xmedian 17.5x
P/FCF now vs peer median 78.3xmedian 23.3x 34.0xmedian 23.3x 43.1xmedian 23.3x
P/B now vs peer median 11.5xmedian 2.4x 4.6xmedian 2.4x 5.4xmedian 2.4x
PEG now vs peer median -4.70median 0.87 4.74median 0.87 -4.77median 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 monthsTXGTMOTECH
Revenue $616.91M $47.35B $1.22B
Gross profit $432.03M – $799.07M
Operating income -$88.38M $8.47B $251.89M
Net income -$75.13M $7.09B $181.86M
Free cash flow $121.44M – $263.22M
R&D $226.80M $1.40B $94.77M
EPS (diluted) $-0.58 $19.06 $1.16
Cash & equivalents – $5.46B $264.71M
Total debt – – $200.00M
Shares (diluted) 129.98M 371.00M 157.01M
Enterprise value $9.95B $257.69B $10.53B

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
MetricTXGTMOTECH
P/E -126.2x 35.9x 62.3x
P/FCF 78.3x 34.0x 43.1x
P/Operating cash flow 74.8x 27.2x 38.8x
P/S 15.4x 5.3x 9.3x
P/B 11.5x 4.6x 5.4x
P/Tangible book 12.4x 6.9x 6.3x
EV/EBITDA -212.9x – 32.3x
EV/EBIT -107.0x – 44.8x
EV/Revenue 15.3x 5.3x 9.3x
EV/FCF 77.9x – 42.9x
EV/Operating cash flow 74.4x 27.2x 38.6x
PEG (3Y EPS CAGR) -4.70 4.74 -4.77

Growth

14 metrics
MetricTXGTMOTECH
Revenue growth (1Y) -4.3% 8.3% -0.4%
Revenue CAGR (3Y) 2.8% 2.9% 2.2%
Gross profit growth (1Y) -3.5% – 1.1%
Gross profit CAGR (3Y) 1.1% – 1.3%
Operating income growth (1Y) 12.1% 12.8% 146.3%
Operating income CAGR (3Y) 20.9% 7.2% -5.5%
Net income growth (1Y) 11.2% 7.9% 147.8%
Net income CAGR (3Y) 24.2% 6.2% -14.0%
EPS growth (1Y) 14.9% 9.7% 152.0%
EPS CAGR (3Y) 26.8% 7.6% -13.1%
Operating cash flow growth (1Y) 89.8% 21.9% 1.6%
Operating cash flow CAGR (3Y) 135.5% 4.5% 4.7%
Free cash flow growth (1Y) 113.5% – 2.6%
Free cash flow CAGR (3Y) 44.7% – 6.8%

Profitability

14 metrics
MetricTXGTMOTECH
Gross margin 70.0% – 65.8%
EBITDA margin -7.2% – 28.7%
Operating margin -14.3% – 20.7%
Pretax margin -12.1% – 19.8%
Net margin -12.2% – 15.0%
FCF margin 19.7% – 21.7%
Operating cash flow margin 20.6% 19.7% 24.0%
Return on equity -9.2% 13.2% 8.7%
Return on assets -7.3% 6.2% 7.1%
Return on invested capital – – 8.3%
Return on capital employed -9.8% – 10.5%
Asset turnover 0.6x 0.4x 0.5x
Cash conversion (OCF / net income) -1.7x 1.3x 1.6x
Stock comp / revenue 16.0% – 0.5%

Financial Health

11 metrics
MetricTXGTMOTECH
Debt / assets – – 7.7%
Debt / equity – – 0.1x
Net debt / EBITDA – – -0.2x
Debt / FCF – – 0.8x
Liabilities / assets 19.9% – 18.5%
Equity / assets 80.1% 47.9% 81.5%
Interest coverage – – 26.2x
Current ratio 5.7x 1.8x 4.5x
Quick ratio 0.8x – 2.9x
Cash ratio 0.4x – 1.6x
Altman Z-score 26.75 – 15.91

Shareholder Returns

7 metrics
MetricTXGTMOTECH
Dividend yield – 0.3% 0.4%
Net buyback yield -0.1% – -0.3%
Shareholder yield -0.1% 0.3% 0.1%
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.

ConsensusTXGTMOTECH
Forward P/E – 26.4xFY2026 33.7xFY2027
EPS, next fiscal year $-0.79FY2026 $25.91FY2026 $2.16FY2027
EPS growth, next FY – +13.3%FY2026 +11.9%FY2027
EPS growth, the year after – +2.0% +5.1%
Revenue, next fiscal year $580.42MFY2026 $50.12BFY2026 $1.19BFY2027
Revenue growth, next FY -9.7%FY2026 +12.5%FY2026 -2.1%FY2027
Revenue growth, the year after +24.6% -2.8% +13.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTXGTMOTECH
Held by institutions 100.0% 90.2% 100.0%
Institutions holding 389 2,621 597
Change in shares held, QoQ +2.4% +0.8% -0.6%
Institutions buying 197 1,141 293
Institutions selling 137 1,144 241
Buyers to sellers 1.44 1.00 1.22

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.

TXGTMOTECH
TXG 1.00 0.50 0.35
TMO 0.50 1.00 0.47
TECH 0.35 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TXG, TMO and TECH?

Thermo Fisher Scientific (TMO) is the largest by market capitalisation: 10x Genomics (TXG) $10.15B, Thermo Fisher Scientific (TMO) $257.69B, Bio-Techne (TECH) $11.32B.

Which stock is cheaper, TXG, TMO and TECH?

Thermo Fisher Scientific (TMO) trades on the lowest price-to-earnings ratio (10x Genomics (TXG) -135.1x, Thermo Fisher Scientific (TMO) 36.4x, Bio-Techne (TECH) 62.3x). On next year's consensus earnings, Thermo Fisher Scientific (TMO) is cheapest (Thermo Fisher Scientific (TMO) 26.4x, Bio-Techne (TECH) 33.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Thermo Fisher Scientific (TMO) grew revenue fastest over the trailing twelve months: 10x Genomics (TXG) -4.3%, Thermo Fisher Scientific (TMO) +8.3%, Bio-Techne (TECH) -0.4%.

Which company is more profitable?

Bio-Techne (TECH) has the highest net margin (10x Genomics (TXG) -12.2%, Bio-Techne (TECH) 15.0%).

Which stock has performed better?

Over the past year 10x Genomics (TXG) returned the most: 10x Genomics (TXG) +429.8%, Thermo Fisher Scientific (TMO) +19.6%, Bio-Techne (TECH) +10.3%. Over five years, Thermo Fisher Scientific (TMO) compounded fastest (10x Genomics (TXG) -14.4%/yr, Thermo Fisher Scientific (TMO) +2.3%/yr, Bio-Techne (TECH) -10.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: 10x Genomics (TXG) 0.00%, Thermo Fisher Scientific (TMO) 0.00%, Bio-Techne (TECH) 0.00%. 10x Genomics (TXG) and Thermo Fisher Scientific (TMO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Thermo Fisher Scientific (TMO) has been the steadiest (10x Genomics (TXG) 73.8%, Thermo Fisher Scientific (TMO) 29.9%, Bio-Techne (TECH) 43.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TXG, TMO and TECH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Thermo Fisher Scientific (TMO) leads on 6. 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.