BECTON DICKINSON AND CO (BDX) Fundamental Analysis & Valuation

NYSE:BDX • US0758871091

167.12 USD
-2.82 (-1.66%)
At close: Mar 6, 2026
167.12 USD
0 (0%)
After Hours: 3/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This BDX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

BDX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 184 industry peers in the Health Care Equipment & Supplies industry. While BDX has a great profitability rating, there are some minor concerns on its financial health. BDX is cheap, but on the other hand it scores bad on growth. BDX also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. BDX Profitability Analysis

1.1 Basic Checks

  • In the past year BDX was profitable.
  • BDX had a positive operating cash flow in the past year.
  • In the past 5 years BDX has always been profitable.
  • Each year in the past 5 years BDX had a positive operating cash flow.
BDX Yearly Net Income VS EBIT VS OCF VS FCFBDX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

1.2 Ratios

  • BDX has a better Return On Assets (3.20%) than 78.26% of its industry peers.
  • With a decent Return On Equity value of 6.95%, BDX is doing good in the industry, outperforming 79.89% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 6.78%, BDX belongs to the best of the industry, outperforming 81.52% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for BDX is below the industry average of 8.92%.
  • The 3 year average ROIC (5.64%) for BDX is below the current ROIC(6.78%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.2%
ROE 6.95%
ROIC 6.78%
ROA(3y)2.9%
ROA(5y)3.12%
ROE(3y)6.24%
ROE(5y)6.77%
ROIC(3y)5.64%
ROIC(5y)5.24%
BDX Yearly ROA, ROE, ROICBDX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • With an excellent Profit Margin value of 8.01%, BDX belongs to the best of the industry, outperforming 80.43% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BDX has grown nicely.
  • The Operating Margin of BDX (16.35%) is better than 85.33% of its industry peers.
  • In the last couple of years the Operating Margin of BDX has grown nicely.
  • BDX has a Gross Margin (46.42%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of BDX has remained more or less at the same level.
Industry RankSector Rank
OM 16.35%
PM (TTM) 8.01%
GM 46.42%
OM growth 3Y4.99%
OM growth 5Y10.71%
PM growth 3Y-4.96%
PM growth 5Y10%
GM growth 3Y0.22%
GM growth 5Y0.65%
BDX Yearly Profit, Operating, Gross MarginsBDX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. BDX Health Analysis

2.1 Basic Checks

  • BDX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • BDX has less shares outstanding than it did 1 year ago.
  • BDX has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BDX has been reduced compared to a year ago.
BDX Yearly Shares OutstandingBDX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
BDX Yearly Total Debt VS Total AssetsBDX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • An Altman-Z score of 2.03 indicates that BDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • BDX has a better Altman-Z score (2.03) than 60.87% of its industry peers.
  • The Debt to FCF ratio of BDX is 7.43, which is on the high side as it means it would take BDX, 7.43 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 7.43, BDX is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
  • A Debt/Equity ratio of 0.67 indicates that BDX is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.67, BDX is not doing good in the industry: 66.85% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF 7.43
Altman-Z 2.03
ROIC/WACC0.71
WACC9.5%
BDX Yearly LT Debt VS Equity VS FCFBDX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.3 Liquidity

  • A Current Ratio of 1.05 indicates that BDX should not have too much problems paying its short term obligations.
  • BDX has a worse Current ratio (1.05) than 86.41% of its industry peers.
  • BDX has a Quick Ratio of 1.05. This is a bad value and indicates that BDX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of BDX (0.58) is worse than 90.76% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 0.58
BDX Yearly Current Assets VS Current LiabilitesBDX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. BDX Growth Analysis

3.1 Past

  • The earnings per share for BDX have decreased by -0.07% in the last year.
  • The Earnings Per Share has been growing slightly by 7.19% on average over the past years.
  • Looking at the last year, BDX shows a small growth in Revenue. The Revenue has grown by 6.22% in the last year.
  • Measured over the past years, BDX shows a small growth in Revenue. The Revenue has been growing by 6.32% on average per year.
EPS 1Y (TTM)-0.07%
EPS 3Y5.64%
EPS 5Y7.19%
EPS Q2Q%-15.16%
Revenue 1Y (TTM)6.22%
Revenue growth 3Y4.99%
Revenue growth 5Y6.32%
Sales Q2Q%1.63%

3.2 Future

  • BDX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.61% yearly.
  • The Revenue is expected to grow by 3.98% on average over the next years.
EPS Next Y3.1%
EPS Next 2Y4.53%
EPS Next 3Y4.55%
EPS Next 5Y6.61%
Revenue Next Year-11.32%
Revenue Next 2Y-5%
Revenue Next 3Y-2.12%
Revenue Next 5Y3.98%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
BDX Yearly Revenue VS EstimatesBDX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
BDX Yearly EPS VS EstimatesBDX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

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7

4. BDX Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 12.02, the valuation of BDX can be described as correct.
  • Based on the Price/Earnings ratio, BDX is valued cheaper than 91.85% of the companies in the same industry.
  • BDX is valuated cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
  • BDX is valuated reasonably with a Price/Forward Earnings ratio of 10.61.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BDX indicates a rather cheap valuation: BDX is cheaper than 93.48% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of BDX to the average of the S&P500 Index (24.57), we can say BDX is valued rather cheaply.
Industry RankSector Rank
PE 12.02
Fwd PE 10.61
BDX Price Earnings VS Forward Price EarningsBDX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BDX is valued cheaper than 90.22% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BDX indicates a rather cheap valuation: BDX is cheaper than 90.76% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 18.1
EV/EBITDA 11.1
BDX Per share dataBDX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40 60 80

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BDX does not grow enough to justify the current Price/Earnings ratio.
  • BDX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.88
PEG (5Y)1.67
EPS Next 2Y4.53%
EPS Next 3Y4.55%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. BDX Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.38%, BDX has a reasonable but not impressive dividend return.
  • BDX's Dividend Yield is rather good when compared to the industry average which is at 0.20. BDX pays more dividend than 97.83% of the companies in the same industry.
  • BDX's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.38%

5.2 History

  • The dividend of BDX has a limited annual growth rate of 3.22%.
  • BDX has been paying a dividend for at least 10 years, so it has a reliable track record.
  • BDX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.22%
Div Incr Years34
Div Non Decr Years34
BDX Yearly Dividends per shareBDX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

5.3 Sustainability

  • 67.90% of the earnings are spent on dividend by BDX. This is not a sustainable payout ratio.
  • BDX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP67.9%
EPS Next 2Y4.53%
EPS Next 3Y4.55%
BDX Yearly Income VS Free CF VS DividendBDX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
BDX Dividend Payout.BDX Dividend Payout, showing the Payout Ratio.BDX Dividend Payout.PayoutRetained Earnings

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BDX Fundamentals: All Metrics, Ratios and Statistics

BECTON DICKINSON AND CO

NYSE:BDX (3/6/2026, 8:04:00 PM)

After market: 167.12 0 (0%)

167.12

-2.82 (-1.66%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)02-09
Earnings (Next)04-29
Inst Owners94.4%
Inst Owner Change1.55%
Ins Owners0.36%
Ins Owner Change4.71%
Market Cap47.61B
Revenue(TTM)21.92B
Net Income(TTM)1.76B
Analysts72.22
Price Target204.45 (22.34%)
Short Float %5.13%
Short Ratio5.98
Dividend
Industry RankSector Rank
Dividend Yield 2.38%
Yearly Dividend4.16
Dividend Growth(5Y)3.22%
DP67.9%
Div Incr Years34
Div Non Decr Years34
Ex-Date03-10
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.2%
Min EPS beat(2)-0.05%
Max EPS beat(2)2.45%
EPS beat(4)3
Avg EPS beat(4)2.66%
Min EPS beat(4)-0.05%
Max EPS beat(4)7.13%
EPS beat(8)7
Avg EPS beat(8)4.4%
EPS beat(12)10
Avg EPS beat(12)4.04%
EPS beat(16)13
Avg EPS beat(16)4.28%
Revenue beat(2)1
Avg Revenue beat(2)-0.09%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)1.04%
Revenue beat(4)1
Avg Revenue beat(4)-0.82%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)1.04%
Revenue beat(8)3
Avg Revenue beat(8)-0.63%
Revenue beat(12)5
Avg Revenue beat(12)-0.37%
Revenue beat(16)7
Avg Revenue beat(16)-0.28%
PT rev (1m)-3.73%
PT rev (3m)-2.43%
EPS NQ rev (1m)-17.14%
EPS NQ rev (3m)-17.92%
EPS NY rev (1m)-1.03%
EPS NY rev (3m)-0.81%
Revenue NQ rev (1m)-15.11%
Revenue NQ rev (3m)-15.04%
Revenue NY rev (1m)-13.83%
Revenue NY rev (3m)-14.98%
Valuation
Industry RankSector Rank
PE 12.02
Fwd PE 10.61
P/S 2.17
P/FCF 18.1
P/OCF 14.03
P/B 1.88
P/tB N/A
EV/EBITDA 11.1
EPS(TTM)13.9
EY8.32%
EPS(NY)15.76
Fwd EY9.43%
FCF(TTM)9.23
FCFY5.53%
OCF(TTM)11.91
OCFY7.13%
SpS76.95
BVpS88.74
TBVpS-36.37
PEG (NY)3.88
PEG (5Y)1.67
Graham Number166.59
Profitability
Industry RankSector Rank
ROA 3.2%
ROE 6.95%
ROCE 7.78%
ROIC 6.78%
ROICexc 6.89%
ROICexgc 32.24%
OM 16.35%
PM (TTM) 8.01%
GM 46.42%
FCFM 12%
ROA(3y)2.9%
ROA(5y)3.12%
ROE(3y)6.24%
ROE(5y)6.77%
ROIC(3y)5.64%
ROIC(5y)5.24%
ROICexc(3y)5.8%
ROICexc(5y)5.4%
ROICexgc(3y)27.15%
ROICexgc(5y)27.08%
ROCE(3y)6.53%
ROCE(5y)6.07%
ROICexgc growth 3Y-3.96%
ROICexgc growth 5Y9.78%
ROICexc growth 3Y7.94%
ROICexc growth 5Y16.75%
OM growth 3Y4.99%
OM growth 5Y10.71%
PM growth 3Y-4.96%
PM growth 5Y10%
GM growth 3Y0.22%
GM growth 5Y0.65%
F-Score8
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF 7.43
Debt/EBITDA 2.79
Cap/Depr 30.9%
Cap/Sales 3.48%
Interest Coverage 250
Cash Conversion 56.07%
Profit Quality 149.74%
Current Ratio 1.05
Quick Ratio 0.58
Altman-Z 2.03
F-Score8
WACC9.5%
ROIC/WACC0.71
Cap/Depr(3y)33.59%
Cap/Depr(5y)39.6%
Cap/Sales(3y)3.86%
Cap/Sales(5y)4.6%
Profit Quality(3y)162.63%
Profit Quality(5y)151.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.07%
EPS 3Y5.64%
EPS 5Y7.19%
EPS Q2Q%-15.16%
EPS Next Y3.1%
EPS Next 2Y4.53%
EPS Next 3Y4.55%
EPS Next 5Y6.61%
Revenue 1Y (TTM)6.22%
Revenue growth 3Y4.99%
Revenue growth 5Y6.32%
Sales Q2Q%1.63%
Revenue Next Year-11.32%
Revenue Next 2Y-5%
Revenue Next 3Y-2.12%
Revenue Next 5Y3.98%
EBIT growth 1Y22.78%
EBIT growth 3Y10.23%
EBIT growth 5Y17.71%
EBIT Next Year4.49%
EBIT Next 3Y4.56%
EBIT Next 5Y12.28%
FCF growth 1Y-0.68%
FCF growth 3Y17.14%
FCF growth 5Y-0.73%
OCF growth 1Y-1.08%
OCF growth 3Y9.2%
OCF growth 5Y-0.62%

BECTON DICKINSON AND CO / BDX FAQ

Can you provide the ChartMill fundamental rating for BECTON DICKINSON AND CO?

ChartMill assigns a fundamental rating of 6 / 10 to BDX.


What is the valuation status for BDX stock?

ChartMill assigns a valuation rating of 7 / 10 to BECTON DICKINSON AND CO (BDX). This can be considered as Undervalued.


How profitable is BECTON DICKINSON AND CO (BDX) stock?

BECTON DICKINSON AND CO (BDX) has a profitability rating of 8 / 10.


What is the valuation of BECTON DICKINSON AND CO based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BECTON DICKINSON AND CO (BDX) is 12.02 and the Price/Book (PB) ratio is 1.88.


What is the financial health of BECTON DICKINSON AND CO (BDX) stock?

The financial health rating of BECTON DICKINSON AND CO (BDX) is 4 / 10.