BECTON DICKINSON AND CO (BDX) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:BDX • US0758871091
211.88 USD
+5.38 (+2.61%)
Last: Feb 4, 2026, 10:27 AM
BDX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 186 industry peers in the Health Care Equipment & Supplies industry. BDX scores excellent on profitability, but there are some minor concerns on its financial health. BDX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- BDX had positive earnings in the past year.
- In the past year BDX had a positive cash flow from operations.
- BDX had positive earnings in each of the past 5 years.
- BDX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- BDX has a better Return On Assets (3.03%) than 77.96% of its industry peers.
- The Return On Equity of BDX (6.61%) is better than 81.18% of its industry peers.
- BDX's Return On Invested Capital of 6.24% is fine compared to the rest of the industry. BDX outperforms 79.57% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BDX is below the industry average of 8.80%.
- The last Return On Invested Capital (6.24%) for BDX is above the 3 year average (5.64%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 6.61% | ||
| ROIC | 6.24% |
ROA(3y)2.9%
ROA(5y)3.12%
ROE(3y)6.24%
ROE(5y)6.77%
ROIC(3y)5.64%
ROIC(5y)5.24%
1.3 Margins
- Looking at the Profit Margin, with a value of 7.68%, BDX belongs to the top of the industry, outperforming 80.11% of the companies in the same industry.
- BDX's Profit Margin has improved in the last couple of years.
- BDX's Operating Margin of 15.70% is amongst the best of the industry. BDX outperforms 84.95% of its industry peers.
- BDX's Operating Margin has improved in the last couple of years.
- BDX has a worse Gross Margin (45.79%) than 60.75% of its industry peers.
- BDX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.7% | ||
| PM (TTM) | 7.68% | ||
| GM | 45.79% |
OM growth 3Y4.99%
OM growth 5Y10.71%
PM growth 3Y-4.96%
PM growth 5Y10%
GM growth 3Y0.22%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BDX is destroying value.
- Compared to 1 year ago, BDX has less shares outstanding
- BDX has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, BDX has an improved debt to assets ratio.
2.2 Solvency
- BDX has an Altman-Z score of 2.22. This is not the best score and indicates that BDX is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 2.22, BDX is doing good in the industry, outperforming 63.44% of the companies in the same industry.
- The Debt to FCF ratio of BDX is 7.18, which is on the high side as it means it would take BDX, 7.18 years of fcf income to pay off all of its debts.
- BDX has a Debt to FCF ratio of 7.18. This is in the better half of the industry: BDX outperforms 75.27% of its industry peers.
- BDX has a Debt/Equity ratio of 0.73. This is a neutral value indicating BDX is somewhat dependend on debt financing.
- BDX has a worse Debt to Equity ratio (0.73) than 68.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.65
WACC9.61%
2.3 Liquidity
- A Current Ratio of 1.11 indicates that BDX should not have too much problems paying its short term obligations.
- BDX has a Current ratio of 1.11. This is amonst the worse of the industry: BDX underperforms 84.41% of its industry peers.
- A Quick Ratio of 0.64 indicates that BDX may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.64, BDX is doing worse than 88.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
- BDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.57%, which is quite good.
- Measured over the past 5 years, BDX shows a small growth in Earnings Per Share. The EPS has been growing by 7.19% on average per year.
- Looking at the last year, BDX shows a quite strong growth in Revenue. The Revenue has grown by 8.24% 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)9.57%
EPS 3Y5.64%
EPS 5Y7.19%
EPS Q2Q%3.94%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y4.99%
Revenue growth 5Y6.32%
Sales Q2Q%8.33%
3.2 Future
- The Earnings Per Share is expected to grow by 6.59% on average over the next years.
- BDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.38% yearly.
EPS Next Y4.17%
EPS Next 2Y5.22%
EPS Next 3Y5.36%
EPS Next 5Y6.59%
Revenue Next Year2.91%
Revenue Next 2Y3.14%
Revenue Next 3Y3.19%
Revenue Next 5Y3.38%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 14.69, BDX is valued correctly.
- BDX's Price/Earnings ratio is rather cheap when compared to the industry. BDX is cheaper than 89.25% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.18, BDX is valued a bit cheaper.
- Based on the Price/Forward Earnings ratio of 14.11, the valuation of BDX can be described as correct.
- Based on the Price/Forward Earnings ratio, BDX is valued cheaper than 90.86% of the companies in the same industry.
- BDX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.69 | ||
| Fwd PE | 14.11 |
4.2 Price Multiples
- BDX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BDX is cheaper than 84.95% of the companies in the same industry.
- BDX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BDX is cheaper than 87.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.65 | ||
| EV/EBITDA | 13.01 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of BDX may justify a higher PE ratio.
PEG (NY)3.52
PEG (5Y)2.04
EPS Next 2Y5.22%
EPS Next 3Y5.36%
5. Dividend
5.1 Amount
- BDX has a Yearly Dividend Yield of 2.09%.
- Compared to an average industry Dividend Yield of 0.21, BDX pays a better dividend. On top of this BDX pays more dividend than 96.77% of the companies listed in the same industry.
- BDX's Dividend Yield is comparable with the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.09% |
5.2 History
- The dividend of BDX has a limited annual growth rate of 3.22%.
- BDX has paid a dividend for at least 10 years, which is a reliable track record.
- BDX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.22%
Div Incr Years34
Div Non Decr Years34
5.3 Sustainability
- BDX pays out 71.28% of its income as dividend. This is not a sustainable payout ratio.
- BDX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.28%
EPS Next 2Y5.22%
EPS Next 3Y5.36%
NYSE:BDX (2/4/2026, 10:27:08 AM)
211.88
+5.38 (+2.61%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-09 2026-02-09
Inst Owners94.4%
Inst Owner Change-0.23%
Ins Owners0.36%
Ins Owner Change4.12%
Market Cap60.47B
Revenue(TTM)21.84B
Net Income(TTM)1.68B
Analysts72.22
Price Target212.38 (0.24%)
Short Float %2.14%
Short Ratio3.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.09% |
Yearly Dividend4.16
Dividend Growth(5Y)3.22%
DP71.28%
Div Incr Years34
Div Non Decr Years34
Ex-Date03-10 2026-03-10 (1.05)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.54%
Min EPS beat(2)-0.05%
Max EPS beat(2)7.13%
EPS beat(4)3
Avg EPS beat(4)5.56%
Min EPS beat(4)-0.05%
Max EPS beat(4)14.05%
EPS beat(8)7
Avg EPS beat(8)5.42%
EPS beat(12)10
Avg EPS beat(12)4.67%
EPS beat(16)13
Avg EPS beat(16)5.77%
Revenue beat(2)0
Avg Revenue beat(2)-0.9%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)-0.58%
Revenue beat(4)1
Avg Revenue beat(4)-0.99%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)0.37%
Revenue beat(8)2
Avg Revenue beat(8)-0.95%
Revenue beat(12)5
Avg Revenue beat(12)-0.43%
Revenue beat(16)6
Avg Revenue beat(16)-0.46%
PT rev (1m)1.6%
PT rev (3m)-4.25%
EPS NQ rev (1m)0.11%
EPS NQ rev (3m)-12.11%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.2%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)-1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.69 | ||
| Fwd PE | 14.11 | ||
| P/S | 2.77 | ||
| P/FCF | 22.65 | ||
| P/OCF | 17.63 | ||
| P/B | 2.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.01 |
EPS(TTM)14.42
EY6.81%
EPS(NY)15.02
Fwd EY7.09%
FCF(TTM)9.35
FCFY4.42%
OCF(TTM)12.02
OCFY5.67%
SpS76.52
BVpS88.96
TBVpS-37.23
PEG (NY)3.52
PEG (5Y)2.04
Graham Number169.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 6.61% | ||
| ROCE | 7.29% | ||
| ROIC | 6.24% | ||
| ROICexc | 6.33% | ||
| ROICexgc | 26.66% | ||
| OM | 15.7% | ||
| PM (TTM) | 7.68% | ||
| GM | 45.79% | ||
| FCFM | 12.23% |
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-Score7
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 7.18 | ||
| Debt/EBITDA | 3.14 | ||
| Cap/Depr | 30.87% | ||
| Cap/Sales | 3.48% | ||
| Interest Coverage | 5.46 | ||
| Cash Conversion | 58.23% | ||
| Profit Quality | 159.12% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.22 |
F-Score7
WACC9.61%
ROIC/WACC0.65
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)9.57%
EPS 3Y5.64%
EPS 5Y7.19%
EPS Q2Q%3.94%
EPS Next Y4.17%
EPS Next 2Y5.22%
EPS Next 3Y5.36%
EPS Next 5Y6.59%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y4.99%
Revenue growth 5Y6.32%
Sales Q2Q%8.33%
Revenue Next Year2.91%
Revenue Next 2Y3.14%
Revenue Next 3Y3.19%
Revenue Next 5Y3.38%
EBIT growth 1Y18.62%
EBIT growth 3Y10.23%
EBIT growth 5Y17.71%
EBIT Next Year20.51%
EBIT Next 3Y11.94%
EBIT Next 5Y12.28%
FCF growth 1Y-13.11%
FCF growth 3Y17.14%
FCF growth 5Y-0.73%
OCF growth 1Y-9.69%
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 5 / 10 to BDX.
What is the valuation status for BDX stock?
ChartMill assigns a valuation rating of 6 / 10 to BECTON DICKINSON AND CO (BDX). This can be considered as Fairly Valued.
How profitable is BECTON DICKINSON AND CO (BDX) stock?
BECTON DICKINSON AND CO (BDX) has a profitability rating of 7 / 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 14.69 and the Price/Book (PB) ratio is 2.38.
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.