BECTON DICKINSON AND CO (BDX) Fundamental Analysis & Valuation
NYSE:BDX • US0758871091
Current stock price
149.31 USD
+0.27 (+0.18%)
At close:
149.31 USD
0 (0%)
After Hours:
This BDX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
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.
1.2 Ratios
- With a decent Return On Assets value of 3.20%, BDX is doing good in the industry, outperforming 77.01% of the companies in the same industry.
- BDX's Return On Equity of 6.95% is fine compared to the rest of the industry. BDX outperforms 78.07% of its industry peers.
- With an excellent Return On Invested Capital value of 6.78%, BDX belongs to the best of the industry, outperforming 81.28% of the companies in the same industry.
- BDX had an Average Return On Invested Capital over the past 3 years of 5.64%. This is below the industry average of 9.14%.
- The last Return On Invested Capital (6.78%) for BDX is above the 3 year average (5.64%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
- BDX has a better Profit Margin (8.01%) than 80.21% of its industry peers.
- BDX's Profit Margin has improved in the last couple of years.
- The Operating Margin of BDX (16.35%) is better than 86.10% of its industry peers.
- BDX's Operating Margin has improved in the last couple of years.
- BDX has a Gross Margin (46.42%) which is in line with its industry peers.
- BDX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. BDX Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BDX is destroying value.
- BDX has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, BDX has less shares outstanding
- The debt/assets ratio for BDX has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 1.91 indicates that BDX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 1.91, BDX is in line with its industry, outperforming 57.22% of the companies in the same industry.
- 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.
- BDX's Debt to FCF ratio of 7.43 is fine compared to the rest of the industry. BDX outperforms 72.19% of its industry peers.
- A Debt/Equity ratio of 0.67 indicates that BDX is somewhat dependend on debt financing.
- BDX's Debt to Equity ratio of 0.67 is on the low side compared to the rest of the industry. BDX is outperformed by 69.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 7.43 | ||
| Altman-Z | 1.91 |
ROIC/WACC0.96
WACC7.06%
2.3 Liquidity
- BDX has a Current Ratio of 1.05. This is a normal value and indicates that BDX is financially healthy and should not expect problems in meeting its short term obligations.
- BDX has a Current ratio of 1.05. This is amonst the worse of the industry: BDX underperforms 89.84% 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.
- BDX has a Quick ratio of 0.58. This is amonst the worse of the industry: BDX underperforms 91.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.58 |
3. BDX Growth Analysis
3.1 Past
- The earnings per share for BDX have decreased by -0.07% in the last year.
- 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.
- The Revenue has been growing slightly by 6.22% in the past 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 3.59% yearly.
- BDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.73% yearly.
EPS Next Y-12.75%
EPS Next 2Y-2.71%
EPS Next 3Y0.35%
EPS Next 5Y3.59%
Revenue Next Year-12.56%
Revenue Next 2Y-5.09%
Revenue Next 3Y-2.13%
Revenue Next 5Y0.73%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. BDX Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 10.74, the valuation of BDX can be described as very reasonable.
- BDX's Price/Earnings ratio is rather cheap when compared to the industry. BDX is cheaper than 91.44% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.64, BDX is valued rather cheaply.
- BDX is valuated reasonably with a Price/Forward Earnings ratio of 10.94.
- 92.51% of the companies in the same industry are more expensive than BDX, based on the Price/Forward Earnings ratio.
- BDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.74 | ||
| Fwd PE | 10.94 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BDX is valued cheaper than 89.84% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, BDX is valued cheaper than 93.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.16 | ||
| EV/EBITDA | 10.11 |
4.3 Compensation for Growth
- BDX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.49
EPS Next 2Y-2.71%
EPS Next 3Y0.35%
5. BDX Dividend Analysis
5.1 Amount
- BDX has a Yearly Dividend Yield of 2.82%.
- The stock price of BDX dropped by -26.62% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- BDX's Dividend Yield is rather good when compared to the industry average which is at 0.26. BDX pays more dividend than 96.79% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, BDX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
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 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 67.90% of its income as dividend. This is not a sustainable payout ratio.
- BDX's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP67.9%
EPS Next 2Y-2.71%
EPS Next 3Y0.35%
BDX Fundamentals: All Metrics, Ratios and Statistics
149.31
+0.27 (+0.18%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Industry Strength11.18
Industry Growth59.63
Earnings (Last)02-09 2026-02-09/bmo
Earnings (Next)05-07 2026-05-07/bmo
Inst Owners96.31%
Inst Owner Change-13.15%
Ins Owners0.36%
Ins Owner Change5.36%
Market Cap42.51B
Revenue(TTM)21.92B
Net Income(TTM)1.76B
Analysts74
Price Target198.14 (32.7%)
Short Float %2.54%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend4.16
Dividend Growth(5Y)3.22%
DP67.9%
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)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)0.96%
PT rev (3m)-2.81%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)-17.18%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-16.24%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)-15.54%
Revenue NY rev (1m)-0.94%
Revenue NY rev (3m)-15.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.74 | ||
| Fwd PE | 10.94 | ||
| P/S | 1.94 | ||
| P/FCF | 16.16 | ||
| P/OCF | 12.53 | ||
| P/B | 1.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.11 |
EPS(TTM)13.9
EY9.31%
EPS(NY)13.65
Fwd EY9.14%
FCF(TTM)9.24
FCFY6.19%
OCF(TTM)11.92
OCFY7.98%
SpS77
BVpS88.79
TBVpS-36.39
PEG (NY)N/A
PEG (5Y)1.49
Graham Number166.64 (11.61%)
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.91 |
F-Score8
WACC7.06%
ROIC/WACC0.96
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 Y-12.75%
EPS Next 2Y-2.71%
EPS Next 3Y0.35%
EPS Next 5Y3.59%
Revenue 1Y (TTM)6.22%
Revenue growth 3Y4.99%
Revenue growth 5Y6.32%
Sales Q2Q%1.63%
Revenue Next Year-12.56%
Revenue Next 2Y-5.09%
Revenue Next 3Y-2.13%
Revenue Next 5Y0.73%
EBIT growth 1Y22.78%
EBIT growth 3Y10.23%
EBIT growth 5Y17.71%
EBIT Next Year3.74%
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 Fundamental Analysis 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.
Can you provide the profitability details for BECTON DICKINSON AND CO?
BECTON DICKINSON AND CO (BDX) has a profitability rating of 8 / 10.
What is the expected EPS growth for BECTON DICKINSON AND CO (BDX) stock?
The Earnings per Share (EPS) of BECTON DICKINSON AND CO (BDX) is expected to decline by -12.75% in the next year.
How sustainable is the dividend of BECTON DICKINSON AND CO (BDX) stock?
The dividend rating of BECTON DICKINSON AND CO (BDX) is 6 / 10 and the dividend payout ratio is 67.9%.