BECTON DICKINSON AND CO (BDX) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:BDX • US0758871091
206.5 USD
+4.59 (+2.27%)
At close: Feb 3, 2026
206.5 USD
0 (0%)
After Hours: 2/3/2026, 8:04:00 PM
Taking everything into account, BDX scores 5 out of 10 in our fundamental rating. BDX was compared to 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 is not valued too expensively and it also shows a decent growth rate.
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.
- Each year in the past 5 years BDX has been profitable.
- Each year in the past 5 years BDX had a positive operating cash flow.
1.2 Ratios
- BDX has a Return On Assets of 3.03%. This is in the better half of the industry: BDX outperforms 77.96% of its industry peers.
- BDX's Return On Equity of 6.61% is amongst the best of the industry. BDX outperforms 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.
- BDX had an Average Return On Invested Capital over the past 3 years of 5.64%. This is below the industry average of 8.80%.
- The 3 year average ROIC (5.64%) for BDX is below the current ROIC(6.24%), indicating increased profibility in the last year.
| 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
- The Profit Margin of BDX (7.68%) is better than 80.11% of its industry peers.
- BDX's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 15.70%, BDX belongs to the best of the industry, outperforming 84.95% of the companies in the same industry.
- In the last couple of years the Operating Margin of BDX has grown nicely.
- Looking at the Gross Margin, with a value of 45.79%, BDX is doing worse than 60.75% of the companies in the same industry.
- 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
- The number of shares outstanding for BDX has been reduced compared to 5 years ago.
- BDX has a better debt/assets ratio than last year.
2.2 Solvency
- BDX has an Altman-Z score of 2.20. 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.
- Looking at the Altman-Z score, with a value of 2.20, BDX is in the better half of the industry, outperforming 63.44% of the companies in the same industry.
- BDX has a debt to FCF ratio of 7.18. This is a slightly negative value and a sign of low solvency as BDX would need 7.18 years to pay back of 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.
- A Debt/Equity ratio of 0.73 indicates that BDX is somewhat dependend on debt financing.
- BDX has a Debt to Equity ratio of 0.73. This is in the lower half of the industry: BDX underperforms 68.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | 2.2 |
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's Current ratio of 1.11 is on the low side compared to the rest of the industry. BDX is outperformed by 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.
- The Earnings Per Share has been growing slightly by 7.19% on average over the past years.
- BDX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.24%.
- 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
- Based on estimates for the next years, BDX will show a small growth in Earnings Per Share. The EPS will grow by 6.59% on average per year.
- The Revenue is expected to grow by 3.38% on average over the next years.
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.
- 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. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 14.32, the valuation of BDX can be described as correct.
- Based on the Price/Earnings ratio, BDX is valued cheaper than 89.78% of the companies in the same industry.
- BDX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.18.
- With a Price/Forward Earnings ratio of 13.75, BDX is valued correctly.
- 91.40% 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 25.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.32 | ||
| Fwd PE | 13.75 |
4.2 Price Multiples
- BDX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BDX is cheaper than 86.02% 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 88.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.07 | ||
| EV/EBITDA | 12.78 |
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)3.43
PEG (5Y)1.99
EPS Next 2Y5.22%
EPS Next 3Y5.36%
5. Dividend
5.1 Amount
- BDX has a Yearly Dividend Yield of 2.09%.
- BDX's Dividend Yield is rather good when compared to the industry average which is at 0.21. BDX pays more dividend than 96.77% of the companies 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 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 71.28% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of BDX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.28%
EPS Next 2Y5.22%
EPS Next 3Y5.36%
206.5
+4.59 (+2.27%)
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 Cap58.94B
Revenue(TTM)21.84B
Net Income(TTM)1.68B
Analysts72.22
Price Target212.38 (2.85%)
Short Float %N/A
Short RatioN/A
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 | 14.32 | ||
| Fwd PE | 13.75 | ||
| P/S | 2.7 | ||
| P/FCF | 22.07 | ||
| P/OCF | 17.18 | ||
| P/B | 2.32 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.78 |
EPS(TTM)14.42
EY6.98%
EPS(NY)15.02
Fwd EY7.27%
FCF(TTM)9.35
FCFY4.53%
OCF(TTM)12.02
OCFY5.82%
SpS76.52
BVpS88.96
TBVpS-37.23
PEG (NY)3.43
PEG (5Y)1.99
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 | 2.2 |
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 14.32 and the Price/Book (PB) ratio is 2.32.
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.