Compare Stocks

2 / 10
Try these comparisons:

Stock Comparison

ADPT vs PACB

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
ADPT
Adaptive Biotechnologies Corporation

Biotechnology

HealthcareNASDAQ • US
Market Cap$2.35B
5Y Perf.-62.0%
PACB
Pacific Biosciences of California, Inc.

Medical - Devices

HealthcareNASDAQ • US
Market Cap$498M
5Y Perf.-53.1%

ADPT vs PACB — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
ADPT logoADPT
PACB logoPACB
IndustryBiotechnologyMedical - Devices
Market Cap$2.35B$498M
Revenue (TTM)$295M$160M
Net Income (TTM)$-50M$-546M
Gross Margin75.3%28.2%
Operating Margin-15.8%-346.1%
Total Debt$281M$759M
Cash & Equiv.$70M$64M

ADPT vs PACBLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

ADPT
PACB
StockMay 20May 26Return
Adaptive Biotechnol… (ADPT)10038.0-62.0%
Pacific Biosciences… (PACB)10046.9-53.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: ADPT vs PACB

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: ADPT leads in 5 of 6 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. As sector peers, any of these can serve as alternatives in the same allocation.
ADPT
Adaptive Biotechnologies Corporation
The Income Pick

ADPT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 2.07
  • Rev growth 54.8%, EPS growth 63.9%, 3Y rev CAGR 14.3%
  • -63.5% 10Y total return vs PACB's -81.3%
Best for: income & stability and growth exposure
PACB
Pacific Biosciences of California, Inc.
The Specific-Use Pick

In this particular matchup, PACB is outpaced on most metrics by others in the set.

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthADPT logoADPT54.8% revenue growth vs PACB's 3.9%
Quality / MarginsADPT logoADPT-16.8% margin vs PACB's -341.5%
Stability / SafetyADPT logoADPTBeta 2.07 vs PACB's 2.43, lower leverage
DividendsTieNeither stock pays a meaningful dividend
Momentum (1Y)ADPT logoADPT+66.7% vs PACB's +46.0%
Efficiency (ROA)ADPT logoADPT-9.9% ROA vs PACB's -66.8%, ROIC -12.6% vs -45.8%

ADPT vs PACB — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ADPTAdaptive Biotechnologies Corporation
FY 2021
Sequencing Revenue
51.1%$79M
Development Support Revenue
42.4%$65M
Development Revenue Regulatory Milestones
6.5%$10M
PACBPacific Biosciences of California, Inc.
FY 2025
Product
45.9%$136M
Consumable
27.7%$82M
Instrument
18.2%$54M
Service And Other
8.2%$24M

ADPT vs PACB — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLADPTLAGGINGPACB

Income & Cash Flow (Last 12 Months)

ADPT leads this category, winning 5 of 5 comparable metrics.

ADPT is the larger business by revenue, generating $295M annually — 1.8x PACB's $160M. Profitability is closely matched — net margins range from -16.8% (ADPT) to -3.4% (PACB). On growth, ADPT holds the edge at +35.1% YoY revenue growth, suggesting stronger near-term business momentum.

MetricADPT logoADPTAdaptive Biotechn…PACB logoPACBPacific Bioscienc…
RevenueTrailing 12 months$295M$160M
EBITDAEarnings before interest/tax-$34M-$169M
Net IncomeAfter-tax profit-$50M-$546M
Free Cash FlowCash after capex-$30M-$124M
Gross MarginGross profit ÷ Revenue+75.3%+28.2%
Operating MarginEBIT ÷ Revenue-15.8%-3.5%
Net MarginNet income ÷ Revenue-16.8%-3.4%
FCF MarginFCF ÷ Revenue-10.0%-77.4%
Rev. Growth (YoY)Latest quarter vs prior year+35.1%+13.8%
EPS Growth (YoY)Latest quarter vs prior year+35.0%
ADPT leads this category, winning 5 of 5 comparable metrics.

Valuation Metrics

ADPT leads this category, winning 2 of 3 comparable metrics.
MetricADPT logoADPTAdaptive Biotechn…PACB logoPACBPacific Bioscienc…
Market CapShares × price$2.4B$498M
Enterprise ValueMkt cap + debt − cash$2.6B$1.2B
Trailing P/EPrice ÷ TTM EPS-37.67x-0.91x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue8.49x3.11x
Price / BookPrice ÷ Book value/share9.91x92.53x
Price / FCFMarket cap ÷ FCF
ADPT leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

ADPT leads this category, winning 9 of 9 comparable metrics.

ADPT delivers a -23.9% return on equity — every $100 of shareholder capital generates $-24 in annual profit, vs $-11 for PACB. ADPT carries lower financial leverage with a 1.25x debt-to-equity ratio, signaling a more conservative balance sheet compared to PACB's 141.98x. On the Piotroski fundamental quality scale (0–9), ADPT scores 5/9 vs PACB's 3/9, reflecting solid financial health.

MetricADPT logoADPTAdaptive Biotechn…PACB logoPACBPacific Bioscienc…
ROE (TTM)Return on equity-23.9%-11.2%
ROA (TTM)Return on assets-9.9%-66.8%
ROICReturn on invested capital-12.6%-45.8%
ROCEReturn on capital employed-13.2%-58.0%
Piotroski ScoreFundamental quality 0–953
Debt / EquityFinancial leverage1.25x141.98x
Net DebtTotal debt minus cash$210M$696M
Cash & Equiv.Liquid assets$70M$64M
Total DebtShort + long-term debt$281M$759M
Interest CoverageEBIT ÷ Interest expense-6.68x-77.95x
ADPT leads this category, winning 9 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

ADPT leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in ADPT five years ago would be worth $4,198 today (with dividends reinvested), compared to $663 for PACB. Over the past 12 months, ADPT leads with a +66.7% total return vs PACB's +46.0%. The 3-year compound annual growth rate (CAGR) favors ADPT at 30.6% vs PACB's -48.7% — a key indicator of consistent wealth creation.

MetricADPT logoADPTAdaptive Biotechn…PACB logoPACBPacific Bioscienc…
YTD ReturnYear-to-date-7.7%-10.3%
1-Year ReturnPast 12 months+66.7%+46.0%
3-Year ReturnCumulative with dividends+122.6%-86.5%
5-Year ReturnCumulative with dividends-58.0%-93.4%
10-Year ReturnCumulative with dividends-63.5%-81.3%
CAGR (3Y)Annualised 3-year return+30.6%-48.7%
ADPT leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

ADPT leads this category, winning 2 of 2 comparable metrics.

ADPT is the less volatile stock with a 2.07 beta — it tends to amplify market swings less than PACB's 2.43 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ADPT currently trades 70.8% from its 52-week high vs PACB's 60.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricADPT logoADPTAdaptive Biotechn…PACB logoPACBPacific Bioscienc…
Beta (5Y)Sensitivity to S&P 5002.07x2.43x
52-Week HighHighest price in past year$20.76$2.73
52-Week LowLowest price in past year$8.38$0.85
% of 52W HighCurrent price vs 52-week peak+70.8%+60.4%
RSI (14)Momentum oscillator 0–10052.360.2
Avg Volume (50D)Average daily shares traded2.0M5.9M
ADPT leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Wall Street rates ADPT as "Buy" and PACB as "Buy". Consensus price targets imply 44.7% upside for ADPT (target: $21) vs -39.4% for PACB (target: $1).

MetricADPT logoADPTAdaptive Biotechn…PACB logoPACBPacific Bioscienc…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$21.25$1.00
# AnalystsCovering analysts1718
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

ADPT leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.

Best OverallAdaptive Biotechnologies Co… (ADPT)Leads 5 of 6 categories
Loading custom metrics...

ADPT vs PACB: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is ADPT or PACB a better buy right now?

For growth investors, Adaptive Biotechnologies Corporation (ADPT) is the stronger pick with 54.

8% revenue growth year-over-year, versus 3. 9% for Pacific Biosciences of California, Inc. (PACB). Analysts rate Adaptive Biotechnologies Corporation (ADPT) a "Buy" — based on 17 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — ADPT or PACB?

Over the past 5 years, Adaptive Biotechnologies Corporation (ADPT) delivered a total return of -58.

0%, compared to -93. 4% for Pacific Biosciences of California, Inc. (PACB). Over 10 years, the gap is even starker: ADPT returned -63. 5% versus PACB's -81. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — ADPT or PACB?

By beta (market sensitivity over 5 years), Adaptive Biotechnologies Corporation (ADPT) is the lower-risk stock at 2.

07β versus Pacific Biosciences of California, Inc. 's 2. 43β — meaning PACB is approximately 17% more volatile than ADPT relative to the S&P 500. On balance sheet safety, Adaptive Biotechnologies Corporation (ADPT) carries a lower debt/equity ratio of 125% versus 142% for Pacific Biosciences of California, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — ADPT or PACB?

By revenue growth (latest reported year), Adaptive Biotechnologies Corporation (ADPT) is pulling ahead at 54.

8% versus 3. 9% for Pacific Biosciences of California, Inc. (PACB). On earnings-per-share growth, the picture is similar: Adaptive Biotechnologies Corporation grew EPS 63. 9% year-over-year, compared to -70. 1% for Pacific Biosciences of California, Inc.. Over a 3-year CAGR, ADPT leads at 14. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

05

Which has better profit margins — ADPT or PACB?

Adaptive Biotechnologies Corporation (ADPT) is the more profitable company, earning -21.

5% net margin versus -341. 5% for Pacific Biosciences of California, Inc. — meaning it keeps -21. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ADPT leads at -20. 6% versus -348. 5% for PACB. At the gross margin level — before operating expenses — ADPT leads at 74. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Which pays a better dividend — ADPT or PACB?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

07

Is ADPT or PACB better for a retirement portfolio?

For long-horizon retirement investors, Adaptive Biotechnologies Corporation (ADPT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding.

Pacific Biosciences of California, Inc. (PACB) carries a higher beta of 2. 43 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ADPT: -63. 5%, PACB: -81. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between ADPT and PACB?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: ADPT is a small-cap high-growth stock; PACB is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

ADPT

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 17%
  • Gross Margin > 45%
Run This Screen
Stocks Like

PACB

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 6%
  • Gross Margin > 16%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform ADPT and PACB on the metrics below

Revenue Growth>
%
(ADPT: 35.1% · PACB: 13.8%)

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.