Medical - Instruments & Supplies
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BLCO vs ATRC
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
BLCO vs ATRC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Medical - Instruments & Supplies |
| Market Cap | $5.70B | $1.42B |
| Revenue (TTM) | $5.21B | $552M |
| Net Income (TTM) | $-219M | $-5M |
| Gross Margin | 55.9% | 75.5% |
| Operating Margin | 5.9% | -0.4% |
| Forward P/E | 20.2x | 373.5x |
| Total Debt | $5.37B | $88M |
| Cash & Equiv. | $383M | $167M |
BLCO vs ATRC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 22 | May 26 | Return |
|---|---|---|---|
| Bausch + Lomb Corpo… (BLCO) | 100 | 94.1 | -5.9% |
| AtriCure, Inc. (ATRC) | 100 | 68.9 | -31.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BLCO vs ATRC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BLCO is the clearest fit if your priority is value and momentum.
- Lower P/E (20.2x vs 373.5x)
- +46.8% vs ATRC's -6.2%
ATRC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.03
- Rev growth 14.9%, EPS growth 74.7%, 3Y rev CAGR 17.4%
- 100.6% 10Y total return vs BLCO's -20.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.9% revenue growth vs BLCO's 6.5% | |
| Value | Lower P/E (20.2x vs 373.5x) | |
| Quality / Margins | -0.8% margin vs BLCO's -4.2% | |
| Stability / Safety | Beta 1.03 vs BLCO's 1.39, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +46.8% vs ATRC's -6.2% | |
| Efficiency (ROA) | -0.7% ROA vs BLCO's -1.6%, ROIC -0.6% vs 1.2% |
BLCO vs ATRC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BLCO vs ATRC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ATRC leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
BLCO is the larger business by revenue, generating $5.2B annually — 9.4x ATRC's $552M. Profitability is closely matched — net margins range from -0.8% (ATRC) to -4.2% (BLCO). On growth, ATRC holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $5.2B | $552M |
| EBITDAEarnings before interest/tax | $724M | $13M |
| Net IncomeAfter-tax profit | -$219M | -$5M |
| Free Cash FlowCash after capex | $4M | $54M |
| Gross MarginGross profit ÷ Revenue | +55.9% | +75.5% |
| Operating MarginEBIT ÷ Revenue | +5.9% | -0.4% |
| Net MarginNet income ÷ Revenue | -4.2% | -0.8% |
| FCF MarginFCF ÷ Revenue | +0.1% | +9.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +9.4% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +66.7% | +101.6% |
Valuation Metrics
BLCO leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, BLCO's 17.6x EV/EBITDA is more attractive than ATRC's 78.4x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.7B | $1.4B |
| Enterprise ValueMkt cap + debt − cash | $10.7B | $1.3B |
| Trailing P/EPrice ÷ TTM EPS | -15.69x | -116.71x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.23x | 373.47x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 17.56x | 78.37x |
| Price / SalesMarket cap ÷ Revenue | 1.12x | 2.65x |
| Price / BookPrice ÷ Book value/share | 0.87x | 2.72x |
| Price / FCFMarket cap ÷ FCF | — | 29.37x |
Profitability & Efficiency
ATRC leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
ATRC delivers a -1.0% return on equity — every $100 of shareholder capital generates $-1 in annual profit, vs $-3 for BLCO. ATRC carries lower financial leverage with a 0.18x debt-to-equity ratio, signaling a more conservative balance sheet compared to BLCO's 0.82x. On the Piotroski fundamental quality scale (0–9), ATRC scores 5/9 vs BLCO's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -3.4% | -1.0% |
| ROA (TTM)Return on assets | -1.6% | -0.7% |
| ROICReturn on invested capital | +1.2% | -0.6% |
| ROCEReturn on capital employed | +1.6% | -0.6% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 |
| Debt / EquityFinancial leverage | 0.82x | 0.18x |
| Net DebtTotal debt minus cash | $5.0B | -$79M |
| Cash & Equiv.Liquid assets | $383M | $167M |
| Total DebtShort + long-term debt | $5.4B | $88M |
| Interest CoverageEBIT ÷ Interest expense | 0.71x | 0.38x |
Total Returns (Dividends Reinvested)
BLCO leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BLCO five years ago would be worth $8,000 today (with dividends reinvested), compared to $3,604 for ATRC. Over the past 12 months, BLCO leads with a +46.8% total return vs ATRC's -6.2%. The 3-year compound annual growth rate (CAGR) favors BLCO at -4.3% vs ATRC's -16.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -3.5% | -28.7% |
| 1-Year ReturnPast 12 months | +46.8% | -6.2% |
| 3-Year ReturnCumulative with dividends | -12.5% | -41.4% |
| 5-Year ReturnCumulative with dividends | -20.0% | -64.0% |
| 10-Year ReturnCumulative with dividends | -20.0% | +100.6% |
| CAGR (3Y)Annualised 3-year return | -4.3% | -16.3% |
Risk & Volatility
Evenly matched — BLCO and ATRC each lead in 1 of 2 comparable metrics.
Risk & Volatility
ATRC is the less volatile stock with a 1.03 beta — it tends to amplify market swings less than BLCO's 1.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BLCO currently trades 84.6% from its 52-week high vs ATRC's 64.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 1.03x |
| 52-Week HighHighest price in past year | $18.92 | $43.18 |
| 52-Week LowLowest price in past year | $10.83 | $26.62 |
| % of 52W HighCurrent price vs 52-week peak | +84.6% | +64.9% |
| RSI (14)Momentum oscillator 0–100 | 46.9 | 53.1 |
| Avg Volume (50D)Average daily shares traded | 416K | 657K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates BLCO as "Hold" and ATRC as "Buy". Consensus price targets imply 80.9% upside for ATRC (target: $51) vs 18.8% for BLCO (target: $19).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $19.00 | $50.67 |
| # AnalystsCovering analysts | 16 | 19 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.8% |
ATRC leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BLCO leads in 2 (Valuation Metrics, Total Returns). 1 tied.
BLCO vs ATRC: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is BLCO or ATRC a better buy right now?
For growth investors, AtriCure, Inc.
(ATRC) is the stronger pick with 14. 9% revenue growth year-over-year, versus 6. 5% for Bausch + Lomb Corporation (BLCO). Analysts rate AtriCure, Inc. (ATRC) a "Buy" — based on 19 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.
02Which is the better long-term investment — BLCO or ATRC?
Over the past 5 years, Bausch + Lomb Corporation (BLCO) delivered a total return of -20.
0%, compared to -64. 0% for AtriCure, Inc. (ATRC). Over 10 years, the gap is even starker: ATRC returned +100. 6% versus BLCO's -20. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — BLCO or ATRC?
By beta (market sensitivity over 5 years), AtriCure, Inc.
(ATRC) is the lower-risk stock at 1. 03β versus Bausch + Lomb Corporation's 1. 39β — meaning BLCO is approximately 36% more volatile than ATRC relative to the S&P 500. On balance sheet safety, AtriCure, Inc. (ATRC) carries a lower debt/equity ratio of 18% versus 82% for Bausch + Lomb Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — BLCO or ATRC?
By revenue growth (latest reported year), AtriCure, Inc.
(ATRC) is pulling ahead at 14. 9% versus 6. 5% for Bausch + Lomb Corporation (BLCO). On earnings-per-share growth, the picture is similar: AtriCure, Inc. grew EPS 74. 7% year-over-year, compared to -13. 3% for Bausch + Lomb Corporation. Over a 3-year CAGR, ATRC leads at 17. 4% 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.
05Which has better profit margins — BLCO or ATRC?
AtriCure, Inc.
(ATRC) is the more profitable company, earning -2. 1% net margin versus -7. 1% for Bausch + Lomb Corporation — meaning it keeps -2. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BLCO leads at 3. 7% versus -0. 6% for ATRC. At the gross margin level — before operating expenses — ATRC leads at 74. 4%, 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.
06Is BLCO or ATRC more undervalued right now?
On forward earnings alone, Bausch + Lomb Corporation (BLCO) trades at 20.
2x forward P/E versus 373. 5x for AtriCure, Inc. — 353. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ATRC: 80. 9% to $50. 67.
07Which pays a better dividend — BLCO or ATRC?
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.
08Is BLCO or ATRC better for a retirement portfolio?
For long-horizon retirement investors, AtriCure, Inc.
(ATRC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 03), +100. 6% 10Y return). Both have compounded well over 10 years (ATRC: +100. 6%, BLCO: -20. 0%), 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.
09What are the main differences between BLCO and ATRC?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
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.
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