Medical - Devices
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4 / 10Stock Comparison
ALGN vs HOLX vs IDXX vs DXCM
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Medical - Diagnostics & Research
Medical - Devices
ALGN vs HOLX vs IDXX vs DXCM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies | Medical - Diagnostics & Research | Medical - Devices |
| Market Cap | $12.06B | $16.97B | $45.45B | $23.50B |
| Revenue (TTM) | $4.10B | $4.13B | $4.45B | $4.82B |
| Net Income (TTM) | $430M | $544M | $1.10B | $930M |
| Gross Margin | 67.7% | 52.8% | 62.1% | 61.8% |
| Operating Margin | 14.4% | 17.5% | 31.6% | 21.4% |
| Forward P/E | 14.9x | 17.2x | 39.5x | 24.5x |
| Total Debt | $114M | $2.63B | $1.08B | $1.39B |
| Cash & Equiv. | $1.08B | $1.96B | $180M | $918M |
ALGN vs HOLX vs IDXX vs DXCM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Align Technology, I… (ALGN) | 100 | 68.6 | -31.4% |
| Hologic, Inc. (HOLX) | 100 | 142.6 | +42.6% |
| IDEXX Laboratories,… (IDXX) | 100 | 185.2 | +85.2% |
| DexCom, Inc. (DXCM) | 100 | 64.4 | -35.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ALGN vs HOLX vs IDXX vs DXCM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ALGN is the clearest fit if your priority is value.
- Lower P/E (14.9x vs 39.5x)
HOLX has the current edge in this matchup, primarily because of its strength in income & stability and sleep-well-at-night.
- beta 0.41
- Lower volatility, beta 0.41, Low D/E 52.0%, current ratio 3.75x
- Beta 0.41, current ratio 3.75x
- Beta 0.41 vs ALGN's 1.66
IDXX is the #2 pick in this set and the best alternative if long-term compounding is your priority.
- 5.6% 10Y total return vs HOLX's 124.3%
- 24.6% margin vs ALGN's 10.5%
- 32.6% ROA vs HOLX's 6.1%, ROIC 42.5% vs 9.4%
DXCM is the clearest fit if your priority is growth exposure and valuation efficiency.
- Rev growth 15.6%, EPS growth 47.2%, 3Y rev CAGR 17.0%
- PEG 2.34 vs IDXX's 2.76
- 15.6% revenue growth vs ALGN's 0.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.6% revenue growth vs ALGN's 0.9% | |
| Value | Lower P/E (14.9x vs 39.5x) | |
| Quality / Margins | 24.6% margin vs ALGN's 10.5% | |
| Stability / Safety | Beta 0.41 vs ALGN's 1.66 | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +37.1% vs DXCM's -26.9% | |
| Efficiency (ROA) | 32.6% ROA vs HOLX's 6.1%, ROIC 42.5% vs 9.4% |
ALGN vs HOLX vs IDXX vs DXCM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ALGN vs HOLX vs IDXX vs DXCM — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
DXCM leads in 1 of 6 categories
ALGN leads 1 • IDXX leads 1 • HOLX leads 1 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
DXCM leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DXCM and ALGN operate at a comparable scale, with $4.8B and $4.1B in trailing revenue. IDXX is the more profitable business, keeping 24.6% of every revenue dollar as net income compared to ALGN's 10.5%. On growth, DXCM holds the edge at +15.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $4.1B | $4.1B | $4.4B | $4.8B |
| EBITDAEarnings before interest/tax | $790M | $974M | $1.5B | $1.2B |
| Net IncomeAfter-tax profit | $430M | $544M | $1.1B | $930M |
| Free Cash FlowCash after capex | $717M | $1000M | $845M | $1.4B |
| Gross MarginGross profit ÷ Revenue | +67.7% | +52.8% | +62.1% | +61.8% |
| Operating MarginEBIT ÷ Revenue | +14.4% | +17.5% | +31.6% | +21.4% |
| Net MarginNet income ÷ Revenue | +10.5% | +13.2% | +24.6% | +19.3% |
| FCF MarginFCF ÷ Revenue | +17.5% | +24.2% | +19.0% | +29.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.2% | +2.5% | +14.3% | +15.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +23.6% | -9.2% | +16.6% | +88.9% |
Valuation Metrics
ALGN leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 29.1x trailing earnings, DXCM trades at a 33% valuation discount to IDXX's 43.7x P/E. Adjusting for growth (PEG ratio), DXCM offers better value at 2.78x vs IDXX's 3.06x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $12.1B | $17.0B | $45.4B | $23.5B |
| Enterprise ValueMkt cap + debt − cash | $11.1B | $17.6B | $46.3B | $24.0B |
| Trailing P/EPrice ÷ TTM EPS | 29.80x | 30.53x | 43.75x | 29.14x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.85x | 17.21x | 39.45x | 24.47x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 3.06x | 2.78x |
| EV / EBITDAEnterprise value multiple | 13.92x | 17.39x | 31.60x | 20.60x |
| Price / SalesMarket cap ÷ Revenue | 2.99x | 4.14x | 10.56x | 5.04x |
| Price / BookPrice ÷ Book value/share | 3.02x | 3.43x | 28.75x | 8.99x |
| Price / FCFMarket cap ÷ FCF | 24.57x | 18.44x | 43.14x | 21.82x |
Profitability & Efficiency
Evenly matched — ALGN and IDXX each lead in 4 of 9 comparable metrics.
Profitability & Efficiency
IDXX delivers a 70.9% return on equity — every $100 of shareholder capital generates $71 in annual profit, vs $11 for ALGN. ALGN carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to IDXX's 0.67x. On the Piotroski fundamental quality scale (0–9), DXCM scores 8/9 vs IDXX's 7/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +10.7% | +11.0% | +70.9% | +33.8% |
| ROA (TTM)Return on assets | +6.9% | +6.1% | +32.6% | +13.4% |
| ROICReturn on invested capital | +15.4% | +9.4% | +42.5% | +18.7% |
| ROCEReturn on capital employed | +14.5% | +8.8% | +61.4% | +23.5% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 7 | 7 | 8 |
| Debt / EquityFinancial leverage | 0.03x | 0.52x | 0.67x | 0.51x |
| Net DebtTotal debt minus cash | -$965M | $667M | $897M | $472M |
| Cash & Equiv.Liquid assets | $1.1B | $2.0B | $180M | $918M |
| Total DebtShort + long-term debt | $114M | $2.6B | $1.1B | $1.4B |
| Interest CoverageEBIT ÷ Interest expense | 389.13x | 8.00x | 35.55x | 57.21x |
Total Returns (Dividends Reinvested)
IDXX leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in HOLX five years ago would be worth $11,582 today (with dividends reinvested), compared to $2,814 for ALGN. Over the past 12 months, HOLX leads with a +37.1% total return vs DXCM's -26.9%. The 3-year compound annual growth rate (CAGR) favors IDXX at 5.6% vs DXCM's -20.3% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +7.9% | +1.9% | -14.6% | -8.5% |
| 1-Year ReturnPast 12 months | -2.2% | +37.1% | +17.6% | -26.9% |
| 3-Year ReturnCumulative with dividends | -45.0% | -8.5% | +17.9% | -49.3% |
| 5-Year ReturnCumulative with dividends | -71.9% | +15.8% | +5.1% | -32.1% |
| 10-Year ReturnCumulative with dividends | +122.8% | +124.3% | +556.2% | +290.2% |
| CAGR (3Y)Annualised 3-year return | -18.1% | -2.9% | +5.6% | -20.3% |
Risk & Volatility
HOLX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
HOLX is the less volatile stock with a 0.41 beta — it tends to amplify market swings less than ALGN's 1.66 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. HOLX currently trades 100.0% from its 52-week high vs DXCM's 67.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.66x | 0.41x | 1.35x | 1.06x |
| 52-Week HighHighest price in past year | $208.31 | $76.04 | $769.98 | $89.98 |
| 52-Week LowLowest price in past year | $122.00 | $52.81 | $471.74 | $54.11 |
| % of 52W HighCurrent price vs 52-week peak | +80.8% | +100.0% | +74.3% | +67.7% |
| RSI (14)Momentum oscillator 0–100 | 44.6 | 69.1 | 52.1 | 43.6 |
| Avg Volume (50D)Average daily shares traded | 1.1M | 10.0M | 533K | 3.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: ALGN as "Buy", HOLX as "Hold", IDXX as "Buy", DXCM as "Buy". Consensus price targets imply 35.1% upside for IDXX (target: $773) vs 3.9% for HOLX (target: $79).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $203.60 | $79.00 | $773.13 | $80.88 |
| # AnalystsCovering analysts | 33 | 42 | 22 | 52 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +3.9% | +4.4% | +2.7% | +2.1% |
DXCM leads in 1 of 6 categories (Income & Cash Flow). ALGN leads in 1 (Valuation Metrics). 1 tied.
ALGN vs HOLX vs IDXX vs DXCM: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is ALGN or HOLX or IDXX or DXCM a better buy right now?
For growth investors, DexCom, Inc.
(DXCM) is the stronger pick with 15. 6% revenue growth year-over-year, versus 0. 9% for Align Technology, Inc. (ALGN). DexCom, Inc. (DXCM) offers the better valuation at 29. 1x trailing P/E (24. 5x forward), making it the more compelling value choice. Analysts rate Align Technology, Inc. (ALGN) a "Buy" — based on 33 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 has the better valuation — ALGN or HOLX or IDXX or DXCM?
On trailing P/E, DexCom, Inc.
(DXCM) is the cheapest at 29. 1x versus IDEXX Laboratories, Inc. at 43. 7x. On forward P/E, Align Technology, Inc. is actually cheaper at 14. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: DexCom, Inc. wins at 2. 34x versus IDEXX Laboratories, Inc. 's 2. 76x.
03Which is the better long-term investment — ALGN or HOLX or IDXX or DXCM?
Over the past 5 years, Hologic, Inc.
(HOLX) delivered a total return of +15. 8%, compared to -71. 9% for Align Technology, Inc. (ALGN). Over 10 years, the gap is even starker: IDXX returned +556. 2% versus ALGN's +122. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ALGN or HOLX or IDXX or DXCM?
By beta (market sensitivity over 5 years), Hologic, Inc.
(HOLX) is the lower-risk stock at 0. 41β versus Align Technology, Inc. 's 1. 66β — meaning ALGN is approximately 304% more volatile than HOLX relative to the S&P 500. On balance sheet safety, Align Technology, Inc. (ALGN) carries a lower debt/equity ratio of 3% versus 67% for IDEXX Laboratories, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — ALGN or HOLX or IDXX or DXCM?
By revenue growth (latest reported year), DexCom, Inc.
(DXCM) is pulling ahead at 15. 6% versus 0. 9% for Align Technology, Inc. (ALGN). On earnings-per-share growth, the picture is similar: DexCom, Inc. grew EPS 47. 2% year-over-year, compared to -25. 0% for Hologic, Inc.. Over a 3-year CAGR, DXCM leads at 17. 0% 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.
06Which has better profit margins — ALGN or HOLX or IDXX or DXCM?
IDEXX Laboratories, Inc.
(IDXX) is the more profitable company, earning 24. 6% net margin versus 10. 2% for Align Technology, Inc. — meaning it keeps 24. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IDXX leads at 31. 6% versus 15. 3% for ALGN. At the gross margin level — before operating expenses — ALGN leads at 68. 3%, 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.
07Is ALGN or HOLX or IDXX or DXCM more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, DexCom, Inc. (DXCM) is the more undervalued stock at a PEG of 2. 34x versus IDEXX Laboratories, Inc. 's 2. 76x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Align Technology, Inc. (ALGN) trades at 14. 9x forward P/E versus 39. 5x for IDEXX Laboratories, Inc. — 24. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IDXX: 35. 1% to $773. 13.
08Which pays a better dividend — ALGN or HOLX or IDXX or DXCM?
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.
09Is ALGN or HOLX or IDXX or DXCM better for a retirement portfolio?
For long-horizon retirement investors, Hologic, Inc.
(HOLX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 41), +124. 3% 10Y return). Align Technology, Inc. (ALGN) carries a higher beta of 1. 66 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (HOLX: +124. 3%, ALGN: +122. 8%), 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.
10What are the main differences between ALGN and HOLX and IDXX and DXCM?
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: ALGN is a mid-cap quality compounder stock; HOLX is a mid-cap quality compounder stock; IDXX is a mid-cap quality compounder stock; DXCM is a mid-cap high-growth 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.
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