Medical - Diagnostics & Research
Compare Stocks
2 / 10Stock Comparison
DGX vs BIO
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Devices
DGX vs BIO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Diagnostics & Research | Medical - Devices |
| Market Cap | $21.12B | $6.95B |
| Revenue (TTM) | $11.28B | $2.59B |
| Net Income (TTM) | $1.02B | $169M |
| Gross Margin | 33.2% | 51.9% |
| Operating Margin | 14.3% | 9.2% |
| Forward P/E | 17.8x | 25.0x |
| Total Debt | $6.92B | $1.53B |
| Cash & Equiv. | $420M | $532M |
DGX vs BIO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Quest Diagnostics I… (DGX) | 100 | 161.3 | +61.3% |
| Bio-Rad Laboratorie… (BIO) | 100 | 52.4 | -47.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DGX vs BIO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DGX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 15 yrs, beta 0.07, yield 1.6%
- Rev growth 11.8%, EPS growth 13.8%, 3Y rev CAGR 3.7%
- 181.3% 10Y total return vs BIO's 81.4%
BIO is the clearest fit if your priority is momentum.
- +10.7% vs DGX's +9.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.8% revenue growth vs BIO's 0.7% | |
| Value | Lower P/E (17.8x vs 25.0x) | |
| Quality / Margins | 9.1% margin vs BIO's 6.5% | |
| Stability / Safety | Beta 0.07 vs BIO's 0.92 | |
| Dividends | 1.6% yield; 15-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +10.7% vs DGX's +9.9% | |
| Efficiency (ROA) | 6.3% ROA vs BIO's 2.2%, ROIC 8.8% vs 2.6% |
DGX vs BIO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DGX vs BIO — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DGX leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DGX is the larger business by revenue, generating $11.3B annually — 4.4x BIO's $2.6B. Profitability is closely matched — net margins range from 9.1% (DGX) to 6.5% (BIO). On growth, DGX holds the edge at +9.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $11.3B | $2.6B |
| EBITDAEarnings before interest/tax | $1.9B | -$315M |
| Net IncomeAfter-tax profit | $1.0B | $169M |
| Free Cash FlowCash after capex | $1.3B | $357M |
| Gross MarginGross profit ÷ Revenue | +33.2% | +51.9% |
| Operating MarginEBIT ÷ Revenue | +14.3% | +9.2% |
| Net MarginNet income ÷ Revenue | +9.1% | +6.5% |
| FCF MarginFCF ÷ Revenue | +11.8% | +13.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +9.2% | +1.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +15.5% | -9.5% |
Valuation Metrics
DGX leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 9.2x trailing earnings, BIO trades at a 58% valuation discount to DGX's 21.8x P/E. On an enterprise value basis, DGX's 12.7x EV/EBITDA is more attractive than BIO's 16.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $21.1B | $6.9B |
| Enterprise ValueMkt cap + debt − cash | $27.6B | $7.9B |
| Trailing P/EPrice ÷ TTM EPS | 21.81x | 9.23x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.77x | 25.00x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 12.71x | 16.70x |
| Price / SalesMarket cap ÷ Revenue | 1.91x | 2.69x |
| Price / BookPrice ÷ Book value/share | 2.96x | 0.94x |
| Price / FCFMarket cap ÷ FCF | 15.54x | 18.55x |
Profitability & Efficiency
DGX leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
DGX delivers a 13.8% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $2 for BIO. BIO carries lower financial leverage with a 0.21x debt-to-equity ratio, signaling a more conservative balance sheet compared to DGX's 0.95x. On the Piotroski fundamental quality scale (0–9), DGX scores 7/9 vs BIO's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +13.8% | +2.4% |
| ROA (TTM)Return on assets | +6.3% | +2.2% |
| ROICReturn on invested capital | +8.8% | +2.6% |
| ROCEReturn on capital employed | +11.5% | +2.9% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 |
| Debt / EquityFinancial leverage | 0.95x | 0.21x |
| Net DebtTotal debt minus cash | $6.5B | $999M |
| Cash & Equiv.Liquid assets | $420M | $532M |
| Total DebtShort + long-term debt | $6.9B | $1.5B |
| Interest CoverageEBIT ÷ Interest expense | 6.26x | -2.49x |
Total Returns (Dividends Reinvested)
DGX leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in DGX five years ago would be worth $14,771 today (with dividends reinvested), compared to $4,232 for BIO. Over the past 12 months, BIO leads with a +10.7% total return vs DGX's +9.9%. The 3-year compound annual growth rate (CAGR) favors DGX at 14.1% vs BIO's -12.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +10.8% | -15.7% |
| 1-Year ReturnPast 12 months | +9.9% | +10.7% |
| 3-Year ReturnCumulative with dividends | +48.5% | -32.0% |
| 5-Year ReturnCumulative with dividends | +47.7% | -57.7% |
| 10-Year ReturnCumulative with dividends | +181.3% | +81.4% |
| CAGR (3Y)Annualised 3-year return | +14.1% | -12.1% |
Risk & Volatility
DGX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
DGX is the less volatile stock with a 0.07 beta — it tends to amplify market swings less than BIO's 0.92 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DGX currently trades 89.4% from its 52-week high vs BIO's 75.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.07x | 0.92x |
| 52-Week HighHighest price in past year | $213.50 | $343.12 |
| 52-Week LowLowest price in past year | $164.65 | $211.43 |
| % of 52W HighCurrent price vs 52-week peak | +89.4% | +75.0% |
| RSI (14)Momentum oscillator 0–100 | 40.1 | 37.0 |
| Avg Volume (50D)Average daily shares traded | 841K | 306K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates DGX as "Hold" and BIO as "Buy". Consensus price targets imply 21.4% upside for BIO (target: $313) vs 15.6% for DGX (target: $221). DGX is the only dividend payer here at 1.64% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $220.57 | $312.50 |
| # AnalystsCovering analysts | 34 | 14 |
| Dividend YieldAnnual dividend ÷ price | +1.6% | — |
| Dividend StreakConsecutive years of raises | 15 | — |
| Dividend / ShareAnnual DPS | $3.12 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +2.1% | +4.3% |
DGX leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.
DGX vs BIO: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is DGX or BIO a better buy right now?
For growth investors, Quest Diagnostics Incorporated (DGX) is the stronger pick with 11.
8% revenue growth year-over-year, versus 0. 7% for Bio-Rad Laboratories, Inc. (BIO). Bio-Rad Laboratories, Inc. (BIO) offers the better valuation at 9. 2x trailing P/E (25. 0x forward), making it the more compelling value choice. Analysts rate Bio-Rad Laboratories, Inc. (BIO) a "Buy" — based on 14 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 — DGX or BIO?
On trailing P/E, Bio-Rad Laboratories, Inc.
(BIO) is the cheapest at 9. 2x versus Quest Diagnostics Incorporated at 21. 8x. On forward P/E, Quest Diagnostics Incorporated is actually cheaper at 17. 8x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — DGX or BIO?
Over the past 5 years, Quest Diagnostics Incorporated (DGX) delivered a total return of +47.
7%, compared to -57. 7% for Bio-Rad Laboratories, Inc. (BIO). Over 10 years, the gap is even starker: DGX returned +181. 3% versus BIO's +81. 4%. 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 — DGX or BIO?
By beta (market sensitivity over 5 years), Quest Diagnostics Incorporated (DGX) is the lower-risk stock at 0.
07β versus Bio-Rad Laboratories, Inc. 's 0. 92β — meaning BIO is approximately 1158% more volatile than DGX relative to the S&P 500. On balance sheet safety, Bio-Rad Laboratories, Inc. (BIO) carries a lower debt/equity ratio of 21% versus 95% for Quest Diagnostics Incorporated — giving it more financial flexibility in a downturn.
05Which is growing faster — DGX or BIO?
By revenue growth (latest reported year), Quest Diagnostics Incorporated (DGX) is pulling ahead at 11.
8% versus 0. 7% for Bio-Rad Laboratories, Inc. (BIO). On earnings-per-share growth, the picture is similar: Bio-Rad Laboratories, Inc. grew EPS 142. 6% year-over-year, compared to 13. 8% for Quest Diagnostics Incorporated. Over a 3-year CAGR, DGX leads at 3. 7% 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 — DGX or BIO?
Bio-Rad Laboratories, Inc.
(BIO) is the more profitable company, earning 29. 4% net margin versus 9. 0% for Quest Diagnostics Incorporated — meaning it keeps 29. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DGX leads at 14. 5% versus 10. 5% for BIO. At the gross margin level — before operating expenses — BIO leads at 52. 0%, 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 DGX or BIO more undervalued right now?
On forward earnings alone, Quest Diagnostics Incorporated (DGX) trades at 17.
8x forward P/E versus 25. 0x for Bio-Rad Laboratories, Inc. — 7. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BIO: 21. 4% to $312. 50.
08Which pays a better dividend — DGX or BIO?
In this comparison, DGX (1.
6% yield) pays a dividend. BIO does not pay a meaningful dividend and should not be held primarily for income.
09Is DGX or BIO better for a retirement portfolio?
For long-horizon retirement investors, Quest Diagnostics Incorporated (DGX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
07), 1. 6% yield, +181. 3% 10Y return). Both have compounded well over 10 years (DGX: +181. 3%, BIO: +81. 4%), 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 DGX and BIO?
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: DGX is a mid-cap quality compounder stock; BIO is a small-cap deep-value stock. DGX pays a dividend while BIO does not, making them suitable for different income and tax situations. 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.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.