Medical - Devices
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5 / 10Stock Comparison
PHG vs BAX vs SYK vs BDX vs ZBH
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Medical - Devices
Medical - Instruments & Supplies
Medical - Devices
PHG vs BAX vs SYK vs BDX vs ZBH — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies | Medical - Devices | Medical - Instruments & Supplies | Medical - Devices |
| Market Cap | $25.84B | $9.04B | $112.69B | $55.53B | $16.32B |
| Revenue (TTM) | $17.83B | $11.32B | $25.12B | $21.36B | $8.41B |
| Net Income (TTM) | $895M | $-1.10B | $3.25B | $1.14B | $761M |
| Gross Margin | 45.2% | 30.1% | 63.5% | 46.5% | 70.0% |
| Operating Margin | 8.0% | -2.7% | 22.4% | 10.6% | 15.6% |
| Forward P/E | 17.5x | 9.2x | 19.6x | 12.3x | 9.8x |
| Total Debt | $8.09B | $10.00B | $14.86B | $19.18B | $7.52B |
| Cash & Equiv. | $2.79B | $1.97B | $4.01B | $851M | $592M |
PHG vs BAX vs SYK vs BDX vs ZBH — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Koninklijke Philips… (PHG) | 100 | 65.9 | -34.1% |
| Baxter Internationa… (BAX) | 100 | 19.5 | -80.5% |
| Stryker Corporation (SYK) | 100 | 150.3 | +50.3% |
| Becton, Dickinson a… (BDX) | 100 | 103.0 | +3.0% |
| Zimmer Biomet Holdi… (ZBH) | 100 | 68.0 | -32.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PHG vs BAX vs SYK vs BDX vs ZBH
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PHG lags the leaders in this set but could rank higher in a more targeted comparison.
BAX is the #2 pick in this set and the best alternative if defensive is your priority.
- Beta 1.37, yield 3.9%, current ratio 2.31x
- Lower P/E (9.2x vs 19.6x)
- 3.9% yield, vs SYK's 1.1%
SYK carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 34 yrs, beta 0.55, yield 1.1%
- Rev growth 11.2%, EPS growth 8.2%, 3Y rev CAGR 10.8%
- 187.1% 10Y total return vs BDX's 80.2%
- Lower volatility, beta 0.55, Low D/E 66.3%, current ratio 1.89x
BDX ranks third and is worth considering specifically for valuation efficiency.
- PEG 0.74 vs SYK's 1.32
- +51.8% vs BAX's -41.8%
Among these 5 stocks, ZBH doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.2% revenue growth vs PHG's -1.0% | |
| Value | Lower P/E (9.2x vs 19.6x) | |
| Quality / Margins | 12.9% margin vs BAX's -9.7% | |
| Stability / Safety | Beta 0.55 vs BAX's 1.37, lower leverage | |
| Dividends | 3.9% yield, vs SYK's 1.1% | |
| Momentum (1Y) | +51.8% vs BAX's -41.8% | |
| Efficiency (ROA) | 6.9% ROA vs BAX's -5.4%, ROIC 11.4% vs -1.4% |
PHG vs BAX vs SYK vs BDX vs ZBH — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
PHG vs BAX vs SYK vs BDX vs ZBH — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
SYK leads in 2 of 6 categories
PHG leads 0 • BAX leads 0 • BDX leads 0 • ZBH leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
SYK leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SYK is the larger business by revenue, generating $25.1B annually — 3.0x ZBH's $8.4B. SYK is the more profitable business, keeping 12.9% of every revenue dollar as net income compared to BAX's -9.7%. On growth, SYK holds the edge at +11.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $17.8B | $11.3B | $25.1B | $21.4B | $8.4B |
| EBITDAEarnings before interest/tax | $2.5B | $671M | $6.3B | $4.2B | $2.3B |
| Net IncomeAfter-tax profit | $895M | -$1.1B | $3.2B | $1.1B | $761M |
| Free Cash FlowCash after capex | $755M | $501M | $4.3B | $3.1B | $1.8B |
| Gross MarginGross profit ÷ Revenue | +45.2% | +30.1% | +63.5% | +46.5% | +70.0% |
| Operating MarginEBIT ÷ Revenue | +8.0% | -2.7% | +22.4% | +10.6% | +15.6% |
| Net MarginNet income ÷ Revenue | +5.0% | -9.7% | +12.9% | +5.3% | +9.1% |
| FCF MarginFCF ÷ Revenue | +4.2% | +4.4% | +17.1% | +14.7% | +21.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.1% | +2.9% | +11.4% | -10.6% | +9.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.1% | -112.0% | +56.0% | -2.0% | +34.1% |
Valuation Metrics
Evenly matched — BAX and ZBH each lead in 3 of 7 comparable metrics.
Valuation Metrics
At 23.5x trailing earnings, ZBH trades at a 33% valuation discount to SYK's 35.0x P/E. Adjusting for growth (PEG ratio), BDX offers better value at 1.59x vs SYK's 2.36x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $25.8B | $9.0B | $112.7B | $55.5B | $16.3B |
| Enterprise ValueMkt cap + debt − cash | $32.1B | $17.1B | $123.5B | $73.9B | $23.3B |
| Trailing P/EPrice ÷ TTM EPS | 24.85x | -10.01x | 35.03x | 26.29x | 23.48x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.55x | 9.17x | 19.62x | 12.27x | 9.83x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 2.36x | 1.59x | — |
| EV / EBITDAEnterprise value multiple | 10.70x | 25.37x | 20.31x | 14.65x | 9.47x |
| Price / SalesMarket cap ÷ Revenue | 1.23x | 0.80x | 4.49x | 2.54x | 1.98x |
| Price / BookPrice ÷ Book value/share | 2.02x | 1.47x | 5.02x | 1.73x | 1.30x |
| Price / FCFMarket cap ÷ FCF | 24.62x | 27.99x | 26.31x | 20.80x | 11.09x |
Profitability & Efficiency
SYK leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
SYK delivers a 15.0% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $-16 for BAX. ZBH carries lower financial leverage with a 0.59x debt-to-equity ratio, signaling a more conservative balance sheet compared to BAX's 1.64x. On the Piotroski fundamental quality scale (0–9), PHG scores 7/9 vs ZBH's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +8.2% | -16.5% | +15.0% | +4.5% | +5.8% |
| ROA (TTM)Return on assets | +3.4% | -5.4% | +6.9% | +2.1% | +3.3% |
| ROICReturn on invested capital | +6.4% | -1.4% | +11.4% | +4.3% | +5.4% |
| ROCEReturn on capital employed | +7.1% | -1.7% | +13.0% | +5.4% | +6.9% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 | 6 | 7 | 5 |
| Debt / EquityFinancial leverage | 0.74x | 1.64x | 0.66x | 0.76x | 0.59x |
| Net DebtTotal debt minus cash | $5.3B | $8.0B | $10.8B | $18.3B | $6.9B |
| Cash & Equiv.Liquid assets | $2.8B | $2.0B | $4.0B | $851M | $592M |
| Total DebtShort + long-term debt | $8.1B | $10.0B | $14.9B | $19.2B | $7.5B |
| Interest CoverageEBIT ÷ Interest expense | 4.34x | -0.83x | 6.72x | 4.09x | 4.08x |
Total Returns (Dividends Reinvested)
Evenly matched — PHG and SYK and BDX each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in SYK five years ago would be worth $12,152 today (with dividends reinvested), compared to $2,566 for BAX. Over the past 12 months, BDX leads with a +51.8% total return vs BAX's -41.8%. The 3-year compound annual growth rate (CAGR) favors PHG at 11.6% vs BAX's -24.1% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +0.3% | -10.2% | -15.2% | +0.7% | -7.1% |
| 1-Year ReturnPast 12 months | +17.7% | -41.8% | -22.5% | +51.8% | -10.4% |
| 3-Year ReturnCumulative with dividends | +38.8% | -56.3% | +5.5% | +5.0% | -37.2% |
| 5-Year ReturnCumulative with dividends | -42.7% | -74.3% | +21.5% | +16.9% | -47.3% |
| 10-Year ReturnCumulative with dividends | +48.3% | -42.4% | +187.1% | +80.2% | -17.8% |
| CAGR (3Y)Annualised 3-year return | +11.6% | -24.1% | +1.8% | +1.6% | -14.4% |
Risk & Volatility
Evenly matched — PHG and SYK each lead in 1 of 2 comparable metrics.
Risk & Volatility
SYK is the less volatile stock with a 0.55 beta — it tends to amplify market swings less than BAX's 1.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PHG currently trades 81.2% from its 52-week high vs BAX's 53.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.12x | 1.37x | 0.55x | 0.66x | 0.65x |
| 52-Week HighHighest price in past year | $33.44 | $32.68 | $404.87 | $205.52 | $108.29 |
| 52-Week LowLowest price in past year | $21.95 | $15.73 | $289.91 | $100.31 | $79.83 |
| % of 52W HighCurrent price vs 52-week peak | +81.2% | +53.6% | +72.7% | +74.6% | +77.0% |
| RSI (14)Momentum oscillator 0–100 | 47.7 | 44.0 | 24.3 | 32.2 | 34.3 |
| Avg Volume (50D)Average daily shares traded | 1.0M | 8.7M | 2.1M | 2.5M | 2.2M |
Analyst Outlook
Evenly matched — BAX and SYK each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PHG as "Hold", BAX as "Hold", SYK as "Buy", BDX as "Buy", ZBH as "Hold". Consensus price targets imply 37.2% upside for SYK (target: $404) vs 12.8% for BDX (target: $173). For income investors, BAX offers the higher dividend yield at 3.87% vs SYK's 1.14%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Buy | Buy | Hold |
| Price TargetConsensus 12-month target | — | $19.75 | $403.69 | $172.85 | $97.90 |
| # AnalystsCovering analysts | 22 | 36 | 50 | 33 | 42 |
| Dividend YieldAnnual dividend ÷ price | +1.5% | +3.9% | +1.1% | +2.7% | +1.1% |
| Dividend StreakConsecutive years of raises | 1 | 0 | 34 | 1 | 0 |
| Dividend / ShareAnnual DPS | $0.34 | $0.68 | $3.36 | $4.17 | $0.96 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | +1.8% | +3.0% |
SYK leads in 2 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 4 categories are tied.
PHG vs BAX vs SYK vs BDX vs ZBH: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PHG or BAX or SYK or BDX or ZBH a better buy right now?
For growth investors, Stryker Corporation (SYK) is the stronger pick with 11.
2% revenue growth year-over-year, versus -1. 0% for Koninklijke Philips N. V. (PHG). Zimmer Biomet Holdings, Inc. (ZBH) offers the better valuation at 23. 5x trailing P/E (9. 8x forward), making it the more compelling value choice. Analysts rate Stryker Corporation (SYK) a "Buy" — based on 50 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 — PHG or BAX or SYK or BDX or ZBH?
On trailing P/E, Zimmer Biomet Holdings, Inc.
(ZBH) is the cheapest at 23. 5x versus Stryker Corporation at 35. 0x. On forward P/E, Baxter International Inc. is actually cheaper at 9. 2x — 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: Becton, Dickinson and Company wins at 0. 74x versus Stryker Corporation's 1. 32x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — PHG or BAX or SYK or BDX or ZBH?
Over the past 5 years, Stryker Corporation (SYK) delivered a total return of +21.
5%, compared to -74. 3% for Baxter International Inc. (BAX). Over 10 years, the gap is even starker: SYK returned +187. 1% versus BAX's -42. 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 — PHG or BAX or SYK or BDX or ZBH?
By beta (market sensitivity over 5 years), Stryker Corporation (SYK) is the lower-risk stock at 0.
55β versus Baxter International Inc. 's 1. 37β — meaning BAX is approximately 151% more volatile than SYK relative to the S&P 500. On balance sheet safety, Zimmer Biomet Holdings, Inc. (ZBH) carries a lower debt/equity ratio of 59% versus 164% for Baxter International Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — PHG or BAX or SYK or BDX or ZBH?
By revenue growth (latest reported year), Stryker Corporation (SYK) is pulling ahead at 11.
2% versus -1. 0% for Koninklijke Philips N. V. (PHG). On earnings-per-share growth, the picture is similar: Koninklijke Philips N. V. grew EPS 224. 0% year-over-year, compared to -37. 8% for Baxter International Inc.. Over a 3-year CAGR, SYK leads at 10. 8% 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 — PHG or BAX or SYK or BDX or ZBH?
Stryker Corporation (SYK) is the more profitable company, earning 12.
9% net margin versus -8. 5% for Baxter International Inc. — meaning it keeps 12. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SYK leads at 19. 5% versus -2. 7% for BAX. At the gross margin level — before operating expenses — SYK leads at 64. 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 PHG or BAX or SYK or BDX or ZBH 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, Becton, Dickinson and Company (BDX) is the more undervalued stock at a PEG of 0. 74x versus Stryker Corporation's 1. 32x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Baxter International Inc. (BAX) trades at 9. 2x forward P/E versus 19. 6x for Stryker Corporation — 10. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SYK: 37. 2% to $403. 69.
08Which pays a better dividend — PHG or BAX or SYK or BDX or ZBH?
All stocks in this comparison pay dividends.
Baxter International Inc. (BAX) offers the highest yield at 3. 9%, versus 1. 1% for Stryker Corporation (SYK).
09Is PHG or BAX or SYK or BDX or ZBH better for a retirement portfolio?
For long-horizon retirement investors, Stryker Corporation (SYK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
55), 1. 1% yield, +187. 1% 10Y return). Both have compounded well over 10 years (SYK: +187. 1%, BAX: -42. 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 PHG and BAX and SYK and BDX and ZBH?
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: PHG is a mid-cap quality compounder stock; BAX is a small-cap income-oriented stock; SYK is a mid-cap quality compounder stock; BDX is a mid-cap quality compounder stock; ZBH is a mid-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.
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