Last 48 quarters of trend data · Healthcare · Drug Manufacturers - Specialty & Generic
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has compressed 30.1% YoY to 6.7x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 13.31 | — | — | 3.43 | 4.16 | — | 8.06 | — | 64.54 | — | — | — | 27.89 |
| — | — | — | — | -93.6% | — | — | — | +131.4% | — | — | — | — | |
| P/S Ratio | 0.20 | 0.20 | 0.23 | 0.23 | 0.24 | 0.27 | 0.29 | 0.30 | 0.27 | 0.45 | 0.30 | 0.34 | 0.34 |
| — | -23.8% | -22.6% | -23.7% | -10.1% | -41.3% | -3.7% | -10.8% | -20.8% | +19.4% | +17.4% | +9.7% | -12.0% | |
| P/B Ratio | 5.71 | — | 6.84 | 6.81 | 16.90 | — | — | — | — | — | — | — | 14.36 |
| — | — | — | — | — | — | — | — | — | — | — | — | +19.8% | |
| P/FCF | 2.13 | 6.06 | 1.60 | 1.93 | 3.27 | 6.87 | 1.52 | 2.26 | 2.15 | 7.60 | 2.98 | 3.18 | 4.09 |
| — | -11.8% | +5.4% | -14.7% | +52.4% | -9.6% | -49.0% | -28.9% | -47.5% | +6.4% | +95.4% | — | -80.0% | |
| EV / EBITDA | 6.38 | 6.68 | 5.48 | 5.46 | 7.24 | 9.56 | 6.77 | 9.29 | 8.36 | 10.50 | 8.82 | 19.58 | 6.19 |
| — | -30.1% | -19.1% | -41.2% | -13.4% | -8.9% | -23.2% | -52.5% | +35.0% | -10.1% | -80.5% | +95.2% | -48.0% | |
| EV / EBIT | 9.91 | 10.47 | 7.69 | 7.79 | 12.10 | 19.55 | 9.86 | 10.93 | 13.88 | 21.10 | 12.02 | 12.49 | 11.82 |
| — | -46.5% | -22.0% | -28.7% | -12.8% | -7.3% | -17.9% | -12.4% | +17.4% | -17.0% | -8.5% | -18.7% | -44.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Bausch Health Companies Inc.'s operating margin was 20.6% in Q1 2026, down 5.1 pp QoQ and up 7.7 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 22.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 6.2% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 60.9% | 61.2% | 63.0% | 62.6% | 59.7% | 57.6% | 71.6% | 72.3% | 70.1% | 70.3% | 70.7% | 72.2% | 70.1% |
| — | +6.2% | -12.0% | -13.4% | -14.8% | -18.0% | +1.2% | +0.2% | +0.0% | +0.3% | +0.6% | +1.0% | -0.9% | |
| Operating Margin | 21.3% | 20.6% | 25.7% | 26.7% | 18.1% | 12.9% | 21.8% | 12.7% | 16.2% | 13.1% | 15.0% | 0.6% | 19.0% |
| — | +59.7% | +17.9% | +111.1% | +11.6% | -1.0% | +45.0% | +1925.1% | -14.9% | +45.0% | +239.7% | -94.8% | +132.3% | |
| Net Margin | 1.5% | -56.4% | -4.0% | 6.7% | 5.8% | -2.6% | 3.6% | -3.4% | 0.4% | -3.0% | -1.6% | -16.9% | 1.2% |
| — | -2095.9% | -210.2% | +297.2% | +1305.9% | +13.2% | +324.4% | +79.9% | -65.3% | +71.4% | +91.3% | -186.6% | +116.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 588.2% | — | -31.1% | 70.4% | 102.4% | — | — | — | — | — | — | — | 14.9% |
| — | — | — | — | — | — | — | — | — | — | — | — | +105.7% | |
| ROA | 0.6% | -5.5% | -0.4% | 0.7% | 0.6% | -0.2% | 0.4% | -0.3% | 0.0% | -0.2% | -0.1% | -1.6% | 0.1% |
| — | -2428.8% | -222.2% | +304.3% | +1399.5% | +7.0% | +344.6% | +80.4% | -67.8% | +70.1% | +90.9% | -211.4% | +123.0% | |
| ROIC | 8.2% | 2.0% | 2.7% | 2.6% | 1.7% | 1.1% | 2.1% | 1.2% | 1.4% | 1.0% | 1.3% | 0.1% | 1.7% |
| — | +83.7% | +32.0% | +129.5% | +24.6% | +9.5% | +62.2% | +1915.0% | -20.1% | +53.8% | +249.2% | -93.3% | +210.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Bausch Health Companies Inc.'s Debt/EBITDA ratio is 25.8x, up from 20.7x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 56.36 | — | 56.36 | 59.11 | 147.88 | — | — | — | — | — | — | — | 75.84 |
| — | — | — | — | — | — | — | — | — | — | — | — | -12.0% | |
| Debt / EBITDA | 6.14 | 25.84 | 20.70 | 20.78 | 27.97 | 36.14 | 24.99 | 33.60 | 30.64 | 36.73 | 32.40 | 71.21 | 21.34 |
| — | -28.5% | -17.2% | -38.2% | -8.7% | -1.6% | -22.9% | -52.8% | +43.6% | -12.1% | -80.7% | +94.3% | -50.3% | |
| Current Ratio | 1.47 | 1.32 | 1.47 | 1.30 | 1.31 | 1.35 | 0.86 | 1.19 | 1.19 | 1.22 | 1.30 | 1.20 | 1.12 |
| — | -2.0% | +72.2% | +9.8% | +9.8% | +9.9% | -34.3% | -0.6% | +6.1% | +13.4% | +20.7% | +14.2% | +3.7% | |
| Quick Ratio | 1.08 | 0.97 | 1.08 | 0.97 | 0.98 | 0.97 | 0.62 | 0.82 | 0.82 | 0.85 | 0.94 | 0.89 | 0.81 |
| — | -0.2% | +75.0% | +18.3% | +18.6% | +13.4% | -34.3% | -8.2% | +1.5% | +11.1% | +17.6% | +15.9% | -6.6% | |
| Interest Coverage | 1.35 | 1.30 | 1.80 | 1.73 | 0.98 | 0.88 | 1.76 | 1.57 | 1.22 | 0.84 | 1.40 | 1.46 | 1.19 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Bausch Health Companies Inc.'s current P/E is 13.3x. The average P/E over the last 2 quarters is 3.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Bausch Health Companies Inc.'s current operating margin is 21.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Bausch Health Companies Inc.'s business trajectory between earnings reports.