Industry

Diagnostics & Research stocks

28 Diagnostics & Research companies have a page on Investingly, worth $881.3B together. The largest is Thermo Fisher Scientific (TMO) at $245.5B.

The median company trades at 38.9 times earnings, keeps 10.7% of revenue as operating profit and grew revenue 11.0% over the last year.

Waters grew revenue fastest (+113%); IDEXX Laboratories has the widest operating margin (32%); 6 of them pay a dividend (median yield 0.6%).

Companies28
Total market cap$881.3B
Median P/E38.9x
Median operating margin10.7%
Median revenue growth+11.0%
Median dividend yield0.6%

Diagnostics & Research companies, largest first

#CompanyMarket capP/EP/FCFRevenue growthOperating marginROEDividend yield
1 Thermo Fisher Scientific IncTMO $245.5B36.3x39.0x+10.5%17.6%13.2%0.27%
2 Danaher CorporationDHR $151.8B41.6x28.9x+5.5%20.4%7.6%0.64%
3 Natera IncNTRA $57.6B—527.9x+37.7%-10.7%-10.6%—
4 Agilent Technologies IncA $47.8B37.2x41.4x+8.1%22.2%19.6%0.60%
5 Waters CorporationWAT $42.6B108.7x78.9x+113.3%7.1%1.1%—
6 IQVIA Holdings IncIQV $42.3B31.5x20.7x+8.4%13.2%22.3%—
7 IDEXX Laboratories IncIDXX $42.2B39.3x40.1x+9.7%32.0%70.7%—
8 Illumina IncILMN $41.1B49.4x44.2x+9.4%19.6%29.1%—
9 Mettler-Toledo International IncMTD $33.4B38.9x39.4x+4.5%—7062.4%—
10 Laboratory Corporation of America HoldingsLH $25.9B28.0x21.5x+5.8%10.4%11.7%0.92%
11 Quest Diagnostics IncorporatedDGX $25.0B25.0x18.4x+10.2%14.1%14.1%1.5%
12 Guardant Health IncGH $22.1B——+44.3%-39.8%——
13 Medpace Holdings IncMEDP $17.3B38.2x25.4x+17.2%21.0%113.3%—
14 Revvity Inc.RVTY $17.3B74.5x34.0x+1.3%12.3%3.3%0.18%
15 ICON PLCICLR $12.4B21.4x11.0x+1.2%3.6%0.45%—
16 Twist Bioscience CorpTWST $9.8B——+23.2%-33.6%-30.7%—
17 Qiagen NVQGEN $9.8B23.4x21.6x+5.7%22.3%11.2%—
18 GRAIL, LLCGRAL $6.6B——+25.7%-338.4%-15.4%—
19 RadNet IncRDNT $5.7B—67.0x+25.0%3.1%-1.9%—
20 Sotera Health CoSHC $5.1B43.3x34.0x+9.2%—24.6%—
21 BillionToOne, Inc. Class A Common StockBLLN $4.3B172.7x273.0x+64.4%10.9%7.0%—
22 Veracyte IncVCYT $4.3B49.5x33.7x+15.5%18.8%8.2%—
23 Adaptive Biotechnologies CorpADPT $4.1B——+21.5%-12.2%-44.7%—
24 CareDx IncCDNA $3.2B—89.9x+52.2%23.6%26.1%—
25 GeneDx Holdings Corp.WGS $2.4B—170.3x+11.4%-20.3%-43.5%—
26 Castle Biosciences IncCSTL $1.1B—38.8x+20.1%-9.0%-4.1%—
27 Biodesix IncBDSX $255M——+34.2%-20.0%-303.6%—
28 Burning Rock Biotech LtdBNR $166M——+4.6%-10.2%-10.3%—

Medians use companies with a value for that measure; P/E only counts companies with positive earnings. Every company links to its page with the reverse DCF, insider buying and 13F holders.

Questions

What are the largest Diagnostics & Research stocks?

By market value: Thermo Fisher Scientific (TMO), Danaher (DHR), Natera (NTRA), Agilent Technologies (A), Waters (WAT).

What is the average P/E ratio of Diagnostics & Research stocks?

The median Diagnostics & Research company on Investingly trades at 38.9 times trailing earnings (companies with positive earnings only).

How many Diagnostics & Research stocks pay a dividend?

6 of 28, with a median yield of 0.6%.

Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.