BLCO Bausch + Lomb Corporation Common Shares
NYSE · Health Care · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 29, 2026
$17.11
· of 52w range
· above low
· to high
$13.7752w low
$18.9252w high
Market Cap (MRQ)
$6.11B
P/E (TTM)
-35.6
EPS (TTM)
$-0.48
Revenue (TTM)
$5.32B
your badges
52W Range
$14–$19
Analyst Rating
BUY
Price Target
$19
P/E
-35.6
ROE
-2.7%
Net Profit Margin
-3.2%
Your badge strip is empty — pin a metric anywhere on this page.
BLCO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$17.11
Market Cap (MRQ)
$6.11B
P/E (TTM)
-35.6
EPS (TTM)
$-0.48
Revenue (TTM)
$5.32B
ROE (TTM)
-2.7%
Debt/Equity (MRQ)
0.8
52W Range
$14–$19
BLCO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$5.10B2020-12-31 → 2025-12-31
EPS$-1.022020-12-31 → 2025-12-31
Free Cash Flow$-66M2022-12-31 → 2025-12-31
Net margin-3.2%2022-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | BLCO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | -35.65Y avg ≈178.9 | ≈178.9 | · | · | |
| P/S (TTM) | 1.15Y avg ≈1.3 | ≈1.3 | · | · | |
| P/B (MRQ) | 1.05Y avg ≈0.9 | ≈0.9 | · | · | |
| EV / EBITDA | 95.25Y avg ≈69.2 | ≈69.2 | · | · | |
| Price / FCF (TTM) | 44.65Y avg ≈-49.5 | ≈-49.5 | · | · | |
| Price / Cash Flow (TTM) | 13.35Y avg ≈-71.9 | ≈-71.9 | · | · | |
| EV / Revenue | 2.15Y avg ≈2.2 | ≈2.2 | · | · | |
| EV / FCF | -163.15Y avg ≈-88.4 | ≈-88.4 | · | · | |
| Price / Tangible Book (MRQ) | 1.9 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | BLCO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 6.1%5Y avg ≈3.6% | ≈3.6% | · | · | |
| EBITDA Margin | 2.2%5Y avg ≈3.6% | ≈3.6% | · | · | |
| Pretax Margin (TTM) | -1.2%5Y avg ≈-3.3% | ≈-3.3% | · | · | |
| Net Profit Margin (TTM) | -3.2%5Y avg ≈-4.9% | ≈-4.9% | · | · | |
| ROA (TTM) | -1.2%5Y avg ≈-1.8% | ≈-1.8% | · | · | |
| ROE (TTM) | -2.7%5Y avg ≈-3.5% | ≈-3.5% | · | · | |
| ROIC | 1.1%5Y avg ≈1.3% | ≈1.3% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | BLCO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.85Y avg ≈0.6 | ≈0.6 | · | · | |
| Current Ratio (MRQ) | 1.55Y avg ≈1.6 | ≈1.6 | · | · | |
| Quick Ratio | 0.85Y avg ≈0.8 | ≈0.8 | · | · | |
| Long-Term Debt / Equity (MRQ) | 0.85Y avg ≈0.6 | ≈0.6 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | BLCO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 6.5%5Y avg ≈8.5% | ≈8.5% | · | · | |
| Revenue CAGR 3Y | 10.6%5Y avg ≈8.6% | ≈8.6% | · | · | |
| Revenue CAGR 5Y | 8.4% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | BLCO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.45Y avg ≈0.4 | ≈0.4 | · | · | |
| Receivables Turnover | 4.55Y avg ≈5.0 | ≈5.0 | · | · | |
| Revenue / Employee | ≈$392.4K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-53.6%
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | $0.16 | $0.16 | 2.5% | |
| March 31, 2026 | $0.08 | $0.06 | 36.5% | |
| Dec. 31, 2025 | $0.32 | $0.36 | -10.8% | |
| Sept. 30, 2025 | $0.18 | $0.17 | 8.5% | |
| June 30, 2025 | $0.07 | $0.07 | 1.7% | |
| March 31, 2025 | $-0.07 | $0.03 | -360.2% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.10B | $4.79B | $4.15B | $3.77B | $3.77B | $3.41B | |
| SG&A Expense | $2.23B | $2.08B | $1.74B | $1.48B | $1.39B | $1.25B | |
| Operating Expenses | $4.99B | $4.63B | $4.02B | $3.56B | $3.44B | $3.15B | |
| Operating Income | $113M | $162M | $130M | $207M | $329M | $260M | |
| Interest Income | $12M | $15M | $15M | $6M | $0 | $3M | |
| Other Non-op | · | · | $-74M | $-13M | $-17M | $-38M | |
| Pretax Income | $-317M | $-234M | $-166M | $73M | $318M | $290M | |
| Income Tax | $35M | $71M | $82M | $58M | $125M | $307M | |
| Net Income | $-360M | $-317M | $-260M | $6M | $182M | $-18M | |
| EPS (Basic) | $-1.02 | $-0.90 | $-0.74 | $0.02 | $0.52 | $-0.05 | |
| EPS (Diluted) | $-1.02 | $-0.90 | $-0.74 | $0.02 | $0.52 | $-0.05 | |
| Shares (Basic) | 353,800,000 | 351,800,000 | 350,500,000 | 350,000,000 | 350,000,000 | 350,000,000 | |
| Shares (Diluted) | 353,800,000 | 351,800,000 | 350,500,000 | 350,200,000 | 350,000,000 | 350,000,000 | |
| EBITDA | $113M | $162M | $130M | $207M | · | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $383M | $305M | $331M | $354M | $174M | · | |
| Receivables | $1.22B | $1.03B | $839M | $724M | $721M | · | |
| Inventory | $976M | $1.04B | $1.03B | $628M | $572M | · | |
| Prepaid Expense | $383M | $410M | $541M | $405M | $165M | · | |
| Current Assets | $2.98B | $2.79B | $2.74B | $2.14B | $1.64B | · | |
| PP&E (Net) | $1.76B | $1.49B | $1.39B | $1.30B | $1.23B | · | |
| PP&E (Gross) | $3.66B | $3.17B | $3.02B | $2.81B | $2.55B | · | |
| Accum. Depreciation | $1.90B | $1.68B | $1.63B | $1.51B | $1.32B | · | |
| Goodwill | $4.76B | $4.52B | $4.58B | $4.51B | $4.59B | $4.68B | |
| Intangibles | $3.28B | $3.49B | $3.59B | $2.06B | $2.26B | · | |
| Other Non-current Assets | $310M | $294M | $225M | $215M | $180M | · | |
| Total Assets | $14.02B | $13.47B | $13.44B | $11.14B | $10.82B | · | |
| Accounts Payable | $388M | $389M | $522M | $370M | $239M | · | |
| Accrued Liabilities | $1.49B | $1.31B | $1.03B | $901M | $860M | · | |
| Current Liabilities | $1.92B | $1.74B | $1.58B | $1.30B | $1.10B | · | |
| Capital Leases | $125M | $120M | $87M | $92M | $92M | · | |
| Deferred Tax | $19M | $13M | $14M | $7M | $24M | · | |
| Other Non-current Liabilities | $521M | $430M | $397M | $329M | $298M | · | |
| Total Liabilities | $7.50B | $6.92B | $6.52B | $4.04B | $1.42B | · | |
| Long-term Debt | $5.05B | $4.78B | $4.56B | $2.44B | $0 | · | |
| Total Debt | $5.05B | $4.78B | $4.56B | $2.44B | · | · | |
| Common Stock | $0 | $0 | $0 | $0 | $0 | · | |
| Retained Earnings | $-931M | $-571M | $-254M | $6M | $0 | · | |
| AOCI | $-1.18B | $-1.39B | $-1.25B | $-1.26B | $-1.03B | · | |
| Stockholders' Equity | $6.45B | $6.47B | $6.85B | $7.03B | $9.33B | · | |
| Liabilities + Equity | $14.02B | $13.47B | $13.44B | $11.14B | $10.82B | · | |
| Shares Outstanding | 354,209,319 | 352,400,000 | 350,900,000 | 350,000,000 | 0 | 0 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| D&A | $421M | $436M | $382M | $379M | $415M | $442M | |
| Stock-based Comp | $149M | $92M | $74M | $62M | $62M | $50M | |
| Deferred Tax | $-35M | $-4M | $11M | $-13M | $-74M | $152M | |
| Restructuring | $58M | $26M | $44M | $14M | $2M | $2M | |
| Operating Cash Flow | $283M | $232M | $-17M | $345M | $873M | $522M | |
| CapEx | $349M | $291M | $181M | $175M | $193M | $253M | |
| Investing Cash Flow | $-455M | $-412M | $-2.11B | $-215M | $-214M | $-256M | |
| Debt Issued | $3.36B | $631M | $2.28B | $2.44B | $0 | $0 | |
| Net Debt Issued | $261M | $201M | $2.12B | $2.43B | · | · | |
| Financing Cash Flow | $225M | $178M | $2.08B | $81M | $-712M | $-232M | |
| Net Change in Cash | $81M | $-18M | $-46M | $203M | $-61M | $46M | |
| Taxes Paid | $59M | $91M | $64M | · | · | · | |
| Free Cash Flow | $-66M | $-59M | $-198M | $170M | · | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Operating Margin | 2.2% | 3.4% | 3.1% | 5.5% | · | · | |
| Net Margin | -7.1% | -6.6% | -6.3% | 0.16% | · | · | |
| Pretax Margin | -6.2% | -4.9% | -4.0% | 1.9% | · | · | |
| EBITDA Margin | 2.2% | 3.4% | 3.1% | 5.5% | · | · | |
| ROA | -2.6% | -2.4% | -2.1% | 0.05% | · | · | |
| ROE | -5.6% | -4.8% | -3.8% | 0.07% | · | · | |
| ROIC | 1.1% | 1.9% | 1.7% | 0.45% | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.6 | 1.6 | 1.7 | 1.6 | · | · | |
| Quick Ratio | 0.8 | 0.8 | 0.7 | 0.8 | · | · | |
| Debt / Equity | 0.8 | 0.7 | 0.7 | 0.3 | · | · | |
| LT Debt / Equity | 0.8 | 0.7 | 0.7 | 0.3 | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | 0.3 | 0.3 | · | · | |
| Receivables Turnover | 4.5 | 5.1 | 5.3 | 5.2 | · | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Book Value / Share | $18.20 | $18.37 | $19.52 | $20.09 | · | · | |
| Revenue / Share | $14.42 | $13.62 | $11.83 | $10.77 | · | · | |
| Cash Flow / Share | $0.80 | $0.66 | $-0.05 | $0.99 | · | · | |
| Cash / Share | $1.08 | $0.87 | $0.94 | $1.01 | · | · | |
| EPS (TTM) | $-1.02 | $-0.90 | $-0.74 | $0.02 | · | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | 6.5% | 15.6% | 10.0% | 0.08% | 10.3% | · | |
| Revenue CAGR 3Y | 10.6% | 8.4% | 6.7% | · | · | · | |
| Revenue CAGR 5Y | 8.4% | · | · | · | · | · | |
| EPS YoY | · | · | · | -96.2% | · | · | |
| Net Income YoY | · | · | · | -96.7% | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $5.10B | $4.79B | $4.15B | $3.77B | · | · | |
| Net Income TTM | $-360M | $-317M | $-260M | $6M | · | · | |
| Market Cap | $6.05B | $6.36B | $5.99B | $5.43B | · | · | |
| Enterprise Value | $10.71B | $10.84B | $10.22B | $7.51B | · | · | |
| P/E | -16.7 | -20.1 | -23.1 | 775.5 | · | · | |
| P/S | 1.2 | 1.3 | 1.4 | 1.4 | · | · | |
| P/B | 0.9 | 1.0 | 0.9 | 0.8 | · | · | |
| P / Tangible Book | · | · | · | 11.6 | · | · | |
| P / Cash Flow | 21.4 | 27.4 | -352.2 | 15.7 | · | · | |
| P / FCF | -91.7 | -107.9 | -30.2 | 31.9 | · | · | |
| EV / EBITDA | 94.8 | 66.9 | 78.6 | 36.3 | · | · | |
| EV / FCF | -162.3 | -183.8 | -51.6 | 44.2 | · | · | |
| EV / Revenue | 2.1 | 2.3 | 2.5 | 2.0 | · | · | |
| Earnings Yield | -6.0% | -5.0% | -4.3% | 0.13% | · | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.24B | $1.41B | $1.28B | $1.28B | $1.14B | $1.28B | $1.20B | $1.22B | $1.10B | $1.17B | $1.01B | $1.03B | $931M | $996M | $942M | |
| SG&A Expense | $588M | $544M | $564M | $528M | $579M | $563M | $532M | $511M | $535M | $504M | $483M | $418M | $417M | $418M | $386M | $381M | |
| Operating Expenses | $1.31B | $1.21B | $1.29B | $1.19B | $1.29B | $1.22B | $1.19B | $1.15B | $1.19B | $1.09B | $1.12B | $967M | $992M | $933M | $945M | $896M | |
| Operating Income | $83M | $33M | $112M | $95M | $-11M | $-83M | $87M | $43M | $26M | $6M | $49M | $40M | $43M | $-2M | $51M | $46M | |
| Interest Income | $4M | $4M | $3M | $3M | $3M | $3M | $5M | $4M | $3M | $3M | $3M | $4M | $5M | $3M | $3M | $2M | |
| Other Non-op | · | · | · | · | · | · | · | · | · | $-9M | · | $-28M | $-17M | $-9M | · | $-7M | |
| Pretax Income | $-11M | $-64M | $13M | $-3M | $-147M | $-180M | $-10M | $-58M | $-76M | $-90M | $-57M | $-35M | $-19M | $-55M | $-2M | $19M | |
| Income Tax | $-1M | $6M | $71M | $22M | $-89M | $31M | $-8M | $-66M | $72M | $73M | $-6M | $45M | $10M | $33M | $-2M | $34M | |
| Net Income | $-14M | $-71M | $-58M | $-28M | $-62M | $-212M | $-3M | $4M | $-151M | $-167M | $-54M | $-84M | $-32M | $-90M | $-1M | $-18M | |
| EPS (Basic) | $-0.04 | $-0.20 | $-0.16 | $-0.08 | $-0.18 | $-0.60 | $0.00 | $0.01 | $-0.43 | $-0.48 | $-0.15 | $-0.24 | $-0.09 | $-0.26 | $0.00 | $-0.05 | |
| EPS (Diluted) | $-0.04 | $-0.20 | $-0.16 | $-0.08 | $-0.18 | $-0.60 | $0.00 | $0.01 | $-0.43 | $-0.48 | $-0.15 | $-0.24 | $-0.09 | $-0.26 | $0.00 | $-0.05 | |
| Shares (Basic) | 357,100,000 | 355,200,000 | · | 354,200,000 | 353,700,000 | 352,800,000 | · | 351,900,000 | 351,800,000 | 351,100,000 | · | 350,800,000 | 350,500,000 | 350,000,000 | · | 350,000,000 | |
| Shares (Diluted) | 357,100,000 | 355,200,000 | · | 354,200,000 | 353,700,000 | 352,800,000 | · | 353,900,000 | 351,800,000 | 351,100,000 | · | 350,800,000 | 350,500,000 | 350,000,000 | · | 350,000,000 | |
| EBITDA | $83M | $33M | · | $95M | $-11M | $-83M | · | $43M | $26M | $6M | · | $40M | $43M | $-2M | · | $46M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $367M | $268M | $383M | $310M | $266M | $202M | $305M | $329M | $285M | $315M | · | $355M | $384M | $346M | · | $287M | |
| Receivables | $1.16B | $1.11B | $1.22B | $1.09B | $1.08B | $1.01B | $1.03B | $943M | $986M | $920M | · | $783M | $791M | $714M | · | $685M | |
| Inventory | $999M | $977M | $976M | $1.00B | $1.05B | $1.03B | $1.04B | $1.12B | $1.07B | $1.07B | · | $754M | $699M | $697M | · | $605M | |
| Prepaid Expense | $385M | $414M | $383M | $429M | $439M | $441M | $410M | $416M | $412M | $425M | · | $567M | $433M | $415M | · | $272M | |
| Current Assets | $2.92B | $2.78B | $2.98B | $2.85B | $2.85B | $2.69B | $2.79B | $2.83B | $2.77B | $2.74B | · | $2.46B | $2.31B | $2.18B | · | $1.86B | |
| PP&E (Net) | $1.80B | $1.79B | $1.76B | $1.71B | $1.68B | $1.58B | $1.49B | $1.48B | $1.43B | $1.40B | · | $1.28B | $1.29B | $1.30B | · | $1.22B | |
| PP&E (Gross) | · | · | $3.66B | · | · | · | $3.17B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $1.90B | · | · | · | $1.68B | · | · | · | · | · | · | · | · | · | |
| Goodwill | $4.72B | $4.74B | $4.76B | $4.66B | $4.67B | $4.57B | $4.52B | $4.58B | $4.54B | $4.55B | $4.58B | $4.53B | $4.54B | $4.52B | $4.51B | $4.42B | |
| Intangibles | $3.17B | $3.23B | $3.28B | $3.33B | $3.36B | $3.43B | $3.49B | $3.38B | $3.44B | $3.52B | · | $3.66B | $2.02B | $2.03B | · | $2.07B | |
| Other Non-current Assets | $294M | $302M | $310M | $303M | $305M | $295M | $294M | $310M | $249M | $231M | · | $212M | $207M | $213M | · | $228M | |
| Total Assets | $13.86B | $13.78B | $14.02B | $13.83B | $13.83B | $13.43B | $13.47B | $13.52B | $13.25B | $13.29B | · | $13.07B | $11.31B | $11.17B | · | $10.70B | |
| Accounts Payable | $426M | $407M | $388M | $395M | $449M | $427M | $389M | $455M | $405M | $426M | · | $364M | $348M | $389M | · | $295M | |
| Accrued Liabilities | $1.42B | $1.37B | $1.49B | $1.47B | $1.36B | $1.26B | $1.31B | $1.32B | $1.24B | $1.16B | · | $992M | $952M | $840M | · | $879M | |
| Current Liabilities | $1.89B | $1.82B | $1.92B | $1.90B | $1.84B | $1.73B | $1.74B | $1.80B | $1.68B | $1.62B | · | $1.39B | $1.32B | $1.25B | · | $1.20B | |
| Capital Leases | · | · | $125M | · | · | · | $120M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $18M | $19M | $19M | $14M | $14M | $13M | $13M | $12M | $14M | $14M | · | $11M | $14M | $14M | · | $10M | |
| Other Non-current Liabilities | $435M | $458M | $521M | $500M | $539M | $467M | $430M | $442M | $378M | $379M | · | $353M | $342M | $341M | · | $279M | |
| Total Liabilities | $7.42B | $7.33B | $7.50B | $7.33B | $7.32B | $7.00B | $6.92B | $6.85B | $6.67B | $6.56B | · | $6.18B | $4.29B | $4.12B | · | $3.90B | |
| Long-term Debt | $5.08B | $5.04B | $5.05B | $4.95B | $4.96B | $4.83B | $4.78B | $4.63B | $4.63B | $4.58B | · | $4.46B | $2.63B | $2.53B | · | $2.44B | |
| Total Debt | $5.08B | $5.04B | · | $4.95B | $4.96B | $4.83B | · | $4.63B | $4.63B | $4.58B | · | $4.46B | $2.63B | $2.53B | · | $2.44B | |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $0 | |
| Retained Earnings | $-1.02B | $-1.00B | $-931M | $-873M | $-845M | $-783M | $-571M | $-568M | $-572M | $-421M | · | $-200M | $-116M | $-84M | · | $7M | |
| AOCI | $-1.22B | $-1.20B | $-1.18B | $-1.20B | $-1.19B | $-1.30B | $-1.39B | $-1.25B | $-1.31B | $-1.28B | · | $-1.32B | $-1.25B | $-1.24B | · | $-1.39B | |
| Stockholders' Equity | $6.38B | $6.38B | $6.45B | $6.43B | $6.44B | $6.36B | $6.47B | $6.59B | $6.50B | $6.66B | · | $6.82B | $6.96B | $6.98B | · | $6.73B | |
| Liabilities + Equity | $13.86B | $13.78B | $14.02B | $13.83B | $13.83B | $13.43B | $13.47B | $13.52B | $13.25B | $13.29B | · | $13.07B | $11.31B | $11.17B | · | $10.70B | |
| Shares Outstanding | 357,057,005 | 356,396,595 | 354,209,319 | 354,088,499 | 353,803,959 | 353,364,741 | 352,402,374 | 352,077,427 | 351,834,173 | 351,401,653 | 350,900,000 | 350,824,535 | 350,527,323 | 350,169,790 | 350,000,000 | 350,000,749 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $102M | $101M | $99M | $109M | $107M | $106M | $106M | $110M | $110M | $110M | $116M | $82M | $93M | $91M | $93M | $93M | |
| Stock-based Comp | $38M | $34M | $64M | $27M | $30M | $28M | $27M | $24M | $22M | $19M | $16M | $16M | $18M | $24M | $17M | $18M | |
| Restructuring | $4M | $8M | $15M | $11M | $31M | $1M | $6M | $3M | $6M | $11M | $11M | $11M | $14M | $8M | $3M | $5M | |
| Operating Cash Flow | $153M | $32M | $136M | $137M | $35M | $-25M | $22M | $154M | $15M | $41M | $15M | $48M | $-24M | $-56M | $159M | $27M | |
| CapEx | $71M | $100M | $76M | $74M | $89M | $110M | $92M | $60M | $72M | $67M | $84M | $33M | $27M | $37M | $50M | $49M | |
| Investing Cash Flow | $-87M | $-130M | $-188M | $-61M | $-90M | $-116M | $-185M | $-96M | $-74M | $-57M | $-135M | $-1.88B | $-28M | $-64M | $-90M | $-49M | |
| Debt Issued | $84M | $2.80B | $136M | $0 | $3.17B | $50M | $506M | $0 | $50M | $75M | $96M | $1.98B | $100M | $100M | $0 | $0 | |
| Net Debt Issued | · | $-3M | · | · | · | $40M | · | · | · | $17M | · | · | · | $94M | · | · | |
| Financing Cash Flow | $34M | $-20M | $116M | $-12M | $90M | $31M | $146M | $-20M | $40M | $12M | $86M | $1.81B | $90M | $91M | $-7M | $-109M | |
| Net Change in Cash | $99M | $-118M | $65M | $60M | $57M | $-101M | $-34M | $48M | $-23M | $-9M | $-26M | $-32M | $34M | $-22M | $83M | $-149M | |
| Free Cash Flow | · | $-68M | · | · | · | $-135M | · | · | · | $-26M | · | · | · | $-93M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 5.9% | 2.6% | · | 7.4% | -0.86% | -7.3% | · | 3.6% | 2.1% | 0.55% | · | 4.0% | 4.2% | -0.21% | · | 4.9% | |
| Net Margin | -1.0% | -5.7% | · | -2.2% | -4.9% | -18.6% | · | 0.33% | -12.4% | -15.2% | · | -8.3% | -3.1% | -9.7% | · | -1.9% | |
| Pretax Margin | -0.79% | -5.1% | · | -0.23% | -11.5% | -15.8% | · | -4.9% | -6.2% | -8.2% | · | -3.5% | -1.8% | -5.9% | · | 2.0% | |
| EBITDA Margin | 5.9% | 2.6% | · | 7.4% | -0.86% | -7.3% | · | 3.6% | 2.1% | 0.55% | · | 4.0% | 4.2% | -0.21% | · | 4.9% | |
| ROA | -0.10% | -0.52% | · | -0.20% | -0.46% | -1.6% | · | 0.03% | -1.2% | -1.4% | · | -0.71% | -0.29% | -0.82% | · | -0.34% | |
| ROE | -0.22% | -1.1% | · | -0.43% | -0.96% | -3.3% | · | 0.06% | -2.2% | -2.5% | · | -1.2% | -0.46% | -1.3% | · | -0.53% | |
| ROIC | 0.66% | 0.32% | · | 7.0% | -0.04% | -0.87% | · | -0.05% | 0.45% | 0.10% | · | 0.81% | 0.68% | -0.03% | · | -0.40% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.5 | 1.5 | · | 1.5 | 1.5 | 1.6 | · | 1.6 | 1.7 | 1.7 | · | 1.8 | 1.7 | 1.7 | · | 1.6 | |
| Quick Ratio | 0.8 | 0.8 | · | 0.7 | 0.7 | 0.7 | · | 0.7 | 0.8 | 0.8 | · | 0.8 | 0.9 | 0.8 | · | 0.8 | |
| Debt / Equity | 0.8 | 0.8 | · | 0.8 | 0.8 | 0.8 | · | 0.7 | 0.7 | 0.7 | · | 0.7 | 0.4 | 0.4 | · | 0.4 | |
| LT Debt / Equity | 0.8 | 0.8 | · | 0.8 | 0.8 | 0.8 | · | 0.7 | 0.7 | 0.7 | · | 0.7 | 0.4 | 0.4 | · | 0.4 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.2 | |
| Receivables Turnover | 1.2 | 1.2 | · | 1.3 | 1.2 | 1.2 | · | 1.4 | 1.4 | 1.3 | · | 1.4 | 1.4 | 1.3 | · | 2.8 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $17.86 | $17.90 | · | $18.16 | $18.20 | $18.00 | · | $18.71 | $18.49 | $18.95 | · | $19.43 | $19.85 | $19.94 | · | $19.23 | |
| Revenue / Share | $3.90 | $3.50 | · | $3.62 | $3.61 | $3.22 | · | $3.38 | $3.46 | $3.13 | · | $2.87 | $2.96 | $2.66 | · | $2.69 | |
| Cash Flow / Share | · | $0.09 | · | · | · | $-0.07 | · | · | · | $0.12 | · | · | · | $-0.16 | · | · | |
| Cash / Share | $1.03 | $0.75 | · | $0.88 | $0.75 | $0.57 | · | $0.93 | $0.81 | $0.90 | · | $1.01 | $1.10 | $0.99 | · | $0.82 | |
| EPS (TTM) | $-0.48 | $-0.62 | · | $-0.86 | $-0.77 | $-1.02 | · | $-1.05 | $-1.30 | $-0.96 | · | $-0.59 | $-0.40 | $-0.30 | · | $0.16 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $5.32B | $5.21B | · | $4.98B | $4.89B | $4.83B | · | $4.68B | $4.50B | $4.31B | · | $3.97B | $3.90B | $3.81B | · | $3.77B | |
| Net Income TTM | $-171M | $-219M | · | $-305M | $-273M | $-362M | · | $-368M | $-456M | $-337M | · | $-207M | $-141M | $-104M | · | $58M | |
| Market Cap | $5.91B | $5.67B | · | $5.34B | $4.60B | $5.12B | · | $6.79B | $5.11B | $6.08B | · | $5.95B | $7.04B | $6.10B | · | $5.37B | |
| Enterprise Value | $10.62B | $10.44B | · | $9.98B | $9.30B | $9.75B | · | $11.09B | $9.46B | $10.35B | · | $10.06B | $9.28B | $8.28B | · | $7.52B | |
| P/E | -34.5 | -25.6 | · | -17.5 | -16.9 | -14.2 | · | -18.4 | -11.2 | -18.0 | · | -28.7 | -50.2 | -58.0 | · | 95.9 | |
| P/S | 1.1 | 1.1 | · | 1.1 | 0.9 | 1.1 | · | 1.4 | 1.1 | 1.4 | · | 1.5 | 1.8 | 1.6 | · | 1.4 | |
| P/B | 0.9 | 0.9 | · | 0.8 | 0.7 | 0.8 | · | 1.0 | 0.8 | 0.9 | · | 0.9 | 1.0 | 0.9 | · | 0.8 | |
| P / Tangible Book | · | · | · | · | · | · | · | · | · | · | · | · | 17.7 | 14.2 | · | 21.8 | |
| P / Cash Flow | · | 177.1 | · | · | · | -205.0 | · | · | · | 148.3 | · | · | · | -108.9 | · | · | |
| EV / Revenue | 2.0 | 2.0 | · | 2.0 | 1.9 | 2.0 | · | 2.4 | 2.1 | 2.4 | · | 2.5 | 2.4 | 2.2 | · | 2.0 | |
| Earnings Yield | -2.9% | -3.9% | · | -5.7% | -5.9% | -7.0% | · | -5.4% | -8.9% | -5.5% | · | -3.5% | -2.0% | -1.7% | · | 1.0% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $5.10B | $4.79B | $4.15B | $3.77B | $3.77B |
| Operating Margin % | 2.2% | 3.4% | 3.1% | 5.5% | · |
| Net Income | $-360M | $-317M | $-260M | $6M | $182M |
| Diluted EPS | $-1.02 | $-0.90 | $-0.74 | $0.02 | $0.52 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.8 | 0.7 | 0.7 | 0.3 | · |
| Current Ratio | 1.6 | 1.6 | 1.7 | 1.6 | · |
| Quick Ratio | 0.8 | 0.8 | 0.7 | 0.8 | · |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-66M | $-59M | $-198M | $170M | · |
Institutional owners (13F) 111 filers · $601.2M total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
111
Value held
$601.2M
New positions
23
Exited positions
15
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 23 (+3 vs prior Q) | 15 (-6 vs prior Q) | 32 (+1 vs prior Q) | 28 (0 vs prior Q) | +2.6M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| ICAHN CARL C | $57,960,000 | 3,500,000 | 9.64% | Shares |
| OAKTREE CAPITAL MANAGEMENT LP | $56,983,655 | 3,441,042 | 9.48% | Shares |
| DEUTSCHE BANK AG\ | $56,685,642 | 3,423,046 | 9.43% | Shares |
| D. E. Shaw & Co., Inc. | $55,029,228 | 3,323,021 | 9.15% | Shares |
| Davidson Kempner Capital Management LP | $52,312,576 | 3,158,972 | 8.70% | Shares |
| GOLDENTREE ASSET MANAGEMENT LP | $43,961,788 | 2,660,508 | 7.31% | Shares |
| CASPIAN CAPITAL LP | $33,104,152 | 1,999,043 | 5.51% | Shares |
| GLENVIEW CAPITAL MANAGEMENT, LLC | $31,764,531 | 1,918,148 | 5.28% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $22,597,349 | 1,364,980 | 3.76% | Shares |
| CITADEL ADVISORS LLC | $16,356,809 | 987,730 | 2.72% | Shares |
| CLARK ESTATES INC/NY | $14,589,360 | 881,000 | 2.43% | Shares |
| MORGAN STANLEY | $11,647,442 | 703,348 | 1.94% | Shares |
| Clearline Capital LP | $11,624,574 | 701,967 | 1.93% | Shares |
| WHITEBOX ADVISORS LLC | $11,376,323 | 686,976 | 1.89% | Shares |
| GordonMD Global Investments LP | $9,496,696 | 573,472 | 1.58% | Shares |
| TUDOR INVESTMENT CORP ET AL | $8,810,417 | 532,030 | 1.47% | Shares |
| UBS Group AG | $7,703,662 | 465,197 | 1.28% | Shares |
| GOLDMAN SACHS GROUP INC | $6,958,413 | 420,194 | 1.16% | Shares |
| SONA ASSET MANAGEMENT (US) LLC | $6,694,861 | 404,279 | 1.11% | Shares |
| Woodline Partners LP | $6,406,667 | 386,876 | 1.07% | Shares |
| Trexquant Investment LP | $5,394,685 | 325,766 | 0.90% | Shares |
| GABELLI FUNDS LLC | $4,711,320 | 284,500 | 0.78% | Shares |
| NOMURA HOLDINGS INC | $4,238,979 | 255,977 | 0.71% | Shares |
| SHENKMAN CAPITAL MANAGEMENT INC | $3,605,406 | 205,665 | 0.60% | Shares |
| Ballast Asset Management, LP | $3,599,610 | 217,470 | 0.60% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $3,012,695 | 181,926 | 0.50% | Shares |
| JANE STREET GROUP, LLC | $3,005,971 | 181,520 | 0.50% | Shares |
| MILLENNIUM MANAGEMENT LLC | $2,987,424 | 180,400 | 0.50% | Call option |
| MILLENNIUM MANAGEMENT LLC | $2,926,789 | 176,740 | 0.49% | Shares |
| Point72 Asset Management, L.P. | $2,911,567 | 175,819 | 0.48% | Shares |
| PDT Partners, LLC | $2,906,876 | 175,536 | 0.48% | Shares |
| Qube Research & Technologies Ltd | $2,642,297 | 159,559 | 0.44% | Shares |
| JPMORGAN CHASE & CO | $2,007,059 | 120,689 | 0.33% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,890,092 | 114,136 | 0.31% | Shares |
| Jump Financial, LLC | $1,852,137 | 111,844 | 0.31% | Shares |
| AMERIPRISE FINANCIAL INC | $1,828,125 | 110,394 | 0.30% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $1,574,019 | 95,036 | 0.26% | Shares |
| Engineers Gate Manager LP | $1,478,609 | 89,288 | 0.25% | Shares |
| Third Point LLC | $1,407,600 | 85,000 | 0.23% | Shares |
| Y-Intercept (Hong Kong) Ltd | $1,394,484 | 84,208 | 0.23% | Shares |
| Schonfeld Strategic Advisors LLC | $1,379,347 | 83,294 | 0.23% | Shares |
| MARSHALL WACE, LLP | $1,163,456 | 70,257 | 0.19% | Shares |
| SEI INVESTMENTS CO | $1,154,112 | 69,693 | 0.19% | Shares |
| Balyasny Asset Management L.P. | $1,151,466 | 69,533 | 0.19% | Shares |
| FOX RUN MANAGEMENT, L.L.C. | $1,132,737 | 68,402 | 0.19% | Shares |
| Covalent Partners LLC | $1,033,500 | 65,000 | 0.17% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $933,984 | 56,400 | 0.16% | Call option |
| ARMISTICE CAPITAL, LLC | $877,680 | 53,000 | 0.15% | Shares |
| TWO SIGMA INVESTMENTS, LP | $847,872 | 51,200 | 0.14% | Shares |
| Nebula Research & Development LLC | $840,082 | 64,572 | 0.14% | Shares |
Company insiders 26 insiders · 10 officers · 16 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Brent L Saunders | Chairman of the Board and CEO | Aug. 5, 2026 A | 1,256,037 | 1 | 0 | $251,958 |
| Joseph C Papa | CEO & Chairman | May 5, 2022 A | 472,222 | 0 | 0 | $0 |
| Sam Eldessouky | EVP and CFO | Aug. 5, 2026 A | 393,527 | 1 | 0 | $68,520 |
| Luc Bonnefoy | President, Surgical | Aug. 5, 2026 A | 103,801 | 0 | 0 | $0 |
| Andrew J. Stewart | President, GPIC | Aug. 5, 2026 A | 103,211 | 0 | 0 | $0 |
| Frederick Munsch | SVP, Controller and CAO | Aug. 10, 2026 S | 45,831 | 0 | 1 | $-887,662 |
| Yehia Hashad | EVP of R&D and CMO | Aug. 5, 2026 A | 187,350 | 0 | 0 | $0 |
| Robert A D Bailey | EVP & Chief Legal Officer | Aug. 5, 2026 A | 264,241 | 1 | 0 | $250,390 |
| Joseph F Gordon | Officer | March 1, 2023 A | 125,702 | 0 | 0 | $0 |
| Christina Ackermann | Officer | March 1, 2023 A | 146,677 | 0 | 0 | $0 |
| Barbara Trebbi | Director | Aug. 12, 2026 A | 11,776 | 0 | 0 | $0 |
| Robert J Chersi | Director | Aug. 12, 2026 A | 11,776 | 0 | 0 | $0 |
| Laurence E Paul | Director | Aug. 12, 2026 A | 11,776 | 0 | 0 | $0 |
| Eduardo Alfonso | Director | May 26, 2026 A | 31,072 | 1 | 0 | $76,970 |
| Nathalie D. Bernier | Director | May 26, 2026 A | 85,505 | 0 | 0 | $0 |
| Sarah B Kavanagh | Director | May 26, 2026 A | 69,541 | 0 | 0 | $0 |
| Russel C Robertson | Director | May 26, 2026 A | 94,260 | 1 | 0 | $78,760 |
| Thomas W. Ross Sr. | Director | May 26, 2026 A | 85,233 | 1 | 0 | $79,560 |
| Karen Ling | Director | May 26, 2026 A | 61,518 | 1 | 0 | $70,960 |
| John Paulson | Director | May 26, 2026 A | 89,823 | 0 | 0 | $0 |
| Steven H Collis | Director | May 26, 2026 A | 42,003 | 1 | 0 | $267,150 |
| Gaoxiang Hu | Director | May 27, 2025 A | 61,147 | 0 | 0 | $0 |
| Brett Icahn | Director | May 27, 2025 A | 61,147 | 0 | 0 | $0 |
| Richard U De Schutter | Director | March 29, 2024 A | 32,952 | 0 | 0 | $0 |
| Bausch Health Companies Inc. | 10% owner | June 1, 2022 S | 310,449,643 | 0 | 0 | $0 |
| Andrew C. Von Eschenbach | · | Aug. 7, 2026 S | 63,733 | 1 | 2 | $-226,847 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 4 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PDN · Invesco Exchange-Traded Fund Trust … | 0.05% | 9,206 SH | Oct. 1, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.03% | 1,642 NS | July 31, 2026 | N-PORT |
| DFAX · Dimensional ETF Trust | 0.00% | 13,782 NS | July 31, 2026 | N-PORT |
| DFIC · Dimensional ETF Trust | 0.00% | 3,858 NS | July 31, 2026 | N-PORT |
BLCO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 18 analysts
BUY
Median target
$18.50
+8.1%
3 16.7%
Strong Buy
7 38.9%
Buy
7 38.9%
Hold
1 5.6%
Sell
0 0.0%
Strong Sell
12-Month Price Target
13 analysts · 2026-09-28Mean target $19.04 +11.3%
Now
Current price $17.11
Low$16.00
Mean$19.04
High$24.00
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Jul 29, 2026