BIO - BIO-RAD LABORATORIES, INC.

📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue Growth YoY (%)	0.7% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-87%)	-3.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-178%)	-4.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-193%)	-4.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-182%)	14.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+196%)	10.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+102%)	1.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-81%)	6.0% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+20%)	4.4% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-11%)	2.4% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-52%)	-7.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-243%)	2.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-60%)	3.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-39%)	-0.2% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-104%)	7.6% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+52%)	8.0% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+60%)	1.1% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-77%)	—	—
EPS Growth YoY (%)	N/M	-199.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	82.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	11.5% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	117.0% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	381.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	197.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	368.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-77.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	25.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	13.2% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-53.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-8.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-5.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	26.9% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	60.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	-189.4% Weak ↓ Weak Declining Year-over-year change in net income	82.4% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	11.8% Fair ↓ Fair Declining Year-over-year change in net income	116.4% Excellent ↓ Excellent Declining Year-over-year change in net income	381.0% Excellent ↑ Excellent Improving Year-over-year change in net income	199.1% Excellent ↑ Excellent Improving Year-over-year change in net income	370.2% Excellent ↑ Excellent Improving Year-over-year change in net income	-77.0% Weak ↓ Weak Declining Year-over-year change in net income	27.3% Excellent ↑ Excellent Improving Year-over-year change in net income	14.2% Fair ↑ Fair Improving Year-over-year change in net income	-53.0% Weak ↓ Weak Declining Year-over-year change in net income	-7.2% Weak ↓ Weak Declining Year-over-year change in net income	-3.9% Weak ↓ Weak Declining Year-over-year change in net income	28.3% Excellent Excellent Year-over-year change in net income	61.6% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	33.9% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	37.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	172.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-84.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	12.2% Fair ↓ Fair Declining Year-over-year change in free cash flow	32.9% Excellent Excellent Year-over-year change in free cash flow	130.8% Excellent Excellent Year-over-year change in free cash flow	N/M	N/M	0.2% Caution ↓ Caution Declining Year-over-year change in free cash flow	-51.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	141.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-50.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	-22.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	12.7% Fair ↑ Fair Improving Year-over-year change in free cash flow	-58.1% Weak Weak Year-over-year change in free cash flow	68.1% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-2.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-4.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	6.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	8.5% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	5.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	3.8% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	4.3% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-0.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-1.0% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	5.1% Fair Fair Compound annual revenue growth over 3 years	5.5% Fair Fair Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	0.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	2.1% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	3.1% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	5.3% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	7.2% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	4.7% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	1.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	1.4% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	0.9% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-0.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	0.9% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	4.0% Fair Fair Compound annual revenue growth over 5 years	3.9% Caution Caution Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	126.6% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	214.3% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	306.1% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	46.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	10.2% Good ↑ Good Improving Compound annual EPS growth over 3 years	-31.4% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-12.9% Weak ↑ Weak Improving Compound annual EPS growth over 3 years	-21.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-26.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	3.5% Caution Caution Compound annual EPS growth over 3 years	24.4% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Operating Margin (%) (%)	1.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-85%)	10.5% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	12.6% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	17.2% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	17.1% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+43%)	16.1% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+35%)	9.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-17%)	-4.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-138%)	5.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-54%)	2.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-79%)	8.3% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-31%)	6.9% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	7.9% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	12.8% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+6%)	14.2% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+19%)	14.7% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+23%)	12.9% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	10.4% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-14%)	—
Effective Tax Rate (%) (%)	23.7% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.3% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.0% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.9% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.9% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.4% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	29.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+268%)	-71.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-998%)	-23.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-398%)	-129.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1718%)	—	—	76.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+851%)	16.0% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+100%)	5.7% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-29%)	1.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-84%)	5.6% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-30%)	4.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-49%)	3.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-54%)	8.0% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	8.6% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	9.6% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	8.1% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	5.1% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	—
FCF Margin (%) (%)	14.5% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	11.3% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	8.2% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	18.3% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	18.7% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	15.5% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.8% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.6% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	3.7% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.0% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.9% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.0% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.6% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.1% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	18.2% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	10.8% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.49x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.16x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.34x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.02x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.13x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.13x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.20x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.43x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.06x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	2.88x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.66x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.71x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.80x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	0.75x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.88x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.74x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	2.25x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	2.14x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Return on Invested Capital (%)	0.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	3.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	2.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	3.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	3.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-2.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	3.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	1.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.3% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	5.4% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	5.1% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	7.6% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	9.4% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	9.0% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	14.5% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	0.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	2.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	2.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-1.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	4.5% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.7% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	9.5% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	9.3% Fair Fair Operating profit relative to total assets Optimal: > 10%	9.1% Fair Fair Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	10.2% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-32%)	-28.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-287%)	-7.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-149%)	-37.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-352%)	31.1% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+107%)	38.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+157%)	30.6% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+104%)	9.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	4.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-72%)	1.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-93%)	4.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-70%)	4.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-73%)	3.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-76%)	8.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-45%)	10.2% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-32%)	12.1% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-20%)	11.5% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-23%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Debt to Equity (x)	0.16x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-77%)	0.18x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-74%)	0.14x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-80%)	0.12x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-82%)	—	—	—	—	—	—	—	—	0.20x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-72%)	0.36x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-48%)	0.42x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-40%)	0.63x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-10%)	—	—	—
Interest Coverage (x)	0.96x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	5.50x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	6.83x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	12.66x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	322.59x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	18.80x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	9.81x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	-4.31x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	5.18x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	2.42x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	7.69x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	6.78x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	2.77x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	5.17x Good → Good Stable Operating income divided by interest expense Optimal: > 5x	5.55x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.46x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	4.91x Fair Fair Operating income divided by interest expense Optimal: > 5x	5.70x Good Good Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$673.20M	$712.30M	$806.28M	$763.49M	$-470.78M	$-662.21M	$-660.67M	$-431.53M	$-383.82M	$-456.26M	$-457.55M	$-413.25M	$104.25M	$269.21M	$158.07M	$57.65M	$-649.94M	$-204.52M	$-161.76M
Debt / EBITDA (x)	5.66x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.85x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.50x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.93x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	1.38x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.86x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.76x Good Good Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.45x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue per Share (USD)	$94.75	$90.97	$91.45	$94.08	$97.97	$85.51	$77.46	$76.73	$72.84	$70.25	$69.19	$75.32	$74.61	$73.14	$73.97	$69.66	$65.11	$65.08	—
Basic EPS, GAAP (USD)	$27.87	$-65.36	$-21.82	$-121.79	$142.61	$127.86	$58.93	$12.25	$4.12	$0.88	$3.87	$3.08	$2.72	$5.85	$6.36	$6.70	$5.28	$3.30	—
Free Cash Flow per Share (USD)	$13.74	$10.26	$7.47	$2.74	$17.96	$16.00	$12.04	$5.22	$-0.24	$2.55	$2.54	$5.27	$2.19	$4.37	$5.60	$4.97	$11.86	$7.06	—
Book Value per Share (USD)	$273.40	$232.84	$299.26	$322.82	$458.76	$331.90	$192.84	$134.75	$98.81	$87.61	$85.33	$75.67	$76.50	$71.23	$62.21	$55.55	$45.97	—	—
Tangible Book Value per Share (USD)	$245.74	$207.88	$274.13	$298.02	$438.60	$315.39	$179.12	$122.92	$75.87	$65.91	$61.01	$49.54	$58.38	$53.71	$45.49	$42.39	$34.01	—	—
Basic Weighted Avg Shares (shares)	27.26M	28.21M	29.21M	29.79M	29.83M	29.77M	29.84M	29.84M	29.66M	29.44M	29.19M	28.88M	28.59M	28.29M	28.03M	27.66M	27.40M	27.11M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Working Capital (USD)	$2.39B	$2.56B	$2.53B	$2.59B	$1.31B	$1.51B	$1.27B	$1.57B	$1.47B	$1.37B	$1.34B	$1.27B	$1.26B	$1.46B	$1.34B	$1.31B	$1.14B	—	—
LT Debt (USD)	$1.20B	$1.20B	$1.21B	$1.20B	—	—	—	—	—	—	—	—	$435.80M	$732.60M	$732.30M	$964.20M	—	—	—
Total Equity (USD)	$7.45B	$6.57B	$8.74B	$9.62B	$13.69B	$9.88B	$5.76B	$4.02B	$2.93B	$2.58B	$2.49B	$2.19B	$2.19B	$2.02B	$1.74B	$1.54B	$1.26B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$2.58B	$2.57B	$2.67B	$2.80B	$2.92B	$2.55B	$2.31B	$2.29B	$2.16B	$2.07B	$2.02B	$2.18B	$2.13B	$2.07B	$2.07B	$1.93B	$1.78B	$1.76B	—
Depreciation Expense (USD)	$165.40M	$151.60M	$145.90M	$137.30M	$137.60M	$138.10M	$134.20M	$138.10M	$148.70M	$142.90M	$131.80M	$149.90M	$147.20M	$130.40M	$121.00M	$108.90M	—	—	—
Net Income, GAAP (USD)	$759.90M	$-1.84B	$-637.32M	$-3.63B	$4.25B	$3.81B	$1.76B	$365.61M	$122.25M	$26.00M	$113.09M	$88.84M	$77.79M	$165.48M	$178.22M	$185.49M	$144.62M	$89.51M	—
Operating Cash Flow (USD)	$532.20M	$455.20M	$374.94M	$194.45M	$669.46M	$575.33M	$457.90M	$285.49M	$104.14M	$216.43M	$186.21M	$273.31M	$175.48M	$276.03M	$259.82M	$225.91M	$325.07M	$191.37M	—

BIO-RAD LABORATORIES, INC.

Analytical Summary

19-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

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