undamentalytics Newsletter

Bausch Health Companies vs Haleon

Haleon is the larger business, with $14.55bn of revenue in fiscal 2025 against $10.27bn for Bausch Health Companies (1.4 times as much). Bausch Health Companies grew faster (6.7% against 1.3%). Haleon kept more of each dollar of sales as profit: a net margin of 15.1% against 1.5%.

Latest fiscal yearBausch Health CompaniesBHC, 2025HaleonHLN, 2025
Revenue $10.27bn $14.55bn
Revenue growth 6.7% 1.3%
Net income $157m $2.20bn
Operating margin 17.7% 21.9%
Net margin 1.5% 15.1%
Return on equity — 10.4%
Free cash flow $1.00bn $3.05bn
Cash $1.31bn $1.78bn
Total debt $20.82bn $11.58bn
Debt to equity — 52.4%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 20,300 —
Market value $3.01bn $39.59bn
Price vs our value range Below our value range Above our value range
Moat score 35 (Weak) —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.