Envista Holdings vs Dentsply Sirona
Dentsply Sirona is the larger business, with $3.68bn of revenue in fiscal 2025 against $2.72bn for Envista Holdings (1.4 times as much). Envista Holdings grew faster (8.3% against -3.0%). Envista Holdings kept more of each dollar of sales as profit: a net margin of 1.7% against -16.3%. Envista Holdings carries less debt relative to equity (47.0% against 173.9%).
| Latest fiscal year | Envista HoldingsNVST, 2025 | Dentsply SironaXRAY, 2025 |
|---|---|---|
| Revenue | $2.72bn | $3.68bn |
| Revenue growth | 8.3% | -3.0% |
| Net income | $47.0m | −$598m |
| Operating margin | 7.9% | -11.5% |
| Net margin | 1.7% | -16.3% |
| Return on equity | 1.6% | -36.5% |
| Free cash flow | $230m | $104m |
| Cash | $1.21bn | $326m |
| Total debt | $1.46bn | $2.33bn |
| Debt to equity | 47.0% | 173.9% |
| Dividend per share | — | $0.64 |
| Dividend yield | — | 4.9% |
| Share buybacks | $167m | $0 |
| Employees | 12,700 | 14,000 |
| Market value | $3.98bn | $1.93bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 48 (Moderate) | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 3 sales | 12 buys, 1 sales |