Bausch Health Companies Inc logo

Bausch Health Companies Inc(BHC)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
SELL
SELL for 3 days
PROFIT SINCE LAST BUY
-9.78% ▼
LAST CLOSE
$5.65
09/24/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for BHC

09/24/2026: BHC (1-star) is a SELL. SELL for 3 days. Simulated Profits (-9.78%). Updated daily EoD!

Bausch Health Companies Inc is a specialty pharmaceutical firm focusing on gastroenterology, dermatology, and neurology. Its primary strength lies in an established portfolio of recognizable brands that generate consistent cash flow, such as Xifaxan. The main investment story centers on the company’s ongoing efforts to deleverage its balance sheet and focus R&D on high-need areas. However, investors face significant risks, including heavy debt obligations, ongoing legal liabilities, and the threat of patent cliffs on key revenue drivers. This stock may suit investors willing to accept high volatility in exchange for potential recovery, provided they closely monitor debt-refinancing progress and regulatory updates.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company's focus is primarily on deleveraging rather than aggressive revenue or earnings growth.
Momentum investorMixed fitMomentum is often tied to volatile news cycles regarding litigation or debt, making it highly speculative.
Value investorMixed fitThe valuation may appear depressed due to debt, but the quality of the balance sheet presents a significant value trap risk.
Dividend investorWeak fitThe company does not pay a dividend and focuses on debt service.
Low-risk investorWeak fitHigh debt and legal uncertainties contribute to elevated stock price volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock price is highly sensitive to regulatory news, litigation outcomes, and debt management updates.
Valuation riskMedium / highHigh debt levels complicate traditional valuation metrics, making it difficult to assess true underlying value.
Competition risk (generic entry)HighThe loss of patent protection for flagship products can drastically reduce revenue.
Business qualityMediumWhile the product portfolio is established, the financial burden limits the quality of the investment thesis.
Dividend incomeLow / noneThere is no current dividend, providing no income to shareholders.
Execution riskHighManagement must successfully execute complex debt refinancing and operational restructuring.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -43.09%
Avg. Invested days 35
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/24/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
BHC receives a 4-star rating, supported by solid unit economics, solid company fundamentals, and solid quantitative characteristics. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
BHC has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+441.3%) and solid cash generation (FCF margin 9.8%) are partially offset by moderate revenue growth (+6.7%), soft profitability (net margin 1.5%).

Financial Health Rating

★★★★★
BHC's financial health is supported by strong cash strength, including free-cash-flow generation of $1.0B (9.8% of revenue). Liquidity is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is BHC's strongest growth driver at +441.3% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+6.7%, moderate) and free-cash-flow growth (-20.4%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 65.0% and approximately 69.7% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 11.12% supports management-shareholder alignment.

Top 5 Institutional Investors

Paulson & Company Inc 19.59%
Goldentree Asset Management LP 9.27%
Royal Bank of Canada 3.04%
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 2.14%
Vanguard Capital Management, LLC 1.98%

Unit Economics (Per $1K Revenue)

★★★★★
BHC generates approximately $707 of gross profit, $213 of operating income, and $98 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 67.30%

Quantitative Style Profile

★★★★★
BHC has a high-quality, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.14B USD
Price to earnings Ratio -
1Y Target Price 7.5
Price to earnings Ratio -
1Y Target Price 7.5
Volume (30-day avg) 2.6M shares
Beta 0.37
52 Weeks Range 4.33 - 8.00
Updated Date 09/23/2026
52 Weeks Range 4.33 - 8.00
Updated Date 09/23/2026
Dividends yield (FY) -
Basic EPS (TTM) -2.89

How Company Makes Money

Business areaWhat it includesRetail investor read
GastroenterologyIncludes sales of Xifaxan and other GI-related products.This is the company's most important revenue engine.
DermatologyIncludes various creams and medical dermatology products.Provides secondary revenue but faces intense competition.
GeographyOperations in the US and international markets.The US market remains the primary driver of profitability.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 1.33
Enterprise Value 21.13B
Price to Sales(TTM) 0.2
Enterprise Value 21.13B
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 1.95
Enterprise Value to EBITDA 10.32
Shares Outstanding 373.99M
Shares Floating 260.57M
Shares Outstanding 373.99M
Shares Floating 260.57M
Percent Insiders 11.12
Percent Institutions 65.02

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Bausch Health Companies Inc

Exchange NYSE
Headquarters Laval, QC, Canada
IPO Launch date 1994-03-29
CEO & Director Mr. Thomas J. Appio
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 20300
Full time employees 20300

Bausch Health Companies Inc. operates as a diversified specialty pharmaceutical and medical device company. It operates through five segments: Salix, International, Solta Medical, Diversified, and Bausch + Lomb. The company develops, manufactures, and markets products primarily in the therapeutic areas of gastroenterology, hepatology, neurology and dermatology, generic and branded generic pharmaceuticals, dentistry products, over-the-counter products, aesthetic medical devices, and eye health. The company sells its products in the United States, China, Canada, Poland, Mexico, France, South Korea, Russia, Japan, Germany, the United Kingdom, Spain, Italy, and internationally. The company was formerly known as Valeant Pharmaceuticals International, Inc. and changed its name to Bausch Health Companies Inc. in July 2018. Bausch Health Companies Inc. is headquartered in Laval, Canada.