Company Analysis

Bio-Rad Laboratories, Inc.Class A (BIO)

NYSE: BIO · Laboratory Analytical Instruments · Hercules, CA · filing with the SEC since 1994
Grade5.9
◀ Past 5.3● Present 6.3▶ Future 6.1

The grade of Bio-Rad Laboratories, Inc.Class A

Nine metrics read from its own filings, by tense
Headline grade
5.9/10
◀ Past5.330% of the headline
● Present6.340% of the headline
▶ Future6.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.3/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.6/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2019-03-25.

weight 33% of this tense · 46th percentile among 23 sector filers · read for itself

From the record

Bio-Rad Laboratories, Inc.Class A's filings since 2017 show 4 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2019-03-25); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2019-03-04) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.4/10

What has it actually done, year after year?

+2.5% a year over 10 filed years; profitable in 7 of 10.

weight 45% of this tense · 44th percentile among 21 sector filers · read for its customers

From the record

Bio-Rad Laboratories, Inc.Class A's 10 filed years say what it did: revenue went from $2.1 billion in fiscal 2016 to $2.6 billion in fiscal 2025, up 2.5% a year; it rose in 6 of 9 years; the deepest fall was 12% from fiscal 2021 to fiscal 2024; net income was positive in 7 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span2.5%bottom 13% of its family
  • the share of years revenue rosebottom 43% of its family
  • the share of filed years with a profittop 29% of its family
  • the deepest fall from a revenue peak12.2%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.1/10

How has it treated the people who own it?

Share count shrank 2.9% a year. 68% of cash flow returned. Insiders: 4 sales, 0 purchases.

weight 22% of this tense · 81st percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Bio-Rad Laboratories, Inc.Class A's diluted share count shrank about 2.9% a year, and dividends and buybacks returned about 68% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 7% of its family
  • cash returned against operating cash flowtop 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.6/10

Is it financially healthy right now?

ROE 10%: 10¢ of profit per shareholder dollar. Leverage 30%: owes 30¢ per asset dollar.

weight 45% of this tense · 66th percentile among 22 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Bio-Rad Laboratories, Inc.Class A earned about 10 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 13 cents per dollar of everything the company owns. Leverage: it owed about 30 cents per dollar of assets, and net share issuance: its share count shrank 3.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 43% of its family
  • return on equitytop 17% of its family
  • gross profit against assetsbottom 31% of its family
  • the share count against the year beforetop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.3/10

How strong is its position in its industry?

top 37% of 21 in its family; net margin 29.4%.

weight 33% of this tense · 63rd percentile among 21 sector filers · read for its customers

From the record

Bio-Rad Laboratories, Inc.Class A's standing among 21 graded names in its industry family: revenue of $2.6 billion in fiscal 2025 ranks in the top 36% by size; a net margin of 29.4% ranks in the top 2%; revenue growth of -2.7% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

What it rests on

  • revenue against the family$2.58Btop 36% of its family
  • net margin29.4%top 2% of its family
  • three-year revenue growth-2.7%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.5/10

What are the people in charge doing?

top 45% of 21 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 55th percentile among 21 sector filers · read for its shareholders

From the record

Bio-Rad Laboratories, Inc.Class A's leadership, from its insiders' filings and its current reports: the chief executive on the record is Schwartz, Norman D (Chairman & CEO, as filed), filing under that title since 2006-04-05, 20.6 years (top 8% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 3.3 years (bottom 31%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 43%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 14 peoplebottom 43% of its family
  • the median years the people in charge have filed3.3 yearsbottom 31% of its family
  • the chief executive's years on the record20.6 yearstop 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.0/10

How much room does it have to grow?

bottom 50% of 21 in its family for room to expand.

weight 45% of this tense · 50th percentile among 21 sector filers · read for itself

From the record

Bio-Rad Laboratories, Inc.Class A's room to grow, from the newest filed statements (fiscal 2025): cash of $530 million against debt of $1.2 billion leaves -6.4% of its assets as net cash, bottom 34% of its family; cash from operations less capital spending is 14.5% of revenue (top 31%); a gross margin of 51.9% (top 36%); research spending of 10.7% of revenue (bottom 33%) (its annual report).

What it rests on

  • cash less debt against assets-6.4%bottom 34% of its family
  • cash from operations less capital spending against revenue14.5%top 31% of its family
  • gross margin51.9%top 36% of its family
  • research spending against revenue10.7%bottom 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.1/10

What could actually drive growth from here?

top 39% of 21 in its family for growth drivers.

weight 33% of this tense · 61st percentile among 21 sector filers · read for its customers

From the record

Bio-Rad Laboratories, Inc.Class A's growth drivers, from the filed years to fiscal 2025: revenue grew -2.7% a year over the last three filed years against 2.5% over all 10, slowing (top 42% of its family); the newest year grew 0.7% (bottom 40%); research spending grew 2.4% a year (top 37%); capital spending grew 11.8% a year (top 17%) (its annual reports). Bio-Rad Laboratories, Inc.Class A reported 2 lines of business in fiscal 2025: Clinical Diagnostics at $1.6 billion (61%), Life Science at $1.0 billion (40%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-5.2 points a yeartop 42% of its family
  • the newest year's revenue growth0.7%bottom 40% of its family
  • three-year growth of research spending2.4%top 37% of its family
  • three-year growth of capital spending11.8%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.3/10

Did its newest year beat what its own record pointed to?

top 17% of 20 in its family for expectations against reality.

weight 22% of this tense · 83rd percentile among 20 sector filers · read for its shareholders

From the record

Bio-Rad Laboratories, Inc.Class A's newest year against its own record: revenue of $2.6 billion in fiscal 2025 came in 5.2% above the $2.5 billion its prior three years' pace pointed to (top 22% of its family); net income of $760 million against a prior three-year average of $2.0 billion (top 7%); a net margin of 29.4% against -75.1% before (top 22%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.2%top 22% of its family
  • net income against the prior three years' average+137%top 7% of its family
  • net margin against its prior averageup more than 100 pointstop 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BIO · research, not advice