Company Analysis

Bausch + Lomb Corporation (BLCO)

NYSE: BLCO · Ophthalmic Goods · Vaughan, ON · filing with the SEC since 2021
Grade4.9
◀ Past 5.8● Present 5.2▶ Future 3.7

The grade of Bausch + Lomb Corporation

Nine metrics read from its own filings, by tense
Headline grade
4.9/10
◀ Past5.830% of the headline
● Present5.240% of the headline
▶ Future3.730% 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?

5.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.9/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 33% of this tense · 69th percentile among 8 sector filers · read for itself

From the record

Bausch + Lomb Corporation's filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

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

Track record

as filed
6.3/10

What has it actually done, year after year?

+8.4% a year over 6 filed years; profitable in 2 of 6.

weight 45% of this tense · 63rd percentile among 8 sector filers · read for its customers

From the record

Bausch + Lomb Corporation's 6 filed years say what it did: revenue went from $3.4 billion in fiscal 2020 to $5.1 billion in fiscal 2025, up 8.4% a year; it rose in 5 of 5 years; it never fell from a peak; net income was positive in 2 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.4%bottom 31% of its family
  • the share of years revenue rosetop 12% of its family
  • the share of filed years with a profitbottom 44% of its family
  • the deepest fall from a revenue peak0.0%top 12% of its family

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

Shareholder treatment

as filed
3.2/10

How has it treated the people who own it?

Share count grew 0.3% a year. 0% of cash flow returned. Insiders: 4 sales, 9 purchases.

weight 22% of this tense · 32nd percentile among 5 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Bausch + Lomb Corporation's diluted share count grew about 0.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 9 purchases of their own stock on the open market in the year to 2026-11-02, buying about $1 million (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 44% of its family
  • cash returned against operating cash flowbottom 20% 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?

5.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
4.4/10

Is it financially healthy right now?

ROE -6%: lost 6¢ per shareholder dollar. Leverage 54%: owes 54¢ per asset dollar.

weight 45% of this tense · 44th percentile among 8 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Bausch + Lomb Corporation lost about 6 cents for every dollar of shareholders' money. Leverage: it owed about 54 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 19% of its family
  • return on equitybottom 44% of its family
  • the share count against the year beforetop 31% of its family

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

Industry position

as filed
6.0/10

How strong is its position in its industry?

top 40% of 8 in its family; net margin -7.1%.

weight 33% of this tense · 60th percentile among 8 sector filers · read for its customers

From the record

Bausch + Lomb Corporation's standing among 8 graded names in its industry family: revenue of $5.1 billion in fiscal 2025 ranks in the top 19% by size; a net margin of -7.1% ranks in the bottom 44%; revenue growth of 10.6% a year over the last 3 filed years ranks in the top 44% (its annual reports).

What it rests on

  • revenue against the family$5.10Btop 19% of its family
  • net margin-7.1%bottom 44% of its family
  • three-year revenue growth10.6%top 44% 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 6 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 55th percentile among 6 sector filers · read for its shareholders

From the record

Bausch + Lomb Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Saunders, Brent L (Chairman of the Board and CEO, as filed), filing under that title since 2023-03-06, 3.7 years (top 42% of its family); the 20 officers and directors filing in the last fifteen months have been on the record a median of 3.6 years (bottom 42%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 20 people in charge now (top 36%; 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 charge10 in three years among 20 peopletop 36% of its family
  • the median years the people in charge have filed3.6 yearsbottom 42% of its family
  • the chief executive's years on the record3.7 yearstop 42% 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?

3.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.5/10

How much room does it have to grow?

bottom 25% of 8 in its family for room to expand.

weight 45% of this tense · 25th percentile among 8 sector filers · read for itself

From the record

Bausch + Lomb Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $397 million against debt of $5.0 billion leaves -33% of its assets as net cash, bottom 6% of its family; cash from operations less capital spending is -1.3% of revenue (bottom 44%); research spending of 7.3% of revenue (bottom 25%) (its annual report).

What it rests on

  • cash less debt against assets-33.0%bottom 6% of its family
  • cash from operations less capital spending against revenue-1.3%bottom 44% of its family
  • research spending against revenue7.3%bottom 25% of its family

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

Growth drivers

as filed
6.4/10

What could actually drive growth from here?

top 36% of 8 in its family for growth drivers.

weight 33% of this tense · 64th percentile among 8 sector filers · read for its customers

From the record

Bausch + Lomb Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 10.6% a year over the last three filed years against 8.4% over all 6, speeding up (top 19% of its family); the newest year grew 6.5% (top 44%); research spending grew 6.5% a year (bottom 25%); capital spending grew 25.9% a year (top 6%) (its annual reports). Bausch + Lomb Corporation reported 3 lines of business in fiscal 2025: Vision Care at $2.9 billion (57%), Pharmaceuticals at $1.3 billion (25%), Surgical at $894 million (18%); 3 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+2.2 points a yeartop 19% of its family
  • the newest year's revenue growth6.5%top 44% of its family
  • three-year growth of research spending6.5%bottom 25% of its family
  • three-year growth of capital spending25.9%top 6% 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
2.3/10

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

bottom 23% of 8 in its family for expectations against reality.

weight 22% of this tense · 23rd percentile among 8 sector filers · read for its shareholders

From the record

Bausch + Lomb Corporation's newest year against its own record: revenue of $5.1 billion in fiscal 2025 came in 5.6% below the $5.4 billion its prior three years' pace pointed to (bottom 31% of its family); net income of $360 million against a prior three-year average of $190 million (bottom 19%); a net margin of -7.1% against -4.2% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.6%bottom 31% of its family
  • net income against the prior three years' average-89%bottom 19% of its family
  • net margin against its prior average-2.8 pointsbottom 19% 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 BLCO · research, not advice