NVST vs. BBAI

Last updated Apr 1, 2026

Compare and contrast key facts about Envista Holdings Corporation (NVST) and BigBear.ai Holdings, Inc. (BBAI).

Performance

NVST vs. BBAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Envista Holdings Corporation (NVST) and BigBear.ai Holdings, Inc. (BBAI). The values are adjusted to include any dividend payments, if applicable.

NVST vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NVST Envista Holdings Corporation	16.86%	12.55%	-19.83%	-28.54%	-25.28%	10.09%
BBAI BigBear.ai Holdings, Inc.	-34.81%	21.35%	107.94%	217.65%	-88.10%	-35.09%

Fundamentals

Market Cap NVST : $4.21B BBAI : $12.63B
EPS NVST : $0.28 BBAI : -$0.20
PS Ratio NVST : 1.57 BBAI : 40.04
PB Ratio NVST : 1.36 BBAI : 20.64
Total Revenue (TTM) NVST : $2.72B BBAI : $127.67M
Gross Profit (TTM) NVST : $1.49B BBAI : $28.48M
EBITDA (TTM) NVST : $327.80M BBAI : -$253.90M

Returns By Period

In the year-to-date period, NVST achieves a 16.86% return, which is significantly higher than BBAI's -34.81% return.

NVST

• 1D: 4.58%
• 1M: -13.15%
• YTD: 16.86%
• 6M: 24.55%
• 1Y: 46.99%
• 3Y*: -14.70%
• 5Y*: -9.08%
• 10Y*: —

BBAI

• 1D: 15.79%
• 1M: -11.11%
• YTD: -34.81%
• 6M: -46.01%
• 1Y: 23.08%
• 3Y*: 12.99%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NVST vs. BBAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVST

NVST Risk / Return Rank: 78
NVST Sharpe Ratio Rank: 77
NVST Sortino Ratio Rank: 77
NVST Omega Ratio Rank: 73
NVST Calmar Ratio Rank: 82
NVST Martin Ratio Rank: 83

BBAI

BBAI Risk / Return Rank: 53
BBAI Sharpe Ratio Rank: 50
BBAI Sortino Ratio Rank: 63
BBAI Omega Ratio Rank: 55
BBAI Calmar Ratio Rank: 48
BBAI Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVST vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envista Holdings Corporation (NVST) and BigBear.ai Holdings, Inc. (BBAI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NVST	BBAI	Difference
Sharpe ratio Return per unit of total volatility	1.11	0.22	+0.88
Sortino ratio Return per unit of downside risk	1.92	1.24	+0.67
Omega ratio Gain probability vs. loss probability	1.23	1.13	+0.11
Calmar ratio Return relative to maximum drawdown	2.50	0.24	+2.26
Martin ratio Return relative to average drawdown	7.08	0.51	+6.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVST vs. BBAI - Sharpe Ratio Comparison

The current NVST Sharpe Ratio is 1.11, which is higher than the BBAI Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of NVST and BBAI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NVST	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	0.22	+0.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.11	+0.07

Correlation

The correlation between NVST and BBAI is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NVST vs. BBAI - Dividend Comparison

Neither NVST nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NVST vs. BBAI - Drawdown Comparison

The maximum NVST drawdown since its inception was -71.00%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for NVST and BBAI.

Drawdown Indicators

	NVST	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-71.00%	-95.01%	+24.01%
Max Drawdown (1Y) Largest decline over 1 year	-19.83%	-65.88%	+46.05%
Max Drawdown (5Y) Largest decline over 5 years	-71.00%	—	—
Current Drawdown Current decline from peak	-50.16%	-72.26%	+22.10%
Average Drawdown Average peak-to-trough decline	-34.58%	-71.00%	+36.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.99%	31.07%	-24.08%

Volatility

NVST vs. BBAI - Volatility Comparison

The current volatility for Envista Holdings Corporation (NVST) is 12.68%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 22.77%. This indicates that NVST experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVST	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.68%	22.77%	-10.09%
Volatility (6M) Calculated over the trailing 6-month period	28.72%	66.27%	-37.55%
Volatility (1Y) Calculated over the trailing 1-year period	42.71%	104.87%	-62.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.86%	178.01%	-142.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.04%	178.01%	-137.97%

Financials

NVST vs. BBAI - Profitability Comparison

The chart below illustrates the profitability comparison between Envista Holdings Corporation and BigBear.ai Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NVST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Envista Holdings Corporation reported a gross profit of 410.60M and revenue of 750.60M. Therefore, the gross margin over that period was 54.7%.

BBAI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, BigBear.ai Holdings, Inc. reported a gross profit of 5.55M and revenue of 27.30M. Therefore, the gross margin over that period was 20.3%.

NVST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Envista Holdings Corporation reported an operating income of 73.30M and revenue of 750.60M, resulting in an operating margin of 9.8%.

BBAI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, BigBear.ai Holdings, Inc. reported an operating income of -24.27M and revenue of 27.30M, resulting in an operating margin of -88.9%.

NVST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Envista Holdings Corporation reported a net income of 32.90M and revenue of 750.60M, resulting in a net margin of 4.4%.

BBAI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, BigBear.ai Holdings, Inc. reported a net income of -5.83M and revenue of 27.30M, resulting in a net margin of -21.4%.