NVST vs. BX

Last updated Apr 2, 2026

Compare and contrast key facts about Envista Holdings Corporation (NVST) and The Blackstone Group Inc. (BX).

Performance

NVST vs. BX - Performance Comparison

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

NVST vs. BX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NVST Envista Holdings Corporation	19.30%	12.55%	-19.83%	-28.54%	-25.28%	33.59%	13.80%	6.05%
BX The Blackstone Group Inc.	-24.97%	-7.84%	35.07%	82.75%	-40.01%	107.11%	19.78%	6.83%

Fundamentals

Market Cap NVST : $4.30B BX : $89.28B
EPS NVST : $0.28 BX : $5.09
PE Ratio NVST : 92.98 BX : 22.47
PEG Ratio NVST : 1.12 BX : 0.20
PS Ratio NVST : 1.61 BX : 6.46
PB Ratio NVST : 1.38 BX : 10.30
Total Revenue (TTM) NVST : $2.72B BX : $13.83B
Gross Profit (TTM) NVST : $1.49B BX : $13.45B
EBITDA (TTM) NVST : $327.80M BX : $7.21B

Returns By Period

In the year-to-date period, NVST achieves a 19.30% return, which is significantly higher than BX's -24.97% return.

NVST

• 1D: 2.09%
• 1M: -12.02%
• YTD: 19.30%
• 6M: 27.21%
• 1Y: 51.46%
• 3Y*: -14.11%
• 5Y*: -8.70%
• 10Y*: —

BX

• 1D: -0.57%
• 1M: -0.87%
• YTD: -24.97%
• 6M: -30.59%
• 1Y: -17.21%
• 3Y*: 12.62%
• 5Y*: 12.52%
• 10Y*: 20.32%

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

Return for Risk

NVST vs. BX — Risk / Return Rank

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

NVST

NVST Risk / Return Rank: 79
NVST Sharpe Ratio Rank: 78
NVST Sortino Ratio Rank: 78
NVST Omega Ratio Rank: 74
NVST Calmar Ratio Rank: 81
NVST Martin Ratio Rank: 83

BX

BX Risk / Return Rank: 24
BX Sharpe Ratio Rank: 21
BX Sortino Ratio Rank: 21
BX Omega Ratio Rank: 21
BX Calmar Ratio Rank: 30
BX Martin Ratio Rank: 27

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. BX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envista Holdings Corporation (NVST) and The Blackstone Group Inc. (BX). 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	BX	Difference
Sharpe ratio Return per unit of total volatility	1.21	-0.44	+1.65
Sortino ratio Return per unit of downside risk	2.04	-0.39	+2.43
Omega ratio Gain probability vs. loss probability	1.25	0.95	+0.30
Calmar ratio Return relative to maximum drawdown	2.52	-0.34	+2.87
Martin ratio Return relative to average drawdown	7.10	-0.81	+7.91
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. BX - Sharpe Ratio Comparison

The current NVST Sharpe Ratio is 1.21, which is higher than the BX Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of NVST and BX, 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	BX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	-0.44	+1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.32	-0.57
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.28	-0.31

Correlation

The correlation between NVST and BX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NVST vs. BX - Dividend Comparison

NVST has not paid dividends to shareholders, while BX's dividend yield for the trailing twelve months is around 4.15%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVST Envista Holdings Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BX The Blackstone Group Inc.	4.15%	3.04%	2.00%	2.54%	6.66%	2.76%	2.95%	3.43%	8.12%	7.25%	6.14%	11.76%

Drawdowns

NVST vs. BX - Drawdown Comparison

The maximum NVST drawdown since its inception was -71.00%, smaller than the maximum BX drawdown of -87.62%. Use the drawdown chart below to compare losses from any high point for NVST and BX.

Drawdown Indicators

	NVST	BX	Difference
Max Drawdown Largest peak-to-trough decline	-71.00%	-87.62%	+16.62%
Max Drawdown (1Y) Largest decline over 1 year	-19.83%	-44.76%	+24.93%
Max Drawdown (5Y) Largest decline over 5 years	-71.00%	-49.29%	-21.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-49.29%	—
Current Drawdown Current decline from peak	-49.12%	-40.10%	-9.02%
Average Drawdown Average peak-to-trough decline	-34.59%	-25.60%	-8.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.05%	19.11%	-12.06%

Volatility

NVST vs. BX - Volatility Comparison

Envista Holdings Corporation (NVST) has a higher volatility of 12.80% compared to The Blackstone Group Inc. (BX) at 11.93%. This indicates that NVST's price experiences larger fluctuations and is considered to be riskier than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVST	BX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.80%	11.93%	+0.87%
Volatility (6M) Calculated over the trailing 6-month period	28.78%	25.39%	+3.39%
Volatility (1Y) Calculated over the trailing 1-year period	42.73%	39.68%	+3.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.87%	38.83%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.04%	35.55%	+4.49%

Financials

NVST vs. BX - Profitability Comparison

The chart below illustrates the profitability comparison between Envista Holdings Corporation and The Blackstone Group 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%.

BX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported a gross profit of 4.36B and revenue of 4.36B. Therefore, the gross margin over that period was 100.0%.

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%.

BX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported an operating income of 2.36B and revenue of 4.36B, resulting in an operating margin of 54.2%.

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%.

BX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported a net income of 1.97B and revenue of 4.36B, resulting in a net margin of 45.3%.