BIO

BIO-RAD LABORATORIES, INC.

Ticker: BIOHealthcareMedical Instruments
HQ HERCULES, CACIK 12208FY end 12-31Book / share $267.16Shares 27M
Revenue (FY)
$2.58B+0.65%
TTM $2.59B
Op. margin
1.83%-8.65%
TTM 2.05%
Net income
Operating cash
$532.20M+16.92%
TTM $492.60M
Free cash flow
$374.60M+29.35%
TTM $353.10M
Return on equity
12.37%+40.44%
TTM 3.10%
Debt / equity
0.16-0.02%
TTM 0.17
Shares outstanding
27.3M-3.31%
TTM 26.9M

The business

Bio-Rad Laboratories, Inc. (NASDAQ: BIO) is a multinational life science and clinical diagnostics company that develops, manufactures, and markets a broad portfolio of instruments, systems, reagents, and consumables. The company operates through two primary business segments: Life Science, which generates approximately 40% of consolidated net sales, and Clinical Diagnostics, which accounts for approximately 60% of net sales.

The Life Science segment develops products used to separate, purify, characterize, and quantify biological materials including cells, proteins, and nucleic acids. These products serve research and biopharmaceutical laboratory environments, biopharmaceutical manufacturing, quality control processes, food safety testing, and science education applications. The company estimates the worldwide market for life science products it serves at approximately $19 billion.

The Clinical Diagnostics segment designs and manufactures diagnostic test systems, informatics solutions, test kits, and quality controls for clinical laboratories. The company supplies several thousand products supporting more than 300 clinical diagnostic tests within the in vitro diagnostics market, with an estimated worldwide market size of approximately $16 billion. Clinical diagnostics revenue is largely recurring, as laboratories standardize on specific testing platforms that generate ongoing sales of test kits and consumables.

Bio-Rad maintains direct operations in over 36 countries outside the United States, with approximately 60% of consolidated net sales generated internationally and Europe representing the largest international region. The company employs approximately 7,450 full-time employees worldwide, with roughly 46% located in the Americas, 36% in Europe, the Middle East and Africa, and 18% in Asia Pacific. The company operates in 37 different countries globally.

The company holds over 2,100 U.S. and international patents and numerous trademarks. Bio-Rad also maintains a significant investment in Sartorius AG, owning approximately 38% of outstanding ordinary shares and 28% of preference shares as of December 31, 2025, with a fair value of $5.67 billion. The company's website is www.bio-rad.com.

Sector
Healthcare
Industry
Medical Instruments
HQ
HERCULES, CA
FY end
12-31
CIK
12208
SIC
3826
Financial performance · annual
20132025
$-292.25M$584.51M$1.46B$2.34B$3.21B2013201420152016201720182019202020212022202320242025TTMTTM

Ownership

Who holds BIO-RAD LABORATORIES, INC. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

350
funds hold it
0 of 35
superinvestors hold it
$2.76B
fund-held value
43.9%
of shares held by funds
2
bond issues held by funds

Top fund holders

Fund% of fundValue
First Eagle Global Fund
SGENX · First Eagle Funds
0.70%$526.27M
SMALLCAP World Fund Inc
SMCWX
0.27%$258.88M
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.15%$181.07M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$171.70M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%$124.25M

By share class

ClassHeld by fundsFundsShares out
BIOClass A Common Stock, Par Value $0.0001 per share43.9%35021.7M
BIO/BClass B Common Stock, Par Value $0.0001 per share0.0%15.1M

Bonds held by funds

Funds report holding 2 issues of BIO-RAD LABORATORIES, INC.'s debt, $162.67M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.51%, maturing 20272032.

IssueCouponMaturesFundsFund-held
BIO-RAD LABS3.700%2032-03-1537$86.05M
Bio-Rad Laboratories, Inc.3.300%2027-03-1522$76.62M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of BIO-RAD LABORATORIES, INC.'s financials

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