Bio-Techne (TECH)
Health Care · Life sciences research reagents and instruments
Life sciences research tools and reagent company providing antibodies, proteins, and lab instrumentation to global academic and biopharma customers.
What Bio-Techne does
Bio-Techne Corporation manufactures and sells research reagents, antibodies, proteins, and laboratory instruments used in drug discovery, clinical diagnostics, and life sciences research. The company serves pharmaceutical, biotechnology, academic, and clinical laboratory customers through a portfolio of brands and products focused on protein analysis, cell analysis, and drug development tools. Revenue derives primarily from consumables and instruments sold globally, with operations across North America, Europe, and Asia-Pacific.
Themes: ["life sciences research tools","drug discovery and development","biomarker discovery","clinical diagnostics","cell and molecular biology","high-content screening"]
Fundamentals
- Price$71.15 as of 2026-07-09 close
- Market cap$11.1B as of 2026-07-10
- 1-year return+35.3% as of 2026-07-09 close
- P/E102.47 as of 2026-07-10
- Net margin+9.0% as of 2026-07-10
- Gross margin+66.4% as of 2026-07-10
- ROE+5.4% as of 2026-07-10
- Debt / equity0.10 as of 2026-07-10
- Revenue growth (YoY)+0.2% as of 2026-07-10
- Revenue CAGR (3y)+3.3% SEC XBRL
- Beta1.28 as of 2026-07-10
Dividend: yield +0.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dependence on pharmaceutical and biotech customer spending which can fluctuate with R&D budgets and market cycles","Competition from larger diversified life sciences companies and specialized reagent suppliers","Significant goodwill and intangible asset balances ($1.3B combined) create impairment risk if acquired brands underperform"]
Competitors & peers
- Thermo Fisher Scientific
- Merck (EMD Millipore division)
- Becton Dickinson
- Qiagen
- Charles River Laboratories
- Avantor
- Abcam
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.