Abbott Laboratories (ABT) vs Medtronic plc (MDT)

A side-by-side comparison of Abbott Laboratories and Medtronic plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnABT vs MDT

growth of $100 · dividends reinvested · last 10y
ABT +193.7% (+11.4%/yr)MDT +37.9% (+3.3%/yr)ABT compounded faster over this window
100200300400Start $10020182020202220242026$294$138
ABT MDT

ABT vs MDT: by the numbers

  • ABT is the larger company ($177.12B vs $118.53B market cap).
  • MDT trades at the lower trailing earnings multiple (22.81 vs 32.91 P/E), one valuation lens rather than an overall verdict.
  • MDT converts more revenue to profit (13.93% vs 11.65% net margin).
  • MDT grew revenue faster over the past five years (3.51% vs 2.98% CAGR).
  • MDT pays the higher dividend yield (3.13% vs 2.43%).

Metrics side by side

Valuation

MetricABTMDT
P/E ratio32.9122.81
Forward P/E18.5515.50
P/S ratio3.803.16
P/B ratio3.472.36
EV / EBITDA18.7915.05
FCF yield4.47%5.17%

Profitability

MetricABTMDT
Gross margin56.80%66.69%
Operating margin17.03%18.08%
Net margin11.65%13.93%
ROE10.61%10.41%
ROIC6.07%6.44%

Dividends

MetricABTMDT
Dividend yield2.43%3.13%
Payout ratio79.74%70.20%

Growth (annualized)

MetricABTMDT
Revenue CAGR (5Y)2.98%3.51%
EPS CAGR (5Y)8.22%6.97%
FCF CAGR (5Y)0.18%0.93%
Total return CAGR (5Y)-2.69%-4.10%

Frequently asked

Which has the lower trailing P/E, ABT or MDT?
MDT has the lower trailing P/E: ABT trades at 32.91 and MDT at 22.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ABT or MDT?
Over the past five years, MDT grew revenue faster — ABT at a 2.98% CAGR versus MDT at 3.51%.
Does ABT or MDT pay a bigger dividend?
ABT yields 2.43% and MDT yields 3.13% based on trailing dividends and the latest price.
Is ABT or MDT more profitable?
MDT runs the higher net margin — ABT at 11.65% versus MDT at 13.93%.
How have ABT and MDT total returns compared?
Over the past 10 years, ABT delivered 11.61% and MDT delivered 3.40% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.