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.
ABT
Abbott Laboratories
$102.36HealthcareDelayed quote: Sep 16, 2026, 3:59 PM EDT
MDT
Medtronic plc
$92.60HealthcareDelayed quote: Sep 16, 2026, 4:00 PM EDT
Total return — ABT vs MDT
growth of $100 · dividends reinvested · last 10yABT +193.7% (+11.4%/yr)MDT +37.9% (+3.3%/yr)ABT compounded faster over this window
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
| Metric | ABT | MDT |
|---|---|---|
| P/E ratio | 32.91 | 22.81 |
| Forward P/E | 18.55 | 15.50 |
| P/S ratio | 3.80 | 3.16 |
| P/B ratio | 3.47 | 2.36 |
| EV / EBITDA | 18.79 | 15.05 |
| FCF yield | 4.47% | 5.17% |
Profitability
| Metric | ABT | MDT |
|---|---|---|
| Gross margin | 56.80% | 66.69% |
| Operating margin | 17.03% | 18.08% |
| Net margin | 11.65% | 13.93% |
| ROE | 10.61% | 10.41% |
| ROIC | 6.07% | 6.44% |
Dividends
| Metric | ABT | MDT |
|---|---|---|
| Dividend yield | 2.43% | 3.13% |
| Payout ratio | 79.74% | 70.20% |
Growth (annualized)
| Metric | ABT | MDT |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Abbott Laboratories P/E ratioMedtronic P/E ratioAbbott Laboratories dividend yieldMedtronic dividend yieldAbbott Laboratories ROEMedtronic ROEAbbott Laboratories operating marginMedtronic operating marginAbbott Laboratories revenue growthMedtronic revenue growthAbbott Laboratories free cash flowMedtronic free cash flow
Abbott Laboratories & Medtronic appear in these rankings
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.