Boston Scientific Corporation (BSX) vs Medtronic plc (MDT)
BSX leads on 11 of 15 compared metrics.
A side-by-side comparison of Boston Scientific Corporation and Medtronic plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — BSX vs MDT
growth of $100 · last 30yBSX +352.3%MDT +462.0%MDT compounded faster
BSX MDT
BSX vs MDT: by the numbers
- •MDT is the larger company ($103.29B vs $66.81B market cap).
- •BSX trades at the lower earnings multiple (18.89 vs 21.80 P/E).
- •BSX converts more revenue to profit (17.24% vs 13.20% net margin).
- •BSX grew revenue faster over the past five years (15.29% vs 5.18% CAGR).
- •MDT pays a dividend (3.49% yield) while BSX does not currently pay one.
Which is better, BSX or MDT?
Metric tally: BSX 11 · MDT 4It depends on what you're optimizing for:
ValueBSX(lower P/E)
GrowthBSX(faster 5Y revenue CAGR)
QualityBSX(higher ROIC)
Metrics side by side
Valuation
| Metric | BSX | MDT |
|---|---|---|
| P/E ratio | 18.89● | 21.80 |
| Forward P/E | 12.07● | 12.73 |
| P/S ratio | 3.26 | 2.88● |
| P/B ratio | 2.60 | 2.14● |
| PEG ratio | 0.88● | 6.73 |
| EV / EBITDA | 13.55 | 13.03● |
| FCF yield | 5.12% | 5.18% |
Profitability
| Metric | BSX | MDT |
|---|---|---|
| Gross margin | 70.41%● | 65.02% |
| Operating margin | 20.12%● | 17.78% |
| Net margin | 17.24%● | 13.20% |
| ROE | 13.74%● | 9.80% |
| ROIC | 8.78%● | 0.00% |
Dividends
| Metric | BSX | MDT |
|---|---|---|
| Dividend yield | — | 3.49% |
| Payout ratio | — | 75.73% |
Growth (annualized)
| Metric | BSX | MDT |
|---|---|---|
| Revenue CAGR (5Y) | 15.29%● | 5.18% |
| EPS CAGR (5Y) | -8.67% | 0.83%● |
| FCF CAGR (5Y) | 19.89%● | 3.07% |
| Total return CAGR (5Y) | 0.73%● | -5.64% |
Frequently asked
- Which is better, BSX or MDT?
- It depends on your goal. value: BSX (lower P/E); growth: BSX (faster 5Y revenue CAGR); quality: BSX (higher ROIC). Across all compared metrics, BSX leads 11 to 4.
- Is BSX or MDT cheaper?
- On trailing earnings, BSX is cheaper: BSX trades at a 18.89 P/E and MDT at 21.80.
- Which has grown faster, BSX or MDT?
- Over the past five years, BSX grew revenue faster — BSX at a 15.29% CAGR versus MDT at 5.18%.
- Does BSX or MDT pay a bigger dividend?
- MDT pays a dividend (3.49% yield) while BSX does not currently pay one.
- Is BSX or MDT more profitable?
- BSX runs the higher net margin — BSX at 17.24% versus MDT at 13.20%.
- Which has been the better investment, BSX or MDT?
- Over the past 10-year, BSX delivered the higher annualized total return — BSX at 7.17% versus MDT at 2.19%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Boston Scientific P/E ratioMedtronic P/E ratioBoston Scientific dividend yieldMedtronic dividend yieldBoston Scientific ROEMedtronic ROEBoston Scientific operating marginMedtronic operating marginBoston Scientific revenue growthMedtronic revenue growthBoston Scientific free cash flowMedtronic free cash flow
Boston Scientific & 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 June 17, 2026.