Intuitive Surgical, Inc. (ISRG) vs Medtronic plc (MDT)
A side-by-side comparison of Intuitive Surgical, Inc. 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.
ISRG
Intuitive Surgical, Inc.
$377.94HealthcareDelayed quote: Sep 14, 2026, 4:00 PM EDT
MDT
Medtronic plc
$93.80HealthcareDelayed quote: Sep 14, 2026, 4:00 PM EDT
Total return — ISRG vs MDT
growth of $100 · dividends reinvested · last 10yISRG +384.1% (+17.1%/yr)MDT +37.9% (+3.3%/yr)ISRG compounded faster over this window
ISRG MDT
ISRG vs MDT: by the numbers
- •ISRG is the larger company ($133.52B vs $120.07B market cap).
- •MDT trades at the lower trailing earnings multiple (23.10 vs 43.00 P/E), one valuation lens rather than an overall verdict.
- •ISRG converts more revenue to profit (28.45% vs 13.93% net margin).
- •ISRG grew revenue faster over the past five years (16.41% vs 3.51% CAGR).
- •MDT pays a dividend (3.13% yield), while ISRG has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ISRG | MDT |
|---|---|---|
| P/E ratio | 43.00 | 23.10 |
| Forward P/E | 35.00 | 15.70 |
| P/S ratio | 12.10 | 3.20 |
| P/B ratio | 7.35 | 2.39 |
| EV / EBITDA | 30.90 | 15.21 |
| FCF yield | 2.41% | 5.11% |
Profitability
| Metric | ISRG | MDT |
|---|---|---|
| Gross margin | 66.68% | 66.69% |
| Operating margin | 31.28% | 18.08% |
| Net margin | 28.45% | 13.93% |
| ROE | 17.28% | 10.41% |
| ROIC | 15.11% | 6.44% |
Dividends
| Metric | ISRG | MDT |
|---|---|---|
| Dividend yield | N/A | 3.13% |
| Payout ratio | N/A | 70.20% |
Growth (annualized)
| Metric | ISRG | MDT |
|---|---|---|
| Revenue CAGR (5Y) | 16.41% | 3.51% |
| EPS CAGR (5Y) | 21.51% | 6.97% |
| FCF CAGR (5Y) | 14.17% | 0.93% |
| Total return CAGR (5Y) | 1.59% | -4.10% |
Frequently asked
- Which has the lower trailing P/E, ISRG or MDT?
- MDT has the lower trailing P/E: ISRG trades at 43.00 and MDT at 23.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ISRG or MDT?
- Over the past five years, ISRG grew revenue faster — ISRG at a 16.41% CAGR versus MDT at 3.51%.
- Does ISRG or MDT pay a bigger dividend?
- MDT pays a dividend (3.13% yield), while ISRG has no payments in the available dividend history.
- Is ISRG or MDT more profitable?
- ISRG runs the higher net margin — ISRG at 28.45% versus MDT at 13.93%.
- How have ISRG and MDT total returns compared?
- Over the past 10 years, ISRG delivered 17.25% and MDT delivered 3.40% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Intuitive Surgical P/E ratioMedtronic P/E ratioMedtronic dividend yieldIntuitive Surgical ROEMedtronic ROEIntuitive Surgical operating marginMedtronic operating marginIntuitive Surgical revenue growthMedtronic revenue growthIntuitive Surgical free cash flowMedtronic free cash flow
Intuitive Surgical & 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.