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 July 29, 2026. Differences are shown without an overall score or investment verdict.
ISRG
Intuitive Surgical, Inc.
$353.10HealthcareDelayed quote: Jul 29, 2026, 4:00 PM EDT
MDT
Medtronic plc
$87.54HealthcareAt close: Jul 29, 2026, 4:00 PM ET
Total return — ISRG vs MDT
growth of $100 · dividends reinvested · last 26yISRG +17722.7%MDT +182.2%ISRG compounded faster
Log scale — wide-divergence pair
ISRG MDT
ISRG vs MDT: by the numbers
- •ISRG is the larger company ($124.74B vs $112.06B market cap).
- •MDT trades at the lower trailing earnings multiple (23.47 vs 41.16 P/E), one valuation lens rather than an overall verdict.
- •ISRG converts more revenue to profit (28.45% vs 13.20% net margin).
- •ISRG grew revenue faster over the past five years (16.41% vs 5.18% CAGR).
- •MDT pays a dividend (3.26% yield), while ISRG has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ISRG | MDT |
|---|---|---|
| P/E ratio | 41.16 | 23.47 |
| Forward P/E | 33.60 | 15.86 |
| P/S ratio | 11.75 | 3.10 |
| P/B ratio | 7.14 | 2.28 |
| PEG ratio | 3.17 | 6.72 |
| EV / EBITDA | 30.00 | 14.87 |
| FCF yield | 2.48% | 4.81% |
Profitability
| Metric | ISRG | MDT |
|---|---|---|
| Gross margin | 66.68% | 65.02% |
| Operating margin | 31.28% | 17.78% |
| Net margin | 28.45% | 13.20% |
| ROE | 17.28% | 9.70% |
| ROIC | 13.71% | 6.13% |
Dividends
| Metric | ISRG | MDT |
|---|---|---|
| Dividend yield | N/A | 3.26% |
| Payout ratio | N/A | 76.00% |
Growth (annualized)
| Metric | ISRG | MDT |
|---|---|---|
| Revenue CAGR (5Y) | 16.41% | 5.18% |
| EPS CAGR (5Y) | 21.51% | 0.83% |
| FCF CAGR (5Y) | 14.17% | 3.07% |
| Total return CAGR (5Y) | 2.22% | -4.77% |
Frequently asked
- Which has the lower trailing P/E, ISRG or MDT?
- MDT has the lower trailing P/E: ISRG trades at 41.16 and MDT at 23.47. 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 5.18%.
- Does ISRG or MDT pay a bigger dividend?
- MDT pays a dividend (3.26% 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 13.20%.
- How have ISRG and MDT total returns compared?
- Over the past 10 years, ISRG delivered 16.79% and MDT delivered 2.68% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Intuitive Surgical P/E ratioMedtronic P/E ratioIntuitive Surgical dividend yieldMedtronic 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 July 29, 2026.