Intuitive Surgical, Inc. (ISRG) vs Merck & Co., Inc. (MRK)

MRK leads on 11 of 15 compared metrics.

A side-by-side comparison of Intuitive Surgical, Inc. and Merck & Co., Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ISRG vs MRK

growth of $100 · last 26y
ISRG +20419.7%MRK +69.7%ISRG compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020052010201520202025$20,520$170
ISRG MRK

ISRG vs MRK: by the numbers

  • MRK is the larger company ($283.78B vs $147.53B market cap).
  • MRK trades at the lower earnings multiple (32.37 vs 50.49 P/E).
  • ISRG converts more revenue to profit (28.15% vs 13.62% net margin).
  • ISRG grew revenue faster over the past five years (18.39% vs 8.60% CAGR).
  • MRK pays a dividend (3.63% yield) while ISRG does not currently pay one.

Which is better, ISRG or MRK?

Metric tally: ISRG 4 · MRK 11

It depends on what you're optimizing for:

ValueMRK(lower P/E)
GrowthISRG(faster 5Y revenue CAGR)
QualityMRK(higher ROIC)

Metrics side by side

Valuation

MetricISRGMRK
P/E ratio50.4932.37
Forward P/E35.3811.92
P/S ratio14.164.33
P/B ratio8.586.19
PEG ratio3.171.81
EV / EBITDA35.8918.99
FCF yield1.89%4.97%

Profitability

MetricISRGMRK
Gross margin66.29%75.91%
Operating margin30.45%27.59%
Net margin28.15%13.62%
ROE17.05%19.48%
ROIC13.71%18.27%

Dividends

MetricISRGMRK
Dividend yield3.63%
Payout ratio57.12%

Growth (annualized)

MetricISRGMRK
Revenue CAGR (5Y)18.39%8.60%
EPS CAGR (5Y)21.51%21.21%
FCF CAGR (5Y)16.61%15.69%
Total return CAGR (5Y)7.45%12.14%

Frequently asked

Which is better, ISRG or MRK?
It depends on your goal. value: MRK (lower P/E); growth: ISRG (faster 5Y revenue CAGR); quality: MRK (higher ROIC). Across all compared metrics, MRK leads 11 to 4.
Is ISRG or MRK cheaper?
On trailing earnings, MRK is cheaper: ISRG trades at a 50.49 P/E and MRK at 32.37.
Which has grown faster, ISRG or MRK?
Over the past five years, ISRG grew revenue faster — ISRG at a 18.39% CAGR versus MRK at 8.60%.
Does ISRG or MRK pay a bigger dividend?
MRK pays a dividend (3.63% yield) while ISRG does not currently pay one.
Is ISRG or MRK more profitable?
ISRG runs the higher net margin — ISRG at 28.15% versus MRK at 13.62%.
Which has been the better investment, ISRG or MRK?
Over the past 10-year, ISRG delivered the higher annualized total return — ISRG at 19.24% versus MRK at 11.31%. 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 June 15, 2026.