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).
Total return — ISRG vs MRK
growth of $100 · last 26yISRG +20419.7%MRK +69.7%ISRG compounded faster
Log scale — wide-divergence pair
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 11It depends on what you're optimizing for:
ValueMRK(lower P/E)
GrowthISRG(faster 5Y revenue CAGR)
QualityMRK(higher ROIC)
Metrics side by side
Valuation
| Metric | ISRG | MRK |
|---|---|---|
| P/E ratio | 50.49 | 32.37● |
| Forward P/E | 35.38 | 11.92● |
| P/S ratio | 14.16 | 4.33● |
| P/B ratio | 8.58 | 6.19● |
| PEG ratio | 3.17 | 1.81● |
| EV / EBITDA | 35.89 | 18.99● |
| FCF yield | 1.89% | 4.97%● |
Profitability
| Metric | ISRG | MRK |
|---|---|---|
| Gross margin | 66.29% | 75.91%● |
| Operating margin | 30.45%● | 27.59% |
| Net margin | 28.15%● | 13.62% |
| ROE | 17.05% | 19.48%● |
| ROIC | 13.71% | 18.27%● |
Dividends
| Metric | ISRG | MRK |
|---|---|---|
| Dividend yield | — | 3.63% |
| Payout ratio | — | 57.12% |
Growth (annualized)
| Metric | ISRG | MRK |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Intuitive Surgical P/E ratioMerck & P/E ratioIntuitive Surgical dividend yieldMerck & dividend yieldIntuitive Surgical ROEMerck & ROEIntuitive Surgical operating marginMerck & operating marginIntuitive Surgical revenue growthMerck & revenue growthIntuitive Surgical free cash flowMerck & free cash flow
Intuitive Surgical & Merck & 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 15, 2026.