Which has the lower trailing P/E, MDT or SYK?

MDT has the lower trailing P/E: MDT trades at 22.98 and SYK at 33.75. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MDT or SYK?

Over the past five years, SYK grew revenue faster — MDT at a 5.18% CAGR versus SYK at 9.72%.

Does MDT or SYK pay a bigger dividend?

MDT yields 3.33% and SYK yields 1.07% based on trailing dividends and the latest price.

Is MDT or SYK more profitable?

SYK runs the higher net margin — MDT at 13.20% versus SYK at 14.43%.

How have MDT and SYK total returns compared?

Over the past 10 years, MDT delivered 2.48% and SYK delivered 12.07% annualized total return. Past performance doesn't predict future results.

Medtronic plc (MDT) vs Stryker Corporation (SYK)

A side-by-side comparison of Medtronic plc and Stryker Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

MDT

Medtronic plc

$109.30B

$85.39HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT

SYK

Stryker Corporation

$124.86B

$325.70HealthcareDelayed quote: Jul 31, 2026, 4:00 PM EDT

Total return — MDT vs SYK

growth of $100 · dividends reinvested · last 30y

MDT +1103.2%SYK +6840.2%SYK compounded faster

Log scale — wide-divergence pair

MDT SYK

MDT vs SYK: by the numbers

•SYK is the larger company ($124.86B vs $109.30B market cap).
•MDT trades at the lower trailing earnings multiple (22.98 vs 33.75 P/E), one valuation lens rather than an overall verdict.
•SYK converts more revenue to profit (14.43% vs 13.20% net margin).
•SYK grew revenue faster over the past five years (9.72% vs 5.18% CAGR).
•MDT pays the higher dividend yield (3.33% vs 1.07%).

Metrics side by side

Valuation

Metric	MDT	SYK
P/E ratio	22.98	33.75
Forward P/E	15.53	21.73
P/S ratio	3.04	4.87
P/B ratio	2.23	2.62
PEG ratio	6.72	5.16
EV / EBITDA	14.61	20.56
FCF yield	4.91%	3.63%

Profitability

Metric	MDT	SYK
Gross margin	65.02%	65.17%
Operating margin	17.78%	22.03%
Net margin	13.20%	14.43%
ROE	9.70%	7.78%
ROIC	6.13%	8.53%

Dividends

Metric	MDT	SYK
Dividend yield	3.33%	1.07%
Payout ratio	76.00%	40.99%

Growth (annualized)

Metric	MDT	SYK
Revenue CAGR (5Y)	5.18%	9.72%
EPS CAGR (5Y)	0.83%	14.79%
FCF CAGR (5Y)	3.07%	11.01%
Total return CAGR (5Y)	-5.22%	4.83%

Frequently asked

Which has the lower trailing P/E, MDT or SYK?: MDT has the lower trailing P/E: MDT trades at 22.98 and SYK at 33.75. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MDT or SYK?: Over the past five years, SYK grew revenue faster — MDT at a 5.18% CAGR versus SYK at 9.72%.
Does MDT or SYK pay a bigger dividend?: MDT yields 3.33% and SYK yields 1.07% based on trailing dividends and the latest price.
Is MDT or SYK more profitable?: SYK runs the higher net margin — MDT at 13.20% versus SYK at 14.43%.
How have MDT and SYK total returns compared?: Over the past 10 years, MDT delivered 2.48% and SYK delivered 12.07% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MDT analysis Full SYK analysis Interactive comparison tool

Dig into the metrics

Medtronic P/E ratio Stryker P/E ratio Medtronic dividend yield Stryker dividend yield Medtronic ROE Stryker ROE Medtronic operating margin Stryker operating margin Medtronic revenue growth Stryker revenue growth Medtronic free cash flow Stryker free cash flow

Medtronic & Stryker appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest FCF Yield Stocks

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 31, 2026.