Medtronic plc (MDT) vs Stryker Corporation (SYK)

MDT and SYK are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Medtronic plc and Stryker Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — MDT vs SYK

growth of $100 · last 30y
MDT +466.5%SYK +4798.7%SYK compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$567$4,899
MDT SYK

MDT vs SYK: by the numbers

  • SYK is the larger company ($119.06B vs $104.05B market cap).
  • MDT trades at the lower earnings multiple (21.55 vs 35.95 P/E).
  • SYK grew revenue faster over the past five years (11.42% vs 5.18% CAGR).
  • MDT pays the higher dividend yield (3.53% vs 1.11%).

Which is better, MDT or SYK?

Metric tally: MDT 8 · SYK 8

It depends on what you're optimizing for:

ValueMDT(lower P/E)
GrowthSYK(faster 5Y revenue CAGR)
IncomeMDT(higher dividend yield)
QualitySYK(higher ROIC)

Metrics side by side

Valuation

MetricMDTSYK
P/E ratio21.5535.95
Forward P/E12.5818.56
P/S ratio2.854.75
P/B ratio2.115.22
PEG ratio6.735.16
EV / EBITDA13.0321.49
FCF yield5.24%3.81%

Profitability

MetricMDTSYK
Gross margin65.02%63.67%
Operating margin17.78%21.34%
Net margin13.20%13.21%
ROE9.80%14.52%
ROIC0.00%8.53%

Dividends

MetricMDTSYK
Dividend yield3.53%1.11%
Payout ratio75.73%40.52%

Growth (annualized)

MetricMDTSYK
Revenue CAGR (5Y)5.18%11.42%
EPS CAGR (5Y)0.83%14.79%
FCF CAGR (5Y)3.07%11.01%
Total return CAGR (5Y)-5.46%4.98%

Frequently asked

Which is better, MDT or SYK?
It depends on your goal. value: MDT (lower P/E); growth: SYK (faster 5Y revenue CAGR); income: MDT (higher dividend yield); quality: SYK (higher ROIC). Across all compared metrics, they are evenly matched.
Is MDT or SYK cheaper?
On trailing earnings, MDT is cheaper: MDT trades at a 21.55 P/E and SYK at 35.95.
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 11.42%.
Does MDT or SYK pay a bigger dividend?
MDT yields 3.53% and SYK yields 1.11% based on trailing dividends and the latest price.
Which has been the better investment, MDT or SYK?
Over the past 10-year, SYK delivered the higher annualized total return — MDT at 2.22% versus SYK at 11.71%. 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 16, 2026.