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).
Total return — MDT vs SYK
growth of $100 · last 30yMDT +466.5%SYK +4798.7%SYK compounded faster
Log scale — wide-divergence pair
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 8It 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
| Metric | MDT | SYK |
|---|---|---|
| P/E ratio | 21.55● | 35.95 |
| Forward P/E | 12.58● | 18.56 |
| P/S ratio | 2.85● | 4.75 |
| P/B ratio | 2.11● | 5.22 |
| PEG ratio | 6.73 | 5.16● |
| EV / EBITDA | 13.03● | 21.49 |
| FCF yield | 5.24%● | 3.81% |
Profitability
| Metric | MDT | SYK |
|---|---|---|
| Gross margin | 65.02%● | 63.67% |
| Operating margin | 17.78% | 21.34%● |
| Net margin | 13.20% | 13.21% |
| ROE | 9.80% | 14.52%● |
| ROIC | 0.00% | 8.53%● |
Dividends
| Metric | MDT | SYK |
|---|---|---|
| Dividend yield | 3.53%● | 1.11% |
| Payout ratio | 75.73% | 40.52% |
Growth (annualized)
| Metric | MDT | SYK |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Medtronic P/E ratioStryker P/E ratioMedtronic dividend yieldStryker dividend yieldMedtronic ROEStryker ROEMedtronic operating marginStryker operating marginMedtronic revenue growthStryker revenue growthMedtronic free cash flowStryker free cash flow
Medtronic & Stryker 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 16, 2026.