Intuitive Surgical, Inc. logo
ISRGIntuitive Surgical, Inc.

The forward PE ratio is 39.74 as of Thursday, July 9, 2026.

Forward PE Ratio (39.74) = Close Price ($411.55) / Consensus Forward EPS ($10.45)

ISRG Forward PE Ratio Metrics

FORWARD PE RATIO

39.74

ISRG Competitors' Forward PE Ratio

ISRG

Intuitive Surgical, Inc.

Current

Market Cap

$145.76B

Forward PE Ratio

39.74

DHR

Danaher Corporation

vs ISRG

Market Cap

$138.71B

Forward PE Ratio

22.58

PFE

Pfizer Inc.

vs ISRG

Market Cap

$138.21B

Forward PE Ratio

8.14

CVS

CVS Health Corp.

vs ISRG

Market Cap

$131.18B

Forward PE Ratio

14.08

ABT

Abbott Laboratories

vs ISRG

Market Cap

$164.43B

Forward PE Ratio

17.39

VRTX

Vertex Pharmaceuticals Incorporated

vs ISRG

Market Cap

$126.01B

Forward PE Ratio

25.80

SYK

Stryker Corporation

vs ISRG

Market Cap

$125.40B

Forward PE Ratio

21.82

GILD

Gilead Sciences, Inc.

vs ISRG

Market Cap

$167.41B

Forward PE Ratio

N/A

BMY

Bristol-Myers Squibb Company

vs ISRG

Market Cap

$118.32B

Forward PE Ratio

9.11

MDT

Medtronic plc

vs ISRG

Market Cap

$105.46B

Forward PE Ratio

14.86

Trailing vs Forward

Trailing P/E

50.3

reported TTM EPS

Forward P/E

39.7

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.45 implies +26.7% EPS growth vs the reported trailing $8.25.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $411.55 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$10.45$10.18 – $10.641739.4x
2027-12-31$11.84$11.47 – $12.321834.8x
2028-12-31$13.43$11.79 – $14.611030.6x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Intuitive Surgical, Inc. (ISRG)?
The forward PE ratio for ISRG stock is 39.74.

About Intuitive Surgical, Inc.

Intuitive Surgical, Inc. is a leading medical technology firm dedicated to advancing patient care by developing, producing, and commercializing sophisticated tools. These innovations empower medical professionals to deliver superior, accessible, and less-invasive treatment options to patients both within the United States and across international markets. Its flagship offering, the da Vinci Surgical System, facilitates intricate operations through a minimally disruptive approach. Expanding beyond surgical applications, the company also provides the Ion endoluminal system, designed for diagnostic interventions like minimally invasive lung biopsies. Complementing its primary systems, Intuitive Surgical supplies a comprehensive array of instruments, including stapling tools, energy devices, and essential core components. Furthermore, it offers structured training programs to ensure proficient use of its technology, alongside extensive customer support services encompassing installation, repairs, and ongoing maintenance. The firm also integrates digital capabilities to deliver unified, connected solutions that optimize hospital performance through actionable insights. Established in 1995, Intuitive Surgical maintains its corporate headquarters in Sunnyvale, California.

Sunnyvale, CA
15,638 employees
Healthcare / Medical - Devices
Sector
Healthcare
Industry
Medical - Devices
CEO
David J. Rosa