ABT vs MDT

Abbott Laboratories (ABT) and Medtronic (MDT) compared side by side. Abbott Laboratories (ABT) is larger, with a market cap of $179.4B versus $122.0B for Medtronic, about 1.5 times the size. On trailing earnings, MDT is cheaper at 23.4x versus 38.6x for ABT.

Head to head

MetricABTMDT
Market cap$179.4B$122.0B
P/E (TTM)38.6x23.4x
Forward P/E17.4x14.9x
Revenue (TTM)$48.2B$37.5B
Revenue growth14.5%13.7%
Gross margin57.1%65.3%
Operating margin11.3%19.3%
Free cash flow$7.4B$6.1B
Dividend yield2.43%3.02%
1-year return-15.9%+4.6%
5-year return (annual)-2.0%-1.9%
Max drawdown-46%-73%
FI Handbook gradeC+B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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ABTMDT

ABT vs MDT FAQ

Which is bigger, ABT or MDT?

Abbott Laboratories (ABT) is larger, with a market cap of $179.4B versus $122.0B for Medtronic, about 1.5 times the size.

Is ABT or MDT cheaper?

On trailing earnings, MDT is cheaper at 23.4x versus 38.6x for ABT. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, ABT or MDT?

MDT returned +4.6% over the past year including dividends, versus -15.9% for ABT, through October 23, 2026.

Which pays a higher dividend, ABT or MDT?

MDT yields 3.02% versus 2.43% for ABT.

Full pages: Abbott Laboratories · Medtronic