BDX vs MDT

Becton Dickinson (BDX) and Medtronic (MDT) compared side by side. Medtronic (MDT) is larger, with a market cap of $122.0B versus $54.2B for Becton Dickinson, about 2.3 times the size. On trailing earnings, MDT is cheaper at 23.4x versus 46.3x for BDX.

Head to head

MetricBDXMDT
Market cap$54.2B$122.0B
P/E (TTM)46.3x23.4x
Forward P/E15.0x14.9x
Revenue (TTM)$22.5B$37.5B
Revenue growth5.4%13.7%
Gross margin46.9%65.3%
Operating margin15.7%19.3%
Free cash flow$2.5B$6.1B
Dividend yield2.11%3.02%
1-year return+39.0%+4.6%
5-year return (annual)+2.8%-1.9%
Max drawdown-52%-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)

$6.0K
$8.0K
$10.0K
$12.0K
20222023202420252026
BDXMDT

BDX vs MDT FAQ

Which is bigger, BDX or MDT?

Medtronic (MDT) is larger, with a market cap of $122.0B versus $54.2B for Becton Dickinson, about 2.3 times the size.

Is BDX or MDT cheaper?

On trailing earnings, MDT is cheaper at 23.4x versus 46.3x for BDX. A lower P/E can reflect slower expected growth, so compare growth and margins too.

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

BDX returned +39.0% over the past year including dividends, versus +4.6% for MDT, through October 23, 2026.

Which pays a higher dividend, BDX or MDT?

MDT yields 3.02% versus 2.11% for BDX.

Full pages: Becton Dickinson · Medtronic