BSX vs MDT

Boston Scientific (BSX) and Medtronic (MDT) compared side by side. Medtronic (MDT) is larger, with a market cap of $122.0B versus $66.2B for Boston Scientific, about 1.8 times the size. On trailing earnings, BSX is cheaper at 18.5x versus 23.4x for MDT.

Head to head

MetricBSXMDT
Market cap$66.2B$122.0B
P/E (TTM)18.5x23.4x
Forward P/E13.5x14.9x
Revenue (TTM)$21.0B$37.5B
Revenue growth7.5%13.7%
Gross margin69.2%65.3%
Operating margin22.9%19.3%
Free cash flow$1.8B$6.1B
Dividend yieldNone3.02%
1-year return-55.4%+4.6%
5-year return (annual)+0.4%-1.9%
Max drawdown-89%-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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BSXMDT

BSX vs MDT FAQ

Which is bigger, BSX or MDT?

Medtronic (MDT) is larger, with a market cap of $122.0B versus $66.2B for Boston Scientific, about 1.8 times the size.

Is BSX or MDT cheaper?

On trailing earnings, BSX is cheaper at 18.5x versus 23.4x for MDT. A lower P/E can reflect slower expected growth, so compare growth and margins too.

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

MDT returned +4.6% over the past year including dividends, versus -55.4% for BSX, through October 23, 2026.

Which pays a higher dividend, BSX or MDT?

MDT yields 3.02%; BSX does not pay a dividend.

Full pages: Boston Scientific · Medtronic