ISRG vs MDT
Intuitive Surgical (ISRG) and Medtronic (MDT) compared side by side. Intuitive Surgical (ISRG) is larger, with a market cap of $159.8B versus $122.0B for Medtronic, about 1.3 times the size. On trailing earnings, MDT is cheaper at 23.4x versus 54.7x for ISRG.
Head to head
| Metric | ISRG | MDT |
|---|---|---|
| Market cap | $159.8B | $122.0B |
| P/E (TTM) | 54.7x | 23.4x |
| Forward P/E | 36.4x | 14.9x |
| Revenue (TTM) | $11.6B | $37.5B |
| Revenue growth | 21.7% | 13.7% |
| Gross margin | 66.6% | 65.3% |
| Operating margin | 33.3% | 19.3% |
| Free cash flow | $3.2B | $6.1B |
| Dividend yield | None | 3.02% |
| 1-year return | -18.0% | +4.6% |
| 5-year return (annual) | +5.8% | -1.9% |
| Max drawdown | -82% | -73% |
| FI Handbook grade | B | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ISRG vs MDT FAQ
Which is bigger, ISRG or MDT?
Intuitive Surgical (ISRG) is larger, with a market cap of $159.8B versus $122.0B for Medtronic, about 1.3 times the size.
Is ISRG or MDT cheaper?
On trailing earnings, MDT is cheaper at 23.4x versus 54.7x for ISRG. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ISRG or MDT?
MDT returned +4.6% over the past year including dividends, versus -18.0% for ISRG, through October 23, 2026.
Which pays a higher dividend, ISRG or MDT?
MDT yields 3.02%; ISRG does not pay a dividend.
Full pages: Intuitive Surgical · Medtronic