MDT vs SYK
Medtronic (MDT) and Stryker (SYK) compared side by side. Medtronic (MDT) is larger, with a market cap of $122.0B versus $117.8B for Stryker, about 1.0 times the size. On trailing earnings, MDT is cheaper at 23.4x versus 31.8x for SYK.
Head to head
| Metric | MDT | SYK |
|---|---|---|
| Market cap | $122.0B | $117.8B |
| P/E (TTM) | 23.4x | 31.8x |
| Forward P/E | 14.9x | 18.4x |
| Revenue (TTM) | $37.5B | $25.8B |
| Revenue growth | 13.7% | 9.4% |
| Gross margin | 65.3% | 65.6% |
| Operating margin | 19.3% | 27.0% |
| Free cash flow | $6.1B | $4.7B |
| Dividend yield | 3.02% | 1.15% |
| 1-year return | +4.6% | -18.9% |
| 5-year return (annual) | -1.9% | +3.3% |
| Max drawdown | -73% | -59% |
| 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)
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MDT vs SYK FAQ
Which is bigger, MDT or SYK?
Medtronic (MDT) is larger, with a market cap of $122.0B versus $117.8B for Stryker, about 1.0 times the size.
Is MDT or SYK cheaper?
On trailing earnings, MDT is cheaper at 23.4x versus 31.8x for SYK. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, MDT or SYK?
MDT returned +4.6% over the past year including dividends, versus -18.9% for SYK, through October 23, 2026.
Which pays a higher dividend, MDT or SYK?
MDT yields 3.02% versus 1.15% for SYK.