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Medtronic (MDT) Competitors

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$87.16 -2.34 (-2.61%)
Closing price 03:59 PM Eastern
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$87.00 -0.16 (-0.18%)
As of 06:28 PM Eastern
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MDT vs. DXCM, GEHC, ISRG, ABT, and BSX

Should you buy Medtronic stock or one of its competitors? Medtronic's main competitors and comparable companies include DexCom (DXCM), GE HealthCare Technologies (GEHC), Intuitive Surgical (ISRG), Abbott Laboratories (ABT), and Boston Scientific (BSX). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "healthcare equipment" industry.

How does Medtronic compare to DexCom?

DexCom (NASDAQ:DXCM) and Medtronic (NYSE:MDT) are both large-cap healthcare companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, profitability, dividends, earnings and media sentiment.

97.8% of DexCom shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.3% of DexCom shares are owned by insiders. Comparatively, 0.3% of Medtronic shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Medtronic has higher revenue and earnings than DexCom. Medtronic is trading at a lower price-to-earnings ratio than DexCom, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
DexCom$4.66B7.01$836.30M$2.5334.25
Medtronic$36.36B3.07$4.80B$4.0621.47

In the previous week, Medtronic had 25 more articles in the media than DexCom. MarketBeat recorded 34 mentions for Medtronic and 9 mentions for DexCom. Medtronic's average media sentiment score of 0.87 beat DexCom's score of 0.73 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DexCom
2 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
17 Very Positive mention(s)
11 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

DexCom has a beta of 1.42, indicating that its stock price is 42% more volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, indicating that its stock price is 44% less volatile than the broader market.

DexCom currently has a consensus price target of $89.08, suggesting a potential upside of 2.82%. Medtronic has a consensus price target of $103.92, suggesting a potential upside of 19.22%. Given Medtronic's higher probable upside, analysts clearly believe Medtronic is more favorable than DexCom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DexCom
1 Sell rating(s)
2 Hold rating(s)
20 Buy rating(s)
2 Strong Buy rating(s)
2.92
Medtronic
0 Sell rating(s)
9 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.68

DexCom has a net margin of 20.12% compared to Medtronic's net margin of 13.93%. DexCom's return on equity of 35.94% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
DexCom20.12% 35.94% 14.75%
Medtronic 13.93%14.78%7.97%

Summary

DexCom beats Medtronic on 11 of the 17 factors compared between the two stocks.

How does Medtronic compare to GE HealthCare Technologies?

Medtronic (NYSE:MDT) and GE HealthCare Technologies (NASDAQ:GEHC) are both large-cap healthcare companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, dividends, profitability, earnings, risk, analyst recommendations, media sentiment and institutional ownership.

In the previous week, Medtronic had 20 more articles in the media than GE HealthCare Technologies. MarketBeat recorded 34 mentions for Medtronic and 14 mentions for GE HealthCare Technologies. Medtronic's average media sentiment score of 0.87 beat GE HealthCare Technologies' score of 0.71 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
17 Very Positive mention(s)
11 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
GE HealthCare Technologies
3 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic currently has a consensus target price of $103.92, suggesting a potential upside of 19.22%. GE HealthCare Technologies has a consensus target price of $78.39, suggesting a potential upside of 17.95%. Given Medtronic's stronger consensus rating and higher probable upside, equities research analysts clearly believe Medtronic is more favorable than GE HealthCare Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
9 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.68
GE HealthCare Technologies
0 Sell rating(s)
11 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.50

Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.3%. GE HealthCare Technologies pays an annual dividend of $0.14 per share and has a dividend yield of 0.2%. Medtronic pays out 70.9% of its earnings in the form of a dividend. GE HealthCare Technologies pays out 3.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Medtronic has increased its dividend for 49 consecutive years and GE HealthCare Technologies has increased its dividend for 1 consecutive years. Medtronic is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Medtronic has higher revenue and earnings than GE HealthCare Technologies. GE HealthCare Technologies is trading at a lower price-to-earnings ratio than Medtronic, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$36.36B3.07$4.80B$4.0621.47
GE HealthCare Technologies$20.63B1.46$2.08B$4.3615.24

Medtronic has a net margin of 13.93% compared to GE HealthCare Technologies' net margin of 9.33%. GE HealthCare Technologies' return on equity of 20.12% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
GE HealthCare Technologies 9.33%20.12%5.74%

Medtronic has a beta of 0.56, meaning that its share price is 44% less volatile than the broader market. Comparatively, GE HealthCare Technologies has a beta of 0.7, meaning that its share price is 30% less volatile than the broader market.

82.1% of Medtronic shares are owned by institutional investors. Comparatively, 82.1% of GE HealthCare Technologies shares are owned by institutional investors. 0.3% of Medtronic shares are owned by company insiders. Comparatively, 0.4% of GE HealthCare Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Medtronic beats GE HealthCare Technologies on 13 of the 18 factors compared between the two stocks.

How does Medtronic compare to Intuitive Surgical?

Intuitive Surgical (NASDAQ:ISRG) and Medtronic (NYSE:MDT) are both large-cap healthcare companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.

In the previous week, Medtronic had 19 more articles in the media than Intuitive Surgical. MarketBeat recorded 34 mentions for Medtronic and 15 mentions for Intuitive Surgical. Intuitive Surgical's average media sentiment score of 0.88 beat Medtronic's score of 0.87 indicating that Intuitive Surgical is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Intuitive Surgical
6 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
17 Very Positive mention(s)
11 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic has higher revenue and earnings than Intuitive Surgical. Medtronic is trading at a lower price-to-earnings ratio than Intuitive Surgical, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Intuitive Surgical$10.06B14.47$2.86B$8.7347.21
Medtronic$36.36B3.07$4.80B$4.0621.47

Intuitive Surgical has a beta of 1.47, meaning that its share price is 47% more volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, meaning that its share price is 44% less volatile than the broader market.

83.6% of Intuitive Surgical shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.6% of Intuitive Surgical shares are owned by company insiders. Comparatively, 0.3% of Medtronic shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Intuitive Surgical presently has a consensus target price of $508.68, indicating a potential upside of 23.41%. Medtronic has a consensus target price of $103.92, indicating a potential upside of 19.22%. Given Intuitive Surgical's higher possible upside, equities research analysts plainly believe Intuitive Surgical is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Intuitive Surgical
1 Sell rating(s)
8 Hold rating(s)
22 Buy rating(s)
0 Strong Buy rating(s)
2.68
Medtronic
0 Sell rating(s)
9 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.68

Intuitive Surgical has a net margin of 28.45% compared to Medtronic's net margin of 13.93%. Intuitive Surgical's return on equity of 16.91% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Intuitive Surgical28.45% 16.91% 14.83%
Medtronic 13.93%14.78%7.97%

Summary

Intuitive Surgical beats Medtronic on 12 of the 16 factors compared between the two stocks.

How does Medtronic compare to Abbott Laboratories?

Medtronic (NYSE:MDT) and Abbott Laboratories (NYSE:ABT) are both large-cap healthcare companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, media sentiment, risk, institutional ownership and dividends.

Medtronic has a net margin of 13.93% compared to Abbott Laboratories' net margin of 11.65%. Abbott Laboratories' return on equity of 17.69% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
Abbott Laboratories 11.65%17.69%9.44%

Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.3%. Abbott Laboratories pays an annual dividend of $2.52 per share and has a dividend yield of 2.5%. Medtronic pays out 70.9% of its earnings in the form of a dividend. Abbott Laboratories pays out 81.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Medtronic has increased its dividend for 49 consecutive years and Abbott Laboratories has increased its dividend for 54 consecutive years. Medtronic is clearly the better dividend stock, given its higher yield and lower payout ratio.

Medtronic currently has a consensus target price of $103.92, indicating a potential upside of 19.22%. Abbott Laboratories has a consensus target price of $119.50, indicating a potential upside of 18.30%. Given Medtronic's higher probable upside, equities research analysts plainly believe Medtronic is more favorable than Abbott Laboratories.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medtronic
0 Sell rating(s)
9 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.68
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
20 Buy rating(s)
3 Strong Buy rating(s)
2.96

In the previous week, Medtronic had 13 more articles in the media than Abbott Laboratories. MarketBeat recorded 34 mentions for Medtronic and 21 mentions for Abbott Laboratories. Abbott Laboratories' average media sentiment score of 1.04 beat Medtronic's score of 0.87 indicating that Abbott Laboratories is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
17 Very Positive mention(s)
11 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Abbott Laboratories
14 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Abbott Laboratories has higher revenue and earnings than Medtronic. Medtronic is trading at a lower price-to-earnings ratio than Abbott Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$36.36B3.07$4.80B$4.0621.47
Abbott Laboratories$44.33B3.94$6.52B$3.0932.69

82.1% of Medtronic shares are owned by institutional investors. Comparatively, 75.2% of Abbott Laboratories shares are owned by institutional investors. 0.3% of Medtronic shares are owned by insiders. Comparatively, 0.5% of Abbott Laboratories shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Medtronic has a beta of 0.56, suggesting that its share price is 44% less volatile than the broader market. Comparatively, Abbott Laboratories has a beta of 0.59, suggesting that its share price is 41% less volatile than the broader market.

Summary

Abbott Laboratories beats Medtronic on 13 of the 20 factors compared between the two stocks.

How does Medtronic compare to Boston Scientific?

Boston Scientific (NYSE:BSX) and Medtronic (NYSE:MDT) are both large-cap healthcare companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, earnings, media sentiment, institutional ownership and risk.

Boston Scientific has a beta of 0.57, suggesting that its share price is 43% less volatile than the broader market. Comparatively, Medtronic has a beta of 0.56, suggesting that its share price is 44% less volatile than the broader market.

In the previous week, Medtronic had 23 more articles in the media than Boston Scientific. MarketBeat recorded 34 mentions for Medtronic and 11 mentions for Boston Scientific. Medtronic's average media sentiment score of 0.87 beat Boston Scientific's score of 0.39 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Boston Scientific
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Medtronic
17 Very Positive mention(s)
11 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

89.1% of Boston Scientific shares are owned by institutional investors. Comparatively, 82.1% of Medtronic shares are owned by institutional investors. 0.3% of Boston Scientific shares are owned by company insiders. Comparatively, 0.3% of Medtronic shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Boston Scientific has a net margin of 17.50% compared to Medtronic's net margin of 13.93%. Boston Scientific's return on equity of 19.28% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Boston Scientific17.50% 19.28% 10.89%
Medtronic 13.93%14.78%7.97%

Medtronic has higher revenue and earnings than Boston Scientific. Boston Scientific is trading at a lower price-to-earnings ratio than Medtronic, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Boston Scientific$20.07B3.16$2.90B$2.4717.71
Medtronic$36.36B3.07$4.80B$4.0621.47

Boston Scientific presently has a consensus price target of $70.19, indicating a potential upside of 60.46%. Medtronic has a consensus price target of $103.92, indicating a potential upside of 19.22%. Given Boston Scientific's higher possible upside, equities analysts plainly believe Boston Scientific is more favorable than Medtronic.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boston Scientific
2 Sell rating(s)
6 Hold rating(s)
23 Buy rating(s)
0 Strong Buy rating(s)
2.68
Medtronic
0 Sell rating(s)
9 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.68

Summary

Boston Scientific beats Medtronic on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MDT vs. The Competition

MetricMedtronicHealthcare Equipment & Supplies IndustryHealthcare SectorNYSE Exchange
Market Cap$111.49B$5.42B$7.26B$22.74B
Dividend Yield3.25%1.79%2.52%3.68%
P/E Ratio21.4725.47274.7227.68
Price / Sales3.0743.55606.7020.20
Price / Cash11.2933.3728.0219.27
Price / Book2.235.8910.494.64
Net Income$4.80B$150.11M$3.50B$1.07B
7 Day Performance-3.87%-2.50%-3.03%-2.80%
1 Month Performance-4.51%-5.27%-4.16%-5.85%
1 Year Performance-7.27%5.79%13.20%5.75%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.8336 of 5 stars
$87.16
-2.6%
$103.92
+19.2%
-5.2%$111.49B$36.36B21.4795,000
DXCM
DexCom
3.3114 of 5 stars
$89.17
-0.2%
$89.08
-0.1%
+29.2%$33.65B$4.97B35.2511,000
GEHC
GE HealthCare Technologies
4.3646 of 5 stars
$64.81
+1.1%
$77.73
+19.9%
-7.8%$29.27B$21.27B14.8654,000
ISRG
Intuitive Surgical
4.3182 of 5 stars
$401.65
+2.1%
$508.68
+26.6%
-6.0%$141.89B$11.03B46.0117,021
ABT
Abbott Laboratories
4.9491 of 5 stars
$102.98
+0.4%
$119.50
+16.0%
-24.5%$178.19B$46.59B33.33115,000

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This page (NYSE:MDT) was last updated on 9/29/2026 by MarketBeat.com Staff.
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