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Medtronic (MDT) Competitors

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$92.42 +0.03 (+0.03%)
As of 02:51 PM Eastern
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MDT vs. DXCM, ISRG, ABT, BSX, and JNJ

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

How does Medtronic compare to DexCom?

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

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%

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$4.97B6.37$836.30M$2.5333.17
Medtronic$37.54B3.15$4.80B$4.0622.76

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 presently has a consensus price target of $88.71, indicating a potential upside of 5.71%. Medtronic has a consensus price target of $103.92, indicating a potential upside of 12.45%. Given Medtronic's higher possible upside, analysts plainly 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)
21 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

In the previous week, Medtronic had 35 more articles in the media than DexCom. MarketBeat recorded 49 mentions for Medtronic and 14 mentions for DexCom. DexCom's average media sentiment score of 0.91 beat Medtronic's score of 0.83 indicating that DexCom is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DexCom
7 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
26 Very Positive mention(s)
10 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Summary

DexCom beats Medtronic on 12 of the 17 factors compared between the two stocks.

How does Medtronic compare to Intuitive Surgical?

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

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
Medtronic13.93% 14.78% 7.97%
Intuitive Surgical 28.45%16.91%14.83%

Medtronic currently has a consensus price target of $103.92, indicating a potential upside of 12.45%. Intuitive Surgical has a consensus price target of $508.68, indicating a potential upside of 44.86%. Given Intuitive Surgical's higher probable upside, analysts plainly believe Intuitive Surgical is more favorable than Medtronic.

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
Intuitive Surgical
1 Sell rating(s)
8 Hold rating(s)
22 Buy rating(s)
0 Strong Buy rating(s)
2.68

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
Medtronic$37.54B3.15$4.80B$4.0622.76
Intuitive Surgical$11.03B11.24$2.86B$8.7340.22

In the previous week, Medtronic had 19 more articles in the media than Intuitive Surgical. MarketBeat recorded 49 mentions for Medtronic and 30 mentions for Intuitive Surgical. Intuitive Surgical's average media sentiment score of 1.09 beat Medtronic's score of 0.83 indicating that Intuitive Surgical is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
26 Very Positive mention(s)
10 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Intuitive Surgical
23 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

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

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 stock? We will compare the two businesses based on the strength of their earnings, dividends, risk, profitability, institutional ownership, valuation, analyst recommendations and media sentiment.

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$37.54B3.15$4.80B$4.0622.76
Abbott Laboratories$46.59B3.92$6.52B$3.0934.11

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 3.1%. Abbott Laboratories pays an annual dividend of $2.52 per share and has a dividend yield of 2.4%. 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.

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

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

In the previous week, Abbott Laboratories had 22 more articles in the media than Medtronic. MarketBeat recorded 71 mentions for Abbott Laboratories and 49 mentions for Medtronic. Abbott Laboratories' average media sentiment score of 1.47 beat Medtronic's score of 0.83 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
26 Very Positive mention(s)
10 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Abbott Laboratories
60 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive

Medtronic presently has a consensus target price of $103.92, suggesting a potential upside of 12.45%. Abbott Laboratories has a consensus target price of $119.50, suggesting a potential upside of 13.37%. Given Abbott Laboratories' stronger consensus rating and higher possible upside, analysts clearly believe Abbott Laboratories is more favorable than Medtronic.

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

Summary

Abbott Laboratories beats Medtronic on 15 of the 20 factors compared between the two stocks.

How does Medtronic compare to Boston Scientific?

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

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

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
Medtronic13.93% 14.78% 7.97%
Boston Scientific 17.50%19.28%10.89%

Medtronic currently has a consensus price target of $103.92, indicating a potential upside of 12.45%. Boston Scientific has a consensus price target of $71.46, indicating a potential upside of 57.79%. Given Boston Scientific's stronger consensus rating and higher possible upside, analysts clearly believe Boston Scientific is more favorable than Medtronic.

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
Boston Scientific
2 Sell rating(s)
5 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.71

In the previous week, Medtronic had 13 more articles in the media than Boston Scientific. MarketBeat recorded 49 mentions for Medtronic and 36 mentions for Boston Scientific. Medtronic's average media sentiment score of 0.83 beat Boston Scientific's score of 0.51 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
26 Very Positive mention(s)
10 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Boston Scientific
14 Very Positive mention(s)
7 Positive mention(s)
6 Neutral mention(s)
7 Negative mention(s)
1 Very Negative mention(s)
Positive

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
Medtronic$37.54B3.15$4.80B$4.0622.76
Boston Scientific$20.07B3.27$2.90B$2.4718.34

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

Summary

Boston Scientific beats Medtronic on 10 of the 16 factors compared between the two stocks.

How does Medtronic compare to Johnson & Johnson?

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

82.1% of Medtronic shares are held by institutional investors. Comparatively, 69.6% of Johnson & Johnson shares are held by institutional investors. 0.3% of Medtronic shares are held by company insiders. Comparatively, 0.2% of Johnson & Johnson shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Johnson & Johnson has a net margin of 21.48% compared to Medtronic's net margin of 13.93%. Johnson & Johnson's return on equity of 32.42% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.93% 14.78% 7.97%
Johnson & Johnson 21.48%32.42%13.35%

In the previous week, Johnson & Johnson had 56 more articles in the media than Medtronic. MarketBeat recorded 105 mentions for Johnson & Johnson and 49 mentions for Medtronic. Johnson & Johnson's average media sentiment score of 1.19 beat Medtronic's score of 0.83 indicating that Johnson & Johnson is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
26 Very Positive mention(s)
10 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Johnson & Johnson
83 Very Positive mention(s)
5 Positive mention(s)
13 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive

Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.1%. Johnson & Johnson pays an annual dividend of $5.36 per share and has a dividend yield of 2.0%. Medtronic pays out 70.9% of its earnings in the form of a dividend. Johnson & Johnson pays out 62.1% 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 Johnson & Johnson has increased its dividend for 64 consecutive years.

Medtronic has a beta of 0.56, indicating that its stock price is 44% less volatile than the broader market. Comparatively, Johnson & Johnson has a beta of 0.24, indicating that its stock price is 76% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medtronic$37.54B3.15$4.80B$4.0622.76
Johnson & Johnson$94.19B6.86$26.80B$8.6331.08

Medtronic presently has a consensus target price of $103.92, indicating a potential upside of 12.45%. Johnson & Johnson has a consensus target price of $272.83, indicating a potential upside of 1.72%. Given Medtronic's higher probable upside, equities research analysts plainly believe Medtronic is more favorable than Johnson & Johnson.

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
Johnson & Johnson
0 Sell rating(s)
6 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.80

Summary

Johnson & Johnson beats Medtronic on 14 of the 20 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$118.25B$5.45B$7.15B$23.32B
Dividend Yield3.06%1.76%2.54%3.73%
P/E Ratio22.7725.01271.9028.78
Price / Sales3.1586.67697.5496.54
Price / Cash12.0032.9577.0733.53
Price / Book2.326.3210.814.76
Net Income$4.80B$150.94M$3.48B$1.07B
7 Day Performance0.34%-1.97%-0.91%-0.76%
1 Month Performance6.05%-0.70%2.70%-2.10%
1 Year Performance-1.73%8.32%21.40%11.88%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.6598 of 5 stars
$92.42
+0.0%
$103.92
+12.4%
-0.5%$118.25B$37.54B22.7795,000
DXCM
DexCom
4.3026 of 5 stars
$91.06
+0.3%
$88.71
-2.6%
+8.4%$34.36B$4.97B35.9911,000
ISRG
Intuitive Surgical
4.3197 of 5 stars
$376.86
+1.1%
$508.68
+35.0%
-25.5%$133.14B$10.06B43.1717,021
ABT
Abbott Laboratories
4.8728 of 5 stars
$110.48
-1.8%
$119.50
+8.2%
-20.1%$191.17B$46.59B35.75115,000
BSX
Boston Scientific
4.7112 of 5 stars
$48.35
+3.2%
$71.62
+48.1%
-58.4%$70.07B$20.07B19.5759,000

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