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Medtronic (MDT) Competitors

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$93.62 -0.51 (-0.54%)
As of 11:04 AM Eastern

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 contrast the two companies based on the strength of their analyst recommendations, risk, dividends, profitability, earnings, media sentiment, valuation and institutional ownership.

DexCom presently has a consensus target price of $88.71, suggesting a potential downside of 2.04%. Medtronic has a consensus target price of $98.83, suggesting a potential upside of 5.57%. Given Medtronic's higher probable 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)
3 Hold rating(s)
21 Buy rating(s)
2 Strong Buy rating(s)
2.89
Medtronic
0 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

DexCom has a beta of 1.41, meaning that its stock price is 41% more volatile than the broader market. Comparatively, Medtronic has a beta of 0.55, meaning that its stock price is 45% less volatile than the broader market.

DexCom has a net margin of 20.12% compared to Medtronic's net margin of 13.20%. 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 13.20%14.51%7.76%

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$4.66B7.33$836.30M$2.5335.79
Medtronic$36.36B3.30$4.80B$3.7325.10

In the previous week, Medtronic had 56 more articles in the media than DexCom. MarketBeat recorded 73 mentions for Medtronic and 17 mentions for DexCom. DexCom's average media sentiment score of 1.51 beat Medtronic's score of 1.40 indicating that DexCom is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DexCom
15 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Medtronic
64 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive

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

Summary

DexCom beats Medtronic on 12 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 investment? We will contrast the two businesses based on the strength of their institutional ownership, risk, media sentiment, analyst recommendations, profitability, earnings, dividends and valuation.

Medtronic pays an annual dividend of $2.88 per share and has a dividend yield of 3.1%. GE HealthCare Technologies pays an annual dividend of $0.14 per share and has a dividend yield of 0.2%. Medtronic pays out 77.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. GE HealthCare Technologies pays out 3.2% of its earnings in the form of a dividend. 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 presently has a consensus price target of $98.83, indicating a potential upside of 5.57%. GE HealthCare Technologies has a consensus price target of $77.73, indicating a potential upside of 3.50%. Given Medtronic's stronger consensus rating and higher possible upside, equities analysts plainly 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)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67
GE HealthCare Technologies
0 Sell rating(s)
11 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.48

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

Medtronic has a beta of 0.55, indicating that its stock price is 45% less volatile than the broader market. Comparatively, GE HealthCare Technologies has a beta of 0.69, indicating that its stock price is 31% less volatile than the broader market.

Medtronic has a net margin of 13.20% 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
Medtronic13.20% 14.51% 7.76%
GE HealthCare Technologies 9.33%20.12%5.74%

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$36.36B3.30$4.80B$3.7325.10
GE HealthCare Technologies$20.63B1.64$2.08B$4.3617.22

In the previous week, Medtronic had 59 more articles in the media than GE HealthCare Technologies. MarketBeat recorded 73 mentions for Medtronic and 14 mentions for GE HealthCare Technologies. Medtronic's average media sentiment score of 1.40 beat GE HealthCare Technologies' score of 0.50 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
64 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive
GE HealthCare Technologies
2 Very Positive mention(s)
1 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Intuitive Surgical presently has a consensus price target of $508.68, indicating a potential upside of 29.84%. Medtronic has a consensus price target of $98.83, indicating a potential upside of 5.57%. Given Intuitive Surgical's stronger consensus rating and higher possible upside, research analysts clearly 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)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67

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$10.06B13.75$2.86B$8.7344.88
Medtronic$36.36B3.30$4.80B$3.7325.10

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

Intuitive Surgical has a beta of 1.46, indicating that its share price is 46% more volatile than the broader market. Comparatively, Medtronic has a beta of 0.55, indicating that its share price is 45% less volatile than the broader market.

Intuitive Surgical has a net margin of 28.45% compared to Medtronic's net margin of 13.20%. 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 13.20%14.51%7.76%

In the previous week, Medtronic had 52 more articles in the media than Intuitive Surgical. MarketBeat recorded 73 mentions for Medtronic and 21 mentions for Intuitive Surgical. Medtronic's average media sentiment score of 1.40 beat Intuitive Surgical's score of 0.72 indicating that Medtronic is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Intuitive Surgical
11 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Medtronic
64 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive

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 companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, earnings, media sentiment, valuation and profitability.

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$36.36B3.30$4.80B$3.7325.10
Abbott Laboratories$44.33B4.48$6.52B$3.0937.17

Medtronic has a net margin of 13.20% 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
Medtronic13.20% 14.51% 7.76%
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 2.2%. Medtronic pays out 77.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. 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.

In the previous week, Medtronic had 27 more articles in the media than Abbott Laboratories. MarketBeat recorded 73 mentions for Medtronic and 46 mentions for Abbott Laboratories. Medtronic's average media sentiment score of 1.40 beat Abbott Laboratories' score of 1.40 indicating that Medtronic is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
64 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive
Abbott Laboratories
38 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Medtronic presently has a consensus target price of $98.83, indicating a potential upside of 5.57%. Abbott Laboratories has a consensus target price of $118.67, indicating a potential upside of 3.33%. Given Medtronic's higher probable upside, analysts clearly 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)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67
Abbott Laboratories
0 Sell rating(s)
4 Hold rating(s)
20 Buy rating(s)
3 Strong Buy rating(s)
2.96

Medtronic has a beta of 0.55, meaning that its share price is 45% less volatile than the broader market. Comparatively, Abbott Laboratories has a beta of 0.59, meaning that its share price is 41% less volatile than the broader market.

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 endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Abbott Laboratories beats Medtronic on 12 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 business? We will compare the two companies based on the strength of their risk, profitability, dividends, media sentiment, institutional ownership, valuation, earnings and analyst recommendations.

Medtronic presently has a consensus price target of $98.83, indicating a potential upside of 5.57%. Boston Scientific has a consensus price target of $71.62, indicating a potential upside of 41.98%. 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)
18 Buy rating(s)
0 Strong Buy rating(s)
2.67
Boston Scientific
2 Sell rating(s)
5 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.71

Boston Scientific has a net margin of 17.50% compared to Medtronic's net margin of 13.20%. Boston Scientific's return on equity of 19.28% beat Medtronic's return on equity.

Company Net Margins Return on Equity Return on Assets
Medtronic13.20% 14.51% 7.76%
Boston Scientific 17.50%19.28%10.89%

In the previous week, Medtronic had 33 more articles in the media than Boston Scientific. MarketBeat recorded 73 mentions for Medtronic and 40 mentions for Boston Scientific. Boston Scientific's average media sentiment score of 1.44 beat Medtronic's score of 1.40 indicating that Boston Scientific is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medtronic
64 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive
Boston Scientific
36 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 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$36.36B3.30$4.80B$3.7325.10
Boston Scientific$21.00B3.48$2.90B$2.4720.42

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 endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Medtronic has a beta of 0.55, suggesting that its share price is 45% less volatile than the broader market. Comparatively, Boston Scientific has a beta of 0.56, suggesting that its share price is 44% less volatile than the broader market.

Summary

Boston Scientific beats Medtronic on 11 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$119.83B$5.80B$7.26B$24.19B
Dividend Yield3.13%1.76%2.55%3.72%
P/E Ratio25.1025.98269.1630.11
Price / Sales3.3040.97615.8519.97
Price / Cash11.7333.2978.2331.97
Price / Book2.405.9713.066.84
Net Income$4.80B$148.28M$3.46B$1.07B
7 Day Performance3.23%0.48%1.37%-0.98%
1 Month Performance12.41%5.66%4.49%2.54%
1 Year Performance0.52%9.58%27.84%17.82%

Medtronic Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDT
Medtronic
4.6438 of 5 stars
$93.62
-0.5%
$98.83
+5.6%
+4.7%$119.83B$36.36B25.1095,000
DXCM
DexCom
4.3312 of 5 stars
$87.65
+3.4%
$88.71
+1.2%
+11.1%$33.08B$4.66B34.6411,000
GEHC
GE HealthCare Technologies
4.161 of 5 stars
$72.94
+1.6%
$77.73
+6.6%
+0.9%$32.95B$21.27B16.7354,000
ISRG
Intuitive Surgical
4.5008 of 5 stars
$393.38
+3.8%
$509.02
+29.4%
-17.0%$138.97B$10.06B45.0617,021
ABT
Abbott Laboratories
4.6035 of 5 stars
$108.65
+0.8%
$118.17
+8.8%
-12.7%$188.01B$44.33B35.16115,000

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This page (NYSE:MDT) was last updated on 8/20/2026 by MarketBeat.com Staff.
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