DXCM vs ISRG vs SOLV Stock Comparison

Dexcom, Intuitive Surgical and Solventum Prices as of Oct 23, 2026 Peers: Industry group
DXCM Dexcom Inc
$77.94 -11.2% 1M +9.7% 1Y
Market cap
$30.03B
P/E
30.0x
Revenue (TTM)
$4.97B
Div. yield
–
Medical Devices Healthcare
ISRG Intuitive Surgical Inc
$452.29 +13.6% 1M -18.0% 1Y
Market cap
$157.75B
P/E
53.3x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
5 wins
SOLV Solventum Corp
$85.40 -3.4% 1M +18.2% 1Y
Market cap
$14.84B
P/E
10.3x
Revenue (TTM)
$8.31B
Div. yield
–
Medical Devices Healthcare
4 wins

Head to Head

9 decided of 12

Intuitive Surgical leads on 5 of the 12 questions below (Intuitive Surgical 5, Solventum 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDXCMISRGSOLVLeader
Larger companyMarket capitalisation $30.03B $157.75B $14.84B ISRG
Cheaper on earningsLower P/E, profitable companies only 30.0x 53.3x 10.3x SOLV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.5x 40.9x 12.5x SOLV
Faster revenue growthRevenue growth, trailing twelve months +15.5% +20.5% -0.9% ISRG
More profitableNet margin, trailing twelve months 20.1% 25.5% 17.3% ISRG
Better return on capitalReturn on invested capital — — 17.6% –
Less leveragedLower net debt / EBITDA — — 1.8x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +9.7% -18.0% +18.2% SOLV
Better 5-year returnAnnualised price return, 5 years -11.3%/yr +5.8%/yr — ISRG
Less volatileAnnualised volatility, 1 year 40.7% 34.6% 29.9% SOLV
Higher overall scoreMean of the five percentile scores vs peers 78/100 80/100 65/100 ISRG

Percentile Scorecard

DXCMISRGSOLV

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDXCMISRGSOLV
Valuation 72 #64 of 228 52 #110 of 228 78 #51 of 228
Growth 97 #8 of 222 80 #46 of 222 53 #105 of 222
Profitability 100 #1 of 210 98 #6 of 210 84 #34 of 210
Financial Health 35 #158 of 241 78 #53 of 241 20 #194 of 241
Shareholder Returns 87 #19 of 138 92 #12 of 138 91 #14 of 138
Overall 78 80 65
  • DXCM ranked among 248 companies in Medical Devices and Diagnostics
  • ISRG ranked among 248 companies in Medical Devices and Diagnostics
  • SOLV ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDXCMISRGSOLVSPY
1 month -11.2%+13.6%-3.4% -1.0%
3 months +8.9%+34.0%+9.5% +2.9%
6 months +26.6%-6.2%+24.6% +6.4%
Year to date +17.4%-20.1%+7.8% +11.4%
1 year +9.7%-18.0%+18.2% +13.1%
3 years -9.7%+63.1%— +79.4%
3 years, per year -3.4%+17.7%— +21.5%
5 years -45.0%+32.4%— +67.7%
5 years, per year -11.3%+5.8%— +10.9%
10 years +286.4%+500.3%— +255.2%
10 years, per year +14.5%+19.6%— +13.5%

Risk

MeasureDXCMISRGSOLVSPY
Volatility, 1Y 40.7%34.6%29.9% 12.7%
Downside volatility, 1Y 40.2%37.5%28.4% 12.7%
Beta vs S&P 500, 1Y 0.630.890.57 1.00
Return / volatility, 1Y 0.24-0.520.61 1.03
Max drawdown, 5Y -66.3%-49.9%-40.0% -25.4%
From 52-week high -15.6%-23.7%-7.6% -2.5%
52-week high $92.34$592.85$92.45 $779.14
52-week low $54.84$332.02$62.49 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDXCMISRGSOLV
P/E now vs peer median 29.8xmedian 30.7x 53.4xmedian 30.7x 10.3xmedian 30.7x
P/S now vs peer median 5.9xmedian 3.0x 13.5xmedian 3.0x 1.7xmedian 3.0x
EV/EBITDA now vs peer median 19.6xmedian 17.7x 37.3xmedian 17.7x 7.4xmedian 17.7x
P/FCF now vs peer median 20.9xmedian 23.7x 43.6xmedian 23.7x -123.1xmedian 23.7x
P/B now vs peer median 11.2xmedian 2.4x 9.7xmedian 2.4x 3.0xmedian 2.4x
PEG now vs peer median 0.65median 0.96 2.08median 0.96 —median 0.96

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDXCMISRGSOLV
Revenue $4.97B $11.58B $8.31B
Gross profit $3.10B $7.78B $4.55B
Operating income $1.14B $3.28B $2.08B
Net income $999.70M $2.97B $1.43B
Free cash flow $1.41B $3.60B -$118.00M
R&D $604.00M $1.49B $725.00M
EPS (diluted) $2.56 $8.41 $8.27
Cash & equivalents $1.11B $2.98B $403.00M
Total debt – – $5.08B
Shares (diluted) 390.10M 351.60M 173.30M
Enterprise value $20.34B $138.04B $11.36B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDXCMISRGSOLV
P/E 29.8x 53.4x 10.3x
P/FCF 20.9x 43.6x -123.1x
P/Operating cash flow 16.8x 38.3x 69.5x
P/S 5.9x 13.5x 1.7x
P/B 11.2x 9.7x 3.0x
P/Tangible book 11.7x 10.5x 6.1x
EV/EBITDA 19.6x 37.3x 7.4x
EV/EBIT 24.1x 46.5x 9.3x
EV/Revenue 5.5x 13.2x 2.3x
EV/FCF 19.5x 42.4x -162.7x
EV/Operating cash flow 15.7x 37.3x 91.9x
PEG (3Y EPS CAGR) 0.65 2.08 –

Growth

14 metrics
MetricDXCMISRGSOLV
Revenue growth (1Y) 15.5% 20.5% -0.9%
Revenue CAGR (3Y) 15.8% 19.1% –
Gross profit growth (1Y) 22.8% 21.9% -0.6%
Gross profit CAGR (3Y) 14.9% 19.5% –
Operating income growth (1Y) 65.8% 16.6% 167.2%
Operating income CAGR (3Y) 36.5% 24.8% –
Net income growth (1Y) 74.9% 7.5% 277.4%
Net income CAGR (3Y) 40.9% 24.4% –
EPS growth (1Y) 83.0% 10.8% 281.5%
EPS CAGR (3Y) 45.7% 25.7% –
Operating cash flow growth (1Y) 77.0% 38.1% -64.3%
Operating cash flow CAGR (3Y) 31.4% 26.4% –
Free cash flow growth (1Y) 146.1% 58.4% -180.3%
Free cash flow CAGR (3Y) 44.5% 42.0% –

Profitability

14 metrics
MetricDXCMISRGSOLV
Gross margin 62.5% 67.2% 54.7%
EBITDA margin 28.2% 35.3% 31.1%
Operating margin 22.9% 28.4% 25.0%
Pretax margin 25.8% 31.3% 20.4%
Net margin 20.1% 25.5% 17.3%
FCF margin 28.3% 31.1% -1.4%
Operating cash flow margin 35.2% 35.3% 2.5%
Return on equity 35.8% 17.3% 29.4%
Return on assets 15.3% 14.8% 10.1%
Return on invested capital – – 17.6%
Return on capital employed 27.2% 18.7% 19.8%
Asset turnover 0.8x 0.6x 0.6x
Cash conversion (OCF / net income) 1.7x 1.4x 0.1x
Stock comp / revenue 3.3% 7.2% 2.0%

Financial Health

11 metrics
MetricDXCMISRGSOLV
Debt / assets – – 35.7%
Debt / equity – – 1.1x
Net debt / EBITDA – – 1.8x
Debt / FCF – – -43.0x
Liabilities / assets 59.4% 16.7% 66.3%
Equity / assets 40.6% 83.3% 33.7%
Interest coverage – – –
Current ratio 1.7x 3.3x 1.0x
Quick ratio 1.4x 2.3x 0.5x
Cash ratio 0.8x 1.6x 0.1x
Altman Z-score 6.90 30.96 2.18

Shareholder Returns

7 metrics
MetricDXCMISRGSOLV
Dividend yield – – –
Net buyback yield 1.6% 2.7% 2.4%
Shareholder yield 1.6% 2.7% 2.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDXCMISRGSOLV
Forward P/E 27.5xFY2026 40.9xFY2026 12.5xFY2026
EPS, next fiscal year $2.83FY2026 $11.05FY2026 $6.84FY2026
EPS growth, next FY +35.4%FY2026 +23.7%FY2026 +11.9%FY2026
EPS growth, the year after +4.9% +5.5% +12.6%
Revenue, next fiscal year $5.08BFY2026 $11.45BFY2026 $7.70BFY2026
Revenue growth, next FY +9.0%FY2026 +13.9%FY2026 -7.4%FY2026
Revenue growth, the year after +16.6% +12.2% +5.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDXCMISRGSOLV
Held by institutions 100.0% 86.2% 73.9%
Institutions holding 974 2,235 878
Change in shares held, QoQ +6.3% +4.6% -0.8%
Institutions buying 519 1,070 369
Institutions selling 344 877 284
Buyers to sellers 1.51 1.22 1.30

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DXCMISRGSOLV
DXCM 1.00 0.34 0.22
ISRG 0.34 1.00 0.31
SOLV 0.22 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DXCM, ISRG and SOLV?

Intuitive Surgical (ISRG) is the largest by market capitalisation: Dexcom (DXCM) $30.03B, Intuitive Surgical (ISRG) $157.75B, Solventum (SOLV) $14.84B.

Which stock is cheaper, DXCM, ISRG and SOLV?

Solventum (SOLV) trades on the lowest price-to-earnings ratio (Dexcom (DXCM) 30.0x, Intuitive Surgical (ISRG) 53.3x, Solventum (SOLV) 10.3x). On next year's consensus earnings, Solventum (SOLV) is cheapest (Dexcom (DXCM) 27.5x, Intuitive Surgical (ISRG) 40.9x, Solventum (SOLV) 12.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Intuitive Surgical (ISRG) grew revenue fastest over the trailing twelve months: Dexcom (DXCM) +15.5%, Intuitive Surgical (ISRG) +20.5%, Solventum (SOLV) -0.9%.

Which company is more profitable?

Intuitive Surgical (ISRG) has the highest net margin (Dexcom (DXCM) 20.1%, Intuitive Surgical (ISRG) 25.5%, Solventum (SOLV) 17.3%).

Which stock has performed better?

Over the past year Solventum (SOLV) returned the most: Dexcom (DXCM) +9.7%, Intuitive Surgical (ISRG) -18.0%, Solventum (SOLV) +18.2%. Over five years, Intuitive Surgical (ISRG) compounded fastest (Dexcom (DXCM) -11.3%/yr, Intuitive Surgical (ISRG) +5.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Solventum (SOLV) has been the steadiest (Dexcom (DXCM) 40.7%, Intuitive Surgical (ISRG) 34.6%, Solventum (SOLV) 29.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DXCM, ISRG and SOLV?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Intuitive Surgical (ISRG) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.