EW vs ISRG vs JNJ Stock Comparison

Edwards Lifesciences, Intuitive Surgical and Johnson & Johnson Prices as of Nov 4, 2026 Peers: Industry group
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EW Edwards Lifesciences Corp
$99.26 +13.8% 1M +18.0% 1Y
Market cap
$57.90B
P/E
56.7x
Revenue (TTM)
$6.67B
Div. yield
–
Medical Devices Healthcare
1 win
ISRG Intuitive Surgical Inc
$482.10 +18.6% 1M -10.5% 1Y
Market cap
$162.28B
P/E
54.9x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
3 wins
JNJ Johnson & Johnson
$276.33 +9.3% 1M +47.9% 1Y
Market cap
$656.38B
P/E
40.8x
Revenue (TTM)
$99.34B
Div. yield
0.02%
Pharmaceuticals Healthcare
7 wins

Head to Head

11 decided of 12

Johnson & Johnson leads on 7 of the 12 questions below (Johnson & Johnson 7, Intuitive Surgical 3, Edwards Lifesciences 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEWISRGJNJLeader
Larger companyMarket capitalisation $57.90B $162.28B $656.38B JNJ
Cheaper on earningsLower P/E, profitable companies only 56.7x 54.9x 40.8x JNJ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 35.1x 42.0x 25.8x JNJ
Faster revenue growthRevenue growth, trailing twelve months +13.4% +20.5% +7.8% ISRG
More profitableNet margin, trailing twelve months 15.3% 25.5% 16.2% ISRG
Better return on capitalReturn on invested capital 8.7% — 17.6% JNJ
Less leveragedLower net debt / EBITDA -2.5x — 0.8x EW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +18.0% -10.5% +47.9% JNJ
Better 5-year returnAnnualised price return, 5 years -3.5%/yr +5.7%/yr +11.1%/yr JNJ
Less volatileAnnualised volatility, 1 year 25.3% 35.9% 21.2% JNJ
Higher overall scoreMean of the five percentile scores vs peers 77/100 80/100 67/100 ISRG

Percentile Scorecard

EWISRGJNJ

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

AxisEWISRGJNJ
Valuation 64 #84 of 229 50 #115 of 229 86 #91 of 634
Growth 56 #99 of 221 82 #41 of 221 41 #357 of 607
Profitability 94 #13 of 209 98 #6 of 209 94 #35 of 557
Financial Health 89 #28 of 240 80 #49 of 240 41 #386 of 654
Shareholder Returns 83 #26 of 146 92 #12 of 146 75 #99 of 400
Overall 77 80 67
  • EW ranked among 248 companies in Medical Devices and Diagnostics
  • ISRG ranked among 248 companies in Medical Devices and Diagnostics
  • JNJ ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodEWISRGJNJSPY
1 month +13.8%+18.6%+9.3% -1.0%
3 months +11.6%+28.5%+7.3% -0.4%
6 months +19.3%+6.7%+23.0% +4.5%
Year to date +16.4%-14.9%+33.5% +12.4%
1 year +18.0%-10.5%+47.9% +13.6%
3 years +48.0%+73.1%+82.6% +76.4%
3 years, per year +14.0%+20.1%+22.2% +20.8%
5 years -16.3%+32.1%+69.1% +63.7%
5 years, per year -3.5%+5.7%+11.1% +10.4%
10 years +232.2%+546.2%+140.1% +267.7%
10 years, per year +12.8%+20.5%+9.2% +13.9%

Risk

MeasureEWISRGJNJSPY
Volatility, 1Y 25.3%35.9%21.2% 12.8%
Downside volatility, 1Y 24.7%38.0%20.1% 12.7%
Beta vs S&P 500, 1Y 0.650.98-0.16 1.00
Return / volatility, 1Y 0.71-0.292.26 1.06
Max drawdown, 5Y -54.3%-49.9%-23.6% -25.4%
From 52-week high 0.0%-18.7%-0.8% -1.6%
52-week high $99.26$592.85$278.47 $779.14
52-week low $75.87$332.02$186.00 $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.

MultipleEWISRGJNJ
P/E now vs peer median 56.0xmedian 28.5x 56.9xmedian 28.5x 41.4xmedian 18.0x
P/S now vs peer median 8.6xmedian 2.9x 14.4xmedian 2.9x 6.7xmedian 9.1x
EV/EBITDA now vs peer median 32.9xmedian 18.5x 39.9xmedian 18.5x 20.8xmedian 16.2x
P/FCF now vs peer median 40.1xmedian 26.7x 46.4xmedian 26.7x 32.3xmedian 21.7x
P/B now vs peer median 5.2xmedian 2.3x 10.4xmedian 2.3x 8.2xmedian 2.2x
PEG now vs peer median -6.21median 0.93 2.21median 0.93 -1.93median 0.38

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 monthsEWISRGJNJ
Revenue $6.67B $11.58B $99.34B
Gross profit $5.21B $7.78B $67.11B
Operating income $1.44B $3.28B $25.19B
Net income $1.02B $2.97B $16.10B
Free cash flow $1.42B $3.60B $20.59B
R&D $1.09B $1.49B $16.08B
EPS (diluted) $1.77 $8.41 $6.57
Cash & equivalents $3.11B $2.98B $16.91B
Total debt $598.80M – $44.65B
Shares (diluted) 577.60M 351.60M 2.45B
Enterprise value $41.11B $142.57B $576.24B

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
MetricEWISRGJNJ
P/E 56.0x 56.9x 41.4x
P/FCF 40.1x 46.4x 32.3x
P/Operating cash flow 33.3x 40.9x 25.4x
P/S 8.6x 14.4x 6.7x
P/B 5.2x 10.4x 8.2x
P/Tangible book 5.8x 11.2x 19.1x
EV/EBITDA 32.9x 39.9x 20.8x
EV/EBIT 36.8x 49.6x 27.5x
EV/Revenue 8.0x 14.1x 7.0x
EV/FCF 37.3x 45.3x 33.6x
EV/Operating cash flow 30.9x 39.9x 26.5x
PEG (3Y EPS CAGR) -6.21 2.21 -1.93

Growth

14 metrics
MetricEWISRGJNJ
Revenue growth (1Y) 13.4% 20.5% 7.8%
Revenue CAGR (3Y) 16.9% 19.1% 5.9%
Gross profit growth (1Y) 13.2% 21.9% 7.0%
Gross profit CAGR (3Y) 13.7% 19.5% 5.1%
Operating income growth (1Y) 1.1% 16.6% 7.4%
Operating income CAGR (3Y) 5.8% 24.8% 1.4%
Net income growth (1Y) -25.2% 7.5% -35.9%
Net income CAGR (3Y) -10.6% 24.4% -22.5%
EPS growth (1Y) -24.3% 10.8% -36.4%
EPS CAGR (3Y) -9.0% 25.7% -21.5%
Operating cash flow growth (1Y) 68.9% 38.1% 8.1%
Operating cash flow CAGR (3Y) 18.1% 26.4% 12.4%
Free cash flow growth (1Y) 77.1% 58.4% 5.1%
Free cash flow CAGR (3Y) 20.8% 42.0% 14.5%

Profitability

14 metrics
MetricEWISRGJNJ
Gross margin 78.0% 67.2% 67.6%
EBITDA margin 24.2% 35.3% 33.5%
Operating margin 21.6% 28.4% 25.4%
Pretax margin 21.5% 31.3% 17.9%
Net margin 15.3% 25.5% 16.2%
FCF margin 21.3% 31.1% 20.7%
Operating cash flow margin 25.7% 35.3% 26.3%
Return on equity 9.4% 17.3% 19.3%
Return on assets 7.2% 14.8% 8.1%
Return on invested capital 8.7% – 17.6%
Return on capital employed 11.6% 18.7% 17.5%
Asset turnover 0.5x 0.6x 0.5x
Cash conversion (OCF / net income) 1.7x 1.4x 1.6x
Stock comp / revenue 2.6% 7.2% 1.4%

Financial Health

11 metrics
MetricEWISRGJNJ
Debt / assets 4.2% – 22.6%
Debt / equity 0.1x – 0.5x
Net debt / EBITDA -2.5x – 0.8x
Debt / FCF 0.4x – 2.2x
Liabilities / assets 22.5% 16.7% 58.7%
Equity / assets 77.5% 83.3% 41.3%
Interest coverage – – 25.6x
Current ratio 4.6x 3.3x 1.0x
Quick ratio 3.5x 2.3x 0.7x
Cash ratio 2.9x 1.6x 0.3x
Altman Z-score 13.56 32.88 5.57

Shareholder Returns

7 metrics
MetricEWISRGJNJ
Dividend yield – – 1.9%
Net buyback yield 1.0% 2.5% 0.6%
Shareholder yield 1.0% 2.5% 2.5%
Payout ratio (earnings) – – 79.0%
Payout ratio (FCF) – – 61.8%
Dividend growth (1Y) – – 3.9%
Dividend CAGR (3Y) – – 1.0%

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.

ConsensusEWISRGJNJ
Forward P/E 35.1xFY2026 42.0xFY2026 25.8xFY2026
EPS, next fiscal year $2.83FY2026 $11.47FY2026 $10.72FY2026
EPS growth, next FY +10.5%FY2026 +28.4%FY2026 -0.6%FY2026
EPS growth, the year after +12.7% +4.5% +5.9%
Revenue, next fiscal year $7.24BFY2026 $11.60BFY2026 $106.54BFY2026
Revenue growth, next FY +19.2%FY2026 +15.3%FY2026 +13.1%FY2026
Revenue growth, the year after -2.6% +11.3% +7.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEWISRGJNJ
Held by institutions 90.6% 86.2% 74.7%
Institutions holding 1,326 2,240 4,697
Change in shares held, QoQ +20.4% +4.6% +1.8%
Institutions buying 642 1,073 2,296
Institutions selling 455 878 1,899
Buyers to sellers 1.41 1.22 1.21

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.

EWISRGJNJ
EW 1.00 0.49 0.16
ISRG 0.49 1.00 0.15
JNJ 0.16 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EW, ISRG and JNJ?

Johnson & Johnson (JNJ) is the largest by market capitalisation: Edwards Lifesciences (EW) $57.90B, Intuitive Surgical (ISRG) $162.28B, Johnson & Johnson (JNJ) $656.38B.

Which stock is cheaper, EW, ISRG and JNJ?

Johnson & Johnson (JNJ) trades on the lowest price-to-earnings ratio (Edwards Lifesciences (EW) 56.7x, Intuitive Surgical (ISRG) 54.9x, Johnson & Johnson (JNJ) 40.8x). On next year's consensus earnings, Johnson & Johnson (JNJ) is cheapest (Edwards Lifesciences (EW) 35.1x, Intuitive Surgical (ISRG) 42.0x, Johnson & Johnson (JNJ) 25.8x). 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: Edwards Lifesciences (EW) +13.4%, Intuitive Surgical (ISRG) +20.5%, Johnson & Johnson (JNJ) +7.8%.

Which company is more profitable?

Intuitive Surgical (ISRG) has the highest net margin (Edwards Lifesciences (EW) 15.3%, Intuitive Surgical (ISRG) 25.5%, Johnson & Johnson (JNJ) 16.2%). On return on invested capital, Johnson & Johnson (JNJ) leads (Edwards Lifesciences (EW) 8.7%, Johnson & Johnson (JNJ) 17.6%).

Which stock has performed better?

Over the past year Johnson & Johnson (JNJ) returned the most: Edwards Lifesciences (EW) +18.0%, Intuitive Surgical (ISRG) -10.5%, Johnson & Johnson (JNJ) +47.9%. Over five years, Johnson & Johnson (JNJ) compounded fastest (Edwards Lifesciences (EW) -3.5%/yr, Intuitive Surgical (ISRG) +5.7%/yr, Johnson & Johnson (JNJ) +11.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Edwards Lifesciences (EW) 0.00%, Intuitive Surgical (ISRG) 0.00%, Johnson & Johnson (JNJ) 0.02%. Edwards Lifesciences (EW) and Intuitive Surgical (ISRG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Johnson & Johnson (JNJ) has been the steadiest (Edwards Lifesciences (EW) 25.3%, Intuitive Surgical (ISRG) 35.9%, Johnson & Johnson (JNJ) 21.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EW, ISRG and JNJ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Johnson & Johnson (JNJ) leads on 7. 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.