EW vs ISRG vs RVP Stock Comparison

Edwards Lifesciences, Intuitive Surgical and Retractable Technologies Prices as of Oct 28, 2026 Peers: Industry group
EW Edwards Lifesciences Corp
$91.80 +5.7% 1M +11.7% 1Y
Market cap
$52.93B
P/E
52.7x
Revenue (TTM)
$6.51B
Div. yield
–
Medical Devices Healthcare
5 wins
ISRG Intuitive Surgical Inc
$444.18 +7.1% 1M -18.6% 1Y
Market cap
$153.95B
P/E
52.4x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
6 wins

Head to Head

11 decided of 12

Intuitive Surgical leads on 6 of the 12 questions below (Intuitive Surgical 6, Edwards Lifesciences 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEWISRGRVPLeader
Larger companyMarket capitalisation $52.93B $153.95B $17.36M ISRG
Cheaper on earningsLower P/E, profitable companies only 52.7x 52.4x -4.8x ISRG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.4x 38.7x — EW
Faster revenue growthRevenue growth, trailing twelve months +14.6% +20.5% -11.2% ISRG
More profitableNet margin, trailing twelve months 15.4% 25.5% -10.6% ISRG
Better return on capitalReturn on invested capital 9.0% — -31.4% EW
Less leveragedLower net debt / EBITDA -2.3x — 2.6x EW
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +11.7% -18.6% -35.8% EW
Better 5-year returnAnnualised price return, 5 years -5.2%/yr +4.2%/yr -42.8%/yr ISRG
Less volatileAnnualised volatility, 1 year 24.7% 34.6% 40.2% EW
Higher overall scoreMean of the five percentile scores vs peers 78/100 80/100 52/100 ISRG

Percentile Scorecard

EWISRGRVP

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

AxisEWISRGRVP
Valuation 64 #83 of 227 53 #107 of 227 72 #65 of 227
Growth 54 #101 of 219 80 #44 of 219 34 #146 of 219
Profitability 95 #12 of 205 98 #6 of 205 40 #124 of 205
Financial Health 87 #31 of 237 78 #54 of 237 65 #84 of 237
Shareholder Returns 88 #17 of 135 91 #13 of 135 –
Overall 78 80 52
  • EW ranked among 247 companies in Medical Devices and Diagnostics
  • ISRG ranked among 247 companies in Medical Devices and Diagnostics
  • RVP ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

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

Returns

PeriodEWISRGRVPSPY
1 month +5.7%+7.1%-15.9% +0.9%
3 months +7.0%+25.8%-13.4% +5.9%
6 months +13.0%-2.1%-6.6% +8.5%
Year to date +7.7%-21.6%-24.9% +13.3%
1 year +11.7%-18.6%-35.8% +12.4%
3 years +48.8%+71.5%-45.3% +88.1%
3 years, per year +14.2%+19.7%-18.2% +23.5%
5 years -23.4%+23.0%-93.9% +68.2%
5 years, per year -5.2%+4.2%-42.8% +11.0%
10 years +186.4%+499.8%-76.8% +263.4%
10 years, per year +11.1%+19.6%-13.6% +13.8%

Risk

MeasureEWISRGRVPSPY
Volatility, 1Y 24.7%34.6%40.2% 12.7%
Downside volatility, 1Y 24.5%37.4%44.8% 12.7%
Beta vs S&P 500, 1Y 0.580.890.16 1.00
Return / volatility, 1Y 0.47-0.54-0.89 0.98
Max drawdown, 5Y -54.3%-49.9%-94.0% -25.4%
From 52-week high -3.5%-25.1%-35.8% -0.9%
52-week high $95.17$592.85$0.90 $779.14
52-week low $75.87$332.02$0.58 $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.

MultipleEWISRGRVP
P/E now vs peer median 52.7xmedian 28.8x 52.4xmedian 28.8x -4.8xmedian 28.8x
P/S now vs peer median 8.1xmedian 3.0x 13.3xmedian 3.0x 0.5xmedian 3.0x
EV/EBITDA now vs peer median 30.5xmedian 17.4x 36.6xmedian 17.4x 1.5xmedian 17.4x
P/FCF now vs peer median 36.9xmedian 25.7x 42.8xmedian 25.7x -3.4xmedian 25.7x
P/B now vs peer median 4.9xmedian 2.4x 9.6xmedian 2.4x 0.2xmedian 2.4x
PEG now vs peer median -6.14median 1.03 2.04median 1.03 0.22median 1.03

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 monthsEWISRGRVP
Revenue $6.51B $11.58B $33.90M
Gross profit $5.07B $7.78B -$491.51K
Operating income $1.45B $3.28B -$22.68M
Net income $1.00B $2.97B -$3.37M
Free cash flow $1.43B $3.60B -$5.11M
R&D $1.09B $1.49B $682.03K
EPS (diluted) $1.74 $8.41 $-0.12
Cash & equivalents $2.91B $2.98B $2.64M
Total debt $598.70M – $3.40M
Shares (diluted) 577.60M 351.60M 29.94M
Enterprise value $37.05B $134.37B -$129.04M

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
MetricEWISRGRVP
P/E 52.7x 52.4x -4.8x
P/FCF 36.9x 42.8x -3.4x
P/Operating cash flow 30.8x 37.6x -3.5x
P/S 8.1x 13.3x 0.5x
P/B 4.9x 9.6x 0.2x
P/Tangible book 5.7x 10.3x 0.2x
EV/EBITDA 30.5x 36.6x 1.5x
EV/EBIT 34.0x 45.6x 1.0x
EV/Revenue 7.6x 12.9x -0.6x
EV/FCF 34.4x 41.7x 4.3x
EV/Operating cash flow 28.6x 36.7x 4.4x
PEG (3Y EPS CAGR) -6.14 2.04 0.22

Growth

14 metrics
MetricEWISRGRVP
Revenue growth (1Y) 14.6% 20.5% -11.2%
Revenue CAGR (3Y) 15.3% 19.1% -14.7%
Gross profit growth (1Y) 13.0% 21.9% 81.2%
Gross profit CAGR (3Y) 11.9% 19.5% -26.8%
Operating income growth (1Y) -1.4% 16.6% -2.3%
Operating income CAGR (3Y) 5.0% 24.8% -11.7%
Net income growth (1Y) -75.8% 7.5% 61.4%
Net income CAGR (3Y) -10.2% 24.4% -23.9%
EPS growth (1Y) -75.3% 10.8% 59.8%
EPS CAGR (3Y) -8.6% 25.7% -21.9%
Operating cash flow growth (1Y) 116.4% 38.1% 58.8%
Operating cash flow CAGR (3Y) 22.3% 26.4% -16.8%
Free cash flow growth (1Y) 143.9% 58.4% 62.3%
Free cash flow CAGR (3Y) 26.9% 42.0% 20.0%

Profitability

14 metrics
MetricEWISRGRVP
Gross margin 77.8% 67.2% -1.4%
EBITDA margin 24.8% 35.3% -43.9%
Operating margin 22.3% 28.4% -66.9%
Pretax margin 21.8% 31.3% -9.9%
Net margin 15.4% 25.5% -10.6%
FCF margin 22.0% 31.1% -15.1%
Operating cash flow margin 26.4% 35.3% -14.6%
Return on equity 9.5% 17.3% -4.7%
Return on assets 7.4% 14.8% -2.4%
Return on invested capital 9.0% – -31.4%
Return on capital employed 12.0% 18.7% -18.0%
Asset turnover 0.5x 0.6x 0.2x
Cash conversion (OCF / net income) 1.7x 1.4x 1.5x
Stock comp / revenue 2.6% 7.2% –

Financial Health

11 metrics
MetricEWISRGRVP
Debt / assets 4.3% – 0.5%
Debt / equity 0.1x – 0.0x
Net debt / EBITDA -2.3x – 2.6x
Debt / FCF 0.4x – -0.1x
Liabilities / assets 22.7% 16.7% 48.6%
Equity / assets 77.3% 83.3% 51.4%
Interest coverage – – -278.8x
Current ratio 4.5x 3.3x 4.9x
Quick ratio 3.5x 2.3x 3.7x
Cash ratio 2.8x 1.6x 3.0x
Altman Z-score 12.88 30.44 0.43

Shareholder Returns

7 metrics
MetricEWISRGRVP
Dividend yield – – –
Net buyback yield 1.9% 2.8% –
Shareholder yield 1.9% 2.8% –
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.

ConsensusEWISRGRVP
Forward P/E 32.4xFY2026 38.7xFY2026 –
EPS, next fiscal year $2.83FY2026 $11.47FY2026 –
EPS growth, next FY +10.5%FY2026 +28.4%FY2026 –
EPS growth, the year after +12.7% +4.5% –
Revenue, next fiscal year $7.24BFY2026 $11.60BFY2026 –
Revenue growth, next FY +19.2%FY2026 +15.3%FY2026 –
Revenue growth, the year after -2.6% +11.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEWISRGRVP
Held by institutions 90.6% 86.2% 8.8%
Institutions holding 1,323 2,236 32
Change in shares held, QoQ +20.4% +4.6% +5.9%
Institutions buying 641 1,071 10
Institutions selling 453 877 4
Buyers to sellers 1.42 1.22 2.50

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.

EWISRGRVP
EW 1.00 0.45 0.08
ISRG 0.45 1.00 0.13
RVP 0.08 0.13 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EW, ISRG and RVP?

Intuitive Surgical (ISRG) is the largest by market capitalisation: Edwards Lifesciences (EW) $52.93B, Intuitive Surgical (ISRG) $153.95B, Retractable Technologies (RVP) $17.36M.

Which stock is cheaper, EW, ISRG and RVP?

Intuitive Surgical (ISRG) trades on the lowest price-to-earnings ratio (Edwards Lifesciences (EW) 52.7x, Intuitive Surgical (ISRG) 52.4x, Retractable Technologies (RVP) -4.8x). On next year's consensus earnings, Edwards Lifesciences (EW) is cheapest (Edwards Lifesciences (EW) 32.4x, Intuitive Surgical (ISRG) 38.7x). 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) +14.6%, Intuitive Surgical (ISRG) +20.5%, Retractable Technologies (RVP) -11.2%.

Which company is more profitable?

Intuitive Surgical (ISRG) has the highest net margin (Edwards Lifesciences (EW) 15.4%, Intuitive Surgical (ISRG) 25.5%, Retractable Technologies (RVP) -10.6%). On return on invested capital, Edwards Lifesciences (EW) leads (Edwards Lifesciences (EW) 9.0%, Retractable Technologies (RVP) -31.4%).

Which stock has performed better?

Over the past year Edwards Lifesciences (EW) returned the most: Edwards Lifesciences (EW) +11.7%, Intuitive Surgical (ISRG) -18.6%, Retractable Technologies (RVP) -35.8%. Over five years, Intuitive Surgical (ISRG) compounded fastest (Edwards Lifesciences (EW) -5.2%/yr, Intuitive Surgical (ISRG) +4.2%/yr, Retractable Technologies (RVP) -42.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Edwards Lifesciences (EW) has been the steadiest (Edwards Lifesciences (EW) 24.7%, Intuitive Surgical (ISRG) 34.6%, Retractable Technologies (RVP) 40.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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 6. 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.