ISRG vs LMAT vs MMED Stock Comparison

Intuitive Surgical, Lemaitre Vascular and MiniMed Prices as of Oct 29, 2026 Peers: Industry group
ISRG Intuitive Surgical Inc
$448.76 +8.9% 1M -16.5% 1Y
Market cap
$155.27B
P/E
52.5x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
4 wins
LMAT Lemaitre Vascular Inc
$85.27 +2.9% 1M -4.1% 1Y
Market cap
$1.92B
P/E
29.2x
Revenue (TTM)
$262.43M
Div. yield
0.01%
Medical Devices Healthcare
5 wins

Head to Head

9 decided of 12

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

QuestionISRGLMATMMEDLeader
Larger companyMarket capitalisation $155.27B $1.92B $5.41B ISRG
Cheaper on earningsLower P/E, profitable companies only 52.5x 29.2x -16.7x LMAT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.1x 28.9x 29.6x LMAT
Faster revenue growthRevenue growth, trailing twelve months +20.5% +11.8% — ISRG
More profitableNet margin, trailing twelve months 25.5% 25.0% -10.1% ISRG
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -16.5% -4.1% — LMAT
Better 5-year returnAnnualised price return, 5 years +4.4%/yr +10.4%/yr — LMAT
Less volatileAnnualised volatility, 1 year 34.6% 46.2% 56.5% ISRG
Higher overall scoreMean of the five percentile scores vs peers 80/100 82/100 56/100 LMAT

Percentile Scorecard

ISRGLMATMMED

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

AxisISRGLMATMMED
Valuation 53 #107 of 227 74 #60 of 227 61 #89 of 227
Growth 80 #44 of 218 89 #26 of 218 –
Profitability 98 #6 of 202 96 #9 of 202 59 #83 of 202
Financial Health 77 #54 of 233 89 #26 of 233 48 #121 of 233
Shareholder Returns 91 #13 of 130 64 #48 of 130 –
Overall 80 82 56
  • ISRG ranked among 247 companies in Medical Devices and Diagnostics
  • LMAT ranked among 247 companies in Medical Devices and Diagnostics
  • MMED 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

PeriodISRGLMATMMEDSPY
1 month +8.9%+2.9%-3.9% +0.7%
3 months +27.1%-16.6%+6.1% +3.7%
6 months -1.9%-22.3%+56.0% +7.1%
Year to date -20.8%+5.1%— +12.8%
1 year -16.5%-4.1%— +11.9%
3 years +73.6%+78.0%— +85.2%
3 years, per year +20.2%+21.2%— +22.8%
5 years +24.3%+63.9%— +67.6%
5 years, per year +4.4%+10.4%— +10.9%
10 years +505.9%+295.1%— +262.0%
10 years, per year +19.7%+14.7%— +13.7%

Risk

MeasureISRGLMATMMEDSPY
Volatility, 1Y 34.6%46.2%56.5% 12.7%
Downside volatility, 1Y 37.5%53.2%54.0% 12.6%
Beta vs S&P 500, 1Y 0.890.420.84 1.00
Return / volatility, 1Y -0.48-0.09— 0.94
Max drawdown, 5Y -49.9%-33.5%-41.6% -25.4%
From 52-week high -24.3%-27.4%-19.3% -1.2%
52-week high $592.85$117.39$23.84 $779.14
52-week low $332.02$78.80$10.80 $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.

MultipleISRGLMATMMED
P/E now vs peer median 53.0xmedian 28.7x 29.7xmedian 28.7x -16.7xmedian 28.7x
P/S now vs peer median 13.4xmedian 3.0x 7.4xmedian 3.0x 1.7xmedian 3.0x
EV/EBITDA now vs peer median 37.0xmedian 17.8x 17.7xmedian 17.8x -56.6xmedian 17.8x
P/FCF now vs peer median 43.2xmedian 26.4x 26.4xmedian 26.4x -11.2xmedian 26.4x
P/B now vs peer median 9.7xmedian 2.4x 4.6xmedian 2.4x 1.5xmedian 2.4x
PEG now vs peer median 2.06median 0.99 0.88median 0.99 —median 0.99

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 monthsISRGLMATMMED
Revenue $11.58B $262.43M $3.19B
Gross profit $7.78B $191.31M $1.72B
Operating income $3.28B $77.32M -$201.00M
Net income $2.97B $65.67M -$323.00M
Free cash flow $3.60B $73.83M -$484.00M
R&D $1.49B $15.41M $464.00M
EPS (diluted) $8.41 $2.68 $-1.15
Cash & equivalents $2.98B $26.63M $207.00M
Shares (diluted) 351.60M 24.53M 281.00M
Enterprise value $135.56B $471.22M $4.88B

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
MetricISRGLMATMMED
P/E 53.0x 29.7x -16.7x
P/FCF 43.2x 26.4x -11.2x
P/Operating cash flow 38.0x 23.5x -19.5x
P/S 13.4x 7.4x 1.7x
P/B 9.7x 4.6x 1.5x
P/Tangible book 10.4x 5.0x 1.5x
EV/EBITDA 37.0x 17.7x -56.6x
EV/EBIT 46.1x 20.4x -25.9x
EV/Revenue 13.1x 6.0x 1.6x
EV/FCF 42.1x 21.3x -10.8x
EV/Operating cash flow 37.0x 19.0x -18.8x
PEG (3Y EPS CAGR) 2.06 0.88 –

Growth

14 metrics
MetricISRGLMATMMED
Revenue growth (1Y) 20.5% 11.8% –
Revenue CAGR (3Y) 19.1% 14.0% –
Gross profit growth (1Y) 21.9% 18.0% –
Gross profit CAGR (3Y) 19.5% 18.8% –
Operating income growth (1Y) 16.6% 41.2% –
Operating income CAGR (3Y) 24.8% 36.4% –
Net income growth (1Y) 7.5% 39.4% –
Net income CAGR (3Y) 24.4% 37.6% –
EPS growth (1Y) 10.8% 30.1% –
EPS CAGR (3Y) 25.7% 33.6% –
Operating cash flow growth (1Y) 38.1% 41.2% –
Operating cash flow CAGR (3Y) 26.4% 48.0% –
Free cash flow growth (1Y) 58.4% 41.1% –
Free cash flow CAGR (3Y) 42.0% 57.4% –

Profitability

14 metrics
MetricISRGLMATMMED
Gross margin 67.2% 72.9% 53.7%
EBITDA margin 35.3% 33.8% -2.9%
Operating margin 28.4% 29.5% -6.3%
Pretax margin 31.3% 32.3% -6.3%
Net margin 25.5% 25.0% -10.1%
FCF margin 31.1% 28.1% -15.2%
Operating cash flow margin 35.3% 31.6% -8.7%
Return on equity 17.3% 15.9% -8.6%
Return on assets 14.8% 10.3% -6.7%
Return on invested capital – – –
Return on capital employed 18.7% 12.8% -5.2%
Asset turnover 0.6x 0.4x 0.7x
Cash conversion (OCF / net income) 1.4x 1.3x 0.9x
Stock comp / revenue 7.2% 3.0% 1.1%

Financial Health

11 metrics
MetricISRGLMATMMED
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 16.7% 34.4% 23.3%
Equity / assets 83.3% 65.6% 76.7%
Interest coverage – 14.9x –
Current ratio 3.3x 16.3x 1.8x
Quick ratio 2.3x 13.8x 1.3x
Cash ratio 1.6x 12.6x 0.3x
Altman Z-score 30.73 7.43 3.62

Shareholder Returns

7 metrics
MetricISRGLMATMMED
Dividend yield – 1.1% –
Net buyback yield 2.7% -0.3% –
Shareholder yield 2.7% 0.8% –
Payout ratio (earnings) – 31.2% –
Payout ratio (FCF) – 27.8% –
Dividend growth (1Y) – 26.3% –
Dividend CAGR (3Y) – 20.5% –

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.

ConsensusISRGLMATMMED
Forward P/E 39.1xFY2026 28.9xFY2026 29.6xFY2026
EPS, next fiscal year $11.47FY2026 $2.95FY2026 $0.65FY2026
EPS growth, next FY +28.4%FY2026 +17.1%FY2026 –
EPS growth, the year after +4.5% +12.9% +6.2%
Revenue, next fiscal year $11.60BFY2026 $266.90MFY2026 $3.36BFY2026
Revenue growth, next FY +15.3%FY2026 +6.9%FY2026 +8.4%FY2026
Revenue growth, the year after +11.3% +19.4% +6.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersISRGLMATMMED
Held by institutions 86.2% 99.3% 13.3%
Institutions holding 2,237 327 99
Change in shares held, QoQ +4.6% +2.8% +16.2%
Institutions buying 1,072 172 76
Institutions selling 877 98 14
Buyers to sellers 1.22 1.76 5.43

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.

ISRGLMATMMED
ISRG 1.00 0.23 0.25
LMAT 0.23 1.00 0.21
MMED 0.25 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ISRG, LMAT and MMED?

Intuitive Surgical (ISRG) is the largest by market capitalisation: Intuitive Surgical (ISRG) $155.27B, Lemaitre Vascular (LMAT) $1.92B, MiniMed (MMED) $5.41B.

Which stock is cheaper, ISRG, LMAT and MMED?

Lemaitre Vascular (LMAT) trades on the lowest price-to-earnings ratio (Intuitive Surgical (ISRG) 52.5x, Lemaitre Vascular (LMAT) 29.2x, MiniMed (MMED) -16.7x). On next year's consensus earnings, Lemaitre Vascular (LMAT) is cheapest (Intuitive Surgical (ISRG) 39.1x, Lemaitre Vascular (LMAT) 28.9x, MiniMed (MMED) 29.6x). 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: Intuitive Surgical (ISRG) +20.5%, Lemaitre Vascular (LMAT) +11.8%.

Which company is more profitable?

Intuitive Surgical (ISRG) has the highest net margin (Intuitive Surgical (ISRG) 25.5%, Lemaitre Vascular (LMAT) 25.0%, MiniMed (MMED) -10.1%).

Which stock has performed better?

Over the past year Lemaitre Vascular (LMAT) returned the most: Intuitive Surgical (ISRG) -16.5%, Lemaitre Vascular (LMAT) -4.1%. Over five years, Lemaitre Vascular (LMAT) compounded fastest (Intuitive Surgical (ISRG) +4.4%/yr, Lemaitre Vascular (LMAT) +10.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Intuitive Surgical (ISRG) 0.00%, Lemaitre Vascular (LMAT) 0.01%, MiniMed (MMED) 0.00%. Intuitive Surgical (ISRG) and MiniMed (MMED) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Intuitive Surgical (ISRG) has been the steadiest (Intuitive Surgical (ISRG) 34.6%, Lemaitre Vascular (LMAT) 46.2%, MiniMed (MMED) 56.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ISRG, LMAT and MMED?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lemaitre Vascular (LMAT) 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.