LMAT vs SYK vs ALC Stock Comparison

Lemaitre Vascular, Stryker and Alcon Prices as of Oct 28, 2026 Peers: Industry group
LMAT Lemaitre Vascular Inc
$82.87 +0.6% 1M -7.4% 1Y
Market cap
$1.89B
P/E
28.8x
Revenue (TTM)
$262.43M
Div. yield
1.15%
Medical Devices Healthcare
5 wins
SYK Stryker Corp
$304.34 +10.5% 1M -19.0% 1Y
Market cap
$116.74B
P/E
31.3x
Revenue (TTM)
$25.84B
Div. yield
1.16%
Medical Devices Healthcare
4 wins
ALC Alcon Inc
$69.81 +7.0% 1M -6.7% 1Y
Market cap
$34.03B
P/E
53.5x
Revenue (TTM)
$10.80B
Div. yield
0.40%
Medical Devices Healthcare
2 wins

Head to Head

11 decided of 12

Lemaitre Vascular leads on 5 of the 12 questions below (Lemaitre Vascular 5, Stryker 4, Alcon 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLMATSYKALCLeader
Larger companyMarket capitalisation $1.89B $116.74B $34.03B SYK
Cheaper on earningsLower P/E, profitable companies only 28.8x 31.3x 53.5x LMAT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.1x 19.1x 21.7x SYK
Faster revenue growthRevenue growth, trailing twelve months +11.8% +8.5% +8.5% LMAT
More profitableNet margin, trailing twelve months 25.0% 14.4% 6.0% LMAT
Better return on capitalReturn on invested capital — 10.5% 3.6% SYK
Less leveragedLower net debt / EBITDA — 1.7x — –
Higher dividend yieldTrailing dividend yield 1.15% 1.16% 0.40% SYK
Better 1-year returnPrice return, last 12 months -7.4% -19.0% -6.7% ALC
Better 5-year returnAnnualised price return, 5 years +9.8%/yr +2.7%/yr -3.5%/yr LMAT
Less volatileAnnualised volatility, 1 year 46.1% 30.6% 28.6% ALC
Higher overall scoreMean of the five percentile scores vs peers 82/100 70/100 68/100 LMAT

Percentile Scorecard

LMATSYKALC

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

AxisLMATSYKALC
Valuation 75 #58 of 227 67 #76 of 227 79 #48 of 227
Growth 89 #26 of 219 67 #74 of 219 48 #114 of 219
Profitability 95 #11 of 205 90 #22 of 205 78 #47 of 205
Financial Health 89 #26 of 237 49 #121 of 237 60 #95 of 237
Shareholder Returns 63 #50 of 135 77 #32 of 135 75 #35 of 135
Overall 82 70 68
  • LMAT ranked among 247 companies in Medical Devices and Diagnostics
  • SYK ranked among 247 companies in Medical Devices and Diagnostics
  • ALC 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

PeriodLMATSYKALCSPY
1 month +0.6%+10.5%+7.0% +0.9%
3 months -20.0%-13.6%+0.2% +5.9%
6 months -22.7%-3.4%-4.1% +8.5%
Year to date +2.2%-13.4%-11.4% +13.3%
1 year -7.4%-19.0%-6.7% +12.4%
3 years +74.8%+16.2%-0.3% +88.1%
3 years, per year +20.5%+5.1%-0.1% +23.5%
5 years +59.3%+14.4%-16.3% +68.2%
5 years, per year +9.8%+2.7%-3.5% +11.0%
10 years +284.0%+166.3%— +263.4%
10 years, per year +14.4%+10.3%— +13.8%

Risk

MeasureLMATSYKALCSPY
Volatility, 1Y 46.1%30.6%28.6% 12.7%
Downside volatility, 1Y 53.0%31.8%28.8% 12.7%
Beta vs S&P 500, 1Y 0.430.120.38 1.00
Return / volatility, 1Y -0.16-0.62-0.23 0.98
Max drawdown, 5Y -33.5%-33.1%-38.4% -25.4%
From 52-week high -29.4%-21.5%-19.9% -0.9%
52-week high $117.39$387.46$87.18 $779.14
52-week low $78.80$269.88$62.02 $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.

MultipleLMATSYKALC
P/E now vs peer median 28.8xmedian 28.8x 31.3xmedian 28.8x 53.5xmedian 28.8x
P/S now vs peer median 7.2xmedian 3.0x 4.5xmedian 3.0x 3.2xmedian 3.0x
EV/EBITDA now vs peer median 17.1xmedian 17.4x 19.0xmedian 17.4x —median 17.4x
P/FCF now vs peer median 25.7xmedian 25.7x 24.8xmedian 25.7x 19.6xmedian 25.7x
P/B now vs peer median 4.5xmedian 2.4x 4.9xmedian 2.4x 1.6xmedian 2.4x
PEG now vs peer median 0.86median 1.03 2.84median 1.03 2.55median 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 monthsLMATSYKALC
Revenue $262.43M $25.84B $10.80B
Gross profit $191.31M $16.79B $6.17B
Operating income $77.32M $5.53B $948.00M
Net income $65.67M $3.73B $643.00M
Free cash flow $73.83M $4.70B $1.74B
R&D $15.41M $1.66B $1.43B
EPS (diluted) $2.68 $9.66 $1.30
Cash & equivalents $26.63M $3.39B $1.36B
Total debt – $14.94B $4.72B
Shares (diluted) 24.53M 386.00M 496.20M
Enterprise value $449.17M $102.85B $24.99B

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
MetricLMATSYKALC
P/E 28.8x 31.3x 53.5x
P/FCF 25.7x 24.8x 19.6x
P/Operating cash flow 22.8x 21.1x 14.7x
P/S 7.2x 4.5x 3.2x
P/B 4.5x 4.9x 1.6x
P/Tangible book 4.9x 6.4x 2.6x
EV/EBITDA 17.1x 19.0x –
EV/EBIT 19.6x 23.2x 38.6x
EV/Revenue 5.8x 5.0x 3.4x
EV/FCF 20.6x 27.3x 21.0x
EV/Operating cash flow 18.3x 23.2x 15.9x
PEG (3Y EPS CAGR) 0.86 2.84 2.55

Growth

14 metrics
MetricLMATSYKALC
Revenue growth (1Y) 11.8% 8.5% 8.5%
Revenue CAGR (3Y) 14.0% 9.9% 5.9%
Gross profit growth (1Y) 18.0% 9.9% 11.7%
Gross profit CAGR (3Y) 18.8% 11.2% 7.3%
Operating income growth (1Y) 41.2% 53.0% -34.3%
Operating income CAGR (3Y) 36.4% 18.5% 7.5%
Net income growth (1Y) 39.4% 27.8% -40.1%
Net income CAGR (3Y) 37.6% 11.2% 21.1%
EPS growth (1Y) 30.1% 27.9% -40.7%
EPS CAGR (3Y) 33.6% 11.0% 21.0%
Operating cash flow growth (1Y) 41.2% 15.9% 10.3%
Operating cash flow CAGR (3Y) 48.0% 22.2% 25.9%
Free cash flow growth (1Y) 41.1% 16.8% 7.5%
Free cash flow CAGR (3Y) 57.4% 24.8% 48.0%

Profitability

14 metrics
MetricLMATSYKALC
Gross margin 72.9% 65.0% 57.2%
EBITDA margin 33.8% 26.1% –
Operating margin 29.5% 21.4% 8.8%
Pretax margin 32.3% 19.9% 6.9%
Net margin 25.0% 14.4% 6.0%
FCF margin 28.1% 18.2% 16.1%
Operating cash flow margin 31.6% 21.4% 21.4%
Return on equity 15.9% -3.9% 2.9%
Return on assets 10.3% -1.9% 2.1%
Return on invested capital – 10.5% 3.6%
Return on capital employed 12.8% 13.7% 3.4%
Asset turnover 0.4x 0.5x 0.3x
Cash conversion (OCF / net income) 1.3x 1.5x 3.6x
Stock comp / revenue 3.0% 1.0% 1.6%

Financial Health

11 metrics
MetricLMATSYKALC
Debt / assets – 31.2% 15.2%
Debt / equity – 0.6x 0.2x
Net debt / EBITDA – 1.7x –
Debt / FCF – 3.2x 2.7x
Liabilities / assets 34.4% 50.0% 30.6%
Equity / assets 65.6% 50.0% 69.4%
Interest coverage 14.9x 9.5x 9.2x
Current ratio 16.3x 2.2x 2.1x
Quick ratio 13.8x 1.1x 1.3x
Cash ratio 12.6x 0.5x 0.7x
Altman Z-score 7.28 4.68 –

Shareholder Returns

7 metrics
MetricLMATSYKALC
Dividend yield 1.1% 1.2% 0.4%
Net buyback yield -0.3% – 2.7%
Shareholder yield 0.8% 1.2% 3.1%
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.

ConsensusLMATSYKALC
Forward P/E 28.1xFY2026 19.1xFY2026 21.7xFY2026
EPS, next fiscal year $2.95FY2026 $15.91FY2026 $3.22FY2026
EPS growth, next FY +17.1%FY2026 +16.7%FY2026 +7.7%FY2026
EPS growth, the year after +12.9% +2.5% +15.5%
Revenue, next fiscal year $266.90MFY2026 $26.14BFY2026 $10.50BFY2026
Revenue growth, next FY +6.9%FY2026 +4.1%FY2026 +4.3%FY2026
Revenue growth, the year after +19.4% +18.2% +8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLMATSYKALC
Held by institutions 99.3% 80.3% 48.8%
Institutions holding 327 2,264 629
Change in shares held, QoQ +2.8% +3.2% +5.3%
Institutions buying 172 1,102 225
Institutions selling 98 852 274
Buyers to sellers 1.76 1.29 0.82

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.

LMATSYKALC
LMAT 1.00 0.25 0.26
SYK 0.25 1.00 0.49
ALC 0.26 0.49 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LMAT, SYK and ALC?

Stryker (SYK) is the largest by market capitalisation: Lemaitre Vascular (LMAT) $1.89B, Stryker (SYK) $116.74B, Alcon (ALC) $34.03B.

Which stock is cheaper, LMAT, SYK and ALC?

Lemaitre Vascular (LMAT) trades on the lowest price-to-earnings ratio (Lemaitre Vascular (LMAT) 28.8x, Stryker (SYK) 31.3x, Alcon (ALC) 53.5x). On next year's consensus earnings, Stryker (SYK) is cheapest (Lemaitre Vascular (LMAT) 28.1x, Stryker (SYK) 19.1x, Alcon (ALC) 21.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lemaitre Vascular (LMAT) grew revenue fastest over the trailing twelve months: Lemaitre Vascular (LMAT) +11.8%, Stryker (SYK) +8.5%, Alcon (ALC) +8.5%.

Which company is more profitable?

Lemaitre Vascular (LMAT) has the highest net margin (Lemaitre Vascular (LMAT) 25.0%, Stryker (SYK) 14.4%, Alcon (ALC) 6.0%). On return on invested capital, Stryker (SYK) leads (Stryker (SYK) 10.5%, Alcon (ALC) 3.6%).

Which stock has performed better?

Over the past year Alcon (ALC) returned the most: Lemaitre Vascular (LMAT) -7.4%, Stryker (SYK) -19.0%, Alcon (ALC) -6.7%. Over five years, Lemaitre Vascular (LMAT) compounded fastest (Lemaitre Vascular (LMAT) +9.8%/yr, Stryker (SYK) +2.7%/yr, Alcon (ALC) -3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Stryker (SYK) has the highest dividend yield: Lemaitre Vascular (LMAT) 1.15%, Stryker (SYK) 1.16%, Alcon (ALC) 0.40%.

Which stock is riskier?

By one-year price volatility, Alcon (ALC) has been the steadiest (Lemaitre Vascular (LMAT) 46.1%, Stryker (SYK) 30.6%, Alcon (ALC) 28.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LMAT, SYK and ALC?

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.