MDLN vs ISRG vs BDX Stock Comparison

Medline, Intuitive Surgical and Becton Dickinson Prices as of Oct 27, 2026 Peers: Industry group
MDLN Medline Inc.
$32.38 -6.7% 1M
Market cap
$42.57B
P/E
33.2x
Revenue (TTM)
$28.57B
Div. yield
–
Medical Supplies Healthcare
3 wins
ISRG Intuitive Surgical Inc
$445.88 +10.0% 1M -19.1% 1Y
Market cap
$154.54B
P/E
52.6x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
5 wins
BDX Becton Dickinson & Co
$194.95 +6.1% 1M +4.2% 1Y
Market cap
$53.10B
P/E
56.9x
Revenue (TTM)
$23.25B
Div. yield
2.15%
Medical Supplies Healthcare
3 wins

Head to Head

11 decided of 12

Intuitive Surgical leads on 5 of the 12 questions below (Intuitive Surgical 5, Medline 3, Becton Dickinson 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMDLNISRGBDXLeader
Larger companyMarket capitalisation $42.57B $154.54B $53.10B ISRG
Cheaper on earningsLower P/E, profitable companies only 33.2x 52.6x 56.9x MDLN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.5x 38.9x 15.0x BDX
Faster revenue growthRevenue growth, trailing twelve months — +20.5% +17.4% ISRG
More profitableNet margin, trailing twelve months 2.9% 25.5% 4.0% ISRG
Better return on capitalReturn on invested capital 5.4% — 5.3% MDLN
Less leveragedLower net debt / EBITDA 3.2x — 3.2x MDLN
Higher dividend yieldTrailing dividend yield — — 2.15% –
Better 1-year returnPrice return, last 12 months — -19.1% +4.2% BDX
Better 5-year returnAnnualised price return, 5 years — +4.6%/yr -4.0%/yr ISRG
Less volatileAnnualised volatility, 1 year 44.6% 34.6% 31.9% BDX
Higher overall scoreMean of the five percentile scores vs peers 67/100 80/100 68/100 ISRG

Percentile Scorecard

MDLNISRGBDX

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

AxisMDLNISRGBDX
Valuation 84 #37 of 227 54 #106 of 227 90 #23 of 227
Growth – 80 #45 of 219 49 #113 of 219
Profitability 73 #57 of 206 98 #6 of 206 79 #45 of 206
Financial Health 41 #140 of 238 78 #53 of 238 27 #175 of 238
Shareholder Returns 71 #39 of 134 92 #12 of 134 96 #7 of 134
Overall 67 80 68
  • MDLN ranked among 247 companies in Medical Devices and Diagnostics
  • ISRG ranked among 247 companies in Medical Devices and Diagnostics
  • BDX 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

PeriodMDLNISRGBDXSPY
1 month -6.7%+10.0%+6.1% -0.2%
3 months -20.1%+23.2%+17.2% +3.9%
6 months -26.8%-4.4%+30.4% +8.2%
Year to date -22.9%-21.3%+0.5% +12.9%
1 year —-19.1%+4.2% +12.3%
3 years —+72.2%-22.5% +87.4%
3 years, per year —+19.9%-8.2% +23.3%
5 years —+25.4%-18.3% +67.9%
5 years, per year —+4.6%-4.0% +10.9%
10 years —+505.1%+16.6% +261.1%
10 years, per year —+19.7%+1.5% +13.7%

Risk

MeasureMDLNISRGBDXSPY
Volatility, 1Y 44.6%34.6%31.9% 12.7%
Downside volatility, 1Y 48.7%37.4%33.0% 12.7%
Beta vs S&P 500, 1Y 0.610.890.34 1.00
Return / volatility, 1Y —-0.550.13 0.97
Max drawdown, 5Y -36.7%-49.9%-50.4% -25.4%
From 52-week high -35.2%-24.8%-7.2% -1.2%
52-week high $49.99$592.85$210.02 $779.14
52-week low $31.64$332.02$140.71 $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.

MultipleMDLNISRGBDX
P/E now vs peer median 33.2xmedian 29.6x 52.6xmedian 29.6x 56.9xmedian 29.6x
P/S now vs peer median 1.5xmedian 2.9x 13.3xmedian 2.9x 2.3xmedian 2.9x
EV/EBITDA now vs peer median 17.0xmedian 17.4x 36.8xmedian 17.4x 13.9xmedian 17.4x
P/FCF now vs peer median 26.8xmedian 22.3x 43.0xmedian 22.3x 16.6xmedian 22.3x
P/B now vs peer median 2.2xmedian 2.3x 9.6xmedian 2.3x 2.2xmedian 2.3x
PEG now vs peer median —median 1.04 2.05median 1.04 -3.90median 1.04

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 monthsMDLNISRGBDX
Revenue $28.57B $11.58B $23.25B
Gross profit $7.79B $7.78B $10.91B
Operating income $2.03B $3.28B $2.48B
Net income $1.03B $2.97B $941.00M
Free cash flow $1.59B $3.60B $3.20B
R&D – $1.49B $1.37B
EPS (diluted) $0.97 $8.41 $3.42
Cash & equivalents $2.33B $2.98B $708.00M
Total debt $12.58B – $72.81B
Shares (diluted) 861.00M 351.60M 275.16M
Enterprise value $43.02B $134.96B $50.25B

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
MetricMDLNISRGBDX
P/E 33.2x 52.6x 56.9x
P/FCF 26.8x 43.0x 16.6x
P/Operating cash flow 21.2x 37.8x 13.4x
P/S 1.5x 13.3x 2.3x
P/B 2.2x 9.6x 2.2x
P/Tangible book 7.7x 10.4x 2.2x
EV/EBITDA 17.0x 36.8x 13.9x
EV/EBIT 25.8x 45.8x 27.9x
EV/Revenue 1.8x 13.0x 3.0x
EV/FCF 33.0x 41.8x 21.6x
EV/Operating cash flow 26.2x 36.8x 17.5x
PEG (3Y EPS CAGR) – 2.05 -3.90

Growth

14 metrics
MetricMDLNISRGBDX
Revenue growth (1Y) – 20.5% 17.4%
Revenue CAGR (3Y) – 19.1% 6.9%
Gross profit growth (1Y) – 21.9% 23.7%
Gross profit CAGR (3Y) – 19.5% 8.5%
Operating income growth (1Y) – 16.6% 13.0%
Operating income CAGR (3Y) – 24.8% 3.3%
Net income growth (1Y) – 7.5% -40.6%
Net income CAGR (3Y) – 24.4% -17.3%
EPS growth (1Y) – 10.8% -38.0%
EPS CAGR (3Y) – 25.7% -14.6%
Operating cash flow growth (1Y) – 38.1% 43.5%
Operating cash flow CAGR (3Y) – 26.4% 14.5%
Free cash flow growth (1Y) – 58.4% 54.2%
Free cash flow CAGR (3Y) – 42.0% 22.5%

Profitability

14 metrics
MetricMDLNISRGBDX
Gross margin 27.3% 67.2% 46.9%
EBITDA margin 10.8% 35.3% 21.4%
Operating margin 7.1% 28.4% 10.7%
Pretax margin 4.3% 31.3% 8.4%
Net margin 2.9% 25.5% 4.0%
FCF margin 5.6% 31.1% 13.8%
Operating cash flow margin 7.0% 35.3% 17.0%
Return on equity 5.4% 17.3% 3.9%
Return on assets 2.6% 14.8% 1.9%
Return on invested capital 5.4% – 5.3%
Return on capital employed 5.6% 18.7% 6.0%
Asset turnover 0.7x 0.6x 0.5x
Cash conversion (OCF / net income) 2.0x 1.4x 4.2x
Stock comp / revenue 0.3% 7.2% 1.2%

Financial Health

11 metrics
MetricMDLNISRGBDX
Debt / assets 32.0% – 33.1%
Debt / equity 0.7x – 0.7x
Net debt / EBITDA 3.2x – 3.2x
Debt / FCF 7.9x – 5.2x
Liabilities / assets 51.5% 16.7% 51.9%
Equity / assets 48.5% 83.3% 48.1%
Interest coverage – – 4.2x
Current ratio 4.3x 3.3x 0.9x
Quick ratio 2.3x 2.3x 0.3x
Cash ratio 1.0x 1.6x 0.1x
Altman Z-score 2.44 30.55 2.28

Shareholder Returns

7 metrics
MetricMDLNISRGBDX
Dividend yield – – 2.2%
Net buyback yield 0.0% 2.8% 4.7%
Shareholder yield 0.0% 2.8% 6.9%
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.

ConsensusMDLNISRGBDX
Forward P/E 22.5xFY2026 38.9xFY2026 15.0xFY2026
EPS, next fiscal year $1.44FY2026 $11.47FY2026 $12.99FY2026
EPS growth, next FY +0.7%FY2026 +28.4%FY2026 +14.8%FY2026
EPS growth, the year after +13.9% +4.5% -2.9%
Revenue, next fiscal year $32.52BFY2026 $11.60BFY2026 $18.11BFY2026
Revenue growth, next FY +14.4%FY2026 +15.3%FY2026 -17.1%FY2026
Revenue growth, the year after +8.0% +11.3% +11.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMDLNISRGBDX
Held by institutions 85.5% 86.2% 96.1%
Institutions holding 407 2,235 1,442
Change in shares held, QoQ +17.9% +4.6% +0.6%
Institutions buying 322 1,070 688
Institutions selling 68 877 543
Buyers to sellers 4.74 1.22 1.27

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.

MDLNISRGBDX
MDLN 1.00 0.23 0.31
ISRG 0.23 1.00 0.32
BDX 0.31 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MDLN, ISRG and BDX?

Intuitive Surgical (ISRG) is the largest by market capitalisation: Medline (MDLN) $42.57B, Intuitive Surgical (ISRG) $154.54B, Becton Dickinson (BDX) $53.10B.

Which stock is cheaper, MDLN, ISRG and BDX?

Medline (MDLN) trades on the lowest price-to-earnings ratio (Medline (MDLN) 33.2x, Intuitive Surgical (ISRG) 52.6x, Becton Dickinson (BDX) 56.9x). On next year's consensus earnings, Becton Dickinson (BDX) is cheapest (Medline (MDLN) 22.5x, Intuitive Surgical (ISRG) 38.9x, Becton Dickinson (BDX) 15.0x). 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%, Becton Dickinson (BDX) +17.4%.

Which company is more profitable?

Intuitive Surgical (ISRG) has the highest net margin (Medline (MDLN) 2.9%, Intuitive Surgical (ISRG) 25.5%, Becton Dickinson (BDX) 4.0%). On return on invested capital, Medline (MDLN) leads (Medline (MDLN) 5.4%, Becton Dickinson (BDX) 5.3%).

Which stock has performed better?

Over the past year Becton Dickinson (BDX) returned the most: Intuitive Surgical (ISRG) -19.1%, Becton Dickinson (BDX) +4.2%. Over five years, Intuitive Surgical (ISRG) compounded fastest (Intuitive Surgical (ISRG) +4.6%/yr, Becton Dickinson (BDX) -4.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Becton Dickinson (BDX) 2.15%. Medline (MDLN) and Intuitive Surgical (ISRG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Becton Dickinson (BDX) has been the steadiest (Medline (MDLN) 44.6%, Intuitive Surgical (ISRG) 34.6%, Becton Dickinson (BDX) 31.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MDLN, ISRG and BDX?

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.