MDT vs SKYA vs ISRG Stock Comparison

Medtronic, SkyAI and Intuitive Surgical Prices as of Oct 27, 2026 Peers: Industry group
MDT Medtronic plc
$93.93 +6.0% 1M -0.2% 1Y
Market cap
$121.74B
P/E
23.3x
Revenue (TTM)
$37.54B
Div. yield
0.03%
Medical Devices Healthcare
3 wins
SKYA SkyAI, Inc.
$2.91 +54.8% 1M -46.2% 1Y
Market cap
$212.31M
P/E
–
Revenue (TTM)
$194.22K
Div. yield
–
Medical Supplies Healthcare
2 wins
ISRG Intuitive Surgical Inc
$445.88 +10.0% 1M -19.1% 1Y
Market cap
$155.46B
P/E
52.6x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
4 wins

Head to Head

9 decided of 12

Intuitive Surgical leads on 4 of the 12 questions below (Intuitive Surgical 4, Medtronic 3, SkyAI 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMDTSKYAISRGLeader
Larger companyMarket capitalisation $121.74B $212.31M $155.46B ISRG
Cheaper on earningsLower P/E, profitable companies only 23.3x -0.7x 52.6x MDT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.9x 0.0x 38.9x SKYA
Faster revenue growthRevenue growth, trailing twelve months +9.8% +108.9% +20.5% SKYA
More profitableNet margin, trailing twelve months 13.9% -158,431.4% 25.5% ISRG
Better return on capitalReturn on invested capital 6.9% — — –
Less leveragedLower net debt / EBITDA 2.0x — — –
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -0.2% -46.2% -19.1% MDT
Better 5-year returnAnnualised price return, 5 years -5.0%/yr — +4.6%/yr ISRG
Less volatileAnnualised volatility, 1 year 24.7% 106.0% 34.6% MDT
Higher overall scoreMean of the five percentile scores vs peers 66/100 26/100 80/100 ISRG

Percentile Scorecard

MDTSKYAISRG

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

AxisMDTSKYAISRG
Valuation 85 #36 of 227 2 #222 of 227 54 #106 of 227
Growth 51 #107 of 219 6 #205 of 219 80 #45 of 219
Profitability 86 #29 of 206 1 #204 of 206 98 #6 of 206
Financial Health 50 #120 of 238 95 #14 of 238 78 #53 of 238
Shareholder Returns 59 #56 of 134 – 92 #12 of 134
Overall 66 26 80
  • MDT ranked among 247 companies in Medical Devices and Diagnostics
  • SKYA ranked among 247 companies in Medical Devices and Diagnostics
  • ISRG 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

PeriodMDTSKYAISRGSPY
1 month +6.0%+54.8%+10.0% -0.2%
3 months +8.1%+107.9%+23.2% +3.9%
6 months +14.7%+62.6%-4.4% +8.2%
Year to date -2.2%+43.3%-21.3% +12.9%
1 year -0.2%-46.2%-19.1% +12.3%
3 years +35.3%-99.9%+72.2% +87.4%
3 years, per year +10.6%-90.1%+19.9% +23.3%
5 years -22.5%—+25.4% +67.9%
5 years, per year -5.0%—+4.6% +10.9%
10 years +15.8%—+505.1% +261.1%
10 years, per year +1.5%—+19.7% +13.7%

Risk

MeasureMDTSKYAISRGSPY
Volatility, 1Y 24.7%106.0%34.6% 12.7%
Downside volatility, 1Y 22.0%104.5%37.4% 12.7%
Beta vs S&P 500, 1Y 0.112.590.89 1.00
Return / volatility, 1Y -0.01-0.44-0.55 0.97
Max drawdown, 5Y -43.6%-100.0%-49.9% -25.4%
From 52-week high -10.8%-46.2%-24.8% -1.2%
52-week high $105.35$5.41$592.85 $779.14
52-week low $73.75$0.95$332.02 $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.

MultipleMDTSKYAISRG
P/E now vs peer median 23.0xmedian 29.6x -0.7xmedian 29.6x 52.6xmedian 29.6x
P/S now vs peer median 3.2xmedian 2.9x 1,080xmedian 2.9x 13.3xmedian 2.9x
EV/EBITDA now vs peer median 14.4xmedian 17.4x —median 17.4x 36.8xmedian 17.4x
P/FCF now vs peer median 19.6xmedian 22.3x —median 22.3x 43.0xmedian 22.3x
P/B now vs peer median 2.4xmedian 2.3x 1.3xmedian 2.3x 9.6xmedian 2.3x
PEG now vs peer median 1.59median 1.04 0.01median 1.04 2.05median 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 monthsMDTSKYAISRG
Revenue $37.54B $194.22K $11.58B
Gross profit $24.41B $321.93K $7.78B
Operating income $6.79B -$289.52M $3.28B
Net income $5.27B -$307.71M $2.97B
Free cash flow $6.13B – $3.60B
R&D $2.92B $399.91K $1.49B
EPS (diluted) $4.07 $-4.27 $8.41
Cash & equivalents $1.69B $12.07M $2.98B
Total debt $113.29B – –
Shares (diluted) 1.29B 72.09M 351.60M
Enterprise value $86.99B $171.02M $135.74B

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
MetricMDTSKYAISRG
P/E 23.0x -0.7x 52.6x
P/FCF 19.6x – 43.0x
P/Operating cash flow 15.0x – 37.8x
P/S 3.2x 1,080x 13.3x
P/B 2.4x 1.3x 9.6x
P/Tangible book 3.0x 16.1x 10.4x
EV/EBITDA 14.4x – 36.8x
EV/EBIT 20.6x -0.7x 45.8x
EV/Revenue 3.7x 1,018x 13.0x
EV/FCF 22.8x – 41.8x
EV/Operating cash flow 17.4x – 36.8x
PEG (3Y EPS CAGR) 1.59 0.01 2.05

Growth

14 metrics
MetricMDTSKYAISRG
Revenue growth (1Y) 9.8% 108.9% 20.5%
Revenue CAGR (3Y) 6.0% 23.8% 19.1%
Gross profit growth (1Y) 9.3% – 21.9%
Gross profit CAGR (3Y) 5.6% – 19.5%
Operating income growth (1Y) 10.9% -5,525% 16.6%
Operating income CAGR (3Y) 6.4% -212.8% 24.8%
Net income growth (1Y) 12.4% -42,440% 7.5%
Net income CAGR (3Y) 13.0% -238.0% 24.4%
EPS growth (1Y) 12.4% -487.2% 10.8%
EPS CAGR (3Y) 14.5% -84.2% 25.7%
Operating cash flow growth (1Y) 12.4% – 38.1%
Operating cash flow CAGR (3Y) 11.3% – 26.4%
Free cash flow growth (1Y) 15.6% – 58.4%
Free cash flow CAGR (3Y) 11.3% – 42.0%

Profitability

14 metrics
MetricMDTSKYAISRG
Gross margin 65.0% 165.8% 67.2%
EBITDA margin 25.9% – 35.3%
Operating margin 18.1% -149,065% 28.4%
Pretax margin 17.6% -151,352% 31.3%
Net margin 13.9% -158,431% 25.5%
FCF margin 16.3% – 31.1%
Operating cash flow margin 21.4% – 35.3%
Return on equity 10.4% -140.2% 17.3%
Return on assets 5.7% -137.6% 14.8%
Return on invested capital 6.9% – –
Return on capital employed 8.3% -136.7% 18.7%
Asset turnover 0.4x 0.0x 0.6x
Cash conversion (OCF / net income) 1.5x – 1.4x
Stock comp / revenue 1.3% 48,037% 7.2%

Financial Health

11 metrics
MetricMDTSKYAISRG
Debt / assets 30.2% – –
Debt / equity 0.6x – –
Net debt / EBITDA 2.0x – –
Debt / FCF 4.6x – –
Liabilities / assets 45.5% 1.9% 16.7%
Equity / assets 54.5% 98.1% 83.3%
Interest coverage 9.4x – –
Current ratio 2.1x 5.3x 3.3x
Quick ratio 1.3x 4.4x 2.3x
Cash ratio 0.7x 4.2x 1.6x
Altman Z-score 3.00 31.41 30.55

Shareholder Returns

7 metrics
MetricMDTSKYAISRG
Dividend yield 3.0% – –
Net buyback yield 0.2% – 2.8%
Shareholder yield 3.2% – 2.8%
Payout ratio (earnings) 69.3% – –
Payout ratio (FCF) 59.5% – –
Dividend growth (1Y) 1.4% – –
Dividend CAGR (3Y) 0.2% – –

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.

ConsensusMDTSKYAISRG
Forward P/E 16.9xFY2026 0.0xFY2026 38.9xFY2026
EPS, next fiscal year $5.57FY2026 $2,362.06FY2026 $11.47FY2026
EPS growth, next FY +0.7%FY2026 – +28.4%FY2026
EPS growth, the year after +7.2% – +4.5%
Revenue, next fiscal year $39.92BFY2026 $70.01MFY2026 $11.60BFY2026
Revenue growth, next FY +9.8%FY2026 +34,200.1%FY2026 +15.3%FY2026
Revenue growth, the year after -4.7% +17.5% +11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMDTSKYAISRG
Held by institutions 85.1% – 86.2%
Institutions holding 2,124 – 2,235
Change in shares held, QoQ -0.2% – +4.6%
Institutions buying 1,013 – 1,070
Institutions selling 913 – 877
Buyers to sellers 1.11 – 1.22

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.

MDTSKYAISRG
MDT 1.00 0.07 0.43
SKYA 0.07 1.00 0.15
ISRG 0.43 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MDT, SKYA and ISRG?

Intuitive Surgical (ISRG) is the largest by market capitalisation: Medtronic (MDT) $121.74B, SkyAI (SKYA) $212.31M, Intuitive Surgical (ISRG) $155.46B.

Which stock is cheaper, MDT, SKYA and ISRG?

Medtronic (MDT) trades on the lowest price-to-earnings ratio (Medtronic (MDT) 23.3x, SkyAI (SKYA) -0.7x, Intuitive Surgical (ISRG) 52.6x). On next year's consensus earnings, SkyAI (SKYA) is cheapest (Medtronic (MDT) 16.9x, SkyAI (SKYA) 0.0x, Intuitive Surgical (ISRG) 38.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

SkyAI (SKYA) grew revenue fastest over the trailing twelve months: Medtronic (MDT) +9.8%, SkyAI (SKYA) +108.9%, Intuitive Surgical (ISRG) +20.5%.

Which company is more profitable?

Intuitive Surgical (ISRG) has the highest net margin (Medtronic (MDT) 13.9%, SkyAI (SKYA) -158,431.4%, Intuitive Surgical (ISRG) 25.5%).

Which stock has performed better?

Over the past year Medtronic (MDT) returned the most: Medtronic (MDT) -0.2%, SkyAI (SKYA) -46.2%, Intuitive Surgical (ISRG) -19.1%. Over five years, Intuitive Surgical (ISRG) compounded fastest (Medtronic (MDT) -5.0%/yr, Intuitive Surgical (ISRG) +4.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Medtronic (MDT) 0.03%, SkyAI (SKYA) 0.00%, Intuitive Surgical (ISRG) 0.00%. SkyAI (SKYA) and Intuitive Surgical (ISRG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Medtronic (MDT) has been the steadiest (Medtronic (MDT) 24.7%, SkyAI (SKYA) 106.0%, Intuitive Surgical (ISRG) 34.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MDT, SKYA and ISRG?

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 4. 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.