RMD vs ALGN vs SYK Stock Comparison

Resmed, Align Technology and Stryker Prices as of Oct 29, 2026 Peers: Industry group
RMD Resmed Inc
$252.81 +13.4% 1M -0.3% 1Y
Market cap
$36.47B
P/E
23.1x
Revenue (TTM)
$5.73B
Div. yield
0.97%
Medical Devices Healthcare
4 wins
ALGN Align Technology Inc
$153.71 +6.7% 1M +16.5% 1Y
Market cap
$10.95B
P/E
26.6x
Revenue (TTM)
$4.14B
Div. yield
–
Dental Healthcare
2 wins
SYK Stryker Corp
$311.75 +11.8% 1M -15.6% 1Y
Market cap
$119.58B
P/E
28.7x
Revenue (TTM)
—
Div. yield
1.13%
Medical Devices Healthcare
3 wins

Head to Head

9 decided of 12

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

QuestionRMDALGNSYKLeader
Larger companyMarket capitalisation $36.47B $10.95B $119.58B SYK
Cheaper on earningsLower P/E, profitable companies only 23.1x 26.6x 28.7x RMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.7x 14.0x 19.6x ALGN
Faster revenue growthRevenue growth, trailing twelve months +9.0% +4.4% — RMD
More profitableNet margin, trailing twelve months — 10.0% — –
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.97% — 1.13% SYK
Better 1-year returnPrice return, last 12 months -0.3% +16.5% -15.6% ALGN
Better 5-year returnAnnualised price return, 5 years -0.8%/yr -24.5%/yr +3.2%/yr SYK
Less volatileAnnualised volatility, 1 year 29.0% 39.0% 30.6% RMD
Higher overall scoreMean of the five percentile scores vs peers 68/100 66/100 — RMD

Percentile Scorecard

RMDALGNSYK

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

AxisRMDALGNSYK
Valuation 62 #88 of 227 88 #28 of 227 70 #68 of 227
Growth 59 #89 of 218 24 #167 of 218 –
Profitability 87 #28 of 202 89 #23 of 202 –
Financial Health 65 #83 of 233 44 #132 of 233 –
Shareholder Returns 70 #40 of 130 88 #17 of 130 78 #30 of 130
Overall 68 66 –
  • RMD ranked among 247 companies in Medical Devices and Diagnostics
  • ALGN ranked among 247 companies in Medical Devices and Diagnostics
  • SYK 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

PeriodRMDALGNSYKSPY
1 month +13.4%+6.7%+11.8% +0.7%
3 months +21.2%-11.4%-10.5% +3.7%
6 months +18.2%-12.7%-1.1% +7.1%
Year to date +5.0%-1.6%-11.3% +12.8%
1 year -0.3%+16.5%-15.6% +11.9%
3 years +83.9%-17.7%+18.7% +85.2%
3 years, per year +22.5%-6.3%+5.9% +22.8%
5 years -3.8%-75.4%+17.2% +67.6%
5 years, per year -0.8%-24.5%+3.2% +10.9%
10 years +318.9%+80.5%+172.8% +262.0%
10 years, per year +15.4%+6.1%+10.6% +13.7%

Risk

MeasureRMDALGNSYKSPY
Volatility, 1Y 29.0%39.0%30.6% 12.7%
Downside volatility, 1Y 30.7%37.1%31.8% 12.6%
Beta vs S&P 500, 1Y 0.391.300.11 1.00
Return / volatility, 1Y -0.010.42-0.51 0.94
Max drawdown, 5Y -49.8%-82.4%-33.1% -25.4%
From 52-week high -8.4%-22.2%-19.5% -1.2%
52-week high $275.96$197.51$387.46 $779.14
52-week low $182.82$131.91$269.88 $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.

MultipleRMDALGNSYK
P/E now vs peer median 23.1xmedian 28.7x 26.6xmedian 28.7x 28.7xmedian 28.7x
P/S now vs peer median 6.4xmedian 3.0x 2.6xmedian 3.0x 4.1xmedian 3.0x
EV/EBITDA now vs peer median —median 17.8x 12.3xmedian 17.8x —median 17.8x
P/FCF now vs peer median 19.5xmedian 26.4x 17.3xmedian 26.4x 22.7xmedian 26.4x
P/B now vs peer median 6.1xmedian 2.4x 2.6xmedian 2.4x 5.1xmedian 2.4x
PEG now vs peer median 1.10median 0.99 2.18median 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 monthsRMDALGNSYK
Revenue $5.73B $4.14B –
Gross profit $3.50B $2.82B –
Operating income $1.89B $547.59M –
Net income $1.59B $413.58M –
Free cash flow – $633.57M –
R&D – $377.00M –
EPS (diluted) $10.91 $5.78 –
Cash & equivalents $1.01B $1.10B $3.27B
Shares (diluted) 146.05M 71.52M 386.00M
Enterprise value $36.47B $6.69B $119.58B

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
MetricRMDALGNSYK
P/E 23.1x 26.6x 28.7x
P/FCF 19.5x 17.3x 22.7x
P/Operating cash flow 20.6x 14.5x 22.0x
P/S 6.4x 2.6x 4.1x
P/B 6.1x 2.6x 5.1x
P/Tangible book 6.1x 2.6x 5.1x
EV/EBITDA – 12.3x –
EV/EBIT – 18.0x –
EV/Revenue 6.4x 2.4x –
EV/FCF – 15.5x –
EV/Operating cash flow 20.6x 13.0x 22.0x
PEG (3Y EPS CAGR) 1.10 2.18 –

Growth

14 metrics
MetricRMDALGNSYK
Revenue growth (1Y) 9.0% 4.4% –
Revenue CAGR (3Y) 9.4% 3.5% –
Gross profit growth (1Y) 10.9% 1.8% –
Gross profit CAGR (3Y) 13.2% 2.6% –
Operating income growth (1Y) 8.5% -8.8% –
Operating income CAGR (3Y) 18.2% -0.8% –
Net income growth (1Y) 10.8% -5.5% –
Net income CAGR (3Y) 20.7% 9.6% –
EPS growth (1Y) 11.4% -4.1% –
EPS CAGR (3Y) 21.1% 12.2% –
Operating cash flow growth (1Y) -6.0% 3.4% 12.7%
Operating cash flow CAGR (3Y) 23.7% -4.3% 19.6%
Free cash flow growth (1Y) – 0.3% –
Free cash flow CAGR (3Y) – 1.2% –

Profitability

14 metrics
MetricRMDALGNSYK
Gross margin – 68.0% –
EBITDA margin – 19.4% –
Operating margin – 13.2% –
Pretax margin – 13.7% –
Net margin – 10.0% –
FCF margin – 15.3% –
Operating cash flow margin 30.9% 18.3% –
Return on equity 25.4% 9.9% –
Return on assets 18.5% 6.5% –
Return on invested capital – – –
Return on capital employed – 12.3% –
Asset turnover 0.7x 0.7x –
Cash conversion (OCF / net income) 1.1x 1.8x –
Stock comp / revenue 2.0% 4.3% –

Financial Health

11 metrics
MetricRMDALGNSYK
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 27.6% 34.0% –
Equity / assets 72.4% 66.0% 49.6%
Interest coverage – – –
Current ratio 2.6x 1.4x 2.2x
Quick ratio – 1.2x –
Cash ratio – 0.6x –
Altman Z-score – 4.64 –

Shareholder Returns

7 metrics
MetricRMDALGNSYK
Dividend yield 1.0% – 1.1%
Net buyback yield – 2.3% –
Shareholder yield 1.0% 2.3% 1.1%
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.

ConsensusRMDALGNSYK
Forward P/E 19.7xFY2027 14.0xFY2026 19.6xFY2026
EPS, next fiscal year $12.86FY2027 $10.95FY2026 $15.91FY2026
EPS growth, next FY +15.1%FY2027 +4.2%FY2026 +16.7%FY2026
EPS growth, the year after +9.8% +16.3% +2.5%
Revenue, next fiscal year $5.97BFY2027 $3.86BFY2026 $26.14BFY2026
Revenue growth, next FY +5.6%FY2027 -4.2%FY2026 +4.1%FY2026
Revenue growth, the year after -3.4% +3.5% +18.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRMDALGNSYK
Held by institutions 68.7% 100.0% 80.3%
Institutions holding 888 676 2,265
Change in shares held, QoQ +3.2% +4.2% +3.2%
Institutions buying 405 292 1,103
Institutions selling 358 268 852
Buyers to sellers 1.13 1.09 1.29

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.

RMDALGNSYK
RMD 1.00 0.36 0.51
ALGN 0.36 1.00 0.27
SYK 0.51 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RMD, ALGN and SYK?

Stryker (SYK) is the largest by market capitalisation: Resmed (RMD) $36.47B, Align Technology (ALGN) $10.95B, Stryker (SYK) $119.58B.

Which stock is cheaper, RMD, ALGN and SYK?

Resmed (RMD) trades on the lowest price-to-earnings ratio (Resmed (RMD) 23.1x, Align Technology (ALGN) 26.6x, Stryker (SYK) 28.7x). On next year's consensus earnings, Align Technology (ALGN) is cheapest (Resmed (RMD) 19.7x, Align Technology (ALGN) 14.0x, Stryker (SYK) 19.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Resmed (RMD) grew revenue fastest over the trailing twelve months: Resmed (RMD) +9.0%, Align Technology (ALGN) +4.4%.

Which stock has performed better?

Over the past year Align Technology (ALGN) returned the most: Resmed (RMD) -0.3%, Align Technology (ALGN) +16.5%, Stryker (SYK) -15.6%. Over five years, Stryker (SYK) compounded fastest (Resmed (RMD) -0.8%/yr, Align Technology (ALGN) -24.5%/yr, Stryker (SYK) +3.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Stryker (SYK) has the highest dividend yield: Resmed (RMD) 0.97%, Stryker (SYK) 1.13%. Align Technology (ALGN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Resmed (RMD) has been the steadiest (Resmed (RMD) 29.0%, Align Technology (ALGN) 39.0%, Stryker (SYK) 30.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RMD, ALGN and SYK?

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