RMD vs ISRG vs EW Stock Comparison

Resmed, Intuitive Surgical and Edwards Lifesciences Prices as of Nov 5, 2026 Peers: Industry group
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RMD Resmed Inc
$239.16 +8.4% 1M -2.5% 1Y
Market cap
$33.44B
P/E
21.0x
Revenue (TTM)
$5.73B
Div. yield
–
Medical Devices Healthcare
5 wins
ISRG Intuitive Surgical Inc
$468.52 +15.8% 1M -14.6% 1Y
Market cap
$160.90B
P/E
54.4x
Revenue (TTM)
$11.58B
Div. yield
–
Medical Devices Healthcare
3 wins
EW Edwards Lifesciences Corp
$100.70 +16.4% 1M +21.6% 1Y
Market cap
$57.44B
P/E
56.2x
Revenue (TTM)
$6.67B
Div. yield
–
Medical Devices Healthcare
3 wins

Head to Head

11 decided of 12

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

QuestionRMDISRGEWLeader
Larger companyMarket capitalisation $33.44B $160.90B $57.44B ISRG
Cheaper on earningsLower P/E, profitable companies only 21.0x 54.4x 56.2x RMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.5x 40.7x 35.6x RMD
Faster revenue growthRevenue growth, trailing twelve months +9.0% +20.5% +13.4% ISRG
More profitableNet margin, trailing twelve months 27.8% 25.5% 15.3% RMD
Better return on capitalReturn on invested capital 22.0% — 8.7% RMD
Less leveragedLower net debt / EBITDA -0.3x — -2.5x EW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -2.5% -14.6% +21.6% EW
Better 5-year returnAnnualised price return, 5 years -1.7%/yr +5.1%/yr -3.2%/yr ISRG
Less volatileAnnualised volatility, 1 year 31.1% 35.9% 25.3% EW
Higher overall scoreMean of the five percentile scores vs peers 80/100 79/100 76/100 RMD

Percentile Scorecard

RMDISRGEW

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

AxisRMDISRGEW
Valuation 75 #58 of 229 47 #123 of 229 61 #89 of 229
Growth 58 #94 of 221 81 #44 of 221 55 #100 of 221
Profitability 100 #2 of 210 97 #7 of 210 94 #13 of 210
Financial Health 77 #55 of 240 81 #47 of 240 89 #28 of 240
Shareholder Returns 90 #15 of 147 93 #12 of 147 83 #26 of 147
Overall 80 79 76
  • RMD ranked among 247 companies in Medical Devices and Diagnostics
  • ISRG ranked among 247 companies in Medical Devices and Diagnostics
  • EW 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

PeriodRMDISRGEWSPY
1 month +8.4%+15.8%+16.4% -5.9%
3 months +7.1%+25.4%+12.7% -4.6%
6 months +15.6%+3.3%+21.7% +0.2%
Year to date -0.7%-17.3%+18.1% +7.5%
1 year -2.5%-14.6%+21.6% +8.2%
3 years +55.4%+69.0%+50.1% +68.3%
3 years, per year +15.8%+19.1%+14.5% +19.0%
5 years -8.2%+28.4%-15.1% +56.5%
5 years, per year -1.7%+5.1%-3.2% +9.4%
10 years +316.5%+528.0%+237.0% +251.5%
10 years, per year +15.3%+20.2%+12.9% +13.4%

Risk

MeasureRMDISRGEWSPY
Volatility, 1Y 31.1%35.9%25.3% 13.6%
Downside volatility, 1Y 33.9%38.0%24.7% 14.2%
Beta vs S&P 500, 1Y 0.490.930.54 1.00
Return / volatility, 1Y -0.08-0.410.85 0.60
Max drawdown, 5Y -49.8%-49.9%-54.3% -25.4%
From 52-week high -13.3%-21.0%0.0% -5.9%
52-week high $275.96$592.85$100.70 $779.14
52-week low $182.82$332.02$75.87 $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.

MultipleRMDISRGEW
P/E now vs peer median 21.5xmedian 26.9x 55.3xmedian 26.9x 56.8xmedian 26.9x
P/S now vs peer median 5.9xmedian 2.9x 14.0xmedian 2.9x 8.7xmedian 2.9x
EV/EBITDA now vs peer median 15.8xmedian 17.5x 38.7xmedian 17.5x 33.4xmedian 17.5x
P/FCF now vs peer median 20.9xmedian 26.4x 45.1xmedian 26.4x 40.7xmedian 26.4x
P/B now vs peer median 5.7xmedian 2.3x 10.1xmedian 2.3x 5.3xmedian 2.3x
PEG now vs peer median 0.98median 0.88 2.15median 0.88 -6.30median 0.88

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 monthsRMDISRGEW
Revenue $5.73B $11.58B $6.67B
Gross profit $3.50B $7.78B $5.21B
Operating income $1.89B $3.28B $1.44B
Net income $1.59B $2.97B $1.02B
Free cash flow $1.61B $3.60B $1.42B
R&D $393.82M $1.49B $1.09B
EPS (diluted) $11.11 $8.41 $1.77
Cash & equivalents $1.01B $2.98B $3.11B
Total debt $409.60M – $598.80M
Shares (diluted) 143.41M 351.60M 577.60M
Enterprise value $27.88B $141.19B $40.64B

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
MetricRMDISRGEW
P/E 21.5x 55.3x 56.8x
P/FCF 20.9x 45.1x 40.7x
P/Operating cash flow 19.0x 39.7x 33.8x
P/S 5.9x 14.0x 8.7x
P/B 5.7x 10.1x 5.3x
P/Tangible book 6.1x 10.9x 5.9x
EV/EBITDA 15.8x 38.7x 33.4x
EV/EBIT 17.4x 48.2x 37.4x
EV/Revenue 5.8x 13.7x 8.1x
EV/FCF 20.5x 44.0x 37.9x
EV/Operating cash flow 18.7x 38.7x 31.4x
PEG (3Y EPS CAGR) 0.98 2.15 -6.30

Growth

14 metrics
MetricRMDISRGEW
Revenue growth (1Y) 9.0% 20.5% 13.4%
Revenue CAGR (3Y) 9.4% 19.1% 16.9%
Gross profit growth (1Y) 11.0% 21.9% 13.2%
Gross profit CAGR (3Y) 13.2% 19.5% 13.7%
Operating income growth (1Y) 8.5% 16.6% 1.1%
Operating income CAGR (3Y) 18.2% 24.8% 5.8%
Net income growth (1Y) 10.8% 7.5% -25.2%
Net income CAGR (3Y) 20.7% 24.4% -10.6%
EPS growth (1Y) 13.5% 10.8% -24.3%
EPS CAGR (3Y) 21.8% 25.7% -9.0%
Operating cash flow growth (1Y) -6.0% 38.1% 68.9%
Operating cash flow CAGR (3Y) 23.7% 26.4% 18.1%
Free cash flow growth (1Y) -9.0% 58.4% 77.1%
Free cash flow CAGR (3Y) 25.5% 42.0% 20.8%

Profitability

14 metrics
MetricRMDISRGEW
Gross margin 61.1% 67.2% 78.0%
EBITDA margin 36.4% 35.3% 24.2%
Operating margin 33.0% 28.4% 21.6%
Pretax margin 35.1% 31.3% 21.5%
Net margin 27.8% 25.5% 15.3%
FCF margin 28.1% 31.1% 21.3%
Operating cash flow margin 30.9% 35.3% 25.7%
Return on equity 25.4% 17.3% 9.4%
Return on assets 18.5% 14.8% 7.2%
Return on invested capital 22.0% – 8.7%
Return on capital employed 26.1% 18.7% 11.6%
Asset turnover 0.7x 0.6x 0.5x
Cash conversion (OCF / net income) 1.1x 1.4x 1.7x
Stock comp / revenue 2.0% 7.2% 2.6%

Financial Health

11 metrics
MetricRMDISRGEW
Debt / assets 5.0% – 4.2%
Debt / equity 0.1x – 0.1x
Net debt / EBITDA -0.3x – -2.5x
Debt / FCF 0.3x – 0.4x
Liabilities / assets 27.6% 16.7% 22.5%
Equity / assets 72.4% 83.3% 77.5%
Interest coverage 81.1x – –
Current ratio 2.6x 3.3x 4.6x
Quick ratio 1.5x 2.3x 3.5x
Cash ratio 0.8x 1.6x 2.9x
Altman Z-score 11.98 32.00 13.72

Shareholder Returns

7 metrics
MetricRMDISRGEW
Dividend yield 1.0% – –
Net buyback yield 4.2% 2.6% 1.0%
Shareholder yield 5.2% 2.6% 1.0%
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.

ConsensusRMDISRGEW
Forward P/E 18.5xFY2027 40.7xFY2026 35.6xFY2026
EPS, next fiscal year $12.92FY2027 $11.51FY2026 $2.83FY2026
EPS growth, next FY +15.7%FY2027 +28.9%FY2026 +10.5%FY2026
EPS growth, the year after +8.9% +4.5% +12.7%
Revenue, next fiscal year $5.99BFY2027 $11.61BFY2026 $7.24BFY2026
Revenue growth, next FY +6.0%FY2027 +15.4%FY2026 +19.2%FY2026
Revenue growth, the year after -3.8% +11.2% -2.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRMDISRGEW
Held by institutions 68.7% 86.2% 90.6%
Institutions holding 889 2,240 1,326
Change in shares held, QoQ +3.2% +4.6% +20.4%
Institutions buying 404 1,072 641
Institutions selling 360 879 456
Buyers to sellers 1.12 1.22 1.41

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.

RMDISRGEW
RMD 1.00 0.50 0.35
ISRG 0.50 1.00 0.48
EW 0.35 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RMD, ISRG and EW?

Intuitive Surgical (ISRG) is the largest by market capitalisation: Resmed (RMD) $33.44B, Intuitive Surgical (ISRG) $160.90B, Edwards Lifesciences (EW) $57.44B.

Which stock is cheaper, RMD, ISRG and EW?

Resmed (RMD) trades on the lowest price-to-earnings ratio (Resmed (RMD) 21.0x, Intuitive Surgical (ISRG) 54.4x, Edwards Lifesciences (EW) 56.2x). On next year's consensus earnings, Resmed (RMD) is cheapest (Resmed (RMD) 18.5x, Intuitive Surgical (ISRG) 40.7x, Edwards Lifesciences (EW) 35.6x). 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: Resmed (RMD) +9.0%, Intuitive Surgical (ISRG) +20.5%, Edwards Lifesciences (EW) +13.4%.

Which company is more profitable?

Resmed (RMD) has the highest net margin (Resmed (RMD) 27.8%, Intuitive Surgical (ISRG) 25.5%, Edwards Lifesciences (EW) 15.3%). On return on invested capital, Resmed (RMD) leads (Resmed (RMD) 22.0%, Edwards Lifesciences (EW) 8.7%).

Which stock has performed better?

Over the past year Edwards Lifesciences (EW) returned the most: Resmed (RMD) -2.5%, Intuitive Surgical (ISRG) -14.6%, Edwards Lifesciences (EW) +21.6%. Over five years, Intuitive Surgical (ISRG) compounded fastest (Resmed (RMD) -1.7%/yr, Intuitive Surgical (ISRG) +5.1%/yr, Edwards Lifesciences (EW) -3.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Edwards Lifesciences (EW) has been the steadiest (Resmed (RMD) 31.1%, Intuitive Surgical (ISRG) 35.9%, Edwards Lifesciences (EW) 25.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RMD, ISRG and EW?

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 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.