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Abbott Laboratories (ABT) vs. Medtronic (MDT)

This page compares Abbott Laboratories (ABT) with Medtronic (MDT) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.

Company Profile

Abbott Laboratories (ABT) and Medtronic (MDT) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.

SymbolABTMDT
Company NameAbbott LaboratoriesMedtronic plc
Country/RegionUnited StatesIreland
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care EquipmentHealth Care Equipment
Market Capitalization154.71 billion USD100.89 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980May 2, 1973
Security TypeCommon StockCommon Stock

Historical Performance

ABT
MDT
Loading price history…
Abbott Laboratories (ABT) vs. Medtronic (MDT): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Historical Performance at a Glance

SymbolABTMDT
5-Day Price Return4.22%0.65%
13-Week Price Return-21.98%-22.28%
26-Week Price Return-30.17%-16.56%
52-Week Price Return-34.78%-10.55%
Month-to-Date Return-3.17%-4.51%
Year-to-Date Return-29.83%-19.51%
10-Day Avg. Volume13.51M10.03M
3-Month Avg. Volume12.17M8.83M
3-Month Volatility25.91%22.49%
Beta0.650.63

Profitability

Return on Equity (TTM)

Both Abbott Laboratories (ABT) at 12.20% and Medtronic (MDT) at 9.54% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.

ABT

Health Care Equipment & Services industry group

12.20%

Max
46.60%
Q3
16.64%
Median
9.08%
Q1
-6.70%
Min
-41.21%

MDT

Health Care Equipment & Services industry group

9.54%

Max
46.60%
Q3
16.64%
Median
9.08%
Q1
-6.70%
Min
-41.21%
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Return on Equity (TTM) against the Health Care Equipment & Services industry group benchmark.

Net Profit Margin (TTM)

Both Abbott Laboratories (ABT) at 13.91% and Medtronic (MDT) at 13.01% rank in the top quartile for Net Profit Margin (TTM) among industry peers, indicating both companies convert revenue into net income more strongly than typical competitors.

ABT

Health Care Equipment & Services industry group

13.91%

Max
28.44%
Q3
10.12%
Median
3.71%
Q1
-3.46%
Min
-23.04%

MDT

Health Care Equipment & Services industry group

13.01%

Max
28.44%
Q3
10.12%
Median
3.71%
Q1
-3.46%
Min
-23.04%
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Net Profit Margin (TTM) against the Health Care Equipment & Services industry group benchmark.

Operating Profit Margin (TTM)

Both Abbott Laboratories (ABT) at 17.09% and Medtronic (MDT) at 17.00% rank in the top quartile for Operating Profit Margin (TTM) among industry peers, indicating both companies convert revenue into operating income more strongly than typical competitors.

ABT

Health Care Equipment & Services industry group

17.09%

Max
37.44%
Q3
14.78%
Median
7.82%
Q1
-1.32%
Min
-18.53%

MDT

Health Care Equipment & Services industry group

17.00%

Max
37.44%
Q3
14.78%
Median
7.82%
Q1
-1.32%
Min
-18.53%
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Operating Profit Margin (TTM) against the Health Care Equipment & Services industry group benchmark.

Profitability at a Glance

SymbolABTMDT
Return on Equity (TTM)12.20%9.54%
Return on Assets (TTM)6.87%5.05%
Net Profit Margin (TTM)13.91%13.01%
Operating Profit Margin (TTM)17.09%17.00%
Gross Profit Margin (TTM)56.50%65.16%

Financial Strength

Current Ratio (MRQ)

Both Abbott Laboratories (ABT) at 1.39 and Medtronic (MDT) at 2.54 carry Current Ratio (MRQ) within their industry mid-ranges, suggesting balanced short-term liquidity relative to peers.

ABT

Health Care Equipment & Services industry group

1.39

Max
5.20
Q3
2.91
Median
1.76
Q1
1.33
Min
0.01

MDT

Health Care Equipment & Services industry group

2.54

Max
5.20
Q3
2.91
Median
1.76
Q1
1.33
Min
0.01
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Current Ratio (MRQ) against the Health Care Equipment & Services industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Both Abbott Laboratories (ABT) at 0.65 and Medtronic (MDT) at 0.57 post Debt-to-Equity Ratio (MRQ) near their industry mid-ranges, so neither company stands out strongly from peers on leverage.

ABT

Health Care Equipment & Services industry group

0.65

Max
2.20
Q3
1.06
Median
0.63
Q1
0.24
Min
0.00

MDT

Health Care Equipment & Services industry group

0.57

Max
2.20
Q3
1.06
Median
0.63
Q1
0.24
Min
0.00
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Debt-to-Equity Ratio (MRQ) against the Health Care Equipment & Services industry group benchmark.

Interest Coverage Ratio (TTM)

Abbott Laboratories (ABT) leads with Interest Coverage Ratio (TTM) of 63.71, above its industry benchmark range, while Medtronic (MDT) at 10.20 also ranks strongly in the top quartile.

ABT

Health Care Equipment & Services industry group

63.71

Max
26.11
Q3
10.11
Median
4.00
Q1
-0.92
Min
-15.06

MDT

Health Care Equipment & Services industry group

10.20

Max
26.11
Q3
10.11
Median
4.00
Q1
-0.92
Min
-15.06
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Interest Coverage Ratio (TTM) against the Health Care Equipment & Services industry group benchmark.

Financial Strength at a Glance

SymbolABTMDT
Current Ratio (MRQ)1.392.54
Quick Ratio (MRQ)0.841.87
Debt-to-Equity Ratio (MRQ)0.650.57
Interest Coverage Ratio (TTM)63.7110.20

Growth

Revenue Growth

Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolABTMDT
Revenue Growth (MRQ vs Prior YoY)7.78%8.74%
Revenue Growth (TTM vs Prior YoY)6.59%6.88%
3-Year Revenue CAGR0.51%1.91%
5-Year Revenue CAGR5.08%3.01%

EPS Growth

Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolABTMDT
EPS Growth (MRQ vs Prior YoY)-18.70%-11.82%
EPS Growth (TTM vs Prior YoY)-53.59%8.94%
3-Year EPS CAGR-1.71%-1.04%
5-Year EPS CAGR8.20%0.39%

Dividend

Dividend Yield (TTM)

Both Abbott Laboratories (ABT) at 2.72% and Medtronic (MDT) at 3.60% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.

ABT

Health Care Equipment & Services industry group

2.72%

Max
1.73%
Q3
0.73%
Median
0.00%
Q1
0.00%
Min
0.00%

MDT

Health Care Equipment & Services industry group

3.60%

Max
1.73%
Q3
0.73%
Median
0.00%
Q1
0.00%
Min
0.00%
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Dividend Yield (TTM) against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Abbott Laboratories (ABT) at 66.73% and Medtronic (MDT) at 78.60% post Dividend Payout Ratio (TTM) outside their industries’ typical mid-range — either leaning toward more retention or more distribution than the industry median.

ABT

Health Care Equipment & Services industry group

66.73%

Max
28.97%
Q3
12.35%
Median
0.00%
Q1
0.00%
Min
0.00%

MDT

Health Care Equipment & Services industry group

78.60%

Max
28.97%
Q3
12.35%
Median
0.00%
Q1
0.00%
Min
0.00%
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Dividend Payout Ratio (TTM) against the Health Care Equipment & Services industry group benchmark.

Dividend at a Glance

SymbolABTMDT
Dividend Yield (TTM)2.72%3.60%
Dividend Payout Ratio (TTM)66.73%78.60%

Valuation

Price-to-Earnings Ratio (TTM)

Both Abbott Laboratories (ABT) at 24.58 and Medtronic (MDT) at 21.83 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.

ABT

Health Care Equipment & Services industry group

24.58

Max
55.40
Q3
39.59
Median
27.03
Q1
19.84
Min
0.85

MDT

Health Care Equipment & Services industry group

21.83

Max
55.40
Q3
39.59
Median
27.03
Q1
19.84
Min
0.85
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Price-to-Earnings Ratio (TTM) against the Health Care Equipment & Services industry group benchmark.

Price-to-Sales Ratio (TTM)

Both Abbott Laboratories (ABT) at 3.42 and Medtronic (MDT) at 2.84 post Price-to-Sales Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing revenue multiple.

ABT

Health Care Equipment & Services industry group

3.42

Max
7.51
Q3
3.57
Median
1.79
Q1
0.85
Min
0.03

MDT

Health Care Equipment & Services industry group

2.84

Max
7.51
Q3
3.57
Median
1.79
Q1
0.85
Min
0.03
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Price-to-Sales Ratio (TTM) against the Health Care Equipment & Services industry group benchmark.

Price-to-Book Ratio (MRQ)

Both Abbott Laboratories (ABT) at 3.43 and Medtronic (MDT) at 2.64 post Price-to-Book Ratio (MRQ) near the typical industry midpoint — neither company stands out strongly from peers on book-value multiple.

ABT

Health Care Equipment & Services industry group

3.43

Max
13.66
Q3
6.49
Median
3.09
Q1
1.67
Min
0.45

MDT

Health Care Equipment & Services industry group

2.64

Max
13.66
Q3
6.49
Median
3.09
Q1
1.67
Min
0.45
Abbott Laboratories (ABT) vs. Medtronic (MDT): A comparison of their Price-to-Book Ratio (MRQ) against the Health Care Equipment & Services industry group benchmark.

Valuation at a Glance

SymbolABTMDT
Price-to-Earnings Ratio (TTM)24.5821.83
Price-to-Sales Ratio (TTM)3.422.84
Price-to-Book Ratio (MRQ)3.432.64
Price-to-Free Cash Flow Ratio (TTM)20.9118.63