ABT vs. MDT: Abbott Laboratories vs. Medtronic Stock Comparison
How do Abbott Laboratories (ABT) and Medtronic (MDT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
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.
| Profile Item | ABT | MDT |
|---|---|---|
| Name | Abbott Laboratories | Medtronic plc |
| Country/Region | United States | Ireland |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies | Health Care Equipment & Supplies |
| GICS Sub-Industry | Health Care Equipment | Health Care Equipment |
| Market Capitalization | 158.05 billion USD | 100.14 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | May 2, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | ABT | MDT |
|---|---|---|
| Total Return (1Y) | -31.92% | -7.34% |
Risk Profile
Drawdown History
Risk Metrics
| Metric | ABT | MDT |
|---|---|---|
| Volatility (1Y, Annualized) | 24.79% | 21.72% |
| Beta (5Y) | 0.61 | 0.57 |
| Avg. Volume (3M) | 12.99M | 10.19M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
Both Abbott Laboratories (ABT) at 12.33% and Medtronic (MDT) at 9.84% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ABT
Health Care Equipment & Services industry group
12.33%
- Max
- 53.65%
- Q3
- 13.38%
- ABT
- 12.33%
- Median
- 3.66%
- Q1
- -17.06%
- Min
- -59.21%
MDT
Health Care Equipment & Services industry group
9.84%
- Max
- 53.65%
- Q3
- 13.38%
- MDT
- 9.84%
- Median
- 3.66%
- Q1
- -17.06%
- Min
- -59.21%
Net Margin (TTM)
For every dollar of sales, both Abbott Laboratories (ABT) at 13.91% and Medtronic (MDT) at 13.20% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ABT
Health Care Equipment & Services industry group
13.91%
- Max
- 30.40%
- ABT
- 13.91%
- Q3
- 8.04%
- Median
- 1.52%
- Q1
- -9.42%
- Min
- -34.34%
MDT
Health Care Equipment & Services industry group
13.20%
- Max
- 30.40%
- MDT
- 13.20%
- Q3
- 8.04%
- Median
- 1.52%
- Q1
- -9.42%
- Min
- -34.34%
Operating Margin (TTM)
Both Abbott Laboratories (ABT) at 13.47% and Medtronic (MDT) at 22.05% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ABT
Health Care Equipment & Services industry group
13.47%
- Max
- 37.54%
- ABT
- 13.47%
- Q3
- 12.56%
- Median
- 5.48%
- Q1
- -4.26%
- Min
- -25.61%
MDT
Health Care Equipment & Services industry group
22.05%
- Max
- 37.54%
- MDT
- 22.05%
- Q3
- 12.56%
- Median
- 5.48%
- Q1
- -4.26%
- Min
- -25.61%
Profitability Metrics
| Metric | ABT | MDT |
|---|---|---|
| ROE (TTM) | 12.33% | 9.84% |
| ROA (TTM) | 5.59% | 4.92% |
| Net Margin (TTM) | 13.91% | 13.20% |
| Operating Margin (TTM) | 13.47% | 22.05% |
| Gross Margin (TTM) | 56.50% | 65.31% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | ABT | MDT |
|---|---|---|
| Revenue Growth (YoY) | 5.67% | 8.43% |
| Revenue Growth (3Y CAGR) | 0.51% | 5.21% |
EPS Growth
EPS Growth Metrics
| Metric | ABT | MDT |
|---|---|---|
| EPS Growth (YoY) | -51.31% | -- |
| EPS Growth (3Y CAGR) | -1.65% | -- |
Financial Strength
Current Ratio (MRQ)
Both Abbott Laboratories (ABT) at 1.39 and Medtronic (MDT) at 2.13 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
ABT
Health Care Equipment & Services industry group
1.39
- Max
- 7.79
- Q3
- 4.28
- Median
- 1.99
- ABT
- 1.39
- Q1
- 1.34
- Min
- 0.04
MDT
Health Care Equipment & Services industry group
2.13
- Max
- 7.79
- Q3
- 4.28
- MDT
- 2.13
- Median
- 1.99
- Q1
- 1.34
- Min
- 0.04
Debt / Equity (MRQ)
Both Abbott Laboratories (ABT) at 0.65 and Medtronic (MDT) at 0.58 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ABT
Health Care Equipment & Services industry group
0.65
- Max
- 2.02
- Q3
- 1.01
- ABT
- 0.65
- Median
- 0.60
- Q1
- 0.15
- Min
- 0.00
MDT
Health Care Equipment & Services industry group
0.58
- Max
- 2.02
- Q3
- 1.01
- Median
- 0.60
- MDT
- 0.58
- Q1
- 0.15
- Min
- 0.00
Financial Strength Metrics
| Metric | ABT | MDT |
|---|---|---|
| Current Ratio (MRQ) | 1.39 | 2.13 |
| Debt / Equity (MRQ) | 0.65 | 0.58 |
| Net Debt / EBITDA | 2.29 | 1.97 |
Dividends
Dividend Yield (TTM)
Both Abbott Laboratories (ABT) at 2.63% and Medtronic (MDT) at 3.51% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
ABT
Health Care Equipment & Services industry group
2.63%
- ABT
- 2.63%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MDT
Health Care Equipment & Services industry group
3.51%
- MDT
- 3.51%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Abbott Laboratories (ABT) at 67.23% and Medtronic (MDT) at 76.14% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
ABT
Health Care Equipment & Services industry group
67.23%
- ABT
- 67.23%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MDT
Health Care Equipment & Services industry group
76.14%
- MDT
- 76.14%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ABT | MDT |
|---|---|---|
| Dividend Yield (TTM) | 2.63% | 3.51% |
| Dividend Payout Ratio (TTM) | 67.23% | 76.14% |
Valuation
P/E Ratio (TTM)
Both Abbott Laboratories (ABT) at 25.42 and Medtronic (MDT) at 20.97 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ABT
Health Care Equipment & Services industry group
25.42
- Max
- 78.82
- Q3
- 46.69
- Median
- 28.91
- ABT
- 25.42
- Q1
- 18.90
- Min
- 0.97
MDT
Health Care Equipment & Services industry group
20.97
- Max
- 78.82
- Q3
- 46.69
- Median
- 28.91
- MDT
- 20.97
- Q1
- 18.90
- Min
- 0.97
P/S Ratio (TTM)
On P/S ratio, both Abbott Laboratories (ABT) at 3.50 and Medtronic (MDT) at 2.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ABT
Health Care Equipment & Services industry group
3.50
- Max
- 9.34
- Q3
- 4.44
- ABT
- 3.50
- Median
- 1.99
- Q1
- 1.09
- Min
- 0.04
MDT
Health Care Equipment & Services industry group
2.75
- Max
- 9.34
- Q3
- 4.44
- MDT
- 2.75
- Median
- 1.99
- Q1
- 1.09
- Min
- 0.04
P/B Ratio (MRQ)
On P/B ratio, both Abbott Laboratories (ABT) at 3.04 and Medtronic (MDT) at 2.02 are valued close to their industries’ norm against book — neither stands out from peers.
ABT
Health Care Equipment & Services industry group
3.04
- Max
- 12.16
- Q3
- 5.75
- ABT
- 3.04
- Median
- 2.87
- Q1
- 1.48
- Min
- -2.40
MDT
Health Care Equipment & Services industry group
2.02
- Max
- 12.16
- Q3
- 5.75
- Median
- 2.87
- MDT
- 2.02
- Q1
- 1.48
- Min
- -2.40
Valuation Metrics
| Metric | ABT | MDT |
|---|---|---|
| P/E Ratio (TTM) | 25.42 | 20.97 |
| P/S Ratio (TTM) | 3.50 | 2.75 |
| P/B Ratio (MRQ) | 3.04 | 2.02 |
| Free Cash Flow Yield (TTM) | 4.01% | 4.62% |