Abbott Laboratories (ABT) vs. Medtronic (MDT)
This page compares Abbott Laboratories (ABT) with Medtronic (MDT) using performance and risk, profitability, financial strength, growth, dividends, 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.
| Symbol | 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 | 158.94 billion USD | 105.25 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | May 2, 1973 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both Abbott Laboratories (ABT) at 25.56 and Medtronic (MDT) at 21.63 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
25.56
- Max
- 79.22
- Q3
- 44.29
- Median
- 27.42
- Q1
- 18.93
- Min
- 0.83
MDT
Health Care Equipment & Services industry group
21.63
- Max
- 79.22
- Q3
- 44.29
- Median
- 27.42
- Q1
- 18.93
- Min
- 0.83
Price-to-Sales Ratio (TTM)
On Price-to-Sales Ratio (TTM), both Abbott Laboratories (ABT) at 3.52 and Medtronic (MDT) at 2.89 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ABT
Health Care Equipment & Services industry group
3.52
- Max
- 8.68
- Q3
- 4.19
- Median
- 1.95
- Q1
- 1.02
- Min
- 0.03
MDT
Health Care Equipment & Services industry group
2.89
- Max
- 8.68
- Q3
- 4.19
- Median
- 1.95
- Q1
- 1.02
- Min
- 0.03
Price-to-Book Ratio (MRQ)
On Price-to-Book Ratio (MRQ), both Abbott Laboratories (ABT) at 3.05 and Medtronic (MDT) at 2.15 are valued close to their industries’ norm against book — neither stands out from peers.
ABT
Health Care Equipment & Services industry group
3.05
- Max
- 10.99
- Q3
- 5.38
- Median
- 2.75
- Q1
- 1.47
- Min
- -2.00
MDT
Health Care Equipment & Services industry group
2.15
- Max
- 10.99
- Q3
- 5.38
- Median
- 2.75
- Q1
- 1.47
- Min
- -2.00
Valuation at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 25.56 | 21.63 |
| Price-to-Sales Ratio (TTM) | 3.52 | 2.89 |
| Price-to-Book Ratio (MRQ) | 3.05 | 2.15 |
| Free Cash Flow Yield | 3.99% | -- |
Profitability
Return on Equity (TTM)
Both Abbott Laboratories (ABT) at 12.33% and Medtronic (MDT) at 9.93% 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
12.33%
- Max
- 53.65%
- Q3
- 13.46%
- Median
- 3.62%
- Q1
- -17.72%
- Min
- -59.21%
MDT
Health Care Equipment & Services industry group
9.93%
- Max
- 53.65%
- Q3
- 13.46%
- Median
- 3.62%
- Q1
- -17.72%
- Min
- -59.21%
Net Profit 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 Profit Margin (TTM) quartile of their industries.
ABT
Health Care Equipment & Services industry group
13.91%
- Max
- 30.40%
- Q3
- 7.97%
- Median
- 1.52%
- Q1
- -9.70%
- Min
- -34.34%
MDT
Health Care Equipment & Services industry group
13.20%
- Max
- 30.40%
- Q3
- 7.97%
- Median
- 1.52%
- Q1
- -9.70%
- Min
- -34.34%
Operating Profit Margin (TTM)
Both Abbott Laboratories (ABT) at 13.47% and Medtronic (MDT) at 21.30% squeeze more operating profit from each sales dollar than most peers, ranking in the top Operating Profit Margin (TTM) quartile of their industries.
ABT
Health Care Equipment & Services industry group
13.47%
- Max
- 37.54%
- Q3
- 12.86%
- Median
- 5.48%
- Q1
- -4.58%
- Min
- -25.61%
MDT
Health Care Equipment & Services industry group
21.30%
- Max
- 37.54%
- Q3
- 12.86%
- Median
- 5.48%
- Q1
- -4.58%
- Min
- -25.61%
Profitability at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| Return on Equity (TTM) | 12.33% | 9.93% |
| Return on Assets (TTM) | 5.59% | -- |
| Net Profit Margin (TTM) | 13.91% | 13.20% |
| Operating Profit Margin (TTM) | 13.47% | 21.30% |
| Gross Profit Margin (TTM) | 56.50% | 65.38% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| 1-Year Revenue Growth | 5.67% | 3.62% |
| 3-Year Revenue CAGR | 0.51% | 1.91% |
EPS Growth
EPS Growth at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| 1-Year EPS Growth | -51.31% | 30.80% |
| 3-Year EPS CAGR | -1.65% | -1.08% |
Financial Strength
Current Ratio (MRQ)
Abbott Laboratories (ABT) reports Current Ratio (MRQ) of 1.39 and can be ranked against industry peers; Medtronic (MDT) has no value available for this period, so a direct comparison isn’t possible.
ABT
Health Care Equipment & Services industry group
1.39
- Max
- 7.79
- Q3
- 4.27
- Median
- 2.03
- Q1
- 1.34
- Min
- 0.04
MDT
Health Care Equipment & Services industry group
--
- Max
- 7.79
- Q3
- 4.27
- Median
- 2.03
- Q1
- 1.34
- Min
- 0.04
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
- 2.02
- Q3
- 0.99
- Median
- 0.60
- Q1
- 0.16
- Min
- 0.00
MDT
Health Care Equipment & Services industry group
0.57
- Max
- 2.02
- Q3
- 0.99
- Median
- 0.60
- Q1
- 0.16
- Min
- 0.00
Financial Strength at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| Current Ratio (MRQ) | 1.39 | -- |
| Debt-to-Equity Ratio (MRQ) | 0.65 | 0.57 |
| Net Debt / EBITDA | 2.29 | 1.95 |
Dividends
Dividend Yield (TTM)
Both Abbott Laboratories (ABT) at 2.76% and Medtronic (MDT) at 3.51% 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
2.76%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MDT
Health Care Equipment & Services industry group
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% 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
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%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| Dividend Yield (TTM) | 2.76% | 3.51% |
| Dividend Payout Ratio (TTM) | 67.23% | 76.14% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | ABT | MDT |
|---|---|---|
| 1-Year Return | -30.87% | -4.79% |
| 1-Year Volatility | 24.47% | 20.99% |
| Beta | 0.60 | 0.55 |
| 3-Month Avg. Volume | 12.78M | 9.87M |