Boston Scientific (BSX) vs. Medtronic (MDT)
This page compares Boston Scientific (BSX) with Medtronic (MDT) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
Boston Scientific (BSX) 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 | BSX | MDT |
|---|---|---|
| Name | Boston Scientific Corporation | 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 | 72.61 billion USD | 105.19 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 19, 1992 | May 2, 1973 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Both Boston Scientific (BSX) at 20.44 and Medtronic (MDT) at 21.97 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.
BSX
Health Care Equipment & Services industry group
20.44
- Max
- 74.55
- Q3
- 42.26
- Median
- 26.96
- Q1
- 18.71
- Min
- 0.81
MDT
Health Care Equipment & Services industry group
21.97
- Max
- 74.55
- Q3
- 42.26
- Median
- 26.96
- Q1
- 18.71
- Min
- 0.81
Price-to-Sales Ratio (TTM)
On Price-to-Sales Ratio (TTM), both Boston Scientific (BSX) 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.
BSX
Health Care Equipment & Services industry group
3.52
- Max
- 8.78
- Q3
- 4.19
- Median
- 1.93
- Q1
- 0.95
- Min
- 0.03
MDT
Health Care Equipment & Services industry group
2.89
- Max
- 8.78
- Q3
- 4.19
- Median
- 1.93
- Q1
- 0.95
- Min
- 0.03
Price-to-Book Ratio (MRQ)
On Price-to-Book Ratio (MRQ), both Boston Scientific (BSX) at 2.81 and Medtronic (MDT) at 2.15 are valued close to their industries’ norm against book — neither stands out from peers.
BSX
Health Care Equipment & Services industry group
2.81
- Max
- 10.58
- Q3
- 5.34
- Median
- 2.69
- Q1
- 1.45
- Min
- -1.94
MDT
Health Care Equipment & Services industry group
2.15
- Max
- 10.58
- Q3
- 5.34
- Median
- 2.69
- Q1
- 1.45
- Min
- -1.94
Valuation at a Glance
| Symbol | BSX | MDT |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 20.44 | 21.97 |
| Price-to-Sales Ratio (TTM) | 3.52 | 2.89 |
| Price-to-Book Ratio (MRQ) | 2.81 | 2.15 |
| Free Cash Flow Yield | 3.87% | -- |
Profitability
Return on Equity (TTM)
Boston Scientific (BSX) at 14.66% ranks in the top quartile for Return on Equity (TTM), ahead of Medtronic (MDT) at 9.93%, which sits closer to the industry mid-range.
BSX
Health Care Equipment & Services industry group
14.66%
- 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 Boston Scientific (BSX) at 17.29% 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.
BSX
Health Care Equipment & Services industry group
17.29%
- 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 Boston Scientific (BSX) at 20.60% 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.
BSX
Health Care Equipment & Services industry group
20.60%
- 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 | BSX | MDT |
|---|---|---|
| Return on Equity (TTM) | 14.66% | 9.93% |
| Return on Assets (TTM) | 6.08% | -- |
| Net Profit Margin (TTM) | 17.29% | 13.20% |
| Operating Profit Margin (TTM) | 20.60% | 21.30% |
| Gross Profit Margin (TTM) | 68.94% | 65.38% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | BSX | MDT |
|---|---|---|
| 1-Year Revenue Growth | 19.87% | 3.62% |
| 3-Year Revenue CAGR | 16.54% | 1.91% |
EPS Growth
EPS Growth at a Glance
| Symbol | BSX | MDT |
|---|---|---|
| 1-Year EPS Growth | 55.20% | 30.80% |
| 3-Year EPS CAGR | 62.75% | -1.08% |
Financial Strength
Current Ratio (MRQ)
Boston Scientific (BSX) reports Current Ratio (MRQ) of 1.90 and can be ranked against industry peers; Medtronic (MDT) has no value available for this period, so a direct comparison isn’t possible.
BSX
Health Care Equipment & Services industry group
1.90
- 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 Boston Scientific (BSX) at 0.42 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.
BSX
Health Care Equipment & Services industry group
0.42
- 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 | BSX | MDT |
|---|---|---|
| Current Ratio (MRQ) | 1.90 | -- |
| Debt-to-Equity Ratio (MRQ) | 0.42 | 0.57 |
| Net Debt / EBITDA | 1.74 | 1.95 |
Dividends
Dividend Yield (TTM)
Boston Scientific (BSX) pays no dividend (yield 0.00%) — often a deliberate choice to reinvest earnings rather than return cash. Meanwhile Medtronic (MDT) reports a yield of 3.52%, ranking against industry peers normally.
BSX
Health Care Equipment & Services industry group
0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MDT
Health Care Equipment & Services industry group
3.52%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Boston Scientific (BSX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Medtronic (MDT) reports a payout of 76.14%, ranking against industry peers normally.
BSX
Health Care Equipment & Services industry group
0.00%
- 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 | BSX | MDT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.52% |
| Dividend Payout Ratio (TTM) | 0.00% | 76.14% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | BSX | MDT |
|---|---|---|
| 1-Year Return | -52.31% | -1.25% |
| 1-Year Volatility | 34.80% | 20.99% |
| Beta | 0.56 | 0.57 |
| 3-Month Avg. Volume | 18.40M | 9.73M |