IRTC vs. MDT: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at IRTC and MDT, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | IRTC | MDT |
|---|---|---|
| Company Name | iRhythm Technologies, Inc. | Medtronic plc |
| Country | United States | Ireland |
| GICS Sector | Health Care | Health Care |
| GICS Industry | Health Care Equipment & Supplies | Health Care Equipment & Supplies |
| Market Capitalization | 5.68 billion USD | 118.85 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | October 20, 2016 | May 2, 1973 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of IRTC and MDT by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | IRTC | MDT |
|---|---|---|
| 5-Day Price Return | -2.65% | 2.48% |
| 13-Week Price Return | 9.80% | -0.09% |
| 26-Week Price Return | 29.45% | 11.42% |
| 52-Week Price Return | 98.63% | 5.15% |
| Month-to-Date Return | -5.87% | 2.16% |
| Year-to-Date Return | 95.52% | 16.00% |
| 10-Day Avg. Volume | 0.55M | 5.85M |
| 3-Month Avg. Volume | 0.44M | 6.89M |
| 3-Month Volatility | 30.08% | 18.16% |
| Beta | 1.12 | 0.74 |
Profitability
Return on Equity (TTM)
IRTC
-51.06%
Health Care Equipment & Supplies Industry
- Max
- 29.93%
- Q3
- 16.99%
- Median
- 9.28%
- Q1
- 5.10%
- Min
- -12.52%
IRTC has a negative Return on Equity of -51.06%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
MDT
9.62%
Health Care Equipment & Supplies Industry
- Max
- 29.93%
- Q3
- 16.99%
- Median
- 9.28%
- Q1
- 5.10%
- Min
- -12.52%
MDT’s Return on Equity of 9.62% is on par with the norm for the Health Care Equipment & Supplies industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
IRTC
-7.32%
Health Care Equipment & Supplies Industry
- Max
- 24.41%
- Q3
- 13.71%
- Median
- 10.08%
- Q1
- 5.96%
- Min
- -5.58%
IRTC has a negative Net Profit Margin of -7.32%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
MDT
13.63%
Health Care Equipment & Supplies Industry
- Max
- 24.41%
- Q3
- 13.71%
- Median
- 10.08%
- Q1
- 5.96%
- Min
- -5.58%
MDT’s Net Profit Margin of 13.63% is aligned with the median group of its peers in the Health Care Equipment & Supplies industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
IRTC
-9.08%
Health Care Equipment & Supplies Industry
- Max
- 31.09%
- Q3
- 18.11%
- Median
- 15.07%
- Q1
- 8.48%
- Min
- -0.28%
IRTC has a negative Operating Profit Margin of -9.08%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
MDT
17.90%
Health Care Equipment & Supplies Industry
- Max
- 31.09%
- Q3
- 18.11%
- Median
- 15.07%
- Q1
- 8.48%
- Min
- -0.28%
MDT’s Operating Profit Margin of 17.90% is around the midpoint for the Health Care Equipment & Supplies industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | IRTC | MDT |
|---|---|---|
| Return on Equity (TTM) | -51.06% | 9.62% |
| Return on Assets (TTM) | -5.39% | 5.14% |
| Net Profit Margin (TTM) | -7.32% | 13.63% |
| Operating Profit Margin (TTM) | -9.08% | 17.90% |
| Gross Profit Margin (TTM) | 70.35% | 65.38% |
Financial Strength
Current Ratio (MRQ)
IRTC
4.63
Health Care Equipment & Supplies Industry
- Max
- 5.19
- Q3
- 3.00
- Median
- 2.13
- Q1
- 1.44
- Min
- 0.86
IRTC’s Current Ratio of 4.63 is in the upper quartile for the Health Care Equipment & Supplies industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
MDT
2.01
Health Care Equipment & Supplies Industry
- Max
- 5.19
- Q3
- 3.00
- Median
- 2.13
- Q1
- 1.44
- Min
- 0.86
MDT’s Current Ratio of 2.01 aligns with the median group of the Health Care Equipment & Supplies industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
IRTC
5.32
Health Care Equipment & Supplies Industry
- Max
- 1.61
- Q3
- 0.76
- Median
- 0.45
- Q1
- 0.14
- Min
- 0.00
With a Debt-to-Equity Ratio of 5.32, IRTC operates with exceptionally high leverage compared to the Health Care Equipment & Supplies industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
MDT
0.60
Health Care Equipment & Supplies Industry
- Max
- 1.61
- Q3
- 0.76
- Median
- 0.45
- Q1
- 0.14
- Min
- 0.00
MDT’s Debt-to-Equity Ratio of 0.60 is typical for the Health Care Equipment & Supplies industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
IRTC
-32.60
Health Care Equipment & Supplies Industry
- Max
- 56.35
- Q3
- 25.56
- Median
- 9.60
- Q1
- 3.78
- Min
- -26.49
IRTC has a negative Interest Coverage Ratio of -32.60. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
MDT
10.20
Health Care Equipment & Supplies Industry
- Max
- 56.35
- Q3
- 25.56
- Median
- 9.60
- Q1
- 3.78
- Min
- -26.49
MDT’s Interest Coverage Ratio of 10.20 is positioned comfortably within the norm for the Health Care Equipment & Supplies industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | IRTC | MDT |
|---|---|---|
| Current Ratio (MRQ) | 4.63 | 2.01 |
| Quick Ratio (MRQ) | 4.37 | 1.50 |
| Debt-to-Equity Ratio (MRQ) | 5.32 | 0.60 |
| Interest Coverage Ratio (TTM) | -32.60 | 10.20 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
IRTC
0.00%
Health Care Equipment & Supplies Industry
- Max
- 4.15%
- Q3
- 1.76%
- Median
- 0.79%
- Q1
- 0.00%
- Min
- 0.00%
IRTC currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
MDT
3.04%
Health Care Equipment & Supplies Industry
- Max
- 4.15%
- Q3
- 1.76%
- Median
- 0.79%
- Q1
- 0.00%
- Min
- 0.00%
With a Dividend Yield of 3.04%, MDT offers a more attractive income stream than most of its peers in the Health Care Equipment & Supplies industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio (TTM)
IRTC
0.00%
Health Care Equipment & Supplies Industry
- Max
- 160.00%
- Q3
- 66.60%
- Median
- 27.49%
- Q1
- 0.00%
- Min
- 0.00%
IRTC has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
MDT
77.27%
Health Care Equipment & Supplies Industry
- Max
- 160.00%
- Q3
- 66.60%
- Median
- 27.49%
- Q1
- 0.00%
- Min
- 0.00%
MDT’s Dividend Payout Ratio of 77.27% is in the upper quartile for the Health Care Equipment & Supplies industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
Dividend at a Glance
| Symbol | IRTC | MDT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.04% |
| Dividend Payout Ratio (TTM) | 0.00% | 77.27% |
Valuation
Price-to-Earnings Ratio (TTM)
IRTC
--
Health Care Equipment & Supplies Industry
- Max
- 67.29
- Q3
- 47.01
- Median
- 30.94
- Q1
- 23.91
- Min
- 10.79
P/E Ratio data for IRTC is currently unavailable.
MDT
25.38
Health Care Equipment & Supplies Industry
- Max
- 67.29
- Q3
- 47.01
- Median
- 30.94
- Q1
- 23.91
- Min
- 10.79
MDT’s P/E Ratio of 25.38 is within the middle range for the Health Care Equipment & Supplies industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
IRTC
8.05
Health Care Equipment & Supplies Industry
- Max
- 9.49
- Q3
- 5.41
- Median
- 2.86
- Q1
- 2.07
- Min
- 0.74
IRTC’s P/S Ratio of 8.05 is in the upper echelon for the Health Care Equipment & Supplies industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
MDT
3.46
Health Care Equipment & Supplies Industry
- Max
- 9.49
- Q3
- 5.41
- Median
- 2.86
- Q1
- 2.07
- Min
- 0.74
MDT’s P/S Ratio of 3.46 aligns with the market consensus for the Health Care Equipment & Supplies industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
IRTC
45.33
Health Care Equipment & Supplies Industry
- Max
- 10.85
- Q3
- 6.56
- Median
- 3.53
- Q1
- 2.36
- Min
- 0.71
At 45.33, IRTC’s P/B Ratio is at an extreme premium to the Health Care Equipment & Supplies industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
MDT
2.49
Health Care Equipment & Supplies Industry
- Max
- 10.85
- Q3
- 6.56
- Median
- 3.53
- Q1
- 2.36
- Min
- 0.71
MDT’s P/B Ratio of 2.49 is within the conventional range for the Health Care Equipment & Supplies industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | IRTC | MDT |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | -- | 25.38 |
| Price-to-Sales Ratio (TTM) | 8.05 | 3.46 |
| Price-to-Book Ratio (MRQ) | 45.33 | 2.49 |
| Price-to-Free Cash Flow Ratio (TTM) | 113.72 | 22.30 |