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Medtronic (MDT) vs. Stryker (SYK)

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

Company Profile

Medtronic (MDT) and Stryker (SYK) 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.

SymbolMDTSYK
Company NameMedtronic plcStryker Corporation
Country/RegionIrelandUnited States
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 Capitalization100.89 billion USD121.81 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMay 2, 1973March 17, 1980
Security TypeCommon StockCommon Stock

Historical Performance

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

Historical Performance at a Glance

SymbolMDTSYK
5-Day Price Return0.65%6.37%
13-Week Price Return-22.28%-14.43%
26-Week Price Return-16.56%-11.77%
52-Week Price Return-10.55%-20.54%
Month-to-Date Return-4.51%-0.61%
Year-to-Date Return-19.51%-10.88%
10-Day Avg. Volume10.03M3.14M
3-Month Avg. Volume8.83M2.22M
3-Month Volatility22.49%28.17%
Beta0.630.81

Profitability

Return on Equity (TTM)

Both Medtronic (MDT) at 9.54% and Stryker (SYK) at 15.10% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.

MDT

Health Care Equipment & Services industry group

9.54%

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

SYK

Health Care Equipment & Services industry group

15.10%

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

Net Profit Margin (TTM)

Both Medtronic (MDT) at 13.01% and Stryker (SYK) at 13.21% 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.

MDT

Health Care Equipment & Services industry group

13.01%

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

SYK

Health Care Equipment & Services industry group

13.21%

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

Operating Profit Margin (TTM)

Both Medtronic (MDT) at 17.00% and Stryker (SYK) at 19.71% 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.

MDT

Health Care Equipment & Services industry group

17.00%

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

SYK

Health Care Equipment & Services industry group

19.71%

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

Profitability at a Glance

SymbolMDTSYK
Return on Equity (TTM)9.54%15.10%
Return on Assets (TTM)5.05%7.12%
Net Profit Margin (TTM)13.01%13.21%
Operating Profit Margin (TTM)17.00%19.71%
Gross Profit Margin (TTM)65.16%64.29%

Financial Strength

Current Ratio (MRQ)

Both Medtronic (MDT) at 2.54 and Stryker (SYK) at 2.11 carry Current Ratio (MRQ) within their industry mid-ranges, suggesting balanced short-term liquidity relative to peers.

MDT

Health Care Equipment & Services industry group

2.54

Max
5.20
Q3
2.91
Median
1.76
Q1
1.33
Min
0.01

SYK

Health Care Equipment & Services industry group

2.11

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

Debt-to-Equity Ratio (MRQ)

Both Medtronic (MDT) at 0.57 and Stryker (SYK) at 0.62 post Debt-to-Equity Ratio (MRQ) near their industry mid-ranges, so neither company stands out strongly from peers on leverage.

MDT

Health Care Equipment & Services industry group

0.57

Max
2.20
Q3
1.06
Median
0.63
Q1
0.24
Min
0.00

SYK

Health Care Equipment & Services industry group

0.62

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

Interest Coverage Ratio (TTM)

Both Medtronic (MDT) at 10.20 and Stryker (SYK) at 10.29 rank in the top quartile for Interest Coverage Ratio (TTM) among industry peers, indicating ample headroom to cover interest payments from operating income or EBIT.

MDT

Health Care Equipment & Services industry group

10.20

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

SYK

Health Care Equipment & Services industry group

10.29

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

Financial Strength at a Glance

SymbolMDTSYK
Current Ratio (MRQ)2.542.11
Quick Ratio (MRQ)1.871.04
Debt-to-Equity Ratio (MRQ)0.570.62
Interest Coverage Ratio (TTM)10.2010.29

Growth

Revenue Growth

Medtronic (MDT) vs. Stryker (SYK): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolMDTSYK
Revenue Growth (MRQ vs Prior YoY)8.74%2.63%
Revenue Growth (TTM vs Prior YoY)6.88%8.84%
3-Year Revenue CAGR1.91%10.83%
5-Year Revenue CAGR3.01%11.84%

EPS Growth

Medtronic (MDT) vs. Stryker (SYK): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolMDTSYK
EPS Growth (MRQ vs Prior YoY)-11.82%13.89%
EPS Growth (TTM vs Prior YoY)8.94%16.51%
3-Year EPS CAGR-1.04%10.83%
5-Year EPS CAGR0.39%14.84%

Dividend

Dividend Yield (TTM)

Stryker (SYK) at 1.07% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of Medtronic (MDT) at 3.60%, which sits around the industry mid-range.

MDT

Health Care Equipment & Services industry group

3.60%

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

SYK

Health Care Equipment & Services industry group

1.07%

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

Dividend Payout Ratio (TTM)

Both Medtronic (MDT) at 78.60% and Stryker (SYK) at 38.99% post Dividend Payout Ratio (TTM) outside their industries’ typical mid-range — either leaning toward more retention or more distribution than the industry median.

MDT

Health Care Equipment & Services industry group

78.60%

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

SYK

Health Care Equipment & Services industry group

38.99%

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

Dividend at a Glance

SymbolMDTSYK
Dividend Yield (TTM)3.60%1.07%
Dividend Payout Ratio (TTM)78.60%38.99%

Valuation

Price-to-Earnings Ratio (TTM)

Both Medtronic (MDT) at 21.83 and Stryker (SYK) at 36.56 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.

MDT

Health Care Equipment & Services industry group

21.83

Max
55.40
Q3
39.59
Median
27.03
Q1
19.84
Min
0.85

SYK

Health Care Equipment & Services industry group

36.56

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

Price-to-Sales Ratio (TTM)

Medtronic (MDT) at 2.84 carries typical industry Price-to-Sales Ratio (TTM), while Stryker (SYK) at 4.83 sits in the higher-multiple quartile — SYK carries a higher trailing revenue multiple relative to peers.

MDT

Health Care Equipment & Services industry group

2.84

Max
7.51
Q3
3.57
Median
1.79
Q1
0.85
Min
0.03

SYK

Health Care Equipment & Services industry group

4.83

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

Price-to-Book Ratio (MRQ)

Both Medtronic (MDT) at 2.64 and Stryker (SYK) at 5.48 post Price-to-Book Ratio (MRQ) near the typical industry midpoint — neither company stands out strongly from peers on book-value multiple.

MDT

Health Care Equipment & Services industry group

2.64

Max
13.66
Q3
6.49
Median
3.09
Q1
1.67
Min
0.45

SYK

Health Care Equipment & Services industry group

5.48

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

Valuation at a Glance

SymbolMDTSYK
Price-to-Earnings Ratio (TTM)21.8336.56
Price-to-Sales Ratio (TTM)2.844.83
Price-to-Book Ratio (MRQ)2.645.48
Price-to-Free Cash Flow Ratio (TTM)18.6326.69