Intuitive Surgical, Inc.

ISRG Healthcare Medical Instruments & Supplies

Intuitive Surgical, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.1 billion, up 20.5% from fiscal 2024. In the quarter to June 2026, revenue grew 18.5%, EPS grew 25.5% and free cash flow grew 69.3%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for five consecutive years, operating cash flow growth for three.

426.70 1.16 −0.27%
Market cap
$151.2B
P/E
48.3×
Fwd P/E
46.4×
Dividend yield
—
F-score
7/9
Altman Z
50.09
Beneish M
−2.43
Dividend safety
n/a

Intuitive Surgical, Inc. (ISRG) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, Intuitive Surgical, Inc. (ISRG) trades at a EV/FCF of 44.6×. Over the past ten years it has ranged from 20.9× (January 2017) to 407× (September 2024); the current reading is higher than 29% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 78.8× (43.38%)
FY2024 139× (6.06%)
FY2023 148× 57.07%
FY2022 94.3× 33.34%
FY2021 70.7× (10.80%)
FY2020 79.3× 43.02%
FY2019 55.4× 5.94%
FY2018 52.3× 24.83%
FY2017 41.9× 96.60%
FY2016 21.3× (17.32%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 41.5× (24.89%)
Mar 2026 55.2× (29.88%)
Dec 2025 78.8× 15.75%
Sep 2025 68.1× (28.37%)
42 more quarters

Against its own ten years

Low 20.9× High 407×
Ten-year median 57.6×
Current reading's percentile 23

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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