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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Intuitive Surgical, Inc. (ISRG) trades at a P/E ratio of 48.3×. Over the past ten years it has ranged from 30.7× (October 2015) to 93.5× (January 2025); the current reading is higher than 33% of that period. That is above the Medical Instruments & Supplies industry median of 33.8× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 70.7× (11.54%)
FY2024 79.9× 23.41%
FY2023 64.8× (9.29%)
FY2022 71.4× (4.87%)
FY2021 75.1× (16.87%)
FY2020 90.3× 82.69%
FY2019 49.4× 2.48%
FY2018 48.2× (23.99%)
FY2017 63.5× 89.34%
FY2016 33.5× (2.67%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 45.0× (18.32%)
Mar 2026 55.1× (22.11%)
Dec 2025 70.7× 21.58%
Sep 2025 58.2× (21.87%)
42 more quarters

Against its own ten years

Low 30.7× High 93.5×
Ten-year median 60.1×
Current reading's percentile 27

P/E ratio against peers

Company P/E ratio
BAX Baxter International Inc. compare n/m
SOLV Solventum Corporation compare 10.4×
RMD ResMed Inc. compare 22.8×
ISRG Intuitive Surgical, Inc. 48.3×
WST West Pharmaceutical Services, Inc. compare 48.7×
ALC Alcon compare 50.5×
BDX Becton, Dickinson and Company compare 57.8×
RGEN Repligen Corporation compare 234×
MDLN Medline Inc. compare —
Medical Instruments & Supplies industry median 33.8×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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