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.

Revenue
+21.7%
EPS
−24.2%
Free cash flow
+51.0%

Quarter to September 2026, against a year earlier

465.68 16.42 −3.41%
Market cap
$162.4B
P/E
55.7×
Fwd P/E
49.8×
Dividend yield
—
F-score
7/9
Altman Z
50.09
Beneish M
−2.43
Dividend safety
n/a

Intuitive Surgical, Inc. (ISRG) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Intuitive Surgical, Inc. (ISRG) trades at a P/S ratio of 14.0×. Over the past ten years it has ranged from 7.3× (October 2015) to 26.0× (January 2025); the current reading is higher than 36% of that period. That is above the Medical Instruments & Supplies industry median of 2.5× and above the Healthcare sector median of 3.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 20.1× (9.53%)
FY2024 22.2× 36.05%
FY2023 16.3× 7.45%
FY2022 15.2× (32.23%)
FY2021 22.4× 2.00%
FY2020 22.0× 44.22%
FY2019 15.2× 4.18%
FY2018 14.6× 9.47%
FY2017 13.4× 47.06%
FY2016 9.1× 6.88%

Quarterly newest first

Period P/S ratio Change
Sep 2026 12.3× (3.95%)
Jun 2026 12.8× (17.46%)
Mar 2026 15.5× (23.02%)
Dec 2025 20.1× 21.04%
43 more quarters

Against its own ten years

Low 7.3× High 26.0×
Ten-year median 15.4×
Current reading's percentile 31

P/S ratio against peers

Company P/S ratio
BAX Baxter International Inc. compare 1.1×
MDLN Medline Inc. compare 1.1×
SOLV Solventum Corporation compare 1.8×
BDX Becton, Dickinson and Company compare 2.8×
COO The Cooper Companies, Inc. compare 2.9×
ALC Alcon compare 3.4×
RMD ResMed Inc. compare 6.0×
WST West Pharmaceutical Services, Inc. compare 8.1×
ISRG Intuitive Surgical, Inc. 14.0×
Medical Instruments & Supplies industry median 2.5×
Healthcare sector median 3.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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