Intuitive Surgical, Inc. (ISRG) vs Medline Inc. (MDLN)

Intuitive Surgical, Inc. and Medline Inc. are both Medical Instruments & Supplies companies. Intuitive Surgical, Inc. is the larger, with a market value of $151.2B against $48.1B — 3.1× the size. Intuitive Surgical, Inc. has the higher net margin (28.5% vs 2.37%) and the lower return on invested capital (16.5% vs 19.9%). Across the 16 metrics below, Intuitive Surgical, Inc. leads on 9 and Medline Inc. on 7.

Valuation

Metric ISRG MDLN Medical Instruments & Supplies median
P/E 48.27 — 33.75
P/S 13.69 1.04 2.52
P/B 8.26 1.62 2.48
Price to free cash flow 46.23 13.38 25.19
EV/EBITDA 34.29 4.05 14.62
EV/Sales 13.22 1.37 2.88
Earnings yield 2.07% — (2.67%)
Free cash flow yield 2.16% 7.48% 0.09%

Profitability

Metric ISRG MDLN Medical Instruments & Supplies median
Gross margin 66.68% 46.27% 54.29%
Operating margin 31.28% 31.12% 1.07%
Net margin 28.45% 2.37% (1.61%)
Free cash flow margin 29.62% 7.75% 1.08%
Return on equity 17.32% 0.00% (1.32%)
Return on assets 15.30% 3.58% 0.00%
Return on invested capital 16.49% 19.94% 0.00%

Growth

Metric ISRG MDLN Medical Instruments & Supplies median
Revenue growth (TTM) 20.66% — 8.85%
EPS growth (last fiscal year) 22.59% — 8.65%
Revenue growth, 5-year CAGR 18.22% — 9.17%
Net income growth, 5-year CAGR 21.91% — 0.00%

Health

Metric ISRG MDLN Medical Instruments & Supplies median
Debt to equity 0.00 0.66 0.10
Current ratio 4.96 4.33 2.48
Net debt to EBITDA (1.64) 3.24 0.89

Dividend

Metric ISRG MDLN Medical Instruments & Supplies median
Dividend yield — — 1.11%
Payout ratio — — 0.27

Size

Metric ISRG MDLN Medical Instruments & Supplies median
Market cap 151.15b 48.08b 619.84m

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