Intuitive Surgical, Inc. (ISRG) vs Solventum Corporation (SOLV)

Intuitive Surgical, Inc. and Solventum Corporation are both Medical Instruments & Supplies companies. Intuitive Surgical, Inc. is the larger, with a market value of $162.4B against $14.8B — 10.9× the size. Intuitive Surgical, Inc. trades at the lower P/E: 55.7× against 97.3×. Intuitive Surgical, Inc. grew revenue faster over the last twelve months: 20.5% against −2.84%. Intuitive Surgical, Inc. has the higher net margin (25.5% vs 1.91%) and the higher return on invested capital (17.0% vs 0.00%). Across the 19 metrics below, Intuitive Surgical, Inc. leads on 14 and Solventum Corporation on 5.

Valuation

Metric ISRG SOLV Medical Instruments & Supplies median
P/E 55.70 97.26 30.28
P/S 14.04 1.81 2.49
P/B 10.08 3.08 2.34
Price to free cash flow 44.60 n/m 23.49
EV/EBITDA 38.32 7.60 14.87
EV/Sales 13.69 2.40 2.75
Earnings yield 1.80% 1.03% 0.00%
Free cash flow yield 2.24% 0.00% 0.59%

Profitability

Metric ISRG SOLV Medical Instruments & Supplies median
Gross margin 67.19% 0.00% 53.60%
Operating margin 28.37% 0.00% 1.97%
Net margin 25.54% 1.91% 0.00%
Free cash flow margin 31.47% 0.00% 2.36%
Return on equity 17.84% 3.19% 0.00%
Return on assets 15.28% 1.11% 0.00%
Return on invested capital 17.00% 0.00% 0.13%

Growth

Metric ISRG SOLV Medical Instruments & Supplies median
Revenue growth (TTM) 20.45% (2.84%) 8.97%
EPS growth (last fiscal year) 22.59% 221.74% 6.51%
Revenue growth, 5-year CAGR 18.22% — 8.85%
Net income growth, 5-year CAGR 21.91% — 0.00%

Health

Metric ISRG SOLV Medical Instruments & Supplies median
Debt to equity 0.00 0.11 0.10
Current ratio 3.33 1.03 2.47
Net debt to EBITDA (1.64) 1.56 0.97

Dividend

Metric ISRG SOLV Medical Instruments & Supplies median
Dividend yield — — 1.02%
Payout ratio — — 0.27

Size

Metric ISRG SOLV Medical Instruments & Supplies median
Market cap 162.41b 14.84b 1.71b

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