Medtronic PLC (MDT) vs STERIS plc (STE)
Medtronic PLC and STERIS plc are both Medical Devices companies. Medtronic PLC is the larger, with a market value of $112.2B against $20.4B — 5.5× the size. Medtronic PLC trades at the lower P/E: 21.7× against 25.4×. Medtronic PLC grew revenue faster over the last twelve months: 9.77% against 8.37%. Medtronic PLC has the higher net margin (13.9% vs 13.3%) and the lower return on invested capital (6.04% vs 8.27%). Both pay a dividend; Medtronic PLC yields more (3.07% vs 0.92%). Across the 23 metrics below, Medtronic PLC leads on 13 and STERIS plc on 10.
Valuation
Profitability
| Metric | MDT | STE | Medical Devices median |
|---|---|---|---|
| Gross margin | 65.01% | 44.43% | 56.01% |
| Operating margin | 18.08% | 18.91% | (15.03%) |
| Net margin | 13.93% | 13.33% | (20.40%) |
| Free cash flow margin | 16.33% | 15.50% | (7.24%) |
| Return on equity | 10.57% | 11.35% | (15.32%) |
| Return on assets | 5.68% | 7.62% | (19.72%) |
| Return on invested capital | 6.04% | 8.27% | (10.33%) |
Growth
Health
Dividend
Size
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