Medical Devices industry stocks

The Medical Devices industry has 149 US-listed companies on stockrow and is part of the Healthcare sector, with a combined market value of $810.1B. Abbott Laboratories (ABT) is the largest at $181.1B, followed by Medtronic PLC and Stryker Corporation. The median Medical Devices stock trades at 23.2× trailing earnings, above the market median of 18.1×, with a median net margin of −20.4% (market: 0.45%). Median revenue growth over the last twelve months is 8.80%. 10 of the 149 pay a dividend; the median yield among payers is 1.18%.

Medical Devices medians

Metric Industry Market
P/E 23.2× 18.1×
P/S 2.3× 1.9×
P/B 2.3× 1.7×
Price to free cash flow 23.7× 14.2×
EV/EBITDA 11.5× 11.0×
EV/Sales 2.2× 2.1×
Earnings yield −10.1% 1.20%
Free cash flow yield −8.47% 0.27%
Gross margin 56.0% 46.2%
Operating margin −15.0% 0.00%
Net margin −20.4% 0.45%
Free cash flow margin −7.24% 0.00%
Return on equity −15.3% 1.35%
Return on assets −19.7% 0.00%
Return on invested capital −10.3% 0.00%
Revenue growth (TTM) 8.80% 7.41%
EPS growth (last fiscal year) 29.0% 13.7%
Revenue growth, 5-year CAGR 15.5% 8.93%
Net income growth, 5-year CAGR 0.00% 0.00%
Debt to equity 0.1× 0.1×
Current ratio 2.5× 1.6×
Net debt to EBITDA 0.5× 0.6×
Dividend yield 1.16% 2.26%
Payout ratio 0.4× 0.3×
Market cap $167.1M $584.7M

Today’s biggest moves

Up

141.10 2.33 +1.68%
6.53 0.08 +1.24%
19.59 0.24 +1.24%
25.74 0.25 +0.98%
95.06 0.68 +0.72%

Down

1.73 0.23 −11.73%
25.04 2.60 −9.41%
7.25 0.60 −7.64%
70.78 5.74 −7.50%
12.94 0.97 −6.97%

All 149 companies

Open in screener
Ticker Company Market cap Price 1D P/E Net margin Revenue growth Dividend yield
ABT Abbott Laboratories 181.14b 104.88 0.19% 33.94 11.65% 8.06% 2.40%
MDT Medtronic PLC 122.10b 94.75 (0.73%) 23.22 13.93% 9.77% 3.02%
SYK Stryker Corporation 112.48b 294.66 0.49% 30.28 14.43% 8.48% 1.19%
BSX Boston Scientific Corporation 63.97b 44.39 0.57% 17.90 17.50% 13.52% —
EW Edwards Lifesciences Corporation 50.78b 86.60 (1.70%) 49.77 15.43% 14.55% —
DXCM DexCom, Inc. 33.10b 86.06 (1.88%) 33.23 20.12% 15.54% —
GEHC GE HealthCare Technologies Inc. 31.78b 69.57 (1.11%) 15.96 9.33% 6.51% 0.26%
PHG Koninklijke Philips N.V. 24.91b 25.74 0.98% 18.80 6.24% 9.11% 3.94%
STE STERIS plc 21.87b 222.66 (0.74%) 27.12 13.33% 8.37% 1.16%
ZBH Zimmer Biomet Holdings, Inc. 18.00b 95.06 0.72% 23.02 9.48% 8.62% 1.01%
PEN Penumbra, Inc. 12.65b 320.86 (0.11%) 78.45 10.67% 17.55% —
SNN Smith & Nephew SNATS, Inc. 12.17b 29.06 (0.10%) 35.42 6.71% 4.81% 2.73%
GMED Globus Medical, Inc. 10.59b 76.71 (2.70%) 19.32 17.03% 19.74% —
BIO.B Bio-Rad Laboratories, Inc. 10.33b 364.15 (0.25%) 43.72 8.59% 1.37% —
GKOS Glaukos Corporation 9.77b 164.84 (0.46%) 0.00 (30.68%) 41.55% —
BIO Bio-Rad Laboratories, Inc. 9.76b 353.70 (3.05%) 42.46 8.59% 1.37% —
PODD Insulet Corporation 9.62b 141.10 1.68% 26.37 12.29% 29.41% —
BRKR Bruker Corporation 8.61b 54.80 (3.08%) 0.00 (3.05%) 1.65% 0.36%
HAE Haemonetics Corporation 5.52b 118.28 (2.48%) 57.70 7.12% 0.44% —
LIVN LivaNova PLC 4.32b 77.60 (1.15%) 22.49 12.81% 12.39% —
ITGR Integer Holdings Corporation 4.31b 126.70 (0.02%) 34.34 6.97% 2.71% —
IRTC iRhythm Holdings, Inc. 3.60b 108.66 (0.63%) 0.00 (1.69%) 25.58% —
NEOG Neogen Corporation 2.68b 11.81 (3.75%) 0.00 (6.35%) (0.33%) —
TMDX TransMedics Group, Inc. 2.65b 70.78 (7.50%) 16.01 22.69% 25.82% —
UFPT UFP Technologies, Inc. 2.30b 291.67 (1.86%) 31.16 11.45% 7.32% —
BFLY Butterfly Network, Inc. 2.13b 7.25 (7.64%) 0.00 (66.74%) 28.13% —
AXGN AxoGen, Inc. 2.09b 34.62 (2.83%) 0.00 (13.36%) 23.57% —
INSP Inspire Medical Systems, Inc. 2.03b 68.98 (1.63%) 14.80 15.03% 4.35% —
ESTA Establishment Labs Holdings Inc. 1.83b 59.18 (3.55%) 0.00 (15.82%) 38.55% —
ATEC Alphatec Holdings, Inc. 1.69b 10.45 (4.39%) 0.00 (13.50%) 19.47% —
NVCR NovoCure Limited 1.68b 14.07 (2.36%) 0.00 (21.25%) 10.95% —
CNMD CONMED Corporation 1.41b 46.72 (0.89%) 25.25 4.12% 3.42% 0.00%
BVS Bioventus Inc. 1.16b 13.30 (3.69%) 16.42 9.36% 3.14% —
TNDM Tandem Diabetes Care, Inc. 1.15b 16.17 (2.12%) 0.00 (6.08%) 3.96% —
IRMD iRadimed Corporation 1.14b 88.27 (1.23%) 48.50 26.70% 11.21% 0.87%
ENOV Enovis Corporation 1.12b 19.59 1.24% 0.00 (47.97%) 4.89% —
AORT Artivion, Inc. 1.07b 21.78 (0.41%) 0.00 (0.67%) 16.40% —
CBLL CeriBell, Inc. 1.06b 25.04 (9.41%) 0.00 (64.73%) 31.70% —
IART Integra LifeSciences Holdings Corporation 1.05b 13.21 (2.37%) 0.00 (0.44%) 1.60% —
PRCT PROCEPT BioRobotics Corporation 1.04b 17.57 (3.20%) 0.00 (32.54%) 22.69% —
LMRI Lumexa Imaging Holdings, Inc. 1.04b 10.64 (1.30%) 0.00 (2.78%) — —
QDEL QuidelOrtho Corporation 953.88m 12.94 (6.97%) 0.00 (39.20%) (2.46%) —
BBNX Beta Bionics, Inc. 933.81m 16.35 (5.55%) 0.00 (61.32%) 52.54% —
SIBN SiBone 892.34m 19.68 (1.16%) 0.00 (6.85%) 15.30% —
AHCO AdaptHealth Corp. 871.24m 6.02 (5.79%) 0.00 (6.77%) 8.80% —
INMD InMode Ltd. 824.03m 14.16 (1.12%) 11.33 20.69% (6.71%) —
VREX VAREX IMAGING 784.30m 18.41 (0.32%) 34.74 2.55% 5.31% —
CTKB Cytek Biosciences, Inc. 703.21m 5.24 (3.14%) 0.00 (38.98%) 5.44% —
PACB Pacific Biosciences of California, Inc. 609.23m 1.73 (11.73%) 0.00 (82.49%) 2.02% —
KIDS OrthoPediatrics Corp. 589.30m 21.95 (2.75%) 0.00 (15.72%) 14.49% —
TCMD Tactile Systems Technology, Inc. 527.57m 22.52 (3.31%) 20.47 7.10% 17.22% —
SSII SS Innovations International, Inc. 517.23m 2.55 (1.16%) 0.00 (23.73%) 89.71% —
DCTH Delcath Systems, Inc. 513.89m 14.08 (4.93%) 1,408.00 0.56% 35.85% —
MASS 908 Devices Inc. 491.46m 11.33 (4.71%) 0.00 (56.96%) 13.35% —
SGHT Sight Sciences, Inc. 484.78m 8.28 (5.91%) 0.00 (35.69%) 9.27% —
BWAY Brainsway Ltd. Sponsored ADR 475.75m 11.41 (3.47%) 24.80 15.55% 31.71% —
CERS Cerus Corporation 455.45m 2.20 (2.65%) 0.00 (2.73%) 14.61% —
NPCE NeuroPace, Inc. 438.66m 12.24 (4.23%) 0.00 (18.58%) 21.65% —
SENS Senseonics Holdings, Inc. 435.15m 7.85 (4.62%) 0.00 (225.34%) 90.63% —
OFIX ORTHOFIX MEDICAL INC. 390.63m 9.38 (2.19%) 0.00 (7.41%) 2.99% —
SI Shoulder Innovations, Inc. 382.44m 18.09 (1.52%) 0.00 (58.33%) 62.93% —
VMD Viemed Healthcare, Inc. 371.36m 9.48 (2.77%) 24.95 4.81% 25.21% —
CV CapsoVision, Inc. 343.21m 6.53 1.24% 2.05 (214.74%) 16.66% —
RCEL Avita Medical Inc. 333.10m 13.04 (2.76%) 0.00 (56.96%) 1.00% —
CLPT ClearPoint Neuro, Inc. 294.06m 9.07 (5.91%) 0.00 (81.76%) 25.86% —
QSI Quantum-Si Incorporated 286.74m 1.12 (14.50%) 0.00 (6,138.26%) (52.96%) —
INFU InfuSystems Holdings, Inc. 277.24m 13.33 (4.24%) 31.74 5.96% 2.47% —
TMCI Treace Medical Concepts, Inc. 267.94m 3.87 (6.07%) 0.00 (28.99%) (3.95%) —
CATX Perspective Therapeutics, Inc. 267.12m 2.17 (7.26%) 0.00 (28,467.97%) (66.88%) —
LAB Standard BioTools Inc. 258.47m 0.63 (4.55%) 2.86 100.37% 30.23% —
TLSI TriSalus Life Sciences, Inc. 240.14m 3.63 (6.92%) 0.00 (127.00%) 25.25% —
ELMD Electromed, Inc. 232.29m 27.42 (2.18%) 20.01 15.32% 15.28% —
PROF Profound Medical 230.50m 6.01 (4.75%) 0.00 (171.56%) 61.20% —
RXST RxSight, Inc. 194.24m 4.51 (3.43%) 0.00 (36.80%) (13.25%) —
INGN Inogen, Inc 167.06m 6.25 (0.79%) 0.00 (6.94%) 3.15% —
STIM Neuronetics, Inc. 148.58m 1.89 (3.08%) 0.00 (19.62%) 39.59% —
QTRX Quanterix Corporation 145.19m 2.87 (6.51%) 0.00 (80.25%) 21.96% —
MXCT MaxCyte, Inc. 134.17m 1.30 0.00% 0.00 (114.77%) (13.15%) —
OWLT Owlet, Inc. 129.75m 4.14 (6.76%) 0.00 (10.67%) 27.95% —
APYX Apyx Medical Corporation 107.84m 2.55 (0.39%) 0.00 (14.78%) 25.59% —
LUCD Lucid Diagnostics Inc. 105.71m 0.48 (7.69%) 0.00 (1,193.87%) 24.89% —
ZOMDF Zomedica Corp. 95.35m 0.08 0.00% 0.00 (51.39%) 30.05% —
HYPR Hyperfine, Inc. 82.73m 0.75 (3.85%) 0.00 (210.75%) 53.16% —
SERA Sera Prognostics, Inc. 80.08m 2.06 1.48% 0.00 (47,475.71%) (35.19%) —
LUNG Pulmonx Corporation 79.46m 1.78 (3.78%) 0.00 (55.03%) (3.43%) —
OM Outset Medical, Inc. 76.61m 3.94 (3.43%) 0.00 (63.06%) (1.26%) —
ECOR electroCore, Inc. 75.28m 7.85 (5.99%) 0.00 (39.96%) 33.45% —
LNSR LENSAR, Inc. 74.09m 5.80 (3.81%) 2.04 57.57% 3.26% —
MYO Myomo, Inc. 51.49m 1.20 (7.69%) 0.00 (33.53%) 6.14% —
COCH Envoy Medical, Inc. 49.89m 0.67 4.69% 0.00 (13,747.34%) (6.76%) —
MDAI Spectral AI, Inc. 49.56m 1.51 (1.95%) 0.00 (65.54%) (44.13%) —
TLIS Talis Biomedical Corporation 46.27m 2.84 0.00% 0.00 0.00% (65.21%) —
SRTS Sensus Healthcare, Inc. 45.60m 2.77 0.00% 0.00 (88.45%) (53.39%) —
TELA TELA Bio, Inc. 45.59m 0.98 (2.97%) 0.00 (51.53%) 6.09% —
SNWV Sanuwave Health Inc. 44.48m 4.96 (4.06%) 2.99 34.66% 12.67% —
XTNT Xtant Medical Holdings, Inc. 42.48m 0.28 (6.67%) 0.00 (10.17%) (14.28%) —
RPID Rapid Micro Biosystems, Inc. 42.39m 0.76 (10.59%) 0.00 (145.55%) 16.13% —
NNOX Nano-X Imaging Ltd. 38.60m 0.45 (8.16%) 0.00 (747.20%) 31.52% —
CVRX CVRx, Inc. 37.03m 1.30 (6.47%) 0.00 (84.93%) 11.96% —
ELUT Elutia Inc. 34.93m 0.79 0.00% 0.64 488.15% 69.03% —

Updated 17 October 2026