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 $894.1B. Abbott Laboratories (ABT) is the largest at $196.6B, followed by Medtronic PLC and Stryker Corporation. The median Medical Devices stock trades at 25.6× trailing earnings, above the market median of 17.9×, with a median net margin of −14.5% (market: 1.06%). Median revenue growth over the last twelve months is 10.4%. 10 of the 149 pay a dividend; the median yield among payers is 1.04%.

Medical Devices medians

Metric Industry Market
P/E 25.6× 17.9×
P/S 2.5× 1.9×
P/B 2.5× 1.7×
Price to free cash flow 28.8× 14.1×
EV/EBITDA 11.5× 10.9×
EV/Sales 2.7× 2.1×
Earnings yield −12.8% 1.55%
Free cash flow yield −8.18% 0.93%
Gross margin 57.8% 45.1%
Operating margin −15.1% 0.00%
Net margin −14.5% 1.06%
Free cash flow margin −3.88% 0.00%
Return on equity −10.4% 0.51%
Return on assets −17.3% 0.00%
Return on invested capital −5.27% 0.00%
Revenue growth (TTM) 10.4% 7.58%
EPS growth (last fiscal year) 28.2% 14.0%
Revenue growth, 5-year CAGR 15.7% 8.99%
Net income growth, 5-year CAGR 0.00% 0.00%
Debt to equity 0.0× 0.1×
Current ratio 2.7× 1.6×
Net debt to EBITDA 0.5× 0.6×
Dividend yield 1.02% 2.20%
Payout ratio 0.4× 0.3×
Market cap $239.5M $676.4M

Today’s biggest moves

Up

28.30 3.88 +15.89%
379.50 15.37 +4.22%
253.82 5.90 +2.38%
100.35 0.98 +0.99%
7.37 0.06 +0.82%

Down

1.90 0.37 −16.30%
58.63 8.89 −13.17%
2.13 0.29 −11.98%
7.99 1.03 −11.42%
219.43 27.26 −11.05%

All 149 companies

Open in screener
Ticker Company Market cap Price 1D P/E Net margin Revenue growth Dividend yield
ABT Abbott Laboratories 196.57b 113.42 (1.81%) 42.32 9.75% 10.00% 2.22%
MDT Medtronic PLC 134.11b 104.51 (0.43%) 25.62 13.93% 9.77% 2.74%
SYK Stryker Corporation 127.56b 333.88 (1.70%) 35.33 13.78% 7.87% 1.05%
BSX Boston Scientific Corporation 64.70b 44.36 (3.19%) 18.72 16.62% 8.87% —
EW Edwards Lifesciences Corporation 58.11b 100.35 0.99% 56.69 15.30% 13.44% —
GEHC GE HealthCare Technologies Inc. 37.87b 83.36 (2.86%) 17.52 9.95% 6.87% 0.17%
DXCM DexCom, Inc. 31.50b 84.45 (4.55%) 32.61 19.41% 13.03% —
PHG Koninklijke Philips N.V. 29.82b 30.45 (1.96%) 25.76 5.34% 7.98% 3.33%
STE STERIS plc 24.78b 253.82 2.38% 30.00 13.41% 8.12% 1.02%
ZBH Zimmer Biomet Holdings, Inc. 20.38b 106.74 (3.10%) 26.87 8.95% 6.98% 0.90%
SNN Smith & Nephew SNATS, Inc. 13.40b 31.95 (1.57%) 38.94 6.71% 4.81% 2.49%
GKOS Glaukos Corporation 13.02b 219.43 (11.05%) — (24.60%) 46.94% —
PEN Penumbra, Inc. 12.66b 320.82 (0.51%) 80.35 10.06% 16.98% —
GMED Globus Medical, Inc. 10.93b 80.86 (7.16%) 19.53 17.76% 13.35% —
PODD Insulet Corporation 10.83b 155.02 (6.06%) 25.23 13.45% 26.46% —
BIO.B Bio-Rad Laboratories, Inc. 10.33b 379.50 4.22% 9.95 39.45% 1.38% —
BIO Bio-Rad Laboratories, Inc. 9.91b 370.76 (2.43%) 9.72 39.45% 1.38% —
BRKR Bruker Corporation 8.85b 58.20 (8.76%) — (4.76%) 2.16% 0.34%
TXG 10x Genomics 7.56b 58.63 (13.17%) — (12.18%) (4.28%) —
HAE Haemonetics Corporation 5.65b 123.13 (3.37%) 54.48 7.52% 4.11% —
LIVN LivaNova PLC 5.02b 91.68 (2.66%) 25.58 13.01% 11.71% —
ITGR Integer Holdings Corporation 4.31b 126.67 0.02% 42.22 5.68% (0.31%) —
IRTC iRhythm Holdings, Inc. 4.29b 130.32 (2.75%) — (4.52%) 21.56% —
AXGN AxoGen, Inc. 2.91b 48.80 (4.97%) — (11.96%) 24.32% —
NEOG Neogen Corporation 2.55b 11.66 (6.42%) — (6.35%) (0.33%) —
TMDX TransMedics Group, Inc. 2.39b 68.94 (5.25%) 16.41 19.85% 28.48% —
UFPT UFP Technologies, Inc. 2.32b 297.68 (9.74%) 30.06 11.78% 8.62% —
INSP Inspire Medical Systems, Inc. 1.93b 66.47 (0.21%) 19.12 11.43% (0.19%) —
ESTA Establishment Labs Holdings Inc. 1.92b 64.25 (4.02%) — (15.82%) 38.55% —
ALMR Alamar Biosciences, Inc. 1.87b 27.14 (0.91%) — (52.19%) — —
ENOV Enovis Corporation 1.65b 28.30 15.89% — (22.87%) 3.28% —
BFLY Butterfly Network, Inc. 1.62b 6.06 (10.49%) — (43.56%) 39.35% —
NVCR NovoCure Limited 1.58b 13.53 (7.39%) — (16.78%) 12.94% —
CNMD CONMED Corporation 1.57b 52.58 (2.01%) 21.71 5.36% 1.62% 0.00%
LMRI Lumexa Imaging Holdings, Inc. 1.27b 13.19 0.69% — (2.78%) — —
TNDM Tandem Diabetes Care, Inc. 1.25b 17.85 (6.30%) — (4.58%) 6.84% —
AORT Artivion, Inc. 1.23b 24.77 (6.35%) — (0.67%) 16.40% —
ATEC Alphatec Holdings, Inc. 1.21b 7.79 (5.92%) — (10.35%) 15.34% —
PRCT PROCEPT BioRobotics Corporation 1.16b 20.11 (7.16%) — (32.60%) 17.47% —
IART Integra LifeSciences Holdings Corporation 1.10b 14.11 (4.79%) 83.00 0.79% 0.84% —
IRMD iRadimed Corporation 1.09b 84.87 (4.19%) 44.90 26.85% 10.97% 0.91%
SIBN SiBone 1.09b 24.20 (3.01%) — (6.20%) 13.99% —
AHCO AdaptHealth Corp. 1.01b 7.37 0.82% — (11.81%) 10.81% —
CBLL CeriBell, Inc. 1.01b 26.00 (5.07%) — (67.96%) 31.28% —
BVS Bioventus Inc. 899.91m 10.60 (7.18%) 12.32 9.78% 3.87% —
QDEL QuidelOrtho Corporation 880.51m 12.85 (10.45%) — (14.24%) (4.47%) —
BBNX Beta Bionics, Inc. 842.14m 15.42 (9.03%) — (65.31%) 43.69% —
KIDS OrthoPediatrics Corp. 841.28m 32.14 (4.09%) — (12.83%) 16.15% —
VREX VAREX IMAGING 783.03m 18.45 (0.32%) 34.81 2.55% 5.31% —
INMD InMode Ltd. 771.09m 13.37 (5.85%) 10.70 20.69% (6.71%) —
PACB Pacific Biosciences of California, Inc. 755.32m 2.46 (3.53%) — (81.31%) 4.41% —
CTKB Cytek Biosciences, Inc. 701.91m 5.42 (7.82%) — (39.10%) 5.50% —
TCMD Tactile Systems Technology, Inc. 590.72m 26.34 (3.09%) 25.17 6.68% 14.41% —
AVR Anteris Technologies Global Corp. 544.01m 5.59 (8.66%) — (4,619.27%) (9.56%) —
SGHT Sight Sciences, Inc. 537.66m 9.66 (0.21%) — (32.13%) 16.23% —
DCTH Delcath Systems, Inc. 502.79m 14.55 (1.82%) 1,455.00 0.56% 35.85% —
NPCE NeuroPace, Inc. 435.58m 12.62 (5.40%) — (19.34%) 11.59% —
CERS Cerus Corporation 430.16m 2.13 (11.98%) — (2.90%) 11.43% —
BWAY Brainsway Ltd. Sponsored ADR 427.05m 10.59 (5.53%) 21.18 15.55% 31.71% —
SI Shoulder Innovations, Inc. 424.09m 20.48 (2.52%) — (51.72%) 59.81% —
SENS Senseonics Holdings, Inc. 422.46m 7.99 (11.42%) — (225.34%) 90.63% —
MASS 908 Devices Inc. 419.53m 10.22 (7.68%) — (56.96%) 13.35% —
RCEL Avita Medical Inc. 389.49m 15.69 (3.86%) — (42.65%) 16.97% —
SSII SS Innovations International, Inc. 380.91m 1.90 (16.30%) — (23.73%) 89.71% —
MOBI Mobia Medical, Inc 375.52m 11.27 0.27% — (139.16%) — —
OFIX ORTHOFIX MEDICAL INC. 363.33m 8.82 (9.26%) — (7.41%) 2.99% —
VMD Viemed Healthcare, Inc. 343.17m 9.01 (10.88%) 21.98 5.03% 21.81% —
CV CapsoVision, Inc. 329.90m 6.17 (9.93%) — (214.74%) 16.66% —
CLPT ClearPoint Neuro, Inc. 278.55m 8.69 (14.47%) — (79.43%) 32.51% —
TMCI Treace Medical Concepts, Inc. 271.85m 4.14 (8.00%) — (28.99%) (3.95%) —
INFU InfuSystems Holdings, Inc. 270.08m 13.45 2.28% 32.02 5.96% 2.47% —
QSI Quantum-Si Incorporated 256.09m 1.17 (9.30%) — (6,729.80%) (60.18%) —
PROF Profound Medical 251.33m 6.87 (4.05%) — (137.51%) 65.26% —
LAB Standard BioTools Inc. 245.72m 0.62 0.00% 1.80 157.62% 35.25% —
ELMD Electromed, Inc. 221.84m 26.57 (5.14%) 19.39 15.32% 15.28% —
TLSI TriSalus Life Sciences, Inc. 217.36m 3.56 (8.48%) — (130.17%) 25.25% —
RXST RxSight, Inc. 190.36m 4.43 (11.22%) — (43.80%) (14.26%) —
STIM Neuronetics, Inc. 185.16m 2.44 (9.96%) — (14.45%) 23.01% —
INGN Inogen, Inc 179.67m 6.75 (6.51%) — (6.94%) 3.15% —
MXCT MaxCyte, Inc. 135.20m 1.31 (5.76%) — (114.77%) (13.15%) —
QTRX Quanterix Corporation 130.53m 2.75 (9.54%) — (80.25%) 21.96% —
APYX Apyx Medical Corporation 128.90m 3.00 15.83% — (14.16%) 24.35% —
OWLT Owlet, Inc. 123.90m 4.23 (6.62%) — (10.67%) 27.95% —
LUNG Pulmonx Corporation 111.49m 2.51 (11.31%) — (47.93%) (3.15%) —
ZOMDF Zomedica Corp. 95.35m 0.09 0.00% — (41.35%) 31.33% —
CATX Perspective Therapeutics, Inc. 89.99m 0.80 (8.05%) — (28,467.97%) (66.88%) —
NYXH Nyxoah SA 82.59m 0.81 (5.81%) — (446.39%) 366.24% —
SERA Sera Prognostics, Inc. 82.05m 2.08 2.97% — (34,866.67%) 1.05% —
ECOR electroCore, Inc. 79.34m 8.65 2.98% — (33.46%) 27.26% —
LUCD Lucid Diagnostics Inc. 79.28m 0.39 (13.33%) — (1,193.87%) 24.89% —
OM Outset Medical, Inc. 76.99m 4.14 (6.76%) — (58.33%) 1.58% —
HYPR Hyperfine, Inc. 72.69m 0.69 (8.00%) — (210.75%) 53.16% —
MBOT Microbot Medical Inc. 71.87m 1.06 (7.02%) — (3,955.22%) (59.09%) —
LNSR LENSAR, Inc. 67.57m 5.52 (5.48%) 3.89 57.57% 3.26% —
COCH Envoy Medical, Inc. 54.95m 7.10 (0.28%) — (11,233.77%) 11.06% —
SRTS Sensus Healthcare, Inc. 48.07m 2.92 (10.15%) — (88.45%) (53.39%) —
MYO Myomo, Inc. 47.13m 1.19 (8.46%) — (33.53%) 6.14% —
MDAI Spectral AI, Inc. 44.41m 1.39 (9.15%) — (65.54%) (44.13%) —
XTNT Xtant Medical Holdings, Inc. 42.09m 0.30 0.00% — (10.17%) (14.28%) —
CVRX CVRx, Inc. 39.16m 1.44 (8.86%) — (88.28%) 7.79% —

Updated 5 November 2026