EW vs MDT

Edwards Lifesciences and Medtronic, both Healthcare

Medtronic is the larger company at $102B against $50B. On trailing earnings MDT is the cheaper of the two at a P/E of 24.6 against 52.2, a gap that is only a bargain if the two are growing at similar rates. Over the past year EW returned +15% against +5.4% for MDT. Ryufin's sector-relative Smart Score puts MDT ahead, 8/10 against 7/10.

Edwards Lifesciences and Medtroniccompared on valuation, return and Ryufin’s Smart Score
FigureEWMDT
Last close$90.77$92.01
Market cap$50B$102B
Trailing P/Elower is cheaper for the same earnings, not automatically better52.224.6
Dividend yieldn/a3.1%
1-year return+15%+5.4%
5-year return-19%-19%
Ryufin Smart Scoresector-relative, 1–107/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Edwards Lifesciences

Revenue of $1.7B in Q2 2026, net income $241M. Its largest reported line is Transcatheter Aortic Valve Replacement, 73% of the disclosed total.

Medtronic

Revenue of $9.8B in Q4 2026, net income $1.2B. Its largest reported line is Total Other Countries Excluding Ireland, 100% of the disclosed total.

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