MDT vs SYK

Medtronic and Stryker Corporation, both Healthcare

Stryker Corporation is the larger company at $118B against $102B. On trailing earnings MDT is the cheaper of the two at a P/E of 24.6 against 34.2, a gap that is only a bargain if the two are growing at similar rates. Over the past year MDT returned +5.4% against -11% for SYK. Ryufin's sector-relative Smart Score puts MDT ahead, 8/10 against 7/10.

Medtronic and Stryker Corporationcompared on valuation, return and Ryufin’s Smart Score
FigureMDTSYK
Last close$92.01$330
Market cap$102B$118B
Trailing P/Elower is cheaper for the same earnings, not automatically better24.634.2
Dividend yield3.1%n/a
1-year return+5.4%-11%
5-year return-19%+28%
Ryufin Smart Scoresector-relative, 1–108/107/10

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.

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.

Stryker Corporation

Revenue of $6.6B in Q2 2026, net income $1.3B. Its largest reported line is Instruments, 15% of the disclosed total.

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