Industry Statistics
- Companies: 27
- Median P/E: 24.8 (vs. sector 26.6)
- Average ROE: 6.5% (vs. sector 7.0%)
- Average debt/equity: 0.58 (vs. sector 0.80)
- Average dividend yield: 0.6% (vs. sector 0.5%)
- Average net margin: 4.7% (vs. sector -0.2%)
- Total market cap: $712.3B
Cheapest by P/E
- Inspire Medical Systems, Inc. (INSP) — P/E 15.0
- Boston Scientific Corporation (BSX) — P/E 17.2
- Smith & Nephew plc (SNN) — P/E 17.5
- Koninklijke Philips N.V. (PHG) — P/E 18.2
- GE HealthCare Technologies Inc. (GEHC) — P/E 18.6
Top Dividend Payers
- Koninklijke Philips N.V. (PHG) — 4.0%
- Medtronic plc (MDT) — 3.3%
- Smith & Nephew plc (SNN) — 2.9%
- Abbott Laboratories (ABT) — 2.5%
- Stryker Corporation (SYK) — 1.3%
Top Companies by Market Cap
- Abbott Laboratories (ABT) — $168.7B · P/E 31.4
- Medtronic plc (MDT) — $110.6B · P/E 21.3
- Stryker Corporation (SYK) — $105.6B · P/E 28.5
- Boston Scientific Corporation (BSX) — $63.3B · P/E 17.2
- Edwards Lifesciences Corporation (EW) — $49.0B · P/E 48.9
- DexCom, Inc. (DXCM) — $32.2B · P/E 33.7
- GE HealthCare Technologies Inc. (GEHC) — $29.0B · P/E 18.6
- Koninklijke Philips N.V. (PHG) — $23.3B · P/E 18.2
- Zimmer Biomet Holdings, Inc. (ZBH) — $17.1B · P/E 21.5
- Penumbra, Inc. (PEN) — $12.5B · P/E 77.8
- Smith & Nephew plc (SNN) — $11.2B · P/E 17.5
- Align Technology, Inc. (ALGN) — $10.3B · P/E 25.0
- Globus Medical, Inc. (GMED) — $10.2B · P/E 19.0
- Bio-Rad Laboratories, Inc. (BIO) — $10.2B · P/E 44.3
- Bruker Corporation (BRKR) — $9.7B
- Glaukos Corporation (GKOS) — $9.4B
- Insulet Corp. (PODD) — $9.1B · P/E 24.6
- Haemonetics Corporation (HAE) — $4.8B · P/E 50.7
- Integer Holdings Corporation (ITGR) — $4.3B · P/E 34.3
- LivaNova PLC (LIVN) — $4.1B · P/E 21.8
- iRhythm Technologies, Inc. (IRTC) — $3.6B
- TransMedics Group, Inc. (TMDX) — $2.9B
- Neogen Corporation (NEOG) — $2.6B
- UFP Technologies, Inc. (UFPT) — $2.3B · P/E 32.1
- Butterfly Network, Inc. (BFLY) — $2.3B
Related industries
- Drug Manufacturers - General · 16 · $4.12T
- Biotechnology · 98 · $1.07T
- Medical - Diagnostics & Research · 23 · $839.2B
- Medical - Healthcare Plans · 8 · $691.4B
- Medical - Instruments & Supplies · 19 · $377.6B
- Drug Manufacturers - Specialty & Generic · 14 · $242.3B
- Medical - Distribution · 4 · $228.9B
- Medical - Care Facilities · 20 · $219.8B
- Medical - Healthcare Information Services · 8 · $57.4B
- Medical - Specialties · 2 · $51.4B
- Medical - Pharmaceuticals · 5 · $48.5B
Frequently Asked Questions
How many publicly-traded companies are in the Medical - Devices industry?
The Medical - Devices industry has 27 publicly-listed companies in the US and Canadian markets tracked by Kaplio, with a combined market capitalization of $712.3B.
What is the median P/E ratio of Medical - Devices stocks?
The Medical - Devices companies above $2 billion with consistent data trade at a median P/E of 24.8. For comparison, the median of the Healthcare sector is 26.6.
What are the largest companies in the Medical - Devices industry?
By market capitalization, the largest Medical - Devices companies tracked by Kaplio are Abbott Laboratories, Medtronic plc, Stryker Corporation. The full ranking of the top 25 companies by market cap is available above.
Which Medical - Devices stocks have the highest dividend yield?
Top dividend payers in Medical - Devices include Koninklijke Philips N.V., Medtronic plc, Smith & Nephew plc, with an industry-average dividend yield of 0.6%.
How profitable are Medical - Devices companies?
Companies in the Medical - Devices industry average a net profit margin of 4.7% and a return on equity (ROE) of 6.5%, based on 27 companies tracked. Average debt-to-equity ratio is 0.58.