MDT vs RMD
Medtronic (MDT) and ResMed (RMD) compared side by side. Medtronic (MDT) is larger, with a market cap of $122.0B versus $35.6B for ResMed, about 3.4 times the size. On trailing earnings, MDT is cheaper at 23.4x versus 24.2x for RMD.
Head to head
| Metric | MDT | RMD |
|---|---|---|
| Market cap | $122.0B | $35.6B |
| P/E (TTM) | 23.4x | 24.2x |
| Forward P/E | 14.9x | 19.1x |
| Revenue (TTM) | $37.5B | $5.7B |
| Revenue growth | 13.7% | 8.6% |
| Gross margin | 65.3% | 61.6% |
| Operating margin | 19.3% | 30.9% |
| Free cash flow | $6.1B | $1.6B |
| Dividend yield | 3.02% | 1.04% |
| 1-year return | +4.6% | -3.7% |
| 5-year return (annual) | -1.9% | -0.2% |
| Max drawdown | -73% | -62% |
| FI Handbook grade | B- | B+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
$6.0K
$8.0K
$10.0K
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MDT vs RMD FAQ
Which is bigger, MDT or RMD?
Medtronic (MDT) is larger, with a market cap of $122.0B versus $35.6B for ResMed, about 3.4 times the size.
Is MDT or RMD cheaper?
On trailing earnings, MDT is cheaper at 23.4x versus 24.2x for RMD. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, MDT or RMD?
MDT returned +4.6% over the past year including dividends, versus -3.7% for RMD, through October 23, 2026.
Which pays a higher dividend, MDT or RMD?
MDT yields 3.02% versus 1.04% for RMD.