InMode (INMD) vs Medtronic (MDT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
InMode (INMD) has outperformed Medtronic (MDT) over the past year, losing 6.8% versus a loss of 13.0%. Over five years, MDT leads with a -33.1% price change compared with -83.2% for INMD. Medtronic is the larger company by market cap ($112.24 billion vs $810.2 million), about 138.5 times the size.
On valuation, InMode trades at a lower forward P/E (10.3x vs 13.7x for Medtronic). Medtronic pays a dividend yielding 3.25%, while InMode does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | INMD | MDT |
|---|---|---|
| Share price | $14.08 | $87.75 |
| Market cap | $810.22M | $112.24B |
| 1-day change | +0.50% | +2.62% |
| YTD return | -4.63% | -10.98% |
| 1-year return | -6.79% | -13.04% |
| 5-year return | -83.20% | -33.06% |
| P/E ratio (TTM) | 11.64 | 21.56 |
| Forward P/E | 10.26 | 13.68 |
| EPS (TTM) | $1.21 | $4.07 |
| Dividend yield | 0.00% | 3.25% |
| Annual dividend | $0.00 | $2.85 |
| Revenue (latest FY) | — | $36.36B |
| Revenue growth (YoY) | — | +8.43% |
| Net income (latest FY) | — | $4.80B |
| Gross margin | — | 65.02% |
| Operating margin | — | 17.78% |
| Net margin | — | 13.20% |
| 52-week high | $16.74 | $106.33 |
| 52-week low | $12.72 | $73.31 |
| Distance from 52-week high | -15.89% | -17.47% |
| Analyst consensus | none | buy |
| Avg. price target upside | +14.84% | +19.02% |
| Average volume | 521.98K | 11.49M |
| Shares outstanding | 57.54M | 1.28B |
| Employees | 660 | 95,000 |
| Sector | Health Care | Health Care |
| Industry | Biotechnology: Electromedical & Electrotherapeutic Apparatus | Biotechnology: Electromedical & Electrotherapeutic Apparatus |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Medtronic is about 138.5 times larger than InMode by market value ($112.24B vs $810.22M).
- Medtronic trades at a higher earnings multiple (21.6x vs 11.6x trailing P/E).
- Medtronic offers a meaningfully higher dividend yield (3.25% vs 0.00%).
About InMode
INMD stock →InMode Ltd. designs, develops, manufactures, and markets minimally invasive aesthetic medical products based on its proprietary radio frequency assisted lipolysis and deep subdermal fractional radiofrequency technologies in the United States, Europe, Asia, and internationally.
Health Care · Biotechnology: Electromedical & Electrotherapeutic Apparatus · 660 employees
About Medtronic
MDT stock →Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. It operates through three segments: The Cardiovascular Portfolio, Neuroscience Portfolio, and Medical Surgical Portfolio.
Health Care · Biotechnology: Electromedical & Electrotherapeutic Apparatus · 95,000 employees
INMD vs MDT FAQ
Which is bigger, InMode or Medtronic?
Medtronic (MDT) is larger, with a market capitalization of $112.24B compared with $810.22M for InMode (INMD).
Which stock has performed better over the past year, INMD or MDT?
INMD returned -6.79% over the past 12 months, compared with -13.04% for MDT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, INMD or MDT?
INMD has the lower trailing P/E at 11.6, versus 21.6 for MDT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, InMode or Medtronic?
Medtronic pays a dividend yielding 3.25%, while InMode does not currently pay a regular dividend.
Are InMode and Medtronic in the same industry?
Yes. Both are classified in the Biotechnology: Electromedical & Electrotherapeutic Apparatus industry within the Health Care sector.