Integer (ITGR) 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
Integer (ITGR) has outperformed Medtronic (MDT) over the past year, gaining 22.0% versus a loss of 13.0%. Over five years, ITGR leads with a +41.8% price change compared with -33.1% for MDT. Medtronic is the larger company by market cap ($109.38 billion vs $4.30 billion), about 25.4 times the size.
On valuation, Medtronic trades at a lower forward P/E (13.3x vs 18.4x for Integer). Medtronic pays a dividend yielding 3.33%, while Integer does not currently pay one. Medtronic converts more of its revenue into profit, with a net margin of 13.2% versus 5.5%.
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 | ITGR | MDT |
|---|---|---|
| Share price | $126.59 | $85.51 |
| Market cap | $4.30B | $109.38B |
| 1-day change | +0.09% | -1.81% |
| YTD return | +61.41% | -10.98% |
| 1-year return | +22.05% | -13.04% |
| 5-year return | +41.79% | -33.06% |
| P/E ratio (TTM) | 34.59 | 21.01 |
| Forward P/E | 18.43 | 13.33 |
| EPS (TTM) | $3.66 | $4.07 |
| Dividend yield | 0.00% | 3.33% |
| Annual dividend | $0.00 | $2.85 |
| Revenue (latest FY) | $1.85B | $36.36B |
| Revenue growth (YoY) | +7.98% | +8.43% |
| Net income (latest FY) | $102.81M | $4.80B |
| Gross margin | 26.99% | 65.02% |
| Operating margin | 11.94% | 17.78% |
| Net margin | 5.55% | 13.20% |
| 52-week high | $126.80 | $106.33 |
| 52-week low | $62.00 | $73.31 |
| Distance from 52-week high | -0.17% | -19.58% |
| Analyst consensus | none | buy |
| Avg. price target upside | -3.78% | +22.14% |
| Average volume | 981.56K | 11.49M |
| Shares outstanding | 34.00M | 1.28B |
| Employees | 11,000 | 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 25.4 times larger than Integer by market value ($109.38B vs $4.30B).
- ITGR has outperformed MDT by 35.1 percentage points over the past year.
- Integer trades at a higher earnings multiple (34.6x vs 21.0x trailing P/E).
- Medtronic offers a meaningfully higher dividend yield (3.33% vs 0.00%).
- Medtronic is more profitable, keeping 13.2 cents of every revenue dollar as net income versus 5.5 cents for Integer.
About Integer
ITGR stock →Integer Holdings Corporation operates as a medical device contract development and manufacturing company in the United States, Costa Rica, Puerto Rico, Ireland, and internationally. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.
Health Care · Biotechnology: Electromedical & Electrotherapeutic Apparatus · 11,000 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
ITGR vs MDT FAQ
Which is bigger, Integer or Medtronic?
Medtronic (MDT) is larger, with a market capitalization of $109.38B compared with $4.30B for Integer (ITGR).
Which stock has performed better over the past year, ITGR or MDT?
ITGR returned +22.05% 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, ITGR or MDT?
MDT has the lower trailing P/E at 21.0, versus 34.6 for ITGR. 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, Integer or Medtronic?
Medtronic pays a dividend yielding 3.33%, while Integer does not currently pay a regular dividend.
Are Integer and Medtronic in the same industry?
Yes. Both are classified in the Biotechnology: Electromedical & Electrotherapeutic Apparatus industry within the Health Care sector.