Stock · ISRG · Healthcare

Intuitive Surgical Inc

United States · Large Cap · listed since 2000 · Revenue 12 mo. $11.6B

Price as of 11/06/2026

StockScorer score
5.5
of 10 6 of 11 points Medium Match To the score
Price
$452.80
1 Y −26.9%
Market cap
$164.6B
Phase
Growth
revenue growing, core business profitable
Revenue +17.4% a year (3 years)EBIT margin 29.3%Payout 75.7% of operating cash flow

Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.

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Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally. It offers the da Vinci Surgical System that enables surgical procedures using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic endoluminal procedures enabling minimally invasive biopsies in the lung. The company also provides a suite of stapling, energy, and core instrumentation for its multi-port da Vinci surgical systems; progressive learning pathways to support the use of its technology; infrastructure of customer service and support specialists, a complement of services to its customers, including installation, repair, maintenance, 24/7 technical support, and proactive system health monitoring; and integrated digital capabilities providing connected offerings, streamlining performance for hospitals with program-enhancing insights. It sells its products through direct sales organizations, such as capital and clinical sales teams. Intuitive Surgical, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.

Original text from the data provider

Summary

Intuitive Surgical Inc is around the middle of the Healthcare sector overall

51.9 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 24.9% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €2.2B (2025), it supports €24.8B. The remaining €122.9B of the market value assume it grows 24.9% a year for 10 years and not at all afterwards.

Required FCF growth per year

24.9%

no growth afterwards

Market value breakdown€147.7B market value, price as of 11/06/2026

€24.8B without growth
€122.9B priced-in growth
  • 5 yrs achieved 5.8%
  • 10 yrs achieved 7.1%
  • priced in 24.9%

Valuation against its own history

Price to operating cash flow 38.9×, below its usual range.

Middle half of 20 quarters: 51.1× to 68.0×, median 63.4×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

  • High, stable gross margin median 68.4%, range 4.5 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 24.9%, achieved at most 7.1%

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 3 of 4 changes for the better.

  • FCF, 12 mo.$3.2B → $3.6B+11.7%better
  • EBIT margin31.3% → 28.4%−2.9 ppworse
  • FCF margin29.2% → 31.1%+1.9 ppbetter
  • Shares outstanding359M → 352M−1.9%better

4 more unchanged: Revenue, 12 mo., Gross margin, Net debt, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability65.0above the middleEarns more than the sector: EBIT margin 29.27%, sector 18.31%.
MetricStockSector medianPosition in sector
Return on equity16.02%11.52%Rank 69
Return on capital (Greenblatt)22.46%32.55%Rank 30
EBIT margin29.27%18.31%Rank 84
FCF margin24.75%14.12%Rank 84
Gross margin66.00%60.99%Rank 57
Growth79.7above the middleGrows faster than the sector: Earnings growth, 5 years per year 21.79%, sector 7.00%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year20.51%8.04%Rank 85
Earnings growth, 3 years per year29.18%5.44%Rank 80
Earnings growth, 5 years per year21.79%7.00%Rank 86
Sustainable growth (ROE × retained earnings)5.36%3.66%Rank 67
Valuation13.1below the middleValued higher than the sector: EV/EBIT 53.97, sector 21.73.
MetricStockSector medianPosition in sector
Earnings yield1.74%2.90%Rank 23
FCF yield1.51%3.63%Rank 17
EV/saleslower is better15.794.03Rank 8
EV/EBITlower is better53.9721.73Rank 5
Momentum30.6below the middleShare price doing worse than the sector: Share price, 1 year −26.95%, sector 8.66%.
MetricStockSector medianPosition in sector
Share price, 1 year−26.95%8.66%Rank 10
Share price, 6 months1.09%24.27%Rank 16
Share price, 3 months24.66%15.42%Rank 80
Distance from 52-week high−23.62%−7.35%Rank 17
Quality44.5around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−4.26%0.30%Rank 84
Change in share countlower is better0.19%0.00%Rank 28
Dividend streak in yearsdoes not count towards the rank–10
Price reaction to results, market-adjusted−2.78%0.05%Rank 22
Balance sheet & risk78.5above the middleLess risk than the sector: Equity ratio 86.39%, sector 48.40%.
MetricStockSector medianPosition in sector
Equity ratio86.39%48.40%Rank 97
Net debt/EBITDAlower is better−1.411.11Rank 88
Debt to equitylower is better0.020.48Rank 92
Volatility, 1 yearlower is better35.42%31.42%Rank 38

Ten years in figures

Revenue from $2.7B (2016) to $10.1B (2025), 15.7% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt
20162.735.0%$989.0M354M−$4.8B
20173.133.7%$953.2M349M−$3.8B
20183.732.2%$982.2M356M−$857.9M
20194.530.7%$1.2B359M−$1.1B
20204.424.1%$1.1B361M−$1.6B
20215.731.9%$1.7B366M−$1.2B
20226.225.4%$958.4M362M−$1.6B
20237.124.8%$749.6M357M−$2.8B
20248.428.1%$1.3B362M−$1.9B
202510.129.3%$2.5B363M−$3.1B
5.5 / 10Medium MatchStockScorer score6 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

Intuitive Surgical Inc mainly meets criteria in the Growth category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 100%This stock · Valuation: 0%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Intuitive Surgical Inc's score is built

Intuitive Surgical Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

6 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Intuitive Surgical Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Altman Z-Score: Stress Test
  • Earnings Quality: Accrual Check (Sloan)
  • Defensive: Low Volatility
  • Undervalued Stocks: Multi-Factor Check
  • Growth Momentum (CAN SLIM principle)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

Intuitive Surgical Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Intuitive Surgical Inc.

MetricStockSector
P/E ratio57.530.0
P/B ratio9.24.8
Return on equity (ROE)16.0%11.5%
Equity ratio86.4%48.4%
Debt-to-equity (D/E)0.020.48
Dividend yield–1.3%

Similar stocks in Healthcare

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
ISRGIntuitive Surgical Incthis page
BDXBecton Dickinson and CompanyLow2.7
MDLNMedline Inc. Class A Common Stocklocked
EL.PAEssilorLuxottica S. A.Low3.6
7741.THoya Corlocked
ALC.SWAlcon AGlocked

Frequently asked questions about Intuitive Surgical Inc stock

How does Intuitive Surgical Inc stock (ISRG) score in the StockScorer model?
Intuitive Surgical Inc stock reaches a StockScorer score of 5.5 out of 10, which is a medium match with the rule-based strategies. 4 out of 7 flagship profile rules are met.
What is Intuitive Surgical Inc's P/E ratio?
Intuitive Surgical Inc's P/E ratio is 57.5. The Healthcare sector median is 30.0.
What sector is Intuitive Surgical Inc in?
Intuitive Surgical Inc is assigned to the Healthcare sector. Its rank within the sector is 51.9 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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