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Stock Comparison · Structural lead, mixed market

AMETEK vs Medtronic: Which Stock Looks Stronger in 2026?

The structural profiles are close, with AMETEK carrying a narrow edge on valuation. Medtronic still has the edge on valuation, which keeps the comparison from looking entirely one-sided. On the market side, AMETEK is in better shape — its trend is intact while Medtronic's trend has broken down. That puts structure and market broadly in agreement — AMETEK's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-08-16

Valuation points more clearly toward Medtronic plc, even if the broader score still leans toward AMETEK, Inc..

Trajectory Similarity
0.66
Moderately similar
Peer-set rank: #56
within AMETEK, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The clearest structural overlap shows up in margin consistency and revenue stability.

Similarity drivers
margin consistencyrevenue stability
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AME
AMETEK, Inc.
62
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
MDT
Medtronic plc
58
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: AME vs MDT Profitability 61 45 Stability 66 50 Valuation 48 71 Growth 79 63 AME MDT
Gap Ranking
#1 Valuation +23
#2 Growth +16
#3 Profitability +16
#4 Stability +16
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AME and MDT Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AMEMDT Relative valuation Structural strength

AMETEK, Inc. still looks stronger overall, though current pricing looks more supportive for Medtronic plc.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AME and MDT each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AME Elevated · above norm 0th 50th 100th 18 pct gap MDT Elevated · below norm 0th 50th 100th 99th 81st
Today MDT sits in the upper portion of its own 5-year history (81st percentile), while AME sits higher in its own history (99th). Within each stock's own 5-year context, MDT is at a historically more favourable entry position than AME. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but Medtronic plc leads clearly.
Growth
On growth, the same pattern holds: both rank well, but AMETEK, Inc. still sits higher.
Valuation — Dominant Gap
AME
48
MDT
71
Gap+23in favour of MDT

The peer-relative valuation gap is clear, with the stronger side also looking meaningfully cheaper.

What keeps the gap from being one-sided

Medtronic plc still looks less cycle-sensitive — that keeps the result from looking completely one-sided.

What this means for the comparison

The lead is built on both valuation and growth — though valuation still provides a counterweight.

Explore full peer positioning in AssetNext

Break down the AME vs MDT comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how AME and MDT each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.