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Stock Comparison · Structural lead, mixed market

Danaher vs Medtronic: Which Stock Looks Stronger in 2026?

Medtronic holds the cleaner structural position, with the lead spread across growth and valuation. Danaher still has the edge on growth, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

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 2026-05-17

The page question resolves through growth, where Danaher Corporation holds the stronger read even though the broader score still favours Medtronic plc.

Trajectory Similarity
0.61
Moderately similar
Peer-set rank: #11
within Danaher Corporation's functional peer set

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

This level of similarity points to a meaningful structural match, though not a tight one.

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

Similarity drivers
revenue stabilitymargin consistency
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
DHR
Danaher Corporation
49
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
MDT
Medtronic plc
56
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: DHR vs MDT Profitability 44 49 Stability 35 56 Valuation 54 76 Growth 61 38 DHR MDT
Gap Ranking
#1 Growth +23
#2 Valuation +22
#3 Stability +21
#4 Profitability +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for DHR and MDT Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer DHRMDT Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Danaher Corporation.

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

Entry today — historical context

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

BASED ON 5-YEAR HISTORY DHR Lower · below norm 0th 50th 100th 21 pct gap MDT Lower · below norm 0th 50th 100th 1st 22nd
Today DHR sits in the lower portion of its own 5-year history (1st percentile), while MDT sits higher in its own history (22nd). Within each stock's own 5-year context, DHR is at a historically more favourable entry position than MDT. 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
Growth
On growth, Danaher Corporation is positioned higher in the group, while Medtronic plc is closer to the middle.
Valuation
Both rank well on valuation, but Medtronic plc still sits higher.
Growth — Dominant Gap
DHR
61
MDT
38
Gap+23in favour of DHR

The current lead is backed by a stronger multi-year growth trajectory.

What keeps the gap from being one-sided

Danaher Corporation still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

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

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how DHR 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.