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Cash ratio at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
0.4×-0.3×
Stryker logo
StrykerSYK
0.5×+0.2×
Medtronic logo
MedtronicMDT
0.2×0.0×
Boston Scientific logo
Boston ScientificBSX
0.2×+0.1×
STERIS logo
STERISSTE
0.4×+0.2×
Fortive logo
FortiveFTV
0.2×-0.2×

Other financials

Income statement

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Revenue$2.8B+23.0%
Gross profit$1.8B+25.6%
Operating income$855.3M+47.9%
Net income$821.5M+17.6%
EPS (diluted)$2.28+18.8%

Balance sheet

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Cash & equivalents$2.1B-21.6%
Total equity$17.5B+2.2%
Total assets$20.1B+4.6%

Cash flow

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Operating cash flow$911.9M+56.8%
CapEx$103.3M-11.4%
Free cash flow$808.6M+73.9%

Valuation

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Market cap$142.44B-7.7%
P/E47.8×-14.5×
P/S13.5×-4.3×

Profitability

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Gross margin66.3%-0.8pp
Operating margin30.5%+2.3pp
Net margin28.2%-0.3pp

Returns & leverage

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Return on equity17.2%+1.3pp
Debt / equity0.0×
Current ratio4.6×-0.4×

Where this comes from

Calculated from Intuitive Surgical’s reported figures.

Based on the most recent quarter.

The official record: Intuitive Surgical’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intuitive Surgical's cash ratio?
Intuitive Surgical (ISRG) reported cash ratio of 1.1× in Q1 2026.
How has Intuitive Surgical's cash ratio changed year-over-year?
Intuitive Surgical's cash ratio decreased by 36.9% year-over-year, from 1.7× to 1.1×.
What is the long-term trend for Intuitive Surgical's cash ratio?
Over 4 years (2021 to 2025), Intuitive Surgical's cash ratio has grown at a 5.6% compound annual growth rate (CAGR), from 5.7× to 7×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.