Intuitive Surgical ISRG Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 265.3%-0.8pp | 266.1%-1.5pp | 267.5%-0.6pp | 268.1%-0.2pp | 268.4%+0.7pp | |
| Operating margin | 117.8%+2.3pp | 115.6%+1.1pp | 114.4%+3.1pp | 111.4%+3.0pp | 108.3%+2.9pp | |
| Net margin | 113.6%-0.3pp | 113.9%+0.6pp | 113.3%+0.1pp | 113.2%+0.9pp | 112.4%+1.3pp | |
| Returns | ||||||
| Return on equity | 66.8%+1.3pp | 65.5%+1.1pp | 64.5%+0.9pp | 63.5%+0.3pp | 63.3%+0.2pp | |
| Efficiency | ||||||
| Asset turnover | 2.1×0.0× | 2×0.0× | 2×0.0× | 2×0.0× | 2×0.0× | |
| Liquidity | ||||||
| Current ratio | 19.4×-0.4× | 19.7×+0.8× | 18.9×+0.4× | 18.5×0.0× | 18.5×-0.6× | |
| Per Share | ||||||
| Book value per share | $193.52+0.9% | $191.87+2.0% | $188.12+2.1% | $184.29+4.7% | $176.02+4.9% | |
| Valuation | ||||||
| Market capitalization | $712.3B-1.9% | $726.02B+2.1% | $711.16B-2.0% | $725.41B+4.3% | $695.72B+5.5% | |
| Price / earnings | 255.5×-16.7× | 272.2×-9.7× | 282×-19.5× | 301.4×-3.5× | 304.9×+0.5× | |
| Price / sales | 72.6×-4.9× | 77.5×-2.3× | 79.8×-5.5× | 85.3×-0.3× | 85.6×+1.0× | |
| Price / book | 40.6×-1.0× | 41.6×0.0× | 41.7×-1.7× | 43.4×-0.2× | 43.6×+0.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Intuitive Surgical's profit margins?
- Intuitive Surgical (ISRG) runs a 66.3% gross margin and a 30.5% operating margin, with a 28.2% net margin.
- Where do Intuitive Surgical's ratios come from?
- Every ratio is computed from Intuitive Surgical's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
