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%-3.1pp | 266.1%-1.7pp | 267.5%+0.9pp | 268.1%+1.9pp | 268.4%+2.2pp | |
| Operating margin | 117.8%+9.5pp | 115.6%+10.2pp | 114.4%+12.3pp | 111.4%+10.9pp | 108.3%+9.3pp | |
| Net margin | 113.6%+1.2pp | 113.9%+2.8pp | 113.3%+4.8pp | 113.2%+11.1pp | 112.4%+16.5pp | |
| Returns | ||||||
| Return on equity | 66.8%+3.6pp | 65.5%+2.4pp | 64.5%+2.2pp | 63.5%+4.6pp | 63.3%+8.2pp | |
| Efficiency | ||||||
| Asset turnover | 2.1×+0.1× | 2×0.0× | 2×0.0× | 2×0.0× | 2×0.0× | |
| Liquidity | ||||||
| Current ratio | 19.4×+0.9× | 19.7×+0.7× | 18.9×-0.8× | 18.5×-2.2× | 18.5×-2.3× | |
| Per Share | ||||||
| Book value per share | $193.52+9.9% | $191.87+14.3% | $188.12+17.8% | $184.29+21.5% | $176.02+22.1% | |
| Valuation | ||||||
| Market capitalization | $712.3B+2.4% | $726.02B+10.0% | $711.16B+20.0% | $725.41B+39.3% | $695.72B+44.1% | |
| Price / earnings | 255.5×-49.4× | 272.2×-32.2× | 282×-8.5× | 301.4×+21.1× | 304.9×+15.9× | |
| Price / sales | 72.6×-13.0× | 77.5×-7.1× | 79.8×+0.8× | 85.3×+13.5× | 85.6×+16.7× | |
| Price / book | 40.6×-3.0× | 41.6×-1.8× | 41.7×+0.7× | 43.4×+5.4× | 43.6×+6.3× |
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.
