Eli Lilly vs Medtronic (LLY vs MDT)
Eli Lilly (LLY) vs Medtronic (MDT) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Eli Lilly (LLY) and Medtronic (MDT) compete in healthcare and pharma. Here are Eli Lilly and Medtronic side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Eli Lilly or Medtronic.
Eli Lilly vs Medtronic: the figures
| Figure | Eli Lilly | Medtronic |
|---|---|---|
| Share price | $1,417.99 (November 4, 2026) | $104.96 (November 4, 2026) |
| Market cap | $1.26 trillion | $134.3 billion |
| P/E (TTM) | 46.0x | 25.8x |
| Forward P/E | 28.3x | 16.4x |
| Revenue growth (quarter) | +38.6% | +13.7% |
| Net margin (TTM) | 31.9% | 13.9% |
| Net debt / EBITDA | 1.0x | 1.9x |
| Dividend yield | 0.49% | 2.91% |
| Beta | 0.39 | 0.57 |
Eli Lilly and Medtronic figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Eli Lilly or Medtronic figure is not available, and we never estimate it.
3 key differences between Eli Lilly and Medtronic
- Valuation: Eli Lilly trades at 46.0x its annual earnings and Medtronic at 25.8x; the market pays more for each dollar of Eli Lilly profit, usually because it expects more growth.
- Growth: Eli Lilly grew sales +38.6% year on year in its latest quarter, against +13.7% for Medtronic.
- Profitability: for every 100 of sales, Eli Lilly keeps 31.9 as net profit and Medtronic keeps 13.9.
Eli Lilly or Medtronic: which fits your profile
- If you want growth: Eli Lilly is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Medtronic pays the higher dividend relative to its price.
- If you prefer caution: Eli Lilly has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Medtronic trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Eli Lilly nor Medtronic wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Eli Lilly and Medtronic make money
Eli Lilly (LLY)
Eli Lilly sells prescription medicines. Its largest revenue source is tirzepatide, sold as Mounjaro for diabetes and Zepbound for obesity, followed by Verzenio for breast cancer, Jardiance and Trulicity for diabetes, Taltz for immunology and Kisunla for Alzheimer's disease. The United States is its biggest market. Full Eli Lilly analysis.
Medtronic (MDT)
Medtronic sells medical devices to hospitals around the world. Cardiovascular, its largest segment, includes pacemakers, defibrillators and heart valves. Neuroscience covers spine, neuromodulation and specialty therapies, Medical Surgical offers surgical tools and the Hugo robot, and Diabetes sells MiniMed insulin pumps and glucose monitoring systems. Full Medtronic analysis.
Frequently asked questions: Eli Lilly vs Medtronic
Is Eli Lilly or Medtronic the better stock?
Choosing between Eli Lilly and Medtronic depends on what you are looking for. Eli Lilly is growing faster right now, and Medtronic trades on the lower P/E. Fintols does not tell you whether to buy Eli Lilly or Medtronic: it shows you the differences so you can decide.
Which pays a higher dividend, Eli Lilly or Medtronic?
As of November 4, 2026, Medtronic yields 2.91% and Eli Lilly yields 0.49%. Also check how much of their profit Eli Lilly and Medtronic pay out: if it is more than they earn, it cannot last.
Which is more expensive, Eli Lilly or Medtronic?
On P/E, Eli Lilly (46.0x) is more expensive than Medtronic (25.8x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Eli Lilly and Medtronic?
Yes. Many people spread their money across several companies, such as Eli Lilly and Medtronic, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Eli Lilly or Medtronic.
More comparisons with Eli Lilly or Medtronic
More companies like Eli Lilly and Medtronic: healthcare and pharma stocks. Educational content about Eli Lilly and Medtronic, not investment advice.