AI-assembled from public SEC filings
Medical devices and instruments peer review
Descriptive comparison assembled from public SEC filings and verified companyfacts.
Descriptive comparison — not investment advice. This feature-specific review is assembled from a frozen evidence pack of public SEC filing quotes and verified SEC companyfacts numbers. It is descriptive only and makes no judgment about which company is better. It is not a rating, recommendation, endorsement, forecast, or investment advice. Figures are as of their cited filing dates. See Disclaimer.
Methodology
The cluster is selected mechanically from public SEC SIC 3841 companies already present in grepcent's processed universe, sorted by latest reported revenue. The SIC pool includes pure-play devices and diversified instrument companies; those differences are disclosed rather than normalized away. The review publishes no proprietary index-membership labels.
Verified Quantitative Matrix
Numbers are templated from frozen SEC companyfacts-derived facts already verified by grepcent. Fiscal periods and filing dates are shown in each cell; code-computed comparisons below only use calendar-aligned periods.
| Metric | MDLN | SYK | MMM | BDX | BSX | BAX | SOLV | RMD | DXCM | WST | GMED | PODD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28,432,000,000 source · NUM_MDLN_REVENUE_FY2025 | 25,116,000,000 source · NUM_SYK_REVENUE_FY2025 | 24,948,000,000 source · NUM_MMM_REVENUE_FY2025 | 21,840,000,000 source · NUM_BDX_REVENUE_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 20,074,000,000 source · NUM_BSX_REVENUE_FY2025 | 11,244,000,000 source · NUM_BAX_REVENUE_FY2025 | 8,325,000,000 source · NUM_SOLV_REVENUE_FY2025 | 5,146,327,000 source · NUM_RMD_REVENUE_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 4,662,000,000 source · NUM_DXCM_REVENUE_FY2025 | 3,074,100,000 source · NUM_WST_REVENUE_FY2025 | 2,938,931,000 source · NUM_GMED_REVENUE_FY2025 | 2,708,100,000 source · NUM_PODD_REVENUE_FY2025 |
| Net margin | 4.08% source · NUM_MDLN_NET_MARGIN_FY2025 | 12.92% source · NUM_SYK_NET_MARGIN_FY2025 | 13.03% source · NUM_MMM_NET_MARGIN_FY2025 | 7.68% source · NUM_BDX_NET_MARGIN_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 14.41% source · NUM_BSX_NET_MARGIN_FY2025 | -8.51% source · NUM_BAX_NET_MARGIN_FY2025 | 18.69% source · NUM_SOLV_NET_MARGIN_FY2025 | 27.22% source · NUM_RMD_NET_MARGIN_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 17.94% source · NUM_DXCM_NET_MARGIN_FY2025 | 16.06% source · NUM_WST_NET_MARGIN_FY2025 | 18.30% source · NUM_GMED_NET_MARGIN_FY2025 | 9.12% source · NUM_PODD_NET_MARGIN_FY2025 |
| Operating margin | 7.78% source · NUM_MDLN_OPERATING_MARGIN_FY2025 | 19.47% source · NUM_SYK_OPERATING_MARGIN_FY2025 | 18.55% source · NUM_MMM_OPERATING_MARGIN_FY2025 | 11.81% source · NUM_BDX_OPERATING_MARGIN_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 18.00% source · NUM_BSX_OPERATING_MARGIN_FY2025 | -2.74% source · NUM_BAX_OPERATING_MARGIN_FY2025 | 26.20% source · NUM_SOLV_OPERATING_MARGIN_FY2025 | 32.75% source · NUM_RMD_OPERATING_MARGIN_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 19.56% source · NUM_DXCM_OPERATING_MARGIN_FY2025 | 19.03% source · NUM_WST_OPERATING_MARGIN_FY2025 | 16.33% source · NUM_GMED_OPERATING_MARGIN_FY2025 | 17.50% source · NUM_PODD_OPERATING_MARGIN_FY2025 |
| Free cash flow | 1,297,000,000 source · NUM_MDLN_FREE_CASH_FLOW_FY2025 | 4,283,000,000 source · NUM_SYK_FREE_CASH_FLOW_FY2025 | 1,396,000,000 source · NUM_MMM_FREE_CASH_FLOW_FY2025 | 2,670,000,000 source · NUM_BDX_FREE_CASH_FLOW_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 3,658,000,000 source · NUM_BSX_FREE_CASH_FLOW_FY2025 | 332,000,000 source · NUM_BAX_FREE_CASH_FLOW_FY2025 | -10,000,000 source · NUM_SOLV_FREE_CASH_FLOW_FY2025 | 1,661,723,000 source · NUM_RMD_FREE_CASH_FLOW_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 1,077,200,000 source · NUM_DXCM_FREE_CASH_FLOW_FY2025 | 468,900,000 source · NUM_WST_FREE_CASH_FLOW_FY2025 | 588,768,000 source · NUM_GMED_FREE_CASH_FLOW_FY2025 | 377,700,000 source · NUM_PODD_FREE_CASH_FLOW_FY2025 |
| Capital expenditures | 447,000,000 source · NUM_MDLN_CAPEX_FY2025 | 761,000,000 source · NUM_SYK_CAPEX_FY2025 | 910,000,000 source · NUM_MMM_CAPEX_FY2025 | 760,000,000 source · NUM_BDX_CAPEX_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 876,000,000 source · NUM_BSX_CAPEX_FY2025 | 513,000,000 source · NUM_BAX_CAPEX_FY2025 | 379,000,000 source · NUM_SOLV_CAPEX_FY2025 | 89,865,000 source · NUM_RMD_CAPEX_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 363,500,000 source · NUM_DXCM_CAPEX_FY2025 | 285,900,000 source · NUM_WST_CAPEX_FY2025 | 164,679,000 source · NUM_GMED_CAPEX_FY2025 | 191,600,000 source · NUM_PODD_CAPEX_FY2025 |
| Dividends paid | Not available. | 1,284,000,000 source · NUM_SYK_DIVIDENDS_PAID_FY2025 | 1,562,000,000 source · NUM_MMM_DIVIDENDS_PAID_FY2025 | 1,196,000,000 source · NUM_BDX_DIVIDENDS_PAID_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 0.00 source · NUM_BSX_DIVIDENDS_PAID_FY2024 Non-aligned period: 2024-Q4; row majority 2025-Q4. | 348,000,000 source · NUM_BAX_DIVIDENDS_PAID_FY2025 | Not available. | 310,880,000 source · NUM_RMD_DIVIDENDS_PAID_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | Not available. | 61,200,000 source · NUM_WST_DIVIDENDS_PAID_FY2025 | Not available. | Not available. |
| Share buybacks | 33,000,000 source · NUM_MDLN_SHARE_BUYBACKS_FY2025 | Not available. | 3,251,000,000 source · NUM_MMM_SHARE_BUYBACKS_FY2025 | 1,000,000,000 source · NUM_BDX_SHARE_BUYBACKS_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | Not available. | 0.00 source · NUM_BAX_SHARE_BUYBACKS_FY2024 Non-aligned period: 2024-Q4; row majority 2025-Q4. | Not available. | 300,025,000 source · NUM_RMD_SHARE_BUYBACKS_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 500,000,000 source · NUM_DXCM_SHARE_BUYBACKS_FY2025 | 134,000,000 source · NUM_WST_SHARE_BUYBACKS_FY2025 | 300,451,000 source · NUM_GMED_SHARE_BUYBACKS_FY2025 | 59,600,000 source · NUM_PODD_SHARE_BUYBACKS_FY2025 |
| Assets | 38,484,000,000 source · NUM_MDLN_ASSETS_FY2025 | 47,844,000,000 source · NUM_SYK_ASSETS_FY2025 | 37,733,000,000 source · NUM_MMM_ASSETS_FY2025 | 55,325,000,000 source · NUM_BDX_ASSETS_FY2025 Non-aligned period: 2025-Q3; row majority 2025-Q4. | 43,673,000,000 source · NUM_BSX_ASSETS_FY2025 | 20,055,000,000 source · NUM_BAX_ASSETS_FY2025 | 14,294,000,000 source · NUM_SOLV_ASSETS_FY2025 | 8,174,391,000 source · NUM_RMD_ASSETS_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 6,339,900,000 source · NUM_DXCM_ASSETS_FY2025 | 4,270,000,000 source · NUM_WST_ASSETS_FY2025 | 5,302,761,000 source · NUM_GMED_ASSETS_FY2025 | 3,190,400,000 source · NUM_PODD_ASSETS_FY2025 |
| Liabilities / equity | 1.79 source · NUM_MDLN_LIABILITIES_TO_EQUITY_FY2025 | 1.13 source · NUM_SYK_LIABILITIES_TO_EQUITY_FY2025 | 7.02 source · NUM_MMM_LIABILITIES_TO_EQUITY_FY2025 | Not available. | Not available. | 2.28 source · NUM_BAX_LIABILITIES_TO_EQUITY_FY2025 | 1.83 source · NUM_SOLV_LIABILITIES_TO_EQUITY_FY2025 | 0.37 source · NUM_RMD_LIABILITIES_TO_EQUITY_FY2025 Non-aligned period: 2025-Q2; row majority 2025-Q4. | 1.31 source · NUM_DXCM_LIABILITIES_TO_EQUITY_FY2025 | 0.34 source · NUM_WST_LIABILITIES_TO_EQUITY_FY2025 | 0.16 source · NUM_GMED_LIABILITIES_TO_EQUITY_FY2025 | 1.11 source · NUM_PODD_LIABILITIES_TO_EQUITY_FY2025 |
Code-computed comparisons
- Latest reported revenue range: range endpoints are PODD (2,708,100,000) and MDLN (28,432,000,000).
- Reported net margin range: range endpoints are BAX (-8.51%) and SOLV (18.69%).
Market-risk companion: risk and factor comparison from lmfin. It is descriptive and separate from the SEC fundamentals review.
Narrative Matrix
| Dimension | MDLN | SYK | MMM | BDX | BSX | BAX | SOLV | RMD | DXCM | WST | GMED | PODD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business model | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. |
| Geographic and customer exposure | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. |
| Capital allocation | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. |
| Stated strategy in filings | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. |
| Idiosyncratic risks in filings | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. |
| Recent narrative change | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. | Quarantined: no direct dimension-relevant quote survived the gate. |
Gate summary
Quarantined quantitative rows
- No quantitative metric rows quarantined.
Quarantined dimensions
- business_model: No verified cells survived the gate.
- geographic_customer_exposure: No verified cells survived the gate.
- capital_allocation: No verified cells survived the gate.
- stated_strategy: No verified cells survived the gate.
- idiosyncratic_risks: No verified cells survived the gate.
- recent_narrative_change: No verified cells survived the gate.
Quarantined cells
- MDLN / business_model: No direct dimension-relevant quote survived the evidence gate.
- SYK / business_model: No direct dimension-relevant quote survived the evidence gate.
- MMM / business_model: No direct dimension-relevant quote survived the evidence gate.
- BDX / business_model: No direct dimension-relevant quote survived the evidence gate.
- BSX / business_model: No direct dimension-relevant quote survived the evidence gate.
- BAX / business_model: No direct dimension-relevant quote survived the evidence gate.
- SOLV / business_model: No direct dimension-relevant quote survived the evidence gate.
- RMD / business_model: No direct dimension-relevant quote survived the evidence gate.
- DXCM / business_model: No direct dimension-relevant quote survived the evidence gate.
- WST / business_model: No direct dimension-relevant quote survived the evidence gate.
- GMED / business_model: No direct dimension-relevant quote survived the evidence gate.
- PODD / business_model: No direct dimension-relevant quote survived the evidence gate.
- MDLN / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- SYK / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- MMM / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- BDX / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- BSX / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- BAX / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- SOLV / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- RMD / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- DXCM / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- WST / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- GMED / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
- PODD / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.