Medical device stocks with the highest free cash flow yield

Ranked

13

of 30 medical device stocks we cover

Median

4.0%

Highest

9.1%

CNMD

Range

0.4% to 9.1%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	CNMDCONMED	9.1%	26.6×	+3.4%	$1.5B
2	ZBHZimmer Biomet	8.1%	24.0×	+8.6%	$18.8B
3	BSXBoston Scientific	5.5%	18.5×	+13.5%	$66.2B
4	MDTMedtronic	5.0%	23.4×	+9.8%	$122B
5	GEHCGE HealthCare Technologies	4.9%	16.4×	+6.5%	$32.3B
6	DXCMDexCom	4.8%	30.9×	+15.5%	$29.4B
7	SYKStryker	4.0%	31.8×	+8.5%	$117.8B
8	ELMDElectromed	3.8%	20.1×	+15.3%	$220.6M
9	LIVNLivaNova	3.3%	23.9×	+12.4%	$4.5B
10	TMDXTransMedics	3.2%	18.4×	+25.8%	$2.5B
11	EWEdwards Lifesciences	2.8%	51.2×	+14.6%	$51.3B
12	ITGRInteger	2.6%	34.6×	+2.7%	$4.3B
13	AXGNAxogen	0.4%	n/m	+23.6%	$2B

Not ranked: 11 with no positive free cash flow, 2 with not a meaningful number. 4 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.