MASI vs. ISRG

Last updated Apr 1, 2026

Compare and contrast key facts about Masimo Corporation (MASI) and Intuitive Surgical, Inc. (ISRG).

Performance

MASI vs. ISRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Masimo Corporation (MASI) and Intuitive Surgical, Inc. (ISRG). The values are adjusted to include any dividend payments, if applicable.

MASI vs. ISRG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MASI Masimo Corporation	36.76%	-21.32%	41.03%	-20.78%	-49.47%	9.09%	69.80%	47.21%	26.62%	25.82%
ISRG Intuitive Surgical, Inc.	-18.60%	8.51%	54.72%	27.14%	-26.15%	31.76%	38.39%	23.43%	31.23%	72.64%

Fundamentals

Market Cap MASI : $9.64B ISRG : $166.14B
EPS MASI : -$2.78 ISRG : $7.89
PS Ratio MASI : 6.34 ISRG : 16.59
PB Ratio MASI : 13.37 ISRG : 9.32
Total Revenue (TTM) MASI : $1.53B ISRG : $10.06B
Gross Profit (TTM) MASI : $945.20M ISRG : $6.64B
EBITDA (TTM) MASI : $363.00M ISRG : $3.62B

Returns By Period

In the year-to-date period, MASI achieves a 36.76% return, which is significantly higher than ISRG's -18.60% return. Over the past 10 years, MASI has underperformed ISRG with an annualized return of 15.40%, while ISRG has yielded a comparatively higher 21.20% annualized return.

MASI

• 1D: 0.31%
• 1M: 1.44%
• YTD: 36.76%
• 6M: 20.55%
• 1Y: 6.76%
• 3Y*: -1.22%
• 5Y*: -5.31%
• 10Y*: 15.40%

ISRG

• 1D: 1.81%
• 1M: -8.44%
• YTD: -18.60%
• 6M: 3.08%
• 1Y: -6.92%
• 3Y*: 21.74%
• 5Y*: 13.09%
• 10Y*: 21.20%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MASI vs. ISRG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MASI

MASI Risk / Return Rank: 48
MASI Sharpe Ratio Rank: 47
MASI Sortino Ratio Rank: 47
MASI Omega Ratio Rank: 47
MASI Calmar Ratio Rank: 50
MASI Martin Ratio Rank: 49

ISRG

ISRG Risk / Return Rank: 32
ISRG Sharpe Ratio Rank: 33
ISRG Sortino Ratio Rank: 29
ISRG Omega Ratio Rank: 29
ISRG Calmar Ratio Rank: 34
ISRG Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MASI vs. ISRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Masimo Corporation (MASI) and Intuitive Surgical, Inc. (ISRG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MASI	ISRG	Difference
Sharpe ratio Return per unit of total volatility	0.13	-0.21	+0.34
Sortino ratio Return per unit of downside risk	0.67	-0.08	+0.74
Omega ratio Gain probability vs. loss probability	1.09	0.99	+0.10
Calmar ratio Return relative to maximum drawdown	0.34	-0.26	+0.60
Martin ratio Return relative to average drawdown	0.65	-0.49	+1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MASI vs. ISRG - Sharpe Ratio Comparison

The current MASI Sharpe Ratio is 0.13, which is higher than the ISRG Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of MASI and ISRG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MASI	ISRG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	-0.21	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.12	0.40	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.66	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.49	-0.14

Correlation

The correlation between MASI and ISRG is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MASI vs. ISRG - Dividend Comparison

Neither MASI nor ISRG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MASI vs. ISRG - Drawdown Comparison

The maximum MASI drawdown since its inception was -74.70%, smaller than the maximum ISRG drawdown of -82.26%. Use the drawdown chart below to compare losses from any high point for MASI and ISRG.

Drawdown Indicators

	MASI	ISRG	Difference
Max Drawdown Largest peak-to-trough decline	-74.70%	-82.26%	+7.56%
Max Drawdown (1Y) Largest decline over 1 year	-25.92%	-24.09%	-1.83%
Max Drawdown (5Y) Largest decline over 5 years	-74.70%	-49.90%	-24.80%
Max Drawdown (10Y) Largest decline over 10 years	-74.70%	-49.90%	-24.80%
Current Drawdown Current decline from peak	-41.35%	-24.48%	-16.87%
Average Drawdown Average peak-to-trough decline	-27.09%	-21.24%	-5.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.52%	12.78%	+0.74%

Volatility

MASI vs. ISRG - Volatility Comparison

The current volatility for Masimo Corporation (MASI) is 1.78%, while Intuitive Surgical, Inc. (ISRG) has a volatility of 6.47%. This indicates that MASI experiences smaller price fluctuations and is considered to be less risky than ISRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MASI	ISRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.78%	6.47%	-4.69%
Volatility (6M) Calculated over the trailing 6-month period	35.45%	22.11%	+13.34%
Volatility (1Y) Calculated over the trailing 1-year period	51.34%	33.82%	+17.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.02%	33.02%	+12.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.92%	32.10%	+5.82%

Financials

MASI vs. ISRG - Profitability Comparison

The chart below illustrates the profitability comparison between Masimo Corporation and Intuitive Surgical, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MASI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Masimo Corporation reported a gross profit of 247.30M and revenue of 412.50M. Therefore, the gross margin over that period was 60.0%.

ISRG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Intuitive Surgical, Inc. reported a gross profit of 1.90B and revenue of 2.87B. Therefore, the gross margin over that period was 66.4%.

MASI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Masimo Corporation reported an operating income of 83.90M and revenue of 412.50M, resulting in an operating margin of 20.3%.

ISRG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Intuitive Surgical, Inc. reported an operating income of 864.30M and revenue of 2.87B, resulting in an operating margin of 30.2%.

MASI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Masimo Corporation reported a net income of 68.30M and revenue of 412.50M, resulting in a net margin of 16.6%.

ISRG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Intuitive Surgical, Inc. reported a net income of 794.80M and revenue of 2.87B, resulting in a net margin of 27.7%.