Incyte Corporation vs Medtronic PLC — how do they compare? Incyte Corporation trades at $115.7 (market cap $23.11B), while Medtronic PLC trades at $82.79 (market cap $106.61B). The key difference: Medtronic PLC is far larger — about 4.6× Incyte Corporation's market cap, and Medtronic PLC pays a 3.46% dividend while Incyte Corporation pays none. Which is the better fit depends on your goals.
| INCY | MDT | |
|---|---|---|
Market Cap | $23.11B | $106.61B |
Sector | Health | Health |
52-Week High | $118.52 | $105.35 |
52-Week Low | $67.38 | $73.75 |
Enterprise Value | $19.13B | $125.36B |
Dividend Yield | — | 3.46% |
Trailing returns across standard periods
Latest headlines on both assets
Incyte focuses on the discovery and development of small-molecule drugs. The firm's lead drug, Jakafi, treats two types of rare blood cancer and graft versus host disease and is partnered with Novartis. Incyte's other marketed drugs include rheumatoid arthritis treatment Olumiant (licensed to Lilly), and oncology drugs Iclusig (chronic myeloid leukemia), Pemazyre (cholangiocarcinoma), Tabrecta (lung cancer), and Monjuvi (diffuse large B-cell lymphoma). The firm's first dermatology product, Opzelura, was approved in 2021 for atopic dermatitis. Incyte's pipeline includes a broad array of oncology and dermatology programs.
Read more on INCY →One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for almost 50% of the company's total sales.
Read more on MDT →