ISRG (Intuitive Surgical) 3-Year ROIIC % : 22.78% (As of Dec. 2025) — 41% Above Median


ISRG Intuitive Surgical Inc ISRG
95 GF Score
Price $427.30
GF Value $603.55
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Intuitive Surgical 3-Year ROIIC %?

Intuitive Surgical ISRG -1.28% 95 3-Year ROIIC % is 22.78 as of Dec. 2025, which is 41% above its 10-year median of 16.17. GuruFocus rates ISRG with a GF Score™ of 95/100 and a GF Value™ of $603.55 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 799 Medical Devices & Instruments companies, Intuitive Surgical ranks better than 71.84% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Intuitive Surgical's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Intuitive Surgical's 3-Year ROIIC % or its related term are showing as below:

ISRG's 3-Year ROIIC % is ranked better than
71.84% of 799 companies
in the Medical Devices & Instruments industry
Industry Median: 1.67 vs ISRG: 22.78

Intuitive Surgical  (NAS:ISRG) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Intuitive Surgical 3-Year ROIIC % Related Terms


Intuitive Surgical 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Intuitive Surgical's 3-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Intuitive Surgical 3-Year ROIIC % Chart

Intuitive Surgical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.69 2.59 18.65 7.66 22.78

Intuitive Surgical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 22.78 0.00

ISRG vs BDX, MDLN, RMD: 3-Year ROIIC % Comparison

For the Medical Instruments & Supplies subindustry, Intuitive Surgical's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intuitive Surgical 3-Year ROIIC % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Intuitive Surgical's 3-Year ROIIC % falls into.


ISRG
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Intuitive Surgical Inc ISRG
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Intuitive Surgical 3-Year ROIIC % Calculation

Intuitive Surgical's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2558.75585 (Dec. 2025) - 1319.55957 (Dec. 2022) )/( 13672.7 (Dec. 2025) - 8232.9 (Dec. 2022) )
=1239.19628/5439.8
=22.78%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 22.78 mean?
Intuitive Surgical (ISRG) has a 3-Year ROIIC % of 22.78 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Intuitive Surgical and its competitors. This is 41% above median its historical median of 16.17. Over the past decade, Intuitive Surgical's 3-Year ROIIC % has ranged from 2.59 to 38.18. According to the industry distribution chart, Intuitive Surgical ranks #225 out of 799 companies in the Medical Devices & Instruments industry, placing it in the top 28.2%.
Is Intuitive Surgical's 3-Year ROIIC % too high?
Intuitive Surgical's current 3-Year ROIIC % of 22.78 is 41% above median its 10-year median of 16.17. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 38.18. The Medical Devices & Instruments industry median 3-Year ROIIC % is 1.67. Intuitive Surgical's value of 22.78 is 1264.1% above this industry median. Based on the distribution chart, Intuitive Surgical ranks #225 out of 799 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Intuitive Surgical has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intuitive Surgical's 3-Year ROIIC % compare to BDX and MDLN?
According to the Medical Devices & Instruments industry distribution chart, Intuitive Surgical ranks #225 out of 799 companies for 3-Year ROIIC %. This puts Intuitive Surgical in the upper half of its industry. The industry median 3-Year ROIIC % is 1.67. Intuitive Surgical's value of 22.78 is 1264.1% above this benchmark. Historically, Intuitive Surgical's own 3-Year ROIIC % has ranged from 2.59 to 38.18 over the past decade. While the company's 10-year median is 16.17 vs. the industry median of 1.67, Intuitive Surgical has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Medical Devices & Instruments company?
The median 3-Year ROIIC % among Medical Devices & Instruments companies is 1.67, based on 799 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intuitive Surgical's current 3-Year ROIIC % of 22.78 is 1264.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Intuitive Surgical and its competitors. For the Medical Devices & Instruments industry, the median 3-Year ROIIC % is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intuitive Surgical's current 3-Year ROIIC % is 22.78, which is 41% above median its own 10-year median of 16.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intuitive Surgical stock overvalued right now?
Based on GuruFocus' analysis, Intuitive Surgical (ISRG) is currently considered Modestly Undervalued. The stock's GF Value™ is $603.55, compared to a current price of $427.30 — trading 29.2% below its estimated fair value. The current 3-Year ROIIC % is 22.78, which is 41% above median its 10-year median of 16.17 and 1264.1% above the Medical Devices & Instruments industry median of 1.67. Intuitive Surgical's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Intuitive Surgical (ISRG), the current 3-Year ROIIC % is 22.78 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Intuitive Surgical (ISRG) Overvalued in 2026?

Based on GuruFocus' analysis, Intuitive Surgical stock appears to be undervalued. The current stock price of $427.30 is trading 29.2% below its estimated GF Value™ of $603.55. GuruFocus considers Intuitive Surgical to be Modestly Undervalued.

Key valuation signals for ISRG:

  • 3-Year ROIIC %: 22.78 (41% above median its 10-year median of 16.17)
  • GF Value™: $603.55 vs. price of $427.30 (29.2% below fair value)
  • GF Score™: 95/100 with 1 warning sign
  • Industry Position: 1264.1% above the Medical Devices & Instruments median (#225 of 799)

No single metric tells the full story. See the ISRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intuitive Surgical Business Description

Address 1020 Kifer Road, Sunnyvale, CA, USA, 94086
Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.
95GF Score

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3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$427.30
Price
$603.55
GF Value