TTM
26.8%
YoY change
+9.14pp
Trough year (1999)
-165.4%
Peak year (2016)
36.6%
Latest annual
24.7%
FCF Margin history chart for Intuitive Surgical (ISRG) from 1999 to 2025
Latest: 24.7%
FCF Margin change chart for Intuitive Surgical (ISRG) from 1999 to 2025
Latest: +9.14pp
FCF Margin history table for Intuitive Surgical (ISRG) from 1999 to 2025
| 2025 | 24.7% | +9.14pp | ||
| 2024 | 15.6% | +5.09pp | ||
| 2023 | 10.5% | -4.88pp | ||
| 2022 | 15.4% | -15.00pp | ||
| 2021 | 30.4% | +4.17pp | ||
| 2020 | 26.2% | +0.05pp | ||
| 2019 | 26.2% | -0.19pp | ||
| 2018 | 26.4% | -4.09pp | ||
| 2017 | 30.5% | -6.11pp | ||
| 2016 | 36.6% | +7.59pp | ||
| 2015 | 29.0% | +2.73pp | ||
| 2014 | 26.2% | -7.99pp | ||
| 2013 | 34.2% | +3.37pp | ||
| 2012 | 30.9% | -2.98pp | ||
| 2011 | 33.8% | +3.27pp | ||
| 2010 | 30.6% | -0.95pp | ||
| 2009 | 31.5% | +11.83pp | ||
| 2008 | 19.7% | -10.55pp | ||
| 2007 | 30.2% | +8.29pp | ||
| 2006 | 21.9% | +4.03pp | ||
| 2005 | 17.9% | +12.24pp | ||
| 2004 | 5.7% | +17.00pp | ||
| 2003 | -11.3% | +16.36pp | ||
| 2002 | -27.7% | +18.92pp | ||
| 2001 | -46.6% | +14.84pp | ||
| 2000 | -61.4% | +103.96pp | ||
| 1999 | -165.4% | — |
- 202524.7%+9.14pp
- 202415.6%+5.09pp
- 202310.5%-4.88pp
- 202215.4%-15.00pp
- 202130.4%+4.17pp
- 202026.2%+0.05pp
- 201926.2%-0.19pp
- 201826.4%-4.09pp
- 201730.5%-6.11pp
- 201636.6%+7.59pp
- 201529.0%+2.73pp
- 201426.2%-7.99pp
- 201334.2%+3.37pp
- 201230.9%-2.98pp
- 201133.8%+3.27pp
- 201030.6%-0.95pp
- 200931.5%+11.83pp
- 200819.7%-10.55pp
- 200730.2%+8.29pp
- 200621.9%+4.03pp
- 200517.9%+12.24pp
- 20045.7%+17.00pp
- 2003-11.3%+16.36pp
- 2002-27.7%+18.92pp
- 2001-46.6%+14.84pp
- 2000-61.4%+103.96pp
- 1999-165.4%—
FCF Margin values are taken from Intuitive Surgical's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Intuitive Surgical (ISRG)
According to Intuitive Surgical's latest reported financial statements, the company's latest reported free cash flow margin is 26.8%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Intuitive Surgical (ISRG) free cash flow margin totalled 24.75% – expanded 9.1 percentage points year-over-year.
36.57% stands as the all-time-high annual free cash flow margin, posted in 2016, against a low of -165.40% during 1999.
Intuitive Surgical FCF Margin by Year
Intuitive Surgical FCF Margin 2025: 24.7%
Intuitive Surgical free cash flow margin in 2025 was 24.75%, expanded 9.1 percentage points from 2024.
Intuitive Surgical FCF Margin 2024: 15.6%
2024's free cash flow margin for Intuitive Surgical came in at 15.61%, expanded 5.1 percentage points from 2023.
Intuitive Surgical FCF Margin 2023: 10.5%
Intuitive Surgical posted free cash flow margin of 10.52% in 2023, contracted 4.9 percentage points from 2022.
Intuitive Surgical FCF Margin 2022: 15.4%
In 2022, Intuitive Surgical reported free cash flow margin of 15.40%, contracted 15.0 percentage points from 2021.
Intuitive Surgical FCF Margin 2021: 30.4%
Intuitive Surgical free cash flow margin in 2021 was 30.40%.
See more financial history for Intuitive Surgical (ISRG).
Sector peers by FCF Margin
Healthcare peers of Intuitive Surgical (ISRG), ranked by their latest free cash flow margin
| 33.2% | |
| 23.1% | |
| 21.5% | |
| 18.8% | |
| 18.4% | |
| 15.1% | |
| 9.4% | |
| 4.4% |
- 33.2%
- 23.1%
- 21.5%
- 18.8%
- 15.1%
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