Medical - Instruments & Supplies
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2 / 10Stock Comparison
ATRC vs IRTC
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Devices
ATRC vs IRTC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Medical - Devices |
| Market Cap | $1.42B | $3.87B |
| Revenue (TTM) | $552M | $788M |
| Net Income (TTM) | $-5M | $-28M |
| Gross Margin | 75.5% | 71.0% |
| Operating Margin | -0.4% | -3.3% |
| Forward P/E | 373.5x | — |
| Total Debt | $88M | $731M |
| Cash & Equiv. | $167M | $236M |
ATRC vs IRTC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| AtriCure, Inc. (ATRC) | 100 | 58.6 | -41.4% |
| iRhythm Technologie… (IRTC) | 100 | 94.7 | -5.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ATRC vs IRTC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ATRC carries the broadest edge in this set and is the clearest fit for value and quality.
- Better valuation composite
- -0.8% margin vs IRTC's -3.5%
- -6.2% vs IRTC's -12.9%
IRTC is the clearest fit if your priority is income & stability and growth exposure.
- beta 0.93
- Rev growth 26.2%, EPS growth 61.7%, 3Y rev CAGR 22.1%
- 351.8% 10Y total return vs ATRC's 100.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 26.2% revenue growth vs ATRC's 14.9% | |
| Value | Better valuation composite | |
| Quality / Margins | -0.8% margin vs IRTC's -3.5% | |
| Stability / Safety | Beta 0.93 vs ATRC's 1.03 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -6.2% vs IRTC's -12.9% | |
| Efficiency (ROA) | -0.7% ROA vs IRTC's -2.8%, ROIC -0.6% vs -5.2% |
ATRC vs IRTC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ATRC vs IRTC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ATRC leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IRTC and ATRC operate at a comparable scale, with $788M and $552M in trailing revenue. Profitability is closely matched — net margins range from -0.8% (ATRC) to -3.5% (IRTC). On growth, IRTC holds the edge at +25.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $552M | $788M |
| EBITDAEarnings before interest/tax | $13M | -$6M |
| Net IncomeAfter-tax profit | -$5M | -$28M |
| Free Cash FlowCash after capex | $54M | $19M |
| Gross MarginGross profit ÷ Revenue | +75.5% | +71.0% |
| Operating MarginEBIT ÷ Revenue | -0.4% | -3.3% |
| Net MarginNet income ÷ Revenue | -0.8% | -3.5% |
| FCF MarginFCF ÷ Revenue | +9.7% | +2.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +14.3% | +25.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +101.6% | +55.7% |
Valuation Metrics
ATRC leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.4B | $3.9B |
| Enterprise ValueMkt cap + debt − cash | $1.3B | $4.4B |
| Trailing P/EPrice ÷ TTM EPS | -116.71x | -84.68x |
| Forward P/EPrice ÷ next-FY EPS est. | 373.47x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 78.37x | — |
| Price / SalesMarket cap ÷ Revenue | 2.65x | 5.18x |
| Price / BookPrice ÷ Book value/share | 2.72x | 24.66x |
| Price / FCFMarket cap ÷ FCF | 29.37x | 112.01x |
Profitability & Efficiency
ATRC leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
ATRC delivers a -1.0% return on equity — every $100 of shareholder capital generates $-1 in annual profit, vs $-21 for IRTC. ATRC carries lower financial leverage with a 0.18x debt-to-equity ratio, signaling a more conservative balance sheet compared to IRTC's 4.79x. On the Piotroski fundamental quality scale (0–9), IRTC scores 6/9 vs ATRC's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -1.0% | -20.6% |
| ROA (TTM)Return on assets | -0.7% | -2.8% |
| ROICReturn on invested capital | -0.6% | -5.2% |
| ROCEReturn on capital employed | -0.6% | -4.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.18x | 4.79x |
| Net DebtTotal debt minus cash | -$79M | $495M |
| Cash & Equiv.Liquid assets | $167M | $236M |
| Total DebtShort + long-term debt | $88M | $731M |
| Interest CoverageEBIT ÷ Interest expense | 0.38x | -1.48x |
Total Returns (Dividends Reinvested)
IRTC leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IRTC five years ago would be worth $15,710 today (with dividends reinvested), compared to $3,604 for ATRC. Over the past 12 months, ATRC leads with a -6.2% total return vs IRTC's -12.9%. The 3-year compound annual growth rate (CAGR) favors IRTC at -2.6% vs ATRC's -16.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -28.7% | -32.8% |
| 1-Year ReturnPast 12 months | -6.2% | -12.9% |
| 3-Year ReturnCumulative with dividends | -41.4% | -7.7% |
| 5-Year ReturnCumulative with dividends | -64.0% | +57.1% |
| 10-Year ReturnCumulative with dividends | +100.6% | +351.8% |
| CAGR (3Y)Annualised 3-year return | -16.3% | -2.6% |
Risk & Volatility
Evenly matched — ATRC and IRTC each lead in 1 of 2 comparable metrics.
Risk & Volatility
IRTC is the less volatile stock with a 0.93 beta — it tends to amplify market swings less than ATRC's 1.03 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ATRC currently trades 64.9% from its 52-week high vs IRTC's 55.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.03x | 0.93x |
| 52-Week HighHighest price in past year | $43.18 | $212.00 |
| 52-Week LowLowest price in past year | $26.62 | $112.31 |
| % of 52W HighCurrent price vs 52-week peak | +64.9% | +55.5% |
| RSI (14)Momentum oscillator 0–100 | 53.1 | 44.6 |
| Avg Volume (50D)Average daily shares traded | 657K | 521K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates ATRC as "Buy" and IRTC as "Buy". Consensus price targets imply 80.9% upside for ATRC (target: $51) vs 64.5% for IRTC (target: $194).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $50.67 | $193.67 |
| # AnalystsCovering analysts | 19 | 19 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.8% | 0.0% |
ATRC leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). IRTC leads in 1 (Total Returns). 1 tied.
ATRC vs IRTC: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is ATRC or IRTC a better buy right now?
For growth investors, iRhythm Technologies, Inc.
(IRTC) is the stronger pick with 26. 2% revenue growth year-over-year, versus 14. 9% for AtriCure, Inc. (ATRC). Analysts rate AtriCure, Inc. (ATRC) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — ATRC or IRTC?
Over the past 5 years, iRhythm Technologies, Inc.
(IRTC) delivered a total return of +57. 1%, compared to -64. 0% for AtriCure, Inc. (ATRC). Over 10 years, the gap is even starker: IRTC returned +351. 8% versus ATRC's +100. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — ATRC or IRTC?
By beta (market sensitivity over 5 years), iRhythm Technologies, Inc.
(IRTC) is the lower-risk stock at 0. 93β versus AtriCure, Inc. 's 1. 03β — meaning ATRC is approximately 10% more volatile than IRTC relative to the S&P 500. On balance sheet safety, AtriCure, Inc. (ATRC) carries a lower debt/equity ratio of 18% versus 5% for iRhythm Technologies, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — ATRC or IRTC?
By revenue growth (latest reported year), iRhythm Technologies, Inc.
(IRTC) is pulling ahead at 26. 2% versus 14. 9% for AtriCure, Inc. (ATRC). On earnings-per-share growth, the picture is similar: AtriCure, Inc. grew EPS 74. 7% year-over-year, compared to 61. 7% for iRhythm Technologies, Inc.. Over a 3-year CAGR, IRTC leads at 22. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — ATRC or IRTC?
AtriCure, Inc.
(ATRC) is the more profitable company, earning -2. 1% net margin versus -6. 0% for iRhythm Technologies, Inc. — meaning it keeps -2. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ATRC leads at -0. 6% versus -4. 9% for IRTC. At the gross margin level — before operating expenses — ATRC leads at 74. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is ATRC or IRTC more undervalued right now?
Analyst consensus price targets imply the most upside for ATRC: 80.
9% to $50. 67.
07Which pays a better dividend — ATRC or IRTC?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is ATRC or IRTC better for a retirement portfolio?
For long-horizon retirement investors, iRhythm Technologies, Inc.
(IRTC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 93), +351. 8% 10Y return). Both have compounded well over 10 years (IRTC: +351. 8%, ATRC: +100. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between ATRC and IRTC?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: ATRC is a small-cap quality compounder stock; IRTC is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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