Medtronic plc

Medtronic plc

MDT
Medtronic plcUS flagNew York Stock Exchange
93.10
USD
+0.92
- -
119.17BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
16.97
18.49
20.45
21.55
22.08
22.7
21.57
22.39
23.6
23.48
24.38
26.09
- -
28.37
Basic EPS, GAAP
3.06
2.44
2.51
2.92
2.29
3.44
3.57
2.68
3.75
2.83
2.77
3.63
- -
3.75
Free Cash Flow per Basic Share
4.55
3.95
2.96
4.08
2.67
4.36
4.49
3.63
4.45
3.44
3.92
4.03
- -
4.23
Dividend per Share
1.11
1.22
1.52
1.72
1.84
2
2.16
2.32
2.52
2.72
2.76
2.79
- -
2.84
Book Value per Share
19.46
37.44
37.21
36.66
37.45
37.36
37.83
38.23
39.49
38.69
38.29
37.46
38.64
38.64
Tangible Book Value per Share
6.57
-10.83
-11.68
-8.55
-7.79
-7.78
-6.09
-6.15
-2.66
-3.6
-3.05
-4.2
-2.55
-2.55
Basic Weighted Avg Shares
1,002
1,096
1,410
1,379
1,357
1,346
1,341
1,345
1,342
1,330
1,328
1,286
- -
1,282
Sales/Revenue/Turnover
17,005
20,261
28,833
29,710
29,953
30,557
28,913
30,117
31,686
31,227
32,364
33,537
36,364
36,363
Operating Margin (%)
28.33
22.49
20.67
20.15
20.14
21.7
18.06
16.25
18.65
18.67
17.06
19.5
18.78
18.77
Depreciation Expense
850
1,306
2,820
2,917
2,644
2,659
2,663
2,702
2,707
2,697
2,647
2,861
2,958
2,958
Net Income, GAAP
3,065
2,675
3,538
4,028
3,104
4,631
4,789
3,606
5,039
3,758
3,676
4,662
4,801
4,801
Effective Tax Rate (%)
17.27
23.26
18.4
12.56
45.46
10.53
- -
6.8
8.27
29.46
23.42
16.63
21.17
21.17
Profit Margin (%)
18.02
13.2
12.27
13.56
10.36
15.16
16.56
11.97
15.9
12.03
11.36
13.9
13.2
13.2
Working Capital
15,651
21,671
16,435
10,609
12,896
13,495
11,665
14,039
10,665
12,624
11,146
10,935
13,129
13,129
LT Debt
10,259
33,673
30,020
25,881
23,705
24,477
22,021
26,378
20,372
24,344
23,932
25,642
26,173
26,173
Total Equity
19,443
53,230
52,063
50,330
50,822
50,212
50,872
51,602
52,722
51,665
50,420
48,256
50,072
50,072
Return on Invested Capital (%)
13.14
5.75
5.6
6.24
4.07
7.74
- -
5.92
6.97
5.34
5.51
7.06
6.87
6.87
Return on Capital (%)
11.15
5.28
5.42
5.98
4.66
7.76
- -
5.78
7.14
5.47
5.54
6.89
6.88
6.88
Return on Common Equity (%)
16.08
7.36
6.72
7.88
6.15
9.19
9.5
7.06
9.69
7.22
7.23
9.49
9.85
9.85

Capital Structure

FRC

in mil. unless spec.
Oct'26
Jan'26
Apr'26
ST Debt
1,420
191
1,788
LT Borrowings
27,625
27,822
26,119
LT Finance Leases
55
58
54
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,282
1,283
1,280
Market Capitalization
116,276
132,135
103,656

Working Capital

FRC

in mil. unless spec.
Oct'26
Jan'26
Apr'26
Total Current Assets
23,996
24,071
24,787
Cash, Cash Equivalents & STI
8,327
8,383
9,220
Accounts Receivable, Net
6,389
6,359
6,643
Inventories
6,156
6,309
5,951
Total Current Liabilities
9,935
9,495
11,658
Payables & Accruals
6,384
6,723
7,192
ST Debt
1,420
191
1,788
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.36%
-0.55%
3.76%
Free Cash Flow
6.21%
3.38%
4.65%
Net Income, GAAP
6.07%
8.39%
2.98%
Sales/Revenue/Turnover
2.41%
3.89%
8.43%
Total Cash Common Dividend
5.53%
3.2%
1.39%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,702
7,984
8,089
8,589
32,364
2025
7,915
8,403
8,292
8,927
33,537
2026
8,578
8,961
9,017
9,807
36,364

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.59
0.68
0.99
0.49
2.77
2025
0.81
0.99
1.01
0.82
3.63
2026
0.81
1.07
0.89
0.97
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.69
0.69
0.69
0.69
2.76
2025
0.69
0.7
0.7
0.7
2.79
2026
0.71
0.71
0.71
0.71
- -

Company Description

CEO
Geoffrey Straub Martha
Full Time Employees
95,000
Sector
Healthcare
Industry
Medical - Devices
Address
Building Two, Parkmore Business Park West Galway GA Ireland H91 4K49
IPO Date
May 2, 1973
Business
Medtronic plc (NYSE: MDT) develops, manufactures, and markets a wide range of medical devices and therapies for the treatment of chronic diseases worldwide. The company offers products across four main segments: cardiovascular (including pacemakers, defibrillators, heart valves, and coronary stents under brands such as Evera, Protecta, and CoreValve); medical surgical (featuring surgical navigation systems, endoscopic tools, and stapling devices like Hugo RAS and Valiant NaviCore); neuroscience (encompassing spinal cord stimulators, deep brain stimulation systems, and intrathecal drug delivery pumps such as Incepta and SynchroMed II); and diabetes (primarily continuous glucose monitoring systems, insulin pumps, and related software through the MiniMed and Guardian brands). Medtronic provides services including patient management software, remote monitoring platforms, and clinical decision support tools to healthcare providers, hospitals, clinics, and patients globally. Founded in 1949 and headquartered in Dublin, Ireland, with principal executive offices in Minneapolis, Minnesota, USA, Medtronic operates in more than 150 countries, serving markets in North America, Europe, Asia-Pacific, Latin America, and the Middle East through direct sales forces, distributors, and subsidiaries. The company targets physicians, hospitals, ambulatory surgery centers, and home care settings, with a focus on minimally invasive therapies and digital health solutions. Key subsidiaries include Covidien (acquired in 2015 for surgical and patient monitoring products) and Intersect ENT (recently integrated for sinus implants). In the past 1-2 years, Medtronic has pursued strategic expansions including the FDA approval and U.S. launch of the Hugo robotic-assisted surgery (RAS) system in 2024 for soft tissue indications, building on its European CE Mark; a multi-year collaboration with NVIDIA announced in 2024 to advance AI-enabled therapies using Medtronic's Gigamon data platform; and the acquisition of Mazor Robotics in 2018 followed by ongoing enhancements to its spinal robotics portfolio with the Mazor X Stealth Edition. The company completed a $4.1 billion acquisition of Covidien assets integration and reported expansions in diabetes care via the Simplera Sync sensor FDA clearance in 2024. Medtronic also announced organizational realignments in 2025 to streamline its four operating units amid portfolio optimization efforts.

Company News

  • Why Medtronic (MDT) is a Top Momentum Stock for the Long-Term

  • MDT Q1 Earnings Call Focuses on Broad Growth, Raised Guidance

  • Why Medtronic (MDT) is a Top Growth Stock for the Long-Term

  • Medtronic Analysts Raise Their Forecasts After Upbeat Q1 Earnings

  • Společnost Cornerstone Robotics oznamuje strategické partnerství se společností Medtronic s cílem rozšířit globální dostupnost roboticky asistované chirurgie

  • Cornerstone Robotics ogłasza strategiczne partnerstwo z Medtronic mające na celu zwiększenie dostępu do chirurgii robotycznej na świecie

  • Medtronic CEO Martha on beating estimates in Q1: Driven by growth across many of our businesses

  • Medtronic plc (MDT) Q1 2027 Earnings Call Transcript

  • Medtronic's Stars Are Aligning for a Price Recovery

  • Wall Street Retreats as Bond Yields Resume Surge

  • Medtronic Q1 Earnings & Revenues Top Estimates, Stock Up in Pre-Market

  • Here's What Key Metrics Tell Us About Medtronic (MDT) Q1 Earnings

  • Medtronic Q1 Earnings Call Highlights

  • Dow Dips Over 300 Points; Medtronic Shares Gain After Upbeat Q1 Earnings

  • Medtronic (MDT) Q1 Earnings and Revenues Top Estimates

  • Medtronic Lifts Outlook, Invests Over $700 Million in Heart Tech & Robotics

  • Medtronic Stock Rises on Better-Than-Expected Earnings and $700 Million Investment in a Robot Surgeon

  • Medtronic boosts fiscal 2027 forecasts on heart device demand

  • Medtronic reports first quarter fiscal 2027 results; delivers broad-based portfolio performance and raises fiscal 2027 guidance

  • Medtronic Announces Strategic Partnership with Cornerstone Robotics to Further Expand Global Access to Robotic-Assisted Surgery