Medtronic PLC

MDT Healthcare Medical Devices

Medtronic PLC’s revenue for fiscal 2026 (year ended April 2026) was $36.4 billion, up 8.43% from fiscal 2025. In the quarter to July 2026, revenue grew 13.7%, EPS grew 42.0%, free cash flow grew 120.9% and total debt fell 1.59%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.

94.75 0.70 −0.73%
Market cap
$122.1B
P/E
23.2×
Fwd P/E
18.7×
Dividend yield
3.02%
F-score
7/9
Altman Z
2.73
Beneish M
−2.58
Dividend safety
61/100
Older periods Oct '25 Jan '26 Apr '26 Jul '26
P/E ratio

+8 more quarters

24.45 28.61 21.65 20.93
P/S ratio
3.35 3.71 2.85 2.91
P/FCF ratio
22.34 24.35 19.13 17.82
P/Operating CF
125.71 48.01 40.34 60.95
P/B ratio
2.38 2.68 2.07 2.15
Price to Tangible BV
0.00 0.00 0.00 0.00
EV/Sales
3.94 4.27 3.37 3.43
EV/EBITDA
14.85 16.62 13.00 13.23
EV/Operating CF
19.27 20.79 16.72 16.01
EV/FCF
26.33 27.99 22.58 20.97
Quick Ratio
1.48 1.55 1.36 1.29
Current Ratio
2.42 2.54 2.13 2.07
Net Debt/EBITDA
8.55 8.90 7.24 7.76
Debt/Assets
31.86% 30.68% 30.06% 30.17%
Debt/Equity
0.60 0.57 0.56 0.55
Asset Turnover
0.38 0.39 0.39 0.41
Operating CF/Net income
0.67 2.40 2.07 1.22
Capex/Depreciation
(0.63) (0.59) (0.68) (0.69)
Interest Coverage
9.31 8.08 10.58 9.48
Research and Development Expense of Revenue
8.41% 8.01% 6.84% 7.90%
Selling, General and Administrative Expense of Revenue
33.09% 32.78% 31.17% 32.78%
Intangible Assets out of Total Assets
0.58 0.57 0.57 0.57
Share Based Compensation of Revenue
2.03% 1.04% 0.97% 1.28%
Graham Net Nets
(0.16) (0.14) (0.18) (0.17)
Graham Number
56.40 55.66 57.33 60.39
Earnings Yield
4.09% 3.50% 4.62% 4.78%
Free Cash Flow Yield
4.48% 4.11% 5.23% 5.61%
Revenue per Share
6.99 7.03 7.65 7.62
Operating CF per Share
0.72 2.14 2.01 1.40
Capex per Share
(0.37) (0.35) (0.38) (0.39)
Free Cash Flow per Share
0.36 1.79 1.63 1.01
Cash per Share
6.50 6.54 7.19 6.89
Shareholders Equity per Share
38.11 38.36 39.06 39.73
Interest Debt per Share
0.00 0.00 0.00 0.00
Book value per Share
38.11 38.36 39.06 39.73
Free Cash Flow
457.00 2,300.00 2,085.00 1,290.00
Working Capital
14,061.00 14,576.00 13,129.00 12,591.00
Capital Expenditures
(468.00) (444.00) (488.00) (503.00)
Net Current Asset Value
(18,493.00) (18,218.00) (18,169.00) (18,066.00)
EV/EBIT
22.06 25.11 18.95 18.95
Capex to Sales
0.05 0.05 0.05 0.05
Price to Operating Income
18.72 21.85 16.05 16.10
Other line items
Average Receivables
6,324.50 6,237.00 6,579.00 6,310.00
Average Payables
2,478.50 2,427.50 2,546.50 2,625.00
Average Inventory
5,817.50 5,959.50 5,713.50 6,050.50
Average Assets
90,694.00 90,729.00 92,354.00 92,139.00
Average Common Equity
48,785.50 49,406.00 49,164.50 49,492.00

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Columns are period end dates