Pricing Log in Create free account
Friday 6 November 2026 Export MDT’s income statement to Excel — free account

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.

Revenue
+13.7%
EPS
+42.0%
Free cash flow
+120.9%
Total debt
−1.59%

Quarter to July 2026, against a year earlier

101.77 3.07 −2.93%
Market cap
$134.1B
P/E
25.6×
Fwd P/E
20.8×
Dividend yield
2.74%
F-score
7/9
Altman Z
2.73
Beneish M
−2.58
Dividend safety
61/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Medtronic PLC (MDT) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Medtronic PLC (MDT) trades at a EV/EBITDA of 15.7×. Over the past ten years it has ranged from 12.0× (June 2026) to 32.7× (April 2021); the current reading is higher than 42% of that period. That is above the Medical Devices industry median of 11.5× and above the Healthcare sector median of 8.4×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2026 13.0× (10.80%)
FY2025 14.6× (8.07%)
FY2024 15.9× (5.29%)
FY2023 16.7× (6.81%)
FY2022 18.0× (32.63%)
FY2021 26.7× 37.34%
FY2020 19.4× 28.36%
FY2019 15.1× 13.96%
FY2018 13.3× (18.51%)
FY2017 16.3× 2.62%

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 13.2× 1.72%
Apr 2026 13.0× (21.76%)
Jan 2026 16.6× 11.91%
Oct 2025 14.9× (1.10%)
43 more quarters

Against its own ten years

Low 12.0× High 32.7×
Ten-year median 16.1×
Current reading's percentile 42

EV/EBITDA against peers

Company EV/EBITDA
PHG Koninklijke Philips N.V. compare 11.1×
GEHC GE HealthCare Technologies Inc. compare 13.2×
BSX Boston Scientific Corporation compare 14.0×
STE STERIS plc compare 15.7×
MDT Medtronic PLC 15.7×
ABT Abbott Laboratories compare 20.8×
SYK Stryker Corporation compare 21.0×
DXCM DexCom, Inc. compare 21.2×
EW Edwards Lifesciences Corporation compare 34.0×
Medical Devices industry median 11.5×
Healthcare sector median 8.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on MDT