Medtronic PLC MDT

88.64 0.13 0.15% as of 25 Sep
Market cap
$112.2B
P/E
21.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Medtronic PLC (MDT) EV/Sales

As of 25 September 2026, Medtronic PLC (MDT) trades at a EV/Sales of 3.5×. Over the past ten years it has ranged from 3.1× (June 2026) to 6.9× (April 2021); the current reading is higher than 3% of that period. That is above the Medical Devices industry median of 2.4× and in line with the Healthcare sector median of 3.6×.

EV/Sales, daily

Annual

Period EV/Sales Change
FY2026 3.4× (12.07%)
FY2025 3.8× 0.38%
FY2024 3.8× (12.98%)
FY2023 4.4× (8.55%)
FY2022 4.8× (24.62%)
FY2021 6.4× 27.11%
FY2020 5.0× 13.27%
FY2019 4.4× 7.42%
FY2018 4.1× (9.59%)
FY2017 4.6× 0.68%

Quarterly

Period EV/Sales Change
Jul 2026 3.4× 1.67%
Apr 2026 3.4× (21.04%)
Jan 2026 4.3× 8.23%
Oct 2025 3.9× (0.95%)
43 more quarters

Against its own ten years

Low 3.1× High 6.9×
Ten-year median 4.4×
Current reading's percentile 3

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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