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
Follow MDT
Alert me
Medtronic PLC (MDT) Free cash flow
Medtronic PLC's free cash flow for fiscal 2026 was $5.4B, unchanged from fiscal 2025. Over the twelve months to 31 July 2026 it was $6.1B. Over the past ten years it has ranged from $3.6B (fiscal 2018) to $6.0B (fiscal 2020); the current reading is higher than 67% of that period. Medtronic PLC ranks 2nd of 149 Medical Devices companies by free cash flow.
Free cash flow, annual
Embed this chart
Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2026 | $5.4B | 4.65% |
| FY2025 | $5.2B | (0.29%) |
| FY2024 | $5.2B | 13.54% |
| FY2023 | $4.6B | (23.39%) |
| FY2022 | $6.0B | 22.37% |
| FY2021 | $4.9B | (18.87%) |
| FY2020 | $6.0B | 2.52% |
| FY2019 | $5.9B | 62.42% |
| FY2018 | $3.6B | (35.73%) |
| FY2017 | $5.6B | 34.85% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jul 2026 | $1.3B | (38.13%) |
| Apr 2026 | $2.1B | (9.35%) |
| Jan 2026 | $2.3B | 403.28% |
| Oct 2025 | $457.0M | (21.75%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| ABT Abbott Laboratories compare | $7.8B |
| MDT Medtronic PLC | $6.1B |
| SYK Stryker Corporation compare | $4.4B |
| BSX Boston Scientific Corporation compare | $3.3B |
| PHG Koninklijke Philips N.V. compare | $2.1B |
| GEHC GE HealthCare Technologies Inc. compare | $1.9B |
| EW Edwards Lifesciences Corporation compare | $1.4B |
| STE STERIS plc compare | $1.3B |
| DXCM DexCom, Inc. compare | $1.1B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on MDT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement