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) P/S ratio

As of 25 September 2026, Medtronic PLC (MDT) trades at a P/S ratio of 3.0×. Over the past ten years it has ranged from 2.6× (June 2026) to 6.3× (April 2021); the current reading is higher than 3% of that period. That is above the Medical Devices industry median of 2.7× and below the Healthcare sector median of 3.8×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2026 2.9× (12.16%)
FY2025 3.2× (1.29%)
FY2024 3.3× (14.76%)
FY2023 3.9× (11.63%)
FY2022 4.4× (25.26%)
FY2021 5.8× 29.14%
FY2020 4.5× 15.69%
FY2019 3.9× 7.82%
FY2018 3.6× (6.62%)
FY2017 3.9× 0.19%

Quarterly

Period P/S ratio Change
Jul 2026 2.9× 1.99%
Apr 2026 2.9× (23.12%)
Jan 2026 3.7× 10.98%
Oct 2025 3.3× (1.07%)
43 more quarters

Against its own ten years

Low 2.6× High 6.3×
Ten-year median 3.9×
Current reading's percentile 3

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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