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

102.14 2.70 −2.58%
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

Medtronic PLC (MDT) Return on assets

Alert me on Return on assets

Medtronic PLC's return on assets over the twelve months to 31 July 2026 was 5.68%, up 0.5 percentage points from fiscal 2026 (5.20%). Over the past ten years it has ranged from 3.25% (fiscal 2018) to 5.48% (fiscal 2022); the current reading is higher than 83% of that period. That is above the Medical Devices industry median of −17.3% and above the Healthcare sector median of −29.3%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2026 5.20% 0.07
FY2025 5.13% 1.07
FY2024 4.06% (0.07)
FY2023 4.13% (1.35)
FY2022 5.48% 1.56
FY2021 3.92% (1.39)
FY2020 5.31% 0.20
FY2019 5.11% 1.86
FY2018 3.25% (0.79)
FY2017 4.04% 0.61

Against its own ten years

Low 3.25% High 5.48%
Ten-year median 4.10%
Current reading's percentile 83

Return on assets against peers

Company Return on assets
DXCM DexCom, Inc. compare 14.4%
BSX Boston Scientific Corporation compare 7.94%
STE STERIS plc compare 7.83%
SYK Stryker Corporation compare 7.68%
EW Edwards Lifesciences Corporation compare 7.45%
GEHC GE HealthCare Technologies Inc. compare 5.78%
MDT Medtronic PLC 5.68%
PHG Koninklijke Philips N.V. compare 3.49%
ABT Abbott Laboratories compare 0.00%
Medical Devices industry median −17.3%
Healthcare sector median −29.3%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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