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) 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 −19.7% and above the Healthcare sector median of −30.9%.

Return on assets, annual

Annual

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 14.5%
BSX Boston Scientific Corporation compare 8.47%
SYK Stryker Corporation compare 7.91%
STE STERIS plc compare 7.62%
EW Edwards Lifesciences Corporation compare 7.35%
MDT Medtronic PLC 5.68%
ABT Abbott Laboratories compare 5.62%
GEHC GE HealthCare Technologies Inc. compare 5.45%
PHG Koninklijke Philips N.V. compare 4.21%
Medical Devices industry median −19.7%
Healthcare sector median −30.9%
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 →

More on MDT