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 equity

Alert me on Return on equity

Medtronic PLC's return on equity over the twelve months to 31 July 2026 was 10.6%, up 0.8 percentage points from fiscal 2026 (9.77%). Over the past ten years it has ranged from 6.14% (fiscal 2018) to 9.77% (fiscal 2026) — the current reading is the highest in ten years. That is above the Medical Devices industry median of −10.4% and above the Healthcare sector median of −26.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2026 9.77% 0.32
FY2025 9.45% 2.25
FY2024 7.20% 0.00
FY2023 7.20% (2.46)
FY2022 9.66% 2.62
FY2021 7.04% (2.44)
FY2020 9.48% 0.31
FY2019 9.17% 3.03
FY2018 6.14% (1.73)
FY2017 7.87% 1.15

Against its own ten years

Low 6.14% High 9.77%
Ten-year median 7.62%
Current reading's percentile 100

Return on equity against peers

Company Return on equity
DXCM DexCom, Inc. compare 37.7%
GEHC GE HealthCare Technologies Inc. compare 19.9%
SYK Stryker Corporation compare 16.0%
BSX Boston Scientific Corporation compare 14.2%
STE STERIS plc compare 11.6%
MDT Medtronic PLC 10.6%
EW Edwards Lifesciences Corporation compare 9.65%
PHG Koninklijke Philips N.V. compare 8.54%
ABT Abbott Laboratories compare 0.00%
Medical Devices industry median −10.4%
Healthcare sector median −26.3%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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