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 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 −15.3% and above the Healthcare sector median of −32.0%.

Return on equity, annual

Annual

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 38.5%
GEHC GE HealthCare Technologies Inc. compare 19.2%
SYK Stryker Corporation compare 16.5%
BSX Boston Scientific Corporation compare 15.4%
STE STERIS plc compare 11.4%
ABT Abbott Laboratories compare 10.6%
MDT Medtronic PLC 10.6%
PHG Koninklijke Philips N.V. compare 10.2%
EW Edwards Lifesciences Corporation compare 9.42%
Medical Devices industry median −15.3%
Healthcare sector median −32.0%
Market median 1.76%

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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