Medtronic PLC MDT
- Market cap
- $112.2B
- P/E
- 21.7×
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Medtronic PLC (MDT) Return on invested capital
Medtronic PLC's return on invested capital over the twelve months to 31 July 2026 was 6.04%, up 0.2 percentage points from fiscal 2026 (5.87%). Over the past ten years it has ranged from 3.37% (fiscal 2015) to 6.35% (fiscal 2018); the current reading is higher than 83% of that period. That is above the Medical Devices industry median of −10.3% and above the Healthcare sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 5.87% | 0.38 |
| FY2025 | 5.49% | 0.72 |
| FY2024 | 4.77% | (0.27) |
| FY2023 | 5.04% | (0.39) |
| FY2022 | 5.43% | 1.26 |
| FY2021 | 4.17% | (0.46) |
| FY2020 | 4.63% | (1.33) |
| FY2019 | 5.96% | (0.39) |
| FY2018 | 6.35% | 1.55 |
| FY2017 | 4.80% | 0.05 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| DXCM DexCom, Inc. compare | 37.1% |
| EW Edwards Lifesciences Corporation compare | 12.8% |
| SYK Stryker Corporation compare | 9.76% |
| GEHC GE HealthCare Technologies Inc. compare | 8.37% |
| STE STERIS plc compare | 8.27% |
| BSX Boston Scientific Corporation compare | 6.96% |
| PHG Koninklijke Philips N.V. compare | 6.69% |
| MDT Medtronic PLC | 6.04% |
| ABT Abbott Laboratories compare | 5.83% |
| Medical Devices industry median | −10.3% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on MDT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement