Medtronic plc
Medtronic plc
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Financial Statements
Values in Millions ($) | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,949 | 1,147 | 1,282 | 1,273 | 2,218 | 1,240 | 1,394 | 1,311 | 1,284 | 1,623 | 1,311 | 1,339 | |||||
Short Term Investments | 7,271 | 7,236 | 7,045 | 6,848 | 6,747 | 6,682 | 6,595 | 6,532 | 6,721 | 6,698 | 6,423 | 6,537 | |||||
Accounts Receivable Net Current | 6,643 | 6,359 | 6,389 | 6,263 | 6,515 | 6,115 | 6,260 | 6,011 | 6,128 | 5,968 | 5,934 | 5,806 | |||||
Inventory Net | 5,951 | 6,309 | 6,156 | 5,886 | 5,476 | 5,610 | 5,479 | 5,414 | 5,217 | 5,726 | 5,754 | 5,668 | |||||
Other Assets Current | 2,972 | 3,020 | 3,124 | 2,952 | 2,858 | 2,865 | 2,710 | 2,679 | 2,584 | 2,499 | 2,658 | 2,518 | |||||
Assets Current | 24,787 | 24,071 | 23,996 | 23,223 | 23,814 | 22,513 | 22,438 | 21,947 | 21,935 | 22,513 | 22,081 | 21,869 | |||||
Property Plant And Equipment Net | 7,417 | 7,179 | 7,164 | 7,006 | 6,837 | 6,593 | 6,438 | 6,282 | 6,131 | 5,838 | 5,735 | 5,665 | |||||
Goodwill | 42,587 | 41,892 | 41,811 | 42,007 | 41,737 | 40,819 | 41,161 | 41,084 | 40,986 | 41,160 | 40,821 | 41,436 | |||||
Intangible Assets Net Excluding Goodwill | 10,146 | 10,335 | 10,770 | 11,223 | 11,667 | 12,184 | 12,423 | 12,819 | 13,225 | 13,690 | 14,060 | 14,434 | |||||
Deferred Income Tax Assets Net | 3,943 | 3,967 | 3,857 | 3,929 | 4,040 | 3,614 | 3,572 | 3,554 | 3,657 | 3,599 | 3,428 | 3,461 | |||||
Other Assets Noncurrent | 4,147 | 4,041 | 3,748 | 3,585 | 3,584 | 4,250 | 4,009 | 4,062 | 4,047 | 4,036 | 3,962 | 3,912 | |||||
Assets | 93,028 | 91,485 | 91,346 | 90,972 | 91,680 | 89,973 | 90,042 | 89,749 | 89,981 | 90,836 | 90,087 | 90,776 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Debt Current | 1,788 | 191 | 1,420 | 2,430 | 2,874 | 2,622 | 3,719 | 1,553 | 1,092 | 1,029 | 1,339 | 519 | |||||
Accounts Payable Current | 2,644 | 2,569 | 2,581 | 2,555 | 2,449 | 2,286 | 2,376 | 2,291 | 2,410 | 1,992 | 2,174 | 2,239 | |||||
Deferred Compensation Liability Current | 2,678 | 2,581 | 2,130 | 2,017 | 2,514 | 2,281 | 1,893 | 1,776 | 2,375 | 2,174 | 1,758 | 1,695 | |||||
Accrued Income Taxes Current | 914 | 650 | 650 | 933 | 1,358 | 1,125 | 947 | 1,063 | 1,330 | 1,109 | 1,088 | 1,013 | |||||
Other Liabilities Current | 3,634 | 3,504 | 3,153 | 3,596 | 3,683 | 3,526 | 3,260 | 3,604 | 3,582 | 3,488 | 3,299 | 3,581 | |||||
Liabilities Current | 11,658 | 9,495 | 9,935 | 11,530 | 12,879 | 11,840 | 12,195 | 10,287 | 10,789 | 9,793 | 9,659 | 9,047 | |||||
Long Term Debt And Capital Lease Obligations | 26,173 | 27,880 | 27,680 | 26,179 | 25,642 | 23,985 | 24,607 | 26,312 | 23,932 | 24,153 | 23,741 | 24,463 | |||||
Pension And Other Postretirement Defined Benefit P… | 1,193 | 1,191 | 1,184 | 1,179 | 1,158 | 1,063 | 1,084 | 1,107 | 1,101 | 1,049 | 1,020 | 1,092 | |||||
Accrued Income Taxes Noncurrent | 1,515 | 1,587 | 1,539 | 1,722 | 1,574 | 1,485 | 1,432 | 1,917 | 1,859 | 1,821 | 1,777 | 2,407 | |||||
Deferred Income Tax Liabilities Net | 362 | 365 | 386 | 416 | 403 | 452 | 473 | 496 | 515 | 615 | 686 | 687 | |||||
Other Liabilities Noncurrent | 2,055 | 1,770 | 1,764 | 1,813 | 1,769 | 1,533 | 1,534 | 1,470 | 1,365 | 1,410 | 1,556 | 1,715 | |||||
Liabilities | 42,956 | 42,289 | 42,489 | 42,839 | 43,424 | 40,358 | 41,326 | 41,589 | 39,561 | 38,840 | 38,440 | 39,410 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital | 20,926 | 21,012 | 20,857 | 20,891 | 20,833 | 20,910 | 20,824 | 20,810 | 23,129 | 24,589 | 24,580 | 24,587 | |||||
Retained Earnings Accumulated Deficit | 32,638 | 32,303 | 32,070 | 31,606 | 31,476 | 31,317 | 30,919 | 30,547 | 30,403 | 30,661 | 30,256 | 30,265 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -4,101 | -4,330 | -4,275 | -4,604 | -4,284 | -2,839 | -3,250 | -3,410 | -3,318 | -3,459 | -3,377 | -3,674 | |||||
Stockholders Equity | 49,463 | 49,196 | 48,857 | 48,133 | 48,024 | 49,387 | 48,494 | 48,160 | 50,420 | 51,996 | 51,460 | 51,366 | |||||
Minority Interest | 609 | 211 | 204 | 240 | 232 | 228 | 222 | 213 | 206 | 204 | 187 | 188 | |||||
Liabilities And Stockholders Equity | 93,028 | 91,485 | 91,346 | 90,972 | 91,680 | 89,973 | 90,042 | 89,749 | 89,981 | 90,836 | 90,087 | 90,776 | |||||
Allowance For Doubtful Accounts Receivable Current | 190 | 207 | 200 | 204 | 199 | 204 | 195 | 170 | 173 | 180 | 177 | 190 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | 2,600 | |||||
Common Stock Shares Issued | 1,280 | 1,283 | 1,282 | 1,282 | 1,282 | 1,283 | 1,283 | 1,282 | 1,311 | 1,330 | 1,330 | 1,330 | |||||
Shares Outstanding | 1,280 | 1,283 | 1,282 | 1,282 | 1,282 | 1,283 | 1,283 | 1,282 | 1,311 | 1,330 | 1,330 | 1,330 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.15% | 4.69% | 4.79% | -6.38% | -7.48% | -4.87% | -10.95% | -10.19% | -20.65% | 6.66% | - | - |
| 2025 | 0.61% | 4.69% | -0.65% | -5.43% | 3.69% | 9.26% | -0.17% | -7.99% | -3.71% | 5.01% | 8.47% | 8.49% |
| 2024 | -0.67% | -10.04% | -7.49% | 4.21% | 10.02% | 7.39% | -0.09% | -4.42% | 3.33% | -1.90% | 3.24% | 13.12% |
| 2023 | - | - | - | - | - | - | - | - | - | 0.27% | -4.53% | -8.52% |
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Performance and Valuation Metrics
Metrics | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.13 | 2.54 | 2.42 | 2.01 | 1.85 | 1.90 | 1.84 | 2.13 | 2.03 | 2.30 | 2.29 | 2.42 | |||||
| Quick Ratio | 1.62 | 1.87 | 1.80 | 1.50 | 1.42 | 1.43 | 1.39 | 1.61 | 1.55 | 1.71 | 1.69 | 1.79 | |||||
| Working Capital | 13.13B | 14.58B | 14.06B | 11.69B | 10.94B | 10.67B | 10.24B | 11.66B | 11.15B | 12.72B | 12.42B | 12.82B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.86 | 0.86 | 0.87 | 0.89 | 0.90 | 0.82 | 0.85 | 0.86 | 0.78 | 0.75 | 0.75 | 0.77 | |||||
| Interest Coverage TTM | 9.04 | 8.47 | 8.75 | 8.30 | 8.17 | 7.35 | 7.05 | 6.98 | 7.15 | 8.04 | 8.16 | 9.08 | |||||
| Debt Ratio | 0.46 | 0.46 | 0.47 | 0.47 | 0.47 | 0.45 | 0.46 | 0.46 | 0.44 | 0.43 | 0.43 | 0.43 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.39 | 0.39 | 0.38 | 0.38 | 0.37 | 0.37 | 0.37 | 0.36 | 0.36 | 0.35 | 0.35 | 0.35 | |||||
| Days Sales Outstanding TTM | 66.04 | 64.16 | 66.41 | 65.50 | 68.80 | 66.42 | 67.44 | 66.20 | 68.38 | 66.94 | 66.02 | 64.27 | |||||
| Receivables Turnover TTM | 5.53 | 5.69 | 5.50 | 5.57 | 5.31 | 5.50 | 5.41 | 5.51 | 5.34 | 5.45 | 5.53 | 5.68 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 3.73 | 3.57 | 3.69 | 3.62 | 3.61 | 3.32 | 3.33 | 3.02 | 2.76 | 3.16 | 3.08 | 2.72 | |||||
| Free Cash Flow Per Share TTM | 4.23 | 4.22 | 4.06 | 4.14 | 4.03 | 4.26 | 4.29 | 3.98 | 3.92 | 3.71 | 3.04 | 3.34 | |||||
| Dividend Per Share TTM | 2.84 | 2.83 | 2.82 | 2.81 | 2.79 | 2.81 | 2.83 | 2.82 | 2.76 | 2.75 | 2.74 | 2.73 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 65.02% | 64.86% | 65.51% | 65.29% | 65.32% | 65.27% | 65.04% | 65.16% | 65.34% | 65.50% | 65.40% | 65.68% | |||||
| Operating Profit Margin TTM | 17.78% | 17.00% | 17.88% | 17.90% | 17.76% | 16.78% | 16.39% | 15.82% | 15.89% | 17.50% | 17.41% | 17.83% | |||||
| Net Profit Margin TTM | 13.20% | 12.97% | 13.68% | 13.63% | 13.90% | 12.86% | 13.00% | 12.04% | 11.36% | 13.00% | 12.84% | 11.49% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 8.43% | 6.88% | 5.34% | 4.98% | 3.62% | 2.72% | 3.25% | 3.23% | 3.64% | 5.03% | 3.73% | 1.57% | |||||
| Net Income Growth (1Y) | 2.98% | 7.82% | 10.91% | 18.85% | 26.82% | 1.59% | 4.53% | 8.14% | -2.18% | 3.29% | -5.24% | -30.34% | |||||
| EPS Growth (1Y) | 3.29% | 7.81% | 10.95% | 19.93% | 30.98% | 5.34% | 8.43% | 11.25% | -2.03% | 3.33% | -5.30% | -30.39% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 21.42 | 28.20 | 23.86 | 24.04 | 22.45 | 26.00 | 25.22 | 24.83 | 26.93 | 25.53 | 20.91 | 29.18 | |||||
| P/B TTM | 2.05 | 2.64 | 2.32 | 2.33 | 2.17 | 2.25 | 2.23 | 2.02 | 1.96 | 2.06 | 1.67 | 2.06 | |||||
| P/S TTM | 2.83 | 3.66 | 3.26 | 3.28 | 3.12 | 3.34 | 3.28 | 2.99 | 3.06 | 3.32 | 2.68 | 3.35 | |||||
| Market Cap | 102.86B | 129.82B | 113.47B | 112.01B | 104.67B | 110.99B | 108.14B | 97.38B | 98.98B | 107.26B | 85.77B | 105.80B | |||||
| Enterprise Value | 128.87B | 156.74B | 141.29B | 139.35B | 130.96B | 136.36B | 135.07B | 123.93B | 122.72B | 130.82B | 109.54B | 129.44B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 5.43B | 5.41B | 5.21B | 5.30B | 5.19B | 5.47B | 5.50B | 5.15B | 5.20B | 4.93B | 4.05B | 4.44B | |||||
| Net Debt | 26.01B | 26.92B | 27.82B | 27.34B | 26.30B | 25.37B | 26.93B | 26.55B | 23.74B | 23.56B | 23.77B | 23.64B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Institutional Ownership
Medtronic plc (MDT) — SEC Financial Statements & Analysis
Medtronic plc (MDT) is a electromedical & electrotherapeutic apparatus company. Medtronic plc trades on NYSE as: MDT. Based on its latest SEC filing (Form 10-Q, period ending 2026-04-30), Medtronic plc reported a 8.43% year-over-year revenue growth, a Gross Profit Margin of 65.02% (TTM), a Debt-to-Equity ratio of 0.86x, a Price-to-Sales (P/S) ratio of 2.83x (TTM), a Price-to-Book (P/B) ratio of 2.05 (TTM), at a market cap of $102.86B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 8.43%
- Gross Profit Margin TTM
- 65.02%
- Debt To Equity
- 0.86x
- P/S TTM
- 2.83x
- P/B TTM
- 2.05
- Market Cap
- $102.86B
Data as of 2026-04-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Medtronic plc in?
Medtronic plc (MDT) operates in the Electromedical & Electrotherapeutic Apparatus industry.
What is MDT's market cap?
Medtronic plc (MDT) has a market capitalization of $102.86B as of 2026-04-30.
What is MDT's P/E ratio?
Medtronic plc (MDT)'s trailing twelve month P/E ratio is 21.42x as of 2026-04-30.
What exchange does MDT trade on?
Medtronic plc (MDT) trades on the NYSE.