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Medtronic plc

MDT · NYQ
$89.30-1.62%
52W Low: $73.3152W High: $106.33
Current: $89.30  ·  48% of 52-week range
HealthcareMedical DevicesNYQ
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Medtronic plc (MDT) is a healthcare company in the medical devices industry with $37.54B in trailing revenue trading at a 22.4× trailing P/E — analyst consensus: buy.

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. It operates through three segments: The Cardiovascular Portfolio, Neuroscience Portfolio, and Medical Surgical Portfolio. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves, left atrial appendage exclusion systems, extracorporeal membrane oxygenation (ECMO) systems and percutaneous coronary intervention products, percutaneous angioplasty balloons, and endovenous products. The Neuroscience Portfolio segment offers medical devices and implants, biologic solutions, spinal cord stimulation and brain modulation systems, implantable drug infusion systems, and interventional products, as well as nerve ablation system under the Accurian name. This segment offers its products for spinal surgeons, neurosurgeons, neurologists, pain management specialists, anesthesiologists, orthopedic surgeons, urologists, urogynecologists, and interventional radiologists, as well as ear, nose, and throat specialists, and energy surgical instruments. The Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure and electrosurgery products, AI-powered surgical video and analytics platform, robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology products, gastrointestinal and hepatologic diagnostics and therapies, and therapies to treat diseases and conditions, and patient monitoring and airway management products, as well as insulin pumps and consumables, continuous glucose monitoring systems, and sensors. Medtronic plc was founded in 1949 and is headquartered in Galway, Ireland.

Key Statistics

Market Cap$114.23B
Revenue (TTM)$37.54B
EPS (TTM)$3.99
EPS (Fwd est.)$6.41
Employees95,000
Trailing P/E22.38
Forward P/E13.94
PEG Ratio1.63
Price / Sales3.04
Price / Book2.28
EV / EBITDA12.89
Beta (5Y)0.57

Analyst Consensus

Consensus
Buy
Analyst Price Target
+17.4% upside
Target: $104.83

Annual Revenue & Net Income

RevenueNet Income
'23
$31.23B
$3.76B
'24
$32.36B
$3.68B
'25
$33.54B
$4.66B
'26
$36.36B
$4.80B

Earnings History


QuarterActual EPSEstimateResult
Sep 2026
$1.45
$1.39Beat (+4.5%)
Jun 2026
$1.55
$1.54Beat (+0.6%)
Feb 2026
$1.36
$1.34Beat (+1.9%)
Nov 2025
$1.36
$1.31Beat (+3.5%)

Next Earnings Report

Medtronic plc is next expected to report earnings on 17 Nov 2026.

Profitability

65.3%
19.3%
13.9%
Gross
Margin
Operating
Margin
Net
Margin
Revenue Growth (YoY)13.7%
Return on Equity10.6%
Return on Assets5.1%

Balance Sheet

Cash & Equivalents$8.82B
Total Debt$28.15B
Net Position$19.33B (net debt)
Free Cash Flow (TTM)$5.41B
Debt / Equity55.37

Share Ownership

Institutions 88.7%
Insiders 0.4%
Public 10.9%

Dividend

Annual Rate
$2.88
Yield
3.17%
Payout Ratio
70.2%
Ex-Dividend Date
25 Sep 2026
5Y Avg Yield
3.08%

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Frequently Asked Questions

What does Medtronic plc (MDT) do?
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. It operates through three segments: The Cardiovascular Portfolio, Neuroscience Portfolio, and Medical Surgical Portfolio. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverte…
What is MDT's market cap?
Medtronic plc has a market capitalization of approximately $114.23B.
What is MDT's P/E ratio?
Medtronic plc trades at a trailing P/E ratio of 22.4x and a forward P/E of 13.9x, which is below the broad market average of ~25x.
How much revenue does MDT generate?
Medtronic plc generated $37.54B in trailing 12-month revenue.
What do analysts say about MDT?
The analyst consensus rating for Medtronic plc is buy, with a mean price target of $104.83. That implies +17.4% upside from the current price.
When does MDT report earnings?
Medtronic plc is next scheduled to report earnings on 17 Nov 2026.
Does MDT pay a dividend?
Yes. Medtronic plc pays a dividend with a current yield of 3.17%, at an annual rate of $2.88 per share.

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