Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
84.74
+0.63 (0.75%)
Nov 21, 2024, 4:00 PM EST - Market closed

Medtronic Statistics

Total Valuation

Medtronic has a market cap or net worth of $108.68 billion. The enterprise value is $128.43 billion.

Market Cap 108.68B
Enterprise Value 128.43B

Important Dates

The last earnings date was Tuesday, November 19, 2024, before market open.

Earnings Date Nov 19, 2024
Ex-Dividend Date Sep 27, 2024

Share Statistics

Medtronic has 1.28 billion shares outstanding. The number of shares has decreased by -1.69% in one year.

Current Share Class 1.28B
Shares Outstanding 1.28B
Shares Change (YoY) -1.69%
Shares Change (QoQ) -0.74%
Owned by Insiders (%) 0.05%
Owned by Institutions (%) 85.54%
Float 1.28B

Valuation Ratios

The trailing PE ratio is 25.94 and the forward PE ratio is 14.87. Medtronic's PEG ratio is 2.64.

PE Ratio 25.94
Forward PE 14.87
PS Ratio 3.33
Forward PS 3.18
PB Ratio 2.22
P/TBV Ratio n/a
P/FCF Ratio 19.74
P/OCF Ratio 15.09
PEG Ratio 2.64
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.88, with an EV/FCF ratio of 23.35.

EV / Earnings 29.95
EV / Sales 3.89
EV / EBITDA 13.88
EV / EBIT 19.43
EV / FCF 23.35

Financial Position

The company has a current ratio of 1.84, with a Debt / Equity ratio of 0.58.

Current Ratio 1.84
Quick Ratio 1.17
Debt / Equity 0.58
Debt / EBITDA 2.97
Debt / FCF 5.15
Interest Coverage 8.63

Financial Efficiency

Return on equity (ROE) is 8.61% and return on invested capital (ROIC) is 5.37%.

Return on Equity (ROE) 8.61%
Return on Assets (ROA) 4.59%
Return on Capital (ROIC) 5.37%
Revenue Per Employee $347,326
Profits Per Employee $45,137
Employee Count 95,000
Asset Turnover 0.37
Inventory Turnover 2.03

Taxes

In the past 12 months, Medtronic has paid $831.00 million in taxes.

Income Tax 831.00M
Effective Tax Rate 16.12%

Stock Price Statistics

The stock price has increased by +12.63% in the last 52 weeks. The beta is 0.85, so Medtronic's price volatility has been lower than the market average.

Beta (5Y) 0.85
52-Week Price Change +12.63%
50-Day Moving Average 89.07
200-Day Moving Average 84.45
Relative Strength Index (RSI) 34.66
Average Volume (20 Days) 6,618,529

Short Selling Information

The latest short interest is 10.18 million, so 0.79% of the outstanding shares have been sold short.

Short Interest 10.18M
Short Previous Month 10.67M
Short % of Shares Out 0.79%
Short % of Float 0.79%
Short Ratio (days to cover) 2.19

Income Statement

In the last 12 months, Medtronic had revenue of $33.00 billion and earned $4.29 billion in profits. Earnings per share was $3.27.

Revenue 33.00B
Gross Profit 21.58B
Operating Income 6.61B
Pretax Income 4.81B
Net Income 4.29B
EBITDA 9.25B
EBIT 6.61B
Earnings Per Share (EPS) $3.27
Full Income Statement

Balance Sheet

The company has $7.99 billion in cash and $28.33 billion in debt, giving a net cash position of -$20.34 billion or -$15.86 per share.

Cash & Cash Equivalents 7.99B
Total Debt 28.33B
Net Cash -20.34B
Net Cash Per Share -$15.86
Equity (Book Value) 48.72B
Book Value Per Share 37.81
Working Capital 10.24B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $7.20 billion and capital expenditures -$1.70 billion, giving a free cash flow of $5.50 billion.

Operating Cash Flow 7.20B
Capital Expenditures -1.70B
Free Cash Flow 5.50B
FCF Per Share $4.29
Full Cash Flow Statement

Margins

Gross margin is 65.41%, with operating and profit margins of 20.04% and 13.00%.

Gross Margin 65.41%
Operating Margin 20.04%
Pretax Margin 15.62%
Profit Margin 13.00%
EBITDA Margin 28.04%
EBIT Margin 20.04%
FCF Margin 16.07%

Dividends & Yields

This stock pays an annual dividend of $2.80, which amounts to a dividend yield of 3.30%.

Dividend Per Share $2.80
Dividend Yield 3.30%
Dividend Growth (YoY) 1.46%
Years of Dividend Growth 48
Payout Ratio 85.73%
Buyback Yield 1.69%
Shareholder Yield 5.00%
Earnings Yield 3.95%
FCF Yield 5.07%
Dividend Details

Analyst Forecast

The average price target for Medtronic is $93.94, which is 10.86% higher than the current price. The consensus rating is "Hold".

Price Target $93.94
Price Target Difference 10.86%
Analyst Consensus Hold
Analyst Count 17
Revenue Growth Forecast (5Y) 4.85%
EPS Growth Forecast (5Y) 22.00%
Stock Forecasts

Stock Splits

The last stock split was on September 27, 1999. It was a forward split with a ratio of 2:1.

Last Split Date Sep 27, 1999
Split Type Forward
Split Ratio 2:1

Scores

Medtronic has an Altman Z-Score of 2.81 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.81
Piotroski F-Score 5