Medtronic plc (MDT)
NYSE: MDT · Real-Time Price · USD
99.29
+2.75 (2.85%)
At close: Nov 2, 2026, 4:00 PM EST
98.68
-0.61 (-0.61%)
After-hours: Nov 2, 2026, 4:31 PM EST

Medtronic Financials Overview

Millions USD. Fiscal year is May - Apr.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Revenue
37,54236,36433,53732,36431,22731,686
Revenue Growth
9.77%8.43%3.62%3.64%-1.45%5.21%
Gross Profit
24,50423,74921,93121,27320,60521,658
Operating Income
7,5457,2666,3346,8305,5696,847
Net Income
5,2314,8014,6623,6763,7585,039
Earnings Per Share
4.063.733.612.762.823.73
EPS Growth
12.12%3.32%30.80%-2.13%-24.40%40.23%

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cardiac Rhythm & Heart Failure
8,0097,5046,3925,9955,7835,852
Structural Heart & Aortic
-3,8173,5543,3583,3633,055
Coronary & Peripheral Vascular
-2,6562,5352,4782,3752,460
Cranial & Spinal Technologies
5,3775,2224,9734,7564,4514,456
Specialty Therapies
3,0692,9972,9402,9052,8152,592
Neuromodulation
2,1032,0681,9321,7461,6931,735
Surgical & Endoscopy
6,8936,7646,4986,5086,1526,543
Acute Care & Monitoring
2,1192,0511,9091,9081,8371,926
Diabetes
3,2333,1122,7552,4882,2622,338
Other Segment
13017448221495727
Revenue (Total)
37,54136,36433,53732,36431,22731,686

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Cash & Investments
8,9829,3508,9828,0338,07410,637
Total Debt
28,15329,14929,62626,04725,41324,984
Net Cash (Debt)
-19,171-19,799-20,644-18,014-17,339-14,347
Net Cash Growth
------
Net Cash Per Share
-14.89-15.37-16.00-13.54-13.01-10.62

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Operating Cash Flow
8,0357,3307,0446,7876,0397,346
Capital Expenditures
-1,903-1,904-1,859-1,587-1,459-1,368
Free Cash Flow
6,1325,4265,1855,2004,5805,978
Free Cash Flow Growth
15.63%4.65%-0.29%13.54%-23.39%22.38%

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Gross Margin
65.27%65.31%65.39%65.73%65.98%68.35%
Operating Margin
20.10%19.98%18.89%21.10%17.83%21.61%
Pretax Margin
17.59%16.88%16.78%14.95%17.18%17.41%
Profit Margin
13.93%13.20%13.90%11.36%12.03%15.90%
FCF Margin
16.33%14.92%15.46%16.07%14.67%18.87%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
Dividend Per Share
2.8802.8402.8002.7602.7202.520
Dividend Per Share Growth
1.42%1.43%1.45%1.47%7.94%8.62%
Dividend Yield
2.90%3.40%3.33%3.42%2.99%2.40%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Apr '26 Apr '25 Apr '24 Apr '23 Apr '22
PE Ratio
24.4622.2823.1528.8032.2027.78
Forward PE
16.5314.2914.6414.8717.3218.03
P/FCF Ratio
19.5019.7220.8220.3626.4223.42
PS Ratio
3.182.943.223.273.884.42