Medtronic plc financials

MDT CIK 0001613103

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:10:26Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 5.18B 5.20B 4.58B 5.98B 4.88B 6.02B
EBITDA 8.82B 7.79B 8.18B 8.46B 7.19B 7.45B
Working Capital 10.94B 11.15B 12.62B 10.66B 14.04B 11.66B
Net Debt 24.53B 24.75B 23.85B 17.53B 23.80B 21.77B
Gross Margin 65.32% 65.34% 65.67% 67.98% 65.19% 12.91%
Operating Margin 17.76% 15.89% 17.56% 18.15% 14.89% 16.57%
Net Margin 13.90% 11.36% 12.03% 15.90% 11.97% 16.56%
Return on Equity (ROE) 9.71% 7.32% 7.30% 9.59% 7.01% 9.44%
Return on Assets (ROA) 5.09% 4.09% 4.13% 5.54% 3.87% 5.28%
Current Ratio 1.8491 2.0331 2.3948 1.8605 2.6499 2.1253
Debt-to-Equity 0.557 0.5184 0.4932 0.4042 0.5326 0.5107
Effective Tax Rate 16.63% 23.42% 29.46% 8.27% 6.80% -18.52%
Cash Conversion Ratio 1.5109 1.8463 1.607 1.4578 1.7304 1.5105
Accruals Ratio -0.026 -0.0346 -0.0251 -0.0254 -0.0283 -0.027
SBC % of Revenue 1.28% 1.21% 1.14% 1.13% 1.14% 1.03%
CapEx Coverage 3.7891 4.2766 4.1391 5.3699 4.6052 5.9637
Free Cash Flow Per Share $4.02 $3.91 $3.44 $4.42 $3.61 $4.46

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 23.313 28.8913 32.2518 27.9786 49.218 28.0508
P/FCF 20.9369 20.398 26.4667 23.5916 36.288 22.2826
FCF Yield 4.78% 4.90% 3.78% 4.24% 2.76% 4.49%
EV / EBITDA 15.0205 16.5975 17.708 18.4898 27.8235 20.7861
P/S 3.217 3.2309 3.876 4.3829 5.8485 4.6058
P/B 2.2465 2.0824 2.351 2.6427 3.425 2.6247

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 33.54B 32.36B 31.23B 31.69B 30.12B 28.91B
Cost of Goods and Services Sold 11.63B 11.22B 10.72B 10.14B 10.48B 9.42B
Gross Profit 3.73B
Selling, General and Administrative Expense 10.85B 10.74B 10.41B 10.29B 10.15B 10.11B
Operating Income (Loss) 5.96B 5.14B 5.49B 5.75B 4.48B 4.79B
Income Tax Expense (Benefit) 936.00M 1.13B 1.58B 456.00M 265.00M -751.00M
Net Income (Loss) Attributable to Parent 4.66B 3.68B 3.76B 5.04B 3.61B 4.79B
Earnings Per Share, Basic $3.63 $2.77 $2.83 $3.75 $2.68 $3.57
Weighted Average Number of Shares Outstanding, Basic 1.29B 1.33B 1.33B 1.34B 1.34B 1.34B
Earnings Per Share, Diluted $3.61 $2.76 $2.82 $3.73 $2.66 $3.54
Weighted Average Number of Shares Outstanding, Diluted 1.29B 1.33B 1.33B 1.35B 1.35B 1.35B

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 2.22B 1.28B 1.54B 3.71B 3.59B 4.14B
Assets, Current 23.81B 21.93B 21.68B 23.06B 22.55B 22.03B
Assets 91.68B 89.98B 90.95B 90.98B 93.08B 90.69B
Liabilities, Current 12.88B 10.79B 9.05B 12.39B 8.51B 10.37B
Long-term Debt, Excluding Current Maturities 22.14B
Liabilities 43.42B 39.56B 39.28B 38.26B 41.48B 39.82B
Stockholders' Equity Attributable to Parent 48.02B 50.21B 51.48B 52.55B 51.43B 50.74B
Common Stock, Shares, Outstanding 1.28B 1.31B 1.33B 1.33B 1.35B 1.34B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 7.04B 6.79B 6.04B 7.35B 6.24B 7.23B
Payments to Acquire Property, Plant, and Equipment 1.86B 1.59B 1.46B 1.37B 1.35B 1.21B
Net Cash Provided by (Used in) Investing Activities -1.94B -2.37B -3.49B -1.66B -2.87B -3.20B
Payments for Repurchase of Common Stock 3.23B 2.14B 645.00M 2.54B 652.00M 1.33B
Net Cash Provided by (Used in) Financing Activities -4.36B -4.45B -4.96B -5.34B -4.14B -4.20B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

25 concepts 3 units
Unit US$ · 20 concepts
Label Value Period
Other Operating Income (Expense), Net -35.00M 2025-10-25 → 2026-01-23
Revenue from Contract with Customer, Excluding Assessed Tax 9.02B 2025-10-25 → 2026-01-23
Interest Expense, Borrowings 223.00M 2025-10-25 → 2026-01-23
Interest Income (Expense), Net 85.00M 2025-10-25 → 2026-01-23
Equity Securities, FV-NI, Realized Gain (Loss) 0 2025-10-25 → 2026-01-23
Cost of Goods and Services Sold 3.26B 2025-10-25 → 2026-01-23
Research and Development Expense (Excluding Acquired in Process Cost) 722.00M 2025-10-25 → 2026-01-23
Amortization of Intangible Assets 441.00M 2025-10-25 → 2026-01-23
Restructuring Charges 172.00M 2025-10-25 → 2026-01-23
Goodwill, Impairment Loss 0 2025-10-25 → 2026-01-23
Selling, General and Administrative Expense 2.96B 2025-10-25 → 2026-01-23
Accounts Receivable, Credit Loss Expense (Reversal) 102.00M 2025-04-26 → 2026-01-23
Operating Income (Loss) 1.46B 2025-10-25 → 2026-01-23
Other Nonoperating Income (Expense) 121.00M 2025-10-25 → 2026-01-23
InterestExpenseNonoperating 181.00M 2025-10-25 → 2026-01-23
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.40B 2025-10-25 → 2026-01-23
Income Tax Expense (Benefit) 254.00M 2025-10-25 → 2026-01-23
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1.15B 2025-10-25 → 2026-01-23
Net Income (Loss) Attributable to Noncontrolling Interest 6.00M 2025-10-25 → 2026-01-23
Net Income (Loss) Attributable to Parent 1.14B 2025-10-25 → 2026-01-23
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 1.28B 2025-10-25 → 2026-01-23
Weighted Average Number of Shares Outstanding, Diluted 1.29B 2025-10-25 → 2026-01-23
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $0.89 2025-10-25 → 2026-01-23
Earnings Per Share, Diluted $0.89 2025-10-25 → 2026-01-23
Common Stock, Dividends, Per Share, Declared $0.71 2025-10-25 → 2026-01-23

Balance Sheet

51 concepts 3 units
Unit US$ · 47 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 1.15B as of 2026-01-23
Equity Securities, FV-NI 144.00M as of 2026-01-23
Short-term Investments 7.24B as of 2026-01-23
EquitySecuritiesFvNiCurrentAndNoncurrent 50.00M as of 2026-01-23
Accounts Receivable, Allowance for Credit Loss, Current 207.00M as of 2026-01-23
Accounts Receivable, after Allowance for Credit Loss, Current 6.36B as of 2026-01-23
Derivative Asset 536.00M as of 2026-01-23
Inventory, Net 6.31B as of 2026-01-23
Other Assets, Current 3.02B as of 2026-01-23
Assets, Current 24.07B as of 2026-01-23
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss 7.26B as of 2026-01-23
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss 7.26B as of 2026-01-23
DebtSecuritiesAvailableForSaleExcludingAccruedInterest 7.25B as of 2026-01-23
Property, Plant and Equipment, Net 7.18B as of 2026-01-23
Equity Method Investments 79.00M as of 2026-01-23
EquitySecuritiesFVNINoncurrent 50.00M as of 2026-01-23
Goodwill 41.89B as of 2026-01-23
Finite-Lived Intangible Assets, Gross 28.98B as of 2026-01-23
Finite-Lived Intangible Assets, Accumulated Amortization 18.92B as of 2026-01-23
Intangible Assets, Net (Excluding Goodwill) 10.34B as of 2026-01-23
Derivative Liability 388.00M as of 2026-01-23
Other Assets, Noncurrent 4.04B as of 2026-01-23
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued 36.00M as of 2026-01-23
Contract with Customer, Liability 468.00M as of 2026-01-23
Deferred Income Tax Assets, Net 3.97B as of 2026-01-23
Assets 91.48B as of 2026-01-23
Accounts Payable, Current 2.57B as of 2026-01-23
Accrued Income Taxes, Current 650.00M as of 2026-01-23
Debt, Current 191.00M as of 2026-01-23
Deferred Compensation Liability, Current 2.58B as of 2026-01-23
Other Liabilities, Current 3.50B as of 2026-01-23
Liabilities, Current 9.49B as of 2026-01-23
Finance Lease, Liability, Noncurrent 58.00M as of 2026-01-23
Long-term Debt and Lease Obligation 27.88B as of 2026-01-23
Liability, Defined Benefit Plan, Noncurrent 1.19B as of 2026-01-23
Deferred Income Tax Liabilities, Net 365.00M as of 2026-01-23
Liability for Uncertainty in Income Taxes, Noncurrent 2.00B as of 2026-01-23
Other Liabilities, Noncurrent 1.77B as of 2026-01-23
Liabilities 42.29B as of 2026-01-23
Common Stock, Value, Issued 0 as of 2026-01-23
Additional Paid in Capital 21.01B as of 2026-01-23
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.33B as of 2026-01-23
Retained Earnings (Accumulated Deficit) 32.30B as of 2026-01-23
Stockholders' Equity Attributable to Parent 48.98B as of 2026-01-23
Stockholders' Equity Attributable to Noncontrolling Interest 211.00M as of 2026-01-23
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 49.20B as of 2026-01-23
Liabilities and Equity 91.48B as of 2026-01-23
Unit shares · 3 concepts
Label Value Period
Common Stock, Shares Authorized 2.60B as of 2026-01-23
Common Stock, Shares, Issued 1.28B as of 2026-01-23
Common Stock, Shares, Outstanding 1.28B as of 2026-01-23
Unit US$ / share · 1 concept
Label Value Period
Common Stock, Par or Stated Value Per Share $0.00 as of 2026-01-23

Cash Flow Statement

31 concepts 1 unit
Unit US$ · 31 concepts
Label Value Period
Depreciation 308.00M 2025-10-25 → 2026-01-23
Depreciation, Depletion and Amortization 2.24B 2025-04-26 → 2026-01-23
Share-based Payment Arrangement, Noncash Expense 362.00M 2025-04-26 → 2026-01-23
Interest Paid, Excluding Capitalized Interest, Operating Activities 573.00M 2025-04-26 → 2026-01-23
Deferred Income Taxes and Tax Credits 59.00M 2025-04-26 → 2026-01-23
Income Taxes Paid, Net 1.60B 2025-04-26 → 2026-01-23
Other Noncash Income (Expense) -280.00M 2025-04-26 → 2026-01-23
Increase (Decrease) in Accounts and Notes Receivable -87.00M 2025-04-26 → 2026-01-23
Increase (Decrease) in Inventories 803.00M 2025-04-26 → 2026-01-23
Increase (Decrease) in Accounts Payable and Accrued Liabilities -77.00M 2025-04-26 → 2026-01-23
Increase (Decrease) in Other Operating Assets and Liabilities, Net 1.07B 2025-04-26 → 2026-01-23
Net Cash Provided by (Used in) Operating Activities 4.76B 2025-04-26 → 2026-01-23
Payments to Acquire Property, Plant, and Equipment 1.42B 2025-04-26 → 2026-01-23
Payments to Acquire Investments 6.57B 2025-04-26 → 2026-01-23
Proceeds from Sale of Debt Securities, Available-for-sale 2.00B 2025-10-25 → 2026-01-23
Proceeds from Sale, Maturity and Collection of Investments 5.98B 2025-04-26 → 2026-01-23
Payments to Acquire Businesses, Net of Cash Acquired 0 2025-04-26 → 2026-01-23
Proceeds from Sale of Equity Method Investments 21.00M 2025-10-25 → 2026-01-23
Payments for (Proceeds from) Other Investing Activities 10.00M 2025-04-26 → 2026-01-23
Net Cash Provided by (Used in) Investing Activities -2.02B 2025-04-26 → 2026-01-23
Proceeds from (Repayments of) Short-term Debt, Maturing in Three Months or Less 173.00M 2025-04-26 → 2026-01-23
Proceeds from Issuance of Long-term Debt 1.75B 2025-04-26 → 2026-01-23
Repayments of Long-term Debt 2.93B 2025-04-26 → 2026-01-23
Proceeds from Issuance or Sale of Equity 419.00M 2025-04-26 → 2026-01-23
Payments for Repurchase of Common Stock 600.00M 2025-04-26 → 2026-01-23
Payments of Ordinary Dividends, Common Stock 2.73B 2025-04-26 → 2026-01-23
Proceeds from (Payments for) Other Financing Activities 60.00M 2025-04-26 → 2026-01-23
Net Cash Provided by (Used in) Financing Activities -3.86B 2025-04-26 → 2026-01-23
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 52.00M 2025-04-26 → 2026-01-23
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.07B 2025-04-26 → 2026-01-23
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.15B as of 2026-01-23

Notes

56 concepts 3 units
Unit US$ · 54 concepts
Label Value Period
Revenue from Collaborative Arrangement, Excluding Revenue from Contract with Customer 36.00M 2025-10-25 → 2026-01-23
Share-based Payment Arrangement, Expense 95.00M 2025-10-25 → 2026-01-23
Equity Method Investment, Other than Temporary Impairment 0 2025-10-25 → 2026-01-23
Derivative Asset, Not Offset, Policy Election Deduction 204.00M as of 2026-01-23
Share-based Payment Arrangement, Expense, after Tax 77.00M 2025-10-25 → 2026-01-23
Share-based Payment Arrangement, Expense, Tax Benefit 18.00M 2025-10-25 → 2026-01-23
Inventory, Finished Goods, Net of Reserves 4.19B as of 2026-01-23
Inventory, Work in Process, Net of Reserves 883.00M as of 2026-01-23
Inventory, Raw Materials, Net of Reserves 1.23B as of 2026-01-23
Contract with Customer, Liability, Revenue Recognized 314.00M 2025-04-26 → 2026-01-23
Equity Securities without Readily Determinable Fair Value, Amount 730.00M as of 2026-01-23
Accrued Income Taxes, Noncurrent 1.59B as of 2026-01-23
Derivative, Excluded Component, Gain (Loss), Recognized in Earnings 42.00M 2025-10-25 → 2026-01-23
Dividends, Common Stock, Cash 911.00M 2025-10-25 → 2026-01-23
Asset at Fair Value, Changes in Fair Value Resulting from Changes in Assumptions 0 2025-10-25 → 2026-01-23
Finite-Lived Intangible Asset, Expected Amortization, Year One 1.61B as of 2026-01-23
Finite-Lived Intangible Asset, Expected Amortization, Year Two 1.56B as of 2026-01-23
Loss Contingency Accrual 200.00M as of 2026-01-23
Finite-Lived Intangible Asset, Expected Amortization, Year Three 1.48B as of 2026-01-23
Loss Contingency Accrual, Provision 62.00M 2025-10-25 → 2026-01-23
Finite-Lived Intangible Asset, Expected Amortization, Year Four 1.35B as of 2026-01-23
Revenue, Remaining Performance Obligation, Amount 400.00M as of 2026-01-23
Finite-Lived Intangible Asset, Expected Amortization, Year Five 1.27B as of 2026-01-23
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year 405.00M as of 2026-01-23
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One 1.55B as of 2026-01-23
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five 3.12B as of 2026-01-23
Guarantor Obligations, Current Carrying Value 1.30B as of 2026-01-23
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 1.15B as of 2026-01-23
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10 1.43B as of 2026-01-23
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 1.55B as of 2026-01-23
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five 3.13B as of 2026-01-23
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 1.16B as of 2026-01-23
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 1.42B as of 2026-01-23
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 7.00M as of 2026-01-23
Impairment of Intangible Assets (Excluding Goodwill) 0 2025-10-25 → 2026-01-23
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 47.00M as of 2026-01-23
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 54.00M as of 2026-01-23
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 55.00M as of 2026-01-23
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 749.00M as of 2026-01-23
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 1.90B as of 2026-01-23
Derivative Asset, Fair Value, Amount Offset Against Collateral 333.00M as of 2026-01-23
Derivative, Fair Value, Amount Offset Against Collateral, Net 264.00M as of 2026-01-23
Goodwill, Foreign Currency Translation Gain (Loss) 155.00M 2025-04-26 → 2026-01-23
Derivative, Collateral, Obligation to Return Cash 0 as of 2026-01-23
Other Comprehensive Income (Loss), before Reclassifications, before Tax -176.00M 2025-10-25 → 2026-01-23
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax -15.00M 2025-10-25 → 2026-01-23
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months -80.00M 2025-04-26 → 2026-01-23
Debt Instrument, Unamortized Discount (Premium), Net 58.00M as of 2026-01-23
Debt Issuance Costs, Net 118.00M as of 2026-01-23
Unrecognized Tax Benefits 2.90B as of 2026-01-23
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 2.70B as of 2026-01-23
Derivative Liability, Fair Value, Gross Liability 388.00M as of 2026-01-23
Derivative Asset, Fair Value, Gross Asset 536.00M as of 2026-01-23
APIC, Share-based Payment Arrangement, Increase for Cost Recognition 95.00M 2025-10-25 → 2026-01-23
Unit pure · 1 concept
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.181 2025-10-25 → 2026-01-23
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 4 2025-04-26 → 2026-01-23

Other

2 concepts 1 unit
Unit US$ · 2 concepts
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 146.00M 2025-10-25 → 2026-01-23
Stock Repurchased and Retired During Period, Value 85.00M 2025-10-25 → 2026-01-23

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (MDT CIK 0001613103), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.