Medtronic (MDT) Stock Price

Medtronic Price

NYSE·CLOSED
90.68USD+1.83 (+2.04 %)
Market closed

Over the last 19 years Medtronic grew revenue by 5.9% annually, reaching 36.36 B USD. Earnings per share have grown at 2.3% per year over the last 19 years. For Medtronic, the net margin of 13.2% is down versus 15.9% a few years ago. At today's price the dividend yield works out to roughly 3.13%. The payout ratio is around 91% of earnings. The dividend has grown at 9.9% per year over the past 19 years. The consensus 12-month price target for Medtronic is 114.64 USD, about 26.4% above where the stock trades today. Of 35 analysts, 20 rate the stock a buy — an overall Buy consensus. The stock trades about 23% above its 52-week low.

Medtronic stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Medtronic over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Medtronic stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Medtronic's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Medtronic Stock Price History
DateMedtronic Price
8/11/202690.68 USD
8/10/202688.85 USD
8/7/202687.16 USD
8/6/202685.92 USD
8/5/202685.56 USD
8/4/202685.90 USD
8/3/202686.68 USD
7/31/202685.39 USD
7/30/202685.71 USD
7/29/202687.88 USD
7/27/202684.86 USD
7/23/202682.01 USD
7/22/202681.89 USD
7/21/202682.35 USD
7/20/202683.29 USD
7/17/202683.20 USD
7/16/202683.56 USD
7/15/202680.47 USD
7/14/202679.30 USD
7/13/202684.10 USD
7/10/202683.87 USD
7/9/202682.39 USD
7/8/202682.80 USD
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7/6/202682.35 USD
7/2/202683.19 USD
7/1/202679.20 USD
6/30/202678.23 USD
6/29/202681.39 USD
6/26/202680.98 USD
6/25/202680.52 USD
6/24/202680.13 USD
6/23/202680.63 USD
6/22/202679.24 USD
6/18/202679.34 USD
6/17/202678.14 USD
6/16/202681.32 USD
6/15/202680.38 USD
6/12/202680.20 USD
6/11/202680.33 USD
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6/5/202681.67 USD
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6/3/202677.95 USD
6/2/202673.75 USD
6/1/202673.98 USD
5/29/202673.81 USD
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5/26/202677.60 USD
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5/21/202678.15 USD
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5/19/202678.58 USD
5/14/202676.97 USD
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5/4/202678.30 USD
5/1/202680.00 USD
4/30/202680.97 USD
4/29/202679.37 USD
4/28/202681.90 USD
4/27/202682.92 USD
4/24/202683.32 USD
4/23/202683.79 USD
4/22/202683.22 USD
4/21/202682.00 USD
4/20/202685.00 USD
4/17/202686.19 USD
4/16/202685.65 USD
4/15/202687.10 USD
4/14/202688.12 USD
4/13/202688.00 USD
4/10/202687.21 USD
4/9/202687.91 USD
4/8/202688.65 USD
4/7/202686.42 USD
4/6/202686.28 USD
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4/1/202686.06 USD
3/31/202686.65 USD
3/30/202685.74 USD
3/27/202687.14 USD
3/26/202687.93 USD
3/25/202687.89 USD
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3/20/202686.72 USD
3/19/202686.87 USD
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3/17/202688.02 USD
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3/12/202687.37 USD
3/11/202688.94 USD
3/10/202690.46 USD
3/9/202691.34 USD
3/6/202690.56 USD
3/5/202693.01 USD
3/4/202695.60 USD
3/3/202696.71 USD
3/2/202698.10 USD
2/27/202697.66 USD
2/26/202696.72 USD
2/25/202696.76 USD
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2/23/202699.02 USD
2/20/202696.86 USD
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2/18/202698.49 USD
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2/13/202699.49 USD
2/12/2026100.88 USD
2/11/2026101.08 USD
2/10/2026101.42 USD
2/9/2026101.65 USD
2/6/2026103.02 USD
2/5/2026102.95 USD
2/4/2026101.84 USD
2/3/2026103.18 USD
2/2/2026102.71 USD
1/30/2026102.57 USD
1/29/2026101.00 USD
1/28/2026100.79 USD
1/27/2026100.71 USD
1/26/2026100.67 USD
1/23/2026100.88 USD
1/22/2026101.36 USD
1/21/2026100.31 USD
1/20/202698.62 USD
1/16/202696.76 USD
1/15/202699.00 USD
1/14/202698.44 USD
1/13/202696.42 USD
1/12/202696.95 USD
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1/6/2026100.31 USD
1/5/202697.36 USD
1/2/202696.05 USD
12/31/202596.06 USD
12/30/202596.66 USD
12/29/202596.15 USD
12/26/202596.52 USD
12/24/202597.27 USD
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12/22/202597.71 USD
12/19/202599.31 USD
12/18/202598.65 USD
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12/12/202599.87 USD
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12/8/2025101.26 USD
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12/3/2025102.42 USD
12/2/2025102.32 USD
12/1/2025103.34 USD
11/28/2025105.33 USD
11/26/2025104.89 USD
11/25/2025105.35 USD
11/24/2025103.20 USD
11/21/2025101.20 USD
11/20/202599.22 USD
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11/18/2025100.09 USD
11/17/202596.32 USD
11/14/202595.87 USD
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11/12/202595.81 USD
11/11/202595.40 USD
11/10/202592.66 USD
11/7/202592.20 USD
11/6/202590.06 USD
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11/4/202590.42 USD
11/3/202590.20 USD
10/31/202590.70 USD
10/30/202590.24 USD
10/29/202592.52 USD
10/28/202593.23 USD
10/27/202594.13 USD
10/24/202593.69 USD
10/23/202594.21 USD
10/22/202595.90 USD
10/21/202596.44 USD
10/20/202595.92 USD
10/17/202595.80 USD
10/16/202595.04 USD
10/15/202595.34 USD
10/14/202596.54 USD
10/13/202595.77 USD
10/10/202595.41 USD
10/9/202596.50 USD
10/8/202597.89 USD
10/7/202598.33 USD
10/6/202598.43 USD
10/3/202597.02 USD
10/2/202595.48 USD
10/1/202594.81 USD
9/30/202595.24 USD
9/29/202593.97 USD
9/28/202593.97 USD
9/25/202594.22 USD
9/24/202594.30 USD
9/23/202594.98 USD
9/22/202594.62 USD
9/19/202595.62 USD
9/18/202595.62 USD
9/17/202594.58 USD
9/16/202594.19 USD
9/15/202593.77 USD
9/12/202594.03 USD
9/11/202594.25 USD
9/10/202592.32 USD
9/9/202594.07 USD
9/8/202592.99 USD
9/5/202592.87 USD
9/4/202592.85 USD
9/3/202592.25 USD
9/2/202593.33 USD
8/29/202592.51 USD
8/28/202591.96 USD
8/27/202592.05 USD
8/26/202592.18 USD
8/25/202593.01 USD
8/22/202592.09 USD
8/21/202591.10 USD
8/20/202593.22 USD
8/19/202589.91 USD
8/18/202593.41 USD
8/15/202592.97 USD
8/14/202591.98 USD
8/13/202592.91 USD
8/12/202592.08 USD
Access this data via the Eulerpool API

Medtronic Revenue, EBIT, Net Income

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  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2024
32.36 B USD
5.14 B USD
3.68 B USD
Jan 1, 2025
33.54 B USD
5.96 B USD
4.66 B USD
Jan 1, 2026
36.36 B USD
6.47 B USD
4.80 B USD
Jan 1, 2027 (e)
38.89 B USD
7.26 B USD
7.68 B USD
Jan 1, 2028 (e)
40.22 B USD
7.51 B USD
8.24 B USD
Jan 1, 2029 (e)
42.07 B USD
7.85 B USD
8.94 B USD
Jan 1, 2030 (e)
44.85 B USD
8.37 B USD
9.85 B USD
Jan 1, 2031 (e)
46.57 B USD
8.69 B USD
10.61 B USD

Medtronic Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 12, 2026, 3:34 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESB
201620172018201920202021202220232024202520262027e2028e2029e2030e2031e
28.8329.7129.9530.5628.9130.1231.6931.2332.3633.5436.3638.8940.2242.0744.8546.57
42.313.040.822.02-5.384.165.21-1.453.643.628.436.953.414.616.603.84
68.2968.7269.7370.0467.4165.1967.9865.6765.3465.3265.0265.0265.0265.0265.0265.02
19.6920.4220.8921.4019.4919.6321.5420.5121.1521.9123.6425.2926.1527.3529.1630.28
5.365.386.646.274.794.485.755.495.145.966.477.267.517.858.378.69
18.5918.1222.1720.5116.5714.8918.1517.5615.8917.7617.7818.6718.6718.6718.6618.67
3.544.033.104.634.793.615.043.763.684.664.807.688.248.949.8510.61
32.2613.85-22.9449.193.41-24.7039.74-25.42-2.1826.822.9660.027.298.4510.197.73
1.671.811.962.122.282.472.672.752.792.832.842.963.083.21
15.978.388.298.167.558.338.103.001.451.430.354.234.054.22
1.391.371.361.351.351.361.331.331.291.291.291.291.291.291.291.29
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Medtronic generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Medtronic retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Medtronic's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Medtronic has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Medtronic's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Medtronic stock margins

The Medtronic margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Medtronic. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Medtronic.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2022
67.98 %
18.15 %
15.90 %
Jan 1, 2023
65.67 %
17.56 %
12.03 %
Jan 1, 2024
65.34 %
15.89 %
11.36 %
Jan 1, 2025
65.32 %
17.76 %
13.90 %
Jan 1, 2026
65.02 %
17.78 %
13.20 %
Jan 1, 2027 (e)
65.02 %
18.67 %
19.75 %
Jan 1, 2028 (e)
65.02 %
18.67 %
20.49 %
Jan 1, 2029 (e)
65.02 %
18.67 %
21.24 %

Medtronic Stock Revenue, EBIT, Earnings per Share

The Medtronic earnings per share therefore indicates how much revenue Medtronic has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2022
23.79 USD
4.32 USD
3.78 USD
Jan 1, 2023
23.45 USD
4.12 USD
2.82 USD
Jan 1, 2024
25.15 USD
4.00 USD
2.86 USD
Jan 1, 2025
26.05 USD
4.63 USD
3.62 USD
Jan 1, 2026
28.23 USD
5.02 USD
3.73 USD
Jan 1, 2027 (e)
30.15 USD
5.64 USD
5.96 USD
Jan 1, 2028 (e)
31.18 USD
5.83 USD
6.39 USD
Jan 1, 2029 (e)
32.62 USD
6.10 USD
6.93 USD

Medtronic business model & stock analysis

Medtronic PLC is a globally leading medical technology company headquartered in Dublin, Ireland. The company was founded in 1949 by Earl Bakken and Palmer Hermundslie and has since developed a comprehensive portfolio of products in the field of medical devices and equipment. Medtronic's business model is focused on meeting the demand for innovative medical technology to improve the quality of life for patients and treat or alleviate diseases and disorders. The company strives to constantly invest in research and development to bring new and improved products to the market. Medtronic offers an extensive range of products that can be used in the fields of cardiology, neuromodulation, spinal surgery, diabetes, hearing aids, surgery, ophthalmology, infection prevention, percutaneous intervention procedures, and more. One of the most well-known product series is the pacemaker, which has been manufactured by Medtronic in a variety of models since 1957. In the field of neuromodulation, Medtronic is a leader in the development of implants that can treat various disorders of the nervous system. This includes deep brain stimulation (DBS) for Parkinson's disease, as well as spinal cord stimulation procedures for chronic pain and neurostimulation procedures for bladder, bowel, and gastrointestinal disorders.. In the field of spinal medicine, Medtronic offers a variety of devices that contribute to the stabilization of the spine and can be implemented through minimally invasive procedures. These include products such as plate systems, cages, spinal stabilizations, chamber drains, medication pumps, and more. In the field of diabetes, Medtronic focuses on the development of insulin pump systems that allow for more precise administration of insulin. The system also includes a sensor that continuously monitors blood sugar levels and can trigger insulin delivery as needed. Medtronic is also known for its efforts in infection prevention, offering products such as antimicrobial catheters, wound care, and hospital hygiene solutions. In addition to its products, the company is also involved in medical education and consulting. As part of these efforts, Medtronic develops training and education programs for physicians and healthcare personnel to enhance techniques and the use of devices and systems. Over the years, Medtronic has expanded its product offering through mergers and acquisitions. Currently, the company employs over 86,000 people in locations across more than 160 countries worldwide. Overall, Medtronic aims to drive innovation in medical technology and enable better healthcare for patients worldwide through its products and services.

Medtronic SWOT Analysis

Strengths

Medtronic PLC holds a strong position in the medical technology industry, exhibiting several notable strengths:

  • Extensive product portfolio, with a wide range of medical devices and therapies.
  • Established global presence, operating in various countries worldwide.
  • Excellent research and development capabilities, leading to innovative solutions.
  • Strong brand reputation, recognized for quality and reliability.
  • Strong financial performance and stability, allowing for investment in future growth.

Despite its strengths, Medtronic PLC faces certain weaknesses that can hinder its performance:

  • Dependency on regulatory approvals, as the company's products are subject to government regulations.
  • Vulnerability to product recalls or safety concerns due to the nature of healthcare devices.
  • Relatively high prices of certain products, limiting affordability for some customers.

Medtronic PLC has various opportunities to leverage and expand its business:

  • Growing demand for advanced medical devices in emerging markets.
  • Increasing global healthcare expenditure, providing potential for revenue growth.
  • Innovation in healthcare technology, allowing for the development of new products.
  • Potential mergers and acquisitions to expand market share and product offerings.

Medtronic PLC faces several threats that may impact its performance and market position:

  • Intense competition from other medical technology companies.
  • Changes in government regulations and healthcare policies affecting market dynamics.
  • Slowdown in global economic conditions leading to reduced healthcare spending.
  • Rapid technological advancements and potential disruption by new entrants.

Weaknesses

Despite its strengths, Medtronic PLC faces certain weaknesses that can hinder its performance:

  • Dependency on regulatory approvals, as the company's products are subject to government regulations.
  • Vulnerability to product recalls or safety concerns due to the nature of healthcare devices.
  • Relatively high prices of certain products, limiting affordability for some customers.

Medtronic PLC has various opportunities to leverage and expand its business:

  • Growing demand for advanced medical devices in emerging markets.
  • Increasing global healthcare expenditure, providing potential for revenue growth.
  • Innovation in healthcare technology, allowing for the development of new products.
  • Potential mergers and acquisitions to expand market share and product offerings.

Medtronic PLC faces several threats that may impact its performance and market position:

  • Intense competition from other medical technology companies.
  • Changes in government regulations and healthcare policies affecting market dynamics.
  • Slowdown in global economic conditions leading to reduced healthcare spending.
  • Rapid technological advancements and potential disruption by new entrants.

Opportunities

Medtronic PLC has various opportunities to leverage and expand its business:

  • Growing demand for advanced medical devices in emerging markets.
  • Increasing global healthcare expenditure, providing potential for revenue growth.
  • Innovation in healthcare technology, allowing for the development of new products.
  • Potential mergers and acquisitions to expand market share and product offerings.

Medtronic PLC faces several threats that may impact its performance and market position:

  • Intense competition from other medical technology companies.
  • Changes in government regulations and healthcare policies affecting market dynamics.
  • Slowdown in global economic conditions leading to reduced healthcare spending.
  • Rapid technological advancements and potential disruption by new entrants.

Threats

Medtronic PLC faces several threats that may impact its performance and market position:

  • Intense competition from other medical technology companies.
  • Changes in government regulations and healthcare policies affecting market dynamics.
  • Slowdown in global economic conditions leading to reduced healthcare spending.
  • Rapid technological advancements and potential disruption by new entrants.

Medtronic Employees

  • 3 Years

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  • 25 Years

  • Max

Medtronic Employees
Details
Date
Medtronic Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees
Jan 1, 2026
- Employees

Medtronic Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Medtronic historical P/E ratio, EBIT multiple, and P/S ratio

Medtronic annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Medtronic shares outstanding

The number of shares of Medtronic was 1.29 B in 2025. This indicates how many shares Medtronic is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2022
1.33 B Stocks
Jan 1, 2023
1.33 B Stocks
Jan 1, 2024
1.29 B Stocks
Jan 1, 2025
1.29 B Stocks
Jan 1, 2026
1.29 B Stocks
Jan 1, 2027 (e)
1.29 B Stocks
Jan 1, 2028 (e)
1.29 B Stocks
Jan 1, 2029 (e)
1.29 B Stocks

Medtronic stock splits

In Medtronic's history, there have been no stock splits.

Medtronic Dividend History

37 years of dividend payments · 12 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.71USDYTD
Mar 27, 20260.71USD 0.0%1/1
20252.83USD 1.4%
Mar 28, 20250.70USD 0.0%1/4
Jun 27, 20250.71USD 1.4%2/4
Sep 26, 20250.71USD 0.0%3/4
Dec 26, 20250.71USD 0.0%4/4
20242.79USD 1.5%
20232.75USD 3.0%
20222.67USD 8.1%
20212.47USD 8.3%
20202.28USD 7.5%
20192.12USD 8.2%
20181.96USD 8.3%
20171.81USD 8.4%

Medtronic dividend history and estimates

In 2025, Medtronic paid a dividend amounting to 2.83 USD. Dividend means that Medtronic distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2022
2.67 USD
0.00 USD
Jan 1, 2023
2.75 USD
0.00 USD
Jan 1, 2024
2.79 USD
0.00 USD
Jan 1, 2025
2.83 USD
0.00 USD
Jan 1, 2026
2.84 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
2.96 USD
Jan 1, 2028 (e)
0.00 USD
3.08 USD
Jan 1, 2029 (e)
0.00 USD
3.21 USD

Medtronic dividend payout ratio

In 2025, Medtronic had a payout ratio of 78.16%. The payout ratio indicates the percentage of the company's profits that Medtronic distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2022
70.58 %
Jan 1, 2023
97.46 %
Jan 1, 2024
97.67 %
Jan 1, 2025
78.16 %
Jan 1, 2026
91.10 %
Jan 1, 2027 (e)
49.66 %
Jan 1, 2028 (e)
48.20 %
Jan 1, 2029 (e)
46.28 %

Current Medtronic forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.80 %
Buy
57.14 % (20)
Hold
40.00 % (14)
Sell
2.86 % (1)
12M Price Target
114.64
Last Price
88.85
Currency
USD
12M Return Potential
29.02 %
LTM Return
0 %

Medtronic Analyst Rating Actions

DateFirmActionRatingReliability
7/28/2026
UBS
UBS
UpgradeNeutralBuy51
7/10/2026
TD Cowen
TD Cowen
MaintainedBuy60
7/6/2026
Evercore ISI Group
Evercore ISI Group
MaintainedOutperform62
6/17/2026
Needham
Needham
MaintainedBuy70
6/5/2026
Goldman Sachs
Goldman Sachs
MaintainedNeutral
6/5/2026
Bernstein
Bernstein
MaintainedOutperform
6/4/2026
Wells Fargo
Wells Fargo
MaintainedOverweight56
6/4/2026
UBS
UBS
MaintainedNeutral51
6/4/2026
TD Cowen
TD Cowen
MaintainedBuy60
6/4/2026
RBC Capital
RBC Capital
MaintainedOutperform52

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Medtronic Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/17/20261.40USD-9.64 BUSD-2027 Q1
6/3/20261.56USD-9.73 BUSD-2026 Q4
2/17/20261.35USD-8.99 BUSD-2026 Q3
11/18/20251.33USD-8.95 BUSD-2026 Q2
8/19/20251.24USD-8.46 BUSD-2026 Q1
11/19/20241.26USD-8.36 BUSD-2025 Q2
5/25/20231.72USD-8.61 BUSD-2023 Q4
2/21/20231.42USD-8.08 BUSD-2023 Q3
11/22/20221.29USD-7.82 BUSD-2023 Q2
8/23/20221.13USD-7.33 BUSD-2023 Q1
...

EESG©

Eulerpool ESG Scorecard© for the Medtronic stock

70/100
74
Environment
85
Social
52
Governance
E

Environment

20
Scope 1 - Direct Emissions99,000
Scope 2 - Indirect emissions from purchased energy118,000
Scope 3 - Indirect emissions within the value chain3,213,000
Total CO₂ emissions217,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees51
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Medtronic shareholder structure

% Name
8.77452%
BLACKROCK, INC.
BLACKROCK, INC.
6.46049%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
4.78650%
STATE STREET CORP
STATE STREET CORP
3.95174%
JPMORGAN CHASE & CO
JPMORGAN CHASE & CO
3.25038%
CAPITAL RESEARCH GLOBAL INVESTORS
CAPITAL RESEARCH GLOBAL INVESTORS
2.59327%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
...

Medtronic Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.8%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
90.00%
Medtronic plc
Medtronic plc
SEC ↗
16.20%
Covidien Group S.a.r.l.
Covidien Group S.a.r.l.
SEC ↗
16.00%
Page 3 of 7 Pages
Page 3 of 7 Pages
SEC ↗
16.00%
Page 2 of 7 Pages
Page 2 of 7 Pages
SEC ↗
8.60%
T. ROWE PRICE ASSOCIATES, INC.
T. ROWE PRICE ASSOCIATES, INC.
SEC ↗
8.42%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
8.20%
8.2% (2)
8.2% (2)
SEC ↗
7.51%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
6.90%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
4.70%
Alpa Capital Anstalt
Alpa Capital Anstalt
SEC ↗

Medtronic Executives and Management Board

20 members · avg. age 61 · 10 % women

GM

Mr. Geoffrey Martha (55)

Executive Chairman of the Board, Chief Executive Officer · since 2011

21.24 M USD

Management

IF

Mr. Ivan Fong (63)

Executive Vice President, General Counsel, Corporate Secretary

11.72 M USD
BW

Mr. Brett Wall (60)

Executive Vice President, President - Neuroscience Portfolio

8.12 M USD
GS

Mr. Gregory Smith (61)

Executive Vice President - Enterprise Operations

8.08 M USD
TP

Mr. Thierry Pieton (55)

Chief Financial Officer, Executive Vice President

5.21 M USD
MW

Mr. Matthew Walter (46)

Chief Human Resources Officer, Senior Vice President

SK

Mr. Skip Kiil (51)

Executive Vice President, President - Cardiovascular Portfolio

Board of Directors

CA

Mr. Craig Arnold (65)

Lead Independent Director

410,055.00 USD
RH

Mr. Randall Hogan (69)

Independent Director

385,055.00 USD
GL

Mr. Gregory Lewis (57)

Independent Director

370,275.00 USD
KL

Mr. Kevin Lofton (70)

Independent Director

370,055.00 USD
EN

Dr. Elizabeth Nabel (73)

Independent Director

370,055.00 USD
SD

Mr. Scott Donnelly (63)

Independent Director

365,055.00 USD

Medtronic Supply Chain

Medtronic Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
OSI Systems, Inc.
Supplier·Electronic Equipment, Instruments & Components·US
0.89
0.29
0.47
0.18
0.82
0.87
1.57
2
Integer Holdings Corporation
Supplier·Health Care Equipment & Supplies·US
0.71
0.77
0.80
0.32
0.90
0.80
1.70
3
SurModics
Supplier·Customer·Health Care Equipment & Supplies·US
0.83
0.86
0.83
0.26
0.90
0.78
3.95
4
Vishay Intertechnology
Supplier·Electronic Equipment, Instruments & Components·US
0.74
0.44
-0.06
-0.08
0.51
0.70
1.17
5
OptimizeRx
Supplier·Health Care Technology·US
0.49
0.69
0.69
0.13
0.62
0.68
#Nameβ 1YTrend
1
ON24
Supplier·Software·US
0.62
0.54
0.74
0
0.69
2
Definitive Healthcare A
Supplier·Health Care Technology·US
0.49
0.44
0.78
0.43
3
Coland Holdings Ltd.
Supplier·Customer·CN
0.40
-0.22
-0.63
4
MEDIANA
Supplier·Health Care Equipment & Supplies·KR
0.71
0.65
0.56
0.16
0.12
-0.46
0.59
5
Excelsior Medical Co., Ltd.
Customer·Health Care Providers & Services·TW
0.56
0.25
0.14
0.26
-0.51
-0.35

Frequently asked questions about Medtronic

The business model of Medtronic PLC primarily focuses on the development, manufacturing, and distribution of medical technology devices and solutions. Medtronic specializes in the fields of cardiac and vascular therapies, minimally invasive therapies, restorative therapies, and diabetes management. The company aims to improve patient outcomes by providing innovative and high-quality products to healthcare professionals worldwide. Medtronic's business model revolves around collaborating with healthcare providers, patients, and other stakeholders to create innovative solutions that address unmet medical needs. Through strategic partnerships and continuous research and development, Medtronic strives to enhance patient care and improve the overall healthcare landscape.

Medtronic PLC is primarily active in the healthcare industry.

The main competitors of Medtronic PLC in the market are Abbott Laboratories, Boston Scientific Corporation, and Johnson & Johnson.

Medtronic PLC is a renowned global medical technology company headquartered in Dublin, Ireland. It was founded in 1949 by Earl Bakken and Palmer Hermundslie, initially operating as a medical equipment repair shop. Over the years, Medtronic evolved to become a leader in healthcare solutions, focusing on innovative medical devices and therapies. The company specializes in areas such as cardiovascular, diabetes, neurological, and spine care technologies, serving patients in more than 150 countries worldwide. With a rich history of transformative medical breakthroughs, Medtronic's commitment to improving patient outcomes and advancing healthcare is well-recognized in the industry.

Medtronic PLC, a leading medical technology company, has achieved several significant milestones. The company pioneered the development of the first battery-powered wearable external pacemaker in 1957, revolutionizing cardiac healthcare. In 1960, Medtronic introduced the first implantable pacemaker, a remarkable breakthrough in medical devices. Another notable achievement came in 1978 when Medtronic introduced the first insulin pump for diabetes management, improving the lives of millions. Medtronic has also made advancements in minimally invasive surgery with its innovative instruments and techniques. With a strong focus on research and development, Medtronic continues to push boundaries in healthcare technology, enhancing patient outcomes worldwide.

Medtronic PLC is primarily present in various countries and regions worldwide. Some of the key markets where Medtronic operates include the United States, Europe (including countries like Germany, France, and the United Kingdom), Asia-Pacific (including China, Japan, and Australia), and Latin America. With a widespread global presence, Medtronic leverages its network to deliver innovative medical technologies and therapies to patients and healthcare professionals across different geographies. This multinational presence enables Medtronic PLC to serve a diverse range of markets and collaborate with healthcare partners to improve patient outcomes and enhance the delivery of healthcare services globally.

Medtronic PLC represents values of integrity, collaboration, and innovation. With a strong corporate philosophy focused on improving healthcare, Medtronic strives to create medical technologies that benefit patients worldwide. The company's mission is to alleviate pain, restore health, and extend lives through their innovative medical solutions. Medtronic believes in putting patients first and working together with healthcare professionals to develop cutting-edge therapies. They are dedicated to delivering high-quality products and services with utmost transparency and ethical practices. Medtronic's commitment to excellence and patient-centric approach has made it a leading global provider in the medical technology space.

Analysts currently set an average price target of 113.25 USD for the Medtronic stock (median: 114.64 USD), implying +27.5 % versus the latest price. The consensus is based on 35 analyst ratings.

38 analysts currently rate the Medtronic stock: 24 recommend buying, 13 holding and 1 selling.

Converted at the current exchange rate, the Medtronic share trades at 78.52 EUR (90.68 USD).

The Medtronic share (MDT) is listed on 11 stock exchanges, including: NYSE (MDT), XETRA (2M6.DE), Frankfurt (2M6.F), München (2M6.MU), Düsseldorf (2M6.DU), Hamburg (2M6.HM), London (0Y6X.L), London (0Y6X.L).

Medtronic PLC is a leading company in the medical technology industry and specializes in offering innovative and advanced therapies for a variety of diseases. The company was founded in 1949 by Earl Bakken and Palmer Hermundslie in Minneapolis, USA, and has since grown into a multinational corporation headquartered in Dublin, Ireland. Medtronic's business model is based on four main divisions: Cardiovascular Medicine, Diabetes, Neuromodulation, and Surgery. In the cardiovascular medicine division, the company offers a wide range of products and therapies for cardiovascular diseases and vascular constrictions. These include implantable pacemakers and defibrillators, stents for the treatment of narrowing in the heart arteries, and systems for monitoring heart rhythm. These products are an important part of medical care for people with severe cardiovascular diseases. In the diabetes division, Medtronic offers a range of insulin pumps and sensors that help people with type 1 diabetes or type 2 diabetes control their blood sugar levels. These technologies enable patients to receive more precise and personalized insulin therapy and can prevent serious complications such as gangrene and stroke. Medtronic's neuromodulation division focuses on the development of systems for the treatment of chronic pain, disorders of the nervous system, and neurological diseases. This includes implantable devices such as spinal cord stimulators that send electrical signals to the nervous system and can block pain stimuli. These devices can significantly improve the lives of patients with neuropathic pain or other conditions. Medtronic's surgery division offers products and technologies to support surgeons in complex procedures. These include cutting and coagulation instruments, surgical navigation systems, and products for bone and tissue regeneration. These products help improve patient outcomes and optimize surgical results. Medtronic is also active in various other areas, including respiratory diseases, urology, and infusion systems. The company focuses on creating innovative solutions that improve patient care and increase patients' quality of life. The focus on research and development is an important part of Medtronic's business model and drives continuous innovation in the field of medical technology. Overall, Medtronic is a company that focuses on the development and manufacture of innovative products and services that contribute to improving healthcare worldwide. The various divisions of the company work together in harmony to create innovations that improve the treatment and quality of life for patients.

The revenue of Medtronic is 36.36 B USD. This figure is based on current financial data and reflects the company's business performance.

The profit of Medtronic is 4.80 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Medtronic is currently 24.33. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Medtronic stock.

The price-to-sales ratio (P/S) of Medtronic is currently 3.21. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Medtronic stock.

The Eulerpool Quality Score for Medtronic is 5/10.

The ISIN of Medtronic is IE00BTN1Y115. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Medtronic is A14M2J. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Medtronic is MDT. The ticker symbol is used to trade Medtronic shares on the stock exchange.

Over the past 12 months, Medtronic paid a dividend of 2.84 USD . This corresponds to a dividend yield of about 3.13 %. For the coming 12 months, Medtronic is expected to pay a dividend of 2.96 USD.

The current dividend yield of Medtronic is 3.13 %.

Medtronic pays a dividend, distributed in the months of , , , .

Medtronic paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 2.96 USD are expected. This corresponds to a dividend yield of 3.33 %.

Medtronic is assigned to the 'Health' sector.

To receive the latest dividend of Medtronic from amounting to 0.71 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Medtronic distributed 2.8 USD as dividends.

The dividends of Medtronic are distributed in USD.

All fundamentals and in-depth analysis of Medtronic

Our stock analysis for Medtronic stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Medtronic. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.