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Medtronic plc MDT SPX

Healthcare · Medical Devices · Ireland
https://www.medtronic.com

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. 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, and percutaneous coronary intervention products, percutaneous angioplasty balloons, and other 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. The 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. The Diabetes Operating Unit segment provides insulin pumps and consumables, continuous glucose monitoring systems and sensors, and InPen, a smart insulin pen. Medtronic plc was founded in 1949 and is headquartered in Galway, Ireland.

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$73.81
-8.22% 1Y

Market & Price

Market Cap
$94.76B
Current Price
$73.81
High / Low (52W)
$103.73 / $73.81
Beta
0.63

Valuation

Stock P/E
20.62
Industry PE
23.65
Forward P/E
12.18
PEG Ratio
1.29
Book Value
$38.17
Price to Book
1.93
P/S
2.67
EV/EBITDA
12.15
Dividend Yield
3.85%

Profitability & Returns

ROCE
8.07%
ROE
9.39%
ROA
4.57%
Profit Margin
13.00%
Op Margin
20.01%
EPS (Latest Qtr)
$0.89
EPS (TTM)
$3.58

Balance Sheet & Liquidity

Debt/Equity
0.57
Quick Ratio
1.55
Current Ratio
2.54
Debt
$28.07B
Total Assets
$91.68B
Current Assets
$23.81B
Working Capital
$10.94B

Ownership

Promoter Holding
0.31%
Chg in Prom Hold
0.01%
FII / Inst Holding
89.41%
Chg in FII Hold
-0.08%

Financial Snapshot

Enterprise Value
$114.66B
Total Revenue (TTM)
$35.48B
EBITDA
$9.44B
Free Cash Flow
$4.07B
Operating Cash Flow
$7.29B
Shares Outstanding
1.28B
Gross Margin
65.16%
Payout Ratio
79.05%

Growth (CAGR)

Revenue 5Y
1.91%
Profit 5Y
-2.56%
Revenue (YoY)
8.70%
Earnings (YoY)
-11.80%

PROS

  • Attractive dividend yield of 3.85%.
  • Generates positive free cash flow.

CONS

  • Earnings shrank at -2.6% CAGR over 5 years.
  • Trading 28.9% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MDT Medtronic plc SPX 73.81 20.62 $94.76B 3.85% 8.07% 9.39% 1.91% -2.56%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
Ad space

Quarterly Results

Figures in USD.

Metric Apr 2015Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Oct 2019Jan 2020Apr 2020Jul 2020Oct 2020Jan 2021Jul 2021Oct 2021Jan 2022Jul 2022Oct 2022Jan 2023Jul 2023Oct 2023Jan 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026
Revenue ---------7.39B7.05B7.37B8.14B7.38B7.48B7.55B8.15B7.49B7.71B7.72B6.00B6.51B7.65B7.78B7.99B7.85B7.76B7.37B7.58B7.73B7.70B7.98B8.09B7.92B8.40B8.29B8.93B8.58B8.96B9.02B
Cost of Revenue -----------------------------------2.78B3.15B3.00B3.06B3.26B
Gross Profit 4.37B4.82B4.88B4.79B5.20B4.91B5.02B5.01B5.48B5.04B4.93B5.17B5.75B5.18B5.28B5.28B5.66B5.13B5.31B5.32B3.73B--------------5.51B5.78B5.58B5.90B5.76B
Operating Expenses -----------------------------------3.80B3.98B4.06B4.20B4.15B
Operating Income -1.13B1.30B1.35B-1.17B1.39B1.15B-1.38B1.89B1.44B-1.24B1.54B1.54B-1.49B1.35B1.64B-673.00M930.00M1.28B859.00M1.56B1.66B1.12B1.40B1.39B1.27B1.34B1.48B1.28B1.59B1.71B1.80B1.52B1.70B1.60B
EBITDA -----------------------------------2.40B2.27B2.23B2.52B2.33B
Interest Expense -----------------------------------179.00M174.00M176.00M181.00M181.00M
Pretax Income -----------------------------------1.54B1.26B1.30B1.60B1.40B
Tax Provision -----------------------------------237.00M199.00M255.00M215.00M254.00M
Net Income -1.00M820.00M520.00M1.09B1.10B929.00M1.11B821.00M1.16B1.02B2.02B-1.39B1.46B1.07B1.11B1.27B1.17B864.00M1.36B1.92B646.00M487.00M489.00M1.27B763.00M1.31B1.48B929.00M427.00M1.22B791.00M909.00M1.32B1.04B1.27B1.29B1.06B1.04B1.37B1.14B
Diluted EPS 0.000.570.360.770.780.660.800.590.840.741.48-1.031.070.790.820.940.870.641.011.420.480.360.360.940.560.971.100.700.320.920.590.680.990.800.991.010.820.811.070.89

Profit & Loss (Annual)

Figures in USD.

Metric Apr 2013Apr 2014Apr 2015Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Revenue ----29.71B29.95B30.56B28.91B30.12B31.69B31.23B32.36B33.54B
Cost of Revenue ---------10.14B10.72B11.22B11.63B
Gross Profit -12.67B13.95B19.69B20.42B20.90B---21.54B20.51B21.15B21.91B
Operating Expenses ---------15.63B14.68B15.63B15.37B
Operating Income 4.40B3.81B3.77B5.36B5.38B6.64B6.27B4.79B4.48B5.91B5.83B5.52B6.54B
EBITDA ---------8.78B8.70B8.20B9.22B
Interest Expense ---------553.00M636.00M719.00M729.00M
Pretax Income ---------5.52B5.36B4.84B5.63B
Tax Provision ---------456.00M1.58B1.13B936.00M
Net Income 3.47B3.06B2.67B3.54B4.03B3.10B4.63B4.79B3.61B5.04B3.76B3.68B4.66B
Diluted EPS 3.373.022.412.482.892.273.413.542.663.732.822.763.61

Compounded Sales Growth

5 Years:1.91%
1 Year:8.70%

Compounded Profit Growth

5 Years:-2.56%
1 Year:-11.80%

Stock Price Performance

1 Year:-8.22%
6 Months:-28.85%
3 Months:-23.80%
1 Month:-7.01%

Balance Sheet (Annual)

Figures in USD.

Metric Apr 2012Apr 2013Apr 2014Apr 2015Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Total Assets --37.94B106.69B99.64B99.86B91.39B89.69B90.69B93.08B90.98B90.95B89.98B91.68B
Current Assets ----------23.06B21.68B21.93B23.81B
Cash & Equivalents 1.17B919.00M1.40B4.84B2.88B4.97B3.67B4.39B4.14B3.59B3.71B1.54B1.28B2.22B
Inventory ----------4.62B5.29B5.22B5.48B
Receivables ----------5.55B6.00B6.13B6.51B
Total Liabilities --18.50B53.45B47.58B49.53B40.57B39.48B39.82B41.48B38.26B39.28B39.56B43.42B
Current Liabilities --5.56B9.17B7.17B14.26B10.08B8.47B10.37B8.51B12.39B9.05B10.79B12.88B
Long Term Debt ---33.17B29.94B25.87B23.69B24.55B22.14B-20.32B24.29B23.88B25.59B
Total Debt ----------24.11B24.36B25.02B28.52B
Total Equity 17.11B18.67B19.44B53.23B52.06B50.21B50.72B50.09B50.74B51.43B52.55B51.48B50.21B48.02B
Shares Outstanding ----------1.33B1.33B1.31B1.28B

Cash Flows (Annual)

Figures in USD.

Metric Apr 2013Apr 2014Apr 2015Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Operating Cash Flow -4.96B4.90B5.22B6.88B4.68B7.01B7.23B6.24B7.35B6.04B6.79B7.04B
Investing Cash Flow --3.59B-17.06B2.25B-1.57B5.86B-774.00M-3.20B-2.87B-1.66B-3.49B-2.37B-1.94B
Financing Cash Flow --918.00M15.95B-9.54B-3.28B-11.95B-5.43B-4.20B-4.14B-5.34B-4.96B-4.45B-4.36B
Capital Expenditure -457.00M-396.00M-571.00M-1.05B-1.25B-1.07B-1.13B-1.21B-1.35B-1.37B-1.46B-1.59B-1.86B
Free Cash Flow -4.56B4.33B4.17B5.63B3.62B5.87B6.02B4.88B5.98B4.58B5.20B5.18B
Net Change in Cash ---------352.00M-2.41B-29.00M746.00M
Share Buybacks 1.25B2.55B1.92B2.83B3.54B2.17B2.88B1.33B652.00M2.54B645.00M2.14B3.23B

Ratios (Annual)

Figures in %.

Metric Apr 2013Apr 2014Apr 2015Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Gross Margin % ----68.7%69.8%---68.0%65.7%65.3%65.3%
Operating Margin % ----18.1%22.2%20.5%16.6%14.9%18.6%18.7%17.1%19.5%
Net Margin % ----13.6%10.4%15.2%16.6%12.0%15.9%12.0%11.4%13.9%
ROE % 18.6%15.8%5.0%6.8%8.0%6.1%9.2%9.4%7.0%9.6%7.3%7.3%9.7%
ROCE % -11.8%3.9%5.8%6.3%8.2%7.7%6.0%5.3%7.5%7.1%7.0%8.3%

Shareholding Pattern

Insiders
0.31%
Institutions
89.41%
Public Float
89.69%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.82% 113.18M $8.35B
2 Vanguard Capital Management LLC 6.49% 83.33M $6.15B
3 State Street Corporation 4.81% 61.74M $4.56B
4 JPMORGAN CHASE & CO 3.97% 50.97M $3.76B
5 Capital Research Global Investors 3.27% 41.93M $3.09B
6 Vanguard Portfolio Management LLC 2.61% 33.45M $2.47B
7 Geode Capital Management, LLC 2.24% 28.74M $2.12B
8 Bank of America Corporation 2.03% 26.02M $1.92B
9 Massachusetts Financial Services Co. 1.67% 21.44M $1.58B
10 Morgan Stanley 1.61% 20.72M $1.53B

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