MD
MDT
Market ClosedMedtronic plc
US
95.00K employees
CEO: Geoffrey Straub Martha
Founded: 1973
$79.34
+$0.00(+NaN%)
Market Cap
101.86B
Beta
0.60
52W Range
N/A
Dividend Yield
3.58%
Financial Statements
Comprehensive breakdown of financial statements and performance metrics
Gross Margin
65.0%
7.9%
CAGR: 2.4%
Profit after direct costs
Operating Margin
17.8%
8.6%
CAGR: 3.0%
Core business profitability
Net Margin
13.2%
3.0%
CAGR: -1.2%
Bottom line profitability
Revenue Growth
8.4%
YoY
CAGR: 3.5%
Top line growth rate
Revenue Flow Analysis
Visual flow showing how MDT allocates revenue across expenses and profit
Fiscal Year 2026
Revenue Distribution
Flow of revenue through cost categories to net income
Gross Margin
65.0%
$23.64B
Operating Margin
17.8%
$6.47B
Net Margin
13.2%
$4.80B
Detailed Income Statement
Complete profit and loss breakdown with margin analysis and historical comparison
| Item | Trend | 2022 | 2023 | 2024 | 2025 | 2026 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 31.69B | 31.23B | 32.36B | 33.54B | 36.36B | 8.4% | |
| Cost of Revenue | (10.14B) | (10.72B) | (11.22B) | (11.63B) | (12.72B) | 9.4% | |
Gross Profit | 21.54B | 20.51B | 21.15B | 21.91B | 23.64B | 7.9% | |
| Operating Expenses | |||||||
| Research & Development | (2.75B) | (2.70B) | (2.73B) | (2.73B) | (2.87B) | 5.2% | |
| Selling, General & Administrative | (10.29B) | (10.41B) | (10.74B) | (10.85B) | (11.78B) | 8.6% | |
| Depreciation & Amortization | (2.71B) | (2.70B) | (2.65B) | (2.86B) | — | -100.0% | |
Operating Income (EBIT) | 5.75B | 5.49B | 5.14B | 5.96B | 6.47B | 8.6% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | — | — | — | |
| Interest Expense | (553.00M) | (636.00M) | (719.00M) | (729.00M) | (715.00M) | -1.9% | |
| Other Income/Expenses (Net) | -235.00M | -121.00M | -307.00M | -327.00M | -331.00M | 1.2% | |
Income Before Tax | 5.52B | 5.36B | 4.84B | 5.63B | 6.14B | 9.0% | |
| Income Tax Expense | (456.00M) | (1.58B) | (1.13B) | (936.00M) | (1.30B) | 38.8% | |
Net Income | 5.04B | 3.76B | 3.68B | 4.66B | 4.80B | 3.0% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $4 | $3 | $3 | $4 | $4 | 3.3% | |
| Weighted Avg Shares Outstanding | 1.34B | 1.33B | 1.33B | 1.29B | 1.28B | -0.3% | |
| Weighted Avg Shares Outstanding (Diluted) | 1.35B | 1.33B | 1.33B | 1.29B | 1.29B | -0.1% | |
EBITDA | 8.78B | 8.70B | 8.20B | 9.22B | 6.85B | -25.7% |
Explore MDT
MDT in the Healthcare
Large Cap