Medtronic plc (MDT) Factsheet

Medtronic plc (MDT) Stock Analysis

Analysis from 10-Q filed 2025-11-25. Data as of Q1 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 6.5%. FCF margin 15.2%. D/E 0.6x. Source: 10-Q filed 2025-11-25.

Metric Value Context
ROIC 6.5% Below expectations
FCF Margin 15.2% Strong cash generation
Debt/Equity 0.6x Moderate leverage

ROIC 6.5% — Top 50% of sector peers. FCF margin 15.2% — Top 5%.

Explore Medtronic plc: Earnings History | Filings | ROIC Analysis

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for MDT: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.


Profitability: Medtronic plc earns 6.5% ROIC, Top 50% in Healthcare

ROIC TTM 6.5%, sector median -2.8%, Top 50%. DuPont: NOPAT margin 14.2% × asset turnover 0.4x. Gross margin 64.9%. Operating margin 17.0%. Source: 10-Q filed 2025-11-25.

Metric MDT Rating Context
Return on Invested Capital (ROIC) 6.5% Warning Above sector median of -2.8%
Return on Equity (ROE) 9.5% Adequate Moderate equity returns
Gross Margin 64.9% Excellent Strong pricing power
Operating Margin 17.0% Good Efficient operations

Cash Flow: Medtronic plc generates $5.4B FCF at 15.2% margin, positive NaN/8 quarters

FCF TTM $5.4B. FCF margin 15.2%, Top 5%. OCF/Net income 1.6x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-11-25.

Metric MDT Rating Context
Free Cash Flow Margin 15.2% Good Excellent cash conversion
Free Cash Flow (TTM) $5.4B Good Positive cash generation
OCF/Net Income 1.6x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: Medtronic plc at 0.6x leverage

Debt/Equity 0.6x. Total debt $28.1B, cash & investments $8.4B. Source: 10-Q filed 2025-11-25.

Metric MDT Rating Context
Debt to Equity 0.6x Good Moderate leverage
Net Cash Position $-19.7B Warning Net debt position

Valuation: Medtronic plc trades at 28.0x earnings

P/E 28.0x. EV/Sales 4.2x. FCF yield 4.2%. Dividend yield 2.8%. Source: 10-Q filed 2025-11-25.

Metric MDT Rating Context
P/E Ratio 28.0x Adequate Premium valuation
EV/Sales 4.2x Good Growth premium priced in
FCF Yield 4.2% Good Lower cash yield
Dividend Yield 2.8% Adequate Growth focus over income

Capital Allocation: Medtronic plc returns 3.5% shareholder yield

Total shareholder yield 3.5% (div 2.8% + buyback 0.7%). Capital returned $4.5B TTM. Source: 10-Q filed 2025-11-25.

Metric MDT Rating Context
Total Shareholder Yield 3.5% Good Dividend + buyback yield combined
Buyback Yield 0.7% Adequate Minimal buyback activity
Total Capital Returned (TTM) $4.5B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 6.5% Top 50% -
Free Cash Flow Margin 15.2% Top 5% -
Gross Margin 64.9% Top 50% 1.0x above
Operating Margin 17.0% Top 25% 7.5x above
Return on Equity (ROE) 9.5% Top 50% -
P/E Ratio 28.0x N/A -

Financial Scorecard

Metric MDT Rating Sector Context
Return on Invested Capital (ROIC) 6.5% Warning Top 50% of sector (median: -2.8%)
Free Cash Flow Margin 15.2% Good Top 5% of sector (median: 0.0%)
Gross Margin 64.9% Excellent Top 50% of sector (median: 63.7%)
Debt to Equity Ratio 57.3% Good Moderate leverage
P/E Ratio (Price-to-Earnings) 28.0x Adequate Growth premium
Free Cash Flow Yield 4.2% Adequate Moderate yield

Frequently Asked Questions

Q: What is Medtronic plc's Return on Invested Capital (ROIC)?

Medtronic plc (MDT) has a trailing twelve-month Return on Invested Capital (ROIC) of 6.5%. Sector median -2.8%. Source: 10-Q filed 2025-11-25.

Q: What is Medtronic plc's Free Cash Flow Margin?

Medtronic plc (MDT) has a free cash flow margin of 15.2%, generating $5.4 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-11-25.

Q: What is Medtronic plc's P/E ratio and how does it compare to peers?

Medtronic plc (MDT) trades at a P/E ratio of 28.0x, which is above the sector median of N/A. EV/Sales 4.2x. FCF yield 4.2%. Source: 10-Q filed 2025-11-25.

Q: Does Medtronic plc pay a dividend?

Medtronic plc (MDT) currently pays a dividend yield of 2.8%. Total shareholder yield (dividend + buybacks) 3.5%. Source: 10-Q filed 2025-11-25.

Q: How much debt does Medtronic plc have?

Medtronic plc (MDT) has a debt-to-equity ratio of 0.6x with total debt of $28.1 billion. Net debt $19.7 billion. Source: 10-Q filed 2025-11-25.

Q: What is Medtronic plc's revenue and earnings growth?

Medtronic plc (MDT) grew revenue by 6.9% year-over-year. EPS +9.1% YoY. Source: 10-Q filed 2025-11-25.

Q: Is Medtronic plc buying back stock?

Medtronic plc (MDT) repurchased $874.0 million of stock over the trailing twelve months. This represents a buyback yield of 0.7%. Source: 10-Q filed 2025-11-25.

Q: How does Medtronic plc compare to competitors in Healthcare?

Compared to other companies in Healthcare, Medtronic plc (MDT) shows: ROIC 6.5%, sector median -2.8% (Top 50%). FCF margin 15.2%, sector median 0.0% (Top 5%). Gross margin 64.9%, 1.2pp above sector median. These rankings are based on MetricDuck's analysis of all Healthcare companies with available SEC filings.

Q: What warning signs should I watch for with Medtronic plc?

No quantitative warning flags fired for Medtronic plc (MDT) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2025-11-25.


Data Source: Data sourced from 10-Q filed 2025-11-25. TTM metrics as of Q1 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.