Medtronic plc

Medtronic plcverified

MDT

Price:

$80.51

Market Cap:

$103.37B

Medtronic plc is a leading global medical technology enterprise that invents, develops, manufactures, and distributes an extensive range of device-based medical therapies. These solutions serve healthcare systems, clinicians, physicians, and patients across the world. The company's operations are categorized into several key portfolios: Cardiovascular Portfolio: This segment focuses on cardiac health, providing technologies for heart rhythm management, including implantable pacemakers, defibrillators, and monitoring systems, alongside cardiac ablation tools and remote patient software. It also addresses structural heart issues with products like aortic and pulmonary valves, surgical repair d...[Read more]

Industry

Medical - Devices

IPO Date

1973-05-02

Stock Exchange

NYSE

Ticker

MDT

The PE Ratio as of June 2026 (TTM) for Medtronic plc (MDT) is 21.58

According to Medtronic plc’s latest financial reports and current stock price. The company's current PE Ratio is 21.58. This represents a change of -13.89% compared to the average of 25.06 of the last 4 quarters.

Medtronic plc (MDT) Historical PE Ratio (quarterly & annually)

How has MDT PE Ratio performed in the past?

The mean historical PE Ratio of Medtronic plc over the last ten years is 30.04. The current 21.58 PE Ratio has changed 7.08% with respect to the historical average. Over the past ten years (40 quarters), MDT's PE Ratio was at its highest in in the October 2020 quarter at 69.12. The PE Ratio was at its lowest in in the January 2018 quarter at -21.15.

Quarterly (TTM)
Annual

Average

30.04

Median

28.23

Minimum

22.25

Maximum

48.83

Medtronic plc (MDT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Medtronic plc PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 75.64%

Maximum Annual PE Ratio = 48.83

Minimum Annual Increase = -43.06%

Minimum Annual PE Ratio = 22.25

Quarterly (TTM)
Annual
YearPE RatioChange
202622.25-4.13%
202523.21-19.42%
202428.80-10.51%
202332.1815.76%
202227.80-43.06%
202148.8375.64%
202027.807.67%
201925.82-26.28%
201835.0222.17%
201728.67-9.10%

Medtronic plc (MDT) Average PE Ratio

How has MDT PE Ratio performed in the past?

The current PE Ratio of Medtronic plc (MDT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

24.75

5-year avg

26.85

10-year avg

30.04

Medtronic plc (MDT) PE Ratio vs. Peers

How is MDT’s PE Ratio compared to its peers?

Medtronic plc’s PE Ratio is less than Stryker Corporation (35.29), greater than HCA Healthcare, Inc. (13.15), greater than Boston Scientific Corporation (19.37), greater than McKesson Corporation (19.84), less than Vertex Pharmaceuticals Incorporated (27.00), greater than Sanofi (8.73), less than Edwards Lifesciences Corporation (47.14), greater than Bristol-Myers Squibb Company (15.74), greater than GSK plc (13.60), less than CVS Health Corporation (43.52),

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