Score Your Stock

US stock · figures in US dollars · scored on full-year results

Medtronic Medtronic plc. Ordinary Shares

MDT · Healthcare · Medical Devices
Top 29% of scored stocks
OkayTop 29% of scored stocks
Weak Spot

Medtronic scores 62/100 on fundamentals: in the top 29% of 503 scored S&P 500 stocks. Its strongest area is Financial Safety (83/100); its weakest is Price Fairness (17/100). It carries 1 warning flag: Weak Spot.

Best
Financial 83
Weakest
Price 17
  • Carries a Weak Spot flag

A financially strong, expensively priced stock, but price fairness needs attention.

Mkt capUS$ 123.5b#99 of 503 in the S&P 500EPSUS$ 4.07P/E23.6×✓ vs sector median 30.5×P/B2.5×✓ vs sector median 4×Div yield3%✓ Top 20% in the S&P 50052w range · 70% of range73.31106.33
as of 31 Oct 2026

One-Minute Summary

Why Medtronic scores 62

A financially strong, expensively priced stock, but price fairness needs attention.

Business Strength

70
Why 70?
Pillar score: (1 + 1 + 2 + 1 + 2) = 7 of 10 points → 70
Return on Equity (ROE)10%Okay4-Year Revenue Growth+5%/yrOkay4-Year Profit Growth+12%/yrStrongNet Profit Margin14%OkayQuarterly Momentum+10%Strong
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↑ +42.3%Equity → +0%ROE % 10.4%
Net ProfitEquityROE %
3.7b4.7b4.8b5.2b50.2b48.0b49.5b50.2b202420252026TTM7.3%9.7%9.7%10.4%

Revenue & Net Profit, with Net Margin

Revenue ↑ +16%Net Profit ↑ +42.3%Net Margin % 13.9%
RevenueNet ProfitNet Margin %
32.4b33.5b36.4b37.5b3.7b4.7b4.8b5.2b202420252026TTM11.4%13.9%13.2%13.9%

Sales grew about 16% over 4 years: customers keep spending more with this company.

Profit climbed about 42.3% over 4 years: the business keeps more money as it grows.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +16.1%Net Profit ↑ +15.7%Net Margin % 15.1%
RevenueNet ProfitNet Margin %
8.4b8.3b8.9b8.6b9.0b9.0b9.8b9.8b1.3b1.3b1.1b1.0b1.4b1.1b1.2b1.5bQ4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'2615.1%15.6%11.8%12.1%15.3%12.7%12.7%15.1%
▲▬▲▬▲▼▲▲

Sales grew about 16.1% over the last 8 quarters: customers keep spending more with this company.

Profit grew about 15.7% over the last 8 quarters: the business is keeping more of what it earns.

Why 83?
Pillar score: (1 + 2 + 2) = 5 of 6 points → 83
Debt-to-Equity0.6×OkayCurrent Ratio2.1×StrongInterest Coverage10.1×Strong
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↑ +12.5%Equity → +0%D/E 0.6×
Total DebtEquityD/E
25.0b28.5b28.0b28.2b50.2b48.0b49.5b50.2b202420252026TTM0.5×0.6×0.6×0.6×

Borrowings have stayed roughly level: manageable, as long as profits stay healthy.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +11.2%Current Liabilities ↑ +9.4%Current Ratio 2.1×
Current AssetsCurrent LiabilitiesCurrent Ratio
21.9b23.8b24.8b24.4b10.8b12.9b11.7b11.8b202420252026TTM2×1.8×2.1×2.1×
Why 63?
Pillar score: (0 + 2 + 2 + 1) = 5 of 8 points → 63
Dividend Quality3%Weak
Payout ratio: 70%
Operating Cash FlowPositive & growingStrongFree Cash FlowPositive & growingStrongCash & Cash EquivalentsPartly healthyOkay
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +18.4%Free CF ↑ +17.9%
Operating CFFree CF
6.8b7.0b7.3b8.0b5.2b5.2b5.4b6.1b202420252026TTM

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↑ +31.7%Short-Term Debt ↑ +133.5%Total Debt ↑ +12.5%
CashShort-Term DebtTotal Debt
1.3b2.2b1.9b1.7b1.1b2.9b1.8b2.5b25.0b28.5b28.0b28.2b202420252026TTM

Dividends per Share, with Yield

DPS (cents) ↑ +4.4%Yield % 3%
DPS (cents)Yield %
6868696969707071717127227628028420232024202520263.6%3.7%3.5%3%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 17?
Pillar score: (0 + 0 + 1) = 1 of 6 points → 17
P/E Ratio23.6×WeakP/B Ratio2.5×WeakPEG Ratio1.9Okay
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 101.95US$ 87.25US$ 72.56Oct '25Feb '26Jun '26Oct '26

The share price is up about 10% over the past year.

Why 75?
Pillar score: (2 + 0 + 2 + 1 + 2 + 2) = 9 of 12 points → 75
Earnings ConsistencySteadyStrongDebt Trend (4yr)RisingWeakShare Count Trend (4yr)-1%/yrStrongInventory vs Sales (4yr)+0.9 pp/yr vs salesOkayAsset Turnover Trend (4yr)+11.9%StrongQuarterly Consistency1 of 4 quarters downStrong
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +16%Inventory ↑ +19.1%Inv. % of Rev. 16.6%
RevenueInventoryInv. % of Rev.
32.4b33.5b36.4b37.5b5.2b5.5b6.0b6.2b202420252026TTM16.1%16.3%16.4%16.6%
Ranks #18 of 60 in Healthcare by score

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B RatioPEG Ratio
2027US$ 37.5bUS$ 5.2bUS$ 8.0bUS$ 6.1bUS$ -1.9bUS$ 1.7bUS$ 28.2bUS$ 2.5bUS$ 50.2bUS$ 24.4bUS$ 11.8bUS$ 93.3bUS$ 42.5bUS$ 6.2b-10%14%0.6×2.1×10.1×70%----
2026US$ 36.4bUS$ 4.8bUS$ 7.3bUS$ 5.4bUS$ -1.9bUS$ 1.9bUS$ 28.0bUS$ 1.8bUS$ 49.5bUS$ 24.8bUS$ 11.7bUS$ 93.0bUS$ 43.0bUS$ 6.0bUS$ 284.0m10%13%0.6×2.1×9.6×76%4%21.0×2.0×2.5
2025US$ 33.5bUS$ 4.7bUS$ 7.0bUS$ 5.2bUS$ -1.9bUS$ 2.2bUS$ 28.5bUS$ 2.9bUS$ 48.0bUS$ 23.8bUS$ 12.9bUS$ 91.7bUS$ 43.4bUS$ 5.5bUS$ 280.0m10%14%0.6×1.9×8.7×77%3%22.2×2.2×-
2024US$ 32.4bUS$ 3.7bUS$ 6.8bUS$ 5.2bUS$ -1.6bUS$ 1.3bUS$ 25.0bUS$ 1.1bUS$ 50.2bUS$ 21.9bUS$ 10.8bUS$ 90.0bUS$ 39.6bUS$ 5.2bUS$ 276.0m7%11%0.5×2.0×7.7×100%4%26.9×2.0×41.8