Medtronic plc

Medtronic plc

MDTยทNYSE

$77.95

+5.7%
HealthcareMedical - Devices

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its 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 products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.

At a Glance

Live Snapshot
Market Cap$100.08B
EPS3.6300
P/E Ratio21.47
Earnings Date06/03/2026
3Y-4.0%
5Y-3.0%
10Y+35.0%
3Y+17.0%
5Y-40.0%
10Y-186.0%
3Y-18.0%
5Y+4.0%
10Y-54.0%
MDT

Medtronic plc Cash Conversion Engine

MDT ยท NYSE
Net Income4.69B
Depreciation & Amortization2.86B
Stock-Based Compensation429.00M
Change in Working Capital-1.05B
Others433.00M
Capital Expenditures-1.86B
Free Cash Flow5.18B

Cash Flow Quality Analysis

FCF Conversion Rate

110.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

26.4%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-0.3%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$1.05B

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Medtronic plc Cash Flow Statement

MDT โ€ข NYSE

Medtronic plc Cash Flow StatementApr 2025Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010Apr 2009Apr 2008Apr 2007Apr 2006
OPERATING ACTIVITIES
4.7B
3.7B
3.8B
5.1B
3.6B
4.8B
4.7B
3.1B
4B
3.5B
2.7B
3.1B
3.5B
3.6B
3.1B
3.1B
2.2B
2.2B
2.8B
2.5B
2.9B
2.6B
2.7B
2.7B
2.7B
2.7B
2.7B
2.6B
2.9B
2.8B
1.3B
850M
819M
862M
804M
772M
699M
637M
583M
543.6M
-316M
-508M
-226M
-604M
-422M
-1.3B
-304M
-919M
-459M
-460M
-926M
-207M
60M
14M
153M
144M
-116M
-49M
-236M
104.7M
429M
393M
355M
359M
344M
297M
290M
344M
348M
376M
439M
145M
152M
161M
198M
226M
237M
217M
0.0
0.0
433M
1.1B
396M
711M
687M
722M
792M
-307M
-89M
34M
-156M
888M
151M
-84M
502M
214M
620M
459M
278M
502M
(1.8B)
(1.6B)
(1.5B)
(996M)
(1.3B)
(878M)
(1.6B)
(2.5B)
(1B)
(1.4B)
(632M)
(521M)
(537M)
(454M)
(826M)
(571M)
(436M)
(717M)
(0.0)
(0.0)
-1.1B
-484M
-967M
-889M
-701M
61M
-1.1B
-173M
139M
-1.1B
1.6B
218M
234M
-100M
-1B
-324M
269M
-6M
-448M
-1.5B
7B
6.8B
6B
7.3B
6.2B
7.2B
7B
4.7B
6.9B
5.2B
4.9B
5B
4.9B
4.5B
3.7B
4.1B
3.9B
3.5B
3B
2.2B
INVESTING ACTIVITIES
-1.9B
-1.6B
-1.5B
-1.4B
-1.4B
-1.2B
-1.1B
-1.1B
-1.3B
-1B
-571M
-396M
-457M
-528M
-548M
-635M
-663M
-606M
-694M
-1.2B
-98M
-211M
-1.9B
-91M
-994M
-488M
-1.8B
(5.9B)
-1.3B
-1.2B
-14.9B
-385M
-820M
-617M
-1.3B
-350M
-1.6B
-4.2B
-8M
-285.2M
-8.2B
-7.7B
-7.5B
-9.9B
-11.8B
-11B
-2.5B
-3.2B
-4.4B
-5.4B
-7.6B
-10.9B
-10B
-8.1B
-6.2B
-7.4B
-3B
-6.4B
-11.8B
-8.1B
8.5B
7.4B
7.3B
9.7B
11.3B
9.6B
4.7B
4.2B
5.4B
9.9B
5.9B
8.1B
8.2B
6.1B
6.4B
3.8B
2.8B
8.6B
10.9B
6.6B
-249M
-261M
4M
-10M
-54M
-37M
36M
-22M
22M
-14M
89M
-29M
-14M
470M
-129M
-87M
-338M
-87M
-56M
100.5M
-1.9B
-2.4B
-3.5B
-1.7B
-2.9B
-3.2B
-774M
(5.9B)
-1.6B
(2.2B)
-17.1B
-3.6B
-3.1B
-2.7B
-1.8B
-4.8B
-2.7B
-2.8B
-1.7B
-2.9B
FINANCING ACTIVITIES
-2.7B
-1.9B
-337M
-2.1B
-178M
-664M
-1.9B
-1.8B
-3.1B
-2.3B
-1.3B
-1.2B
-980M
-1.3B
-1.1B
-865M
-343M
-1.1B
-708M
-3.6B
2.1B
1.1B
-598M
-1M
-570M
-559M
-867M
-7.6B
2.2B
-5.1B
18.7B
1.4B
-26M
601M
18M
2.5B
317M
831M
-1.8B
5.4B
-3.6B
-3.7B
-3.6B
-3.4B
-3.1B
-2.9B
-2.7B
-2.5B
-2.4B
-2.1B
-1.3B
-1.1B
-1.1B
-1B
-969M
-907M
-843M
-565M
-504M
-464.8M
-3.2B
-2.1B
-645M
-2.5B
-652M
-1.3B
-2.9B
-2.2B
-3.5B
-2.8B
-1.9B
-2.6B
-1.2B
-1.4B
-1.1B
-1B
-759M
-1.5B
-1B
-4.7B
-184M
-3M
-101M
163M
206M
581M
14M
-94M
26M
60M
-116M
1.3B
-40M
-118M
0.0
0.0
24M
40M
36M
-557.8M
-4.4B
-4.5B
-5B
-5.3B
-4.1B
-4.2B
-5.4B
-12B
-3.3B
-9.5B
15.9B
-918M
-2.1B
-1.9B
-2B
764M
-845M
-835M
-3B
1.3B
CASH FLOW SUMMARY
188M
-230M
243M
-230M
215M
-86M
-78M
114M
65M
113M
-353M
37M
7M
-71M
62M
-7M
-82M
-60M
-5M
104.9M
934M
-259M
-2.2B
121M
-547M
-253M
724M
-1.3B
2.1B
-2B
3.4B
484M
-264M
-134M
-18M
129M
211M
-196M
-1.7B
762.1M
1.3B
1.5B
3.7B
3.6B
4.1B
4.4B
3.7B
5B
2.9B
4.8B
1.4B
919M
1.2B
1.4B
1.4B
1.3B
1.1B
1.3B
3B
2.2B
2.2B
1.3B
1.5B
3.7B
3.6B
4.1B
4.4B
3.7B
5B
2.9B
4.8B
1.4B
984M
1.2B
1.4B
1.4B
1.3B
1.1B
1.3B
3B
5.2B
5.2B
4.6B
6B
4.9B
6B
5.9B
3.6B
5.6B
4.2B
4.3B
4.6B
4.4B
3.9B
3.2B
3.5B
3.2B
2.9B
2.3B
963.2M

SEC Filings

MDT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 18, 2026
May 18, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 24, 2026
2026
8-K

8-K 2026

N/A

March 24, 2026
March 24, 2026
2026
10-Q

10-Q 2026 Q1

Q1

February 24, 2026
January 23, 2026
2026
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
10-Q

10-Q 2025 Q4

Q4

November 25, 2025
October 24, 2025
2025
8-K

8-K 2025

N/A

November 18, 2025
November 18, 2025
2025
8-K

8-K 2025

N/A

November 03, 2025
November 01, 2025
2025
8-K

8-K 2025

N/A

October 21, 2025
October 16, 2025
2025
8-K

8-K 2025

N/A

September 29, 2025
September 29, 2025
2025
Showing 1 to 10 of 199 filings