Medtronic (MDT) Stock Price, Fundamentals & Analysis
Price
89.3 USD
-1.62%
Price history
Over the past year MDT traded between 73.75 USD and 105.35 USD, closing at 89.3 USD on Sep 24, 2026.
Key statistics
| Market cap | 114.23B USD |
|---|---|
| P/E ratio (TTM) | 22.2 |
| Forward P/E | 13.9 |
| EPS (TTM) | 4.02 USD |
| Dividend yield | 3.17% |
| Annual dividend | 2.88 USD |
| Ex-dividend date | Sep 25, 2026 |
| Payout ratio | 70% |
| 52-week range | 73.31 – 106.33 |
| 52-week change | -5.2% |
| Beta | 0.57 |
| Price / book | 2.28 |
| Revenue (TTM) | 37.54B USD |
| Revenue growth (YoY) | 13.7% |
| Gross margin | 65.3% |
| Operating margin | 19.3% |
| Profit margin | 13.9% |
| Return on equity | 10.6% |
| Debt / equity | 55.4 |
| Volume | 10,531,922 |
| Average volume | 8,054,185 |
| Next earnings | Nov 17, 2026 |
| Exchange | NYSE |
Profile
- Sector
- Healthcare
- Industry
- Medical Devices
- Employees
- 95,000
- Headquarters
- Galway, Ireland
- Website
- medtronic.com
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. It operates through three segments: The Cardiovascular Portfolio, Neuroscience Portfolio, and Medical Surgical Portfolio. The 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, left atrial appendage exclusion systems, extracorporeal membrane oxygenation (ECMO) systems and percutaneous coronary intervention products, percutaneous angioplasty balloons, and endovenous products.
Overview
What MDT does
Medtronic (MDT) develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. It operates through three segments: the Cardiovascular Portfolio, Neuroscience Portfolio, and Medical Surgical Portfolio. The Cardiovascular Portfolio includes implantable cardiac pacemakers, cardioverter defibrillators, cardiac resynchronization therapy devices, cardiac ablation products, insertable cardiac monitor systems, TYRX products, and remote monitoring software, as well as aortic valves, surgical valve replacement and repair products, endovascular stent grafts, transcatheter pulmonary valves, left atrial appendage exclusion systems, ECMO systems, percutaneous coronary intervention products, percutaneous angioplasty balloons, and endovenous products. Medtronic is part of the S&P 500.
Key numbers explained
- 89.3 USD is the current share price, the amount you would pay for one share today.
- The trailing P/E ratio of 22.2 compares the current price to the last 12 months of earnings per share (4.02 USD); a higher number can mean the market expects faster growth.
- The forward P/E ratio of 13.9 uses expected future earnings, which can make the stock look cheaper if earnings are projected to grow.
- The dividend yield of 3.17% shows the annual dividend as a percentage of the current price; it reflects the cash income you would receive relative to the share price.
- The ex-dividend date of Sep 25, 2026 is the cutoff: you must own the stock before this date to receive the next dividend payment.
- 70% of earnings are paid out as dividends, meaning the company returns a large share of its profit to shareholders.
- The beta of 0.57 suggests the stock tends to move less than the overall market; it is often seen as a lower-volatility holding.
- The 52-week range of 73.31 – 106.33 shows the lowest and highest prices over the past year, and the price is currently -5.2% from one year ago.
Recent news
- Medtronic (MDT) beat Q1 expectations, which led to target hikes, but analysts remain divided on whether the stock deserves a higher valuation.
- Reports highlight the growing surgical devices market and the rising role of AI in healthcare, both areas where Medtronic operates.
- Coverage also references the minimally invasive robotic surgical system market, where Medtronic is benchmarked alongside peers such as Intuitive Surgical (ISRG).
What to watch
- Healthcare policy and reimbursement changes can affect demand for device-based therapies.
- Product launches and regulatory approvals in the cardiovascular and surgical segments may drive future revenue.
- Currency movements matter because Medtronic operates internationally, and the euro-dollar exchange rate can influence reported results.
- Competition from peers such as Regeneron Pharmaceuticals (REGN) and Amgen (AMGN) in adjacent health-tech and biotech spaces can shape market expectations.
Latest news & filings
- Medtronic (MDT): Q1 Beat Sparks Target Hikes, but Wall Street Splits on Re-Rating Case
Insider Monkey · Sep 23, 2026
- Surgical Devices Market Size to Worth USD 27.14 Billion by 2030, at a CAGR of 14.7% – MarketsandMarkets™
GlobeNewswire · Sep 23, 2026
- Top 3 AI Healthcare Stocks With Revenue Growth Up To 24%
Simply Wall St. · Sep 23, 2026
- Medical Textile Market Global Report 2026: A $39.53 Billion Revenue Surge to $64.28 Billion by 2030 at 26.9% CAGR, Benchmark 3M, Medline Industries, Cardinal Health, and DuPont to Secure Market Share
GlobeNewswire · Sep 23, 2026
- Minimally Invasive Robotic Surgical System Market Global Report 2026: Benchmark Intuitive Surgical, Johnson & Johnson, Medtronic, Stryker and Zimmer Biomet Now
GlobeNewswire · Sep 23, 2026
- Jim Cramer Called Medtronic a "Quandary." Here's Why He's Exactly Right.
Motley Fool · Sep 22, 2026
- Why Is JNJ Stock Beating Rivals That Grow Faster?
Trefis · Sep 22, 2026
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Trefis · Sep 22, 2026
- 3 Defensive Dividend Stocks For Steady Income as Fed Pressure Builds
Simply Wall St. · Sep 21, 2026
- How Far Could ISRG Stock Bounce From Here?
Trefis · Sep 21, 2026
Frequently asked questions
Does MDT pay a dividend?
Yes. Medtronic pays a dividend with a yield of 3.17%, and 70% of earnings are distributed to shareholders.
What is the MDT P/E ratio?
The trailing P/E ratio is 22.2, while the forward P/E ratio based on expected earnings is 13.9.
Where can I buy MDT?
MDT trades on US markets, and you can buy it through any broker supported by InvestPane.
What sector is Medtronic in?
Medtronic is in the Healthcare sector, specifically the Medical Devices industry.
How much does Medtronic earn per share?
The trailing 12-month earnings per share is 4.02 USD.
Is Medtronic a large company?
Yes. Medtronic has a market cap of 114.23B USD, about 95,000 employees, and revenue of 37.54B USD over the trailing 12 months.
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