Medtronic (MDT) Asset Utilization Ratio (2015 - 2026)

Medtronic (MDT) reported Asset Utilization Ratio of 0.39 for Q2 2026, up 6.75% on a YoY basis from 0.37 in Q2 2025, and up 1.55% sequentially from 0.39 in Q1 2026.

Medtronic (MDT) Asset Utilization Ratio (2015 - 2026) Analysis & Trends

Medtronic (MDT) has 12 years of Asset Utilization Ratio data on file, last reported at 0.39 in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio rose 6.75% year-over-year to 0.39; the trailing twelve-month figure through Apr 2026 stood at 0.39 (up 6.75% YoY), and the FY2026 full-year result was 0.39, up 6.64% from the prior year.
  • Asset Utilization Ratio advanced to 0.39 in Q2 2026, from 0.39 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.39 in Q2 2026 to a low of 0.33 in Q1 2023.
  • A 5-year average of 0.36 and a median of 0.36 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio grew 19.76% in 2022 and retreated 5.16% in 2023, its largest moves.
  • Tracing MDT's Asset Utilization Ratio over 5 years: stood at 0.34 in 2022, then advanced by 5.05% to 0.35 in 2023, then increased by 3.86% to 0.37 in 2024, then gained by 3.88% to 0.38 in 2025, then climbed by 3.37% to 0.39 in 2026.
  • Business Quant data shows MDT's Asset Utilization Ratio at 0.39 in Q2 2026, 0.39 in Q1 2026, and 0.38 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.46
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 0.54
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 0.39
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 0.47
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 0.47
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 0.74
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 0.65
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 0.57
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 0.56

Historic Data

Download Data
DateValue
Apr 24, 2026 0.39
Jan 23, 2026 0.39
Oct 24, 2025 0.38
Jul 25, 2025 0.37
Apr 25, 2025 0.37
Jan 24, 2025 0.37
Oct 25, 2024 0.37
Jul 26, 2024 0.36
Apr 26, 2024 0.36
Jan 26, 2024 0.36
Oct 27, 2023 0.35
Jul 28, 2023 0.35
Apr 28, 2023 0.34
Jan 27, 2023 0.33
Oct 28, 2022 0.34
Jul 29, 2022 0.34
Apr 29, 2022 0.35
Jan 28, 2022 0.35
Oct 29, 2021 0.35
Jul 30, 2021 0.34