Medtronic plc (MDT) Asset Utilization Ratio (2015 - 2026)
Medtronic's Asset Utilization Ratio was 0.40 in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 7.6% from 0.37 a year earlier and up 2.2% from the prior quarter.
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Medtronic plc (MDT) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Asset Utilization Ratio at Medtronic came in at 0.39, up 6.6% from FY2025.
- Asset Utilization Ratio has now increased for three consecutive fiscal years.
- In earlier fiscal years, Asset Utilization Ratio was 0.37 in FY2025 (+3.2%), 0.36 in FY2024 (+4.2%), 0.34 in FY2023 (-0.3%) and 0.34 in FY2022 (+5.0%).
- The fiscal Q1 2027 figure marks the highest quarterly Asset Utilization Ratio in data going back to fiscal Q4 2015.
- Compared with a year earlier, Asset Utilization Ratio has increased for 13 straight quarters, with growth averaging 4.6% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q3 2022 (growth of 19.8%); the worst was fiscal Q3 2023 (a decline of 5.2%).
- Per Business Quant data, MDT's Asset Utilization Ratio in the three fiscal quarters before Q1 2027 was 0.39 (Q4 2026), 0.39 (Q3 2026) and 0.38 (Q2 2026).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.40 |
| 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 |
API Access
Medtronic plc Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();