Medtronic (MDT) Asset Utilization Ratio (2015 - 2026)
Medtronic (MDT) posted Asset Utilization Ratio of 0.39 for Q2 2026, up 1.55% sequentially from 0.39 in Q1 2026, and up 6.75% YoY from 0.37 in Q2 2025.
Medtronic (MDT) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
Medtronic has reported Asset Utilization Ratio for 12 years, with the latest figure at 0.39 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 6.75% year-over-year to 0.39 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.39 (up 6.75% YoY) and the FY2026 annual result came in at 0.39, up 6.64% from the prior year.
- Asset Utilization Ratio advanced to 0.39 in Q2 2026 per MDT's latest filing, from 0.39 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.39 in Q2 2026 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio rose 19.76% in 2022, then slipped 5.16% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.34 in 2022, then increased by 5.05% to 0.35 in 2023, then advanced by 3.86% to 0.37 in 2024, then grew by 3.88% to 0.38 in 2025, then rose by 3.37% to 0.39 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.39, 0.39, and 0.38 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 0.56 |
| 10 | Zimmer Biomet Holdings | 19.36 Bn | 18.95 Bn | 1.54 Bn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |