Medtronic (MDT) Asset Utilization Ratio (2015 - 2026)
Medtronic recorded quarterly Asset Utilization Ratio of 0.39 in Q1 2026, up 1.8% quarter-over-quarter from 0.38 in Q4 2025, and up 5.23% year-over-year from 0.37 in Q1 2025.
Medtronic's Asset Utilization Ratio history runs 12 years deep, the most recent figure standing at 0.39 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 5.23% year-over-year to 0.39; the TTM figure through Jan 2026 stood at 0.39 (up 5.23% YoY), while the FY2025 annual figure was 0.37, up 3.21% from the prior year.
- Asset Utilization Ratio came in at 0.39 for Q1 2026 at Medtronic, up from 0.38 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.39 in Q1 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 increased 19.76% in 2022 and decreased 5.16% in 2023, its largest moves.
- Medtronic's Asset Utilization Ratio stood at 0.34 in 2022, then grew by 5.05% to 0.35 in 2023, then gained by 3.86% to 0.37 in 2024, then climbed by 3.88% to 0.38 in 2025, then climbed by 1.8% to 0.39 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.39, 0.38, and 0.37 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 0.47 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 0.74 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.57 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.56 |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 0.32 |
| Jan 29, 2021 | 0.29 |
| Oct 30, 2020 | 0.29 |
| Jul 31, 2020 | 0.30 |
| Apr 24, 2020 | 0.32 |
| Jan 24, 2020 | 0.34 |
| Oct 25, 2019 | 0.34 |
| Jul 26, 2019 | 0.34 |
| Apr 26, 2019 | 0.34 |
| Jan 25, 2019 | 0.35 |
| Oct 26, 2018 | 0.34 |
| Jul 27, 2018 | 0.33 |
| Apr 27, 2018 | 0.32 |
| Jan 26, 2018 | 0.31 |
| Oct 27, 2017 | 0.30 |
| Jul 28, 2017 | 0.30 |
| Apr 28, 2017 | 0.30 |
| Jan 27, 2017 | 0.30 |
| Oct 28, 2016 | 0.29 |
| Jul 29, 2016 | 0.29 |
| Apr 29, 2016 | 0.28 |
| Jan 29, 2016 | 0.28 |
| Oct 30, 2015 | 0.25 |
| Jul 31, 2015 | 0.22 |
| Apr 24, 2015 | 0.38 |