Medtronic MDT
NYSE MDT
$92.53 +0.14 (+0.15%)
As of: Sep 9, 2026 · 11:52 AM EDT

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

Medtronic's (MDT) quarterly Asset Utilization Ratio came in at 0.4 in Q3 2026, up 7.6% year-over-year from 0.37 in Q3 2025, and up 2.23% quarter-over-quarter from 0.39 in Q2 2026.

Analysis

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

Medtronic has disclosed Asset Utilization Ratio across 12 years of filings, most recently posting 0.4 for Q3 2026.

  • In Q3 2026, Asset Utilization Ratio rose 7.6% year-over-year to 0.4; the TTM figure through Jul 2026 stood at 0.4 (up 7.6% YoY), while the FY2026 annual figure was 0.39, up 6.64% from the prior year.
  • Asset Utilization Ratio came in at 0.4 for Q3 2026 at Medtronic, up from 0.39 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.4 in Q3 2026 to a low of 0.33 in Q1 2023.
  • Average Asset Utilization Ratio over 5 years is 0.36, with a median of 0.36 recorded in 2024.
  • Year-over-year, Asset Utilization Ratio increased 19.76% in 2022 and decreased 5.16% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 0.34 in 2022, then climbed by 5.05% to 0.35 in 2023, then rose by 3.86% to 0.37 in 2024, then advanced by 3.88% to 0.38 in 2025, then gained by 5.68% to 0.4 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.4 in Q3 2026, 0.39 in Q2 2026, and 0.39 in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 184.79 Bn 179.19 Bn 7.27 Bn 0.42
2 Intuitive Surgical 124.38 Bn 119.16 Bn 1.96 Bn 0.54
3 Medtronic 118.45 Bn 109.63 Bn 6.34 Bn 0.40
4 Stryker 105.32 Bn 101.84 Bn 4.50 Bn 0.55
5 Boston Scientific 66.71 Bn 66.17 Bn 3.85 Bn 0.47
6 Edwards Lifesciences 49.81 Bn 45.56 Bn 1.35 Bn 0.48
7 Alcon 34.03 Bn 32.58 Bn 1.68 Bn 0.34
8 Dexcom 32.35 Bn 30.40 Bn 830.00 Mn 0.76
9 Steris 21.17 Bn 20.68 Bn 684.20 Mn 0.56
10 Zimmer Biomet Holdings 18.27 Bn 17.86 Bn 1.54 Bn 0.37
Historic Data

Historic Data

Download Data
DateValue
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