Medtronic (MDT) EBIT Margin (2014 - 2026)
Medtronic's EBIT Margin came in at 18.08% for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 1.24 percentage points from 16.85% a year earlier but down 1.02 percentage points from the prior quarter.
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Analysis
Medtronic (MDT) EBIT Margin (2014 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Medtronic's EBIT Margin was 17.78%, up 0.03 percentage points from FY2025.
- EBIT Margin carries a five-year change of +2.90 percentage points (FY2021 to FY2026).
- Going back by fiscal year, EBIT Margin was 17.76% in FY2025 (+1.86 pp), 15.89% in FY2024 (-1.67 pp), 17.56% in FY2023 (-0.59 pp) and 18.15% in FY2022 (+3.26 pp).
- The five-year range for quarterly EBIT Margin is 12.26% (fiscal Q4 2024) to 21.37% (fiscal Q3 2022).
- Year-over-year, EBIT Margin increased in six of the last eight quarters, with an average year-over-year change of +1.09 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in fiscal Q2 2022 (a gain of 7.76 percentage points), and the weakest in fiscal Q4 2024 (a drop of 6.05 percentage points).
- Business Quant data shows MDT's EBIT Margin at 19.10% (Q4 2026), 16.24% (Q3 2026) and 18.81% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 21.65% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 13.31% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 29.48% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 23.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.08% |
| Apr 24, 2026 | 19.10% |
| Jan 23, 2026 | 16.24% |
| Oct 24, 2025 | 18.81% |
| Jul 25, 2025 | 16.85% |
| Apr 25, 2025 | 16.09% |
| Jan 24, 2025 | 19.85% |
| Oct 25, 2024 | 18.98% |
| Jul 26, 2024 | 16.15% |
| Apr 26, 2024 | 12.26% |
| Jan 26, 2024 | 18.33% |
| Oct 27, 2023 | 16.78% |
| Jul 28, 2023 | 16.46% |
| Apr 28, 2023 | 18.31% |
| Jan 27, 2023 | 18.01% |
| Oct 28, 2022 | 18.51% |
| Jul 29, 2022 | 15.26% |
| Apr 29, 2022 | 20.66% |
| Jan 28, 2022 | 21.37% |
| Oct 29, 2021 | 19.92% |
API Access
Medtronic EBIT Margin 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=ebit-margin&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();