Medtronic MDT
NYSE MDT
$92.14 -0.25 (-0.27%)
As of: Sep 9, 2026 · 3:26 PM EDT

Medtronic (MDT) EBIT Margin (2014 - 2026)

Medtronic's (MDT) quarterly EBIT Margin came in at 18.08% in Q3 2026, up 124.0% year-over-year from 8.07% in Q3 2025, and down 5.33% quarter-over-quarter from 19.1% in Q2 2026.

Analysis

Medtronic (MDT) EBIT Margin (2014 - 2026) Analysis & Trends

Medtronic has disclosed EBIT Margin across 13 years of filings, most recently posting 18.08% for Q3 2026.

  • In Q3 2026, EBIT Margin rose 124.0% year-over-year to 18.08%; the TTM figure through Jul 2026 stood at 18.08% (up 18.0% YoY), while the FY2026 annual figure was 17.78%, up 3.0% from the prior year.
  • EBIT Margin came in at 18.08% for Q3 2026 at Medtronic, down from 19.1% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 21.37% in Q1 2022 to a low of 12.26% in Q2 2024.
  • Average EBIT Margin over 5 years is 17.69%, with a median of 18.08% recorded in 2026.
  • Year-over-year, EBIT Margin surged 495 bps in 2022 and slumped 605 bps in 2024.
  • Over 5 years, EBIT Margin stood at 18.51% in 2022, then dropped by 9 bps to 16.78% in 2023, then increased by 13 bps to 18.98% in 2024, then fell by 1 bps to 18.81% in 2025, then fell by 4 bps to 18.08% in 2026.
  • Per Business Quant data, the three most recent EBIT Margin figures were 18.08% in Q3 2026, 19.1% in Q2 2026, and 16.24% in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Abbott Laboratories 183.43 Bn 177.83 Bn 7.27 Bn 13.44%
2 Intuitive Surgical 124.55 Bn 119.33 Bn 1.96 Bn 33.60%
3 Medtronic 117.91 Bn 109.10 Bn 6.34 Bn 18.08%
4 Stryker 105.51 Bn 102.03 Bn 4.50 Bn 25.18%
5 Boston Scientific 66.23 Bn 65.69 Bn 3.85 Bn 21.65%
6 Edwards Lifesciences 49.46 Bn 45.21 Bn 1.35 Bn 29.48%
7 Alcon 33.87 Bn 32.41 Bn 1.68 Bn 0.40%
8 Dexcom 32.08 Bn 30.13 Bn 830.00 Mn 24.33%
9 Steris 21.05 Bn 20.56 Bn 684.20 Mn 19.15%
10 Zimmer Biomet Holdings 18.27 Bn 17.86 Bn 1.54 Bn 14.98%
Historic Data

Historic Data

Download Data
DateValue
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%