Medtronic (MDT) EBIT Margin (2014 - 2026)
Medtronic recorded quarterly EBIT Margin of 16.24% in Q1 2026, down 13.71% quarter-over-quarter from 18.81% in Q4 2025, and down 361.0% year-over-year from 6.22% in Q1 2025.
Medtronic's EBIT Margin history runs 13 years deep, the most recent figure standing at 16.24% for Q1 2026.
- In Q1 2026, EBIT Margin fell 361.0% year-over-year to 16.24%; the TTM figure through Jan 2026 stood at 17.0% (up 21.0% YoY), while the FY2025 annual figure was 17.76%, up 186.0% from the prior year.
- EBIT Margin came in at 16.24% for Q1 2026 at Medtronic, down from 18.81% 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.
- A 5-year average of 17.58% and a median of 18.01% in 2023 frame the typical range for EBIT Margin.
- Across the five-year window, EBIT Margin surged 495 bps in 2022 and slumped 605 bps in 2024, its largest moves.
- Medtronic's EBIT Margin stood at 18.51% in 2022, then declined by 9 bps to 16.78% in 2023, then rose by 13 bps to 18.98% in 2024, then retreated by 1 bps to 18.81% in 2025, then retreated by 14 bps to 16.24% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 16.24%, 18.81%, and 16.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.17% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 19.94% |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 17.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 30, 2021 | 10.75% |
| Apr 30, 2021 | 19.60% |
| Jan 29, 2021 | 16.42% |
| Oct 30, 2020 | 12.16% |
| Jul 31, 2020 | 10.34% |
| Apr 24, 2020 | 5.27% |
| Jan 24, 2020 | 21.24% |
| Oct 25, 2019 | 17.53% |
| Jul 26, 2019 | 19.82% |
| Apr 26, 2019 | 23.89% |
| Jan 25, 2019 | 20.43% |
| Oct 26, 2018 | 20.64% |
| Jul 27, 2018 | 16.74% |
| Apr 27, 2018 | 23.67% |
| Jan 26, 2018 | 19.49% |
| Oct 27, 2017 | 26.87% |
| Jul 28, 2017 | 18.70% |
| Apr 28, 2017 | 21.27% |
| Jan 27, 2017 | 15.75% |
| Oct 28, 2016 | 18.86% |
| Jul 29, 2016 | 16.29% |
| Apr 29, 2016 | 20.81% |
| Jan 29, 2016 | 19.54% |
| Oct 30, 2015 | 18.42% |
| Jul 31, 2015 | 15.55% |
| Apr 24, 2015 | 5.11% |
| Jan 23, 2015 | 29.53% |
| Oct 24, 2014 | 23.59% |
| Jul 25, 2014 | 25.46% |