Medtronic MDT
NYSE MDT
$87.14 -2.36 (-2.63%)
As of: Sep 29, 2026 · 3:59 PM EDT

Medtronic (MDT) EBITDA (2014 - 2026)

Updated

Medtronic (MDT) posted EBITDA of $2.49 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 13.7% from $2.19 billion a year earlier but down 3.7% from the prior quarter.

Analysis

Medtronic (MDT) EBITDA (2014 - 2026) Analysis & Trends

For the trailing twelve months through Jul 31, 2026, EBITDA at Medtronic was $9.73 billion, up 7.2% year-over-year; for FY2026 (ended Apr 24, 2026), it was $9.43 billion, up 6.9% from FY2025.

  • Annual EBITDA shows a five-year compound annual growth rate of 5.6% (FY2021 to FY2026).
  • In prior fiscal years, Medtronic's EBITDA was $8.82 billion in FY2025 (+13.2%), $7.79 billion in FY2024 (-4.8%), $8.18 billion in FY2023 (-3.3%) and $8.46 billion in FY2022 (+17.7%).
  • Quarterly EBITDA has run from a low of $1.71 billion in fiscal Q4 2024 to a high of $2.59 billion in fiscal Q4 2026 over five years.
  • On a year-over-year basis, EBITDA increased in seven of the last eight quarters, with growth averaging 12.2%.
  • The strongest year-over-year quarter for EBITDA in the past five years was fiscal Q2 2022, with growth of 39.9%; the weakest was fiscal Q4 2024, with a decline of 23.9%.
  • According to Business Quant data, EBITDA for the three prior fiscal quarters was $2.59 billion (Q4 2026), $2.21 billion (Q3 2026) and $2.43 billion (Q2 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Thermo Fisher Scientific 250.84 Bn 229.99 Bn 4.88 Bn 2.90 Bn
2 Abbott Laboratories 174.73 Bn 145.82 Bn 7.27 Bn 2.75 Bn
3 Danaher 159.85 Bn 143.67 Bn 3.61 Bn 1.79 Bn
4 Intuitive Surgical 146.79 Bn 126.35 Bn 1.96 Bn 1.19 Bn
5 Medtronic 114.54 Bn 80.41 Bn 6.34 Bn 2.49 Bn
6 Stryker 105.67 Bn 91.79 Bn 4.50 Bn 1.96 Bn
7 Boston Scientific 63.93 Bn 58.94 Bn 3.85 Bn 1.53 Bn
8 Becton Dickinson 50.12 Bn 47.27 Bn 2.32 Bn 1.23 Bn
9 Edwards Lifesciences 50.06 Bn 34.17 Bn 1.35 Bn 555.90 Mn
10 Agilent Technologies 49.40 Bn 42.29 Bn 1.04 Bn 510.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 2.49 Bn
Apr 24, 2026 2.59 Bn
Jan 23, 2026 2.21 Bn
Oct 24, 2025 2.43 Bn
Jul 25, 2025 2.19 Bn
Apr 25, 2025 2.28 Bn
Jan 24, 2025 2.33 Bn
Oct 25, 2024 2.27 Bn
Jul 26, 2024 1.94 Bn
Apr 26, 2024 1.71 Bn
Jan 26, 2024 2.13 Bn
Oct 27, 2023 2.01 Bn
Jul 28, 2023 1.94 Bn
Apr 28, 2023 2.24 Bn
Jan 27, 2023 2.07 Bn
Oct 28, 2022 2.08 Bn
Jul 29, 2022 1.79 Bn
Apr 29, 2022 2.36 Bn
Jan 28, 2022 2.33 Bn
Oct 29, 2021 2.24 Bn
API Access

Medtronic EBITDA 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=ebitda&ticker=MDT&period=max&api_key=YOUR_API_KEY