Medtronic (MDT) EBITDA Margin (2014 - 2026)
Medtronic (MDT) posted EBITDA Margin of 19.1% for Q2 2026, up 17.63% sequentially from 16.24% in Q1 2026, and up 301.0% YoY from 4.76% in Q2 2025.
Medtronic (MDT) EBITDA Margin (2014 - 2026) Analysis & Trends
Medtronic has reported EBITDA Margin for 13 years, with the latest figure at 19.1% in Q2 2026.
- Quarterly EBITDA Margin rose 301.0% year-over-year to 19.1% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 17.79% (up 3.0% YoY) and the FY2026 annual result came in at 17.78%, up 3.0% from the prior year.
- EBITDA Margin climbed to 19.1% in Q2 2026 per MDT's latest filing, from 16.24% in the prior quarter.
- Over five years, EBITDA Margin peaked at 21.37% in Q1 2022 and troughed at 12.26% in Q2 2024.
- A 5-year average of 17.67% and a median of 18.16% in 2023 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2022 and 2024: EBITDA Margin soared 495 bps in 2022, then tumbled 605 bps in 2024.
- Over 5 years, EBITDA Margin stood at 18.51% in 2022, then fell by 9 bps to 16.78% in 2023, then gained by 13 bps to 18.98% in 2024, then decreased by 1 bps to 18.81% in 2025, then increased by 2 bps to 19.1% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 19.1%, 16.24%, and 18.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 19.15% |
| 10 | Zimmer Biomet Holdings | 19.04 Bn | 18.63 Bn | 1.54 Bn | 14.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 30, 2021 | 10.75% |