Medtronic (MDT) EBITDA Margin (2014 - 2026)
Medtronic (MDT) reported EBITDA Margin of 19.1% for Q2 2026, up 301.0% on a YoY basis from 4.76% in Q2 2025, and up 17.63% sequentially from 16.24% in Q1 2026.
Medtronic (MDT) EBITDA Margin (2014 - 2026) Analysis & Trends
Medtronic (MDT) has 13 years of EBITDA Margin data on file, last reported at 19.1% in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 301.0% year-over-year to 19.1%; the trailing twelve-month figure through Apr 2026 stood at 17.79% (up 3.0% YoY), and the FY2026 full-year result was 17.78%, up 3.0% from the prior year.
- EBITDA Margin climbed to 19.1% in Q2 2026, from 16.24% in the prior quarter.
- In the past five years, EBITDA 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 17.67% and a median of 18.16% in 2023 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin jumped 495 bps in 2022 and sank 605 bps in 2024, its largest moves.
- Tracing MDT's EBITDA Margin over 5 years: stood at 18.51% in 2022, then slipped by 9 bps to 16.78% in 2023, then grew by 13 bps to 18.98% in 2024, then declined by 1 bps to 18.81% in 2025, then advanced by 2 bps to 19.1% in 2026.
- Business Quant data shows MDT's EBITDA Margin at 19.1% in Q2 2026, 16.24% in Q1 2026, and 18.81% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 28.97% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 21.42% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 6.17% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 10.04% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 19.94% |
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% |