Medtronic (MDT) EBITDA Margin (2014 - 2026)
Medtronic's (MDT) quarterly EBITDA Margin came in at 16.24% in Q1 2026, down 361.0% year-on-year from 6.22% in Q1 2025, and down 13.71% quarter-over-quarter from 18.81% in Q4 2025.
Medtronic (MDT) EBITDA Margin (2014 - 2026) Analysis & Trends
Medtronic has disclosed EBITDA Margin across 13 years of filings, most recently posting 16.24% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 16.24%, down 361.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 17.0% (up 21.0% YoY), and the FY2025 annual result was 17.76%, up 186.0% from the prior year.
- EBITDA Margin came in at 16.24% for Q1 2026 at Medtronic, down from 18.81% 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.
- The 5-year median for EBITDA Margin is 18.01% (2023), against an average of 17.58%.
- Across the five-year window, EBITDA Margin jumped 495 bps in 2022 and tumbled 605 bps in 2024, its largest moves.
- Medtronic's EBITDA 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 14 bps to 16.24% in 2026.
- The last three EBITDA Margin figures came in at 16.24% (Q1 2026), 18.81% (Q4 2025), and 16.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 14.52% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 19.94% |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 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% |