Medtronic (MDT) EV to CFO (2015 - 2026)
Medtronic's (MDT) quarterly EV to CFO came in at 12.59 in Q3 2026, down 19.16% year-over-year from 15.57 in Q3 2025, and down 5.91% quarter-over-quarter from 13.38 in Q2 2026.
Analysis
Medtronic (MDT) EV to CFO (2015 - 2026) Analysis & Trends
Medtronic has disclosed EV to CFO across 12 years of filings, most recently posting 12.59 for Q3 2026.
- In Q3 2026, EV to CFO fell 19.16% year-over-year to 12.59; the TTM figure through Jul 2026 stood at 12.59 (down 19.16% YoY), while the FY2026 annual figure was 13.38, down 4.97% from the prior year.
- EV to CFO came in at 12.59 for Q3 2026 at Medtronic, down from 13.38 in the prior quarter.
- In the past five years, EV to CFO ranged from a high of 18.82 in Q3 2023 to a low of 12.59 in Q3 2026.
- Average EV to CFO over 5 years is 15.83, with a median of 15.74 recorded in 2025.
- Year-over-year, EV to CFO slumped 34.06% in 2022 and increased 17.52% in 2023.
- Over 5 years, EV to CFO stood at 16.57 in 2022, then declined by 8.12% to 15.23 in 2023, then decreased by 1.03% to 15.07 in 2024, then advanced by 4.46% to 15.74 in 2025, then fell by 20.04% to 12.59 in 2026.
- Per Business Quant data, the three most recent EV to CFO figures were 12.59 in Q3 2026, 13.38 in Q2 2026, and 16.65 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn |
| 9 | Resmed | 32.94 Bn | 31.47 Bn | 861.22 Mn |
| 10 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.59 |
| Apr 24, 2026 | 13.38 |
| Jan 23, 2026 | 16.65 |
| Oct 24, 2025 | 15.74 |
| Jul 25, 2025 | 15.57 |
| Apr 25, 2025 | 14.08 |
| Jan 24, 2025 | 14.81 |
| Oct 25, 2024 | 15.07 |
| Jul 26, 2024 | 13.53 |
| Apr 26, 2024 | 14.26 |
| Jan 26, 2024 | 16.53 |
| Oct 27, 2023 | 15.23 |
| Jul 28, 2023 | 18.82 |
| Apr 28, 2023 | 18.75 |
| Jan 27, 2023 | 17.55 |
| Oct 28, 2022 | 16.57 |
| Jul 29, 2022 | 16.01 |
| Apr 29, 2022 | 17.49 |
| Jan 28, 2022 | 18.11 |
| Oct 29, 2021 | 21.04 |