Medtronic (MDT) EV to CFO (2015 - 2026)
Medtronic's (MDT) EV to CFO stood at 12.58 in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 19.2% from 15.57 a year earlier and down 5.9% from the prior quarter.
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Analysis
Medtronic (MDT) EV to CFO (2015 - 2026) Analysis & Trends
On a TTM basis, Medtronic's EV to CFO came in at 9.36 as of Jul 31, 2026, down 22.6% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at 13.38, down 5.0% from FY2025.
- Annual EV to CFO has declined for three straight fiscal years.
- Across earlier fiscal years, EV to CFO came in at 14.08 in FY2025 (-1.3%), 14.26 in FY2024 (-24.0%), 18.75 in FY2023 (+7.2%) and 17.49 in FY2022 (-34.1%).
- The fiscal Q1 2027 figure is the lowest quarterly EV to CFO in data going back to fiscal Q4 2015.
- On a year-over-year basis, EV to CFO rose in three of the last eight quarters, with an average decline of 0.6%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 17.5% in fiscal Q1 2024, against a decline of 34.1% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 13.38 (Q4 2026), 16.65 (Q3 2026) and 15.74 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.93 Bn | 230.96 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 181.29 Bn | 151.72 Bn | 7.27 Bn |
| 3 | Danaher | 158.18 Bn | 141.99 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 153.47 Bn | 132.89 Bn | 1.96 Bn |
| 5 | Medtronic | 118.97 Bn | 84.22 Bn | 6.34 Bn |
| 6 | Stryker | 114.72 Bn | 100.84 Bn | 4.50 Bn |
| 7 | Boston Scientific | 66.18 Bn | 60.95 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 52.49 Bn | 49.64 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.32 Bn | 34.33 Bn | 1.35 Bn |
| 10 | Agilent Technologies | 47.87 Bn | 40.76 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.58 |
| 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 |
API Access
Medtronic EV to CFO 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=ev-to-cfo&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();