Medtronic (MDT) EV to EBIT (2015 - 2026)
Medtronic's EV to EBIT came in at 14.90 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 18.0% from 18.17 a year earlier and down 1.7% from the prior quarter.
Medtronic (MDT) EV to EBIT (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Medtronic reported EV to EBIT of 11.08, down 21.5% year-over-year; for FY2026 (ended Apr 24, 2026), it was 15.16, down 8.9% from FY2025.
- EV to EBIT has declined in each of the last five fiscal years.
- Going back by fiscal year, EV to EBIT was 16.65 in FY2025 (-11.5%), 18.81 in FY2024 (-8.9%), 20.65 in FY2023 (-7.6%) and 22.34 in FY2022 (-39.5%).
- The fiscal Q1 2027 figure represents the lowest quarterly EV to EBIT in data going back to fiscal Q4 2015.
- Year-over-year, EV to EBIT increased in four of the last eight quarters, with an average decline of 1.3%.
- The fastest year-over-year change in EV to EBIT over five years came in fiscal Q2 2025 (growth of 31.5%), and the weakest in fiscal Q3 2022 (a decline of 47.2%).
- Business Quant data shows MDT's EV to EBIT at 15.16 (Q4 2026), 20.11 (Q3 2026) and 18.02 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 14.90 |
| Apr 24, 2026 | 15.16 |
| Jan 23, 2026 | 20.11 |
| Oct 24, 2025 | 18.02 |
| Jul 25, 2025 | 18.17 |
| Apr 25, 2025 | 16.65 |
| Jan 24, 2025 | 19.39 |
| Oct 25, 2024 | 20.04 |
| Jul 26, 2024 | 18.10 |
| Apr 26, 2024 | 18.81 |
| Jan 26, 2024 | 18.91 |
| Oct 27, 2023 | 15.24 |
| Jul 28, 2023 | 19.49 |
| Apr 28, 2023 | 20.65 |
| Jan 27, 2023 | 17.69 |
| Oct 28, 2022 | 17.79 |
| Jul 29, 2022 | 18.99 |
| Apr 29, 2022 | 22.34 |
| Jan 28, 2022 | 22.41 |
| Oct 29, 2021 | 28.41 |
Medtronic EV to EBIT 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-ebit&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();