Medtronic MDT
NYSE MDT
$94.16 +1.05 (+1.13%)
At close: Sep 4, 2026 · 4:00 PM EDT

Medtronic (MDT) EV to EBITDA (2015 - 2026)

Medtronic's (MDT) quarterly EV to EBITDA came in at 14.9 in Q3 2026, down 18.01% year-over-year from 18.17 in Q3 2025, and down 1.71% quarter-over-quarter from 15.16 in Q2 2026.

Analysis

Medtronic (MDT) EV to EBITDA (2015 - 2026) Analysis & Trends

Medtronic has disclosed EV to EBITDA across 12 years of filings, most recently posting 14.9 for Q3 2026.

  • In Q3 2026, EV to EBITDA fell 18.01% year-over-year to 14.9; the TTM figure through Jul 2026 stood at 14.9 (down 18.01% YoY), while the FY2026 annual figure was 15.16, down 8.94% from the prior year.
  • EV to EBITDA came in at 14.9 for Q3 2026 at Medtronic, down from 15.16 in the prior quarter.
  • In the past five years, EV to EBITDA ranged from a high of 22.41 in Q1 2022 to a low of 14.9 in Q3 2026.
  • Average EV to EBITDA over 5 years is 18.57, with a median of 18.81 recorded in 2024.
  • Year-over-year, EV to EBITDA plunged 47.17% in 2022 and surged 31.53% in 2024.
  • Over 5 years, EV to EBITDA stood at 17.79 in 2022, then dropped by 14.34% to 15.24 in 2023, then jumped by 31.53% to 20.04 in 2024, then fell by 10.1% to 18.02 in 2025, then declined by 17.31% to 14.9 in 2026.
  • Per Business Quant data, the three most recent EV to EBITDA figures were 14.9 in Q3 2026, 15.16 in Q2 2026, and 20.11 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

Historic Data

Download Data
DateValue
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