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
Download Data
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 |