Medtronic (MDT) EV to FCF (2014 - 2026)
Medtronic's (MDT) EV to FCF came in at 16.49 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 21.4% from 20.98 a year earlier and down 8.8% from the prior quarter.
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Analysis
Medtronic (MDT) EV to FCF (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, EV to FCF at Medtronic was 12.26, down 24.7% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at 18.07, down 5.5% from FY2025.
- In prior fiscal years, Medtronic's EV to FCF was 19.12 in FY2025 (+2.8%), 18.61 in FY2024 (-24.7%), 24.73 in FY2023 (+15.1%) and 21.49 in FY2022 (-36.6%).
- The fiscal Q1 2027 figure stands as the lowest quarterly EV to FCF since fiscal Q4 2015.
- On a year-over-year basis, EV to FCF increased in four of the last eight quarters, with an average decline of 0.1%.
- The strongest year-over-year quarter for EV to FCF in the past five years was fiscal Q1 2024, with growth of 23.6%; the weakest was fiscal Q4 2022, with a decline of 36.6%.
- According to Business Quant data, EV to FCF for the three prior fiscal quarters was 18.07 (Q4 2026), 22.42 (Q3 2026) and 21.51 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn |
| 10 | Agilent Technologies | 50.15 Bn | 43.04 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.94 |
| Apr 24, 2026 | 8.15 |
| Dec 31, 2025 | 6.74 |
| Oct 24, 2025 | 11.23 |
| Jul 25, 2025 | 11.15 |
| Dec 31, 2024 | 6.28 |
| Oct 25, 2024 | 12.44 |
| Jul 26, 2024 | 10.74 |
| Dec 31, 2023 | 6.47 |
| Oct 27, 2023 | 8.45 |
| Jul 28, 2023 | 10.46 |
| Dec 31, 2022 | 5.94 |
| Oct 28, 2022 | 10.07 |
| Jul 29, 2022 | 10.72 |
| Dec 31, 2021 | 7.54 |
| Oct 29, 2021 | 12.11 |
| Jul 30, 2021 | 15.26 |
| Dec 31, 2020 | 14.17 |
| Oct 30, 2020 | 11.24 |
| Jul 31, 2020 | 10.83 |
API Access
Medtronic EV to FCF 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-fcf&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();