Medtronic (MDT) Exchange Rate Effect (2014 - 2026)
Medtronic (MDT) reported Exchange Rate Effect of -$89 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), compared with $67 million a year earlier.
Medtronic (MDT) Exchange Rate Effect (2014 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Exchange Rate Effect came in at -$71 million; for FY2026 (ended Apr 24, 2026), it came in at $85 million, down 54.8% from FY2025.
- Exchange Rate Effect has a five-year compound annual growth rate of -16.9% (FY2021 to FY2026).
- By fiscal year, Exchange Rate Effect came in at $188 million in FY2025, -$230 million in FY2024, $243 million in FY2023 and -$231 million in FY2022.
- The fiscal Q1 2027 figure ranks as the lowest quarterly Exchange Rate Effect since fiscal Q3 2025.
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $33 million (Q4 2026), $24 million (Q3 2026) and -$39 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 98.00 Mn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 4.00 Mn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | -13.00 Mn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 7.10 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | -89.00 Mn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | -14.00 Mn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 1.00 Mn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 3.80 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 2.00 Mn |
| 10 | Agilent Technologies | 49.34 Bn | 42.23 Bn | 1.04 Bn | -7.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -89.00 Mn |
| Apr 24, 2026 | 33.00 Mn |
| Jan 23, 2026 | 24.00 Mn |
| Oct 24, 2025 | -39.00 Mn |
| Jul 25, 2025 | 67.00 Mn |
| Apr 25, 2025 | 283.00 Mn |
| Jan 24, 2025 | -130.00 Mn |
| Oct 25, 2024 | 4.00 Mn |
| Jul 26, 2024 | 31.00 Mn |
| Apr 26, 2024 | -60.00 Mn |
| Jan 26, 2024 | 44.00 Mn |
| Oct 27, 2023 | -175.00 Mn |
| Jul 28, 2023 | -39.00 Mn |
| Apr 28, 2023 | -74.00 Mn |
| Jan 27, 2023 | 540.00 Mn |
| Oct 28, 2022 | -101.00 Mn |
| Jul 29, 2022 | -122.00 Mn |
| Apr 29, 2022 | -144.00 Mn |
| Jan 28, 2022 | -36.00 Mn |
| Oct 29, 2021 | -9.00 Mn |
Medtronic Exchange Rate Effect 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=exchange-rate-effect&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();