Medtronic (MDT) FCF Payout Ratio (2014 - 2026)
Medtronic recorded quarterly FCF Payout Ratio of 0.4 in Q1 2026, down 80.11% quarter-over-quarter from 1.99 in Q4 2025, and down 7.45% year-over-year from 0.43 in Q1 2025.
Medtronic's FCF Payout Ratio history runs 13 years deep, the most recent figure standing at 0.4 for Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 7.45% year-over-year to 0.4; the TTM figure through Jan 2026 stood at 0.67 (up 1.7% YoY), while the FY2025 annual figure was 0.69, down 1.82% from the prior year.
- FCF Payout Ratio came in at 0.4 for Q1 2026 at Medtronic, down from 1.99 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 4.59 in Q4 2023 to a low of 0.39 in Q2 2024.
- A 5-year average of 1.21 and a median of 0.73 in 2023 frame the typical range for FCF Payout Ratio.
- Across the five-year window, FCF Payout Ratio surged 204.14% in 2023 and tumbled 64.72% in 2024, its largest moves.
- Medtronic's FCF Payout Ratio stood at 1.51 in 2022, then soared by 204.14% to 4.59 in 2023, then sank by 64.72% to 1.62 in 2024, then grew by 22.98% to 1.99 in 2025, then plunged by 80.11% to 0.4 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.4, 1.99, and 1.56 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 1.20 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.81 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.40 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.08 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.25 |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 0.40 |
| Oct 24, 2025 | 1.99 |
| Jul 25, 2025 | 1.56 |
| Apr 25, 2025 | 0.43 |
| Jan 24, 2025 | 0.43 |
| Oct 25, 2024 | 1.62 |
| Jul 26, 2024 | 1.93 |
| Apr 26, 2024 | 0.39 |
| Jan 26, 2024 | 0.43 |
| Oct 27, 2023 | 4.59 |
| Jul 28, 2023 | 1.76 |
| Apr 28, 2023 | 0.43 |
| Jan 27, 2023 | 0.73 |
| Oct 28, 2022 | 1.51 |
| Jul 29, 2022 | 1.37 |
| Apr 29, 2022 | 0.51 |
| Jan 28, 2022 | 0.45 |
| Oct 29, 2021 | 0.57 |
| Jul 30, 2021 | 0.93 |
| Apr 30, 2021 | 0.57 |
| Jan 29, 2021 | 0.39 |
| Oct 30, 2020 | 0.49 |
| Jul 31, 2020 | -13.89 |
| Apr 24, 2020 | 0.65 |
| Jan 24, 2020 | 0.34 |
| Oct 25, 2019 | 0.46 |
| Jul 26, 2019 | 0.60 |
| Apr 26, 2019 | 0.38 |
| Jan 25, 2019 | 0.38 |
| Oct 26, 2018 | 0.70 |
| Jul 27, 2018 | 0.48 |
| Apr 27, 2018 | 0.84 |
| Jan 26, 2018 | 0.36 |
| Oct 27, 2017 | 0.94 |
| Jul 28, 2017 | 1.36 |
| Apr 28, 2017 | 0.41 |
| Jan 27, 2017 | 0.34 |
| Oct 28, 2016 | 0.49 |
| Jul 29, 2016 | 0.49 |
| Apr 29, 2016 | 0.55 |
| Jan 29, 2016 | 0.34 |
| Oct 30, 2015 | 0.51 |
| Jul 31, 2015 | 0.91 |
| Apr 24, 2015 | 0.26 |
| Jan 23, 2015 | 0.18 |
| Oct 24, 2014 | 0.37 |
| Jul 25, 2014 | 1.51 |