Medtronic (MDT) FCF Payout Ratio (2014 - 2026)
Medtronic's (MDT) quarterly FCF Payout Ratio came in at 0.4 in Q1 2026, down 7.45% year-on-year from 0.43 in Q1 2025, and down 80.11% quarter-over-quarter from 1.99 in Q4 2025.
Medtronic (MDT) FCF Payout Ratio (2014 - 2026) Analysis & Trends
Medtronic has disclosed FCF Payout Ratio across 13 years of filings, most recently posting 0.4 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.4, down 7.45% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.67 (up 1.7% YoY), and the FY2025 annual result 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.
- The 5-year median for FCF Payout Ratio is 0.73 (2023), against an average of 1.21.
- Across the five-year window, FCF Payout Ratio jumped 204.14% in 2023 and plunged 64.72% in 2024, its largest moves.
- Medtronic's FCF Payout Ratio stood at 1.51 in 2022, then surged by 204.14% to 4.59 in 2023, then slumped by 64.72% to 1.62 in 2024, then climbed by 22.98% to 1.99 in 2025, then sank by 80.11% to 0.4 in 2026.
- The last three FCF Payout Ratio figures came in at 0.4 (Q1 2026), 1.99 (Q4 2025), and 1.56 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 1.20 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.81 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.40 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.08 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.25 |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 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 |