Medtronic (MDT) Free Cash Flow (2014 - 2026)
Medtronic recorded quarterly Free Cash Flow of $2.3 billion in Q1 2026, up 403.28% quarter-over-quarter from $457.0 million in Q4 2025, and up 9.73% year-over-year from $2.1 billion in Q1 2025.
Medtronic's Free Cash Flow history runs 13 years deep, the most recent figure standing at $2.3 billion for Q1 2026.
- In Q1 2026, Free Cash Flow rose 9.73% year-over-year to $2.3 billion; the TTM figure through Jan 2026 stood at $5.4 billion (down 1.04% YoY), while the FY2025 annual figure was $5.2 billion, changed 0.29% from the prior year.
- Free Cash Flow came in at $2.3 billion for Q1 2026 at Medtronic, up from $457.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.4 billion in Q2 2024 to a low of $200.0 million in Q4 2023.
- A 5-year average of $1.3 billion and a median of $1.2 billion in 2023 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 66.61% in 2023 and jumped 177.0% in 2024, its largest moves.
- Medtronic's Free Cash Flow stood at $599.0 million in 2022, then plunged by 66.61% to $200.0 million in 2023, then surged by 177.0% to $554.0 million in 2024, then fell by 17.51% to $457.0 million in 2025, then soared by 403.28% to $2.3 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $2.3 billion, $457.0 million, and $584.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 916.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 415.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 2.30 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 171.00 Mn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | -21.10 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 305.56 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 449.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 204.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 245.20 Mn |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 323.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | 2.30 Bn |
| Jan 23, 2026 | 2.30 Bn |
| Oct 24, 2025 | 457.00 Mn |
| Oct 24, 2025 | 457.00 Mn |
| Jul 25, 2025 | 584.00 Mn |
| Jul 25, 2025 | 584.00 Mn |
| Apr 25, 2025 | 2.07 Bn |
| Apr 25, 2025 | 2.07 Bn |
| Jan 24, 2025 | 2.10 Bn |
| Jan 24, 2025 | 2.10 Bn |
| Oct 25, 2024 | 554.00 Mn |
| Oct 25, 2024 | 554.00 Mn |
| Jul 26, 2024 | 466.00 Mn |
| Jul 26, 2024 | 466.00 Mn |
| Apr 26, 2024 | 2.35 Bn |
| Apr 26, 2024 | 2.35 Bn |
| Jan 26, 2024 | 2.13 Bn |
| Jan 26, 2024 | 2.13 Bn |
| Oct 27, 2023 | 200.00 Mn |
| Oct 27, 2023 | 200.00 Mn |
| Jul 28, 2023 | 521.00 Mn |
| Jul 28, 2023 | 521.00 Mn |
| Apr 28, 2023 | 2.08 Bn |
| Apr 28, 2023 | 2.08 Bn |
| Jan 27, 2023 | 1.24 Bn |
| Jan 27, 2023 | 1.24 Bn |
| Oct 28, 2022 | 599.00 Mn |
| Oct 28, 2022 | 599.00 Mn |
| Jul 29, 2022 | 657.00 Mn |
| Jul 29, 2022 | 657.00 Mn |
| Apr 29, 2022 | 1.67 Bn |
| Apr 29, 2022 | 1.67 Bn |
| Jan 28, 2022 | 1.90 Bn |
| Jan 28, 2022 | 1.90 Bn |
| Oct 29, 2021 | 1.50 Bn |
| Oct 29, 2021 | 1.50 Bn |
| Jul 30, 2021 | 914.00 Mn |
| Jul 30, 2021 | 914.00 Mn |
| Apr 30, 2021 | 1.37 Bn |
| Apr 30, 2021 | 1.37 Bn |
| Jan 29, 2021 | 1.99 Bn |
| Jan 29, 2021 | 1.99 Bn |
| Oct 30, 2020 | 1.58 Bn |
| Oct 30, 2020 | 1.58 Bn |
| Jul 31, 2020 | -56.00 Mn |
| Jul 31, 2020 | -56.00 Mn |
| Apr 24, 2020 | 1.11 Bn |
| Apr 24, 2020 | 1.11 Bn |
| Jan 24, 2020 | 2.11 Bn |
| Jan 24, 2020 | 2.11 Bn |
| Oct 25, 2019 | 1.58 Bn |
| Oct 25, 2019 | 1.58 Bn |
| Jul 26, 2019 | 1.21 Bn |
| Jul 26, 2019 | 1.21 Bn |
| Apr 26, 2019 | 1.75 Bn |
| Apr 26, 2019 | 1.75 Bn |
| Jan 25, 2019 | 1.75 Bn |
| Jan 25, 2019 | 1.75 Bn |
| Oct 26, 2018 | 957.00 Mn |
| Oct 26, 2018 | 957.00 Mn |
| Jul 27, 2018 | 1.41 Bn |
| Jul 27, 2018 | 1.41 Bn |
| Apr 27, 2018 | 746.00 Mn |
| Apr 27, 2018 | 746.00 Mn |
| Jan 26, 2018 | 1.75 Bn |
| Jan 26, 2018 | 1.75 Bn |
| Oct 27, 2017 | 661.00 Mn |
| Oct 27, 2017 | 661.00 Mn |
| Jul 28, 2017 | 459.00 Mn |
| Jul 28, 2017 | 459.00 Mn |
| Apr 28, 2017 | 1.44 Bn |
| Apr 28, 2017 | 1.44 Bn |
| Jan 27, 2017 | 1.76 Bn |
| Jan 27, 2017 | 1.76 Bn |
| Oct 28, 2016 | 1.20 Bn |
| Oct 28, 2016 | 1.20 Bn |
| Jul 29, 2016 | 1.22 Bn |
| Jul 29, 2016 | 1.22 Bn |
| Apr 29, 2016 | 973.00 Mn |
| Apr 29, 2016 | 973.00 Mn |
| Jan 29, 2016 | 1.55 Bn |
| Jan 29, 2016 | 1.55 Bn |
| Oct 30, 2015 | 1.06 Bn |
| Oct 30, 2015 | 1.06 Bn |
| Jul 31, 2015 | 592.00 Mn |
| Jul 31, 2015 | 592.00 Mn |
| Apr 24, 2015 | 1.66 Bn |
| Apr 24, 2015 | 1.66 Bn |
| Jan 23, 2015 | 1.66 Bn |
| Jan 23, 2015 | 1.66 Bn |
| Oct 24, 2014 | 812.00 Mn |
| Oct 24, 2014 | 812.00 Mn |
| Jul 25, 2014 | 201.00 Mn |
| Jul 25, 2014 | 201.00 Mn |