Medtronic (MDT) Payout Ratio (2015 - 2026)
Medtronic's (MDT) quarterly Payout Ratio came in at 0.69 in Q3 2026, down 9.81% year-over-year from 0.77 in Q3 2025, and down 7.94% quarter-over-quarter from 0.75 in Q2 2026.
Analysis
Medtronic (MDT) Payout Ratio (2015 - 2026) Analysis & Trends
Medtronic has disclosed Payout Ratio across 12 years of filings, most recently posting 0.69 for Q3 2026.
- In Q3 2026, Payout Ratio fell 9.81% year-over-year to 0.69; the TTM figure through Jul 2026 stood at 0.69 (down 9.81% YoY), while the FY2026 annual figure was 0.75, down 1.65% from the prior year.
- Payout Ratio came in at 0.69 for Q3 2026 at Medtronic, down from 0.75 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 0.99 in Q3 2023 to a low of 0.66 in Q3 2022.
- Average Payout Ratio over 5 years is 0.81, with a median of 0.81 recorded in 2022.
- Year-over-year, Payout Ratio tumbled 36.22% in 2022 and soared 51.07% in 2023.
- Over 5 years, Payout Ratio stood at 0.81 in 2022, then increased by 9.74% to 0.88 in 2023, then declined by 5.06% to 0.84 in 2024, then declined by 10.14% to 0.75 in 2025, then dropped by 8.14% to 0.69 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 0.69 in Q3 2026, 0.75 in Q2 2026, and 0.78 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.67 Bn | 178.06 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 124.18 Bn | 118.97 Bn | 1.96 Bn |
| 3 | Medtronic | 118.33 Bn | 109.51 Bn | 6.34 Bn |
| 4 | Stryker | 105.21 Bn | 101.73 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.61 Bn | 66.07 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.73 Bn | 45.47 Bn | 1.35 Bn |
| 7 | Alcon | 33.91 Bn | 32.46 Bn | 1.68 Bn |
| 8 | Dexcom | 32.28 Bn | 30.34 Bn | 830.00 Mn |
| 9 | Steris | 21.09 Bn | 20.61 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 18.18 Bn | 17.77 Bn | 1.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.69 |
| Apr 24, 2026 | 0.75 |
| Jan 23, 2026 | 0.78 |
| Oct 24, 2025 | 0.75 |
| Jul 25, 2025 | 0.77 |
| Apr 25, 2025 | 0.77 |
| Jan 24, 2025 | 0.84 |
| Oct 25, 2024 | 0.84 |
| Jul 26, 2024 | 0.92 |
| Apr 26, 2024 | 0.99 |
| Jan 26, 2024 | 0.86 |
| Oct 27, 2023 | 0.88 |
| Jul 28, 2023 | 0.99 |
| Apr 28, 2023 | 0.96 |
| Jan 27, 2023 | 0.87 |
| Oct 28, 2022 | 0.81 |
| Jul 29, 2022 | 0.66 |
| Apr 29, 2022 | 0.67 |
| Jan 28, 2022 | 0.67 |
| Oct 29, 2021 | 0.69 |