Medtronic (MDT) Payout Ratio (2015 - 2026)
Medtronic's (MDT) Payout Ratio came in at 0.70 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 9.7% from 0.77 a year earlier and down 7.9% from the prior quarter.
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Analysis
Medtronic (MDT) Payout Ratio (2015 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Medtronic's Payout Ratio stood at 0.76, down 1.5% from FY2025.
- In prior fiscal years, Medtronic's Payout Ratio was 0.77 in FY2025 (-22.8%), 1.00 in FY2024 (+3.6%), 0.96 in FY2023 (+43.3%) and 0.67 in FY2022 (-22.4%).
- The fiscal Q1 2027 figure stands as the lowest quarterly Payout Ratio since fiscal Q1 2023.
- On a year-over-year basis, Payout Ratio has declined in each of the last nine quarters, with an average decline of 9.5% over the last eight quarters.
- The strongest year-over-year quarter for Payout Ratio in the past five years was fiscal Q1 2024, with growth of 51.8%; the weakest was fiscal Q3 2022, with a decline of 36.2%.
- According to Business Quant data, Payout Ratio for the three prior fiscal quarters was 0.76 (Q4 2026), 0.79 (Q3 2026) and 0.76 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 254.87 Bn | 233.89 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 178.85 Bn | 149.28 Bn | 7.27 Bn |
| 3 | Danaher | 158.49 Bn | 142.30 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 154.99 Bn | 134.41 Bn | 1.96 Bn |
| 5 | Medtronic | 121.02 Bn | 86.28 Bn | 6.34 Bn |
| 6 | Stryker | 116.94 Bn | 103.05 Bn | 4.50 Bn |
| 7 | Boston Scientific | 66.98 Bn | 61.75 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 53.23 Bn | 50.38 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn |
| 10 | Agilent Technologies | 48.79 Bn | 41.68 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.70 |
| Apr 24, 2026 | 0.76 |
| Jan 23, 2026 | 0.79 |
| Oct 24, 2025 | 0.76 |
| Jul 25, 2025 | 0.77 |
| Apr 25, 2025 | 0.77 |
| Jan 24, 2025 | 0.85 |
| Oct 25, 2024 | 0.85 |
| Jul 26, 2024 | 0.93 |
| Apr 26, 2024 | 1.00 |
| Jan 26, 2024 | 0.87 |
| Oct 27, 2023 | 0.89 |
| Jul 28, 2023 | 1.00 |
| 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 | 0.68 |
| Oct 29, 2021 | 0.69 |
API Access
Medtronic Payout Ratio 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=payout-ratio&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();