Medtronic (MDT) Price to Book (2014 - 2026)
Medtronic's (MDT) quarterly Price to Book came in at 2.15 in Q3 2026, down 13.14% year-over-year from 2.48 in Q3 2025, and up 0.93% quarter-over-quarter from 2.13 in Q2 2026.
Analysis
Medtronic (MDT) Price to Book (2014 - 2026) Analysis & Trends
Medtronic has disclosed Price to Book across 13 years of filings, most recently posting 2.15 for Q3 2026.
- In Q3 2026, Price to Book fell 13.14% year-over-year to 2.15; the TTM figure through Jul 2026 stood at 2.15 (down 13.14% YoY), while the FY2026 annual figure was 2.13, down 4.72% from the prior year.
- Price to Book came in at 2.15 for Q3 2026 at Medtronic, up from 2.13 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 2.63 in Q2 2022 to a low of 1.79 in Q4 2023.
- Average Price to Book over 5 years is 2.29, with a median of 2.29 recorded in 2023.
- Year-over-year, Price to Book plunged 31.9% in 2022 and surged 33.37% in 2024.
- Over 5 years, Price to Book stood at 2.22 in 2022, then declined by 19.39% to 1.79 in 2023, then surged by 33.37% to 2.38 in 2024, then advanced by 3.06% to 2.46 in 2025, then slipped by 12.52% to 2.15 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 2.15 in Q3 2026, 2.13 in Q2 2026, and 2.63 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn |
| 9 | Resmed | 32.94 Bn | 31.47 Bn | 861.22 Mn |
| 10 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.15 |
| Apr 24, 2026 | 2.13 |
| Jan 23, 2026 | 2.63 |
| Oct 24, 2025 | 2.46 |
| Jul 25, 2025 | 2.48 |
| Apr 25, 2025 | 2.24 |
| Jan 24, 2025 | 2.33 |
| Oct 25, 2024 | 2.38 |
| Jul 26, 2024 | 2.10 |
| Apr 26, 2024 | 2.07 |
| Jan 26, 2024 | 2.21 |
| Oct 27, 2023 | 1.79 |
| Jul 28, 2023 | 2.29 |
| Apr 28, 2023 | 2.34 |
| Jan 27, 2023 | 2.13 |
| Oct 28, 2022 | 2.22 |
| Jul 29, 2022 | 2.33 |
| Apr 29, 2022 | 2.63 |
| Jan 28, 2022 | 2.63 |
| Oct 29, 2021 | 3.09 |