Medtronic (MDT) Price to Book (2014 - 2026)
Medtronic's (MDT) Price to Book stood at 2.15 in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 13.2% from 2.48 a year earlier but up 0.9% from the prior quarter.
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Analysis
Medtronic (MDT) Price to Book (2014 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Medtronic's Price to Book came in at 2.13, down 4.7% from FY2025.
- Across earlier fiscal years, Price to Book came in at 2.24 in FY2025 (+7.8%), 2.07 in FY2024 (-11.5%), 2.34 in FY2023 (-11.1%) and 2.63 in FY2022 (-22.8%).
- Quarterly Price to Book has ranged from 1.79 in fiscal Q2 2024 to 3.09 in fiscal Q2 2022 over the past five years.
- On a year-over-year basis, Price to Book rose in six of the last eight quarters, with growth averaging 7.8%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 33.4% in fiscal Q2 2025, against a decline of 31.9% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 2.13 (Q4 2026), 2.63 (Q3 2026) and 2.46 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn |
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 |
API Access
Medtronic Price to Book 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=price-to-book&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();