Medtronic MDT
NYSE MDT
$86.36 -0.12 (-0.14%)
At close: Oct 2, 2026 · 4:00 PM EDT

Medtronic (MDT) Price to Sales (2015 - 2026)

Updated

Medtronic's (MDT) Price to Sales was 2.91 for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 16.4% from 3.48 a year earlier and down 0.7% from the prior quarter.

Analysis

Medtronic (MDT) Price to Sales (2015 - 2026) Analysis & Trends

For FY2026 (ended Apr 24, 2026), Price to Sales at Medtronic was 2.93, down 8.8% from FY2025.

  • Price to Sales has declined for five consecutive fiscal years.
  • By fiscal year, Price to Sales came in at 3.22 in FY2025 (-0.4%), 3.23 in FY2024 (-16.6%), 3.88 in FY2023 (-11.6%) and 4.38 in FY2022 (-25.1%).
  • The fiscal Q1 2027 figure ranks as the lowest quarterly Price to Sales since fiscal Q2 2024.
  • Year over year, Price to Sales gained in three of the last eight quarters, with growth averaging 1.2%.
  • The high point for year-over-year Price to Sales in five years was fiscal Q2 2025 (growth of 21.8%); the low point was fiscal Q1 2023 (a decline of 29.2%).
  • Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 2.93 (Q4 2026), 3.65 (Q3 2026) and 3.45 (Q2 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 242.18 Bn 221.33 Bn 4.88 Bn
2 Abbott Laboratories 168.71 Bn 139.79 Bn 7.27 Bn
3 Danaher 150.46 Bn 134.27 Bn 3.61 Bn
4 Intuitive Surgical 138.71 Bn 118.26 Bn 1.96 Bn
5 Medtronic 110.54 Bn 76.41 Bn 6.34 Bn
6 Stryker 105.66 Bn 91.78 Bn 4.50 Bn
7 Boston Scientific 61.74 Bn 56.75 Bn 3.85 Bn
8 Edwards Lifesciences 49.09 Bn 33.21 Bn 1.35 Bn
9 Becton Dickinson 48.16 Bn 45.31 Bn 2.32 Bn
10 Agilent Technologies 47.29 Bn 40.18 Bn 1.04 Bn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 2.91
Apr 24, 2026 2.93
Jan 23, 2026 3.65
Oct 24, 2025 3.45
Jul 25, 2025 3.48
Apr 25, 2025 3.22
Jan 24, 2025 3.49
Oct 25, 2024 3.52
Jul 26, 2024 3.10
Apr 26, 2024 3.23
Jan 26, 2024 3.56
Oct 27, 2023 2.89
Jul 28, 2023 3.72
Apr 28, 2023 3.88
Jan 27, 2023 3.57
Oct 28, 2022 3.75
Jul 29, 2022 3.96
Apr 29, 2022 4.38
Jan 28, 2022 4.36
Oct 29, 2021 5.07
API Access

Medtronic Price to Sales 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-sales&ticker=MDT&period=max&api_key=YOUR_API_KEY