Medtronic MDT
NYSE MDT
$94.16 +1.05 (+1.13%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Medtronic's (MDT) quarterly Price to Sales came in at 2.91 in Q3 2026, down 16.4% year-over-year from 3.48 in Q3 2025, and down 0.72% quarter-over-quarter from 2.93 in Q2 2026.

Analysis

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

Medtronic has disclosed Price to Sales across 12 years of filings, most recently posting 2.91 for Q3 2026.

  • In Q3 2026, Price to Sales fell 16.4% year-over-year to 2.91; the TTM figure through Jul 2026 stood at 2.91 (down 16.4% YoY), while the FY2026 annual figure was 2.93, down 8.82% from the prior year.
  • Price to Sales came in at 2.91 for Q3 2026 at Medtronic, down from 2.93 in the prior quarter.
  • In the past five years, Price to Sales ranged from a high of 4.38 in Q2 2022 to a low of 2.89 in Q4 2023.
  • Average Price to Sales over 5 years is 3.53, with a median of 3.52 recorded in 2024.
  • Year-over-year, Price to Sales slipped 29.17% in 2022 and advanced 21.85% in 2024.
  • Over 5 years, Price to Sales stood at 3.75 in 2022, then declined by 22.91% to 2.89 in 2023, then increased by 21.85% to 3.52 in 2024, then declined by 1.89% to 3.45 in 2025, then slipped by 15.71% to 2.91 in 2026.
  • Per Business Quant data, the three most recent Price to Sales figures were 2.91 in Q3 2026, 2.93 in Q2 2026, and 3.65 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

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