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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |