Medtronic (MDT) Price to Sales (2014 - 2026)
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.
Powered by 
Analysis
Medtronic (MDT) Price to Sales (2014 - 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 | 259.20 Bn | 235.84 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 185.80 Bn | 160.26 Bn | 7.39 Bn |
| 3 | Danaher | 162.11 Bn | 141.76 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 155.35 Bn | 135.64 Bn | 2.08 Bn |
| 5 | Medtronic | 131.92 Bn | 97.43 Bn | 6.34 Bn |
| 6 | Stryker | 119.74 Bn | 105.93 Bn | 4.25 Bn |
| 7 | Boston Scientific | 64.30 Bn | 59.73 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 61.64 Bn | 44.85 Bn | 1.35 Bn |
| 9 | Agilent Technologies | 48.79 Bn | 41.68 Bn | 1.04 Bn |
| 10 | GE HealthCare Technologies | 37.32 Bn | 25.55 Bn | 2.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.95 |
| Apr 24, 2026 | 2.98 |
| Oct 24, 2025 | 3.55 |
| Jul 25, 2025 | 3.62 |
| Oct 25, 2024 | 3.63 |
| Jul 26, 2024 | 3.24 |
| Oct 27, 2023 | 3.01 |
| Jul 28, 2023 | 3.85 |
| Oct 28, 2022 | 3.75 |
| Jul 29, 2022 | 3.99 |
| Oct 29, 2021 | 5.38 |
| Jul 30, 2021 | 6.27 |
| Oct 30, 2020 | 4.86 |
| Jul 31, 2020 | 4.68 |
| Apr 24, 2020 | 4.54 |
| Oct 25, 2019 | 4.58 |
| Jul 26, 2019 | 4.51 |
| Apr 26, 2019 | 3.76 |
| Oct 26, 2018 | 4.02 |
| Jul 27, 2018 | 4.00 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();