Medtronic (MDT) Return on Equity [ROE] (2015 - 2026)
Medtronic (MDT) reported Return on Equity [ROE] of 10.44% for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 0.71 percentage points from 9.73% a year earlier and up 0.70 percentage points from the prior quarter.
Medtronic (MDT) Return on Equity [ROE] (2015 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Medtronic posted Return on Equity [ROE] of 9.84%, up 0.33 percentage points from FY2025.
- Return on Equity [ROE] has increased for three consecutive fiscal years, with a five-year change of +2.75 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Equity [ROE] came in at 9.51% in FY2025 (+2.25 pp), 7.26% in FY2024 (+0.01 pp), 7.25% in FY2023 (-2.45 pp) and 9.70% in FY2022 (+2.62 pp).
- The fiscal Q1 2027 figure ranks as the highest quarterly Return on Equity [ROE] in data going back to fiscal Q4 2015.
- Year over year, Return on Equity [ROE] has now increased in each of the last nine quarters, with an average year-over-year change of +1.01 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was fiscal Q3 2022 (a gain of 3.67 percentage points); the low point was fiscal Q1 2024 (a drop of 2.81 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 9.75% (Q4 2026), 9.46% (Q3 2026) and 9.88% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 13.36% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 10.39% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 7.56% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 17.60% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 10.44% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | -3.90% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.31% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 3.88% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 9.53% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 19.88% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.44% |
| Apr 24, 2026 | 9.75% |
| Jan 23, 2026 | 9.46% |
| Oct 24, 2025 | 9.88% |
| Jul 25, 2025 | 9.73% |
| Apr 25, 2025 | 9.59% |
| Jan 24, 2025 | 8.73% |
| Oct 25, 2024 | 8.93% |
| Jul 26, 2024 | 8.03% |
| Apr 26, 2024 | 7.24% |
| Jan 26, 2024 | 8.17% |
| Oct 27, 2023 | 8.01% |
| Jul 28, 2023 | 7.09% |
| Apr 28, 2023 | 7.33% |
| Jan 27, 2023 | 7.88% |
| Oct 28, 2022 | 8.28% |
| Jul 29, 2022 | 9.90% |
| Apr 29, 2022 | 9.60% |
| Jan 28, 2022 | 9.41% |
| Oct 29, 2021 | 9.11% |
Medtronic Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();