Medtronic (MDT) Return on Sales [ROS] (2013 - 2026)
Medtronic (MDT) reported Return on Sales [ROS] of 18.08% for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 1.24 percentage points from 16.85% a year earlier but down 1.02 percentage points from the prior quarter.
Medtronic (MDT) Return on Sales [ROS] (2013 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Medtronic posted Return on Sales [ROS] of 17.78%, up 0.03 percentage points from FY2025.
- Return on Sales [ROS] has a five-year change of +2.90 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Sales [ROS] came in at 17.76% in FY2025 (+1.86 pp), 15.89% in FY2024 (-1.67 pp), 17.56% in FY2023 (-0.59 pp) and 18.15% in FY2022 (+3.26 pp).
- Five-year quarterly Return on Sales [ROS] spans a low of 12.26% in fiscal Q4 2024 and a high of 21.37% in fiscal Q3 2022.
- Year over year, Return on Sales [ROS] gained in six of the last eight quarters, with an average year-over-year change of +1.09 percentage points.
- The high point for year-over-year Return on Sales [ROS] in five years was fiscal Q2 2022 (a gain of 7.76 percentage points); the low point was fiscal Q4 2024 (a drop of 6.05 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 19.10% (Q4 2026), 16.24% (Q3 2026) and 18.81% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.20 Bn | 235.84 Bn | 5.13 Bn | 18.65% |
| 2 | Abbott Laboratories | 185.80 Bn | 160.26 Bn | 7.39 Bn | 10.44% |
| 3 | Danaher | 162.11 Bn | 141.76 Bn | 3.84 Bn | 19.00% |
| 4 | Intuitive Surgical | 155.35 Bn | 135.64 Bn | 2.08 Bn | 19.44% |
| 5 | Medtronic | 131.92 Bn | 97.43 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 119.74 Bn | 105.93 Bn | 4.25 Bn | 15.86% |
| 7 | Boston Scientific | 64.30 Bn | 59.73 Bn | 3.43 Bn | 16.12% |
| 8 | Edwards Lifesciences | 61.64 Bn | 44.85 Bn | 1.35 Bn | 17.44% |
| 9 | Agilent Technologies | 48.79 Bn | 41.68 Bn | 1.04 Bn | 23.64% |
| 10 | GE HealthCare Technologies | 37.32 Bn | 25.55 Bn | 2.22 Bn | 14.60% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.08% |
| Apr 24, 2026 | 19.10% |
| Oct 24, 2025 | 18.81% |
| Jul 25, 2025 | 16.85% |
| Oct 25, 2024 | 18.98% |
| Jul 26, 2024 | 16.15% |
| Oct 27, 2023 | 16.78% |
| Jul 28, 2023 | 16.46% |
| Oct 28, 2022 | 18.51% |
| Jul 29, 2022 | 15.26% |
| Oct 29, 2021 | 19.92% |
| Jul 30, 2021 | 10.75% |
| Oct 30, 2020 | 12.16% |
| Jul 31, 2020 | 10.34% |
| Apr 24, 2020 | 5.27% |
| Oct 25, 2019 | 17.53% |
| Jul 26, 2019 | 19.82% |
| Apr 26, 2019 | 23.89% |
| Oct 26, 2018 | 20.64% |
| Jul 27, 2018 | 16.74% |
Medtronic Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();