Medtronic MDT
NYSE MDT
$103.10 +2.11 (+2.09%)
As of: Nov 13, 2026 · 12:00 PM EST

Medtronic (MDT) Return on Sales [ROS] (2013 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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