Medtronic (MDT) Shares Outstanding (2014 - 2026)
Medtronic (MDT) reported Shares Outstanding of 1.28 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 0.1% from 1.28 billion a year earlier and down 0.2% from the prior quarter.
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Analysis
Medtronic (MDT) Shares Outstanding (2014 - 2026) Analysis & Trends
Dating back to fiscal Q4 2014, Medtronic's Shares Outstanding record includes 50 quarters.
- Shares Outstanding has declined for five consecutive fiscal years, with a five-year compound annual growth rate of -1.0% (FY2021 to FY2026).
- By fiscal year, Shares Outstanding came in at 1.29 billion in FY2025 (-3.2%), 1.33 billion in FY2024 (-0.2%), 1.33 billion in FY2023 (-0.9%) and 1.34 billion in FY2022 (-0.2%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Shares Outstanding since fiscal Q4 2015.
- The high point for year-over-year Shares Outstanding in five years was fiscal Q1 2024 (growth of 0.1%); the low point was fiscal Q2 2025 (a decline of 3.6%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 1.28 billion (Q4 2026), 1.28 billion (Q3 2026) and 1.28 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 371.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 1.74 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 705.30 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 354.10 Mn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 1.28 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 383.50 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 576.40 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 274.79 Mn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn | 282.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.28 Bn |
| Apr 24, 2026 | 1.28 Bn |
| Jan 23, 2026 | 1.28 Bn |
| Oct 24, 2025 | 1.28 Bn |
| Jul 25, 2025 | 1.28 Bn |
| Apr 25, 2025 | 1.29 Bn |
| Jan 24, 2025 | 1.28 Bn |
| Oct 25, 2024 | 1.28 Bn |
| Jul 26, 2024 | 1.29 Bn |
| Apr 26, 2024 | 1.33 Bn |
| Jan 26, 2024 | 1.33 Bn |
| Oct 27, 2023 | 1.33 Bn |
| Jul 28, 2023 | 1.33 Bn |
| Apr 28, 2023 | 1.33 Bn |
| Jan 27, 2023 | 1.33 Bn |
| Oct 28, 2022 | 1.33 Bn |
| Jul 29, 2022 | 1.33 Bn |
| Apr 29, 2022 | 1.34 Bn |
| Jan 28, 2022 | 1.34 Bn |
| Oct 29, 2021 | 1.35 Bn |
API Access
Medtronic Shares Outstanding 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=shares-outstanding&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();