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Medtronic MDT Equity Method Investments

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Other financials

Income statement

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Revenue$9.8B+9.9%
Gross profit$6.4B+10.9%
Operating income$1.9B+30.4%
Net income$1.2B+17.8%
EPS (diluted)$0.97+18.3%

Balance sheet

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Cash & equivalents$1.9B-12.1%
Total debt$29.2B-1.6%
Total equity$49.5B+3.0%
Total assets$93.0B+1.5%

Cash flow

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Operating cash flow$2.6B+1.8%
CapEx$488.0M+6.3%
Free cash flow$2.1B+0.8%

Valuation

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Market cap$114.45B-3.7%
Enterprise value$141.71B-3.1%
P/E23.8×-1.7×
P/S3.2×-0.3×

Profitability

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Gross margin65%-0.3pp
Operating margin17.8%0.0pp
Net margin13.2%-0.7pp
FCF margin14.9%-0.5pp

Returns & leverage

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Return on equity9.8%+0.4pp
Debt / equity0.6×0.0×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Medtronic in its filing.

Tagged under the XBRL concept us-gaap:EquitySecuritiesWithoutReadilyDeterminableFairValueAmount.

The source filing: Medtronic’s 10-Q, filed February 24, 2026.

Filed
Feb 24, 2026, 4:18 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-011107
(in millions)January 23, 2026April 25, 2025
Investments with readily determinable fair value (marketable equity securities)$144$17
Investments for which the fair value option has been elected50140
Investments without readily determinable fair values730705
Equity method and other investments7989
Total equity and other investments$1,003$951

Item 1. Financial Statements

FAQ

What is Medtronic's equity method investments?
Medtronic (MDT) reported equity method investments of $730M in Q4 2025.
How has Medtronic's equity method investments changed year-over-year?
Medtronic's equity method investments decreased by 9.8% year-over-year, from $809M to $730M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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