What is Medtronic's FX effect on cash?

Medtronic (MDT) reported FX effect on cash of $33M in Q1 2026.

How has Medtronic's FX effect on cash changed year-over-year?

Medtronic's FX effect on cash decreased by 88.3% year-over-year, from $283M to $33M.

What does FX effect on cash mean?

The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.

Medtronic MDT FX Effect on Cash

FX Effect on Cash at other companies

AbbottABT

-$23M-196%

TFX

TeleflexTFX

-$4.89M-197%

Johnson & JohnsonJNJ

-$25M-136%

StrykerSYK

-$19M-195%

ArtivionAORT

-$258K-129%

CONMEDCNMD

-$814K-199%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$2.6B+1.8%

CapEx$488.0M+6.3%

Free cash flow$2.1B+0.8%

Valuation

See full

Market cap$100.14B-3.6%

Enterprise value$127.4B-3.0%

P/E20.9×-1.4×

P/S2.8×-0.3×

Profitability

See full

Gross margin65%-0.3pp

Operating margin17.8%0.0pp

Net margin13.2%-0.7pp

FCF margin14.9%-0.5pp

Returns & leverage

See full

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:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents.

The official record: Medtronic’s 10-K, filed June 18, 2026, on SEC EDGAR. View the filing →

Ask your AI about Medtronic's fx effect on cash.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Medtronic's FX effect on cash?: Medtronic (MDT) reported FX effect on cash of $33M in Q1 2026.
How has Medtronic's FX effect on cash changed year-over-year?: Medtronic's FX effect on cash decreased by 88.3% year-over-year, from $283M to $33M.
What does FX effect on cash mean?: The impact of exchange rate changes on the value of cash and equivalents held in foreign currencies.