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Medtronic MDT Goodwill

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Segments

By segment

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Other Operating Segments$2.26B0.0%

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$110.07B-3.9%
Enterprise value$137.33B-3.2%
P/E22.9×-1.6×
P/S-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:Goodwill.

The source filing: Medtronic’s 10-K, filed June 18, 2026.

Filed
Jun 18, 2026, 4:27 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-044354
(in millions, except share amounts)April 24, 2026April 25, 2025
Other current assets2,9722,858
Total current assets24,78723,814
Property, plant, and equipment, net7,4176,837
Goodwill42,58741,737
Other intangible assets, net10,14611,667
Tax assets3,9434,040
Other assets4,1473,584
Total assets$93,028$91,680

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's goodwill?
Medtronic (MDT) reported goodwill of $42.59B in Q1 2026.
How has Medtronic's goodwill changed year-over-year?
Medtronic's goodwill increased by 2.0% year-over-year, from $41.74B to $42.59B.
What is the long-term trend for Medtronic's goodwill?
Over 5 years (2021 to 2026), Medtronic's goodwill has grown at a 0.3% compound annual growth rate (CAGR), from $41.96B to $42.59B.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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