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Medtronic MDT Shipping and Handling — Selling, general, and administrative expense

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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$100.14B-9.1%
Enterprise value$127.4B-7.4%
P/E20.9×-2.8×
P/S2.8×-0.5×

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:SellingGeneralAndAdministrativeExpense.

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

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Questions, answered.

What is Medtronic's shipping and handling — selling, general, and administrative expense?
Medtronic (MDT) reported shipping and handling — selling, general, and administrative expense of $84M in Q1 2026.
How has Medtronic's shipping and handling — selling, general, and administrative expense changed year-over-year?
Medtronic's shipping and handling — selling, general, and administrative expense increased by 4.3% year-over-year, from $80.5M to $84M.
What is the long-term trend for Medtronic's shipping and handling — selling, general, and administrative expense?
Over 4 years (2022 to 2026), Medtronic's shipping and handling — selling, general, and administrative expense has grown at a -1.3% compound annual growth rate (CAGR), from $354M to $336M.
What does shipping and handling — selling, general, and administrative expense mean?
This metric represents the indirect costs associated with the logistics, distribution, and administrative support functions specifically allocated to the shipping and handling segment. It captures the overhead required to manage the movement of medical devices from manufacturing facilities to healthcare providers. Monitoring these expenses helps assess the operational efficiency of the supply chain and the cost-to-serve for the company's product distribution network.