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Medtronic MDT Non-Controlling Interests

Non-Controlling Interests at other companies

Abbott logo
AbbottABT
$652M+147%
Intuitive Surgical logo
Intuitive SurgicalISRG
$129.3M+20.4%

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:MinorityInterest.

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
Ordinary shares— par value $0.0001, 2.6 billion shares authorized, 1,280,177,293 and 1,281,934,628 shares issued and outstanding, respectively
Additional paid-in capital20,92620,833
Retained earnings32,63831,476
Accumulated other comprehensive loss(4,101)(4,284)
Total shareholders’ equity49,46348,024
Noncontrolling interests609232
Total equity50,07248,256
Total liabilities and equity$93,028$91,680

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's non-controlling interests?
Medtronic (MDT) reported non-controlling interests of $609M in Q1 2026.
How has Medtronic's non-controlling interests changed year-over-year?
Medtronic's non-controlling interests increased by 162.5% year-over-year, from $232M to $609M.
What is the long-term trend for Medtronic's non-controlling interests?
Over 5 years (2021 to 2026), Medtronic's non-controlling interests has grown at a 28.5% compound annual growth rate (CAGR), from $174M to $609M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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