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Medtronic MDT Price / book

Price / book at other companies

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AbbottABT
3.1×-1.7×
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TeleflexTFX
1.7×+0.2×
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Johnson & JohnsonJNJ
7.2×+2.5×
Artivion logo
ArtivionAORT
3.9×+0.4×
CONMED logo
CONMEDCNMD
0.9×-0.7×
Merit Medical Systems logo
Merit Medical SystemsMMSI
2.5×-1.8×

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$109.3B-4.8%
Enterprise value$136.56B-4.0%
P/E22.8×-1.9×
P/S-0.4×

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

Calculated from Medtronic’s reported figures.

Based on the most recent quarter.

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

Filed
Jun 18, 2026, 4:27 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-044354

FAQ

What is Medtronic's price / book?
Medtronic (MDT) reported price / book of 2.1× in Q1 2026.
How has Medtronic's price / book changed year-over-year?
Medtronic's price / book decreased by 6.6% year-over-year, from 2.3× to 2.1×.
What is the long-term trend for Medtronic's price / book?
Over 5 years (2021 to 2026), Medtronic's price / book has grown at a -9.3% compound annual growth rate (CAGR), from 3.4× to 2.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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