Equity
Retained Earnings
Medtronic Retained Earnings increased by 0.7% to $32.3B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $31.32B to $32.3B. Over 4 years (FY 2021 to FY 2025), Retained Earnings shows an upward trend with a 2.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Feb 24, 2026
How to read this metric
An increasing trend signals strong historical profitability and potential for future reinvestment.
Detailed definition
Retained earnings represent the cumulative net income earned by the company since inception, minus any dividends paid to...
Peer comparison
High for mature, profitable companies; low for early-stage companies with accumulated losses.
Metric ID:
retained_earningsHistorical Data
20 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.59B | $28.51B | $28.97B | $29.61B | $30.25B | $30.28B | $29.8B | $30.12B | $30.39B | $30.27B | $30.26B | $30.66B | $30.4B | $30.55B | $30.92B | $31.32B | $31.48B | $31.61B | $32.07B | $32.3B |
| QoQ Change | — | -0.3% | +1.6% | +2.2% | +2.2% | +0.1% | -1.6% | +1.1% | +0.9% | -0.4% | -0.0% | +1.3% | -0.8% | +0.5% | +1.2% | +1.3% | +0.5% | +0.4% | +1.5% | +0.7% |
| YoY Change | — | — | — | — | +5.8% | +6.2% | +2.8% | +1.7% | +0.5% | -0.0% | +1.5% | +1.8% | +0.0% | +0.9% | +2.2% | +2.1% | +3.5% | +3.5% | +3.7% | +3.1% |
Range$28.51B – $32.3B
CAGR+2.6%
Avg YoY Growth+2.5%
Median YoY Growth+2.2%
Current Streak7 quarters growth
Retained Earnings at Other Companies
Frequently Asked Questions
- What is Medtronic's retained earnings?
- Medtronic (MDT) reported retained earnings of $32.3B in Q4 2025.
- How has Medtronic's retained earnings changed year-over-year?
- Medtronic's retained earnings increased by 3.1% year-over-year, from $31.32B to $32.3B.
- What is the long-term trend for Medtronic's retained earnings?
- Over 4 years (2021 to 2025), Medtronic's retained earnings has grown at a 2.4% compound annual growth rate (CAGR), from $28.59B to $31.48B.
- What does retained earnings mean?
- The portion of total profits kept in the business rather than paid out as dividends.