MDT
Medtronic plc (MDT)
Last Price$94.32.5%
Market Cap$120.9B
LTM Free Cash Flow margin
16.5%
5Y avg
16.8%
Medical - Devices industry median
(25.8%)
Stock quality & Intrinsic value
6/10
0.2% undervalued

Medtronic plc Free Cash Flow margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
MDT
Healthcare
Crunching data... Almost there!
Apr'05Apr'06Apr'07Apr'08Apr'09Apr'10Apr'11Apr'12Apr'13Apr'14Apr'15Apr'16Apr'17Apr'18Apr'19Apr'20Apr'21Apr'22Apr'23Apr'24
Free Cash Flow margin
23.5%
8.5%
18.6%
21.3%
22.0%
22.1%
20.0%
23.8%
26.7%
26.8%
21.4%
14.5%
18.9%
12.1%
19.2%
20.8%
16.2%
18.9%
14.7%
16.1%
MDT
Key metrics and insights to make informed decisions.
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Medtronic plc (MDT) Free Cash Flow margin comparison analysis

MDT key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Apr'05Apr'06Apr'07Apr'08Apr'09Apr'10Apr'11Apr'12Apr'13Apr'14Apr'15Apr'16Apr'17Apr'18Apr'19Apr'20Apr'21Apr'22Apr'23Apr'24
% growth
10,054.6
10.6%
11,292.0
12.3%
12,299.0
8.9%
13,515.0
9.9%
14,599.0
8.0%
15,817.0
8.3%
15,933.0
0.7%
16,184.0
1.6%
16,590.0
2.5%
17,005.0
2.5%
20,261.0
19.1%
28,833.0
42.3%
29,710.0
3.0%
29,953.0
0.8%
30,557.0
2.0%
28,913.0
(5.4%)
30,117.0
4.2%
31,686.0
5.2%
31,227.0
(1.4%)
32,364.0
3.6%
Cost of Goods Sold (COGS)2,446.42,815.33,168.03,446.03,518.03,812.03,912.03,889.04,126.04,333.06,309.09,142.09,291.09,055.09,155.09,424.010,483.010,145.010,719.011,216.0
% margin
7,608.2
75.7%
8,476.7
75.1%
9,131.0
74.2%
10,069.0
74.5%
11,081.0
75.9%
12,005.0
75.9%
12,021.0
75.4%
12,295.0
76.0%
12,464.0
75.1%
12,672.0
74.5%
13,952.0
68.9%
19,691.0
68.3%
20,419.0
68.7%
20,898.0
69.8%
21,402.0
70.0%
19,489.0
67.4%
19,634.0
65.2%
21,541.0
68.0%
20,508.0
65.7%
21,148.0
65.3%
Operating Expenses4,164.94,772.35,392.05,982.06,903.07,740.07,041.07,899.07,694.07,854.09,395.013,731.014,106.014,555.014,770.014,267.014,739.015,633.014,678.016,129.0
Research & Development Expenses (R&D)951.31,112.91,239.01,275.01,355.01,483.01,508.01,490.01,557.01,477.01,640.02,224.02,193.02,253.02,330.02,331.02,493.02,746.02,696.02,735.0
Selling, General & Administrative Expenses (SG&A)3,213.63,659.44,153.04,707.05,152.05,789.05,533.06,074.05,698.05,847.06,904.09,469.09,711.09,974.010,418.010,109.010,148.010,292.010,415.010,736.0
2,543.5
25.3%
3,161.3
28.0%
3,515.0
28.6%
2,885.0
21.3%
2,811.0
19.3%
4,371.0
27.6%
4,173.0
26.2%
4,696.0
29.0%
4,639.0
28.0%
4,084.0
24.0%
3,766.0
18.6%
5,291.0
18.4%
5,330.0
17.9%
6,651.0
22.2%
6,268.0
20.5%
4,791.0
16.6%
4,484.0
14.9%
5,752.0
18.2%
5,485.0
17.6%
5,144.0
15.9%
Interest Income0.00.00.0364.0188.0156.0172.0200.0237.0271.0386.0431.0366.0397.01,444.0300.0192.0367.0386.00.0
Interest Expense0.00.00.0255.0217.0246.0450.0149.0388.0379.0666.01,386.01,094.01,146.01,444.01,092.0925.0553.0636.0719.0
Pre-tax Income2,543.53,161.33,515.02,885.02,594.03,969.03,723.04,145.04,251.03,705.03,486.04,336.04,602.05,675.05,197.04,055.03,895.05,517.05,364.04,837.0
% effective tax rate
739.6
29.1%
614.6
19.4%
713.0
20.3%
654.0
22.7%
425.0
16.4%
870.0
21.9%
627.0
16.8%
730.0
17.6%
784.0
18.4%
640.0
17.3%
811.0
23.3%
798.0
18.4%
578.0
12.6%
2,580.0
45.5%
547.0
10.5%
(751.0)
(18.5%)
265.0
6.8%
456.0
8.3%
1,580.0
29.5%
1,133.0
23.4%
% margin
1,803.9
17.9%
2,546.7
22.6%
2,802.0
22.8%
2,231.0
16.5%
2,169.0
14.9%
3,099.0
19.6%
3,096.0
19.4%
3,617.0
22.3%
3,467.0
20.9%
3,065.0
18.0%
2,675.0
13.2%
3,538.0
12.3%
4,028.0
13.6%
3,104.0
10.4%
4,631.0
15.2%
4,789.0
16.6%
3,606.0
12.0%
5,039.0
15.9%
3,758.0
12.0%
3,676.0
11.4%
EPS1.492.112.441.971.852.802.873.433.403.062.442.512.922.293.443.572.683.752.832.77
Diluted EPS1.482.092.411.951.842.792.863.413.373.022.412.482.892.273.413.542.663.732.822.76
% margin
3,061.9
30.5%
4,172.8
37.0%
4,322.0
35.1%
3,631.0
26.9%
3,510.0
24.0%
5,143.0
32.5%
5,058.0
31.7%
5,327.0
32.9%
5,538.0
33.4%
5,645.0
33.2%
6,278.0
31.0%
8,539.0
29.6%
9,027.0
30.4%
9,189.0
30.7%
9,368.0
30.7%
7,825.0
27.1%
8,192.0
27.2%
9,554.0
30.2%
8,475.0
27.1%
8,203.0
25.3%

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FAQ

1) What is Medtronic plc's Free Cash Flow margin?

As of today, Microsoft Corp's last 12-month Free Cash Flow margin is 16.5%, based on the financial report for Jan 24, 2025 (Q1’2025). The average annual Free Cash Flow margin for Medtronic plc have been 16.2% over the past three years, and 17.6% over the past five years.

2) Is Medtronic plc's Free Cash Flow margin Good?

As of today, Medtronic plc's Free Cash Flow margin is 16.5%, which is higher than industry median of (25.8%). It indicates that Medtronic plc's Free Cash Flow margin is Good.

3) How does Medtronic plc's Free Cash Flow margin compare to its peers?

As of today, Medtronic plc's Free Cash Flow margin is 16.5%, which is higher than peer median of 14.8%. The list of peers includes ZBH, PODD, ALGN, SYK, ABT, BSX, STE, DXCM, EW, PHG.