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Companies / Health Care / Medtronic
MDT

Medtronic

Health CareElectromedical ApparatusS&P 500
Ticker MDTGALWAYFiscal year ends AprilBook value per share $39.09Diluted shares 1.3B

Medtronic plc (NYSE: MDT) is the leading global healthcare technology company, headquartered in Ireland and serving healthcare systems, physicians, clinicians, and patients in more than 150 countries worldwide. Founded in 1949, the company operates with a mission to alleviate pain, restore health, and extend life… From the company’s description.

Fiscal year 2026 · ends 04-24Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-07-31
Sales & profitability
$36.36BFY2026
+8.4% year over year
Last 12 mo $37.54B
17.78%FY2026
No change, year over year
Last 12 mo 18.08%
$4.84BFY2026
+3.1% year over year
Last 12 mo $5.27B
9.71%FY2026
No change, year over year
Last 12 mo 10.41%
Cash & financing
$7.33BFY2026
+4.1% year over year
Last 12 mo $8.04B
$5.43BFY2026
+4.6% year over year
Last 12 mo $6.13B
0.57FY2026
Was 0.59× a year earlier
Last 12 mo 0.56
1.3BFY2026
−0.1% year over year
Last 12 mo 1.3B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Medtronic does

In the company’s own words

Medtronic plc (NYSE: MDT) is the leading global healthcare technology company, headquartered in Ireland and serving healthcare systems, physicians, clinicians, and patients in more than 150 countries worldwide. Founded in 1949, the company operates with a mission to alleviate pain, restore health, and extend life through the application of biomedical engineering. More information about the company is available at www.medtronic.com.

The company operates three primary reportable segments: the Cardiovascular Portfolio, the Neuroscience Portfolio, and the Medical Surgical Portfolio. The Cardiovascular Portfolio encompasses cardiac rhythm management, structural heart and aortic therapies, and coronary and peripheral vascular solutions. The Neuroscience Portfolio includes cranial and spinal technologies, specialty therapies for stroke and neurological conditions, and neuromodulation systems for chronic pain and brain modulation. The Medical Surgical Portfolio comprises surgical and endoscopy products alongside acute care and monitoring solutions. In March 2026, Medtronic completed the initial public offering of its Diabetes Business, which was separated as MiniMed Group, Inc.

Medtronic employs over 95,000 full-time employees globally, with 43 percent based in the United States or Puerto Rico. The company manufactures products at facilities located throughout the world and maintains a global distribution network combining direct sales representatives and third-party distributors.

The company's product portfolio includes implantable cardiac devices, surgical instruments, robotic-assisted surgery systems, neurovascular products, spinal implants, and patient monitoring systems. Notable brands and technologies include the Azure pacemaker line, CoreValve aortic valve systems, Hugo robotic-assisted surgery platform, Evolut transcatheter aortic valve replacement systems, and various neuromodulation and spinal cord stimulation devices.

Medtronic's competitive advantages include extensive intellectual property protections, established relationships with healthcare providers and institutions, advanced manufacturing capabilities, and a robust research and development pipeline addressing unmet clinical needs. The company pursues innovation through internal development, strategic acquisitions, licensing arrangements, and external collaborations to maintain technological leadership across its diverse therapeutic markets.

Company details
Sector
Health Care
Industry (SIC)
Electromedical Apparatus
Headquarters
GALWAY
Fiscal year end
April
CIK
1613103
SIC
3845

Financial performance, year by year

Fiscal 2015–2026 · USD
$-3.75B$7.51B$18.77B$30.03B$41.30B201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Medtronic — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

382
funds hold it
1 of 35
superinvestors hold it
$14.83B
held by funds, at market
14.8%
of shares held by funds

Superinvestors in Medtronic · what they did last quarter

Mark HillmanINCREASED +55.6%
Hillman Capital Management
0.3%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Medtronic’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.14%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.16%of fund net assets
VANGUARD VALUE INDEX FUND
VTV · VANGUARD INDEX FUNDS
0.38%of fund net assets
VANGUARD DIVIDEND APPRECIATION INDEX FUND
VIG · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD INSTITUTIONAL INDEX FUND
VINIX · VANGUARD INSTITUTIONAL INDEX FUNDS
0.16%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Medtronic and its peers compare on margins and cash generation over ten years?”
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