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Medtronic Plc stock: growth

MDT
$100.99Closing price of 12 Nov 2026MEQIRI Score 70 out of 100

Medtronic Plc reported $36.36B in revenue for fiscal 2026, up 8.4% on the prior year, up 3.8% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
5.9%
per year from 2007 to 2026, per share 5.3%
Earnings (Annual rate)
2.9%
per year from 2007 to 2026, per share 2.3%
Free cash flow (Annual rate)
4.7%
per year from 2007 to 2026, per share 4.1%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2021since 2016since 2007
Revenue3.8%2.3%5.9%
Revenue per share4.8%3.3%5.3%
Earnings5.9%3.1%2.9%
Earnings per share6.9%4.1%2.3%
Free cash flow2.1%2.7%4.7%
Free cash flow per share3.1%3.6%4.1%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2007$12.3B$2.8B$2.29B
2008$13.52B$2.23B$2.88B
2009$14.6B$2.17B$3.22B
2010$15.82B$3.1B$3.5B
2011$15.93B$3.1B$3.19B
2012$16.18B$3.62B$3.85B
2013$16.59B$3.47B$4.43B
2014$17.01B$3.07B$4.56B
2015$20.26B$2.68B$4.33B
2016$28.83B$3.54B$4.17B
2017$29.71B$4.03B$5.63B
2018$29.95B$3.1B$3.62B
2019$30.56B$4.63B$5.87B
2020$28.91B$4.79B$6.02B
2021$30.12B$3.61B$4.89B
2022$31.69B$5.04B$5.98B
2023$31.23B$3.76B$4.58B
2024$32.36B$3.68B$5.2B
2025$33.54B$4.66B$5.19B
2026$36.36B$4.8B$5.43B

Revenue by segment

How Medtronic Plc makes its money and how that has shifted. Names are as the company reports them.

  • Cardiac and Vascular Group38%
  • Neuroscience Group28%
  • Medical Surgical24%
  • Diabetes Group9%
Figures as a table
20222023202420252026Share 2026
Cardiac and Vascular Group$11.42B$11.57B$11.83B$12.48B$13.98B38.4%
Neuroscience Group$8.78B$8.96B$9.41B$9.85B$10.29B28.3%
Medical Surgical$9.14B$8.43B$8.42B$8.41B$8.82B24.2%
Diabetes Group$2.34B$2.26B$2.49B$2.76B$3.11B8.6%
Total revenue$31.69B$31.23B$32.36B$33.54B$36.36B100%

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 24 Apr 2026
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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