About Medtronic plc
Medtronic plc (MDT) has been publicly traded since 1973, making it a 53-year-old public company. It operates in the Medical Devices industry within the Healthcare sector. The company is headquartered in Galway, Ireland and employs approximately 95,000 people. With a market capitalization of $112 billion, MDT is a large established company.
Key Statistics
- Current Price
- $87.26
- Market Cap
- $112.03B
- 52-Week High
- $106.33
- 52-Week Low
- $79.55
- Sector
- Healthcare
- Industry
- Medical Devices
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -9.17% | $96.06 | $87.25 |
| 2025 | +24.05% | $77.44 | $96.06 |
| 2024 | +0.28% | $77.22 | $77.44 |
| 2023 | +9.58% | $70.47 | $77.22 |
| 2022 | -22.55% | $90.99 | $70.47 |
| 2021 | -9.79% | $100.87 | $90.99 |
| 2020 | +5.70% | $95.43 | $100.87 |
| 2019 | +27.34% | $74.94 | $95.43 |
| 2018 | +14.60% | $65.39 | $74.94 |
| 2017 | +15.90% | $56.42 | $65.39 |
| 2016 | -5.44% | $59.67 | $56.42 |
| 2015 | +8.62% | $54.93 | $59.67 |
| 2014 | +28.15% | $42.86 | $54.93 |
| 2013 | +42.88% | $30.00 | $42.86 |
| 2012 | +10.64% | $27.11 | $30.00 |
| 2011 | +5.83% | $25.62 | $27.11 |
| 2010 | -13.79% | $29.72 | $25.62 |
| 2009 | +42.55% | $20.85 | $29.72 |
| 2008 | -36.32% | $32.74 | $20.85 |
| 2007 | -5.22% | $34.54 | $32.74 |
| 2006 | -6.29% | $36.86 | $34.54 |
| 2005 | +16.71% | $31.58 | $36.86 |
| 2004 | +2.69% | $30.75 | $31.58 |
| 2003 | +7.24% | $28.68 | $30.75 |
| 2002 | -10.36% | $31.99 | $28.68 |
| 2001 | -14.79% | $37.54 | $31.99 |
| 2000 | +66.34% | $22.57 | $37.54 |
| 1999 | -1.49% | $22.91 | $22.57 |
| 1998 | +42.10% | $16.12 | $22.91 |
| 1997 | +55.24% | $10.39 | $16.12 |
| 1996 | +22.38% | $8.49 | $10.39 |
| 1995 | +101.78% | $4.21 | $8.49 |
| 1994 | +36.90% | $3.07 | $4.21 |
| 1993 | -13.05% | $3.53 | $3.07 |
| 1992 | +1.95% | $3.47 | $3.53 |
| 1991 | +119.76% | $1.58 | $3.47 |
| 1990 | +32.82% | $1.19 | $1.58 |
| 1989 | +71.43% | $0.69 | $1.19 |
| 1988 | -15.76% | $0.82 | $0.69 |
| 1987 | +22.80% | $0.67 | $0.82 |
| 1986 | +79.07% | $0.37 | $0.67 |
| 1985 | +65.14% | $0.23 | $0.37 |
| 1984 | -33.37% | $0.34 | $0.23 |
| 1983 | -21.54% | $0.43 | $0.34 |
| 1982 | +41.86% | $0.31 | $0.43 |
| 1981 | -6.69% | $0.33 | $0.31 |
| 1980 | +19.20% | $0.27 | $0.33 |
| 1979 | +116.47% | $0.13 | $0.27 |
| 1978 | +67.76% | $0.08 | $0.13 |
| 1977 | -15.56% | $0.09 | $0.08 |
| 1976 | -13.46% | $0.10 | $0.09 |
| 1975 | +7.22% | $0.10 | $0.10 |
| 1974 | -50.51% | $0.19 | $0.10 |
Valuation
MDT currently trades at a trailing P/E ratio of 24.3, which is considered moderate relative to the broader market. The forward P/E of 14.3 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 2.3. The price-to-sales ratio is 3.2.
Dividends
Medtronic plc pays a dividend to shareholders with a current yield of 3.26%. This translates to $2.84 per share annually. The payout ratio of 79% indicates moderate dividend coverage.
Risk & Volatility
MDT has a beta of 0.73, indicating it is less volatile than the overall market. The stock's 52-week range is $79.55 to $106.33, and it currently trades in the lower half of its 52-week range.
Analyst Ratings
Based on 26 analyst opinions, MDT has a consensus "buy" rating. The average price target of $111.38 suggests 27.8% upside from current levels.
Frequently Asked Questions
What does Medtronic plc do? ▼
Medtronic plc is a Medical Devices company operating in the Healthcare sector. The company is headquartered in Galway, Ireland.
What sector is MDT in? ▼
MDT operates in the Healthcare sector, specifically in the Medical Devices industry.
When did MDT go public? ▼
Medtronic plc went public in 1973, making it a 53-year-old public company as of 2026.
How much would $1,000 invested in MDT 5 years ago be worth today? ▼
A $1,000 investment in MDT five years ago would be worth approximately $866 today, representing a -13.4% return.
Does MDT pay dividends? ▼
Yes, Medtronic plc pays a dividend with a current yield of 3.26%, which is $2.84 per share annually.
What is MDT's market cap? ▼
Medtronic plc has a market capitalization of $112 billion, classifying it as a large-cap company.
What is MDT's P/E ratio? ▼
MDT has a trailing P/E ratio of 24.3 and a forward P/E of 14.3, which measures how much investors are paying per dollar of earnings.
Is MDT a buy, hold, or sell? ▼
Based on 26 opinions, MDT has a consensus "buy" rating. The average price target is $111.38.
Last updated: 3/14/2026