MDTMedtronic

$92.40

Is the price fair?

What MDT's price assumes

Medtronic trades at 22.7× earnings against 30.9× for the median Medical Devices name, cheaper than its own group.

22.7

Trailing P/E · Medical Devices median 30.9 · cheaper than the typical name in its group

Price / sales
2.93

Price / sales · as of 2026-Q2

Free cash flow yield
6.0%

Free cash flow yield · Medical Devices median 3.9%

Growth the price implies
+3.2%

Growth the price implies · The price pays for +3.2% free cash flow growth a year for a decade; the business has delivered +11% a year over the last three.

Details
Price / book2026-Q2
2.16
Healthcare median P/E362 names
29.9
Medical Devices median P/E39 names
30.9
Free cash flow, trailing twelve months
$6.13B
Market capitalisation
$101.9B
3-year revenue growth
+6.0%
3-year free cash flow growth
+11%
What the market has paid for these earnings: 38 quarters of its own multiple × $4.07 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$100.51
Its own P/E history, median$103.73
Its own P/E history, upper quartile$114.03
52-week range$73.75 – $103.73
Today$92.40

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.