Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.92.
Forward PE Ratio (16.92) = Close Price ($93.35) / Consensus Forward EPS ($5.52)
FORWARD PE RATIO
16.92
SECTOR MEDIAN · HEALTHCARE
19.91
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
-15.04%
vs the sector median at left
Medtronic plc
Market Cap
$119.49B
Forward PE Ratio
16.92
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Medtronic plc (MDT) | $119.49B | 16.92 |
| CVS Health Corp. (CVS)vs › | $118.69B | 11.66 |
| Stryker Corporation (SYK)vs › | $126.30B | 21.93 |
| Intuitive Surgical, Inc. (ISRG)vs › | $133.83B | 35.08 |
| GSK plc (GSK)vs › | $105.00B | 14.65 |
| Bristol-Myers Squibb Company (BMY)vs › | $136.88B | 9.67 |
| McKesson Corporation (MCK)vs › | $100.56B | 22.02 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $139.10B | 29.24 |
| HCA Healthcare, Inc. (HCA)vs › | $92.92B | 14.54 |
| Elevance Health Inc. (ELV)vs › | $86.86B | 14.75 |
Trailing P/E
25.0
reported TTM EPS
Forward P/E
16.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.52 implies +48.0% EPS growth vs the reported trailing $3.73.
At today's $93.35 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2027-04-24 | $5.95 | $5.89 – $6.01 | 17 | 15.7x |
| 2028-04-24 | $6.39 | $6.25 – $6.58 | 17 | 14.6x |
| 2029-04-24 | $6.94 | $6.22 – $7.44 | 6 | 13.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
