Medtronic (MDT) Interest Coverage Ratio: History & Chart

Medtronic plc(MDT)

Medical - Devices · Galway, GA

$92.39+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

About Medtronic plc

Medtronic plc is a leading global medical technology enterprise that invents, develops, manufactures, and distributes an extensive range of device-based medical therapies. These solutions serve healthcare systems, clinicians, physicians, and patients across the world. The company's operations are categorized into several key portfolios: Cardiovascular Portfolio: This segment focuses on cardiac health, providing technologies for heart rhythm management, including implantable pacemakers, defibrillators, and monitoring systems, alongside cardiac ablation tools and remote patient software. It also addresses structural heart issues with products like aortic and pulmonary valves, surgical repair devices, and endovascular stent grafts, in addition to offerings for percutaneous coronary interventions (e.g., angioplasty balloons). Medical Surgical Portfolio: Offering a broad spectrum of surgical instruments and therapies, this division includes staples, vessel sealing devices, wound closure products, and electrosurgical equipment. It also pioneers surgical artificial intelligence and robotic-assisted platforms, alongside solutions for hernia repair, gynecology, lung conditions, minimally invasive gastrointestinal and hepatologic diagnostics, patient monitoring, airway management, ventilation therapies, and renal disease. Neuroscience Portfolio: This division delivers specialized products for a diverse group of medical professionals, such as spinal surgeons, neurosurgeons, neurologists, pain management specialists, and ENT experts. Its offerings span energy surgical instruments, advanced image-guided and intra-operative imaging systems, robotic guidance for spine procedures, and therapies targeting the brain's vasculature. Diabetes Operating Unit: Dedicated to diabetes management, this unit provides innovative solutions like insulin pumps and their associated consumables, continuous glucose monitoring (CGM) systems, and smart insulin pen technologies. Established in 1949, Medtronic plc maintains its corporate headquarters in Dublin, Ireland.

Galway, GA

95,000 employees

www.medtronic.com

Healthcare / Medical - Devices

Sector: Healthcare
Industry: Medical - Devices
CEO: Geoffrey Straub Martha

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MDT Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

9.04x

INTEREST COVERAGE RATIO AVG TTM

9.36x

INTEREST COVERAGE RATIO AVG 3Y

8.52x

INTEREST COVERAGE RATIO AVG 5Y

9.11x

INTEREST COVERAGE RATIO AVG 10Y

7.32x

INTEREST COVERAGE RATIO AVG 15Y

8.26x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-3.38%

CURRENT VS 3Y AVG

+6.13%

CURRENT VS 5Y AVG

-0.73%

CURRENT VS 10Y AVG

+23.56%

CURRENT VS 15Y AVG

+9.45%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · HEALTHCARE

6.88x

median of 82 covered companies

CURRENT VS SECTOR MEDIAN

+31.30%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Medtronic plc (MDT)	$118.26B	9.04x	9.36x	8.52x	9.11x
CVS Health Corp. (CVS)vs ›	$122.58B	3.33x	3.10x	3.72x	4.16x
Intuitive Surgical, Inc. (ISRG)vs ›	$123.70B	N/A	55.58x	55.58x	55.58x
Stryker Corporation (SYK)vs ›	$105.97B	8.05x	10.41x	10.98x	10.79x
Bristol-Myers Squibb Company (BMY)vs ›	$132.14B	7.26x	6.11x	6.76x	6.22x
McKesson Corporation (MCK)vs ›	$104.10B	26.13x	21.60x	19.33x	18.13x
Sanofi (SNY)vs ›	$103.62B	15.33x	13.49x	16.74x	20.21x
Vertex Pharmaceuticals Incorporated (VRTX)vs ›	$134.24B	357.95x	357.95x	174.48x	123.56x
GSK plc (GSK)vs ›	$97.25B	12.14x	9.13x	8.62x	7.79x
Danaher Corporation (DHR)vs ›	$144.25B	19.38x	19.02x	23.18x	23.65x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Medtronic plc (MDT)

$118.26B

9.04x

9.36x

8.52x

9.11x

CVS Health Corp. (CVS)vs ›

$122.58B

3.33x

3.10x

3.72x

4.16x

Intuitive Surgical, Inc. (ISRG)vs ›

$123.70B

N/A

55.58x

Stryker Corporation (SYK)vs ›

$105.97B

8.05x

10.41x

10.98x

10.79x

Bristol-Myers Squibb Company (BMY)vs ›

$132.14B

7.26x

6.11x

6.76x

6.22x

McKesson Corporation (MCK)vs ›

$104.10B

26.13x

21.60x

19.33x

18.13x

Sanofi (SNY)vs ›

$103.62B

15.33x

13.49x

16.74x

20.21x

Vertex Pharmaceuticals Incorporated (VRTX)vs ›

$134.24B

357.95x

174.48x

123.56x

GSK plc (GSK)vs ›

$97.25B

12.14x

9.13x

8.62x

7.79x

Danaher Corporation (DHR)vs ›

$144.25B

19.38x

19.02x

23.18x

23.65x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Medtronic plc (MDT)?

The interest coverage ratio for MDT stock is 9.04x.

Is Medtronic plc's interest coverage ratio high or low?

The interest coverage ratio of 9.04x is in line with its 5-year average of 9.11x, around the middle of its 5-year range (5.21x–12.11x).

What is the TTM average interest coverage ratio for Medtronic plc (MDT)?

The TTM average interest coverage ratio for MDT stock is 9.36x.

What is the 3Y average interest coverage ratio for Medtronic plc (MDT)?

The 3Y average interest coverage ratio for MDT stock is 8.52x.

What is the 5Y average interest coverage ratio for Medtronic plc (MDT)?

The 5Y average interest coverage ratio for MDT stock is 9.11x.

What is the 10Y average interest coverage ratio for Medtronic plc (MDT)?

The 10Y average interest coverage ratio for MDT stock is 7.32x.

What is the 15Y average interest coverage ratio for Medtronic plc (MDT)?

The 15Y average interest coverage ratio for MDT stock is 8.26x.

DATE	INTEREST COVERAGE RATIO
2026-07-31	9.48x
2026-04-24	8.84x
2026-01-23	9.80x
2025-10-24	9.31x
2025-07-25	8.21x
2025-04-25	8.25x
2025-01-24	9.20x
2024-10-25	7.63x
2024-07-26	7.65x
2024-04-26	5.21x
2024-01-26	7.89x
2023-10-27	7.44x
2023-07-28	8.57x
2023-04-28	8.37x
2023-01-27	8.34x
2022-10-28	11.90x
2022-07-29	6.86x
2022-04-29	11.69x
2022-01-28	12.11x
2021-10-29	11.49x
2021-07-30	6.27x
2021-04-30	11.30x
2021-01-29	8.93x
2020-10-30	1.98x
2020-07-31	3.94x
2020-04-24	1.95x
2020-01-24	10.51x
2019-10-25	8.19x
2019-07-26	2.44x
2019-04-26	2.71x
2019-01-25	6.35x
2018-10-26	6.41x
2018-07-27	5.11x
2018-04-27	6.10x
2018-01-26	5.32x
2017-10-27	6.94x
2017-07-28	4.83x
2017-04-28	5.62x
2017-01-27	4.28x
2016-10-28	5.25x
2016-07-29	4.29x
2016-04-29	3.13x
2016-01-29	4.93x
2015-10-30	4.01x
2015-07-31	3.70x
2015-04-24	3.31x
2015-01-23	7.24x
2014-10-31	10.96x
2014-07-31	11.22x
2014-04-30	12.86x
2014-01-31	12.66x
2013-10-31	12.35x
2013-07-31	12.83x
2013-04-30	12.92x
2013-01-31	11.69x
2012-10-31	11.88x
2012-07-31	12.65x
2012-04-30	16.63x
2012-01-31	12.37x
2011-10-31	14.36x
2011-07-31	15.16x
2011-04-30	16.32x
2011-01-31	9.56x
2010-10-31	9.72x
2010-07-31	10.55x
2010-04-30	12.18x
2010-01-31	10.38x
2009-10-31	12.52x
2009-07-31	6.63x
2009-01-31	11.01x
2008-10-31	7.66x
2008-07-31	10.69x

DATE

INTEREST COVERAGE RATIO

2026-07-31

9.48x

2026-04-24

8.84x

2026-01-23

9.80x

2025-10-24

9.31x

2025-07-25

8.21x

2025-04-25

8.25x

2025-01-24

9.20x

2024-10-25

7.63x

2024-07-26

7.65x

2024-04-26

5.21x

2024-01-26

7.89x

2023-10-27

7.44x

2023-07-28

8.57x

2023-04-28

8.37x

2023-01-27

8.34x

2022-10-28

11.90x

2022-07-29

6.86x

2022-04-29

11.69x

2022-01-28

12.11x

2021-10-29

11.49x

2021-07-30

6.27x

2021-04-30

11.30x

2021-01-29

8.93x

2020-10-30

1.98x

2020-07-31

3.94x

2020-04-24

1.95x

2020-01-24

10.51x

2019-10-25

8.19x

2019-07-26

2.44x

2019-04-26

2.71x

2019-01-25

6.35x

2018-10-26

6.41x

2018-07-27

5.11x

2018-04-27

6.10x

2018-01-26

5.32x

2017-10-27

6.94x

2017-07-28

4.83x

2017-04-28

5.62x

2017-01-27

4.28x

2016-10-28

5.25x

2016-07-29

4.29x

2016-04-29

3.13x

2016-01-29

4.93x

2015-10-30

4.01x

2015-07-31

3.70x

2015-04-24

3.31x

2015-01-23

7.24x

2014-10-31

10.96x

2014-07-31

11.22x

2014-04-30

12.86x

2014-01-31

12.66x

2013-10-31

12.35x

2013-07-31

12.83x

2013-04-30

12.92x

2013-01-31

11.69x

2012-10-31

11.88x

2012-07-31

12.65x

2012-04-30

16.63x

2012-01-31

12.37x

2011-10-31

14.36x

2011-07-31

15.16x

2011-04-30

16.32x

2011-01-31

9.56x

2010-10-31

9.72x

2010-07-31

10.55x

2010-04-30

12.18x

2010-01-31

10.38x

2009-10-31

12.52x

2009-07-31

6.63x

2009-01-31

11.01x

2008-10-31

7.66x

2008-07-31

10.69x

Interest Coverage Ratio: 9.04x

MDT Interest Coverage Ratio

MDT Average Interest Coverage Ratio Chart

MDT Current vs Average Interest Coverage Ratio Chart

MDT Interest Coverage Ratio Metrics

MDT Competitors' Interest Coverage Ratio

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Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

MDT Interest Coverage Ratio History

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