Medtronic plc (MDT) EV/EBIT Ratio: 19.23x
Is Medtronic plc’s EV/EBIT ratio high or low?
Medtronic plc's EV/EBIT ratio of 19.23x is 28% below its 5-year average of 26.81x, near the low end of its 5-year range (19.23x–61.67x).
The EV/EBIT ratio for Medtronic plc (MDT) is 19.23x as of Wednesday, June 10, 2026. It is below its 12-month average by 18.79% (23.68x).
MDT EV/EBIT Ratio Chart
MDT Average EV/EBIT Ratio Chart
MDT Current vs Average EV/EBIT Ratio Chart
MDT EV/EBIT Ratio Metrics
EV/EBIT RATIO
19.23x
EV/EBIT RATIO AVG TTM
23.68x
EV/EBIT RATIO AVG 3Y
24.37x
EV/EBIT RATIO AVG 5Y
26.81x
EV/EBIT RATIO AVG 10Y
27.93x
EV/EBIT RATIO AVG 15Y
24.05x
EV/EBIT RATIO AVG 20Y
21.57x
CURRENT VS TTM AVG
-18.79%
CURRENT VS 3Y AVG
-21.09%
CURRENT VS 5Y AVG
-28.29%
CURRENT VS 10Y AVG
-31.14%
CURRENT VS 15Y AVG
-20.03%
CURRENT VS 20Y AVG
-10.86%
MDT Competitors' EV/EBIT Ratio
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medtronic plc (MDT) | — | 19.23x | 23.68x | 24.37x | 26.81x |
| Vertex Pharmaceuticals Incorporated (VRTX) | $110.77B | 22.72x | 26.43x | 24.92x | 21.76x |
| Bristol-Myers Squibb Company (BMY) | $114.14B | 11.98x | 11.36x | 15.41x | 18.91x |
| Elevance Health Inc. (ELV) | $87.43B | 14.54x | 11.84x | 13.42x | 14.42x |
| CVS Health Corporation (CVS) | $125.16B | 32.57x | 28.87x | 19.89x | 18.76x |
| Cigna Corporation (CI) | $78.25B | 10.72x | 11.17x | 12.56x | 13.06x |
| Danaher Corporation (DHR) | $130.25B | 27.72x | 30.65x | 32.50x | 29.68x |
| Regeneron Pharmaceuticals, Inc. (REGN) | $62.59B | 17.96x | 19.47x | 21.84x | 17.76x |
| Pfizer Inc. (PFE) | $146.36B | 14.13x | 12.23x | 29.86x | 23.38x |
| Intuitive Surgical, Inc. (ISRG) | $146.44B | 45.56x | 63.25x | 73.01x | 67.77x |
Medtronic plc EV/EBIT Ratio Formula & Definition
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Medtronic plc EV/EBIT Ratio FAQ
- What is the EV/EBIT ratio for Medtronic plc (MDT)?
- The EV/EBIT ratio for MDT stock is 19.23x.
- Is Medtronic plc's EV/EBIT ratio high or low?
- Medtronic plc's EV/EBIT ratio of 19.23x is 28% below its 5-year average of 26.81x, near the low end of its 5-year range (19.23x–61.67x).
- What is the TTM average EV/EBIT ratio for Medtronic plc (MDT)?
- The TTM average EV/EBIT ratio for MDT stock is 23.68x.
- What is the 3Y average EV/EBIT ratio for Medtronic plc (MDT)?
- The 3Y average EV/EBIT ratio for MDT stock is 24.37x.
- What is the 5Y average EV/EBIT ratio for Medtronic plc (MDT)?
- The 5Y average EV/EBIT ratio for MDT stock is 26.81x.
- What is the 10Y average EV/EBIT ratio for Medtronic plc (MDT)?
- The 10Y average EV/EBIT ratio for MDT stock is 27.93x.
- What is the 15Y average EV/EBIT ratio for Medtronic plc (MDT)?
- The 15Y average EV/EBIT ratio for MDT stock is 24.05x.
- What is the 20Y average EV/EBIT ratio for Medtronic plc (MDT)?
- The 20Y average EV/EBIT ratio for MDT stock is 21.57x.
Medtronic plc EV/EBIT Ratio History
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-06-02 | 19.23x |
| 2026-06-01 | 19.28x |
| 2026-05-29 | 19.25x |
| 2026-05-28 | 19.60x |
| 2026-05-27 | 19.69x |
| 2026-05-26 | 20.02x |
| 2026-05-22 | 20.22x |
| 2026-05-21 | 20.13x |
| 2026-05-20 | 20.13x |
| 2026-05-19 | 20.22x |
| 2026-05-18 | 19.96x |
| 2026-05-15 | 19.72x |
| 2026-05-14 | 19.89x |
| 2026-05-13 | 19.73x |
| 2026-05-12 | 19.86x |
| 2026-05-11 | 19.40x |
| 2026-05-08 | 19.72x |
| 2026-05-07 | 20.09x |
| 2026-05-06 | 20.02x |
| 2026-05-05 | 20.06x |
| 2026-05-04 | 20.16x |
| 2026-05-01 | 20.50x |
| 2026-04-30 | 20.70x |
| 2026-04-29 | 20.38x |
| 2026-04-28 | 20.89x |
| 2026-04-27 | 21.10x |
| 2026-04-24 | 21.18x |
| 2026-04-23 | 21.28x |
| 2026-04-22 | 21.16x |
| 2026-04-21 | 20.91x |
| 2026-04-20 | 21.52x |
| 2026-04-17 | 21.76x |
| 2026-04-16 | 21.65x |
| 2026-04-15 | 21.95x |
| 2026-04-14 | 22.15x |
| 2026-04-13 | 22.13x |
| 2026-04-10 | 21.97x |
| 2026-04-09 | 22.11x |
| 2026-04-08 | 22.26x |
| 2026-04-07 | 21.81x |
| 2026-04-06 | 21.78x |
| 2026-04-02 | 21.85x |
| 2026-04-01 | 21.74x |
| 2026-03-31 | 21.86x |
| 2026-03-30 | 21.67x |
| 2026-03-27 | 21.96x |
| 2026-03-26 | 22.06x |
| 2026-03-25 | 22.11x |
| 2026-03-24 | 21.84x |
| 2026-03-23 | 21.96x |
| 2026-03-20 | 21.76x |
| 2026-03-19 | 21.90x |
| 2026-03-18 | 21.97x |
| 2026-03-17 | 22.22x |
| 2026-03-16 | 22.18x |
| 2026-03-13 | 21.96x |
| 2026-03-12 | 22.00x |
| 2026-03-11 | 22.33x |
| 2026-03-10 | 22.51x |
| 2026-03-09 | 22.81x |
| 2026-03-06 | 22.72x |
| 2026-03-05 | 23.15x |
| 2026-03-04 | 23.68x |
| 2026-03-03 | 23.90x |
| 2026-03-02 | 24.18x |
| 2026-02-27 | 24.09x |
| 2026-02-26 | 23.97x |
| 2026-02-25 | 23.89x |
| 2026-02-24 | 23.91x |
| 2026-02-23 | 24.92x |
| 2026-02-20 | 24.55x |
| 2026-02-19 | 24.70x |
| 2026-02-18 | 24.89x |
| 2026-02-17 | 24.46x |
| 2026-02-13 | 25.10x |
| 2026-02-12 | 25.39x |
| 2026-02-11 | 25.43x |
| 2026-02-10 | 25.50x |
| 2026-02-09 | 25.55x |
| 2026-02-06 | 25.81x |
| 2026-02-05 | 25.82x |
| 2026-02-04 | 25.59x |
| 2026-02-03 | 25.86x |
| 2026-02-02 | 25.77x |
| 2026-01-30 | 25.82x |
| 2026-01-29 | 25.41x |
| 2026-01-28 | 25.37x |
| 2026-01-27 | 25.35x |
| 2026-01-26 | 25.34x |
| 2026-01-23 | 25.39x |
| 2026-01-22 | 25.48x |
| 2026-01-21 | 25.26x |
| 2026-01-20 | 24.91x |
| 2026-01-16 | 24.53x |
| 2026-01-15 | 25.00x |
| 2026-01-14 | 24.94x |
| 2026-01-13 | 24.46x |
| 2026-01-12 | 24.57x |
| 2026-01-09 | 24.69x |
| 2026-01-08 | 24.93x |
| 2026-01-07 | 25.16x |
| 2026-01-06 | 25.27x |
| 2026-01-05 | 24.66x |
| 2026-01-02 | 24.39x |
| 2025-12-31 | 24.39x |
| 2025-12-30 | 24.51x |
| 2025-12-29 | 24.41x |
| 2025-12-26 | 24.48x |
| 2025-12-24 | 24.64x |
| 2025-12-23 | 24.68x |
| 2025-12-22 | 24.73x |
| 2025-12-19 | 24.92x |
| 2025-12-18 | 24.89x |
| 2025-12-17 | 24.85x |
| 2025-12-16 | 24.73x |
| 2025-12-15 | 24.91x |
| 2025-12-12 | 25.18x |
| 2025-12-11 | 25.15x |
| 2025-12-10 | 25.36x |
| 2025-12-09 | 25.13x |
| 2025-12-08 | 25.47x |
| 2025-12-05 | 25.49x |
| 2025-12-04 | 25.62x |
| 2025-12-03 | 25.61x |
| 2025-12-02 | 25.62x |
| 2025-12-01 | 25.90x |
| 2025-11-28 | 26.31x |
| 2025-11-26 | 26.24x |
| 2025-11-25 | 26.31x |
| 2025-11-24 | 26.16x |
| 2025-11-21 | 25.74x |
| 2025-11-20 | 25.35x |
| 2025-11-19 | 25.56x |
| 2025-11-18 | 25.66x |
| 2025-11-17 | 24.71x |
| 2025-11-14 | 24.62x |
| 2025-11-13 | 24.68x |
| 2025-11-12 | 24.61x |
| 2025-11-11 | 24.52x |
| 2025-11-10 | 23.95x |
| 2025-11-07 | 23.85x |
| 2025-11-06 | 23.40x |
| 2025-11-05 | 23.47x |
| 2025-11-04 | 23.48x |
| 2025-11-03 | 23.43x |
| 2025-10-31 | 23.53x |
| 2025-10-30 | 23.59x |
| 2025-10-29 | 23.75x |
| 2025-10-28 | 24.07x |
| 2025-10-27 | 24.26x |
| 2025-10-24 | 24.16x |
| 2025-10-23 | 24.27x |
| 2025-10-22 | 24.63x |
| 2025-10-21 | 24.61x |
| 2025-10-20 | 24.63x |
| 2025-10-17 | 24.60x |
| 2025-10-16 | 24.45x |
| 2025-10-15 | 24.51x |
| 2025-10-14 | 24.76x |
| 2025-10-13 | 24.56x |
| 2025-10-10 | 24.53x |
| 2025-10-09 | 24.75x |
| 2025-10-08 | 25.04x |
| 2025-10-07 | 25.14x |
| 2025-10-06 | 25.16x |
| 2025-10-03 | 25.01x |
| 2025-10-02 | 24.54x |
| 2025-10-01 | 24.40x |
| 2025-09-30 | 24.49x |
| 2025-09-29 | 24.22x |
| 2025-09-26 | 24.27x |
| 2025-09-25 | 24.29x |
| 2025-09-24 | 24.59x |
| 2025-09-23 | 24.43x |
| 2025-09-22 | 24.36x |
| 2025-09-19 | 24.45x |
| 2025-09-18 | 24.56x |
| 2025-09-17 | 24.35x |
| 2025-09-16 | 24.27x |
| 2025-09-15 | 24.11x |
| 2025-09-12 | 24.23x |
| 2025-09-11 | 24.28x |
| 2025-09-10 | 23.87x |
| 2025-09-09 | 24.24x |
| 2025-09-08 | 24.02x |
| 2025-09-05 | 24.00x |
| 2025-09-04 | 23.99x |
| 2025-09-03 | 23.86x |
| 2025-09-02 | 24.09x |
| 2025-08-29 | 23.98x |
| 2025-08-28 | 23.80x |
| 2025-08-27 | 23.82x |
| 2025-08-26 | 23.85x |
| 2025-08-25 | 24.32x |
| 2025-08-22 | 24.46x |
| 2025-08-21 | 24.12x |
| 2025-08-20 | 24.57x |
| 2025-08-19 | 23.86x |
| 2025-08-18 | 24.49x |
| 2025-08-15 | 24.53x |
| 2025-08-14 | 24.31x |
| 2025-08-13 | 24.51x |
| 2025-08-12 | 24.33x |
| 2025-08-11 | 24.47x |
| 2025-08-08 | 24.50x |
| 2025-08-07 | 24.15x |
| 2025-08-06 | 23.74x |
| 2025-08-05 | 23.81x |
| 2025-08-04 | 23.80x |
| 2025-08-01 | 23.73x |
| 2025-07-31 | 23.93x |
| 2025-07-30 | 24.23x |
| 2025-07-29 | 24.41x |
| 2025-07-28 | 24.30x |
| 2025-07-25 | 24.51x |
| 2025-07-24 | 24.38x |
| 2025-07-23 | 24.31x |
| 2025-07-22 | 24.23x |
| 2025-07-21 | 23.81x |
| 2025-07-18 | 23.79x |
| 2025-07-17 | 23.78x |
| 2025-07-16 | 23.83x |
| 2025-07-15 | 23.71x |
| 2025-07-14 | 23.82x |
| 2025-07-11 | 23.86x |
| 2025-07-10 | 23.75x |
| 2025-07-09 | 23.66x |
| 2025-07-08 | 23.57x |
| 2025-07-07 | 23.37x |
| 2025-07-03 | 23.53x |
| 2025-07-02 | 23.51x |
| 2025-07-01 | 23.61x |
| 2025-06-30 | 23.27x |
| 2025-06-27 | 23.02x |
| 2025-06-26 | 23.05x |
| 2025-06-25 | 23.01x |
| 2025-06-24 | 23.03x |
| 2025-06-23 | 23.00x |
| 2025-06-20 | 23.09x |
| 2025-06-18 | 24.34x |
| 2025-06-17 | 24.44x |
| 2025-06-16 | 24.85x |
| 2025-06-13 | 24.70x |
| 2025-06-12 | 24.98x |
| 2025-06-11 | 24.88x |
| 2025-06-10 | 24.86x |
| 2025-06-09 | 24.74x |
| 2025-06-06 | 24.74x |
| 2025-06-05 | 24.64x |
| 2025-06-04 | 24.31x |
| 2025-06-03 | 24.30x |
| 2025-06-02 | 23.88x |
| 2025-05-30 | 23.71x |
| 2025-05-29 | 23.58x |
| 2025-05-28 | 23.31x |
| 2025-05-27 | 23.29x |
| 2025-05-23 | 23.18x |
| 2025-05-22 | 23.23x |
| 2025-05-21 | 24.04x |
| 2025-05-20 | 24.49x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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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.
- Sector
- Healthcare
- Industry
- Medical - Devices
- CEO
- Geoffrey Straub Martha