Medtronic plc
MDT

$110.56 B
Marketcap
$86.21
Share price
Country
$1.47
Change (1 day)
$92.68
Year High
$75.96
Year Low
Categories

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The company's Medical Surgical Portfolio segment offers surgical stapling devices, vessel sealing instruments, wound closure, electrosurgery products, surgical artificial intelligence and robotic-assisted surgery products, hernia mechanical devices, mesh implants, gynecology and lung products, and various therapies to treat diseases, as well as products in the fields of minimally invasive gastrointestinal and hepatologic diagnostics and therapies, patient monitoring, airway management and ventilation therapies, and renal disease. Its Neuroscience Portfolio segment offers products for spinal surgeons; neurosurgeons; neurologists; pain management specialists; anesthesiologists; orthopedic surgeons; urologists; urogynecologists; interventional radiologists; ear, nose, and throat specialists; and systems that incorporate energy surgical instruments. It also provides image-guided surgery and intra-operative imaging systems and robotic guidance systems used in robot assisted spine procedures; and therapies for vasculature in and around the brain. The company's Diabetes Operating Unit segment offers insulin pumps and consumables, continuous glucose monitoring systems, smart insulin pen systems, and consumables and supplies. The company was founded in 1949 and is headquartered in Dublin, Ireland.

marketcap

P/E ratio for Medtronic plc (MDT)

P/E ratio as of 2024: 28.80

According to Medtronic plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.80. At the end of 2023 the company had a P/E ratio of 32.18.

P/E ratio history for Medtronic plc from 1986 to 2024

PE ratio at the end of each year

Year P/E ratio
2024 28.80
2023 32.18
2022 27.80
2021 48.83
2020 27.80
2019 25.40
2018 35.53
2017 28.44
2016 31.53
2015 31.78
2014 19.23
2013 13.72
2012 11.13
2011 14.53
2010 15.60
2009 16.55
2008 24.67
2007 21.72
2006 23.62
2005 35.37
2004 31.26
2003 36.33
2002 55.03
2001 51.29
2000 56.83
1999 90.39
1998 66.64
1997 37.35
1996 28.87
1995 28.76
1994 18.57
1993 19.48
1992 24.06
1991 24.86
1990 16.58
1989 13.36
1988 11.90
1987 15.44
1986 16.83