Medtronic EV/EBIT MDT

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2015.

Today, Oct 23, 2026: 20.7×
10-year median: 21.9×
Against its 10-year history: 30th; percentile: 0 is its lowest day, 100 its highest
10-year range: 17.8× to 52.1×
Peer median: 23.4×

Medtronic's EV/EBIT is 20.7× as of Oct 23, 2026.

That is below its ten-year median of 21.9×, lower than on 70% of days in the last ten years.

Over that time it ranged from 17.8× in May 2026 to 52.1× in Apr 2021.

The median for 7 medical device stocks of a similar size is 23.4×.

EV/EBIT over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	20.7×	17.8×	23.2×
2025	22.0×	19.8×	23.7×
2024	20.6×	20.2×	23.8×
2023	21.3×	18.4×	23.3×
2022	18.7×	18.3×	25.5×
2021	24.4×	23.8×	52.1×
2020	42.8×	18.1×	42.8×
2019	25.6×	19.8×	25.7×
2018	21.0×	18.3×	22.7×
2017	20.0×	20.0×	25.1×
2016	20.7×	20.7×	29.0×
2015	27.0×	26.8×	27.2×

Against its peers

Companies in Medical - Devices nearest Medtronic's size, closest first, today.

Company	EV/EBIT
MDTMedtronic	20.7×
SYKStryker	23.4×
ABTAbbott Laboratories	28.2×
BSXBoston Scientific	18.2×
EWEdwards Lifesciences	23.5×
GEHCGE HealthCare Technologies	14.7×
DXCMDexCom	25.3×
ZBHZimmer Biomet	21.5×
Peer median	23.4×

Where Medtronic ranks

#5of 13Medical device stocks with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Medtronic

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.