The current PE ratio for Medtronic stock as of Apr 1, 2025 is 26.73. This is calculated based on the TTM EPS of $3.31 and the stock price of $88.49 per share. The PE ratio marks a decrease of 2.8% from its last 4 quarters average of 27.5.
The average historical PE ratio of Medtronic for the last ten years is 32.66. The current P/E ratio of 26.73 is 18% lower than the historical average. Looking back at the last ten years, MDT's PE ratio peaked in the Oct 2018 quarter at 53.74, when the price was $89.75 and the EPS was $1.67. The lowest point was in the Oct 2017 quarter, when it reached 22.03 with a price of $81.3 and an EPS of $3.69.
Maximum annual increase: 75.59% in 2021
Maximum annual decrease: -43.03% in 2022
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 28.79 | -10.42% | $79.74 | $2.77 |
2023 | 32.14 | 15.49% | $90.95 | $2.83 |
2022 | 27.83 | -43.03% | $104.36 | $3.75 |
2021 | 48.85 | 75.59% | $130.92 | $2.68 |
2020 | 27.82 | 9.57% | $99.3 | $3.57 |
2019 | 25.39 | -28.48% | $87.35 | $3.44 |
2018 | 35.5 | 24.74% | $81.29 | $2.29 |
2017 | 28.46 | -9.74% | $83.09 | $2.92 |
2016 | 31.53 | -0.88% | $79.15 | $2.51 |
2015 | 31.81 | 67.25% | $77.61 | $2.44 |
2014 | 19.02 | 39.44% | $58.21 | $3.06 |
2013 | 13.64 | 24.11% | $46.36 | $3.4 |
2012 | 10.99 | -24.47% | $37.69 | $3.43 |
2011 | 14.55 | -6.73% | $41.75 | $2.87 |
2010 | 15.6 | -2.44% | $43.69 | $2.8 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Jan 2025 | 27.25 | -1.02% | $90.19 | $3.31 |
Oct 2024 | 27.53 | 4.24% | $90.59 | $3.29 |
Jul 2024 | 26.41 | -8.27% | $78.7 | $2.98 |
Apr 2024 | 28.79 | 4.81% | $79.74 | $2.77 |
Jan 2024 | 27.47 | 21.87% | $86.54 | $3.15 |
Oct 2023 | 22.54 | -30.52% | $69.43 | $3.08 |
Jul 2023 | 32.44 | 0.93% | $88.25 | $2.72 |
Apr 2023 | 32.14 | 18.69% | $90.95 | $2.83 |
Jan 2023 | 27.08 | 0.74% | $82.58 | $3.05 |
Oct 2022 | 26.88 | 12.7% | $86.82 | $3.23 |
Jul 2022 | 23.85 | -14.3% | $92.52 | $3.88 |
Apr 2022 | 27.83 | -1.49% | $104.36 | $3.75 |
Jan 2022 | 28.25 | -17.73% | $103.13 | $3.65 |
Oct 2021 | 34.34 | -24.68% | $119.86 | $3.49 |
Jul 2021 | 45.59 | -6.67% | $131.31 | $2.88 |
MDT's current PE ratio is lower than its 3, 5 and 10-year averages.
MDT's PE ratio stands lower than its peer stocks BSX and SYK, but it is higher than JNJ's and ABT's. Medtronic's current PE ratio of 26.73 is lower than the average of its peers, which is 32.57.
Stock name | PE ratio | Market cap |
---|---|---|
EW Edwards Lifesciences Corp | 10.3 | $42.25B |
CNMD CONMED Corp | 13.85 | $1.84B |
ABT Abbott Laboratories | 17.17 | $228.39B |
JNJ Johnson & Johnson | 26.24 | $368.97B |
MDT Medtronic plc | 26.73 | $113.49B |
SYK Stryker Corp | 47.49 | $142.44B |
BSX Boston Scientific Corp | 80.35 | $149.41B |
BAX Baxter International Inc | N/A | $17.41B |
OMI Owens & Minor Inc | N/A | $698.32M |
IART Integra Lifesciences Holdings Corp | N/A | $1.67B |
MDT stock has a price to earnings ratio of 26.73 as of Apr 1, 2025.
Over the last 3 years, the average price to earnings ratio for MDT stock is 27.52.
Over the last 5 years, the average price to earnings ratio for MDT stock is 31.73.
The highest quarterly PE ratio in the last ten years has been 53.74 and it was in the Oct 2018 quarter.
The current PE ratio of MDT is 18% lower than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 1, 2025), Medtronic's share price is $88.49. The company's earnings per share for the trailing twelve months (TTM) ending Jan 2025 is $3.31. Therefore, Medtronic's PE ratio for today is 26.73. PE RATIO(26.73) = STOCK PRICE($88.49) / TTM EPS($3.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.