Medtronic PLC (MDT) — Capital Reinvestment Ratio
Medtronic PLC (MDT) has a Capital Reinvestment Ratio of 0.16x as of January 2026, meaning it reinvests 0% of its operating cash flow ($2.74 Billion) in capital expenditures ($444.00 Million). See net asset quality index of Medtronic PLC to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Medtronic PLC Capital Reinvestment Ratio (1990–2025)
This chart tracks Medtronic PLC's Capital Reinvestment Ratio across 36 annual periods. Check Medtronic PLC investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Medtronic PLC (1990–2025)
Year-by-year Capital Reinvestment Ratio for Medtronic PLC from 1990 to 2025. For live market cap and broader valuation context, see MDT market cap overview.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | $7.04 Billion | $1.86 Billion | ▲ +12.9% |
| 2024 | 0.23x | $6.79 Billion | $1.59 Billion | ▼ -3.2% |
| 2023 | 0.24x | $6.04 Billion | $1.46 Billion | ▲ +29.7% |
| 2022 | 0.19x | $7.35 Billion | $1.37 Billion | ▼ -14.2% |
| 2021 | 0.22x | $6.24 Billion | $1.35 Billion | ▲ +29.5% |
| 2020 | 0.17x | $7.23 Billion | $1.21 Billion | ▲ +3.6% |
| 2019 | 0.16x | $7.01 Billion | $1.13 Billion | ▼ -29.0% |
| 2018 | 0.23x | $4.68 Billion | $1.07 Billion | ▲ +25.1% |
| 2017 | 0.18x | $6.88 Billion | $1.25 Billion | ▼ -9.1% |
| 2016 | 0.20x | $5.22 Billion | $1.05 Billion | ▲ +72.1% |
| 2015 | 0.12x | $4.90 Billion | $571.00 Million | ▲ +45.9% |
| 2014 | 0.08x | $4.96 Billion | $396.00 Million | ▼ -14.7% |
| 2013 | 0.09x | $4.88 Billion | $457.00 Million | ▼ -20.8% |
| 2012 | 0.12x | $4.47 Billion | $528.00 Million | ▼ -19.4% |
| 2011 | 0.15x | $3.74 Billion | $548.00 Million | ▼ -4.7% |
| 2010 | 0.15x | $4.13 Billion | $635.00 Million | ▼ -10.1% |
| 2009 | 0.17x | $3.88 Billion | $663.00 Million | ▼ -1.6% |
| 2008 | 0.17x | $3.49 Billion | $606.00 Million | ▼ -25.4% |
| 2007 | 0.23x | $2.98 Billion | $694.00 Million | ▼ -58.7% |
| 2006 | 0.56x | $2.21 Billion | $1.24 Billion | ▲ +251.6% |
| 2005 | 0.16x | $2.82 Billion | $452.00 Million | ▲ +7.4% |
| 2004 | 0.15x | $2.85 Billion | $424.60 Million | ▼ -18.5% |
| 2003 | 0.18x | $2.08 Billion | $380.40 Million | ▼ -24.7% |
| 2002 | 0.24x | $1.59 Billion | $386.40 Million | ▲ +1.2% |
| 2001 | 0.24x | $1.83 Billion | $439.70 Million | ▼ -26.9% |
| 2000 | 0.33x | $1.04 Billion | $342.10 Million | ▼ -88.0% |
| 1999 | 2.73x | $455.30 Million | $1.24 Billion | ▲ +1177.6% |
| 1998 | 0.21x | $693.10 Million | $148.20 Million | ▼ -47.9% |
| 1997 | 0.41x | $463.60 Million | $190.20 Million | ▲ +25.4% |
| 1996 | 0.33x | $500.50 Million | $163.80 Million | ▲ +30.8% |
| 1995 | 0.25x | $387.20 Million | $96.90 Million | ▲ +46.9% |
| 1994 | 0.17x | $356.90 Million | $60.80 Million | ▼ -35.6% |
| 1993 | 0.26x | $291.50 Million | $77.10 Million | ▼ -48.1% |
| 1992 | 0.51x | $151.40 Million | $77.20 Million | ▼ -1.9% |
| 1991 | 0.52x | $126.60 Million | $65.80 Million | ▲ +0.4% |
| 1990 | 0.52x | $106.80 Million | $55.30 Million | — |