Medtronic PLC (MDT) — Capital Reinvestment Ratio
Latest as of April 2026:
0.19x
Medtronic PLC (MDT) has a Capital Reinvestment Ratio of 0.19x as of April 2026, meaning it reinvests 0% of its operating cash flow ($2.57 Billion) in capital expenditures ($488.00 Million). See cash generation quality of Medtronic PLC to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.19x
Capex / Operating Cash Flow
Operating Cash Flow
$2.57 Billion
USD
Capital Expenditures
$488.00 Million
USD
Data as of
Apr 2026
Most recent filing
Medtronic PLC Capital Reinvestment Ratio (1990–2026)
This chart tracks Medtronic PLC's Capital Reinvestment Ratio across 37 annual periods.
Annual Capital Reinvestment Ratio for Medtronic PLC (1990–2026)
Year-by-year Capital Reinvestment Ratio for Medtronic PLC from 1990 to 2026. For live market cap and broader valuation context, see Medtronic PLC (MDT) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.26x | $7.33 Billion | $1.90 Billion | ▼ -1.6% |
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow