Medtronic PLC (2M6) — Capital Reinvestment Ratio

Latest as of April 2026: 0.19x

Medtronic PLC (2M6) 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 (€487.95 Million). See 2M6 free cash flow to operating cash ratio 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
EUR

Capital Expenditures

€487.95 Million
EUR

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 stock valuation.

Year Reinvestment Ratio Operating CF (EUR) 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 ▼ -22.3%
2012 0.12x €4.38 Billion €528.00 Million ▼ -17.7%
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 ▲ +987.8%
1998 0.25x €590.10 Million €148.20 Million ▼ -38.8%
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