Medtronic PLC (MDT) - Cash Flow Conversion Efficiency

Latest as of January 2026: 0.056x

Based on the latest financial reports, Medtronic PLC (MDT) has a cash flow conversion efficiency ratio of 0.056x as of January 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.74 Billion) by net assets ($49.20 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Medtronic PLC to measure how many days the company can operate on defensive assets alone.

Medtronic PLC - Cash Flow Conversion Efficiency Trend (1990–2025)

This chart illustrates how Medtronic PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Medtronic PLC Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Medtronic PLC ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Brookfield Corporation
TO:BN
0.018x
Pinduoduo Inc
F:9PDA
0.039x
China Life Insurance Co Ltd A
SHG:601628
0.194x
BNP Paribas SA
PA:BNP
0.004x
UBS Group AG
SW:UBSG
-0.043x
GSK PLC SP. ADR/2 NEW
F:GS70
0.065x
Air Liquide SA
PA:AI
0.130x
CVS Health Corp
NYSE:CVS
0.045x

Annual Cash Flow Conversion Efficiency for Medtronic PLC (1990–2025)

The table below shows the annual cash flow conversion efficiency of Medtronic PLC from 1990 to 2025. For the full company profile with market capitalisation and key ratios, see MDT stock market capitalisation.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-04-30 $48.26 Billion $7.04 Billion 0.146x +8.44%
2024-04-30 $50.42 Billion $6.79 Billion 0.135x +15.16%
2023-04-30 $51.66 Billion $6.04 Billion 0.117x -16.11%
2022-04-30 $52.72 Billion $7.35 Billion 0.139x +15.22%
2021-04-30 $51.60 Billion $6.24 Billion 0.121x -14.96%
2020-04-30 $50.87 Billion $7.23 Billion 0.142x +1.90%
2019-04-30 $50.21 Billion $7.01 Billion 0.140x +51.41%
2018-04-30 $50.82 Billion $4.68 Billion 0.092x -32.46%
2017-04-30 $50.42 Billion $6.88 Billion 0.136x +35.54%
2016-04-30 $51.83 Billion $5.22 Billion 0.101x +9.33%
2015-04-30 $53.23 Billion $4.90 Billion 0.092x -63.89%
2014-04-30 $19.44 Billion $4.96 Billion 0.255x -2.48%
2013-04-30 $18.67 Billion $4.88 Billion 0.262x +0.12%
2012-04-30 $17.11 Billion $4.47 Billion 0.261x +11.49%
2011-04-30 $15.97 Billion $3.74 Billion 0.234x -17.03%
2010-04-30 $14.63 Billion $4.13 Billion 0.282x -6.42%
2009-04-30 $12.85 Billion $3.88 Billion 0.302x -0.22%
2008-04-30 $11.54 Billion $3.49 Billion 0.302x +11.44%
2007-04-30 $10.98 Billion $2.98 Billion 0.271x +15.35%
2006-04-30 $9.38 Billion $2.21 Billion 0.235x -12.80%
2005-04-30 $10.45 Billion $2.82 Billion 0.270x -13.94%
2004-04-30 $9.08 Billion $2.85 Billion 0.314x +19.28%
2003-04-30 $7.91 Billion $2.08 Billion 0.263x +6.30%
2002-04-30 $6.43 Billion $1.59 Billion 0.247x -25.62%
2001-04-30 $5.51 Billion $1.83 Billion 0.332x +43.29%
2000-04-30 $4.49 Billion $1.04 Billion 0.232x +86.22%
1999-04-30 $3.65 Billion $455.30 Million 0.125x -63.26%
1998-04-30 $2.04 Billion $693.10 Million 0.339x +27.71%
1997-04-30 $1.75 Billion $463.60 Million 0.265x -5.09%
1996-04-30 $1.79 Billion $500.50 Million 0.280x -3.56%
1995-04-30 $1.33 Billion $387.20 Million 0.290x -14.39%
1994-04-30 $1.05 Billion $356.90 Million 0.339x -2.20%
1993-04-30 $841.50 Million $291.50 Million 0.346x +82.24%
1992-04-30 $796.50 Million $151.40 Million 0.190x +2.58%
1991-04-30 $683.20 Million $126.60 Million 0.185x -6.13%
1990-04-30 $541.00 Million $106.80 Million 0.197x --

About Medtronic PLC

NYSE:MDT USA Medical Devices
Market Cap
$101.86 Billion
Market Cap Rank
#247 Global
#127 in USA
Share Price
$79.34
Change (1 day)
+1.54%
52-Week Range
$73.75 - $105.35
All Time High
$122.32
About

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor sy… Read more