Medtronic PLC (MDT) — Cash Flow Quality Index
Medtronic PLC (MDT) has a Cash Flow Quality Index of 2.02x as of April 2026. Operating cash flow of $2.57 Billion exceeds net income of $1.27 Billion, indicating high earnings quality where cash backs reported profits. Explore MDT cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Medtronic PLC Cash Flow Quality Index (1990–2026)
Historical Cash Flow Quality Index for Medtronic PLC across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Medtronic PLC investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Medtronic PLC (1990–2026)
Year-by-year earnings quality comparison for Medtronic PLC. For live market cap and the full company financial profile, see MDT market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.52x | $7.33 Billion | $4.84 Billion | ▲ +0.9% |
| 2025 | 1.50x | $7.04 Billion | $4.69 Billion | ▼ -18.7% |
| 2024 | 1.85x | $6.79 Billion | $3.68 Billion | ▲ +15.7% |
| 2023 | 1.60x | $6.04 Billion | $3.78 Billion | ▲ +10.0% |
| 2022 | 1.45x | $7.35 Billion | $5.06 Billion | ▼ -15.6% |
| 2021 | 1.72x | $6.24 Billion | $3.63 Billion | ▲ +14.2% |
| 2020 | 1.51x | $7.23 Billion | $4.81 Billion | ▼ -0.1% |
| 2019 | 1.51x | $7.01 Billion | $4.65 Billion | ▼ -0.4% |
| 2018 | 1.51x | $4.68 Billion | $3.10 Billion | ▼ -11.5% |
| 2017 | 1.71x | $6.88 Billion | $4.02 Billion | ▲ +15.9% |
| 2016 | 1.47x | $5.22 Billion | $3.54 Billion | ▼ -19.5% |
| 2015 | 1.83x | $4.90 Billion | $2.67 Billion | ▲ +13.3% |
| 2014 | 1.62x | $4.96 Billion | $3.06 Billion | ▲ +14.9% |
| 2013 | 1.41x | $4.88 Billion | $3.47 Billion | ▲ +14.0% |
| 2012 | 1.24x | $4.47 Billion | $3.62 Billion | ▲ +2.3% |
| 2011 | 1.21x | $3.74 Billion | $3.10 Billion | ▼ -9.4% |
| 2010 | 1.33x | $4.13 Billion | $3.10 Billion | ▼ -25.4% |
| 2009 | 1.79x | $3.88 Billion | $2.17 Billion | ▲ +14.3% |
| 2008 | 1.56x | $3.49 Billion | $2.23 Billion | ▲ +47.1% |
| 2007 | 1.06x | $2.98 Billion | $2.80 Billion | ▲ +22.7% |
| 2006 | 0.87x | $2.21 Billion | $2.55 Billion | ▼ -44.5% |
| 2005 | 1.56x | $2.82 Billion | $1.80 Billion | ▲ +7.6% |
| 2004 | 1.45x | $2.85 Billion | $1.96 Billion | ▲ +11.8% |
| 2003 | 1.30x | $2.08 Billion | $1.60 Billion | ▼ -19.6% |
| 2002 | 1.62x | $1.59 Billion | $984.00 Million | ▼ -7.7% |
| 2001 | 1.75x | $1.83 Billion | $1.05 Billion | ▲ +84.6% |
| 2000 | 0.95x | $1.04 Billion | $1.10 Billion | ▼ -2.4% |
| 1999 | 0.97x | $455.30 Million | $468.40 Million | ▼ -16.6% |
| 1998 | 1.17x | $693.10 Million | $594.60 Million | ▲ +33.3% |
| 1997 | 0.87x | $463.60 Million | $530.00 Million | ▼ -23.5% |
| 1996 | 1.14x | $500.50 Million | $437.80 Million | ▼ -13.2% |
| 1995 | 1.32x | $387.20 Million | $294.00 Million | ▼ -14.2% |
| 1994 | 1.54x | $356.90 Million | $232.40 Million | ▲ +11.5% |
| 1993 | 1.38x | $291.50 Million | $211.60 Million | ▲ +46.9% |
| 1992 | 0.94x | $151.40 Million | $161.50 Million | ▼ -1.2% |
| 1991 | 0.95x | $126.60 Million | $133.40 Million | ▼ -3.4% |
| 1990 | 0.98x | $106.80 Million | $108.70 Million | — |