Medtronic PLC (2M6) — Cash Flow Quality Index

Latest as of January 2026: 2.40x

Medtronic PLC (2M6) has a Cash Flow Quality Index of 2.40x as of January 2026. Operating cash flow of €2.75 Billion exceeds net income of €1.15 Billion, indicating high earnings quality where cash backs reported profits. Explore Medtronic PLC strategic investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.40x
Operating CF / Net Income

Operating Cash Flow

€2.75 Billion
EUR

Net Income

€1.15 Billion
EUR

Data as of

Jan 2026
Most recent filing

Medtronic PLC Cash Flow Quality Index (1990–2025)

Historical Cash Flow Quality Index for Medtronic PLC across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Medtronic PLC (2M6) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Medtronic PLC (1990–2025)

Year-by-year earnings quality comparison for Medtronic PLC. For live market cap and the full company financial profile, see 2M6 company net worth.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 1.50x €7.04 Billion €4.69 Billion ▼ -18.0%
2024 1.83x €6.79 Billion €3.71 Billion ▲ +14.8%
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 ▲ +16.3%
2012 1.21x €4.38 Billion €3.62 Billion ▲ +0.2%
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 ▼ -24.7%
1998 1.29x €590.10 Million €457.40 Million ▲ +47.5%
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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.