Medtronic PLC (2M6) — Cash Flow Quality Index

Latest as of April 2026: 2.07x

Medtronic PLC (2M6) has a Cash Flow Quality Index of 2.07x as of April 2026. Operating cash flow of €2.57 Billion exceeds net income of €1.24 Billion, indicating high earnings quality where cash backs reported profits. Explore Medtronic PLC operating cash flow efficiency to assess how effectively this company generates cash.

Cash Flow Quality Index

2.07x
Operating CF / Net Income

Operating Cash Flow

€2.57 Billion
EUR

Net Income

€1.24 Billion
EUR

Data as of

Apr 2026
Most recent filing

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 (2M6) total 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 market cap of Medtronic PLC.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2026 1.53x €7.33 Billion €4.80 Billion ▲ +1.7%
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.