Medtronic PLC (MDT) — Cash Flow Reinvestment Rate

Latest as of January 2026: 0.29x

Medtronic PLC (MDT) has a Cash Flow Reinvestment Rate of 0.29x as of January 2026, reinvesting $791.00 Million (capex $444.00 Million plus investments $-347.00 Million) from operating cash flow of $2.74 Billion. Explore Medtronic PLC capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.29x
(Capex + Investments) / Operating CF

Total Reinvested

$791.00 Million
Capex + Investments

Operating Cash Flow

$2.74 Billion
USD

Capital Expenditures

$444.00 Million
USD

Medtronic PLC Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for Medtronic PLC across 36 annual periods. Also explore MDT asset base for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Medtronic PLC (1990–2025)

Year-by-year capital reinvestment analysis for Medtronic PLC. For live market cap and broader valuation context, see Medtronic PLC (MDT) total market value.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.54x $3.80 Billion $7.04 Billion $1.86 Billion ▼ -7.5%
2024 0.58x $3.95 Billion $6.79 Billion $1.59 Billion ▼ -29.0%
2023 0.82x $4.95 Billion $6.04 Billion $1.46 Billion ▲ +286.6%
2022 0.21x $1.56 Billion $7.35 Billion $1.37 Billion ▼ -27.2%
2021 0.29x $1.82 Billion $6.24 Billion $1.35 Billion ▼ -21.3%
2020 0.37x $2.68 Billion $7.23 Billion $1.21 Billion ▼ -29.2%
2019 0.52x $3.67 Billion $7.01 Billion $1.13 Billion ▼ -64.6%
2018 1.48x $6.93 Billion $4.68 Billion $1.07 Billion ▲ +260.1%
2017 0.41x $2.83 Billion $6.88 Billion $1.25 Billion ▼ -66.8%
2016 1.24x $6.45 Billion $5.22 Billion $1.05 Billion ▼ -25.7%
2015 1.66x $8.15 Billion $4.90 Billion $571.00 Million ▲ +159.4%
2014 0.64x $3.18 Billion $4.96 Billion $396.00 Million ▲ +585.2%
2013 0.09x $457.00 Million $4.88 Billion $457.00 Million ▼ -20.8%
2012 0.12x $528.00 Million $4.47 Billion $528.00 Million ▼ -19.4%
2011 0.15x $548.00 Million $3.74 Billion $548.00 Million ▼ -4.7%
2010 0.15x $635.00 Million $4.13 Billion $635.00 Million ▼ -10.1%
2009 0.17x $663.00 Million $3.88 Billion $663.00 Million ▼ -1.6%
2008 0.17x $606.00 Million $3.49 Billion $606.00 Million ▼ -25.4%
2007 0.23x $694.00 Million $2.98 Billion $694.00 Million ▼ -58.7%
2006 0.56x $1.24 Billion $2.21 Billion $1.24 Billion ▲ +251.6%
2005 0.16x $452.00 Million $2.82 Billion $452.00 Million ▲ +7.4%
2004 0.15x $424.60 Million $2.85 Billion $424.60 Million ▼ -18.5%
2003 0.18x $380.40 Million $2.08 Billion $380.40 Million ▼ -24.7%
2002 0.24x $386.40 Million $1.59 Billion $386.40 Million ▲ +1.2%
2001 0.24x $439.70 Million $1.83 Billion $439.70 Million ▼ -26.9%
2000 0.33x $342.10 Million $1.04 Billion $342.10 Million ▼ -88.0%
1999 2.73x $1.24 Billion $455.30 Million $1.24 Billion ▲ +1177.6%
1998 0.21x $148.20 Million $693.10 Million $148.20 Million ▼ -47.9%
1997 0.41x $190.20 Million $463.60 Million $190.20 Million ▲ +25.4%
1996 0.33x $163.80 Million $500.50 Million $163.80 Million ▲ +30.8%
1995 0.25x $96.90 Million $387.20 Million $96.90 Million ▲ +46.9%
1994 0.17x $60.80 Million $356.90 Million $60.80 Million ▼ -35.6%
1993 0.26x $77.10 Million $291.50 Million $77.10 Million ▼ -48.1%
1992 0.51x $77.20 Million $151.40 Million $77.20 Million ▼ -1.9%
1991 0.52x $65.80 Million $126.60 Million $65.80 Million ▲ +0.4%
1990 0.52x $55.30 Million $106.80 Million $55.30 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow