Medtronic PLC (MDT) — Financial Flexibility Index

Latest as of January 2026: 0.08x

Medtronic PLC (MDT) has a Financial Flexibility Index of 0.08x as of January 2026. Free cash flow of $3.19 Billion (operating CF $2.74 Billion minus capex $444.00 Million) represents 0% of total liabilities ($42.29 Billion). Also explore Medtronic PLC (MDT) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.19 Billion
Operating CF − Capex

Total Liabilities

$42.29 Billion
USD

Capital Expenditures

$444.00 Million
USD

Medtronic PLC Financial Flexibility Index (1990–2025)

Historical Financial Flexibility Index trend for Medtronic PLC across 36 annual periods. Check Medtronic PLC strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Medtronic PLC (1990–2025)

Year-by-year free cash flow to debt coverage for Medtronic PLC. For the full company profile including market capitalisation, see Medtronic PLC market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.21x $8.90 Billion $7.04 Billion $43.42 Billion ▼ -3.1%
2024 0.21x $8.37 Billion $6.79 Billion $39.56 Billion ▲ +10.9%
2023 0.19x $7.50 Billion $6.04 Billion $39.28 Billion ▼ -16.2%
2022 0.23x $8.71 Billion $7.35 Billion $38.26 Billion ▲ +24.4%
2021 0.18x $7.59 Billion $6.24 Billion $41.48 Billion ▼ -13.7%
2020 0.21x $8.45 Billion $7.23 Billion $39.82 Billion ▲ +2.9%
2019 0.21x $8.14 Billion $7.01 Billion $39.48 Billion ▲ +45.4%
2018 0.14x $5.75 Billion $4.68 Billion $40.57 Billion ▼ -13.9%
2017 0.16x $8.13 Billion $6.88 Billion $49.40 Billion ▲ +25.4%
2016 0.13x $6.26 Billion $5.22 Billion $47.72 Billion ▲ +28.2%
2015 0.10x $5.47 Billion $4.90 Billion $53.45 Billion ▼ -64.6%
2014 0.29x $5.36 Billion $4.96 Billion $18.50 Billion ▼ -12.6%
2013 0.33x $5.34 Billion $4.88 Billion $16.12 Billion ▲ +5.8%
2012 0.31x $5.00 Billion $4.47 Billion $15.97 Billion ▲ +5.5%
2011 0.30x $4.29 Billion $3.74 Billion $14.46 Billion ▼ -16.2%
2010 0.35x $4.77 Billion $4.13 Billion $13.46 Billion ▼ -15.7%
2009 0.42x $4.54 Billion $3.88 Billion $10.81 Billion ▲ +9.4%
2008 0.38x $4.09 Billion $3.49 Billion $10.66 Billion ▼ -10.8%
2007 0.43x $3.67 Billion $2.98 Billion $8.54 Billion ▲ +28.2%
2006 0.34x $3.45 Billion $2.21 Billion $10.28 Billion ▼ -36.7%
2005 0.53x $3.27 Billion $2.82 Billion $6.17 Billion ▼ -18.4%
2004 0.65x $3.27 Billion $2.85 Billion $5.03 Billion ▲ +16.7%
2003 0.56x $2.46 Billion $2.08 Billion $4.41 Billion ▲ +26.0%
2002 0.44x $1.98 Billion $1.59 Billion $4.47 Billion ▼ -70.2%
2001 1.49x $2.27 Billion $1.83 Billion $1.53 Billion ▲ +26.4%
2000 1.18x $1.38 Billion $1.04 Billion $1.18 Billion ▼ -15.9%
1999 1.40x $1.70 Billion $455.30 Million $1.22 Billion ▲ +21.4%
1998 1.15x $841.30 Million $693.10 Million $730.50 Million ▲ +16.8%
1997 0.99x $653.80 Million $463.60 Million $663.00 Million ▲ +6.0%
1996 0.93x $664.30 Million $500.50 Million $714.00 Million ▲ +17.6%
1995 0.79x $484.10 Million $387.20 Million $611.70 Million ▲ +8.0%
1994 0.73x $417.70 Million $356.90 Million $569.80 Million ▼ -11.5%
1993 0.83x $368.60 Million $291.50 Million $445.00 Million ▲ +33.0%
1992 0.62x $228.60 Million $151.40 Million $367.00 Million ▲ +10.4%
1991 0.56x $192.40 Million $126.60 Million $340.90 Million ▲ +9.8%
1990 0.51x $162.10 Million $106.80 Million $315.50 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities