Medtronic PLC (MDT) — Financial Flexibility Index
Medtronic PLC (MDT) has a Financial Flexibility Index of 0.07x as of April 2026. Free cash flow of $3.06 Billion (operating CF $2.57 Billion minus capex $488.00 Million) represents 0% of total liabilities ($42.96 Billion). Check how aggressively does Medtronic PLC reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Medtronic PLC Financial Flexibility Index (1990–2026)
Historical Financial Flexibility Index trend for Medtronic PLC across 37 annual periods. For the full cash flow conversion analysis, see MDT cash flow metrics.
Annual Financial Flexibility Index for Medtronic PLC (1990–2026)
Year-by-year free cash flow to debt coverage for Medtronic PLC. Explore MDT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.21x | $9.23 Billion | $7.33 Billion | $42.96 Billion | ▲ +4.8% |
| 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 | — |