Medtronic PLC (2M6) — Financial Flexibility Index

Latest as of April 2026: 0.07x

Medtronic PLC (2M6) 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 €487.95 Million) represents 0% of total liabilities (€42.96 Billion). Check Medtronic PLC investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

€3.06 Billion
Operating CF − Capex

Total Liabilities

€42.96 Billion
EUR

Capital Expenditures

€487.95 Million
EUR

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 Medtronic PLC operating cash flow efficiency.

Annual Financial Flexibility Index for Medtronic PLC (1990–2026)

Year-by-year free cash flow to debt coverage for Medtronic PLC. Explore 2M6 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) 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 ▲ +7.7%
2012 0.31x €4.91 Billion €4.38 Billion €15.97 Billion ▲ +3.6%
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 ▲ +38.3%
1998 1.01x €738.30 Million €590.10 Million €730.50 Million ▲ +2.5%
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