Medtronic PLC (MDT) — Free Cash Flow Generation Index
Medtronic PLC (MDT) has a Free Cash Flow Generation Index of 0.81x as of April 2026. Free cash flow of $2.08 Billion represents 1% of operating cash flow ($2.57 Billion). Read MDT total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Medtronic PLC Free Cash Flow Generation Index (1990–2026)
Historical FCF Generation Index trend for Medtronic PLC across 37 annual periods. Explore capital reinvestment ratio of Medtronic PLC to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Medtronic PLC (1990–2026)
Year-by-year Free Cash Flow Generation Index for Medtronic PLC. For the full company profile including market capitalisation, see Medtronic PLC market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.74x | $5.43 Billion | $7.33 Billion | $1.90 Billion | ▲ +0.6% |
| 2025 | 0.74x | $5.18 Billion | $7.04 Billion | $1.86 Billion | ▼ -3.9% |
| 2024 | 0.77x | $5.20 Billion | $6.79 Billion | $1.59 Billion | ▲ +1.0% |
| 2023 | 0.76x | $4.58 Billion | $6.04 Billion | $1.46 Billion | ▼ -6.8% |
| 2022 | 0.81x | $5.98 Billion | $7.35 Billion | $1.37 Billion | ▲ +4.0% |
| 2021 | 0.78x | $4.88 Billion | $6.24 Billion | $1.35 Billion | ▼ -5.9% |
| 2020 | 0.83x | $6.02 Billion | $7.23 Billion | $1.21 Billion | ▼ -0.7% |
| 2019 | 0.84x | $5.87 Billion | $7.01 Billion | $1.13 Billion | ▲ +8.6% |
| 2018 | 0.77x | $3.62 Billion | $4.68 Billion | $1.07 Billion | ▼ -5.6% |
| 2017 | 0.82x | $5.63 Billion | $6.88 Billion | $1.25 Billion | ▲ +2.3% |
| 2016 | 0.80x | $4.17 Billion | $5.22 Billion | $1.05 Billion | ▼ -9.5% |
| 2015 | 0.88x | $4.33 Billion | $4.90 Billion | $571.00 Million | ▼ -4.0% |
| 2014 | 0.92x | $4.56 Billion | $4.96 Billion | $396.00 Million | ▲ +1.5% |
| 2013 | 0.91x | $4.43 Billion | $4.88 Billion | $457.00 Million | ▲ +5.2% |
| 2012 | 0.86x | $3.85 Billion | $4.47 Billion | $528.00 Million | ▲ +1.0% |
| 2011 | 0.85x | $3.19 Billion | $3.74 Billion | $548.00 Million | ▲ +0.9% |
| 2010 | 0.85x | $3.50 Billion | $4.13 Billion | $635.00 Million | ▲ +2.1% |
| 2009 | 0.83x | $3.21 Billion | $3.88 Billion | $663.00 Million | ▲ +0.3% |
| 2008 | 0.83x | $2.88 Billion | $3.49 Billion | $606.00 Million | ▲ +7.7% |
| 2007 | 0.77x | $2.29 Billion | $2.98 Billion | $694.00 Million | ▲ +75.8% |
| 2006 | 0.44x | $963.20 Million | $2.21 Billion | $1.24 Billion | ▼ -48.0% |
| 2005 | 0.84x | $2.37 Billion | $2.82 Billion | $452.00 Million | ▼ -1.3% |
| 2004 | 0.85x | $2.42 Billion | $2.85 Billion | $424.60 Million | ▲ +4.1% |
| 2003 | 0.82x | $1.70 Billion | $2.08 Billion | $380.40 Million | ▲ +7.9% |
| 2002 | 0.76x | $1.20 Billion | $1.59 Billion | $386.40 Million | ▼ -0.4% |
| 2001 | 0.76x | $1.39 Billion | $1.83 Billion | $439.70 Million | ▲ +13.1% |
| 2000 | 0.67x | $699.90 Million | $1.04 Billion | $342.10 Million | ▲ +138.8% |
| 1999 | -1.73x | $-788.50 Million | $455.30 Million | $1.24 Billion | ▼ -371.6% |
| 1998 | 0.64x | $441.90 Million | $693.10 Million | $148.20 Million | ▲ +8.1% |
| 1997 | 0.59x | $273.40 Million | $463.60 Million | $190.20 Million | ▼ -12.3% |
| 1996 | 0.67x | $336.70 Million | $500.50 Million | $163.80 Million | ▼ -10.3% |
| 1995 | 0.75x | $290.30 Million | $387.20 Million | $96.90 Million | ▼ -9.6% |
| 1994 | 0.83x | $296.10 Million | $356.90 Million | $60.80 Million | ▲ +12.8% |
| 1993 | 0.74x | $214.40 Million | $291.50 Million | $77.10 Million | ▲ +50.1% |
| 1992 | 0.49x | $74.20 Million | $151.40 Million | $77.20 Million | ▲ +2.0% |
| 1991 | 0.48x | $60.80 Million | $126.60 Million | $65.80 Million | ▼ -0.4% |
| 1990 | 0.48x | $51.50 Million | $106.80 Million | $55.30 Million | — |