Medtronic PLC (2M6) — Free Cash Flow Generation Index

Latest as of April 2026: 0.81x

Medtronic PLC (2M6) 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). Explore Medtronic PLC (2M6) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.81x
Free Cash Flow / Operating CF

Free Cash Flow

€2.08 Billion
EUR

Operating Cash Flow

€2.57 Billion
EUR

Capital Expenditures

€487.95 Million
EUR

Medtronic PLC Free Cash Flow Generation Index (1990–2026)

Historical FCF Generation Index trend for Medtronic PLC across 37 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Medtronic PLC.

Annual Free Cash Flow Generation for Medtronic PLC (1990–2026)

Year-by-year Free Cash Flow Generation Index for Medtronic PLC. Check 2M6 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (EUR) 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 ▲ +3.1%
2012 0.88x €3.85 Billion €4.38 Billion €528.00 Million ▲ +3.0%
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 ▼ -331.3%
1998 0.75x €441.90 Million €590.10 Million €148.20 Million ▲ +27.0%
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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).