Medtronic PLC (XETRA:2M6) — Market Cap & Net Worth

$102.18 Billion USD  · €87.40 Billion EUR  · Rank #238

Market Cap & Net Worth: Medtronic PLC (2M6)

Medtronic PLC (XETRA:2M6) has a market capitalization of $102.18 Billion (€87.40 Billion) as of May 2, 2026. Listed on the XETRA stock exchange, this Germany-based company holds position #238 globally and #46 in its home market, demonstrating a -3.77% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Medtronic PLC's stock price €68.36 by its total outstanding shares 1283884964 (1.28 Billion). Review total liabilities of Medtronic PLC to assess the company's total debt and financial obligations.

Medtronic PLC Market Cap History: 2015 to 2026

Medtronic PLC's market capitalization history from 2015 to 2026. Data shows growth from $82.41 Billion to $102.61 Billion (2.92% CAGR).

Medtronic PLC Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Medtronic PLC's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

3.68x

Medtronic PLC's market cap is 3.68 times its annual revenue

Industry average: 1.92x Higher than industry average

Latest Price to Earnings (P/E) Ratio

26.48x

Medtronic PLC's market cap is 26.48 times its annual earnings

Industry average: 14.54x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $81.54 Billion $28.83 Billion $3.54 Billion 2.83x 23.05x
2017 $83.45 Billion $29.71 Billion $4.03 Billion 2.81x 20.72x
2018 $98.55 Billion $29.95 Billion $3.10 Billion 3.29x 31.75x
2019 $130.74 Billion $30.56 Billion $4.63 Billion 4.28x 28.23x
2020 $125.33 Billion $28.91 Billion $4.79 Billion 4.33x 26.17x
2021 $125.97 Billion $30.12 Billion $3.61 Billion 4.18x 34.93x
2022 $102.29 Billion $31.69 Billion $5.04 Billion 3.23x 20.30x
2023 $109.07 Billion $31.23 Billion $3.76 Billion 3.49x 29.02x
2024 $115.67 Billion $32.36 Billion $3.68 Billion 3.57x 31.47x
2025 $123.47 Billion $33.54 Billion $4.66 Billion 3.68x 26.48x

Competitor Companies of 2M6 by Market Capitalization

Companies near Medtronic PLC in the global market cap rankings as of May 2, 2026.

Key companies related to Medtronic PLC by market ranking:

  • Abbott Laboratories (NYSE:ABT): Ranked #141 globally with a market cap of $155.56 Billion USD.
  • Stryker Corporation (NYSE:SYK): Ranked #208 globally with a market cap of $112.79 Billion USD.
  • Boston Scientific Corp (NYSE:BSX): Ranked #307 globally with a market cap of $83.79 Billion USD.
  • SIEMENS HEALTH ADR/050 (F:SHL1): Ranked #558 globally with a market cap of $46.68 Billion USD ( €39.93 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#141 Abbott Laboratories NYSE:ABT $155.56 Billion $89.46
#208 Stryker Corporation NYSE:SYK $112.79 Billion $294.73
#307 Boston Scientific Corp NYSE:BSX $83.79 Billion $56.50
#558 SIEMENS HEALTH ADR/050 F:SHL1 $46.68 Billion €17.80

Medtronic PLC Historical Marketcap From 2015 to 2026

Between 2015 and today, Medtronic PLC's market cap moved from $82.41 Billion to $ 102.61 Billion, with a yearly change of 2.92%.

Year Market Cap Change (%)
2026 €102.61 Billion -16.90%
2025 €123.47 Billion +6.75%
2024 €115.67 Billion +6.05%
2023 €109.07 Billion +6.62%
2022 €102.29 Billion -18.80%
2021 €125.97 Billion +0.51%
2020 €125.33 Billion -4.14%
2019 €130.74 Billion +32.66%
2018 €98.55 Billion +18.10%
2017 €83.45 Billion +2.34%
2016 €81.54 Billion -1.06%
2015 €82.41 Billion --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Medtronic PLC was reported to be:

Source Market Cap
Yahoo Finance $102.18 Billion USD
MoneyControl $102.18 Billion USD
MarketWatch $102.18 Billion USD
marketcap.company $102.18 Billion USD
Reuters $102.18 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Medtronic PLC

XETRA:2M6 Germany Medical Devices
Market Cap
$102.61 Billion
€87.77 Billion EUR
Market Cap Rank
#238 Global
#46 in Germany
Share Price
€68.36
Change (1 day)
+0.29%
52-Week Range
€68.16 - €91.27
All Time High
€102.48
About

Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor sy… Read more