Medtronic PLC Tangible Net Worth Ratio
Medtronic PLC tangible net worth ratio. Medtronic PLC (MDT) has a Tangible Net Worth Ratio of 79.7% as of April 2026. This metric is calculated by deducting intangible assets ($10.15 Billion) from net assets ($50.07 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Medtronic PLC growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Medtronic PLC (1986–2026)
Tangible net worth ratio of Medtronic PLC from 1986 to 2026. This chart shows how Medtronic PLC's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of April 2026, the ratio stands at 79.7%, reflecting net assets of $50.07 Billion with intangible assets of $10.15 Billion USD. Check asset allocation strategy of Medtronic PLC to assess the company's strategic physical and investment asset allocation.
Medtronic PLC Tangible Net Worth Ratio by Year (1986–2026)
Medtronic PLC tangible net worth ratio by year from 1986 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Medtronic PLC from 1986 to 2026, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Medtronic PLC stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 79.7% | $50.07 Billion | $10.15 Billion | $93.03 Billion | ▲ +3.9 pp |
| 2025 | 75.8% | $48.26 Billion | $11.67 Billion | $91.68 Billion | ▲ +2.1 pp |
| 2024 | 73.8% | $50.42 Billion | $13.22 Billion | $89.98 Billion | ▲ +2.5 pp |
| 2023 | 71.3% | $51.66 Billion | $14.84 Billion | $90.95 Billion | ▲ +0.8 pp |
| 2022 | 70.4% | $52.72 Billion | $15.59 Billion | $90.98 Billion | ▲ +4.8 pp |
| 2021 | 65.6% | $51.60 Billion | $17.74 Billion | $93.08 Billion | ▲ +3.1 pp |
| 2020 | 62.5% | $50.87 Billion | $19.06 Billion | $90.69 Billion | ▲ +3.5 pp |
| 2019 | 59.1% | $50.21 Billion | $20.56 Billion | $89.69 Billion | ▲ +1.8 pp |
| 2018 | 57.3% | $50.82 Billion | $21.72 Billion | $91.39 Billion | ▲ +3.7 pp |
| 2017 | 53.6% | $50.42 Billion | $23.41 Billion | $99.82 Billion | ▲ +5.5 pp |
| 2016 | 48.1% | $51.83 Billion | $26.90 Billion | $99.55 Billion | ▲ +0.9 pp |
| 2015 | 47.2% | $53.23 Billion | $28.10 Billion | $106.69 Billion | ▼ -41.0 pp |
| 2014 | 88.2% | $19.44 Billion | $2.29 Billion | $37.94 Billion | ▲ +2.6 pp |
| 2013 | 85.7% | $18.67 Billion | $2.67 Billion | $34.79 Billion | ▲ +1.2 pp |
| 2012 | 84.5% | $17.11 Billion | $2.65 Billion | $33.08 Billion | ▲ +1.6 pp |
| 2011 | 82.9% | $15.97 Billion | $2.73 Billion | $30.42 Billion | ▲ +0.4 pp |
| 2010 | 82.5% | $14.63 Billion | $2.56 Billion | $28.09 Billion | ▲ +1.8 pp |
| 2009 | 80.7% | $12.85 Billion | $2.48 Billion | $23.66 Billion | ▼ -0.3 pp |
| 2008 | 81.0% | $11.54 Billion | $2.19 Billion | $22.20 Billion | ▼ -6.0 pp |
| 2007 | 86.9% | $10.98 Billion | $1.43 Billion | $19.51 Billion | ▲ +3.9 pp |
| 2006 | 83.0% | $9.38 Billion | $1.59 Billion | $19.66 Billion | ▲ +33.7 pp |
| 2005 | 49.3% | $10.45 Billion | $5.30 Billion | $16.62 Billion | ▲ +7.0 pp |
| 2004 | 42.3% | $9.08 Billion | $5.24 Billion | $14.11 Billion | ▲ +8.3 pp |
| 2003 | 34.0% | $7.91 Billion | $5.22 Billion | $12.32 Billion | ▼ -49.5 pp |
| 2002 | 83.5% | $6.43 Billion | $1.06 Billion | $10.90 Billion | ▼ -12.1 pp |
| 2001 | 95.7% | $5.51 Billion | $239.40 Million | $7.04 Billion | ▲ +26.0 pp |
| 2000 | 69.7% | $4.49 Billion | $1.36 Billion | $5.67 Billion | ▲ +7.3 pp |
| 1999 | 62.4% | $3.65 Billion | $1.37 Billion | $4.87 Billion | ▼ -10.0 pp |
| 1998 | 72.4% | $2.04 Billion | $563.80 Million | $2.77 Billion | ▲ +0.5 pp |
| 1997 | 71.9% | $1.75 Billion | $491.00 Million | $2.41 Billion | ▼ -1.8 pp |
| 1996 | 73.6% | $1.79 Billion | $471.70 Million | $2.50 Billion | ▲ +0.9 pp |
| 1995 | 72.8% | $1.33 Billion | $363.30 Million | $1.95 Billion | ▲ +7.6 pp |
| 1994 | 65.1% | $1.05 Billion | $367.20 Million | $1.62 Billion | ▼ -18.3 pp |
| 1993 | 83.4% | $841.50 Million | $139.60 Million | $1.29 Billion | ▲ +0.4 pp |
| 1992 | 83.0% | $796.50 Million | $135.20 Million | $1.16 Billion | ▲ +3.6 pp |
| 1991 | 79.4% | $683.20 Million | $140.70 Million | $1.02 Billion | ▲ +5.8 pp |
| 1990 | 73.6% | $541.00 Million | $142.90 Million | $856.50 Million | ▲ +5.1 pp |
| 1989 | 68.5% | $473.60 Million | $149.10 Million | $759.60 Million | ▼ -17.5 pp |
| 1988 | 86.0% | $395.90 Million | $55.40 Million | $640.80 Million | ▼ -2.3 pp |
| 1987 | 88.3% | $387.00 Million | $45.30 Million | $559.70 Million | ▲ +2.1 pp |
| 1986 | 86.1% | $348.70 Million | $48.30 Million | $527.40 Million | — |