Medtronic PLC

NYSE:MDT USA Medical Devices
Market Cap
$113.38 Billion
Market Cap Rank
#168 Global
#134 in USA
Share Price
$88.44
Change (1 day)
+0.23%
52-Week Range
$80.68 - $105.35
All Time High
$122.32
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

Medtronic PLC (MDT) - Total Assets

Latest total assets as of October 2025: $91.35 Billion USD

Based on the latest financial reports, Medtronic PLC (MDT) holds total assets worth $91.35 Billion USD as of October 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Medtronic PLC - Total Assets Trend (1986–2025)

This chart illustrates how Medtronic PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Medtronic PLC - Asset Composition Analysis

Current Asset Composition (April 2025)

Medtronic PLC's total assets of $91.35 Billion consist of 26.0% current assets and 74.0% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $2.22 Billion 2.4%
Accounts Receivable $6.51 Billion 7.1%
Inventory $5.48 Billion 6.0%
Property, Plant & Equipment $7.94 Billion 8.7%
Intangible Assets $11.67 Billion 12.7%
Goodwill $41.74 Billion 45.5%

Asset Composition Trend (1986–2025)

This chart illustrates how Medtronic PLC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Medtronic PLC's current assets represent 26.0% of total assets in 2025, a decrease from 67.3% in 1986.
  • Cash Position: Cash and equivalents constituted 2.4% of total assets in 2025, down from 25.7% in 1986.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 57.0% of total assets, an increase from 9.0% in 1986.
  • Asset Diversification: The largest asset category is goodwill at 45.5% of total assets.

Medtronic PLC Competitors by Total Assets

Key competitors of Medtronic PLC based on total assets are shown below.

Medtronic PLC - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.29 - 0.37

Lower asset utilization - Medtronic PLC generates 0.37x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.40% - 5.54%

Solid ROA - For every $100 in assets, Medtronic PLC generates $5.09 in net profit.

Medtronic PLC - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 2.42 1.84 2.10
Quick Ratio 1.80 1.39 1.74
Cash Ratio 0.13 0.11 0.00
Working Capital $14.06 Billion $ 10.24 Billion $ 13.81 Billion

Medtronic PLC - Advanced Valuation Insights

This section examines the relationship between Medtronic PLC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 2.66
Latest Market Cap to Assets Ratio 1.23
Asset Growth Rate (YoY) 1.9%
Total Assets $91.68 Billion
Market Capitalization $113.17 Billion USD

Valuation Analysis

Above Book Valuation: The market values Medtronic PLC's assets above their book value (1.23 x), reflecting positive investor sentiment about the company's future prospects.

Positive Asset Growth: Medtronic PLC's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Medtronic PLC (1986–2025)

The table below shows the annual total assets of Medtronic PLC from 1986 to 2025.

Year Total Assets Change
2025-04-30 $91.68 Billion +1.89%
2024-04-30 $89.98 Billion -1.06%
2023-04-30 $90.95 Billion -0.04%
2022-04-30 $90.98 Billion -2.26%
2021-04-30 $93.08 Billion +2.64%
2020-04-30 $90.69 Billion +1.11%
2019-04-30 $89.69 Billion -1.86%
2018-04-30 $91.39 Billion -8.44%
2017-04-30 $99.82 Billion +0.27%
2016-04-30 $99.55 Billion -6.69%
2015-04-30 $106.69 Billion +181.17%
2014-04-30 $37.94 Billion +9.05%
2013-04-30 $34.79 Billion +5.17%
2012-04-30 $33.08 Billion +8.74%
2011-04-30 $30.42 Billion +8.31%
2010-04-30 $28.09 Billion +18.72%
2009-04-30 $23.66 Billion +6.59%
2008-04-30 $22.20 Billion +13.77%
2007-04-30 $19.51 Billion -0.78%
2006-04-30 $19.66 Billion +18.34%
2005-04-30 $16.62 Billion +17.76%
2004-04-30 $14.11 Billion +14.53%
2003-04-30 $12.32 Billion +12.99%
2002-04-30 $10.90 Billion +54.92%
2001-04-30 $7.04 Billion +24.16%
2000-04-30 $5.67 Billion +16.41%
1999-04-30 $4.87 Billion +75.53%
1998-04-30 $2.77 Billion +15.17%
1997-04-30 $2.41 Billion -3.76%
1996-04-30 $2.50 Billion +28.59%
1995-04-30 $1.95 Billion +19.92%
1994-04-30 $1.62 Billion +26.18%
1993-04-30 $1.29 Billion +10.57%
1992-04-30 $1.16 Billion +13.61%
1991-04-30 $1.02 Billion +19.57%
1990-04-30 $856.50 Million +12.76%
1989-04-30 $759.60 Million +18.54%
1988-04-30 $640.80 Million +14.49%
1987-04-30 $559.70 Million +6.12%
1986-04-30 $527.40 Million --