All stocks · Healthcare · Health Care Equipment

Medtronic plc MDT

Medtronic plc scores average on business quality (5.7 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$88.48Oct 9, 2026
Business qualityAverage
Next earningsNov 16, 2026
Insiders, 90 daysSelling

Why it matters

  1. What Medtronic plc does

    Medtronic manufactures medical devices, generating revenue by selling surgical tools, cardiac rhythms, and diabetes technology to hospitals and clinics globally.

  2. What it does best

    Medtronic excels at hospital device integration, holding a 65.7% gross margin that easily outpaces peer STE at 44.4%. This edge stems from deep clinical relationships and strict regulatory approvals that make switching device vendors difficult for surgeons.

  3. The main risk

    A 49-year dividend streak faces severe pressure as slowing revenue growth challenges cash commitments to shareholders, threatening capital allocation priorities if cash flow fails to accelerate.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityFair

An operating margin of 19.9% and a net margin of 13.9% point to steady margins, though scale advantages are currently muted by high operating expenses.

MoatFair

High switching costs protect its hospital relationships, ranking in the middle of its sector at the 60th percentile for operating margins.

GrowthSteady

Revenue growth reached 8.4%, showing signs of acceleration compared to past annual periods as new product cycles begin to take hold.

Financial healthFair

Interest coverage of 10.3x keeps debt costs manageable alongside $6.1B in free cash flow, though net debt of $18.7B creates a heavy balance-sheet anchor.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $139K outside pre-planned sales.

Our sealed record on MDT

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is MDT a good business?

Medtronic plc scores average on the Cluenex quality check (5.7 of 10), measured against its own industry. Profitability is fair, moat fair, growth steady and financial health fair.

Are insiders buying MDT?

In the last 90 days of SEC Form 4 filings: 1 sold $139K outside pre-planned sales.

When does MDT report earnings?

Nov 16, 2026.

For members

See MDT today

  • Today's verdict on MDT, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
Open in Cluenex Free to start. First month of Core free.

Cite this page: Cluenex, “Medtronic plc (MDT)”, https://cluenex.com/stocks/mdt/, data as of Oct 10, 2026.