Medtronic plc
MDT · Electromedical & Electrotherapeutic Apparatus · 1.28B shares · -0%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $1.7B (gross $2.1B, SBC $393M)
Reference price $80.44 · est. market cap ~$103.0B — last insider sale, 2026-06-08 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A82Medtronic — diversified medical-device giant with strong margins and cash flow.
Strengths
- Net margin 13% (96th pct), ROA (94th), free cash flow and cash both 100th
- Very low leverage (29th); broad device portfolio and pipeline
Risks
- Slow organic growth; FX and pricing pressure
- Pipeline/diabetes-spinoff execution
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $9.2B cash & investments
- China exposureIf we, or the third parties through which we do business, are not in compliance with applicable import, export control or economic sanctions laws and regulations, including regulations related to the
- Insider sellingInsider selling — 7 open-market sale(s) by 1 insider(s) (~$5M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
65.0%
Operating margin
17.8%
Net margin
13.2%
Return on equity
9.7%
Return on assets
5.2%
ROIC
10.0%
Revenue growth (QoQ)
8.7%
Net-income growth
3.0%
Debt / equity
0.0×
Net debt / EBITDA
-0.8×
Current ratio
2.1×
Free cash flow
$5.4B
EBITDA
$9.4B
Tangible book value
-$3.3B
Cash & investments
$9.2B
Stock comp / revenue
1.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-08 | KIIL HARRY SKIP | Sell | 228 | $80.45 |
| 2026-06-08 | KIIL HARRY SKIP | Sell | 4.0K | $80.44 |
| 2026-06-05 | Blomquist Denise L. | Tax withheld | 237 | $83.32 |
| 2026-06-04 | Martha Geoffrey | Tax withheld | 42K | $83.32 |
| 2026-06-04 | Walter Matthew R. | Tax withheld | 2.8K | $83.32 |
| 2026-06-04 | Marinaro Michael | Tax withheld | 7.5K | $83.32 |
| 2026-06-04 | KIIL HARRY SKIP | Tax withheld | 6.8K | $83.32 |
| 2026-05-26 | Wall Brett A. | Option exercise | 27K | — |
| 2026-05-26 | Walter Matthew R. | Option exercise | 9.1K | — |
| 2026-05-26 | Martha Geoffrey | Option exercise | 95K | — |
| 2026-05-26 | Blomquist Denise L. | Option exercise | 1.7K | — |
| 2026-05-26 | KIIL HARRY SKIP | Option exercise | 15K | — |
| 2026-05-26 | Marinaro Michael | Option exercise | 19K | — |
| 2026-05-01 | Walter Matthew R. | Tax withheld | 35 | $80.00 |
| 2026-04-28 | Lofton Kevin E | Tax withheld | 207 | $81.90 |
| 2026-04-28 | Fonseca Lidia | Tax withheld | 207 | $81.90 |
| 2026-04-28 | Powell Kendall J | Tax withheld | 207 | $81.90 |
| 2026-04-28 | DONNELLY SCOTT C | Tax withheld | 207 | $81.90 |
| 2026-04-28 | HOGAN RANDALL J | Tax withheld | 207 | $81.90 |
| 2026-04-28 | ARNOLD CRAIG | Tax withheld | 207 | $81.90 |
| 2026-04-28 | Blomquist Denise L. | Tax withheld | 318 | $81.90 |
| 2026-04-28 | Lewis Gregory P | Tax withheld | 207 | $81.90 |
| 2026-04-28 | NABEL ELIZABETH G | Tax withheld | 207 | $81.90 |
| 2026-04-27 | HOGAN RANDALL J | Grant | 2.1K | — |
| 2026-04-27 | Lee Joon Sup | Grant | 1.8K | — |
| 2026-04-27 | Blomquist Denise L. | Grant | 1.5K | — |
| 2026-04-27 | Lewis Gregory P | Grant | 2.1K | — |
| 2026-04-27 | NABEL ELIZABETH G | Grant | 2.1K | — |
| 2026-04-27 | Groetelaars John P | Grant | 1.4K | — |
| 2026-04-27 | Lofton Kevin E | Grant | 2.1K | — |
| 2026-04-27 | Fonseca Lidia | Grant | 2.1K | — |
| 2026-04-27 | Powell Kendall J | Grant | 2.1K | — |
| 2026-04-27 | DONNELLY SCOTT C | Grant | 2.1K | — |
| 2026-04-27 | Jellison William R | Grant | 1.4K | — |
| 2026-04-27 | ARNOLD CRAIG | Grant | 2.1K | — |
| 2026-03-03 | Pieton Thierry | Tax withheld | 3.0K | $96.71 |
| 2026-02-20 | Blomquist Denise L. | Gift | 340 | — |
| 2026-02-19 | KIIL HARRY SKIP | Option exercise | 20K | $87.76 |
| 2026-02-19 | KIIL HARRY SKIP | Option exercise | 385 | $80.00 |
| 2026-02-19 | KIIL HARRY SKIP | Sell | 1.6K | $97.86 |
| 2026-02-19 | KIIL HARRY SKIP | Sell | 31K | $97.66 |
| 2026-02-19 | KIIL HARRY SKIP | Sell | 19K | $97.77 |
| 2026-02-19 | KIIL HARRY SKIP | Sell | 385 | $97.82 |
| 2026-02-19 | KIIL HARRY SKIP | Sell | 668 | $97.83 |
| 2026-02-19 | KIIL HARRY SKIP | Option exercise | 31K | $93.08 |
| 2026-01-29 | Blomquist Denise L. | Tax withheld | 148 | $101.00 |
| 2025-12-15 | Marinaro Michael | Tax withheld | 1.4K | $99.87 |
| 2025-12-15 | Martha Geoffrey | Tax withheld | 1.6K | $99.87 |
| 2025-12-15 | Wall Brett A. | Tax withheld | 439 | $99.87 |
| 2025-12-05 | KIIL HARRY SKIP | Tax withheld | 1.7K | $101.36 |
| 2025-11-20 | Blomquist Denise L. | Gift | 170 | — |
| 2025-11-19 | Smith Gregory L | Sell | 24K | $101.93 |
| 2025-11-19 | Smith Gregory L | Sell | 1.9K | $101.99 |
| 2025-11-19 | Smith Gregory L | Sell | 2.0K | $102.03 |
| 2025-11-19 | Smith Gregory L | Sell | 825 | $102.04 |
| 2025-11-19 | Smith Gregory L | Sell | 227 | $102.05 |
| 2025-11-19 | Smith Gregory L | Sell | 500 | $102.08 |
| 2025-11-19 | Smith Gregory L | Sell | 325 | $102.06 |
| 2025-09-03 | KIIL HARRY SKIP | Sell | 8.4K | $91.58 |
| 2025-09-03 | KIIL HARRY SKIP | Sell | 200 | $91.59 |
| 2025-08-25 | Jellison William R | Buy | 2.5K | $92.37 |
| 2025-08-22 | Jellison William R | Buy | 2.5K | $92.73 |
| 2025-08-20 | Marinaro Michael | Tax withheld | 1.1K | $93.22 |
| 2025-08-01 | Blomquist Denise L. | Tax withheld | 93 | $89.34 |
| 2025-08-01 | Walter Matthew R. | Option exercise | 2.2K | — |
| 2025-08-01 | Walter Matthew R. | Tax withheld | 667 | $89.34 |
| 2025-08-01 | Walter Matthew R. | Tax withheld | 364 | $89.34 |
| 2025-08-01 | Walter Matthew R. | Option exercise | 963 | $78.00 |
| 2025-08-01 | Walter Matthew R. | Tax withheld | 879 | $89.34 |
| 2025-08-01 | Wall Brett A. | Option exercise | 15K | — |
| 2025-08-01 | Wall Brett A. | Tax withheld | 7.7K | $89.34 |
| 2025-08-01 | Wall Brett A. | Tax withheld | 3.9K | $89.34 |
| 2025-08-01 | Smith Gregory L | Option exercise | 11K | — |
| 2025-08-01 | Smith Gregory L | Tax withheld | 4.5K | $89.34 |
| 2025-08-01 | Smith Gregory L | Tax withheld | 2.7K | $89.34 |
| 2025-08-01 | Martha Geoffrey | Option exercise | 58K | — |
| 2025-08-01 | Martha Geoffrey | Tax withheld | 26K | $89.34 |
| 2025-08-01 | Martha Geoffrey | Tax withheld | 13K | $89.34 |
| 2025-08-01 | Martha Geoffrey | Option exercise | 41K | $78.00 |
| 2025-08-01 | Martha Geoffrey | Tax withheld | 38K | $89.34 |
| 2025-08-01 | Marinaro Michael | Option exercise | 6.5K | — |
| 2025-08-01 | Marinaro Michael | Tax withheld | 3.2K | $89.34 |
| 2025-08-01 | Marinaro Michael | Tax withheld | 1.7K | $89.34 |
| 2025-08-01 | Marinaro Michael | Option exercise | 3.1K | $78.00 |
| 2025-08-01 | Marinaro Michael | Tax withheld | 2.9K | $89.34 |
| 2025-08-01 | KIIL HARRY SKIP | Option exercise | 10K | — |
| 2025-08-01 | KIIL HARRY SKIP | Tax withheld | 4.7K | $89.34 |
| 2025-08-01 | KIIL HARRY SKIP | Tax withheld | 2.9K | $89.34 |
| 2025-08-01 | Blomquist Denise L. | Option exercise | 246 | — |
| 2025-08-01 | Blomquist Denise L. | Option exercise | 58 | — |
| 2025-08-01 | Blomquist Denise L. | Tax withheld | 22 | $89.34 |
| 2025-08-01 | Blomquist Denise L. | Tax withheld | 204 | $89.34 |
| 2025-08-01 | Blomquist Denise L. | Option exercise | 214 | $78.00 |
| 2025-08-01 | Blomquist Denise L. | Tax withheld | 196 | $89.34 |
| 2025-07-31 | Smith Gregory L | Tax withheld | 1.6K | $90.24 |
| 2025-07-28 | Quinn Michelle | Grant | 16K | — |
| 2025-07-28 | Martha Geoffrey | Grant | 38K | — |
| 2025-07-28 | Quinn Michelle | Grant | 5.4K | — |
| 2025-07-28 | Marinaro Michael | Grant | 9.8K | — |
| 2025-07-28 | Smith Gregory L | Grant | 9.8K | — |
| 2025-07-28 | KIIL HARRY SKIP | Grant | 7.6K | — |
| 2025-07-28 | Wall Brett A. | Grant | 9.8K | — |
| 2025-07-28 | Walter Matthew R. | Grant | 4.3K | — |
| 2025-07-28 | Pieton Thierry | Grant | 8.7K | — |
| 2025-07-28 | Blomquist Denise L. | Grant | 2.2K | — |
| 2025-06-03 | Blomquist Denise L. | Gift | 310 | — |
| 2025-05-02 | Walter Matthew R. | Tax withheld | 34 | $84.85 |
| 2025-04-29 | ARNOLD CRAIG | Tax withheld | 216 | $84.60 |
| 2025-04-29 | DONNELLY SCOTT C | Tax withheld | 216 | $84.60 |
| 2025-04-29 | Powell Kendall J | Tax withheld | 216 | $84.60 |
| 2025-04-29 | Fonseca Lidia | Tax withheld | 216 | $84.60 |
| 2025-04-29 | NABEL ELIZABETH G | Tax withheld | 216 | $84.60 |
| 2025-04-29 | Goldsmith Andrea Jo | Tax withheld | 216 | $84.60 |
| 2025-04-29 | Lofton Kevin E | Tax withheld | 216 | $84.60 |
| 2025-04-29 | HOGAN RANDALL J | Tax withheld | 216 | $84.60 |
| 2025-04-29 | Lewis Gregory P | Tax withheld | 181 | $84.60 |
| 2025-04-28 | ARNOLD CRAIG | Grant | 2.1K | $84.04 |
| 2025-04-28 | Blomquist Denise L. | Grant | 3.0K | — |
| 2025-04-28 | Powell Kendall J | Grant | 2.1K | $84.04 |
| 2025-04-28 | NABEL ELIZABETH G | Grant | 2.1K | $84.04 |
| 2025-04-28 | Lofton Kevin E | Grant | 2.1K | $84.04 |
| 2025-04-28 | Lewis Gregory P | Grant | 2.1K | $84.04 |
| 2025-04-28 | HOGAN RANDALL J | Grant | 2.1K | $84.04 |
| 2025-04-28 | Goldsmith Andrea Jo | Grant | 2.1K | $84.04 |
| 2025-04-28 | Fonseca Lidia | Grant | 2.1K | $84.04 |
| 2025-04-28 | DONNELLY SCOTT C | Grant | 2.1K | $84.04 |
| 2025-03-03 | Pieton Thierry | Grant | 4.2K | — |
| 2025-03-03 | Pieton Thierry | Grant | 27K | — |
| 2025-03-03 | Marinaro Michael | Tax withheld | 575 | $94.30 |
| 2025-03-03 | Pieton Thierry | Grant | 4.2K | $94.30 |
| 2025-03-03 | Pieton Thierry | Grant | 27K | $94.30 |
| 2025-01-27 | Walter Matthew R. | Option exercise | 1.3K | $74.84 |
| 2025-01-27 | Walter Matthew R. | Tax withheld | 1.2K | $92.46 |
| 2025-01-27 | Marinaro Michael | Option exercise | 2.3K | $74.84 |
| 2025-01-27 | Marinaro Michael | Tax withheld | 2.1K | $92.46 |
| 2025-01-27 | Martha Geoffrey | Option exercise | 35K | $74.84 |
| 2025-01-27 | Martha Geoffrey | Tax withheld | 30K | $92.46 |
| 2025-01-24 | Wall Brett A. | Option exercise | 12K | $78.00 |
| 2025-01-24 | Wall Brett A. | Sell | 12K | $90.00 |
| 2025-01-21 | Corona Gary Louis | Grant | 11K | — |
| 2025-01-08 | Wall Brett A. | Option exercise | 6.8K | $74.84 |
| 2025-01-08 | Wall Brett A. | Sell | 6.8K | $80.41 |
| 2025-01-08 | Wall Brett A. | Sell | 3.0K | $80.41 |
All non-derivative Form 4 activity (SEC), newest first.
Clinical trials
| Trial | Title | Phase | Status | Primary completion |
|---|---|---|---|---|
| NCT04120610 ↗ | FlowMet-R Blood Flow Measurement for the Diagnosis of Peripheral Artery Disease and Critical Limb Ischemia Peripheral Artery Disease | — | Terminated | 2022-11-21 |
Source: ClinicalTrials.gov (U.S. NIH) · active studies first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-K | 2026-06-18 | 2026-04-24 | 0001628280-26-044354 ↗ |
| 8-K | 2026-06-03 | 2026-06-03 | 0001628280-26-040034 ↗ |
| 8-K | 2026-05-18 | 2026-05-18 | 0001628280-26-035959 ↗ |
| 8-K | 2026-04-27 | 2026-04-24 | 0001628280-26-027272 ↗ |
| 8-K | 2026-03-24 | 2026-03-24 | 0001613103-26-000005 ↗ |
| 10-Q | 2026-02-24 | 2026-01-23 | 0001628280-26-011107 ↗ |
| 8-K | 2026-02-17 | 2026-02-17 | 0001628280-26-008300 ↗ |
| 10-Q | 2025-11-25 | 2025-10-24 | 0001628280-25-053988 ↗ |
| 8-K | 2025-11-18 | 2025-11-18 | 0001628280-25-052771 ↗ |
| 8-K | 2025-11-03 | 2025-11-01 | 0001628280-25-048375 ↗ |
| 8-K | 2025-10-21 | 2025-10-16 | 0001628280-25-045695 ↗ |
| 8-K | 2025-09-29 | 2025-09-29 | 0001193125-25-221819 ↗ |