TTM
65.0%
YoY change
−0.30pp
Trough year (2026)
65.0%
Peak year (1998)
103.0%
Latest annual
65.0%
Gross Margin history chart for Medtronic (MDT) from 1986 to 2026
Latest: 65.0%
Gross Margin change chart for Medtronic (MDT) from 1986 to 2026
Latest: −0.30pp
Gross Margin history table for Medtronic (MDT) from 1986 to 2026
| 2026 | 65.0% | -0.30pp | ||
| 2025 | 65.3% | -0.03pp | ||
| 2024 | 65.3% | -0.33pp | ||
| 2023 | 65.7% | -2.31pp | ||
| 2022 | 68.0% | +2.79pp | ||
| 2021 | 65.2% | -2.21pp | ||
| 2020 | 67.4% | -2.63pp | ||
| 2019 | 70.0% | +0.31pp | ||
| 2018 | 69.7% | +1.01pp | ||
| 2017 | 68.7% | +0.42pp | ||
| 2016 | 68.3% | -0.57pp | ||
| 2015 | 68.9% | -5.66pp | ||
| 2014 | 74.5% | -0.61pp | ||
| 2013 | 75.1% | -0.84pp | ||
| 2012 | 76.0% | +1.86pp | ||
| 2011 | 74.1% | -0.56pp | ||
| 2010 | 74.7% | -1.24pp | ||
| 2009 | 75.9% | +1.40pp | ||
| 2008 | 74.5% | +0.26pp | ||
| 2007 | 74.2% | -0.83pp | ||
| 2006 | 75.1% | -0.61pp | ||
| 2005 | 75.7% | +0.47pp | ||
| 2004 | 75.2% | -0.13pp | ||
| 2003 | 75.3% | +1.12pp | ||
| 2002 | 74.2% | -5.73pp | ||
| 2001 | 79.9% | +0.29pp | ||
| 2000 | 79.7% | -1.29pp | ||
| 1999 | 80.9% | -22.05pp | ||
| 1998 | 103.0% | +8.04pp | ||
| 1997 | 95.0% | +16.92pp | ||
| 1996 | 78.0% | +2.92pp | ||
| 1995 | 75.1% | +0.50pp | ||
| 1994 | 74.6% | +1.00pp | ||
| 1993 | 73.6% | +1.00pp | ||
| 1992 | 72.6% | +0.53pp | ||
| 1991 | 72.1% | -0.14pp | ||
| 1990 | 72.2% | -1.57pp | ||
| 1989 | 73.8% | +1.50pp | ||
| 1988 | 72.3% | +0.74pp | ||
| 1987 | 71.6% | +0.72pp | ||
| 1986 | 70.8% | — |
- 202665.0%-0.30pp
- 202565.3%-0.03pp
- 202465.3%-0.33pp
- 202365.7%-2.31pp
- 202268.0%+2.79pp
- 202165.2%-2.21pp
- 202067.4%-2.63pp
- 201970.0%+0.31pp
- 201869.7%+1.01pp
- 201768.7%+0.42pp
- 201668.3%-0.57pp
- 201568.9%-5.66pp
- 201474.5%-0.61pp
- 201375.1%-0.84pp
- 201276.0%+1.86pp
- 201174.1%-0.56pp
- 201074.7%-1.24pp
- 200975.9%+1.40pp
- 200874.5%+0.26pp
- 200774.2%-0.83pp
- 200675.1%-0.61pp
- 200575.7%+0.47pp
- 200475.2%-0.13pp
- 200375.3%+1.12pp
- 200274.2%-5.73pp
- 200179.9%+0.29pp
- 200079.7%-1.29pp
- 199980.9%-22.05pp
- 1998103.0%+8.04pp
- 199795.0%+16.92pp
- 199678.0%+2.92pp
- 199575.1%+0.50pp
- 199474.6%+1.00pp
- 199373.6%+1.00pp
- 199272.6%+0.53pp
- 199172.1%-0.14pp
- 199072.2%-1.57pp
- 198973.8%+1.50pp
- 198872.3%+0.74pp
- 198771.6%+0.72pp
- 198670.8%—
Gross Margin values are taken from Medtronic's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Medtronic (MDT)
According to Medtronic's latest reported financial statements, the company's latest reported gross margin is 65.0%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, Medtronic (MDT) gross margin totalled 65.02% – contracted 0.3 percentage points year-over-year.
Across the available history, gross margin reached its high of 102.99% in 1998 and its low of 65.02% in 2026.
Medtronic Gross Margin by Year
Medtronic Gross Margin 2026: 65.0%
Medtronic gross margin in 2026 was 65.02%, contracted 0.3 percentage points from 2025. This figure represents the lowest annual value in the available history.
Medtronic Gross Margin 2025: 65.3%
2025's gross margin for Medtronic came in at 65.32%, contracted 0.0 percentage points from 2024.
Medtronic Gross Margin 2024: 65.3%
Medtronic posted gross margin of 65.34% in 2024, contracted 0.3 percentage points from 2023.
Medtronic Gross Margin 2023: 65.7%
In 2023, Medtronic reported gross margin of 65.67%, contracted 2.3 percentage points from 2022.
Medtronic Gross Margin 2022: 68.0%
Medtronic gross margin in 2022 was 67.98%.
See more financial history for Medtronic (MDT).
Sector peers by Gross Margin
Healthcare peers of Medtronic (MDT), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
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