Market Cap for Medtronic (MDT)
According to Medtronic's latest reported financial statements, the company's latest reported market cap is $129.95B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
MDT
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Latest period
$129.95B
YoY change
-6.5%
5Y CAGR
-10.4%
Peak year (2021)
$177.27B
Latest annual
$102.24B
Market Cap history chart for Medtronic (MDT) from 1986 to 2026
Market Cap history table for Medtronic (MDT) from 1986 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $102.24B | -6.5% | ||
| 2025 | $109.33B | +2.4% | ||
| 2024 | $106.74B | -11.9% | ||
| 2023 | $121.22B | -14.0% | ||
| 2022 | $141.03B | -20.4% | ||
| 2021 | $177.27B | +34.4% | ||
| 2020 | $131.91B | +9.4% | ||
| 2019 | $120.56B | +10.0% | ||
| 2018 | $109.63B | -5.2% | ||
| 2017 | $115.61B | +2.4% | ||
| 2016 | $112.86B | +36.7% | ||
| 2015 | $82.57B | +38.5% | ||
| 2014 | $59.62B | +24.3% | ||
| 2013 | $47.96B | +18.5% | ||
| 2012 | $40.49B | -10.3% | ||
| 2011 | $45.16B | -6.8% | ||
| 2010 | $48.47B | +34.5% | ||
| 2009 | $36.04B | -35.2% | ||
| 2008 | $55.60B | -9.6% | ||
| 2007 | $61.49B | +0.8% | ||
| 2006 | $61.01B | -5.0% | ||
| 2005 | $64.24B | +3.9% | ||
| 2004 | $61.82B | +5.5% | ||
| 2003 | $58.62B | +7.1% | ||
| 2002 | $54.72B | +0.1% | ||
| 2001 | $54.68B | -13.9% | ||
| 2000 | $63.54B | +46.3% | ||
| 1999 | $43.44B | +39.3% | ||
| 1998 | $31.19B | +54.5% | ||
| 1997 | $20.19B | +59.7% | ||
| 1996 | $12.64B | +47.4% | ||
| 1995 | $8.57B | +98.3% | ||
| 1994 | $4.32B | +12.6% | ||
| 1993 | $3.84B | -1.2% | ||
| 1992 | $3.89B | +17.2% | ||
| 1991 | $3.32B | +84.0% | ||
| 1990 | $1.80B | +37.6% | ||
| 1989 | $1.31B | +27.3% | ||
| 1988 | $1.03B | -9.7% | ||
| 1987 | $1.14B | +26.8% | ||
| 1986 | $898.90M | — |
Market Cap values are taken from Medtronic's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2026 fiscal year, Medtronic (MDT) reported market cap of $102.24B – declined 6.5% year-over-year.
Over 2021–2026 (5 years), Medtronic market cap expanded at a -10.4% compound annual rate, with a net decline across the window.
Between 2021 and 2026, Medtronic market cap plunged 42.3%, falling from $177.27B to $102.24B.
The highest annual market cap of $177.27B was reported in 2021. The lowest in the available history was $898.90M in 1986.
Among 8 Healthcare peers, Medtronic (MDT) ranks 9th; the peer median for market cap is $311.16B.
Medtronic Market Cap by Year
Medtronic Market Cap 2026: $102.24B
Medtronic market cap in 2026 was $102.24B, declined 6.5% below 2025.
Medtronic Market Cap 2025: $109.33B
Medtronic market cap in 2025 was $109.33B, edged up 2.4% from 2024.
Medtronic Market Cap 2024: $106.74B
Medtronic market cap in 2024 was $106.74B, declined 11.9% below 2023.
Medtronic Market Cap 2023: $121.22B
Medtronic market cap in 2023 was $121.22B, declined 14.0% below 2022.
Medtronic Market Cap 2022: $141.03B
Medtronic market cap in 2022 was $141.03B.
See more financial history for Medtronic (MDT).
Sector peers — Market Cap
Companies in the same sector as Medtronic, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Eli Lilly and Company (LLY) | $825.77B | Healthcare |
| Johnson & Johnson (JNJ) | $548.34B | Healthcare |
| AbbVie Inc. (ABBV) | $349.67B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $332.91B | Healthcare |
| AstraZeneca PLC (AZN) | $289.41B | Healthcare |
| Merck & Co., Inc. (MRK) | $272.11B | Healthcare |
| Amgen Inc. (AMGN) | $183.05B | Healthcare |
| Novo Nordisk A/S (NVO) | $182.96B | Healthcare |
Frequently asked questions
What is Medtronic's market cap?
- Latest reported market cap for Medtronic (MDT) is $129.95B (period ending January 23, 2026).
How has Medtronic market cap changed year-over-year?
- Medtronic (MDT) market cap changed -6.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Medtronic market cap?
- Medtronic (MDT) market cap compound annual growth rate is -10.4% over the most recent 5 years available.
When did Medtronic market cap hit its highest annual value?
- Medtronic market cap reached its highest annual value of $177.27B in 2021.
What was Medtronic market cap in 2025?
- Medtronic (MDT) market cap in 2025 was $109.33B.
What was Medtronic market cap in 2026?
- Medtronic (MDT) market cap in 2026 was $102.24B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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