What is Medtronic's market cap?

Medtronic (MDT) has a market capitalization of $103.31B as of June 12, 2026. Market cap is the total market value of the company's outstanding shares (share price × shares outstanding), shown here in US dollars (USD).

How is Medtronic's market cap calculated, and what currency is it in?

Market capitalization is calculated by multiplying Medtronic's share price by its total shares outstanding. Although Medtronic reports its financial statements in USD, market cap on this page is shown in US dollars (USD) for comparability with other companies.

What is the highest market cap Medtronic has reached?

Medtronic (MDT) reached its all-time high market cap of $183.34B on September 8, 2021, based on daily closing values in our history.

What is the lowest market cap Medtronic has reached?

Medtronic (MDT) recorded its all-time low market cap of $27.35B on March 9, 2009 in the available daily history.

Is Medtronic's market cap above or below its 5-year average?

At $103.31B, Medtronic's market cap is currently below its five-year average of $121.56B.

What was Medtronic's market cap in 2025?

Medtronic (MDT) ended 2025 with a market cap of $109.33B.

What was Medtronic's market cap in 2026?

Medtronic (MDT) ended 2026 with a market cap of $107.32B.

Medtronic (MDT) Market Cap History

Current

$103.31B

As of Jun 12, 2026

5-Year Average

$121.56B

All-Time High

$183.34B

Sep 8, 2021

All-Time Low

$27.35B

Mar 9, 2009

Market cap daily chart for Medtronic (MDT)

Jun 16, 2021 – Jun 12, 2026 · 1,254 trading days

Market Cap growth chart for Medtronic (MDT) from 1986 to 2026

Latest: -1.8%

Market Cap history table for Medtronic (MDT) from 1986 to 2026


2026	$107.32B	-1.8%	−$2.01B	Apr 24, 2026	Jun 3, 2026
2025	$109.33B	+2.4%	+$2.60B	Apr 30, 2025	Jun 20, 2025
2024	$106.74B	-11.9%	−$14.48B	Apr 30, 2024	Jun 20, 2024
2023	$121.22B	-14.0%	−$19.81B	Apr 30, 2023	Jun 22, 2023
2022	$141.03B	-20.4%	−$36.23B	Apr 30, 2022	Jun 23, 2022
2021	$177.27B	+34.4%	+$45.36B	Apr 30, 2021	Jun 25, 2021
2020	$131.91B	+9.4%	+$11.35B	Apr 30, 2020	Jun 19, 2020
2019	$120.56B	+10.0%	+$10.93B	Apr 30, 2019	Jun 21, 2019
2018	$109.63B	-5.2%	−$5.98B	Apr 30, 2018	Jun 22, 2018
2017	$115.61B	+2.4%	+$2.75B	Apr 30, 2017	Jun 27, 2017
2016	$112.86B	+36.7%	+$30.29B	Apr 30, 2016	Jun 28, 2016
2015	$82.57B	+38.5%	+$22.95B	Apr 30, 2015	Jun 23, 2015
2014	$59.62B	+24.3%	+$11.66B	Apr 30, 2014	Apr 30, 2014
2013	$47.96B	+18.5%	+$7.48B	Apr 30, 2013	Apr 30, 2013
2012	$40.49B	-10.3%	−$4.67B	Apr 30, 2012	Apr 30, 2012
2011	$45.16B	-6.8%	−$3.31B	Apr 30, 2011	Apr 30, 2011
2010	$48.47B	+34.5%	+$12.43B	Apr 30, 2010	Apr 30, 2010
2009	$36.04B	-35.2%	−$19.56B	Apr 30, 2009	Apr 30, 2009
2008	$55.60B	-9.6%	−$5.90B	Apr 30, 2008	Apr 30, 2008
2007	$61.49B	+0.8%	+$483.00M	Apr 30, 2007	Apr 30, 2007
2006	$61.01B	-5.0%	−$3.23B	Apr 30, 2006	Apr 30, 2006
2005	$64.24B	+3.9%	+$2.41B	Apr 30, 2005	Apr 30, 2005
2004	$61.82B	+5.5%	+$3.20B	Apr 30, 2004	Apr 30, 2004
2003	$58.62B	+7.1%	+$3.90B	Apr 30, 2003	Apr 30, 2003
2002	$54.72B	+0.1%	+$38.84M	Apr 30, 2002	Apr 30, 2002
2001	$54.68B	-13.9%	−$8.86B	Apr 30, 2001	Apr 30, 2001
2000	$63.54B	+46.3%	+$20.11B	Apr 30, 2000	Apr 30, 2000
1999	$43.44B	+39.3%	+$12.24B	Apr 30, 1999	Apr 30, 1999
1998	$31.19B	+54.5%	+$11.00B	Apr 30, 1998	Apr 30, 1998
1997	$20.19B	+59.7%	+$7.55B	Apr 30, 1997	Apr 30, 1997
1996	$12.64B	+47.4%	+$4.07B	Apr 30, 1996	Apr 30, 1996
1995	$8.57B	+98.3%	+$4.25B	Apr 30, 1995	Apr 30, 1995
1994	$4.32B	+12.6%	+$483.29M	Apr 30, 1994	Apr 30, 1994
1993	$3.84B	-1.2%	−$44.79M	Apr 30, 1993	Apr 30, 1993
1992	$3.89B	+17.2%	+$569.56M	Apr 30, 1992	Apr 30, 1992
1991	$3.32B	+84.0%	+$1.51B	Apr 30, 1991	Apr 30, 1991
1990	$1.80B	+37.6%	+$492.13M	Apr 30, 1990	Apr 30, 1990
1989	$1.31B	+27.3%	+$281.12M	Apr 30, 1989	Apr 30, 1989
1988	$1.03B	-9.7%	−$110.45M	Apr 30, 1988	Apr 30, 1988
1987	$1.14B	+26.8%	+$240.90M	Apr 30, 1987	Apr 30, 1987
1986	$898.90M	—	—	Apr 30, 1986	Apr 30, 1986

2026$107.32B-1.8%
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 (share counts) and end-of-day prices (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 Market Cap at Medtronic (MDT)

According to Medtronic's latest reported financial statements, the company's latest reported market cap is $107.32B. 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 April 24, 2026 (reported June 3, 2026). Chart and table below cover the full reported history back to 1986.

As of the 2026 fiscal year, Medtronic (MDT) reported market cap of $107.32B – edged down 1.8% year-over-year.

Over 2021–2026 (5 years), Medtronic market cap expanded at a -9.5% compound annual rate, with a net decline across the window.

Between 2021 and 2026, Medtronic market cap plunged 39.5%, falling from $177.27B to $107.32B.

The highest annual market cap of $177.27B was reported in 2021. The lowest in the available history was $898.90M in 1986.

Medtronic Market Cap by Year

Medtronic Market Cap 2026: $107.32B

Medtronic posted market cap of $107.32B in 2026, edged down 1.8% below 2025.

Medtronic Market Cap 2025: $109.33B

In 2025, Medtronic reported market cap of $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

2023's market cap for Medtronic came in at $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 by Market Cap

Healthcare peers of Medtronic (MDT), ranked by their latest market cap


Eli Lilly (LLY)	$1.07T
Johnson & Johnson (JNJ)	$579.83B
AbbVie (ABBV)	$402.35B
UnitedHealth Group (UNH)	$371.00B
Merck & Co. (MRK)	$294.03B
AstraZeneca (AZN)	$277.22B
Novo Nordisk (NVO)	$194.99B
Amgen (AMGN)	$191.70B

Frequently asked questions

Medtronic (MDT) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation