Stock Analysis on Net
Stock Analysis on Net

Medtronic PLC (NYSE:MDT)

Price to Earnings (P/E)
since 2005

Microsoft Excel

Calculation

Medtronic PLC, P/E, long-term trends, calculation

Microsoft Excel
P/E = Share price1, 2, 3 ÷ Earnings per share1 (EPS) EPS1 = Net income attributable to Medtronic1
(in millions)		 ÷ No. shares of common stock outstanding2
Jun 20, 2024 27.97 = 80.17 ÷ 2.87 2.87 = 3,676 ÷ 1,282,269,783
Jun 22, 2023 30.94 = 87.41 ÷ 2.82 2.82 = 3,758 ÷ 1,330,405,428
Jun 23, 2022 23.38 = 88.67 ÷ 3.79 3.79 = 5,039 ÷ 1,328,709,310
Jun 25, 2021 46.56 = 124.93 ÷ 2.68 2.68 = 3,606 ÷ 1,343,904,180
Jun 19, 2020 26.30 = 93.91 ÷ 3.57 3.57 = 4,789 ÷ 1,341,298,882
Jun 21, 2019 28.78 = 99.38 ÷ 3.45 3.45 = 4,631 ÷ 1,341,156,703
Jun 22, 2018 37.80 = 86.81 ÷ 2.30 2.30 = 3,104 ÷ 1,351,709,097
Jun 27, 2017 29.96 = 88.79 ÷ 2.96 2.96 = 4,028 ÷ 1,359,026,669
Jun 28, 2016 33.17 = 84.14 ÷ 2.54 2.54 = 3,538 ÷ 1,394,731,892
Jun 23, 2015 40.56 = 76.61 ÷ 1.89 1.89 = 2,675 ÷ 1,416,351,117
Jun 20, 2014 20.75 = 63.86 ÷ 3.08 3.08 = 3,065 ÷ 995,764,180
Jun 24, 2013 14.99 = 51.58 ÷ 3.44 3.44 = 3,467 ÷ 1,007,412,613
Jun 26, 2012 10.57 = 37.31 ÷ 3.53 3.53 = 3,617 ÷ 1,025,044,679
Jun 28, 2011 13.37 = 39.01 ÷ 2.92 2.92 = 3,096 ÷ 1,060,963,265
Jun 29, 2010 12.65 = 36.21 ÷ 2.86 2.86 = 3,099 ÷ 1,082,967,846
Jun 23, 2009 17.11 = 33.37 ÷ 1.95 1.95 = 2,169 ÷ 1,112,348,250
Jun 24, 2008 26.02 = 51.59 ÷ 1.98 1.98 = 2,231 ÷ 1,125,244,102
Jun 25, 2007 20.81 = 51.12 ÷ 2.46 2.46 = 2,802 ÷ 1,140,402,281
Jun 28, 2006 21.31 = 46.99 ÷ 2.21 2.21 = 2,547 ÷ 1,154,790,616
Jun 29, 2005 35.12 = 52.20 ÷ 1.49 1.49 = 1,804 ÷ 1,213,729,424

Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Medtronic PLC Annual Report.

Comparison to Competitors

Medtronic PLC, P/E, long-term trends, comparison to competitors

Microsoft Excel
Medtronic PLC Abbott Laboratories Cigna Group CVS Health Corp. Elevance Health Inc. Humana Inc. Intuitive Surgical Inc. UnitedHealth Group Inc.
Jun 20, 2024 27.97 — — — — — — —
Jun 22, 2023 30.94 34.57 19.03 11.47 19.80 17.64 74.11 20.53
Jun 23, 2022 23.38 26.76 13.13 27.53 9,358,713.46 22.52 64.99 22.46
Jun 25, 2021 46.56 29.13 13.43 17.39 18.13 18.34 59.94 26.03
Jun 19, 2020 26.30 48.49 8.71 12.88 15.87 14.48 87.47 20.54
Jun 21, 2019 28.78 41.83 13.26 14.15 15.96 18.10 48.72 20.48
Jun 22, 2018 37.80 56.47 25.14 — 21.45 24.77 53.03 21.09
Jun 27, 2017 29.96 220.29 21.27 10.69 15.44 15.13 70.95 20.77
Jun 28, 2016 33.17 55.16 20.31 14.91 17.48 49.76 37.16 21.73
Jun 23, 2015 40.56 12.83 17.14 18.98 12.99 19.50 34.24 18.18
Jun 20, 2014 20.75 31.30 14.95 24.64 15.29 20.27 44.77 18.50
Jun 24, 2013 14.99 23.25 14.42 17.71 9.95 12.76 22.82 12.35
Jun 26, 2012 10.57 9.24 10.30 16.23 7.09 9.15 35.05 10.58
Jun 28, 2011 13.37 18.67 9.68 16.66 8.36 10.29 39.05 10.78
Jun 29, 2010 12.65 15.68 8.47 13.20 8.74 9.42 33.85 10.01
Jun 23, 2009 17.11 14.69 7.15 12.70 5.53 7.43 54.30 9.91
Jun 24, 2008 26.02 17.11 15.21 11.72 8.26 10.58 21.99 11.66
Jun 25, 2007 20.81 23.82 11.20 22.10 12.02 14.06 79.87 12.85
Jun 28, 2006 21.31 48.17 12.03 19.24 16.05 20.82 58.08 17.58
Jun 29, 2005 35.12 20.03 9.24 20.64 20.66 26.95 36.68 24.20

Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).

Comparison to Sector (Health Care Equipment & Services)

Medtronic PLC, P/E, long-term trends, comparison to sector (health care equipment & services)

Microsoft Excel
Medtronic PLC Health Care Equipment & Services
Jun 20, 2024 27.97 —
Jun 22, 2023 30.94 22.70
Jun 23, 2022 23.38 1,062,663.22
Jun 25, 2021 46.56 25.01
Jun 19, 2020 26.30 21.10
Jun 21, 2019 28.78 21.63
Jun 22, 2018 37.80 31.74
Jun 27, 2017 29.96 22.89
Jun 28, 2016 33.17 24.62
Jun 23, 2015 40.56 19.64
Jun 20, 2014 20.75 21.33
Jun 24, 2013 14.99 15.35
Jun 26, 2012 10.57 11.32
Jun 28, 2011 13.37 13.97
Jun 29, 2010 12.65 12.25
Jun 23, 2009 17.11 11.53
Jun 24, 2008 26.02 14.78
Jun 25, 2007 20.81 17.67
Jun 28, 2006 21.31 21.53
Jun 29, 2005 35.12 22.11

Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).

Comparison to Industry (Health Care)

Medtronic PLC, P/E, long-term trends, comparison to industry (health care)

Microsoft Excel
Medtronic PLC Health Care
Jun 20, 2024 27.97 —
Jun 22, 2023 30.94 30.09
Jun 23, 2022 23.38 314,676.00
Jun 25, 2021 46.56 19.87
Jun 19, 2020 26.30 29.50
Jun 21, 2019 28.78 21.10
Jun 22, 2018 37.80 25.51
Jun 27, 2017 29.96 29.68
Jun 28, 2016 33.17 21.38
Jun 23, 2015 40.56 19.10
Jun 20, 2014 20.75 20.89
Jun 24, 2013 14.99 18.14
Jun 26, 2012 10.57 15.43
Jun 28, 2011 13.37 15.48
Jun 29, 2010 12.65 14.45
Jun 23, 2009 17.11 11.43
Jun 24, 2008 26.02 12.78
Jun 25, 2007 20.81 18.99
Jun 28, 2006 21.31 18.38
Jun 29, 2005 35.12 21.11

Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).