• Countries150FY, 2021
  • Revenue$31.7 BFY, 2022
  • Market Capitalization$121.4 B2022-07-01

Medtronic Summary


Medtronic is a company that develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients. It operates through four segments: Cardiovascular Portfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, implantable cardioverter defibrillators, atrial fibrillation ablation products, mechanical circulatory support products, products for the repair and replacement of heart valves, perfusion systems, positioning and stabilization systems for beating heart revascularization surgery, surgical ablation products, and a line of products and therapies to treat aortic diseases. The Medical Surgical Portfolio segment provides stapling and energy products, electrosurgical hardware and instruments, products designed for the treatment of hernias, gastrointestinal and endoscopy products, airway, ventilation, and inhalation therapies products, etc. The Neuroscience Portfolio segment offers neurosurgery products, products to treat a variety of conditions affecting the spine, products that facilitate less invasive thoracolumbar surgeries, biologic solutions products, pelvic health and gastric therapies products, ENT products, spinal cord stimulation products, etc. The Diabetes Operating Unit segment offers insulin pumps and consumables, and continuous glucose monitoring systems.
HQDublin, IEMap
Employee Ratings
Overall CultureB+More


Medtronic is headquartered in
Dublin, Ireland

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Apr 2022)95,000(+6%)
Job Openings2,733
Website Visits (Mar 2022)3 m(+5%)
Revenue (FY, 2022)$31.7 B(+5%)
Share Price (Jul 2022)$91.4(+2%)
Cybersecurity ratingBMore
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Key People/Management at Medtronic

Medtronic Office Locations

Medtronic has offices in Dublin, Boulder, Columbia Heights, Doral and in 76 other locations

Medtronic Financials and Metrics

Medtronic's revenue was reported to be $31.69 b in FY, 2022


Revenue (FY, 2022)$31.69 b
Gross profit (FY, 2022)$22.52 b
Net income (FY, 2022)$5.06 b
EBITDA (FY, 2022) $8.54 b
EBIT (FY, 2022) $6.12 b
Market capitalization (01-Jul-2022)$121.42 b
Closing stock price(01-Jul-2022)$91.38
Cash (29-Apr-2022)$3.71 b
EV $141.82 b

Medtronic's current market capitalization is $121.4 b.

USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Revenue30 b30.6 b28.9 b30.1 b31.7 b
Cost of goods sold(8.2 b)(8.3 b)(8.5 b)(9.6 b)(9.2 b)
Gross profit22.4 b22.3 b20.4 b20.6 b22.5 b
R&D expense(2.3 b)(2.3 b)(2.3 b)(2.5 b)(2.7 b)
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022
Revenue7.4 b7.5 b7.5 b7.5 b7.7 b7.7 b6.5 b7.6 b7.8 b8 b7.8 b7.8 b
Cost of goods sold(1.5 b)(2.4 b)(1.1 b)(2.1 b)(2.2 b)(2.2 b)(2.3 b)(2.5 b)(2.4 b)(2.4 b)(2.3 b)(1.8 b)
Gross profit5.8 b5 b6.4 b5.4 b5.5 b5.5 b4.3 b5.1 b5.4 b5.6 b5.6 b6 b
R&D expense(585 m)(590 m)(561 m)(587 m)(603 m)(573 m)(621 m)(639 m)(601 m)(750 m)(676 m)(668 m)
show all

USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Cash3.7 b4.4 b4.1 b3.6 b3.7 b
Accounts Receivable6 b6.2 b4.6 b5.5 b5.6 b
Prepaid Expenses00000
Inventories3.6 b3.8 b4.2 b4.3 b4.6 b
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022
Cash4.4 b3.9 b3.7 b5.1 b4 b3.7 b6.5 b6.4 b5.1 b3 b2.9 b3.5 b
Accounts Receivable5.7 b5.7 b5.9 b5.9 b6.1 b6.2 b4.9 b5.3 b5.2 b5.4 b5.5 b5.4 b
Prepaid Expenses000000000000
Inventories3.7 b3.8 b3.9 b3.9 b4 b4.1 b4.6 b4.5 b4.5 b4.3 b4.3 b4.5 b
show all

USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Net Income3.1 b4.7 b4.8 b3.6 b5.1 b
Depreciation and Amortization2.6 b2.7 b2.7 b2.7 b2.7 b
Accounts Receivable(275 m)(581 m)1.3 b(761 m)(477 m)
Inventories(192 m)(274 m)(577 m)78 m(560 m)
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022
Net Income1.1 b2.2 b3.5 b877 m2.2 b4.2 b491 m985 m2.3 b769 m2.1 b3.6 b
Depreciation and Amortization666 m1.3 b2 b657 m1.3 b2 b669 m1.3 b2 b671 m1.3 b2 b
Accounts Receivable138 m(37 m)(140 m)319 m39 m(119 m)(142 m)(669 m)(450 m)(40 m)(171 m)(212 m)
Inventories(180 m)(312 m)(367 m)(122 m)(267 m)(346 m)(235 m)(145 m)(75 m)(75 m)(156 m)(359 m)
show all

FY, 2022
EV/EBIT26.7 x
EV/CFO22.3 x
Revenue/Employee333.5 k
  • Medtronic Market Cap History

  • Medtronic Stock Price

Revenue Breakdown

Medtronic revenue breakdown by business segment: 7.4% from DIABETES GROUP, 28.8% from MEDICAL SURGICAL, 27.7% from NEUROSCIENCE and 36.1% from CARDIOVASCULAR

Medtronic revenue breakdown by geographic segment: 100.0% from IRELAND

Medtronic Operating Metrics

Medtronic's Floor Space, square feet was reported to be 9.6 m in FY, 2021.

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021
Manufacturing Facilities8089
Sales Offices345224189180
Floor Space, square feet9 m9.4 m9.6 m

Medtronic Acquisitions / Subsidiaries

Company NameDateDeal Size
AfferaJanuary 10, 2022$925 m
Intersect ENTAugust 06, 2021$1.1 b
Ai BiomedOctober 29, 2020
Companion MedicalAugust 11, 2020
MedicreaJuly 15, 2020
Digital SurgeryFebruary 13, 2020
StimgenicsJanuary 08, 2020
KlueDecember 17, 2019
AV MedicalOctober 11, 2019$30 m
Titan SpineMay 10, 2019

Human Capital Metrics


Medtronic Hiring Categories

Medtronic Median Salaries

Source: 9 public H-1B filings from Medtronic

Medtronic Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

Medtronic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

CSRHub logo

Medtronic Website Traffic

Total Visits per monthSimilarWeb

Medtronic Online and Social Media Presence

Twitter followers

82.82 k Twitter followers

6 Months

Medtronic has 82.82 k Twitter Followers. The number of followers has increased 0.21% month over month and increased 0.73% quarter over quarter.

Medtronic's Trends

Search term - Medtronic

Twitter Engagement Stats for @Medtronic

  • 5.32 k


  • 395


  • 82.82 k


  • 29

    Tweets last 30 days

  • 6.7

    Avg. likes per Tweet

  • 65.5%

    Tweets with engagement

Medtronic Technology StackBuildWith Logo

  • ads

    45 products used

    • Adify
    • Adobe Audience Manager
    • Adobe Audience Manager Sync
      • AdRoll
      • AOL-Time Warner Online Advertising
      • AppNexus
      • AppNexus Segment Pixel
      • Beeswax
      • Bizo
      • BlueKai
      • BlueKai DMP
      • Burst Media
      • Centro
      • Chango
      • Collective Media
      • ContextWeb
      • DemDex
      • DoubleClick.Net
      • Dstillery
      • ExactTarget
      • Ezakus
      • Facebook Custom Audiences
      • Facebook Exchange FBX
      • Falk Realtime
      • Google Adsense
      • Google AdSense Custom Search Ads
      • Google Adsense for Search
      • Google Remarketing
      • Index Exchange
      • IponWeb BidSwitch
      • LinkedIn Ads
      • Media Innovation Group
      • MLN Advertising
      • Openads/OpenX
      • Pubmatic
      • Resonate Insights
      • Rubicon Project
      • SiteScout
      • SpotXchange
      • The Trade Desk
      • Turn
      • Twitter Ads
      • Uberflip
      • Yahoo Small Business
  • analytics

    60 products used

    • Adblock Analytics
    • Adobe Analytics
    • Adobe CQ Analytics
      • Adobe Dynamic Tag Management
      • Adobe Experience Platform Identity Service
      • Adobe Experience Platform Launch
      • Adobe Launch
      • Adobe Marketing Cloud
      • Adobe Target Standard
      • Adobe Target v2.x
      • Akamai mPulse
      • Bazaarvoice
      • Bizo Insights
      • Bombora
      • BrightFunnel
      • Cardlytics
      • comScore
      • Datalogix
      • Dynatrace
      • Efficient Frontier
      • Eloqua
      • Everest Technologies
      • Facebook Domain Insights
      • Facebook Pixel
      • Facebook Signal
      • ForeSee Results
      • Global Site Tag
      • Google Analytics
      • Google Analytics Classic
      • Google Analytics Ecommerce
      • Google Analytics Enhanced Ecommerce
      • Google Analytics Event Tracking
      • Google Content Experiments
      • Google Conversion Tracking
      • Google Optimize 360
      • Google Universal Analytics
      • Google Website Optimizer
      • Hotjar
      • iPerceptions
      • LeadLander
      • LinkedIn Insights
      • Lotame Crowd Control
      • Marketo
      • Matomo
      • MediaMath
      • New Relic
      • Omniture Adobe Test and Target
      • Omniture SiteCatalyst
      • Optimizely
      • Pardot
      • Rapleaf
      • Salesforce
      • Salesforce Interaction Studio
      • Salesforce Web to Lead
      • Terminus
      • Trackalyzer
      • Twitter Analytics
      • Visual Sciences
      • Visual Website Optimizer
      • Yahoo Web Analytics
  • CDN

    20 products used

    • AJAX Libraries API
    • Akamai
    • Akamai Global Host
      • Amazon S3
      • BootstrapCDN
      • CDN JS
      • Cloudflare
      • Cloudflare JS
      • CloudFront
      • Content Delivery Network
      • Facebook CDN
      • GStatic Google Static Content
      • jQuery CDN
      • jsDelivr
      • Microsoft Ajax Content Delivery Network
      • Microsoft Azure Blob Storage
      • OSS CDN
      • Twitter CDN
      • Yahoo Image CDN
      • Zencoder CDN
  • cdns

    4 products used

    • Akamai Edge
    • Akamai EdgeConnect
    • Amazon CloudFront
    • Amazon S3 CDN
Learn more on BuiltWith

Medtronic Company CultureCultureAndCompensation Logo

  • Overall Culture



  • CEO Rating



  • Compensation



  • Diversity



Learn more on Comparably

Medtronic News and Updates

Jul 01, 2022
Acutus Medical Completes First Closing of Transaction with Medtronic and Debt Refinancing to Fund Strategic Growth Priorities
_3xOCqCARLSBAD, Calif., July 01, 2022 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB), an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated, today announced the completion of the first of two closings for its previously disclosed sale of the Company’s left-heart access portfolio to Medtronic, Inc. (“Medtronic”) and entry into a new longer-term credit facility with Deerfield Management Company (“Deerfield”) to refinance its existing debt. The Company expects these transactions to fund its long-term growth objectives.
Jun 29, 2022
Mentice receives an initial order of USD 1.93million for simulation solutions and development services from Medtronic
GOTHENBURG, Sweden , June 29, 2022 /PRNewswire/ -- Mentice, Gothenburg (STO: MNTC), a world leader in simulation solutions for image-guided interventional therapies, announced today that Medtronic, Dublin (NYSE: MDT), a global healthcare technology leader, has signed an agreement to...
Jun 27, 2022
Regenerative Medicines: Bone and Joint Applications Global Market Report 2022-2027: Featuring Key Players Bioventus, Conmed, Depuy Synthes Products, Medtronic, Seikagaku & Others
DUBLIN, June 27, 2022 /PRNewswire/ -- The "Regenerative Medicines: Bone and Joint Applications" report has been added to's offering. Key Players Anika Therapeutics Inc. Arthrex Inc. Baxter International Inc. Bioventus Conmed Corp. Depuy Synthes Products Inc. (Part...
Jun 27, 2022
Medtronic Board appoints Lidia Fonseca as a new director
DUBLIN, June 27, 2022 /PRNewswire/ -- Medtronic plc (NYSE: MDT) today announced that its Board of Directors appointed Lidia Fonseca, Executive Vice President, Chief Digital and Technology Officer at Pfizer, to the Board as an independent director, effective June 27, 2022. Ms. Fonseca will...
Jun 20, 2022
Worldwide Surgical Imaging Industry to 2027 - Featuring Hologic, Koninklijke Philips and Medtronic Among Others
DUBLIN, June 20, 2022 /PRNewswire/ -- The "Surgical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to's offering. The global surgical imaging market reached a value of US$ 5.68 Billion in 2021....
Jun 10, 2022
Worldwide Pulse Oximeters Industry to 2027 - Featuring Masimo, Medtronic and Opto Circuits Among Others
_3xOCqDublin, June 10, 2022 (GLOBE NEWSWIRE) -- The "Pulse Oximeters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to's offering. The global pulse oximeters market reached a value of US$ 2.14 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 3.25 Billion by 2027, exhibiting a CAGR of 7.1% during 2022-2027.

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When was Medtronic founded?
Medtronic was founded in 1949.
Who are Medtronic key executives?
Medtronic's key executives are Geoffrey S. Martha, Noel Colón and Ivan Fong.
How many employees does Medtronic have?
Medtronic has 95,000 employees.
What is Medtronic revenue?
Latest Medtronic annual revenue is $31.69 b.
What is Medtronic revenue per employee?
Latest Medtronic revenue per employee is $333.54 k.
Who are Medtronic competitors?
Competitors of Medtronic include B. Braun, Otricath and Baxter International.
Where is Medtronic headquarters?
Medtronic headquarters is located at 20 Lower Hatch Street, Dublin.
Where are Medtronic offices?
Medtronic has offices in Dublin, Boulder, Columbia Heights, Doral and 76 other locations
How many offices does Medtronic have?
Medtronic has 82 offices.

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