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MDT Medtronic Plc

NYSE, CIK 0001613103, fiscal year ends 04/30. Last price 95.41 on 2026-10-23, market value 122.0 billion dollars.

Machine-readable: MDT.json, MDT.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	63	ok	2026-04-24 stale: Revenue	2014–2026	2026-10-23	14 verified, 21 unverified	method
Magic Formula	39	ok	2025-04-25 stale: debt_short	—	2026-10-23	—	method
Momentum	57	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	ok	2026-10-23	—	—	—	method
Buffett Quality	50	ok	2025-04-25 stale: debt_short	2017–2026	2026-10-23	0 verified, 48 unverified	method
Lynch GARP	47	ok	2025-04-25 stale: debt_short	2021–2026	2026-10-23	0 verified, 6 unverified	method
Graham Enterprising	52	ok	2025-04-25 stale: debt_short	2021–2026	2026-10-23	0 verified, 12 unverified	method
Piotroski F-Score	89	ok	—	2025–2026	—	0 verified, 27 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	95.41	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	1,279,137,890	underlying shares	2026-08-28	SEC cover page 10-Q 0001628280-26-060473 (1,279,137,890 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1613103/000162828026060473/mdt-20260731.htm 0001628280-26-060473
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	122,042,546,085	USD	2026-10-23 shares at 2026-08-28	95.41 (price 2026-10-23) / 1 x 1,279,137,890 (shares at 2026-08-28) = 122,042,546,085

Graham Defensive

63 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	36.36 revenue $B	>= 1	5.0 / 5
2a Current ratio	2.07	>= 2.0	15.0 / 15
2b Long-term debt vs working capital	2.03 LTD / WC	<= 1.0	0.0 / 15
3 Positive earnings each of 10 years	10 of 10	10 of 10	15.0 / 15
4 Dividends every year for 20 years	20 of 20 XBRL check: 13 years agree, 7 unverified	20 of 20	15.0 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	2.59 -> 3.37 (+30%)	>= +33%	8.9 / 10
6 P/E on 3-year average EPS	28.3	<= 15	0.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 2.43, product 68.9	<= 1.5 or <= 22.5	3.8 / 10

Inputs, 37 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	95.41	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	36364000000.0	2026-04-24 stale	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
current_assets	24390000000.0	2026-07-31	SEC XBRL AssetsCurrent 0001628280-26-060473	unverified
current_liabilities	11799000000.0	2026-07-31	SEC XBRL LiabilitiesCurrent 0001628280-26-060473	unverified
lt_debt	25617000000.0	2026-07-31	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-060473	unverified
equity	50232000000.0	2026-07-31	SEC XBRL StockholdersEquity 0001628280-26-060473	unverified
Net income FY2016	4028000000.0	2017-04-28 history	SEC XBRL NetIncomeLoss 0001613103-19-000028	unverified
Net income FY2017	3104000000.0	2018-04-27 history	SEC XBRL NetIncomeLoss 0001613103-20-000021	unverified
Net income FY2018	4631000000.0	2019-04-26 history	SEC XBRL NetIncomeLoss 0001613103-21-000027	unverified
Net income FY2019	4789000000.0	2020-04-24 history	SEC XBRL NetIncomeLoss 0001613103-22-000023	unverified
Net income FY2020	3606000000.0	2021-04-30 history	SEC XBRL NetIncomeLoss 0001613103-23-000040	unverified
Net income FY2021	5039000000.0	2022-04-29 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-24-000072	unverified
Net income FY2022	3758000000.0	2023-04-28 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-25-000091	unverified
Net income FY2023	3676000000.0	2024-04-26 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Net income FY2024	4662000000.0	2025-04-25 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Net income FY2025	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Dividend years (Yahoo)	[2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	verified (partly: XBRL covers 13 of 20 years)
Dividends per share FY2013 (XBRL)	1.12	2014-04-25 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-16-000093	verified
Dividends per share FY2014 (XBRL)	1.22	2015-04-24 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-17-000018	verified
Dividends per share FY2015 (XBRL)	1.52	2016-04-29 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-18-000024	verified
Dividends per share FY2016 (XBRL)	1.72	2017-04-28 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-19-000028	verified
Dividends per share FY2017 (XBRL)	1.84	2018-04-27 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-20-000021	verified
Dividends per share FY2018 (XBRL)	2.0	2019-04-26 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-21-000027	verified
Dividends per share FY2019 (XBRL)	2.16	2020-04-24 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-22-000023	verified
Dividends per share FY2020 (XBRL)	2.32	2021-04-30 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-23-000040	verified
Dividends per share FY2021 (XBRL)	2.52	2022-04-29 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-24-000072	verified
Dividends per share FY2022 (XBRL)	2.72	2023-04-28 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001613103-25-000091	verified
Dividends per share FY2023 (XBRL)	2.76	2024-04-26 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001628280-26-044354	verified
Dividends per share FY2024 (XBRL)	2.8	2025-04-25 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001628280-26-044354	verified
Dividends per share FY2025 (XBRL)	2.84	2026-04-24 history	SEC XBRL CommonStockDividendsPerShareDeclared 0001628280-26-044354	verified
EPS diluted FY2014	2.41	2015-04-24 history	SEC XBRL EarningsPerShareDiluted 0001613103-17-000018	unverified
EPS diluted FY2015	2.48	2016-04-29 history	SEC XBRL EarningsPerShareDiluted 0001613103-18-000024	unverified
EPS diluted FY2016	2.89	2017-04-28 history	SEC XBRL EarningsPerShareDiluted 0001613103-19-000028	unverified
EPS diluted FY2023	2.76	2024-04-26 history	SEC XBRL EarningsPerShareDiluted 0001628280-26-044354	unverified
EPS diluted FY2024	3.61	2025-04-25 history	SEC XBRL EarningsPerShareDiluted 0001628280-26-044354	unverified
EPS diluted FY2025	3.73	2026-04-24 history	SEC XBRL EarningsPerShareDiluted 0001628280-26-044354	unverified
Shares outstanding	1279137890.0	2026-08-28	SEC cover page 10-Q 0001628280-26-060473 (1,279,137,890 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1613103/000162828026060473/mdt-20260731.htm 0001628280-26-060473	not cross-checked

Magic Formula

39 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (25,617,000,000) - cash	4.65 % (rank 91)
Return on capital (EBIT/(NWC+PPE)) net working capital 12,591,000,000 used as reported	33.82 % (rank 121)
Combined rank	212

Inputs, 12 numbers with their sources

Input	Value	Period	Source	Check
operating_income	6467000000.0	2026-04-24 history	SEC XBRL OperatingIncomeLoss 0001628280-26-044354	not cross-checked
operating_income_q	1764000000.0	2026-07-31	SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0001628280-26-060473	not cross-checked
operating_income_q	1445000000.0	2025-07-25 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0001628280-26-060473	not cross-checked
current_assets	24390000000.0	2026-07-31	SEC XBRL AssetsCurrent 0001628280-26-060473	not cross-checked
current_liabilities	11799000000.0	2026-07-31	SEC XBRL LiabilitiesCurrent 0001628280-26-060473	not cross-checked
cash	1691000000.0	2026-07-31	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001628280-26-060473	not cross-checked
ppe_net	7473000000.0	2026-07-31	SEC XBRL PropertyPlantAndEquipmentNet 0001628280-26-060473	not cross-checked
debt_incl_current	25617000000.0	2026-07-31	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-060473	not cross-checked
debt_short	0.0	2025-04-25 stale	SEC XBRL CommercialPaper 0001613103-25-000091	not cross-checked
shares_out	1279137890.0	2026-08-28	SEC cover page 10-Q 0001628280-26-060473 (1,279,137,890 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1613103/000162828026060473/mdt-20260731.htm 0001628280-26-060473	not cross-checked
Price (close)	95.41	2026-10-23	Yahoo Finance / Alpaca Market Data	not cross-checked
note	debt = LongTermDebt (incl. current maturities) + short-term borrowings			not cross-checked

Momentum

57 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	-2.7 % (percentile 36.3)	18.1 / 50
6 month return	15.8 % (percentile 74.0)	14.8 / 20
Price / 52-week high	0.936	14.0 / 15
Volatility penalty (60d annualised)	24.0 %	9.7 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	95.41	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.01 bp	-0.5 / 0

Inputs, 3 numbers with their sources

Input	Value	Period	Source	Check
Form 4 S KIIL HARRY SKIP 2026-09-16	138882.95	2026-09-16	SEC Form 4 (insider transactions data set)	not cross-checked
excluded 2026-10-15 S	10b5-1 plan		rule	not cross-checked
excluded 2026-10-15 S	10b5-1 plan		rule	not cross-checked

Buffett Quality

50 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	8.7% over 8 yrs	>= 15%	2.4 / 25
2 Profitable every year	10 of 10	all years	15.0 / 15
3 Net income growth, 3-yr average now vs start of window	+1.6% a year	>= +10%	1.6 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings	5.8 years	<= 4	8.1 / 15
5 Operating margin, 5-yr average	17.4%	>= 20%	7.9 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	1.20	>= 1.0	10.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	4.3%	>= 7%	4.9 / 15

Inputs, 50 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	95.41	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2018	4631000000.0	2019-04-26 history	SEC XBRL NetIncomeLoss 0001613103-21-000027	unverified
Equity at FY2018 end	50091000000.0	2019-04-26 history	SEC XBRL StockholdersEquity 0001613103-20-000021	unverified
Net income FY2019	4789000000.0	2020-04-24 history	SEC XBRL NetIncomeLoss 0001613103-22-000023	unverified
Equity at FY2019 end	50737000000.0	2020-04-24 history	SEC XBRL StockholdersEquity 0001613103-21-000027	unverified
Net income FY2020	3606000000.0	2021-04-30 history	SEC XBRL NetIncomeLoss 0001613103-23-000040	unverified
Equity at FY2020 end	51428000000.0	2021-04-30 history	SEC XBRL StockholdersEquity 0001613103-22-000023	unverified
Net income FY2021	5039000000.0	2022-04-29 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-24-000072	unverified
Equity at FY2021 end	52551000000.0	2022-04-29 history	SEC XBRL StockholdersEquity 0001613103-23-000040	unverified
Net income FY2022	3758000000.0	2023-04-28 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-25-000091	unverified
Equity at FY2022 end	51483000000.0	2023-04-28 history	SEC XBRL StockholdersEquity 0001613103-24-000072	unverified
Net income FY2023	3676000000.0	2024-04-26 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Equity at FY2023 end	50214000000.0	2024-04-26 history	SEC XBRL StockholdersEquity 0001613103-25-000091	unverified
Net income FY2024	4662000000.0	2025-04-25 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Equity at FY2024 end	48024000000.0	2025-04-25 history	SEC XBRL StockholdersEquity 0001628280-26-044354	unverified
Net income FY2025	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Equity at FY2025 end	49463000000.0	2026-04-24 history	SEC XBRL StockholdersEquity 0001628280-26-060473	unverified
Net income FY2016	4028000000.0	2017-04-28 history	SEC XBRL NetIncomeLoss 0001613103-19-000028	unverified
Net income FY2017	3104000000.0	2018-04-27 history	SEC XBRL NetIncomeLoss 0001613103-20-000021	unverified
Net income FY2018	4631000000.0	2019-04-26 history	SEC XBRL NetIncomeLoss 0001613103-21-000027	unverified
Net income FY2019	4789000000.0	2020-04-24 history	SEC XBRL NetIncomeLoss 0001613103-22-000023	unverified
Net income FY2020	3606000000.0	2021-04-30 history	SEC XBRL NetIncomeLoss 0001613103-23-000040	unverified
Net income FY2021	5039000000.0	2022-04-29 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-24-000072	unverified
Net income FY2022	3758000000.0	2023-04-28 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-25-000091	unverified
Net income FY2023	3676000000.0	2024-04-26 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Net income FY2024	4662000000.0	2025-04-25 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Net income FY2025	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
debt_incl_current	25617000000.0	2026-07-31	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-060473	unverified
debt_short	0.0	2025-04-25 stale	SEC XBRL CommercialPaper 0001613103-25-000091	unverified
Operating income FY2021	5752000000.0	2022-04-29 history	SEC XBRL OperatingIncomeLoss 0001613103-24-000072	unverified
Revenue FY2021	31686000000.0	2022-04-29 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001613103-24-000072	unverified
Operating income FY2022	5485000000.0	2023-04-28 history	SEC XBRL OperatingIncomeLoss 0001613103-25-000091	unverified
Revenue FY2022	31227000000.0	2023-04-28 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001613103-25-000091	unverified
Operating income FY2023	5144000000.0	2024-04-26 history	SEC XBRL OperatingIncomeLoss 0001628280-26-044354	unverified
Revenue FY2023	32364000000.0	2024-04-26 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
Operating income FY2024	5955000000.0	2025-04-25 history	SEC XBRL OperatingIncomeLoss 0001628280-26-044354	unverified
Revenue FY2024	33537000000.0	2025-04-25 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
Operating income FY2025	6467000000.0	2026-04-24 history	SEC XBRL OperatingIncomeLoss 0001628280-26-044354	unverified
Revenue FY2025	36364000000.0	2026-04-24 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
Operating cash flow FY2021	7346000000.0	2022-04-29 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001613103-24-000072	unverified
Capital expenditure FY2021	1368000000.0	2022-04-29 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001613103-24-000072	unverified
Operating cash flow FY2022	6039000000.0	2023-04-28 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001613103-25-000091	unverified
Capital expenditure FY2022	1459000000.0	2023-04-28 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001613103-25-000091	unverified
Operating cash flow FY2023	6787000000.0	2024-04-26 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-044354	unverified
Capital expenditure FY2023	1587000000.0	2024-04-26 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-26-044354	unverified
Operating cash flow FY2024	7044000000.0	2025-04-25 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-044354	unverified
Capital expenditure FY2024	1859000000.0	2025-04-25 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-26-044354	unverified
Operating cash flow FY2025	7330000000.0	2026-04-24 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-044354	unverified
Capital expenditure FY2025	1904000000.0	2026-04-24 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-26-044354	unverified
Shares outstanding	1279137890.0	2026-08-28	SEC cover page 10-Q 0001628280-26-060473 (1,279,137,890 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1613103/000162828026060473/mdt-20260731.htm 0001628280-26-060473	not cross-checked

Lynch GARP

47 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points)	3.66	<= 1.0	0.0 / 30
2 EPS growth, 5-yr compound rate	+7.0% a year	12% to 35% a year	11.7 / 20
3 P/E on latest annual EPS	25.6	<= 25	9.6 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings	0.51	<= 0.5	14.9 / 15
5 Years of the last 5 in which EPS rose	3 of 5	5 of 5	9.0 / 15
6 Net cash (cash minus borrowings) / market cap	-19.6%	>= +10%	1.5 / 10

Inputs, 7 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	95.41	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	3.73	2026-04-24 history	SEC XBRL EarningsPerShareDiluted 0001628280-26-044354	unverified
EPS diluted FY2020	2.66	2021-04-30 history	SEC XBRL EarningsPerShareDiluted 0001613103-23-000040	unverified
debt_incl_current	25617000000.0	2026-07-31	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-060473	unverified
debt_short	0.0	2025-04-25 stale	SEC XBRL CommercialPaper 0001613103-25-000091	unverified
equity	50232000000.0	2026-07-31	SEC XBRL StockholdersEquity 0001628280-26-060473	unverified
cash	1691000000.0	2026-07-31	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001628280-26-060473	unverified

Graham Enterprising

52 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	2.07	>= 1.5	15.0 / 15
2 Borrowings vs working capital LongTermDebt (incl. current maturities) + short-term borrowings	2.03 x	<= 1.1x	2.3 / 15
3 No earnings deficit in the last 5 years	5 of 5 profitable	5 of 5	15.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier	2.66 -> 3.73	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	2.43	<= 1.2	0.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 15 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	95.41	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	24390000000.0	2026-07-31	SEC XBRL AssetsCurrent 0001628280-26-060473	unverified
current_liabilities	11799000000.0	2026-07-31	SEC XBRL LiabilitiesCurrent 0001628280-26-060473	unverified
debt_incl_current	25617000000.0	2026-07-31	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-060473	unverified
debt_short	0.0	2025-04-25 stale	SEC XBRL CommercialPaper 0001613103-25-000091	unverified
Net income FY2021	5039000000.0	2022-04-29 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-24-000072	unverified
Net income FY2022	3758000000.0	2023-04-28 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001613103-25-000091	unverified
Net income FY2023	3676000000.0	2024-04-26 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Net income FY2024	4662000000.0	2025-04-25 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Net income FY2025	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
Dividend years (Yahoo)	[2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	3.73	2026-04-24 history	SEC XBRL EarningsPerShareDiluted 0001628280-26-044354	unverified
EPS diluted FY2020	2.66	2021-04-30 history	SEC XBRL EarningsPerShareDiluted 0001613103-23-000040	unverified
equity	50232000000.0	2026-07-31	SEC XBRL StockholdersEquity 0001628280-26-060473	unverified
Shares outstanding	1279137890.0	2026-08-28	SEC cover page 10-Q 0001628280-26-060473 (1,279,137,890 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1613103/000162828026060473/mdt-20260731.htm 0001628280-26-060473	not cross-checked

Piotroski F-Score

89 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	5.2%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	7,330M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	5.1% -> 5.2%	pass = 1	11.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	7,330M vs 4,801M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell	28.0% -> 28.1%	pass = 1	0.0 / 11.11111111111111
6 Current ratio improved	1.85 -> 2.13	pass = 1	11.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise)	1,283M -> 1,279M	pass = 1	11.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	17.8% -> 17.8%	pass = 1	11.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.37 -> 0.39	pass = 1	11.11111111111111 / 11.11111111111111

Inputs, 27 numbers with their sources

Input	Value	Period	Source	Check
net_income 2026-04-24	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
total_assets 2026-04-24	93028000000.0	2026-04-24 history	SEC XBRL Assets 0001628280-26-060473	unverified
cfo 2026-04-24	7330000000.0	2026-04-24 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-044354	unverified
net_income 2026-04-24	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
net_income 2025-04-25	4662000000.0	2025-04-25 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
total_assets 2026-04-24	93028000000.0	2026-04-24 history	SEC XBRL Assets 0001628280-26-060473	unverified
total_assets 2025-04-25	91680000000.0	2025-04-25 history	SEC XBRL Assets 0001628280-26-044354	unverified
cfo 2026-04-24	7330000000.0	2026-04-24 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-26-044354	unverified
net_income 2026-04-24	4801000000.0	2026-04-24 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001613103-26-000010) 0001628280-26-044354	unverified
lt_debt 2026-04-24	26173000000.0	2026-04-24 history	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-060473	unverified
lt_debt 2025-04-25	25642000000.0	2025-04-25 history	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0001628280-26-044354	unverified
total_assets 2026-04-24	93028000000.0	2026-04-24 history	SEC XBRL Assets 0001628280-26-060473	unverified
total_assets 2025-04-25	91680000000.0	2025-04-25 history	SEC XBRL Assets 0001628280-26-044354	unverified
current_assets 2026-04-24	24787000000.0	2026-04-24 history	SEC XBRL AssetsCurrent 0001628280-26-060473	unverified
current_assets 2025-04-25	23814000000.0	2025-04-25 history	SEC XBRL AssetsCurrent 0001628280-26-044354	unverified
current_liabilities 2026-04-24	11658000000.0	2026-04-24 history	SEC XBRL LiabilitiesCurrent 0001628280-26-060473	unverified
current_liabilities 2025-04-25	12879000000.0	2025-04-25 history	SEC XBRL LiabilitiesCurrent 0001628280-26-044354	unverified
shares_out 2026-08-28	1279137890.0	2026-08-28 history	SEC XBRL EntityCommonStockSharesOutstanding 0001628280-26-060473	unverified
shares_out 2025-08-20	1282685882.0	2025-08-20 history	SEC XBRL EntityCommonStockSharesOutstanding 0001613103-25-000161	unverified
operating_income 2026-04-24	6467000000.0	2026-04-24 history	SEC XBRL OperatingIncomeLoss 0001628280-26-044354	unverified
operating_income 2025-04-25	5955000000.0	2025-04-25 history	SEC XBRL OperatingIncomeLoss 0001628280-26-044354	unverified
revenue 2026-04-24	36364000000.0	2026-04-24 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
revenue 2025-04-25	33537000000.0	2025-04-25 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
revenue 2026-04-24	36364000000.0	2026-04-24 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
revenue 2025-04-25	33537000000.0	2025-04-25 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-26-044354	unverified
total_assets 2026-04-24	93028000000.0	2026-04-24 history	SEC XBRL Assets 0001628280-26-060473	unverified
total_assets 2025-04-25	91680000000.0	2025-04-25 history	SEC XBRL Assets 0001628280-26-044354	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2014	2014-04-25	17,005	3,065	3.02	paid	0001613103-16-000093
2015	2015-04-24	20,261	2,675	2.41	paid	0001613103-17-000018
2016	2016-04-29	28,833	3,538	2.48	paid	0001613103-18-000024
2017	2017-04-28	29,710	4,028	2.89	paid	0001613103-19-000028
2018	2018-04-27	29,953	3,104	2.27	paid	0001613103-20-000021
2019	2019-04-26	30,557	4,631	3.41	paid	0001613103-21-000027
2020	2020-04-24	28,913	4,789	3.54	paid	0001613103-22-000023
2021	2021-04-30	30,117	3,606	2.66	paid	0001613103-23-000040
2022	2022-04-29	31,686	5,039	3.73	paid	0001613103-24-000072
2023	2023-04-28	31,227	3,758	2.82	paid	0001613103-25-000091
2024	2024-04-26	32,364	3,676	2.76	paid	0001628280-26-044354
2025	2025-04-25	33,537	4,662	3.61	paid	0001628280-26-044354
2026	2026-04-24	36,364	4,801	3.73	paid	0001628280-26-044354

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-10-15	Marinaro Michael	officer	sale plan	10,420	96.00	1,000,320
2026-10-15	Martha Geoffrey	CEO	sale plan	50,000	95.00	4,750,000
2026-09-16	Kiil Harry Skip	Pres	sale	1,483	93.65	138,883
2026-07-08	Walter Matthew R.	officer	sale plan	3,102	83.15	257,931
2026-06-08	Kiil Harry Skip	Pres	sale	3,961	80.44	318,623
2026-06-08	Kiil Harry Skip	Pres	sale	228	80.45	18,343

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/MDT; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.