MedtronicXSWX:MDT +1.21%21 OCF Margin % is 26.24% as of Apr. 2026, which is 25% above its 10-year median of 20.99. GuruFocus rates XSWX:MDT with a GF Score™ of 21/100 and a GF Value™ of CHF80.97 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 815 Medical Devices & Instruments companies, Medtronic ranks better than 79.02% on this metric.
The historical rank and industry rank for Medtronic's OCF Margin % or its related term are showing as below:
XSWX:MDT'
s OCF Margin % Range Over the Past 10 Years
Min: 15.64 Med: 20.99 Max: 25.02
Current: 20.11
During the past 13 years, the highest OCF Margin % of Medtronic was 25.02%. The lowest was 15.64%. And the median was 20.99%.
XSWX:MDT's OCF Margin % is ranked better than 79.02% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: 5.86
vs XSWX:MDT: 20.11
Medtronic OCF Margin % Related Terms
Medtronic OCF Margin % Historical Data
* Premium members only.
The historical data trend for Medtronic's OCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, Medtronic's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Medtronic OCF Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's OCF Margin % distribution charts can be found below:
* The bar in red indicates where Medtronic's OCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Medtronic (XSWX:MDT) has a OCF Margin % of 26.24% as of Apr. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Medtronic and its competitors. This is 25% above median its historical median of 20.99. Over the past decade, Medtronic's OCF Margin % has ranged from 15.64 to 25.02. According to the industry distribution chart, Medtronic ranks #171 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 21%.
Is Medtronic's OCF Margin % too high?
Medtronic's current OCF Margin % of 26.24% is 25% above median its 10-year median of 20.99. Over the past 10 years, this metric has ranged from a low of 15.64 to a high of 25.02. The Medical Devices & Instruments industry median OCF Margin % is 5.86. Medtronic's value of 26.24% is 347.8% above this industry median. Based on the distribution chart, Medtronic ranks #171 out of 815 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Medtronic has a GF Score™ of 21/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medtronic's OCF Margin % compare to SYK and BSX?
According to the Medical Devices & Instruments industry distribution chart, Medtronic ranks #171 out of 815 companies for OCF Margin %. This places Medtronic in the top 21% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.86. Medtronic's value of 26.24% is 347.8% above this benchmark. Historically, Medtronic's own OCF Margin % has ranged from 15.64 to 25.02 over the past decade. While the company's 10-year median is 20.99 vs. the industry median of 5.86, Medtronic has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Medical Devices & Instruments company?
The median OCF Margin % among Medical Devices & Instruments companies is 5.86, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medtronic's current OCF Margin % of 26.24% is 347.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Medtronic and its competitors. For the Medical Devices & Instruments industry, the median OCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medtronic's current OCF Margin % is 26.24%, which is 25% above median its own 10-year median of 20.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medtronic stock overvalued right now?
Based on GuruFocus' analysis, Medtronic (XSWX:MDT) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF80.97, compared to a current price of CHF65.29 — trading 19.4% below its estimated fair value. The current OCF Margin % is 26.24%, which is 25% above median its 10-year median of 20.99 and 347.8% above the Medical Devices & Instruments industry median of 5.86. Medtronic's overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Medtronic (XSWX:MDT), the current OCF Margin % is 26.24% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Medtronic (XSWX:MDT) Overvalued in 2026?
Based on GuruFocus' analysis, Medtronic stock appears to be undervalued.
The current stock price of CHF65.29 is trading 19.4% below its estimated GF Value™ of CHF80.97.
GuruFocus considers Medtronic to be Modestly Undervalued.
Key valuation signals for XSWX:MDT:
OCF Margin %: 26.24% (25% above median its 10-year median of 20.99)
GF Value™: CHF80.97 vs. price of CHF65.29 (19.4% below fair value)
Industry Position: 347.8% above the Medical Devices & Instruments median (#171 of 815)
No single metric tells the full story. See the XSWX:MDT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, transcatheter heart valves, stents, spinal fixation devices, neurovascular products, advanced energy, ablation laser therapy, and surgical tools. The company primarily markets its products to healthcare institutions and physicians in the United States, Western Europe, and Japan. Foreign sales account for roughly 50% of the company's total sales.
21GF Score
Get the complete analysis for XSWX:MDT
OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:MDT has been successfully added to your 
