| Medtronic is a medical technology, services and solutions company. Co.'s four operating and reportable segments are: Cardiac and Vascular Group, which is made up of the cardiac rhythm and heart failure, coronary and structural heart, and aortic, peripheral and venous divisions; Minimally Invasive Therapies Group, which is made up of the surgical innovations and respiratory, gastrointestinal, and renal divisions; Restorative Therapies Group, which is made up of the brain therapies, spine, specialty therapies, and pain therapies divisions; and Diabetes Group, which develops, manufactures, and markets products and services for the management of Type 1 and Type 2 diabetes. We show 24 historical shares outstanding datapoints in our MDT shares outstanding history coverage, used to compute MDT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MDT market cap history over the course of time is important for investors
interested in comparing MDT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MDT versus a peer is one thing; comparing
MDT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MDT can fluctuate over the course of history.
With this page we aim to empower investors researching MDT by allowing them to research the MDT market cap history.