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Side-by-side financial comparison of AUTONATION, INC. (AN) and Medtronic (MDT). Click either name above to swap in a different company.

Medtronic is the larger business by last-quarter revenue ($9.0B vs $6.6B, roughly 1.4× AUTONATION, INC.). Medtronic runs the higher net margin — 12.8% vs 3.1%, a 9.6% gap on every dollar of revenue. On growth, Medtronic posted the faster year-over-year revenue change (8.7% vs -2.0%). Over the past eight quarters, Medtronic's revenue compounded faster (2.5% CAGR vs 0.6%).

AutoNation, Inc. is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets.

Medtronic plc is an Irish medical device company. The company's legal and executive headquarters are in Ireland, while its operational headquarters are in Minneapolis, Minnesota. Medtronic rebased to Ireland following its acquisition of Irish-based Covidien in 2015. While it primarily operates in the United States, it operates in more than 150 countries and employs over 90,000 people. It develops and manufactures healthcare technologies and therapies.

AN vs MDT — Head-to-Head

Bigger by revenue
MDT
MDT
1.4× larger
MDT
$9.0B
$6.6B
AN
Growing faster (revenue YoY)
MDT
MDT
+10.7% gap
MDT
8.7%
-2.0%
AN
Higher net margin
MDT
MDT
9.6% more per $
MDT
12.8%
3.1%
AN
Faster 2-yr revenue CAGR
MDT
MDT
Annualised
MDT
2.5%
0.6%
AN

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
AN
AN
MDT
MDT
Revenue
$6.6B
$9.0B
Net Profit
$205.4M
$1.1B
Gross Margin
18.5%
Operating Margin
4.8%
16.2%
Net Margin
3.1%
12.8%
Revenue YoY
-2.0%
8.7%
Net Profit YoY
17.0%
-11.7%
EPS (diluted)
$5.85
$0.89

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AN
AN
MDT
MDT
Q1 26
$6.6B
$9.0B
Q4 25
$6.9B
$9.0B
Q3 25
$7.0B
$8.6B
Q2 25
$7.0B
$8.9B
Q1 25
$6.7B
$8.3B
Q4 24
$7.2B
$8.4B
Q3 24
$6.6B
$7.9B
Q2 24
$6.5B
$8.6B
Net Profit
AN
AN
MDT
MDT
Q1 26
$205.4M
$1.1B
Q4 25
$172.1M
$1.4B
Q3 25
$215.1M
$1.0B
Q2 25
$86.4M
$1.1B
Q1 25
$175.5M
$1.3B
Q4 24
$186.1M
$1.3B
Q3 24
$185.8M
$1.0B
Q2 24
$130.2M
$654.0M
Gross Margin
AN
AN
MDT
MDT
Q1 26
18.5%
Q4 25
17.5%
65.8%
Q3 25
17.6%
65.0%
Q2 25
18.3%
64.8%
Q1 25
18.2%
66.5%
Q4 24
17.2%
64.9%
Q3 24
18.0%
65.1%
Q2 24
17.9%
64.5%
Operating Margin
AN
AN
MDT
MDT
Q1 26
4.8%
16.2%
Q4 25
4.5%
18.8%
Q3 25
5.3%
16.8%
Q2 25
3.1%
16.1%
Q1 25
5.0%
19.9%
Q4 24
4.7%
19.0%
Q3 24
5.3%
16.1%
Q2 24
4.2%
12.3%
Net Margin
AN
AN
MDT
MDT
Q1 26
3.1%
12.8%
Q4 25
2.5%
15.3%
Q3 25
3.1%
12.1%
Q2 25
1.2%
11.8%
Q1 25
2.6%
15.6%
Q4 24
2.6%
15.1%
Q3 24
2.8%
13.2%
Q2 24
2.0%
7.6%
EPS (diluted)
AN
AN
MDT
MDT
Q1 26
$5.85
$0.89
Q4 25
$4.68
$1.07
Q3 25
$5.65
$0.81
Q2 25
$2.26
$0.81
Q1 25
$4.45
$1.01
Q4 24
$4.62
$0.99
Q3 24
$4.61
$0.80
Q2 24
$3.20
$0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AN
AN
MDT
MDT
Cash + ST InvestmentsLiquidity on hand
$65.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
Total Assets
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AN
AN
MDT
MDT
Q1 26
$65.5M
Q4 25
$58.6M
$8.3B
Q3 25
$97.6M
$8.1B
Q2 25
$62.9M
$9.0B
Q1 25
$70.5M
$7.9B
Q4 24
$59.8M
$8.0B
Q3 24
$60.2M
$7.8B
Q2 24
$85.9M
$8.0B
Total Debt
AN
AN
MDT
MDT
Q1 26
Q4 25
$3.7B
$27.7B
Q3 25
$26.2B
Q2 25
$25.6B
Q1 25
$3.1B
$24.0B
Q4 24
$2.6B
$24.6B
Q3 24
$3.1B
$26.3B
Q2 24
$3.1B
$23.9B
Stockholders' Equity
AN
AN
MDT
MDT
Q1 26
$2.2B
Q4 25
$2.3B
$48.7B
Q3 25
$2.5B
$47.9B
Q2 25
$2.5B
$48.0B
Q1 25
$2.4B
$49.4B
Q4 24
$2.5B
$48.5B
Q3 24
$2.4B
$47.9B
Q2 24
$2.2B
$50.2B
Total Assets
AN
AN
MDT
MDT
Q1 26
Q4 25
$14.4B
$91.3B
Q3 25
$14.2B
$91.0B
Q2 25
$13.6B
$91.7B
Q1 25
$13.3B
$90.0B
Q4 24
$13.0B
$90.0B
Q3 24
$12.9B
$89.7B
Q2 24
$12.8B
$90.0B
Debt / Equity
AN
AN
MDT
MDT
Q1 26
Q4 25
1.58×
0.57×
Q3 25
0.55×
Q2 25
0.53×
Q1 25
1.29×
0.49×
Q4 24
1.06×
0.51×
Q3 24
1.32×
0.55×
Q2 24
1.43×
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AN
AN
MDT
MDT
Operating Cash FlowLast quarter
$4.8B
Free Cash FlowOCF − Capex
$3.3B
FCF MarginFCF / Revenue
37.1%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
4.14×
TTM Free Cash FlowTrailing 4 quarters
$6.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AN
AN
MDT
MDT
Q1 26
$4.8B
Q4 25
$150.5M
$925.0M
Q3 25
$191.7M
$1.1B
Q2 25
$-177.8M
$2.5B
Q1 25
$-52.5M
$2.6B
Q4 24
$149.8M
$958.0M
Q3 24
$-70.0M
$986.0M
Q2 24
$-59.6M
$2.8B
Free Cash Flow
AN
AN
MDT
MDT
Q1 26
$3.3B
Q4 25
$64.2M
$457.0M
Q3 25
$122.8M
$584.0M
Q2 25
$-256.8M
$2.1B
Q1 25
$-127.7M
$2.1B
Q4 24
$83.5M
$554.0M
Q3 24
$-151.0M
$466.0M
Q2 24
$-147.1M
$2.4B
FCF Margin
AN
AN
MDT
MDT
Q1 26
37.1%
Q4 25
0.9%
5.1%
Q3 25
1.7%
6.8%
Q2 25
-3.7%
23.2%
Q1 25
-1.9%
25.3%
Q4 24
1.2%
6.6%
Q3 24
-2.3%
5.9%
Q2 24
-2.3%
27.4%
Capex Intensity
AN
AN
MDT
MDT
Q1 26
0.9%
Q4 25
1.2%
5.2%
Q3 25
1.0%
5.9%
Q2 25
1.1%
5.1%
Q1 25
1.1%
5.7%
Q4 24
0.9%
4.8%
Q3 24
1.2%
6.6%
Q2 24
1.4%
5.0%
Cash Conversion
AN
AN
MDT
MDT
Q1 26
4.14×
Q4 25
0.87×
0.67×
Q3 25
0.89×
1.05×
Q2 25
-2.06×
2.39×
Q1 25
-0.30×
1.99×
Q4 24
0.80×
0.75×
Q3 24
-0.38×
0.95×
Q2 24
-0.46×
4.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AN
AN

New vehicle$3.0B46%
Retail used vehicle$1.8B28%
Parts and service$1.2B19%
Finance and insurance, net$352.0M5%
Wholesale$144.2M2%

MDT
MDT

Cardiovascular Portfolio$3.5B38%
Neuroscience Portfolio$2.6B28%
Medical Surgical Portfolio$2.2B24%
Diabetes business$796.0M9%

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