Medtronic (MDT) Capital Expenditures (2014 - 2026)
Medtronic's (MDT) quarterly Capital Expenditures came in at $503.0 million in Q3 2026, little changed year-over-year from $504.0 million in Q3 2025, and up 3.07% quarter-over-quarter from $488.0 million in Q2 2026.
Analysis
Medtronic (MDT) Capital Expenditures (2014 - 2026) Analysis & Trends
Medtronic has disclosed Capital Expenditures across 13 years of filings, most recently posting $503.0 million for Q3 2026.
- In Q3 2026, Capital Expenditures changed 0.2% year-over-year to $503.0 million; the TTM figure through Jul 2026 stood at $1.9 billion (up 3.26% YoY), while the FY2026 annual figure was $1.9 billion, up 2.42% from the prior year.
- Capital Expenditures came in at $503.0 million for Q3 2026 at Medtronic, up from $488.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $520.0 million in Q3 2024 to a low of $323.0 million in Q4 2022.
- Average Capital Expenditures over 5 years is $422.7 million, with a median of $426.0 million recorded in 2022.
- Year-over-year, Capital Expenditures declined 16.9% in 2023 and soared 46.89% in 2024.
- Over 5 years, Capital Expenditures stood at $323.0 million in 2022, then jumped by 42.72% to $461.0 million in 2023, then declined by 12.36% to $404.0 million in 2024, then gained by 15.84% to $468.0 million in 2025, then rose by 7.48% to $503.0 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $503.0 million in Q3 2026, $488.0 million in Q2 2026, and $444.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.48 Bn | 177.87 Bn | 7.27 Bn | 497.00 Mn |
| 2 | Intuitive Surgical | 124.18 Bn | 118.96 Bn | 1.96 Bn | 112.60 Mn |
| 3 | Medtronic | 118.17 Bn | 109.35 Bn | 6.34 Bn | 503.00 Mn |
| 4 | Stryker | 106.33 Bn | 102.85 Bn | 4.50 Bn | 202.00 Mn |
| 5 | Boston Scientific | 66.46 Bn | 65.93 Bn | 3.85 Bn | 195.00 Mn |
| 6 | Edwards Lifesciences | 49.59 Bn | 45.34 Bn | 1.35 Bn | 66.90 Mn |
| 7 | Alcon | 33.96 Bn | 32.51 Bn | 1.68 Bn | -96.00 Mn |
| 8 | Dexcom | 31.98 Bn | 30.03 Bn | 830.00 Mn | 84.70 Mn |
| 9 | Steris | 21.10 Bn | 20.62 Bn | 684.20 Mn | 87.50 Mn |
| 10 | Zimmer Biomet Holdings | 18.25 Bn | 17.84 Bn | 1.54 Bn | 54.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 503.00 Mn |
| Apr 24, 2026 | 488.00 Mn |
| Jan 23, 2026 | 444.00 Mn |
| Oct 24, 2025 | 468.00 Mn |
| Jul 25, 2025 | 504.00 Mn |
| Apr 25, 2025 | 459.00 Mn |
| Jan 24, 2025 | 476.00 Mn |
| Oct 25, 2024 | 404.00 Mn |
| Jul 26, 2024 | 520.00 Mn |
| Apr 26, 2024 | 426.00 Mn |
| Jan 26, 2024 | 346.00 Mn |
| Oct 27, 2023 | 461.00 Mn |
| Jul 28, 2023 | 354.00 Mn |
| Apr 28, 2023 | 378.00 Mn |
| Jan 27, 2023 | 332.00 Mn |
| Oct 28, 2022 | 323.00 Mn |
| Jul 29, 2022 | 426.00 Mn |
| Apr 29, 2022 | 389.00 Mn |
| Jan 28, 2022 | 330.00 Mn |
| Oct 29, 2021 | 271.00 Mn |