Medtronic (MDT) Capital Expenditures (2014 - 2026)
Medtronic (MDT) posted Capital Expenditures of $488.0 million for Q2 2026, up 9.91% sequentially from $444.0 million in Q1 2026, and up 6.32% YoY from $459.0 million in Q2 2025.
Medtronic (MDT) Capital Expenditures (2014 - 2026) Analysis & Trends
Medtronic has reported Capital Expenditures for 13 years, with the latest figure at $488.0 million in Q2 2026.
- Quarterly Capital Expenditures rose 6.32% year-over-year to $488.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $1.9 billion (up 2.42% YoY) and the FY2026 annual result came in at $1.9 billion, up 2.42% from the prior year.
- Capital Expenditures climbed to $488.0 million in Q2 2026 per MDT's latest filing, from $444.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $520.0 million in Q3 2024 and troughed at $323.0 million in Q4 2022.
- A 5-year average of $418.2 million and a median of $426.0 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2024: Capital Expenditures fell 16.9% in 2023, then jumped 46.89% in 2024.
- Over 5 years, Capital Expenditures stood at $323.0 million in 2022, then soared by 42.72% to $461.0 million in 2023, then retreated by 12.36% to $404.0 million in 2024, then climbed by 15.84% to $468.0 million in 2025, then gained by 4.27% to $488.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $488.0 million, $444.0 million, and $468.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 497.00 Mn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 202.00 Mn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 488.00 Mn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 195.00 Mn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 66.90 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 84.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 100.00 Mn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -74.39 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 87.50 Mn |
| 10 | Zimmer Biomet Holdings | 19.36 Bn | 18.95 Bn | 1.54 Bn | 54.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 488.00 Mn |
| Apr 24, 2026 | 488.00 Mn |
| Jan 23, 2026 | 444.00 Mn |
| Jan 23, 2026 | 444.00 Mn |
| Oct 24, 2025 | 468.00 Mn |
| Oct 24, 2025 | 468.00 Mn |
| Jul 25, 2025 | 504.00 Mn |
| Jul 25, 2025 | 504.00 Mn |
| Apr 25, 2025 | 459.00 Mn |
| Apr 25, 2025 | 459.00 Mn |
| Jan 24, 2025 | 476.00 Mn |
| Jan 24, 2025 | 476.00 Mn |
| Oct 25, 2024 | 404.00 Mn |
| Oct 25, 2024 | 404.00 Mn |
| Jul 26, 2024 | 520.00 Mn |
| Jul 26, 2024 | 520.00 Mn |
| Apr 26, 2024 | 426.00 Mn |
| Apr 26, 2024 | 426.00 Mn |
| Jan 26, 2024 | 346.00 Mn |
| Jan 26, 2024 | 346.00 Mn |