Medtronic (MDT) Current Taxes (2014 - 2026)
Medtronic's Current Taxes was $1.06 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 13.2% from $933 million a year earlier and up 15.5% from the prior quarter.
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Analysis
Medtronic (MDT) Current Taxes (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Current Taxes at Medtronic came in at $914 million, down 32.7% from FY2025.
- Current Taxes shows a five-year compound annual growth rate of 16.0% (FY2021 to FY2026).
- In earlier fiscal years, Current Taxes was $1.36 billion in FY2025 (+2.1%), $1.33 billion in FY2024 (+58.3%), $840 million in FY2023 (+19.3%) and $704 million in FY2022 (+61.8%).
- The fiscal Q1 2027 figure marks the highest quarterly Current Taxes since fiscal Q4 2025.
- Compared with a year earlier, Current Taxes was higher in three of the last eight quarters, with an average decline of 14.3%.
- The best year-over-year quarter for Current Taxes over five years was fiscal Q1 2024 (growth of 84.5%); the worst was fiscal Q3 2026 (a decline of 42.2%).
- Per Business Quant data, MDT's Current Taxes in the three fiscal quarters before Q1 2027 was $914 million (Q4 2026), $650 million (Q3 2026) and $650 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 411.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.06 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 224.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | - |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | - |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.06 Bn |
| Apr 24, 2026 | 914.00 Mn |
| Jan 23, 2026 | 650.00 Mn |
| Oct 24, 2025 | 650.00 Mn |
| Jul 25, 2025 | 933.00 Mn |
| Apr 25, 2025 | 1.36 Bn |
| Jan 24, 2025 | 1.13 Bn |
| Oct 25, 2024 | 947.00 Mn |
| Jul 26, 2024 | 1.06 Bn |
| Apr 26, 2024 | 1.33 Bn |
| Jan 26, 2024 | 1.11 Bn |
| Oct 27, 2023 | 1.09 Bn |
| Jul 28, 2023 | 1.01 Bn |
| Apr 28, 2023 | 840.00 Mn |
| Jan 27, 2023 | 657.00 Mn |
| Oct 28, 2022 | 651.00 Mn |
| Jul 29, 2022 | 549.00 Mn |
| Apr 29, 2022 | 704.00 Mn |
| Jan 28, 2022 | 383.00 Mn |
| Oct 29, 2021 | 467.00 Mn |
API Access
Medtronic Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();