KPIs & Operating Metrics(New)
Growth Metrics

Medtronic (MDT) Debt to Equity (2014 - 2026)

Medtronic recorded quarterly Debt to Equity of $0.57 in Q1 2026, down 4.2% quarter-over-quarter from $0.6 in Q4 2025, and up 6.4% year-over-year from $0.54 in Q1 2025.

Medtronic's Debt to Equity history runs 13 years deep, the most recent figure standing at $0.57 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 6.4% year-over-year to $0.57; the TTM figure through Jan 2026 stood at $0.57 (up 6.4% YoY), while the FY2025 annual figure was $0.59, up 19.06% from the prior year.
  • Debt to Equity came in at $0.57 for Q1 2026 at Medtronic, down from $0.6 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.6 in Q4 2025 to a low of $0.44 in Q3 2022.
  • A 5-year average of $0.52 and a median of $0.51 in 2022 frame the typical range for Debt to Equity.
  • Across the five-year window, Debt to Equity decreased 19.85% in 2022 and gained 19.74% in 2024, its largest moves.
  • Medtronic's Debt to Equity stood at $0.51 in 2022, then retreated by 5.03% to $0.49 in 2023, then climbed by 19.74% to $0.58 in 2024, then advanced by 2.44% to $0.6 in 2025, then retreated by 4.2% to $0.57 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.57, $0.6, and $0.59 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 0.65
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 0.64
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 0.57
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 0.42
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 0.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 0.95
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 0.27
10 Zimmer Biomet Holdings 16.17 Bn 15.75 Bn 1.51 Bn 0.59

Historic Data

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DateValue
Jan 23, 2026 0.57
Oct 24, 2025 0.60
Jul 25, 2025 0.59
Apr 25, 2025 0.59
Jan 24, 2025 0.54
Oct 25, 2024 0.58
Jul 26, 2024 0.58
Apr 26, 2024 0.50
Jan 26, 2024 0.48
Oct 27, 2023 0.49
Jul 28, 2023 0.49
Apr 28, 2023 0.47
Jan 27, 2023 0.55
Oct 28, 2022 0.51
Jul 29, 2022 0.44
Apr 29, 2022 0.46
Jan 28, 2022 0.48
Oct 29, 2021 0.49
Jul 30, 2021 0.50
Apr 30, 2021 0.51
Jan 29, 2021 0.60
Oct 30, 2020 0.60
Jul 31, 2020 0.57
Apr 24, 2020 0.49
Jan 24, 2020 0.49
Oct 25, 2019 0.51
Jul 26, 2019 0.52
Apr 26, 2019 0.50
Jan 25, 2019 0.50
Oct 26, 2018 0.50
Jul 27, 2018 0.50
Apr 27, 2018 0.51
Jan 26, 2018 0.57
Oct 27, 2017 0.56
Jul 28, 2017 0.67
Apr 28, 2017 0.66
Jan 27, 2017 0.65
Oct 28, 2016 0.64
Jul 29, 2016 -27.36
Apr 29, 2016 0.60
Jan 29, 2016 242.12
Oct 30, 2015 232.78
Jul 31, 2015 -303.92
Apr 24, 2015 0.68
Apr 25, 2014 0.61