Medtronic (MDT) Debt to Equity (2014 - 2026)
Medtronic's (MDT) quarterly Debt to Equity came in at $0.57 in Q1 2026, up 6.4% year-on-year from $0.54 in Q1 2025, and down 4.2% quarter-over-quarter from $0.6 in Q4 2025.
Medtronic (MDT) Debt to Equity (2014 - 2026) Analysis & Trends
Medtronic has disclosed Debt to Equity across 13 years of filings, most recently posting $0.57 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.57, up 6.4% year-over-year; the trailing twelve-month figure through Jan 2026 was $0.57 (up 6.4% YoY), and the FY2025 annual result 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.
- The 5-year median for Debt to Equity is $0.51 (2022), against an average of $0.52.
- Across the five-year window, Debt to Equity retreated 19.85% in 2022 and rose 19.74% in 2024, its largest moves.
- Medtronic's Debt to Equity stood at $0.51 in 2022, then fell by 5.03% to $0.49 in 2023, then advanced by 19.74% to $0.58 in 2024, then gained by 2.44% to $0.6 in 2025, then fell by 4.2% to $0.57 in 2026.
- The last three Debt to Equity figures came in at $0.57 (Q1 2026), $0.6 (Q4 2025), and $0.59 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 0.65 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.64 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.57 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 0.42 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 0.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.71 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.95 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.27 |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |