Medtronic (MDT) Depreciation and Depletion (2024 - 2026)
Medtronic (MDT) posted Depreciation and Depletion of $317 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 9.7% from $289 million a year earlier but down 1.6% from the prior quarter.
Medtronic (MDT) Depreciation and Depletion (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Depreciation and Depletion at Medtronic was $1.23 billion, up 7.7% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at $1.2 billion, up 9.1% from FY2025.
- Annual Depreciation and Depletion shows a five-year compound annual growth rate of 5.5% (FY2021 to FY2026).
- In prior fiscal years, Medtronic's Depreciation and Depletion was $1.1 billion in FY2025 (+15.3%), $954 million in FY2024 (-4.5%), $999 million in FY2023 (+2.6%) and $974 million in FY2022 (+6.0%).
- Quarterly Depreciation and Depletion has run from a low of $248 million in fiscal Q1 2025 to a high of $322 million in fiscal Q4 2026 over five years.
- On a year-over-year basis, Depreciation and Depletion increased in four of the last five quarters, with growth averaging 9.8%.
- According to Business Quant data, Depreciation and Depletion for the three prior fiscal quarters was $322 million (Q4 2026), $308 million (Q3 2026) and $282 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 331.00 Mn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 402.00 Mn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 196.00 Mn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 317.00 Mn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 121.00 Mn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 122.00 Mn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | - |
| 10 | Agilent Technologies | 47.29 Bn | 40.18 Bn | 1.04 Bn | 24.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 317.00 Mn |
| Apr 24, 2026 | 322.00 Mn |
| Jan 23, 2026 | 308.00 Mn |
| Oct 24, 2025 | 282.00 Mn |
| Jul 25, 2025 | 289.00 Mn |
| Apr 25, 2025 | 322.00 Mn |
| Jan 24, 2025 | 268.00 Mn |
| Oct 25, 2024 | 262.00 Mn |
| Jul 26, 2024 | 248.00 Mn |
Medtronic Depreciation and Depletion 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=depreciation-and-depletion&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();