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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Medtronic (MDT) Interest Coverage Ratio (2016 - 2026)

Medtronic's Interest Coverage Ratio history spans 12 years, with the latest figure at 8.09 for Q1 2026.

  • For Q1 2026, Interest Coverage Ratio fell 12.04% year-over-year to 8.09; the TTM value through Jan 2026 reached 8.47, up 15.08%, while the annual FY2025 figure was 8.17, 14.18% up from the prior year.
  • Interest Coverage Ratio for Q1 2026 was 8.09 at Medtronic, down from 9.31 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 12.11 in Q1 2022 and bottomed at 5.21 in Q2 2024.
  • The 5-year median for Interest Coverage Ratio is 8.25 (2025), against an average of 8.63.
  • The largest annual shift saw Interest Coverage Ratio tumbled 37.71% in 2024 before it soared 58.32% in 2025.
  • A 5-year view of Interest Coverage Ratio shows it stood at 11.9 in 2022, then tumbled by 37.43% to 7.44 in 2023, then rose by 2.51% to 7.63 in 2024, then grew by 22.06% to 9.31 in 2025, then decreased by 13.17% to 8.09 in 2026.
  • Per Business Quant, the three most recent readings for MDT's Interest Coverage Ratio are 8.09 (Q1 2026), 9.31 (Q4 2025), and 8.21 (Q3 2025).