Medtronic (MDT) Interest Coverage Ratio (2014 - 2026)

Medtronic has disclosed Interest Coverage Ratio across 13 years of filings, most recently posting 9.48 for Q3 2026.

• In Q3 2026, Interest Coverage Ratio rose 15.51% year-over-year to 9.48; the TTM figure through Jul 2026 stood at 9.37 (up 13.01% YoY), while the FY2026 annual figure was 9.04, up 10.72% from the prior year.
• Interest Coverage Ratio came in at 9.48 for Q3 2026 at Medtronic, down from 10.64 in the prior quarter.
• In the past five years, Interest Coverage Ratio ranged from a high of 12.11 in Q1 2022 to a low of 5.21 in Q2 2024.
• Average Interest Coverage Ratio over 5 years is 8.78, with a median of 8.34 recorded in 2023.
• Year-over-year, Interest Coverage Ratio plunged 37.71% in 2024 and soared 58.32% in 2025.
• Over 5 years, Interest Coverage Ratio stood at 11.9 in 2022, then slumped by 37.43% to 7.44 in 2023, then increased by 2.51% to 7.63 in 2024, then climbed by 22.06% to 9.31 in 2025, then advanced by 1.81% to 9.48 in 2026.
• Per Business Quant data, the three most recent Interest Coverage Ratio figures were 9.48 in Q3 2026, 10.64 in Q2 2026, and 8.09 in Q1 2026.