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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 13 years, with the latest figure at 8.09 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 12.04% to 8.09 in Q1 2026 year-over-year; TTM through Jan 2026 was 8.47, a 15.08% increase, with the full-year FY2025 number at 8.17, up 14.18% from a year prior.
  • Interest Coverage Ratio hit 8.09 in Q1 2026 for Medtronic, down from 9.31 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for MDT hit a ceiling of 12.11 in Q1 2022 and a floor of 5.21 in Q2 2024.
  • Historically, Interest Coverage Ratio has averaged 8.63 across 5 years, with a median of 8.25 in 2025.
  • Biggest five-year swings in Interest Coverage Ratio: crashed 37.71% in 2024 and later skyrocketed 58.32% in 2025.
  • Tracing MDT's Interest Coverage Ratio over 5 years: 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.
  • Business Quant data shows Interest Coverage Ratio for MDT at 8.09 in Q1 2026, 9.31 in Q4 2025, and 8.21 in Q3 2025.