Medtronic MDT
NYSE MDT
$92.14 -0.25 (-0.27%)
As of: Sep 9, 2026 · 3:26 PM EDT

Medtronic (MDT) Inventory Average (2015 - 2026)

Medtronic's (MDT) quarterly Inventory Average came in at $6.1 billion in Q3 2026, up 7.08% year-over-year from $5.7 billion in Q3 2025, and down 0.77% quarter-over-quarter from $6.1 billion in Q2 2026.

Analysis

Medtronic (MDT) Inventory Average (2015 - 2026) Analysis & Trends

Medtronic has disclosed Inventory Average across 12 years of filings, most recently posting $6.1 billion for Q3 2026.

  • In Q3 2026, Inventory Average rose 7.08% year-over-year to $6.1 billion; the TTM figure through Jul 2026 stood at $6.1 billion (up 7.08% YoY), while the FY2026 annual figure was $5.7 billion, up 6.86% from the prior year.
  • Inventory Average came in at $6.1 billion for Q3 2026 at Medtronic, down from $6.1 billion in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $6.2 billion in Q1 2026 to a low of $4.4 billion in Q1 2022.
  • Average Inventory Average over 5 years is $5.5 billion, with a median of $5.5 billion recorded in 2023.
  • Year-over-year, Inventory Average increased 17.68% in 2023 and decreased 4.63% in 2024.
  • Over 5 years, Inventory Average stood at $4.9 billion in 2022, then increased by 15.79% to $5.7 billion in 2023, then fell by 4.63% to $5.4 billion in 2024, then rose by 10.55% to $6.0 billion in 2025, then grew by 1.03% to $6.1 billion in 2026.
  • Per Business Quant data, the three most recent Inventory Average figures were $6.1 billion in Q3 2026, $6.1 billion in Q2 2026, and $6.2 billion in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Abbott Laboratories 183.43 Bn 177.83 Bn 7.27 Bn 7.15 Bn
2 Intuitive Surgical 124.55 Bn 119.33 Bn 1.96 Bn 1.99 Bn
3 Medtronic 117.91 Bn 109.10 Bn 6.34 Bn 6.08 Bn
4 Stryker 105.51 Bn 102.03 Bn 4.50 Bn 5.47 Bn
5 Boston Scientific 66.23 Bn 65.69 Bn 3.85 Bn 3.18 Bn
6 Edwards Lifesciences 49.46 Bn 45.21 Bn 1.35 Bn 1.13 Bn
7 Alcon 33.87 Bn 32.41 Bn 1.68 Bn 2.47 Bn
8 Dexcom 32.08 Bn 30.13 Bn 830.00 Mn 710.00 Mn
9 Steris 21.05 Bn 20.56 Bn 684.20 Mn 671.95 Mn
10 Zimmer Biomet Holdings 18.27 Bn 17.86 Bn 1.54 Bn 2.26 Bn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 6.08 Bn
Apr 24, 2026 6.13 Bn
Jan 23, 2026 6.23 Bn
Oct 24, 2025 6.02 Bn
Jul 25, 2025 5.68 Bn
Apr 25, 2025 5.54 Bn
Jan 24, 2025 5.54 Bn
Oct 25, 2024 5.45 Bn
Jul 26, 2024 5.32 Bn
Apr 26, 2024 5.47 Bn
Jan 26, 2024 5.74 Bn
Oct 27, 2023 5.71 Bn
Jul 28, 2023 5.48 Bn
Apr 28, 2023 5.33 Bn
Jan 27, 2023 5.22 Bn
Oct 28, 2022 4.93 Bn
Jul 29, 2022 4.71 Bn
Apr 29, 2022 4.57 Bn
Jan 28, 2022 4.43 Bn
Oct 29, 2021 4.32 Bn