Medtronic (MDT) Invested Capital (2014 - 2026)
Medtronic's (MDT) quarterly Invested Capital came in at $79.0 billion in Q3 2026, up 2.95% year-over-year from $76.7 billion in Q3 2025, and up 1.24% quarter-over-quarter from $78.0 billion in Q2 2026.
Analysis
Medtronic (MDT) Invested Capital (2014 - 2026) Analysis & Trends
Medtronic has disclosed Invested Capital across 13 years of filings, most recently posting $79.0 billion for Q3 2026.
- In Q3 2026, Invested Capital rose 2.95% year-over-year to $79.0 billion; the TTM figure through Jul 2026 stood at $79.0 billion (up 2.95% YoY), while the FY2026 annual figure was $78.0 billion, up 1.64% from the prior year.
- Invested Capital came in at $79.0 billion for Q3 2026 at Medtronic, up from $78.0 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $79.7 billion in Q1 2023 to a low of $75.4 billion in Q2 2024.
- Average Invested Capital over 5 years is $77.2 billion, with a median of $76.8 billion recorded in 2022.
- Year-over-year, Invested Capital fell 4.16% in 2022 and increased 2.95% in 2026.
- Over 5 years, Invested Capital stood at $78.7 billion in 2022, then slipped by 2.47% to $76.7 billion in 2023, then increased by 0.41% to $77.0 billion in 2024, then increased by 1.19% to $78.0 billion in 2025, then climbed by 1.34% to $79.0 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $79.0 billion in Q3 2026, $78.0 billion in Q2 2026, and $77.3 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 84.37 Bn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | - |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 79.00 Bn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 38.93 Bn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 37.80 Bn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 11.32 Bn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | 25.74 Bn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | - |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 9.36 Bn |
| 10 | Zimmer Biomet Holdings | 18.70 Bn | 18.30 Bn | 1.54 Bn | 20.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 79.00 Bn |
| Apr 24, 2026 | 78.03 Bn |
| Jan 23, 2026 | 77.27 Bn |
| Oct 24, 2025 | 77.96 Bn |
| Jul 25, 2025 | 76.74 Bn |
| Apr 25, 2025 | 76.77 Bn |
| Jan 24, 2025 | 76.22 Bn |
| Oct 25, 2024 | 77.04 Bn |
| Jul 26, 2024 | 76.03 Bn |
| Apr 26, 2024 | 75.44 Bn |
| Jan 26, 2024 | 77.18 Bn |
| Oct 27, 2023 | 76.73 Bn |
| Jul 28, 2023 | 76.35 Bn |
| Apr 28, 2023 | 76.03 Bn |
| Jan 27, 2023 | 79.75 Bn |
| Oct 28, 2022 | 78.67 Bn |
| Jul 29, 2022 | 76.05 Bn |
| Apr 29, 2022 | 76.84 Bn |
| Jan 28, 2022 | 77.87 Bn |
| Oct 29, 2021 | 77.78 Bn |