Medtronic (MDT) Invested Capital (2015 - 2026)
Medtronic's Invested Capital was $79 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 2.9% from $76.74 billion a year earlier and up 1.2% from the prior quarter.
Medtronic (MDT) Invested Capital (2015 - 2026) Analysis & Trends
For FY2026 (ended Apr 24, 2026), Invested Capital at Medtronic came in at $78.03 billion, up 1.6% from FY2025.
- Invested Capital shows a five-year compound annual growth rate of 0.0% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $76.77 billion in FY2025 (+1.8%), $75.44 billion in FY2024 (-0.8%), $76.03 billion in FY2023 (-1.1%) and $76.84 billion in FY2022 (-1.5%).
- The fiscal Q1 2027 figure marks the highest quarterly Invested Capital since fiscal Q3 2023.
- Compared with a year earlier, Invested Capital has increased for six straight quarters, with growth averaging 1.1% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q1 2027 (growth of 2.9%); the worst was fiscal Q3 2022 (a decline of 4.2%).
- Per Business Quant data, MDT's Invested Capital in the three fiscal quarters before Q1 2027 was $78.03 billion (Q4 2026), $77.27 billion (Q3 2026) and $77.96 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 96.14 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 82.78 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 80.12 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 38.39 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 37.83 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.56 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 31.97 Bn |
| 10 | Agilent Technologies | 50.15 Bn | 43.04 Bn | 1.04 Bn | 11.31 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 79.00 Bn |
| Apr 24, 2026 | 78.03 Bn |
| Oct 24, 2025 | 77.96 Bn |
| Jul 25, 2025 | 76.74 Bn |
| Oct 25, 2024 | 77.04 Bn |
| Jul 26, 2024 | 76.03 Bn |
| Oct 27, 2023 | 76.73 Bn |
| Jul 28, 2023 | 76.35 Bn |
| Oct 28, 2022 | 78.67 Bn |
| Jul 29, 2022 | 76.05 Bn |
| Oct 29, 2021 | 77.78 Bn |
| Jul 30, 2021 | 77.63 Bn |
| Oct 30, 2020 | 80.32 Bn |
| Jul 31, 2020 | 79.13 Bn |
| Apr 24, 2020 | 75.67 Bn |
| Oct 25, 2019 | 76.35 Bn |
| Jul 26, 2019 | 76.76 Bn |
| Apr 26, 2019 | 75.54 Bn |
| Oct 26, 2018 | 74.73 Bn |
| Jul 27, 2018 | 75.55 Bn |
Medtronic Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();