Medtronic (MDT) Invested Capital (2013 - 2026)

Medtronic's (MDT) quarterly Invested Capital came in at $49.4 billion in Q1 2026, down 5.46% year-on-year from $52.2 billion in Q1 2025, and down 1.77% quarter-over-quarter from $50.3 billion in Q4 2025.

Medtronic (MDT) Invested Capital (2013 - 2026) Analysis & Trends

Medtronic has disclosed Invested Capital across 14 years of filings, most recently posting $49.4 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $49.4 billion, down 5.46% year-over-year; the trailing twelve-month figure through Jan 2026 was $49.4 billion (down 5.46% YoY), and the FY2025 annual result was $51.1 billion, down 0.74% from the prior year.
  • Invested Capital came in at $49.4 billion for Q1 2026 at Medtronic, down from $50.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $58.6 billion in Q3 2022 to a low of $49.4 billion in Q1 2026.
  • The 5-year median for Invested Capital is $52.2 billion (2025), against an average of $53.0 billion.
  • Across the five-year window, Invested Capital increased 13.36% in 2022 and slipped 11.42% in 2023, its largest moves.
  • Medtronic's Invested Capital stood at $57.9 billion in 2022, then retreated by 8.52% to $53.0 billion in 2023, then fell by 1.04% to $52.4 billion in 2024, then retreated by 4.12% to $50.3 billion in 2025, then decreased by 1.77% to $49.4 billion in 2026.
  • The last three Invested Capital figures came in at $49.4 billion (Q1 2026), $50.3 billion (Q4 2025), and $50.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 86.11 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 23.48 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 49.39 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 26.45 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 10.33 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 14.75 Bn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 2.96 Bn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 20.80 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 9.01 Bn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 13.56 Bn

Historic Data

Download Data
DateValue
Jan 23, 2026 49.39 Bn
Oct 24, 2025 50.28 Bn
Jul 25, 2025 50.56 Bn
Apr 25, 2025 51.13 Bn
Jan 24, 2025 52.24 Bn
Oct 25, 2024 52.44 Bn
Jul 26, 2024 49.71 Bn
Apr 26, 2024 51.51 Bn
Jan 26, 2024 53.03 Bn
Oct 27, 2023 52.99 Bn
Jul 28, 2023 51.89 Bn
Apr 28, 2023 51.69 Bn
Jan 27, 2023 57.36 Bn
Oct 28, 2022 57.92 Bn
Jul 29, 2022 58.57 Bn
Apr 29, 2022 56.46 Bn
Jan 28, 2022 53.58 Bn
Oct 29, 2021 52.18 Bn
Jul 30, 2021 51.67 Bn
Apr 30, 2021 51.61 Bn