Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026)
Medtronic's (MDT) quarterly Long-Term Deferred Tax came in at $3.7 billion in Q3 2026, down 5.75% year-over-year from $3.9 billion in Q3 2025, and down 6.09% quarter-over-quarter from $3.9 billion in Q2 2026.
Analysis
Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026) Analysis & Trends
Medtronic has disclosed Long-Term Deferred Tax across 13 years of filings, most recently posting $3.7 billion for Q3 2026.
- In Q3 2026, Long-Term Deferred Tax fell 5.75% year-over-year to $3.7 billion; the TTM figure through Jul 2026 stood at $3.7 billion (down 5.75% YoY), while the FY2026 annual figure was $3.9 billion, down 2.4% from the prior year.
- Long-Term Deferred Tax came in at $3.7 billion for Q3 2026 at Medtronic, down from $3.9 billion in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $4.0 billion in Q2 2025 to a low of $3.3 billion in Q1 2022.
- Average Long-Term Deferred Tax over 5 years is $3.6 billion, with a median of $3.6 billion recorded in 2024.
- Year-over-year, Long-Term Deferred Tax increased 10.55% in 2025 and fell 5.75% in 2026.
- Over 5 years, Long-Term Deferred Tax stood at $3.4 billion in 2022, then rose by 2.33% to $3.4 billion in 2023, then gained by 4.2% to $3.6 billion in 2024, then advanced by 7.98% to $3.9 billion in 2025, then fell by 3.99% to $3.7 billion in 2026.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $3.7 billion in Q3 2026, $3.9 billion in Q2 2026, and $4.0 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.91 Bn | 178.31 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 124.32 Bn | 119.11 Bn | 1.96 Bn |
| 3 | Medtronic | 118.42 Bn | 109.60 Bn | 6.34 Bn |
| 4 | Stryker | 105.22 Bn | 101.74 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.57 Bn | 66.03 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.76 Bn | 45.51 Bn | 1.35 Bn |
| 7 | Alcon | 33.91 Bn | 32.46 Bn | 1.68 Bn |
| 8 | Dexcom | 32.28 Bn | 30.33 Bn | 830.00 Mn |
| 9 | Steris | 21.10 Bn | 20.62 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 18.17 Bn | 17.76 Bn | 1.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.70 Bn |
| Apr 24, 2026 | 3.94 Bn |
| Jan 23, 2026 | 3.97 Bn |
| Oct 24, 2025 | 3.86 Bn |
| Jul 25, 2025 | 3.93 Bn |
| Apr 25, 2025 | 4.04 Bn |
| Jan 24, 2025 | 3.61 Bn |
| Oct 25, 2024 | 3.57 Bn |
| Jul 26, 2024 | 3.55 Bn |
| Apr 26, 2024 | 3.66 Bn |
| Jan 26, 2024 | 3.60 Bn |
| Oct 27, 2023 | 3.43 Bn |
| Jul 28, 2023 | 3.46 Bn |
| Apr 28, 2023 | 3.48 Bn |
| Jan 27, 2023 | 3.36 Bn |
| Oct 28, 2022 | 3.35 Bn |
| Jul 29, 2022 | 3.31 Bn |
| Apr 29, 2022 | 3.40 Bn |
| Jan 28, 2022 | 3.31 Bn |
| Oct 29, 2021 | 3.20 Bn |