Medtronic MDT
NYSE MDT
$86.42 +0.13 (+0.15%)
As of: Oct 1, 2026 · 3:41 PM EDT

Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026)

Updated

Medtronic (MDT) posted Long-Term Deferred Tax of $3.7 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 5.8% from $3.93 billion a year earlier and down 6.1% from the prior quarter.

Analysis

Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026) Analysis & Trends

At the end of FY2026 (ended Apr 24, 2026), Medtronic's Long-Term Deferred Tax came in at $3.94 billion, down 2.4% from FY2025.

  • Annual Long-Term Deferred Tax shows a five-year compound annual growth rate of 4.5% (FY2021 to FY2026).
  • In prior fiscal years, Medtronic's Long-Term Deferred Tax was $4.04 billion in FY2025 (+10.5%), $3.66 billion in FY2024 (+5.2%), $3.48 billion in FY2023 (+2.2%) and $3.4 billion in FY2022 (+7.4%).
  • The fiscal Q1 2027 figure stands as the lowest quarterly Long-Term Deferred Tax since fiscal Q3 2025.
  • On a year-over-year basis, Long-Term Deferred Tax increased in six of the last eight quarters, with growth averaging 4.4%.
  • The strongest year-over-year quarter for Long-Term Deferred Tax in the past five years was fiscal Q1 2026, with growth of 10.6%; the weakest was fiscal Q1 2027, with a decline of 5.8%.
  • According to Business Quant data, Long-Term Deferred Tax for the three prior fiscal quarters was $3.94 billion (Q4 2026), $3.97 billion (Q3 2026) and $3.86 billion (Q2 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 249.71 Bn 228.86 Bn 4.88 Bn
2 Abbott Laboratories 171.00 Bn 142.08 Bn 7.27 Bn
3 Danaher 155.79 Bn 139.61 Bn 3.61 Bn
4 Intuitive Surgical 143.91 Bn 123.46 Bn 1.96 Bn
5 Medtronic 110.42 Bn 76.29 Bn 6.34 Bn
6 Stryker 105.71 Bn 91.82 Bn 4.50 Bn
7 Boston Scientific 63.26 Bn 58.27 Bn 3.85 Bn
8 Edwards Lifesciences 49.80 Bn 33.91 Bn 1.35 Bn
9 Becton Dickinson 48.78 Bn 45.93 Bn 2.32 Bn
10 Agilent Technologies 48.58 Bn 41.47 Bn 1.04 Bn
Historic Data

Historic Data

Download Data
DateValue
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
API Access

Medtronic Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=MDT&period=max&api_key=YOUR_API_KEY