Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026)
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.
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 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
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();