Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026)
Medtronic (MDT) posted Long-Term Deferred Tax of $3.9 billion for Q2 2026, down 0.6% sequentially from $4.0 billion in Q1 2026, and down 2.4% YoY from $4.0 billion in Q2 2025.
Medtronic (MDT) Long-Term Deferred Tax (2014 - 2026) Analysis & Trends
Medtronic has reported Long-Term Deferred Tax for 13 years, with the latest figure at $3.9 billion in Q2 2026.
- Quarterly Long-Term Deferred Tax fell 2.4% year-over-year to $3.9 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $3.9 billion (down 2.4% YoY) and the FY2026 annual result came in at $3.9 billion, down 2.4% from the prior year.
- Long-Term Deferred Tax slipped to $3.9 billion in Q2 2026 per MDT's latest filing, from $4.0 billion in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $4.0 billion in Q2 2025 and troughed at $3.3 billion in Q1 2022.
- A 5-year average of $3.6 billion and a median of $3.6 billion in 2024 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2025 and 2026: Long-Term Deferred Tax rose 10.55% in 2025, then fell 2.4% in 2026.
- Over 5 years, Long-Term Deferred Tax stood at $3.4 billion in 2022, then advanced by 2.33% to $3.4 billion in 2023, then climbed by 4.2% to $3.6 billion in 2024, then grew by 7.98% to $3.9 billion in 2025, then gained by 2.23% to $3.9 billion in 2026.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $3.9 billion, $4.0 billion, and $3.9 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 19.36 Bn | 18.95 Bn | 1.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 3.19 Bn |