Medtronic (MDT) Non-Current Debt (2014 - 2026)

Medtronic's (MDT) quarterly Non-Current Debt came in at $27.9 billion in Q1 2026, up 16.24% year-on-year from $24.0 billion in Q1 2025, and up 0.72% quarter-over-quarter from $27.7 billion in Q4 2025.

Medtronic (MDT) Non-Current Debt (2014 - 2026) Analysis & Trends

Medtronic has disclosed Non-Current Debt across 13 years of filings, most recently posting $27.9 billion for Q1 2026.

  • Non-Current Debt for Q1 2026 came in at $27.9 billion, up 16.24% year-over-year; the trailing twelve-month figure through Jan 2026 was $27.9 billion (up 16.24% YoY), and the FY2025 annual result was $25.6 billion, up 7.15% from the prior year.
  • Non-Current Debt came in at $27.9 billion for Q1 2026 at Medtronic, up from $27.7 billion in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $27.9 billion in Q1 2026 to a low of $17.5 billion in Q3 2022.
  • The 5-year median for Non-Current Debt is $24.3 billion (2022), against an average of $24.0 billion.
  • Across the five-year window, Non-Current Debt sank 32.66% in 2022 and surged 39.94% in 2023, its largest moves.
  • Medtronic's Non-Current Debt stood at $20.8 billion in 2022, then gained by 14.4% to $23.7 billion in 2023, then advanced by 3.65% to $24.6 billion in 2024, then advanced by 12.49% to $27.7 billion in 2025, then climbed by 0.72% to $27.9 billion in 2026.
  • The last three Non-Current Debt figures came in at $27.9 billion (Q1 2026), $27.7 billion (Q4 2025), and $26.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 29.64 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 14.22 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 27.88 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 10.99 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 598.50 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 8.07 Bn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 10.13 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 1.81 Bn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 6.30 Bn

Historic Data

Download Data
DateValue
Jan 23, 2026 27.88 Bn
Jan 23, 2026 27.88 Bn
Oct 24, 2025 27.68 Bn
Oct 24, 2025 27.68 Bn
Jul 25, 2025 26.18 Bn
Jul 25, 2025 26.18 Bn
Apr 25, 2025 25.64 Bn
Apr 25, 2025 25.64 Bn
Jan 24, 2025 23.99 Bn
Jan 24, 2025 23.99 Bn
Oct 25, 2024 24.61 Bn
Oct 25, 2024 24.61 Bn
Jul 26, 2024 26.31 Bn
Jul 26, 2024 26.31 Bn
Apr 26, 2024 23.93 Bn
Apr 26, 2024 23.93 Bn
Jan 26, 2024 24.15 Bn
Jan 26, 2024 24.15 Bn
Oct 27, 2023 23.74 Bn
Oct 27, 2023 23.74 Bn