Medtronic (MDT) Non-Current Debt (2014 - 2026)
Medtronic's (MDT) quarterly Non-Current Debt came in at $25.6 billion in Q3 2026, down 2.15% year-over-year from $26.2 billion in Q3 2025, and down 2.12% quarter-over-quarter from $26.2 billion in Q2 2026.
Analysis
Medtronic (MDT) Non-Current Debt (2014 - 2026) Analysis & Trends
Medtronic has disclosed Non-Current Debt across 13 years of filings, most recently posting $25.6 billion for Q3 2026.
- In Q3 2026, Non-Current Debt fell 2.15% year-over-year to $25.6 billion; the TTM figure through Jul 2026 stood at $25.6 billion (down 2.15% YoY), while the FY2026 annual figure was $26.2 billion, up 2.07% from the prior year.
- Non-Current Debt came in at $25.6 billion for Q3 2026 at Medtronic, down from $26.2 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.
- Average Non-Current Debt over 5 years is $24.2 billion, with a median of $24.3 billion recorded in 2023.
- Year-over-year, Non-Current Debt plunged 32.66% in 2022 and soared 39.94% in 2023.
- Over 5 years, 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 decreased by 7.45% to $25.6 billion in 2026.
- Per Business Quant data, the three most recent Non-Current Debt figures were $25.6 billion in Q3 2026, $26.2 billion in Q2 2026, and $27.9 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 29.60 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | - |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 25.62 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 14.19 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 10.92 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 598.70 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.00 Mn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | - |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 1.65 Bn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 6.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 25.62 Bn |
| Apr 24, 2026 | 26.17 Bn |
| Jan 23, 2026 | 27.88 Bn |
| Oct 24, 2025 | 27.68 Bn |
| Jul 25, 2025 | 26.18 Bn |
| Apr 25, 2025 | 25.64 Bn |
| Jan 24, 2025 | 23.99 Bn |
| Oct 25, 2024 | 24.61 Bn |
| Jul 26, 2024 | 26.31 Bn |
| Apr 26, 2024 | 23.93 Bn |
| Jan 26, 2024 | 24.15 Bn |
| Oct 27, 2023 | 23.74 Bn |
| Jul 28, 2023 | 24.46 Bn |
| Apr 28, 2023 | 24.34 Bn |
| Jan 27, 2023 | 22.21 Bn |
| Oct 28, 2022 | 20.75 Bn |
| Jul 29, 2022 | 17.48 Bn |
| Apr 29, 2022 | 20.37 Bn |
| Jan 28, 2022 | 24.29 Bn |
| Oct 29, 2021 | 25.61 Bn |