Medtronic (MDT) Non-Current Debt (2014 - 2026)
Medtronic (MDT) reported Non-Current Debt of $26.2 billion for Q2 2026, up 2.07% on a YoY basis from $25.6 billion in Q2 2025, and down 6.12% sequentially from $27.9 billion in Q1 2026.
Medtronic (MDT) Non-Current Debt (2014 - 2026) Analysis & Trends
Medtronic (MDT) has 13 years of Non-Current Debt data on file, last reported at $26.2 billion in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt rose 2.07% year-over-year to $26.2 billion; the trailing twelve-month figure through Apr 2026 stood at $26.2 billion (up 2.07% YoY), and the FY2026 full-year result was $26.2 billion, up 2.07% from the prior year.
- Non-Current Debt retreated to $26.2 billion in Q2 2026, from $27.9 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.
- A 5-year average of $24.1 billion and a median of $24.3 billion in 2022 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt tumbled 32.66% in 2022 and surged 39.94% in 2023, its largest moves.
- Tracing MDT's Non-Current Debt over 5 years: stood at $20.8 billion in 2022, then rose by 14.4% to $23.7 billion in 2023, then gained by 3.65% to $24.6 billion in 2024, then gained by 12.49% to $27.7 billion in 2025, then dropped by 5.44% to $26.2 billion in 2026.
- Business Quant data shows MDT's Non-Current Debt at $26.2 billion in Q2 2026, $27.9 billion in Q1 2026, and $27.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 29.64 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 14.22 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 26.17 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 10.99 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 598.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 8.07 Bn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 10.13 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | 3.18 Bn |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 1.81 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 25.96 Bn |