Medtronic (MDT) Net Long-Term Debt Issued (Repaid) (2014 - 2025)
Medtronic's Non-Current Debt was $25.62 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), down 2.1% from $26.18 billion a year earlier and down 2.1% from the prior quarter.
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Analysis
Medtronic (MDT) Net Long-Term Debt Issued (Repaid) (2014 - 2025) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Non-Current Debt at Medtronic came in at $26.17 billion, up 2.1% from FY2025.
- Non-Current Debt shows a five-year compound annual growth rate of -0.2% (FY2021 to FY2026).
- In earlier fiscal years, Non-Current Debt was $25.64 billion in FY2025 (+7.1%), $23.93 billion in FY2024 (-1.7%), $24.34 billion in FY2023 (+19.5%) and $20.37 billion in FY2022 (-22.8%).
- The fiscal Q1 2027 figure marks the lowest quarterly Non-Current Debt since fiscal Q3 2025.
- Compared with a year earlier, Non-Current Debt was higher in five of the last eight quarters, with growth averaging 4.8%.
- The best year-over-year quarter for Non-Current Debt over five years was fiscal Q1 2024 (growth of 39.9%); the worst was fiscal Q1 2023 (a decline of 32.7%).
- Per Business Quant data, MDT's Non-Current Debt in the three fiscal quarters before Q1 2027 was $26.17 billion (Q4 2026), $27.88 billion (Q3 2026) and $27.68 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 263.87 Bn | 240.39 Bn | 5.13 Bn | -1.11 Bn |
| 2 | Abbott Laboratories | 191.93 Bn | 165.80 Bn | 7.39 Bn | -1.33 Bn |
| 3 | Danaher | 165.19 Bn | 144.84 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 161.05 Bn | 141.34 Bn | 2.08 Bn | - |
| 5 | Medtronic | 132.56 Bn | 97.81 Bn | 6.34 Bn | - |
| 6 | Stryker | 125.61 Bn | 111.80 Bn | 4.25 Bn | - |
| 7 | Boston Scientific | 63.67 Bn | 59.10 Bn | 3.43 Bn | - |
| 8 | Edwards Lifesciences | 60.42 Bn | 43.62 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 59.40 Bn | 56.54 Bn | 2.32 Bn | -2.00 Bn |
| 10 | Agilent Technologies | 50.55 Bn | 43.44 Bn | 1.04 Bn | 601.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 24, 2025 | -21.00 Mn |
| Jul 25, 2025 | -1.16 Bn |
| Jul 26, 2024 | 3.21 Bn |
| Apr 28, 2023 | -950.00 Mn |
| Jan 27, 2023 | -772.00 Mn |
| Jul 29, 2022 | -2.31 Bn |
| Jul 30, 2021 | -1.00 Mn |
| Apr 30, 2021 | -916.00 Mn |
| Jan 29, 2021 | -115.00 Mn |
| Oct 30, 2020 | 847.00 Mn |
| Jul 31, 2020 | -11.00 Mn |
| Apr 24, 2020 | -504.00 Mn |
| Jan 24, 2020 | -12.00 Mn |
| Oct 25, 2019 | -558.00 Mn |
| Jul 26, 2019 | 532.00 Mn |
| Apr 26, 2019 | -128.00 Mn |
| Jan 25, 2019 | -10.00 Mn |
| Oct 26, 2018 | -4.00 Mn |
| Jul 27, 2018 | -12.00 Mn |
| Apr 27, 2018 | -3.20 Bn |
API Access
Medtronic Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();