Medtronic (MDT) Non-Current Debt (2014 - 2026)
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.
Powered by 
Analysis
Medtronic (MDT) Non-Current Debt (2014 - 2026) 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) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 39.18 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 29.60 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 25.15 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 25.62 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 14.19 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 10.92 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 13.51 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 598.70 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 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 |
API Access
Medtronic Non-Current Debt 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();