Medtronic (MDT) Non-Current Debt (2014 - 2026)
Medtronic (MDT) posted Non-Current Debt of $26.2 billion for Q2 2026, down 6.12% sequentially from $27.9 billion in Q1 2026, and up 2.07% YoY from $25.6 billion in Q2 2025.
Medtronic (MDT) Non-Current Debt (2014 - 2026) Analysis & Trends
Medtronic has reported Non-Current Debt for 13 years, with the latest figure at $26.2 billion in Q2 2026.
- Quarterly Non-Current Debt rose 2.07% year-over-year to $26.2 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $26.2 billion (up 2.07% YoY) and the FY2026 annual result came in at $26.2 billion, up 2.07% from the prior year.
- Non-Current Debt retreated to $26.2 billion in Q2 2026 per MDT's latest filing, from $27.9 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $27.9 billion in Q1 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Non-Current Debt sank 32.66% in 2022, then jumped 39.94% in 2023.
- Over 5 years, Non-Current Debt stood at $20.8 billion in 2022, then climbed by 14.4% to $23.7 billion in 2023, then grew by 3.65% to $24.6 billion in 2024, then grew by 12.49% to $27.7 billion in 2025, then retreated by 5.44% to $26.2 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $26.2 billion, $27.9 billion, and $27.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 29.60 Bn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 14.19 Bn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 26.17 Bn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 10.92 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 598.70 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 10.09 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | 7.34 Bn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 1.65 Bn |
| 10 | Zimmer Biomet Holdings | 19.32 Bn | 18.91 Bn | 1.54 Bn | 6.28 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 |