Medtronic (MDT) Non-Current Deferred Tax Liability (2014 - 2026)

Medtronic's (MDT) quarterly Non-Current Deferred Tax Liability came in at $365.0 million in Q1 2026, down 19.25% year-on-year from $452.0 million in Q1 2025, and down 5.44% quarter-over-quarter from $386.0 million in Q4 2025.

Medtronic (MDT) Non-Current Deferred Tax Liability (2014 - 2026) Analysis & Trends

Medtronic has disclosed Non-Current Deferred Tax Liability across 13 years of filings, most recently posting $365.0 million for Q1 2026.

  • Non-Current Deferred Tax Liability for Q1 2026 came in at $365.0 million, down 19.25% year-over-year; the trailing twelve-month figure through Jan 2026 was $365.0 million (down 19.25% YoY), and the FY2025 annual result was $403.0 million, down 21.75% from the prior year.
  • Non-Current Deferred Tax Liability came in at $365.0 million for Q1 2026 at Medtronic, down from $386.0 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $2.1 billion in Q2 2023 to a low of $365.0 million in Q1 2026.
  • The 5-year median for Non-Current Deferred Tax Liability is $615.0 million (2024), against an average of $765.8 million.
  • Across the five-year window, Non-Current Deferred Tax Liability advanced 5.76% in 2023 and plunged 75.19% in 2024, its largest moves.
  • Medtronic's Non-Current Deferred Tax Liability stood at $871.0 million in 2022, then decreased by 21.24% to $686.0 million in 2023, then plunged by 31.05% to $473.0 million in 2024, then retreated by 18.39% to $386.0 million in 2025, then dropped by 5.44% to $365.0 million in 2026.
  • The last three Non-Current Deferred Tax Liability figures came in at $365.0 million (Q1 2026), $386.0 million (Q4 2025), and $416.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn

Historic Data

Download Data
DateValue
Jan 23, 2026 365.00 Mn
Jan 23, 2026 365.00 Mn
Oct 24, 2025 386.00 Mn
Oct 24, 2025 386.00 Mn
Jul 25, 2025 416.00 Mn
Jul 25, 2025 416.00 Mn
Apr 25, 2025 403.00 Mn
Apr 25, 2025 403.00 Mn
Jan 24, 2025 452.00 Mn
Jan 24, 2025 452.00 Mn
Oct 25, 2024 473.00 Mn
Oct 25, 2024 473.00 Mn
Jul 26, 2024 496.00 Mn
Jul 26, 2024 496.00 Mn
Apr 26, 2024 515.00 Mn
Apr 26, 2024 515.00 Mn
Jan 26, 2024 615.00 Mn
Jan 26, 2024 615.00 Mn
Oct 27, 2023 686.00 Mn
Oct 27, 2023 686.00 Mn