Medtronic (MDT) Non-Current Deferred Tax Liability (2014 - 2026)
Medtronic (MDT) posted Non-Current Deferred Tax Liability of $362.0 million for Q2 2026, down 0.82% sequentially from $365.0 million in Q1 2026, and down 10.17% YoY from $403.0 million in Q2 2025.
Medtronic (MDT) Non-Current Deferred Tax Liability (2014 - 2026) Analysis & Trends
Medtronic has reported Non-Current Deferred Tax Liability for 13 years, with the latest figure at $362.0 million in Q2 2026.
- Quarterly Non-Current Deferred Tax Liability fell 10.17% year-over-year to $362.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $362.0 million (down 10.17% YoY) and the FY2026 annual result came in at $362.0 million, down 10.17% from the prior year.
- Non-Current Deferred Tax Liability slipped to $362.0 million in Q2 2026 per MDT's latest filing, from $365.0 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $2.0 billion in Q2 2022 and troughed at $362.0 million in Q2 2026.
- A 5-year average of $667.3 million and a median of $565.0 million in 2024 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2023 and 2026: Non-Current Deferred Tax Liability sank 63.93% in 2023, then decreased 10.17% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability stood at $871.0 million in 2022, then dropped by 21.24% to $686.0 million in 2023, then plunged by 31.05% to $473.0 million in 2024, then slipped by 18.39% to $386.0 million in 2025, then retreated by 6.22% to $362.0 million in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $362.0 million, $365.0 million, and $386.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 19.36 Bn | 18.95 Bn | 1.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 24, 2026 | 362.00 Mn |
| Apr 24, 2026 | 362.00 Mn |
| 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 |