Medtronic (MDT) Non-Current Deferred Tax Liability (2014 - 2026)
Medtronic's (MDT) quarterly Non-Current Deferred Tax Liability came in at $349.0 million in Q3 2026, down 16.11% year-over-year from $416.0 million in Q3 2025, and down 3.59% quarter-over-quarter from $362.0 million in Q2 2026.
Analysis
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 $349.0 million for Q3 2026.
- In Q3 2026, Non-Current Deferred Tax Liability fell 16.11% year-over-year to $349.0 million; the TTM figure through Jul 2026 stood at $349.0 million (down 16.11% YoY), while the FY2026 annual figure was $362.0 million, down 79.58% from the prior year.
- Non-Current Deferred Tax Liability came in at $349.0 million for Q3 2026 at Medtronic, down from $362.0 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 $349.0 million in Q3 2026.
- Average Non-Current Deferred Tax Liability over 5 years is $870.7 million, with a median of $686.0 million recorded in 2023.
- Year-over-year, Non-Current Deferred Tax Liability climbed 5.76% in 2023 and tumbled 79.58% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability stood at $871.0 million in 2022, then decreased by 21.24% to $686.0 million in 2023, then slumped by 31.05% to $473.0 million in 2024, then retreated by 18.39% to $386.0 million in 2025, then decreased by 9.59% to $349.0 million in 2026.
- Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $349.0 million in Q3 2026, $362.0 million in Q2 2026, and $365.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.84 Bn | 178.24 Bn | 7.27 Bn |
| 2 | Intuitive Surgical | 124.30 Bn | 119.09 Bn | 1.96 Bn |
| 3 | Medtronic | 118.47 Bn | 109.65 Bn | 6.34 Bn |
| 4 | Stryker | 106.24 Bn | 102.77 Bn | 4.50 Bn |
| 5 | Boston Scientific | 66.67 Bn | 66.13 Bn | 3.85 Bn |
| 6 | Edwards Lifesciences | 49.69 Bn | 45.43 Bn | 1.35 Bn |
| 7 | Alcon | 34.03 Bn | 32.57 Bn | 1.68 Bn |
| 8 | Dexcom | 32.09 Bn | 30.14 Bn | 830.00 Mn |
| 9 | Steris | 21.14 Bn | 20.66 Bn | 684.20 Mn |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 349.00 Mn |
| Apr 24, 2026 | 362.00 Mn |
| Jan 23, 2026 | 365.00 Mn |
| Oct 24, 2025 | 386.00 Mn |
| Jul 25, 2025 | 416.00 Mn |
| Apr 25, 2025 | 1.77 Bn |
| Jan 24, 2025 | 452.00 Mn |
| Oct 25, 2024 | 473.00 Mn |
| Jul 26, 2024 | 496.00 Mn |
| Apr 26, 2024 | 1.96 Bn |
| Jan 26, 2024 | 615.00 Mn |
| Oct 27, 2023 | 686.00 Mn |
| Jul 28, 2023 | 687.00 Mn |
| Apr 28, 2023 | 2.08 Bn |
| Jan 27, 2023 | 747.00 Mn |
| Oct 28, 2022 | 871.00 Mn |
| Jul 29, 2022 | 899.00 Mn |
| Apr 29, 2022 | 1.96 Bn |
| Jan 28, 2022 | 968.00 Mn |
| Oct 29, 2021 | 1.02 Bn |