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

Medtronic (MDT) reported Non-Current Deferred Tax Liability of $362.0 million for Q2 2026, down 10.17% on a YoY basis from $403.0 million in Q2 2025, and down 0.82% sequentially from $365.0 million in Q1 2026.

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

Medtronic (MDT) has 13 years of Non-Current Deferred Tax Liability data on file, last reported at $362.0 million in Q2 2026.

  • For the quarter ending Q2 2026, Non-Current Deferred Tax Liability fell 10.17% year-over-year to $362.0 million; the trailing twelve-month figure through Apr 2026 stood at $362.0 million (down 10.17% YoY), and the FY2026 full-year result was $362.0 million, down 10.17% from the prior year.
  • Non-Current Deferred Tax Liability slipped to $362.0 million in Q2 2026, from $365.0 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $2.0 billion in Q2 2022 to a low of $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.
  • Across the five-year window, Non-Current Deferred Tax Liability tumbled 63.93% in 2023 and fell 10.17% in 2026, its largest moves.
  • Tracing MDT's Non-Current Deferred Tax Liability over 5 years: stood at $871.0 million in 2022, then retreated by 21.24% to $686.0 million in 2023, then sank by 31.05% to $473.0 million in 2024, then fell by 18.39% to $386.0 million in 2025, then dropped by 6.22% to $362.0 million in 2026.
  • Business Quant data shows MDT's Non-Current Deferred Tax Liability at $362.0 million in Q2 2026, $365.0 million in Q1 2026, and $386.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn

Historic Data

Download Data
DateValue
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