Medtronic (MDT) Non Operating Interest Expenses (2013 - 2026)
Medtronic (MDT) reported Non Operating Interest Expenses of $186 million for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 5.7% from $176 million a year earlier and up 5.7% from the prior quarter.
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Analysis
Medtronic (MDT) Non Operating Interest Expenses (2013 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Non Operating Interest Expenses came in at $724 million, down 1.9% year-over-year; for FY2026 (ended Apr 24, 2026), it was $715 million, down 1.9% from FY2025.
- Non Operating Interest Expenses has a five-year compound annual growth rate of -5.0% (FY2021 to FY2026).
- By fiscal year, Non Operating Interest Expenses came in at $729 million in FY2025 (+1.4%), $719 million in FY2024 (+13.1%), $636 million in FY2023 (+15.0%) and $553 million in FY2022 (-40.2%).
- The fiscal Q1 2027 figure ranks as the highest quarterly Non Operating Interest Expenses since fiscal Q2 2025.
- Year over year, Non Operating Interest Expenses has now increased in each of the last three quarters, with an average decline of 0.3% over the last eight quarters.
- The high point for year-over-year Non Operating Interest Expenses in five years was fiscal Q2 2024 (growth of 52.5%); the low point was fiscal Q2 2022 (a decline of 71.1%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $176 million (Q4 2026), $181 million (Q3 2026) and $181 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.20 Bn | 235.84 Bn | 5.13 Bn | 417.00 Mn |
| 2 | Abbott Laboratories | 185.80 Bn | 160.26 Bn | 7.39 Bn | 350.00 Mn |
| 3 | Danaher | 162.11 Bn | 141.76 Bn | 3.84 Bn | 135.00 Mn |
| 4 | Intuitive Surgical | 155.35 Bn | 135.64 Bn | 2.08 Bn | - |
| 5 | Medtronic | 131.92 Bn | 97.43 Bn | 6.34 Bn | 186.00 Mn |
| 6 | Stryker | 119.74 Bn | 105.93 Bn | 4.25 Bn | 143.00 Mn |
| 7 | Boston Scientific | 64.30 Bn | 59.73 Bn | 3.43 Bn | 100.00 Mn |
| 8 | Edwards Lifesciences | 61.64 Bn | 44.85 Bn | 1.35 Bn | - |
| 9 | Agilent Technologies | 48.79 Bn | 41.68 Bn | 1.04 Bn | 29.00 Mn |
| 10 | GE HealthCare Technologies | 37.32 Bn | 25.55 Bn | 2.22 Bn | 122.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 186.00 Mn |
| Apr 24, 2026 | 176.00 Mn |
| Dec 31, 2025 | 729.00 Mn |
| Oct 24, 2025 | 181.00 Mn |
| Jul 25, 2025 | 176.00 Mn |
| Dec 31, 2024 | 719.00 Mn |
| Oct 25, 2024 | 209.00 Mn |
| Jul 26, 2024 | 167.00 Mn |
| Dec 31, 2023 | 636.00 Mn |
| Oct 27, 2023 | 180.00 Mn |
| Jul 28, 2023 | 148.00 Mn |
| Dec 31, 2022 | 553.00 Mn |
| Oct 28, 2022 | 118.00 Mn |
| Jul 29, 2022 | 164.00 Mn |
| Dec 31, 2021 | 925.00 Mn |
| Oct 29, 2021 | 136.00 Mn |
| Jul 30, 2021 | 137.00 Mn |
| Dec 31, 2020 | 1.09 Bn |
| Oct 30, 2020 | 470.00 Mn |
| Jul 31, 2020 | 171.00 Mn |
API Access
Medtronic Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "MDT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();