Medtronic (MDT) Other Non-Current Assets (2014 - 2026)
Medtronic (MDT) posted Other Non-Current Assets of $4.32 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 20.4% from $3.59 billion a year earlier and up 4.1% from the prior quarter.
Medtronic (MDT) Other Non-Current Assets (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Medtronic's Other Non-Current Assets came in at $4.15 billion, up 15.7% from FY2025.
- Annual Other Non-Current Assets shows a five-year compound annual growth rate of 11.2% (FY2021 to FY2026).
- In prior fiscal years, Medtronic's Other Non-Current Assets was $3.58 billion in FY2025 (-11.4%), $4.05 billion in FY2024 (+2.2%), $3.96 billion in FY2023 (+31.6%) and $3.01 billion in FY2022 (+23.1%).
- The fiscal Q1 2027 figure stands as the highest quarterly Other Non-Current Assets since fiscal Q1 2018.
- On a year-over-year basis, Other Non-Current Assets increased in four of the last eight quarters, with growth averaging 1.0%.
- The strongest year-over-year quarter for Other Non-Current Assets in the past five years was fiscal Q4 2023, with growth of 31.6%; the weakest was fiscal Q1 2026, with a decline of 11.7%.
- According to Business Quant data, Other Non-Current Assets for the three prior fiscal quarters was $4.15 billion (Q4 2026), $4.04 billion (Q3 2026) and $3.75 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 5.62 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | - |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 4.39 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 4.32 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 3.23 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 45.22 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 616.40 Mn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 2.55 Bn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn | 1.07 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 4.32 Bn |
| Apr 24, 2026 | 4.15 Bn |
| Jan 23, 2026 | 4.04 Bn |
| Oct 24, 2025 | 3.75 Bn |
| Jul 25, 2025 | 3.59 Bn |
| Apr 25, 2025 | 3.58 Bn |
| Jan 24, 2025 | 4.25 Bn |
| Oct 25, 2024 | 4.01 Bn |
| Jul 26, 2024 | 4.06 Bn |
| Apr 26, 2024 | 4.05 Bn |
| Jan 26, 2024 | 4.04 Bn |
| Oct 27, 2023 | 3.96 Bn |
| Jul 28, 2023 | 3.91 Bn |
| Apr 28, 2023 | 3.96 Bn |
| Jan 27, 2023 | 3.14 Bn |
| Oct 28, 2022 | 3.12 Bn |
| Jul 29, 2022 | 3.09 Bn |
| Apr 29, 2022 | 3.01 Bn |
| Jan 28, 2022 | 2.52 Bn |
| Oct 29, 2021 | 2.50 Bn |
Medtronic Other Non-Current Assets 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=other-non-current-assets&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-current-assets", "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=other-non-current-assets&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();