Medtronic (MDT) Other Non-Current Liabilities (2014 - 2026)
Medtronic (MDT) recorded Other Non-Current Liabilities of $2 billion in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 10.4% from $1.81 billion a year earlier but down 2.6% from the prior quarter.
Medtronic (MDT) Other Non-Current Liabilities (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Medtronic reported Other Non-Current Liabilities of $2.06 billion, up 16.2% from FY2025.
- Annual Other Non-Current Liabilities has a five-year compound annual growth rate of 50.1% (FY2021 to FY2026).
- Across earlier fiscal years, Other Non-Current Liabilities came in at $1.77 billion in FY2025 (-4.8%), $1.86 billion in FY2024 (-21.2%), $2.36 billion in FY2023 (+13.1%) and $2.09 billion in FY2022 (+673.0%).
- Quarterly Other Non-Current Liabilities has ranged from $193 million in fiscal Q1 2023 to $2.41 billion in fiscal Q1 2024 over the past five years.
- On a year-over-year basis, Other Non-Current Liabilities has increased for four consecutive quarters, with growth averaging 2.2% over the last eight quarters.
- Peak year-over-year performance for Other Non-Current Liabilities in the last five years was growth of 673.0% in fiscal Q4 2022, against a decline of 89.5% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.06 billion (Q4 2026), $1.77 billion (Q3 2026) and $1.76 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 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 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.00 Bn |
| Apr 24, 2026 | 2.06 Bn |
| Jan 23, 2026 | 1.77 Bn |
| Oct 24, 2025 | 1.76 Bn |
| Jul 25, 2025 | 1.81 Bn |
| Apr 25, 2025 | 1.77 Bn |
| Jan 24, 2025 | 1.53 Bn |
| Oct 25, 2024 | 1.53 Bn |
| Jul 26, 2024 | 1.92 Bn |
| Apr 26, 2024 | 1.86 Bn |
| Jan 26, 2024 | 1.82 Bn |
| Oct 27, 2023 | 1.78 Bn |
| Jul 28, 2023 | 2.41 Bn |
| Apr 28, 2023 | 2.36 Bn |
| Jan 27, 2023 | 2.31 Bn |
| Oct 28, 2022 | 349.00 Mn |
| Jul 29, 2022 | 193.00 Mn |
| Apr 29, 2022 | 2.09 Bn |
| Jan 28, 2022 | 2.12 Bn |
| Oct 29, 2021 | 269.00 Mn |
Medtronic Other Non-Current Liabilities 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-liabilities&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-current-liabilities", "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-liabilities&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();