Medtronic (MDT) Other Working Capital Changes (2014 - 2026)
Medtronic's (MDT) quarterly Other Working Capital Changes came in at -$117.0 million in Q1 2026, down 1.74% year-on-year from -$119.1 million in Q1 2025, and down 116.09% quarter-over-quarter from $727.0 million in Q4 2025.
Medtronic (MDT) Other Working Capital Changes (2014 - 2026) Analysis & Trends
Medtronic has disclosed Other Working Capital Changes across 13 years of filings, most recently posting -$117.0 million for Q1 2026.
- Other Working Capital Changes for Q1 2026 came in at -$117.0 million, down 1.74% year-over-year; the trailing twelve-month figure through Jan 2026 was $927.0 million (up 70.09% YoY), and the FY2025 annual result was $538.0 million, up 55.94% from the prior year.
- Other Working Capital Changes came in at -$117.0 million for Q1 2026 at Medtronic, down from $727.0 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $727.0 million in Q4 2025 to a low of -$405.0 million in Q4 2022.
- The 5-year median for Other Working Capital Changes is -$1.0 million (2024), against an average of $103.6 million.
- Across the five-year window, Other Working Capital Changes soared 1151.43% in 2023 and slumped 11400.0% in 2025, its largest moves.
- Medtronic's Other Working Capital Changes stood at -$405.0 million in 2022, then soared by 243.7% to $582.0 million in 2023, then grew by 4.12% to $606.0 million in 2024, then increased by 19.97% to $727.0 million in 2025, then sank by 116.09% to -$117.0 million in 2026.
- The last three Other Working Capital Changes figures came in at -$117.0 million (Q1 2026), $727.0 million (Q4 2025), and $464.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 23, 2026 | -117.00 Mn |
| Jan 23, 2026 | -117.00 Mn |
| Oct 24, 2025 | 727.00 Mn |
| Oct 24, 2025 | 727.00 Mn |
| Jul 25, 2025 | 464.00 Mn |
| Jul 25, 2025 | 464.00 Mn |
| Apr 25, 2025 | -147.00 Mn |
| Apr 25, 2025 | -147.00 Mn |
| Jan 24, 2025 | -115.00 Mn |
| Jan 24, 2025 | -115.00 Mn |
| Oct 25, 2024 | 606.00 Mn |
| Oct 25, 2024 | 606.00 Mn |
| Jul 26, 2024 | 194.00 Mn |
| Jul 26, 2024 | 194.00 Mn |
| Apr 26, 2024 | -140.00 Mn |
| Apr 26, 2024 | -140.00 Mn |
| Jan 26, 2024 | -1.00 Mn |
| Jan 26, 2024 | -1.00 Mn |
| Oct 27, 2023 | 582.00 Mn |
| Oct 27, 2023 | 582.00 Mn |