KPIs & Operating Metrics(New)
Growth Metrics

Medtronic (MDT) Other Working Capital Changes (2014 - 2026)

Medtronic recorded quarterly Other Working Capital Changes of -$117.0 million in Q1 2026, down 116.09% quarter-over-quarter from $727.0 million in Q4 2025, and down 1.74% year-over-year from -$119.1 million in Q1 2025.

Medtronic's Other Working Capital Changes history runs 13 years deep, the most recent figure standing at -$117.0 million for Q1 2026.

  • In Q1 2026, Other Working Capital Changes fell 1.74% year-over-year to -$117.0 million; the TTM figure through Jan 2026 stood at $927.0 million (up 70.09% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $103.6 million and a median of -$1.0 million in 2024 frame the typical range for Other Working Capital Changes.
  • Across the five-year window, Other Working Capital Changes jumped 1151.43% in 2023 and sank 11400.0% in 2025, its largest moves.
  • Medtronic's Other Working Capital Changes stood at -$405.0 million in 2022, then jumped by 243.7% to $582.0 million in 2023, then increased by 4.12% to $606.0 million in 2024, then rose by 19.97% to $727.0 million in 2025, then plunged by 116.09% to -$117.0 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered -$117.0 million, $727.0 million, and $464.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn
10 Zimmer Biomet Holdings 16.17 Bn 15.75 Bn 1.51 Bn

Historic Data

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DateValue
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
Jul 28, 2023 -96.00 Mn
Jul 28, 2023 -96.00 Mn
Apr 28, 2023 -196.00 Mn
Apr 28, 2023 -196.00 Mn
Jan 27, 2023 438.00 Mn
Jan 27, 2023 438.00 Mn
Oct 28, 2022 -405.00 Mn
Oct 28, 2022 -405.00 Mn
Jul 29, 2022 311.00 Mn
Jul 29, 2022 311.00 Mn
Apr 29, 2022 -379.00 Mn
Apr 29, 2022 -379.00 Mn
Jan 28, 2022 35.00 Mn
Jan 28, 2022 35.00 Mn
Oct 29, 2021 88.00 Mn
Oct 29, 2021 88.00 Mn
Jul 30, 2021 321.00 Mn
Jul 30, 2021 321.00 Mn
Apr 30, 2021 119.00 Mn
Apr 30, 2021 119.00 Mn
Jan 29, 2021 303.00 Mn
Jan 29, 2021 303.00 Mn
Oct 30, 2020 -15.00 Mn
Oct 30, 2020 -15.00 Mn
Jul 31, 2020 142.00 Mn
Jul 31, 2020 142.00 Mn
Apr 24, 2020 542.00 Mn
Apr 24, 2020 542.00 Mn
Jan 24, 2020 -103.00 Mn
Jan 24, 2020 -103.00 Mn
Oct 25, 2019 10.00 Mn
Oct 25, 2019 10.00 Mn
Jul 26, 2019 160.00 Mn
Jul 26, 2019 160.00 Mn
Apr 26, 2019 191.00 Mn
Apr 26, 2019 191.00 Mn
Jan 25, 2019 -66.00 Mn
Jan 25, 2019 -66.00 Mn
Oct 26, 2018 330.00 Mn
Oct 26, 2018 330.00 Mn
Jul 27, 2018 169.00 Mn
Jul 27, 2018 169.00 Mn
Apr 27, 2018 1.29 Bn
Apr 27, 2018 1.29 Bn
Jan 26, 2018 -2.21 Bn
Jan 26, 2018 -2.21 Bn
Oct 27, 2017 275.00 Mn
Oct 27, 2017 275.00 Mn
Jul 28, 2017 419.00 Mn
Jul 28, 2017 419.00 Mn
Apr 28, 2017 410.00 Mn
Apr 28, 2017 410.00 Mn
Jan 27, 2017 -420.00 Mn
Jan 27, 2017 -420.00 Mn
Oct 28, 2016 -25.00 Mn
Oct 28, 2016 -25.00 Mn
Jul 29, 2016 -50.00 Mn
Jul 29, 2016 -50.00 Mn
Apr 29, 2016 4.00 Mn
Apr 29, 2016 4.00 Mn
Jan 29, 2016 472.00 Mn
Jan 29, 2016 472.00 Mn
Oct 30, 2015 -481.00 Mn
Oct 30, 2015 -481.00 Mn
Jul 31, 2015 408.00 Mn
Jul 31, 2015 408.00 Mn
Apr 24, 2015 -644.00 Mn
Apr 24, 2015 -644.00 Mn
Jan 23, 2015 74.00 Mn
Jan 23, 2015 74.00 Mn
Oct 24, 2014 -56.00 Mn
Oct 24, 2014 -56.00 Mn
Jul 25, 2014 -17.00 Mn
Jul 25, 2014 -17.00 Mn