Medtronic (MDT) Property, Plant & Equipment (Net) (2014 - 2026)
Medtronic (MDT) reported Property, Plant & Equipment (Net) of $7.47 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 6.7% from $7.01 billion a year earlier and up 0.8% from the prior quarter.
Medtronic (MDT) Property, Plant & Equipment (Net) (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Medtronic posted Property, Plant & Equipment (Net) of $7.42 billion, up 8.5% from FY2025.
- Property, Plant & Equipment (Net) has increased for nine consecutive fiscal years, with a five-year compound annual growth rate of 7.3% (FY2021 to FY2026).
- By fiscal year, Property, Plant & Equipment (Net) came in at $6.84 billion in FY2025 (+11.5%), $6.13 billion in FY2024 (+10.1%), $5.57 billion in FY2023 (+2.9%) and $5.41 billion in FY2022 (+3.7%).
- The fiscal Q1 2027 figure ranks as the highest quarterly Property, Plant & Equipment (Net) in data going back to fiscal Q4 2014.
- Year over year, Property, Plant & Equipment (Net) has now increased in each of the last 34 quarters, with growth averaging 10.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Property, Plant & Equipment (Net) ranged from 2.1% (fiscal Q2 2023) to 12.9% (fiscal Q3 2025).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $7.42 billion (Q4 2026), $7.18 billion (Q3 2026) and $7.16 billion (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 10.76 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 12.81 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.83 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 5.55 Bn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 7.47 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 3.96 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 4.13 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 1.84 Bn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.08 Bn |
| 10 | Agilent Technologies | 47.29 Bn | 40.18 Bn | 1.04 Bn | 2.13 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.47 Bn |
| Apr 24, 2026 | 7.42 Bn |
| Jan 23, 2026 | 7.18 Bn |
| Oct 24, 2025 | 7.16 Bn |
| Jul 25, 2025 | 7.01 Bn |
| Apr 25, 2025 | 6.84 Bn |
| Jan 24, 2025 | 6.59 Bn |
| Oct 25, 2024 | 6.44 Bn |
| Jul 26, 2024 | 6.28 Bn |
| Apr 26, 2024 | 6.13 Bn |
| Jan 26, 2024 | 5.84 Bn |
| Oct 27, 2023 | 5.74 Bn |
| Jul 28, 2023 | 5.67 Bn |
| Apr 28, 2023 | 5.57 Bn |
| Jan 27, 2023 | 5.44 Bn |
| Oct 28, 2022 | 5.30 Bn |
| Jul 29, 2022 | 5.28 Bn |
| Apr 29, 2022 | 5.41 Bn |
| Jan 28, 2022 | 5.25 Bn |
| Oct 29, 2021 | 5.19 Bn |
Medtronic Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=MDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();