Medtronic (MDT) Times Interest Earned (2014 - 2026)
Medtronic's (MDT) quarterly Times Interest Earned came in at 9.48 in Q3 2026, up 15.51% year-over-year from 8.21 in Q3 2025, and down 10.88% quarter-over-quarter from 10.64 in Q2 2026.
Analysis
Medtronic (MDT) Times Interest Earned (2014 - 2026) Analysis & Trends
Medtronic has disclosed Times Interest Earned across 13 years of filings, most recently posting 9.48 for Q3 2026.
- In Q3 2026, Times Interest Earned rose 15.51% year-over-year to 9.48; the TTM figure through Jul 2026 stood at 9.37 (up 13.01% YoY), while the FY2026 annual figure was 9.04, up 10.72% from the prior year.
- Times Interest Earned came in at 9.48 for Q3 2026 at Medtronic, down from 10.64 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of 12.11 in Q1 2022 to a low of 5.21 in Q2 2024.
- Average Times Interest Earned over 5 years is 8.78, with a median of 8.34 recorded in 2023.
- Year-over-year, Times Interest Earned plunged 37.71% in 2024 and soared 58.32% in 2025.
- Over 5 years, Times Interest Earned stood at 11.9 in 2022, then slumped by 37.43% to 7.44 in 2023, then increased by 2.51% to 7.63 in 2024, then climbed by 22.06% to 9.31 in 2025, then advanced by 1.81% to 9.48 in 2026.
- Per Business Quant data, the three most recent Times Interest Earned figures were 9.48 in Q3 2026, 10.64 in Q2 2026, and 8.09 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.79 Bn | 179.19 Bn | 7.27 Bn | 4.82 |
| 2 | Intuitive Surgical | 124.38 Bn | 119.16 Bn | 1.96 Bn | - |
| 3 | Medtronic | 118.45 Bn | 109.63 Bn | 6.34 Bn | 9.48 |
| 4 | Stryker | 105.32 Bn | 101.84 Bn | 4.50 Bn | 11.77 |
| 5 | Boston Scientific | 66.71 Bn | 66.17 Bn | 3.85 Bn | 12.27 |
| 6 | Edwards Lifesciences | 49.81 Bn | 45.56 Bn | 1.35 Bn | - |
| 7 | Alcon | 34.03 Bn | 32.58 Bn | 1.68 Bn | 0.21 |
| 8 | Dexcom | 32.35 Bn | 30.40 Bn | 830.00 Mn | - |
| 9 | Steris | 21.17 Bn | 20.68 Bn | 684.20 Mn | 18.09 |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.48 |
| Apr 24, 2026 | 10.64 |
| Jan 23, 2026 | 8.09 |
| Oct 24, 2025 | 9.31 |
| Jul 25, 2025 | 8.21 |
| Apr 25, 2025 | 8.25 |
| Jan 24, 2025 | 9.20 |
| Oct 25, 2024 | 7.63 |
| Jul 26, 2024 | 7.65 |
| Apr 26, 2024 | 5.21 |
| Jan 26, 2024 | 7.89 |
| Oct 27, 2023 | 7.44 |
| Jul 28, 2023 | 8.57 |
| Apr 28, 2023 | 8.37 |
| Jan 27, 2023 | 8.34 |
| Oct 28, 2022 | 11.90 |
| Jul 29, 2022 | 6.86 |
| Apr 29, 2022 | 11.69 |
| Jan 28, 2022 | 12.11 |
| Oct 29, 2021 | 11.49 |