Medtronic MDT
NYSE MDT
$92.53 +0.14 (+0.15%)
As of: Sep 9, 2026 · 11:52 AM EDT

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

Historic Data

Download Data
DateValue
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