Medtronic (MDT) Times Interest Earned (2013 - 2026)
Medtronic's (MDT) Times Interest Earned was 9.48 for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 15.5% from 8.21 a year earlier but down 10.9% from the prior quarter.
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Analysis
Medtronic (MDT) Times Interest Earned (2013 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Medtronic's Times Interest Earned came in at 9.37, up 13.0% year-over-year; for FY2026 (ended Apr 24, 2026), it came in at 9.04, up 10.7% from FY2025.
- By fiscal year, Times Interest Earned came in at 8.17 in FY2025 (+14.2%), 7.15 in FY2024 (-17.0%), 8.62 in FY2023 (-17.1%) and 10.40 in FY2022 (+114.6%).
- Five-year quarterly Times Interest Earned spans a low of 5.21 in fiscal Q4 2024 and a high of 12.11 in fiscal Q3 2022.
- Year over year, Times Interest Earned gained in seven of the last eight quarters, with growth averaging 17.4%.
- The high point for year-over-year Times Interest Earned in five years was fiscal Q2 2022 (growth of 480.8%); the low point was fiscal Q4 2024 (a decline of 37.7%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 10.64 (Q4 2026), 8.09 (Q3 2026) and 9.31 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 5.43 |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 3.88 |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 9.22 |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 7.23 |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 8.28 |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | - |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | - |
| 10 | Agilent Technologies | 50.15 Bn | 43.04 Bn | 1.04 Bn | 15.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.48 |
| Apr 24, 2026 | 10.64 |
| Dec 31, 2025 | 8.17 |
| Oct 24, 2025 | 9.31 |
| Jul 25, 2025 | 8.21 |
| Dec 31, 2024 | 7.15 |
| Oct 25, 2024 | 7.63 |
| Jul 26, 2024 | 7.65 |
| Dec 31, 2023 | 8.62 |
| Oct 27, 2023 | 7.44 |
| Jul 28, 2023 | 8.57 |
| Dec 31, 2022 | 10.40 |
| Oct 28, 2022 | 11.90 |
| Jul 29, 2022 | 6.86 |
| Dec 31, 2021 | 4.85 |
| Oct 29, 2021 | 11.49 |
| Jul 30, 2021 | 6.27 |
| Dec 31, 2020 | 4.39 |
| Oct 30, 2020 | 1.98 |
| Jul 31, 2020 | 3.94 |
API Access
Medtronic Times Interest Earned 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=times-interest-earned&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();