Medtronic (MDT) Total Debt (2014 - 2026)
Medtronic's (MDT) quarterly Total Debt came in at $28.2 billion in Q3 2026, down 1.59% year-over-year from $28.6 billion in Q3 2025, and up 0.69% quarter-over-quarter from $28.0 billion in Q2 2026.
Analysis
Medtronic (MDT) Total Debt (2014 - 2026) Analysis & Trends
Medtronic has disclosed Total Debt across 13 years of filings, most recently posting $28.2 billion for Q3 2026.
- In Q3 2026, Total Debt fell 1.59% year-over-year to $28.2 billion; the TTM figure through Jul 2026 stood at $28.2 billion (down 1.59% YoY), while the FY2026 annual figure was $28.0 billion, down 1.95% from the prior year.
- Total Debt came in at $28.2 billion for Q3 2026 at Medtronic, up from $28.0 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $29.1 billion in Q4 2025 to a low of $23.2 billion in Q3 2022.
- Average Total Debt over 5 years is $26.6 billion, with a median of $26.6 billion recorded in 2022.
- Year-over-year, Total Debt slipped 17.04% in 2022 and increased 13.95% in 2025.
- Over 5 years, Total Debt stood at $26.6 billion in 2022, then retreated by 5.77% to $25.1 billion in 2023, then increased by 12.94% to $28.3 billion in 2024, then climbed by 2.73% to $29.1 billion in 2025, then fell by 3.25% to $28.2 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $28.2 billion in Q3 2026, $28.0 billion in Q2 2026, and $28.1 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 32.61 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | - |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 28.15 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 14.94 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 12.62 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 598.70 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 4.15 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | - |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 2.14 Bn |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 7.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.15 Bn |
| Apr 24, 2026 | 27.96 Bn |
| Jan 23, 2026 | 28.07 Bn |
| Oct 24, 2025 | 29.10 Bn |
| Jul 25, 2025 | 28.61 Bn |
| Apr 25, 2025 | 28.52 Bn |
| Jan 24, 2025 | 26.61 Bn |
| Oct 25, 2024 | 28.33 Bn |
| Jul 26, 2024 | 27.87 Bn |
| Apr 26, 2024 | 25.02 Bn |
| Jan 26, 2024 | 25.18 Bn |
| Oct 27, 2023 | 25.08 Bn |
| Jul 28, 2023 | 24.98 Bn |
| Apr 28, 2023 | 24.36 Bn |
| Jan 27, 2023 | 28.13 Bn |
| Oct 28, 2022 | 26.62 Bn |
| Jul 29, 2022 | 23.21 Bn |
| Apr 29, 2022 | 24.11 Bn |
| Jan 28, 2022 | 25.16 Bn |
| Oct 29, 2021 | 25.62 Bn |