Medtronic (MDT) Total Debt (2014 - 2026)
Medtronic's (MDT) quarterly Total Debt came in at $28.1 billion in Q1 2026, up 5.5% year-on-year from $26.6 billion in Q1 2025, and down 3.54% quarter-over-quarter from $29.1 billion in Q4 2025.
Medtronic (MDT) Total Debt (2014 - 2026) Analysis & Trends
Medtronic has disclosed Total Debt across 13 years of filings, most recently posting $28.1 billion for Q1 2026.
- Total Debt for Q1 2026 came in at $28.1 billion, up 5.5% year-over-year; the trailing twelve-month figure through Jan 2026 was $28.1 billion (up 5.5% YoY), and the FY2025 annual result was $28.5 billion, up 13.95% from the prior year.
- Total Debt came in at $28.1 billion for Q1 2026 at Medtronic, down from $29.1 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.
- The 5-year median for Total Debt is $26.6 billion (2025), against an average of $26.4 billion.
- Across the five-year window, Total Debt decreased 17.04% in 2022 and grew 13.95% in 2025, its largest moves.
- Medtronic's 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 3.54% to $28.1 billion in 2026.
- The last three Total Debt figures came in at $28.1 billion (Q1 2026), $29.1 billion (Q4 2025), and $28.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 34.05 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 14.72 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 28.07 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 11.03 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 598.50 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 9.48 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 10.13 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 1.93 Bn |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 7.47 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 25.96 Bn |
| Apr 30, 2021 | 26.39 Bn |