Medtronic (MDT) Total Debt (2014 - 2026)
Medtronic (MDT) posted Total Debt of $28.15 billion for fiscal Q1 2027 (quarter ended Jul 31, 2026), down 1.6% from $28.61 billion a year earlier but up 0.7% from the prior quarter.
Powered by 
Analysis
Medtronic (MDT) Total Debt (2014 - 2026) Analysis & Trends
At the end of FY2026 (ended Apr 24, 2026), Medtronic's Total Debt came in at $27.96 billion, down 1.9% from FY2025.
- Annual Total Debt shows a five-year compound annual growth rate of 1.2% (FY2021 to FY2026).
- In prior fiscal years, Medtronic's Total Debt was $28.52 billion in FY2025 (+14.0%), $25.02 billion in FY2024 (+2.7%), $24.36 billion in FY2023 (+1.0%) and $24.11 billion in FY2022 (-8.6%).
- Quarterly Total Debt has run from a low of $23.21 billion in fiscal Q1 2023 to a high of $29.1 billion in fiscal Q2 2026 over five years.
- On a year-over-year basis, Total Debt increased in six of the last eight quarters, with growth averaging 5.0%.
- The strongest year-over-year quarter for Total Debt in the past five years was fiscal Q4 2025, with growth of 14.0%; the weakest was fiscal Q3 2022, with a decline of 17.0%.
- According to Business Quant data, Total Debt for the three prior fiscal quarters was $27.96 billion (Q4 2026), $28.07 billion (Q3 2026) and $29.1 billion (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 42.55 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 32.61 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 26.56 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 28.15 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 14.94 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 12.62 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 16.81 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 598.70 Mn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 304.00 Mn |
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 |
API Access
Medtronic Total Debt 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=total-debt&ticker=MDT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();