Medtronic (MDT) Total Debt (2014 - 2026)
Medtronic (MDT) posted Total Debt of $28.0 billion for Q2 2026, little changed sequentially from $28.1 billion in Q1 2026, and down 1.95% YoY from $28.5 billion in Q2 2025.
Medtronic (MDT) Total Debt (2014 - 2026) Analysis & Trends
Medtronic has reported Total Debt for 13 years, with the latest figure at $28.0 billion in Q2 2026.
- Quarterly Total Debt fell 1.95% year-over-year to $28.0 billion in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $28.0 billion (down 1.95% YoY) and the FY2026 annual result came in at $28.0 billion, down 1.95% from the prior year.
- Total Debt held at $28.0 billion in Q2 2026 per MDT's latest filing, from $28.1 billion in the prior quarter.
- Over five years, Total Debt peaked at $29.1 billion in Q4 2025 and troughed at $23.2 billion in Q3 2022.
- A 5-year average of $26.5 billion and a median of $26.6 billion in 2022 frame the typical range for Total Debt.
- The sharpest annual moves came in 2022 and 2025: Total Debt dropped 17.04% in 2022, then rose 13.95% in 2025.
- Over 5 years, Total Debt stood at $26.6 billion in 2022, then slipped by 5.77% to $25.1 billion in 2023, then gained by 12.94% to $28.3 billion in 2024, then increased by 2.73% to $29.1 billion in 2025, then slipped by 3.91% to $28.0 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $28.0 billion, $28.1 billion, and $29.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.61 Bn | 194.01 Bn | 7.27 Bn | 32.61 Bn |
| 2 | Stryker | 127.81 Bn | 124.34 Bn | 4.50 Bn | 14.94 Bn |
| 3 | Medtronic | 119.04 Bn | 109.82 Bn | 6.41 Bn | 27.96 Bn |
| 4 | Boston Scientific | 73.68 Bn | 73.14 Bn | 3.85 Bn | 12.62 Bn |
| 5 | Edwards Lifesciences | 51.96 Bn | 47.71 Bn | 1.35 Bn | 598.70 Mn |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.83 Bn | 31.72 Bn | 2.18 Bn | 10.10 Bn |
| 8 | Koninklijke Philips | 26.36 Bn | 23.04 Bn | 4.55 Bn | 8.68 Bn |
| 9 | Steris | 23.06 Bn | 22.58 Bn | 684.20 Mn | 1.89 Bn |
| 10 | Zimmer Biomet Holdings | 19.25 Bn | 18.84 Bn | 1.54 Bn | 7.48 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 30, 2021 | 25.96 Bn |