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
DateValue
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