Medtronic MDT
NYSE MDT
$91.89 -0.50 (-0.54%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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