Medtronic (MDT) Total Debt (2014 - 2026)

Medtronic (MDT) reported Total Debt of $28.0 billion for Q2 2026, down 1.95% on a YoY basis from $28.5 billion in Q2 2025, and little changed sequentially from $28.1 billion in Q1 2026.

Medtronic (MDT) Total Debt (2014 - 2026) Analysis & Trends

Medtronic (MDT) has 13 years of Total Debt data on file, last reported at $28.0 billion in Q2 2026.

  • For the quarter ending Q2 2026, Total Debt fell 1.95% year-over-year to $28.0 billion; the trailing twelve-month figure through Apr 2026 stood at $28.0 billion (down 1.95% YoY), and the FY2026 full-year result was $28.0 billion, down 1.95% from the prior year.
  • Total Debt held at $28.0 billion in Q2 2026, from $28.1 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.
  • A 5-year average of $26.5 billion and a median of $26.6 billion in 2022 frame the typical range for Total Debt.
  • Across the five-year window, Total Debt decreased 17.04% in 2022 and grew 13.95% in 2025, its largest moves.
  • Tracing MDT's Total Debt over 5 years: stood at $26.6 billion in 2022, then fell by 5.77% to $25.1 billion in 2023, then grew by 12.94% to $28.3 billion in 2024, then advanced by 2.73% to $29.1 billion in 2025, then fell by 3.91% to $28.0 billion in 2026.
  • Business Quant data shows MDT's Total Debt at $28.0 billion in Q2 2026, $28.1 billion in Q1 2026, and $29.1 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 34.05 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 14.72 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 27.96 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 11.03 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 598.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn -
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 9.48 Bn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 10.14 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - 3.18 Bn
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 1.93 Bn

Historic Data

Download Data
DateValue
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