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 | 182.32 Bn | 175.02 Bn | 6.27 Bn | 34.05 Bn |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 14.72 Bn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 27.96 Bn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 11.03 Bn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 598.50 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | - |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 10.14 Bn |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | 3.18 Bn |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 9.48 Bn |
| 10 | Steris | 21.47 Bn | 21.03 Bn | 697.10 Mn | 1.93 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 |