Medtronic PLC MDT
88.64
0.13
0.15%
as of 25 Sep
- Market cap
- $112.2B
- P/E
- 21.7×
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Medtronic PLC (MDT) Debt to equity
Medtronic PLC's debt to equity at the end of the quarter to 31 July 2026 was 0.6×, down 0.0× from fiscal 2026 (0.6×). Over the past ten years it has ranged from 0.5× (fiscal 2022) to 0.7× (fiscal 2015); the current reading is higher than 67% of that period. That is above the Medical Devices industry median of 0.1× and above the Healthcare sector median of 0.0×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 0.6× | (5.50%) |
| FY2025 | 0.6× | 19.06% |
| FY2024 | 0.5× | 5.24% |
| FY2023 | 0.5× | 3.10% |
| FY2022 | 0.5× | (10.56%) |
| FY2021 | 0.5× | 4.92% |
| FY2020 | 0.5× | (3.35%) |
| FY2019 | 0.5× | (0.49%) |
| FY2018 | 0.5× | (23.72%) |
| FY2017 | 0.7× | 11.22% |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jul 2026 | 0.6× | (0.86%) |
| Apr 2026 | 0.6× | (2.14%) |
| Jan 2026 | 0.6× | (4.20%) |
| Oct 2025 | 0.6× | 0.20% |
| 43 more quarters | Free account |
Against its own ten years
Low 0.5×
High 0.7×
Ten-year median
0.5×
Current reading's percentile
67
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| EW Edwards Lifesciences Corporation compare | 0.1× |
| STE STERIS plc compare | 0.3× |
| DXCM DexCom, Inc. compare | 0.5× |
| BSX Boston Scientific Corporation compare | 0.5× |
| PHG Koninklijke Philips N.V. compare | 0.6× |
| MDT Medtronic PLC | 0.6× |
| SYK Stryker Corporation compare | 0.6× |
| ABT Abbott Laboratories compare | 0.6× |
| GEHC GE HealthCare Technologies Inc. compare | 1.0× |
| Medical Devices industry median | 0.1× |
| Healthcare sector median | 0.0× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on MDT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement