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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Growth Flags show if company had growth for consecutive years

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

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

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)

The full definition of Debt to equity →

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