Medtronic PLC
MDT Healthcare Medical Devices
Medtronic PLC’s revenue for fiscal 2026 (year ended April 2026) was $36.4 billion, up 8.43% from fiscal 2025. In the quarter to July 2026, revenue grew 13.7%, EPS grew 42.0%, free cash flow grew 120.9% and total debt fell 1.59%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three, operating cash flow growth for three.
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Medtronic PLC (MDT) Total debt
Medtronic PLC's total debt at the end of fiscal 2026 was $28.0B, unchanged from fiscal 2025. At the end of the quarter to 31 July 2026 it was $28.2B. Over the past ten years it has ranged from $24.1B (fiscal 2022) to $36.2B (fiscal 2015); the current reading is higher than 67% of that period. Medtronic PLC ranks 2nd of 147 Medical Devices companies by total debt.
Total debt, annual
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Annual newest first
| Period | Total debt | Change |
|---|---|---|
| FY2026 | $28.0B | (1.95%) |
| FY2025 | $28.5B | 13.95% |
| FY2024 | $25.0B | 2.71% |
| FY2023 | $24.4B | 1.04% |
| FY2022 | $24.1B | (8.62%) |
| FY2021 | $26.4B | 6.42% |
| FY2020 | $24.8B | (2.08%) |
| FY2019 | $25.3B | (1.68%) |
| FY2018 | $25.8B | (22.98%) |
| FY2017 | $33.4B | 7.52% |
Quarterly newest first
| Period | Total debt | Change |
|---|---|---|
| Jul 2026 | $28.2B | 0.69% |
| Apr 2026 | $28.0B | (0.39%) |
| Jan 2026 | $28.1B | (3.54%) |
| Oct 2025 | $29.1B | 1.72% |
| 43 more quarters | Free account |
Against its own ten years
Total debt against peers
| Company | Total debt |
|---|---|
| ABT Abbott Laboratories compare | $32.6B |
| MDT Medtronic PLC | $28.2B |
| SYK Stryker Corporation compare | $14.9B |
| BSX Boston Scientific Corporation compare | $12.6B |
| GEHC GE HealthCare Technologies Inc. compare | $11.5B |
| PHG Koninklijke Philips N.V. compare | $7.3B |
| STE STERIS plc compare | $1.9B |
| DXCM DexCom, Inc. compare | $1.2B |
| EW Edwards Lifesciences Corporation compare | $598.7M |
What Total debt is
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
Long Term Debt (Total) + Current Part of Debt
More on MDT
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement