Latest period
$1.90B
YoY change
+2.4%
5Y CAGR
+7.0%
Peak year (2026)
$1.90B
Cumulative CapEx
$26.19B
CapEx history chart for Medtronic (MDT) from 1990 to 2026
Latest: $1.90B
CapEx growth chart for Medtronic (MDT) from 1990 to 2026
Latest: +2.4%
CapEx history table for Medtronic (MDT) from 1990 to 2026
| 2026 | $1.90B | +2.4% | +$45.00M | ||
| 2025 | $1.86B | +17.1% | +$272.00M | ||
| 2024 | $1.59B | +8.8% | +$128.00M | ||
| 2023 | $1.46B | +6.7% | +$91.00M | ||
| 2022 | $1.37B | +1.0% | +$13.00M | ||
| 2021 | $1.35B | +11.7% | +$142.00M | ||
| 2020 | $1.21B | +7.0% | +$79.00M | ||
| 2019 | $1.13B | +6.2% | +$66.00M | ||
| 2018 | $1.07B | -14.8% | −$186.00M | ||
| 2017 | $1.25B | +19.9% | +$208.00M | ||
| 2016 | $1.05B | +83.2% | +$475.00M | ||
| 2015 | $571.00M | +44.2% | +$175.00M | ||
| 2014 | $396.00M | -13.3% | −$61.00M | ||
| 2013 | $457.00M | -13.4% | −$71.00M | ||
| 2012 | $528.00M | -3.6% | −$20.00M | ||
| 2011 | $548.00M | -13.7% | −$87.00M | ||
| 2010 | $635.00M | -4.2% | −$28.00M | ||
| 2009 | $663.00M | +9.4% | +$57.00M | ||
| 2008 | $606.00M | -12.7% | −$88.00M | ||
| 2007 | $694.00M | -44.2% | −$550.20M | ||
| 2006 | $1.24B | +175.3% | +$792.20M | ||
| 2005 | $452.00M | +6.5% | +$27.40M | ||
| 2004 | $424.60M | +11.6% | +$44.20M | ||
| 2003 | $380.40M | -1.6% | −$6.00M | ||
| 2002 | $386.40M | -12.1% | −$53.30M | ||
| 2001 | $439.70M | +28.5% | +$97.60M | ||
| 2000 | $342.10M | -72.5% | −$901.70M | ||
| 1999 | $1.24B | +739.3% | +$1.10B | ||
| 1998 | $148.20M | -22.1% | −$42.00M | ||
| 1997 | $190.20M | +16.1% | +$26.40M | ||
| 1996 | $163.80M | +69.0% | +$66.90M | ||
| 1995 | $96.90M | +59.4% | +$36.10M | ||
| 1994 | $60.80M | -21.1% | −$16.30M | ||
| 1993 | $77.10M | -0.1% | −$100.00K | ||
| 1992 | $77.20M | +17.3% | +$11.40M | ||
| 1991 | $65.80M | +19.0% | +$10.50M | ||
| 1990 | $55.30M | — | — |
- 2026$1.90B+2.4%
- 2025$1.86B+17.1%
- 2024$1.59B+8.8%
- 2023$1.46B+6.7%
- 2022$1.37B+1.0%
- 2021$1.35B+11.7%
- 2020$1.21B+7.0%
- 2019$1.13B+6.2%
- 2018$1.07B-14.8%
- 2017$1.25B+19.9%
- 2016$1.05B+83.2%
- 2015$571.00M+44.2%
- 2014$396.00M-13.3%
- 2013$457.00M-13.4%
- 2012$528.00M-3.6%
- 2011$548.00M-13.7%
- 2010$635.00M-4.2%
- 2009$663.00M+9.4%
- 2008$606.00M-12.7%
- 2007$694.00M-44.2%
- 2006$1.24B+175.3%
- 2005$452.00M+6.5%
- 2004$424.60M+11.6%
- 2003$380.40M-1.6%
- 2002$386.40M-12.1%
- 2001$439.70M+28.5%
- 2000$342.10M-72.5%
- 1999$1.24B+739.3%
- 1998$148.20M-22.1%
- 1997$190.20M+16.1%
- 1996$163.80M+69.0%
- 1995$96.90M+59.4%
- 1994$60.80M-21.1%
- 1993$77.10M-0.1%
- 1992$77.20M+17.3%
- 1991$65.80M+19.0%
- 1990$55.30M—
CapEx values are taken from Medtronic's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Medtronic (MDT)
According to Medtronic's latest reported financial statements, the company's current CapEx (TTM) is $1.90B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2026, Medtronic (MDT) CapEx totalled $1.90B – edged up 2.4% year-over-year.
Over 2021–2026 (5 years), Medtronic CapEx expanded at a +7.0% compound annual rate, sustaining 8 straight years of year-over-year growth.
The record annual CapEx stands at $1.90B, reached in 2026; the historical low of $55.30M was recorded in 1990.
Medtronic Capital Expenditures by Year
Medtronic Capital Expenditures 2026: $1.90B
Medtronic CapEx in 2026 was $1.90B, edged up 2.4% from 2025. This figure represents the highest annual value in the available history.
Medtronic Capital Expenditures 2025: $1.86B
2025's CapEx for Medtronic came in at $1.86B, grew 17.1% from 2024.
Medtronic Capital Expenditures 2024: $1.59B
Medtronic posted CapEx of $1.59B in 2024, grew 8.8% from 2023.
Medtronic Capital Expenditures 2023: $1.46B
In 2023, Medtronic reported CapEx of $1.46B, grew 6.7% from 2022.
Medtronic Capital Expenditures 2022: $1.37B
Medtronic CapEx in 2022 was $1.37B.
See more financial history for Medtronic (MDT).
Sector peers by CapEx
Healthcare peers of Medtronic (MDT), ranked by their latest CapEx
| $14.05B | |
| $7.84B | |
| $4.83B | |
| $4.11B | |
| $3.62B | |
| $2.81B | |
| $1.86B | |
| $1.21B |
- $14.05B
- $7.84B
- $4.83B
- $4.11B
- $3.62B
- $2.81B
- $1.86B
- $1.21B
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