Latest period
$28B
YoY change
-1.9%
5Y CAGR
+1.2%
Peak year (FY2015)
$36.1B
Latest annual
$28B
Total Debt history chart for Medtronic (MDT) from 2017 to 2026
Latest: $28B
Total Debt growth chart for Medtronic (MDT) from 2017 to 2026
Latest: -1.9%
Total Debt history table for Medtronic (MDT) from 1986 to 2026
| FY2026 | $28B | -1.9% | -$555M | ||
| FY2025 | $28.5B | +14.0% | +$3.49B | ||
| FY2024 | $25B | +2.7% | +$660M | ||
| FY2023 | $24.4B | +1.0% | +$250M | ||
| FY2022 | $24.1B | -8.6% | -$2.28B | ||
| FY2021 | $26.4B | +6.4% | +$1.59B | ||
| FY2020 | $24.8B | -2.0% | -$518M | ||
| FY2019 | $25.3B | -1.7% | -$448M | ||
| FY2018 | $25.8B | -22.9% | -$7.64B | ||
| FY2017 | $33.4B | +7.7% | +$2.39B | ||
| FY2016 | $31B | -14.1% | -$5.09B | ||
| FY2015 | $36.1B | +204.1% | +$24.2B | ||
| FY2014 | $11.9B | +11.8% | +$1.26B | ||
| FY2013 | $10.6B | +1.4% | +$149M | ||
| FY2012 | $10.5B | +8.4% | +$809M | ||
| FY2011 | $9.66B | +1.4% | +$138M | ||
| FY2010 | $9.52B | +40.5% | +$2.74B | ||
| FY2009 | $6.78B | -2.6% | -$181M | ||
| FY2008 | $6.96B | +14.3% | +$869M | ||
| FY2007 | $6.09B | -23.2% | -$1.84B | ||
| FY2006 | $7.92B | +223.1% | +$5.47B | ||
| FY2005 | $2.45B | +3.9% | +$92.7M | ||
| FY2004 | $2.36B | -0.3% | -$6.3M | ||
| FY2003 | $2.37B | -6.3% | -$160M | ||
| FY2002 | $2.53B | +1491.4% | +$2.37B | ||
| FY2001 | $159M | -52.2% | -$173M | ||
| FY2000 | $332M | +26.5% | +$69.5M | ||
| FY1999 | $263M | +36.8% | +$70.6M | ||
| FY1998 | $192M | +59.5% | +$71.6M | ||
| FY1997 | $120M | +58.8% | +$44.6M | ||
| FY1996 | $75.8M | +58.9% | +$28.1M | ||
| FY1995 | $47.7M | -39.2% | -$30.7M | ||
| FY1994 | $78.4M | -23.7% | -$24.4M | ||
| FY1993 | $103M | +15.2% | +$13.6M | ||
| FY1992 | $89.2M | -9.7% | -$9.6M | ||
| FY1991 | $98.8M | +4.8% | +$4.5M | ||
| FY1990 | $94.3M | +18.0% | +$14.4M | ||
| FY1989 | $79.9M | +33.4% | +$20M | ||
| FY1988 | $59.9M | +60.2% | +$22.5M | ||
| FY1987 | $37.4M | -19.7% | -$9.2M | ||
| FY1986 | $46.6M | — | — |
- FY2026$28B-1.9%
- FY2025$28.5B+14.0%
- FY2024$25B+2.7%
- FY2023$24.4B+1.0%
- FY2022$24.1B-8.6%
- FY2021$26.4B+6.4%
- FY2020$24.8B-2.0%
- FY2019$25.3B-1.7%
- FY2018$25.8B-22.9%
- FY2017$33.4B+7.7%
- FY2016$31B-14.1%
- FY2015$36.1B+204.1%
- FY2014$11.9B+11.8%
- FY2013$10.6B+1.4%
- FY2012$10.5B+8.4%
- FY2011$9.66B+1.4%
- FY2010$9.52B+40.5%
- FY2009$6.78B-2.6%
- FY2008$6.96B+14.3%
- FY2007$6.09B-23.2%
- FY2006$7.92B+223.1%
- FY2005$2.45B+3.9%
- FY2004$2.36B-0.3%
- FY2003$2.37B-6.3%
- FY2002$2.53B+1491.4%
- FY2001$159M-52.2%
- FY2000$332M+26.5%
- FY1999$263M+36.8%
- FY1998$192M+59.5%
- FY1997$120M+58.8%
- FY1996$75.8M+58.9%
- FY1995$47.7M-39.2%
- FY1994$78.4M-23.7%
- FY1993$103M+15.2%
- FY1992$89.2M-9.7%
- FY1991$98.8M+4.8%
- FY1990$94.3M+18.0%
- FY1989$79.9M+33.4%
- FY1988$59.9M+60.2%
- FY1987$37.4M-19.7%
- FY1986$46.6M—
Total Debt values are taken from Medtronic's reported balance sheets (interim 6-K and annual 20-F 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 Total Debt at Medtronic (MDT)
According to Medtronic's latest reported financial statements, the company's latest reported total debt is $28B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Medtronic (MDT) most recent annual total debt stands at $28B (2026) – edged down 1.9% year-over-year.
Medtronic total debt compound annual growth for the 2021–2026 (5 years) window is +1.2%, with mixed annual results across the window.
The highest annual total debt of $36.1B was reported in 2015. The lowest in the available history was $37.4M in 1987.
Medtronic Total Debt by Year
Medtronic Total Debt 2026: $28B
In 2026, Medtronic reported total debt of $28B, edged down 1.9% below 2025.
Medtronic Total Debt 2025: $28.5B
Medtronic total debt in 2025 was $28.5B, grew 14.0% from 2024.
Medtronic Total Debt 2024: $25B
2024's total debt for Medtronic came in at $25B, edged up 2.7% from 2023.
Medtronic Total Debt 2023: $24.4B
Medtronic posted total debt of $24.4B in 2023, edged up 1.0% from 2022.
Medtronic Total Debt 2022: $24.1B
Medtronic total debt in 2022 was $24.1B.
See more financial history for Medtronic (MDT).
Sector peers by Total Debt
Healthcare peers of Medtronic (MDT), ranked by their latest total debt
| $78.4B | |
| $69.1B | |
| $54.6B | |
| $50.5B | |
| $47.9B | |
| $42.5B | |
| $40.9B | |
| $20.6B |
- $78.4B
- $69.1B
- $54.6B
- $50.5B
- $47.9B
- $42.5B
- $20.6B
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