Non-Current Assets

PP&E (Net)

Medtronic PP&E (Net) increased by 0.2% to $7.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.9%, from $6.59B to $7.18B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 7.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.22B$5.16B$5.19B$5.25B$5.41B$5.28B$5.30B$5.44B$5.57B$5.67B$5.74B$5.84B$6.13B$6.28B$6.44B$6.59B$6.84B$7.01B$7.16B$7.18B
QoQ Change-1.1%+0.5%+1.2%+3.1%-2.4%+0.3%+2.6%+2.4%+1.7%+1.2%+1.8%+5.0%+2.5%+2.5%+2.4%+3.7%+2.5%+2.3%+0.2%
YoY Change+3.7%+2.3%+2.1%+3.5%+2.9%+7.3%+8.2%+7.4%+10.1%+10.9%+12.3%+12.9%+11.5%+11.5%+11.3%+8.9%
Range$5.16B$7.18B
CAGR+6.9%
Avg YoY Growth+7.9%
Median YoY Growth+8.6%
Current Streak14 quarters growth

Geographic Breakdown

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Frequently Asked Questions

What is Medtronic's pp&e (net)?
Medtronic (MDT) reported pp&e (net) of $7.18B in Q1 2026.
How has Medtronic's pp&e (net) changed year-over-year?
Medtronic's pp&e (net) increased by 8.9% year-over-year, from $6.59B to $7.18B.
What is the long-term trend for Medtronic's pp&e (net)?
Over 5 years (2020 to 2025), Medtronic's pp&e (net) has grown at a 7.7% compound annual growth rate (CAGR), from $4.94B to $7.16B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.