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Medtronic MDT Current Debt

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Other financials

Income statement

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Revenue$9.8B+9.9%
Gross profit$6.4B+10.9%
Operating income$1.9B+30.4%
Net income$1.2B+17.8%
EPS (diluted)$0.97+18.3%

Balance sheet

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Cash & equivalents$1.9B-12.1%
Total debt$29.2B-1.6%
Total equity$49.5B+3.0%
Total assets$93.0B+1.5%

Cash flow

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Operating cash flow$2.6B+1.8%
CapEx$488.0M+6.3%
Free cash flow$2.1B+0.8%

Valuation

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Market cap$109.3B-4.8%
Enterprise value$136.56B-4.0%
P/E22.8×-1.9×
P/S-0.4×

Profitability

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Gross margin65%-0.3pp
Operating margin17.8%0.0pp
Net margin13.2%-0.7pp
FCF margin14.9%-0.5pp

Returns & leverage

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Return on equity9.8%+0.4pp
Debt / equity0.6×0.0×
Current ratio2.1×+0.3×

Where this comes from

Reported directly by Medtronic in its filing.

Tagged under the XBRL concept us-gaap:DebtCurrent.

The source filing: Medtronic’s 10-K, filed June 18, 2026.

Filed
Jun 18, 2026, 4:27 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-044354
(in millions, except share amounts)April 24, 2026April 25, 2025
Total assets$93,028$91,680
LIABILITIES AND EQUITY
Current liabilities:
Current debt obligations$1,788$2,874
Accounts payable2,6442,449
Accrued compensation2,6782,514
Accrued income taxes9141,358
Other accrued expenses3,6343,683

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's current debt?
Medtronic (MDT) reported current debt of $1.79B in Q1 2026.
How has Medtronic's current debt changed year-over-year?
Medtronic's current debt decreased by 37.8% year-over-year, from $2.87B to $1.79B.
What is the long-term trend for Medtronic's current debt?
Over 5 years (2021 to 2026), Medtronic's current debt has grown at a 176.8% compound annual growth rate (CAGR), from $11M to $1.79B.
What does current debt mean?
The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.

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