Other Income & Expense

Interest Expense, Borrowings

Medtronic Interest Expense, Borrowings increased by 0.5% to $223.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.4%, from $224.00M to $223.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2025

How to read this metric

Lower interest expense is generally preferred as it improves net income, though it depends on the company's leverage strategy and interest rate environment.

Detailed definition

The cost incurred by the company for the use of borrowed funds, including interest on debt instruments and credit facili...

Peer comparison

Standard metric for assessing the cost of debt across all companies with significant leverage.

Metric ID: is_ms_interest_expense_borrowings

Historical Data

9 periods
 Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25
Value$197.00M$230.00M$237.00M$217.00M$252.00M$224.00M$217.00M$222.00M$223.00M
QoQ Change+16.8%+3.0%-8.4%+16.1%-11.1%-3.1%+2.3%+0.5%
YoY Change+10.2%+9.6%-5.5%+0.0%-11.9%-0.4%
Range$197.00M$252.00M
CAGR+6.4%
Avg YoY Growth+0.3%
Median YoY Growth-0.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Medtronic's interest expense, borrowings?
Medtronic (MDT) reported interest expense, borrowings of $223.00M in Q4 2025.
How has Medtronic's interest expense, borrowings changed year-over-year?
Medtronic's interest expense, borrowings decreased by 0.4% year-over-year, from $224.00M to $223.00M.
What does interest expense, borrowings mean?
The cost of interest paid on the company's debt.