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Medtronic MDT Long-Term 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:LongTermDebtAndCapitalLeaseObligations.

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
Accrued income taxes9141,358
Other accrued expenses3,6343,683
Total current liabilities11,65812,879
Long-term debt26,17325,642
Accrued compensation and retirement benefits1,1931,158
Accrued income taxes1,5151,574
Deferred tax liabilities362403
Other liabilities2,0551,769

Item 8. Financial Statements and Supplementary Data

FAQ

What is Medtronic's long-term debt?
Medtronic (MDT) reported long-term debt of $26.17B in Q1 2026.
How has Medtronic's long-term debt changed year-over-year?
Medtronic's long-term debt increased by 2.1% year-over-year, from $25.64B to $26.17B.
What is the long-term trend for Medtronic's long-term debt?
Over 5 years (2021 to 2026), Medtronic's long-term debt has grown at a -0.2% compound annual growth rate (CAGR), from $26.38B to $26.17B.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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