Discontinued — last reported Q3 '26
Business Segments · Goodwill
Cardiovascular — Goodwill
Medtronic Cardiovascular — Goodwill increased by 0.1% to $8.04B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $7.93B to $8.04B. Over 3 years (FY 2022 to FY 2025), Cardiovascular — Goodwill shows an upward trend with a 3.4% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2026Feb 24, 2026
Rolls up toGoodwill
How to read this metric
A significant increase suggests active M&A activity, while a decrease may signal impairment charges due to underperforming acquisitions.
Detailed definition
This represents the intangible asset value recorded when the company acquires other businesses or technologies within th...
Peer comparison
Comparable to goodwill balances in the medical device segments of companies that grow through frequent acquisitions.
Metric ID:
mdt_segment_cardiovascular_goodwillHistorical Data
20 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.21B | $7.22B | $7.26B | $7.23B | $7.16B | $7.17B | $7.78B | $7.87B | $7.87B | $7.88B | $7.85B | $7.91B | $7.97B | $7.98B | $7.97B | $7.93B | $8.02B | $8.05B | $8.03B | $8.04B |
| QoQ Change | — | +0.1% | +0.6% | -0.4% | -1.0% | +0.1% | +8.6% | +1.2% | -0.0% | +0.1% | -0.4% | +0.7% | +0.8% | +0.1% | -0.1% | -0.5% | +1.1% | +0.3% | -0.2% | +0.1% |
| YoY Change | — | — | — | — | -0.7% | -0.7% | +7.2% | +8.9% | +10.0% | +10.0% | +0.8% | +0.4% | +1.2% | +1.2% | +1.5% | +0.3% | +0.6% | +0.9% | +0.7% | +1.4% |
Range$7.16B – $8.05B
CAGR+2.3%
Avg YoY Growth+2.7%
Median YoY Growth+1.0%
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Frequently Asked Questions
- What is Medtronic's cardiovascular — goodwill?
- Medtronic (MDT) reported cardiovascular — goodwill of $8.04B in Q4 2025.
- How has Medtronic's cardiovascular — goodwill changed year-over-year?
- Medtronic's cardiovascular — goodwill increased by 1.4% year-over-year, from $7.93B to $8.04B.
- What is the long-term trend for Medtronic's cardiovascular — goodwill?
- Over 3 years (2022 to 2025), Medtronic's cardiovascular — goodwill has grown at a 3.4% compound annual growth rate (CAGR), from $28.87B to $31.89B.
- What does cardiovascular — goodwill mean?
- The value of intangible assets like brand reputation and synergies acquired through cardiovascular business purchases.