Discontinued — last reported Q4 '25

Business Segments · Depreciation expense

Medical Surgical — Depreciation expense

Medtronic Medical Surgical — Depreciation expense increased by 17.0% to $62.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.6%, from $51.00M to $62.00M. Over 2 years (FY 2021 to FY 2023), Medical Surgical — Depreciation expense shows relatively stable performance with a 1.8% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ2 2018
Last reportedQ4 2025

How to read this metric

An increase often signals significant capital investment in new production capacity or technology, whereas a decrease may indicate aging infrastructure or reduced capital expenditure cycles.

Detailed definition

This metric represents the systematic allocation of the cost of tangible assets, such as manufacturing equipment and pro...

Peer comparison

Standard across all capital-intensive manufacturing industries; comparable to depreciation charges reported in the segment notes of other medical technology firms.

Metric ID: mdt_segment_medical_surgical_depreciation_expense

Historical Data

15 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25
Value$48.75M$50.00M$50.00M$50.00M$50.00M$50.50M$50.50M$50.50M$50.50M$49.00M$51.00M$51.00M$54.00M$53.00M$62.00M
QoQ Change+2.6%+0.0%+0.0%+0.0%+1.0%+0.0%+0.0%+0.0%-3.0%+4.1%+0.0%+5.9%-1.9%+17.0%
YoY Change+2.6%+1.0%+1.0%+1.0%+1.0%+10.2%+3.9%+21.6%
Range$48.75M$62.00M
CAGR+7.1%
Avg YoY Growth+5.3%
Median YoY Growth+1.8%

Frequently Asked Questions

What is Medtronic's medical surgical — depreciation expense?
Medtronic (MDT) reported medical surgical — depreciation expense of $62.00M in Q4 2025.
How has Medtronic's medical surgical — depreciation expense changed year-over-year?
Medtronic's medical surgical — depreciation expense increased by 21.6% year-over-year, from $51.00M to $62.00M.
What is the long-term trend for Medtronic's medical surgical — depreciation expense?
Over 2 years (2021 to 2023), Medtronic's medical surgical — depreciation expense has grown at a 1.8% compound annual growth rate (CAGR), from $195.00M to $202.00M.
What does medical surgical — depreciation expense mean?
The portion of the cost of physical assets like machinery and buildings allocated as an expense for the medical surgical segment during the period.