MDT
Medtronic plc (MDT)
Last Price$94.32.5%
Market Cap$120.9B
LTM Gross margin
52.7%
5Y avg
64.8%
Medical - Devices industry median
55.5%
Stock quality & Intrinsic value
6/10
0.2% undervalued

Medtronic plc Gross margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
MDT
Healthcare
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Apr'05Apr'06Apr'07Apr'08Apr'09Apr'10Apr'11Apr'12Apr'13Apr'14Apr'15Apr'16Apr'17Apr'18Apr'19Apr'20Apr'21Apr'22Apr'23Apr'24
Gross margin
75.7%
75.1%
74.2%
74.5%
75.9%
75.9%
75.4%
76.0%
75.1%
74.5%
68.9%
68.3%
68.7%
69.8%
70.0%
67.4%
65.2%
68.0%
65.7%
65.3%
MDT
Key metrics and insights to make informed decisions.
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Medtronic plc (MDT) Gross margin comparison analysis

MDT key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Apr'05Apr'06Apr'07Apr'08Apr'09Apr'10Apr'11Apr'12Apr'13Apr'14Apr'15Apr'16Apr'17Apr'18Apr'19Apr'20Apr'21Apr'22Apr'23Apr'24
% growth
10,054.6
10.6%
11,292.0
12.3%
12,299.0
8.9%
13,515.0
9.9%
14,599.0
8.0%
15,817.0
8.3%
15,933.0
0.7%
16,184.0
1.6%
16,590.0
2.5%
17,005.0
2.5%
20,261.0
19.1%
28,833.0
42.3%
29,710.0
3.0%
29,953.0
0.8%
30,557.0
2.0%
28,913.0
(5.4%)
30,117.0
4.2%
31,686.0
5.2%
31,227.0
(1.4%)
32,364.0
3.6%
Cost of Goods Sold (COGS)2,446.42,815.33,168.03,446.03,518.03,812.03,912.03,889.04,126.04,333.06,309.09,142.09,291.09,055.09,155.09,424.010,483.010,145.010,719.011,216.0
% margin
7,608.2
75.7%
8,476.7
75.1%
9,131.0
74.2%
10,069.0
74.5%
11,081.0
75.9%
12,005.0
75.9%
12,021.0
75.4%
12,295.0
76.0%
12,464.0
75.1%
12,672.0
74.5%
13,952.0
68.9%
19,691.0
68.3%
20,419.0
68.7%
20,898.0
69.8%
21,402.0
70.0%
19,489.0
67.4%
19,634.0
65.2%
21,541.0
68.0%
20,508.0
65.7%
21,148.0
65.3%
Operating Expenses4,164.94,772.35,392.05,982.06,903.07,740.07,041.07,899.07,694.07,854.09,395.013,731.014,106.014,555.014,770.014,267.014,739.015,633.014,678.016,129.0
Research & Development Expenses (R&D)951.31,112.91,239.01,275.01,355.01,483.01,508.01,490.01,557.01,477.01,640.02,224.02,193.02,253.02,330.02,331.02,493.02,746.02,696.02,735.0
Selling, General & Administrative Expenses (SG&A)3,213.63,659.44,153.04,707.05,152.05,789.05,533.06,074.05,698.05,847.06,904.09,469.09,711.09,974.010,418.010,109.010,148.010,292.010,415.010,736.0
2,543.5
25.3%
3,161.3
28.0%
3,515.0
28.6%
2,885.0
21.3%
2,811.0
19.3%
4,371.0
27.6%
4,173.0
26.2%
4,696.0
29.0%
4,639.0
28.0%
4,084.0
24.0%
3,766.0
18.6%
5,291.0
18.4%
5,330.0
17.9%
6,651.0
22.2%
6,268.0
20.5%
4,791.0
16.6%
4,484.0
14.9%
5,752.0
18.2%
5,485.0
17.6%
5,144.0
15.9%
Interest Income0.00.00.0364.0188.0156.0172.0200.0237.0271.0386.0431.0366.0397.01,444.0300.0192.0367.0386.00.0
Interest Expense0.00.00.0255.0217.0246.0450.0149.0388.0379.0666.01,386.01,094.01,146.01,444.01,092.0925.0553.0636.0719.0
Pre-tax Income2,543.53,161.33,515.02,885.02,594.03,969.03,723.04,145.04,251.03,705.03,486.04,336.04,602.05,675.05,197.04,055.03,895.05,517.05,364.04,837.0
% effective tax rate
739.6
29.1%
614.6
19.4%
713.0
20.3%
654.0
22.7%
425.0
16.4%
870.0
21.9%
627.0
16.8%
730.0
17.6%
784.0
18.4%
640.0
17.3%
811.0
23.3%
798.0
18.4%
578.0
12.6%
2,580.0
45.5%
547.0
10.5%
(751.0)
(18.5%)
265.0
6.8%
456.0
8.3%
1,580.0
29.5%
1,133.0
23.4%
% margin
1,803.9
17.9%
2,546.7
22.6%
2,802.0
22.8%
2,231.0
16.5%
2,169.0
14.9%
3,099.0
19.6%
3,096.0
19.4%
3,617.0
22.3%
3,467.0
20.9%
3,065.0
18.0%
2,675.0
13.2%
3,538.0
12.3%
4,028.0
13.6%
3,104.0
10.4%
4,631.0
15.2%
4,789.0
16.6%
3,606.0
12.0%
5,039.0
15.9%
3,758.0
12.0%
3,676.0
11.4%
EPS1.492.112.441.971.852.802.873.433.403.062.442.512.922.293.443.572.683.752.832.77
Diluted EPS1.482.092.411.951.842.792.863.413.373.022.412.482.892.273.413.542.663.732.822.76
% margin
3,061.9
30.5%
4,172.8
37.0%
4,322.0
35.1%
3,631.0
26.9%
3,510.0
24.0%
5,143.0
32.5%
5,058.0
31.7%
5,327.0
32.9%
5,538.0
33.4%
5,645.0
33.2%
6,278.0
31.0%
8,539.0
29.6%
9,027.0
30.4%
9,189.0
30.7%
9,368.0
30.7%
7,825.0
27.1%
8,192.0
27.2%
9,554.0
30.2%
8,475.0
27.1%
8,203.0
25.3%

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FAQ

1) What is Medtronic plc's Gross margin?

As of today, Microsoft Corp's last 12-month Gross margin is 52.7%, based on the financial report for Jan 24, 2025 (Q1’2025). The average annual Gross margin for Medtronic plc have been 64.3% over the past three years, and 68.0% over the past five years.

2) Is Medtronic plc's Gross margin Good?

As of today, Medtronic plc's Gross margin is 52.7%, which is lower than industry median of 55.5%. It indicates that Medtronic plc's Gross margin is Bad.

3) How does Medtronic plc's Gross margin compare to its peers?

As of today, Medtronic plc's Gross margin is 52.7%, which is lower than peer median of 63.5%. The list of peers includes EW, PODD, ALGN, BSX, ZBH, SYK, DXCM, ABT, STE, PHG.