MDT
Medtronic plc (MDT)
Last Price$94.32.5%
Market Cap$120.9B
LTM Net Income margin
12.8%
5Y avg
13.6%
Medical - Devices industry median
(40.8%)
Stock quality & Intrinsic value
6/10
0.2% undervalued

Medtronic plc Net Income 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
Net Income margin
17.9%
22.6%
22.8%
16.5%
14.9%
19.6%
19.4%
22.3%
20.9%
18.0%
13.2%
12.3%
13.6%
10.4%
15.2%
16.6%
12.0%
15.9%
12.0%
11.4%
MDT
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Medtronic plc (MDT) Net Income 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 Net Income margin?

As of today, Microsoft Corp's last 12-month Net Income margin is 12.8%, based on the financial report for Jan 24, 2025 (Q1’2025). The average annual Net Income margin for Medtronic plc have been 13.4% over the past three years, and 14.3% over the past five years.

2) Is Medtronic plc's Net Income margin Good?

As of today, Medtronic plc's Net Income margin is 12.8%, which is higher than industry median of (40.8%). It indicates that Medtronic plc's Net Income margin is Good.

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

As of today, Medtronic plc's Net Income margin is 12.8%, which is higher than peer median of 12.5%. The list of peers includes EW, ABT, PODD, DXCM, SYK, ZBH, BSX, ALGN, STE, PHG.