Medtronic PLC (MDT)
Gross profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 26, 2024 | Jan 31, 2024 | Jan 26, 2024 | Oct 31, 2023 | Oct 27, 2023 | Jul 31, 2023 | Jul 28, 2023 | Apr 30, 2023 | Apr 28, 2023 | Jan 31, 2023 | Jan 27, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 15,682,000 | 20,879,000 | 18,344,000 | 18,194,000 | 15,454,000 | 15,480,000 | 14,343,000 | 14,110,000 | 13,952,000 | 14,295,000 | 15,568,000 | 15,532,000 | 15,449,000 | 14,933,000 | 13,679,000 | 13,092,000 | 12,899,000 | 12,938,000 | 12,564,000 | 13,417,000 |
| Revenue (ttm) | US$ in thousands | 33,537,000 | 33,199,000 | 34,610,000 | 34,296,000 | 34,282,000 | 33,677,000 | 31,778,000 | 31,391,000 | 31,065,000 | 31,626,000 | 33,220,000 | 33,245,000 | 33,240,000 | 32,280,000 | 30,315,000 | 29,959,000 | 29,518,000 | 30,022,000 | 30,506,000 | 30,898,000 |
| Gross profit margin | 46.76% | 62.89% | 53.00% | 53.05% | 45.08% | 45.97% | 45.13% | 44.95% | 44.91% | 45.20% | 46.86% | 46.72% | 46.48% | 46.26% | 45.12% | 43.70% | 43.70% | 43.10% | 41.19% | 43.42% |
April 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $15,682,000K ÷ $33,537,000K
= 46.76%
Medtronic PLC's gross profit margin has shown fluctuations over the period from July 2022 to April 2025. Starting at 43.42% in July 2022, the margin dropped to 41.19% by the end of that month. Subsequently, there was a gradual increase in the margin, reaching a peak of 46.86% in July 2023. However, there was a slight decline in the following months, with the margin ranging between 43.10% and 45.20% until October 2023.
In the next reporting periods, the gross profit margin remained relatively stable, with minor fluctuations between 44.91% and 46.48%. Notably, in July 2024, there was a significant increase in the gross profit margin to 53.05%, which was sustained in the subsequent quarter. This increase could indicate improved efficiency in managing production costs or increased pricing power.
The margin experienced a substantial surge to 62.89% in January 2025, reflecting potentially higher revenues or better cost management strategies. However, this peak was followed by a decrease to 46.76% in April 2025. It will be crucial to monitor future financial reports to assess the sustainability of these fluctuations and evaluate Medtronic PLC's profitability trends.
Peer comparison
Apr 30, 2025