Medtronic PLC (MDT)
Net profit margin
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,662,000 | 3,676,000 | 3,676,000 | 3,758,000 | 3,758,000 |
| Revenue | US$ in thousands | 33,537,000 | 32,364,000 | 32,961,000 | 31,227,000 | 31,528,000 |
| Net profit margin | 13.90% | 11.36% | 11.15% | 12.03% | 11.92% |
April 30, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $4,662,000K ÷ $33,537,000K
= 13.90%
Based on the provided data, Medtronic PLC's net profit margin has shown some fluctuations over the years. The net profit margin represents the percentage of revenue that translates into profit after all expenses are deducted. In April 2023, the net profit margin was 11.92%, slightly increasing to 12.03% by the end of the same year. However, in April 2024, the net profit margin declined to 11.15%, then rose to 11.36% by April 2024. The most significant improvement was seen in April 2025, where the net profit margin surged to 13.90%.
Overall, while there have been some fluctuations in Medtronic PLC's net profit margin over the years, the trend seems to be positive, with a notable increase in profitability by April 2025. It is important for the company to continue monitoring and managing its expenses effectively to sustain and improve its profitability in the future.
Peer comparison
Apr 30, 2025