Medtronic PLC (MDT)

Net profit margin

		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	Apr 30, 2022
Net income (ttm)	US$ in thousands	4,260,000	3,620,000	3,672,000	3,952,000	4,207,000	4,462,000	3,931,000	3,400,000	3,670,000	3,940,000	4,371,000	4,802,000	4,050,000	3,298,000	3,005,000	2,712,000	3,770,000	4,828,000	5,379,000	5,930,000
Revenue (ttm)	US$ in thousands	33,199,000	34,610,000	34,296,000	34,282,000	33,677,000	31,778,000	31,391,000	31,065,000	31,625,000	33,219,000	33,244,000	33,239,000	32,280,000	30,315,000	29,959,000	29,518,000	30,022,000	30,506,000	30,898,000	31,419,000
Net profit margin		12.83%	10.46%	10.71%	11.53%	12.49%	14.04%	12.52%	10.94%	11.60%	11.86%	13.15%	14.45%	12.55%	10.88%	10.03%	9.19%	12.56%	15.83%	17.41%	18.87%

January 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,260,000K ÷ $33,199,000K
= 12.83%

The net profit margin of Medtronic PLC has exhibited some fluctuations over the specified time period. The margin started at 18.87% in April 2022, indicating that 18.87% of the company's revenue translated into net income. It fluctuated between 15.83% and 17.41% in the subsequent months. However, the margin saw a decline to 9.19% in October 2022 before gradually recovering to 14.45% in April 2023.

From July 2023 to July 2024, the net profit margin fluctuated between 10.71% and 13.15%. In the last reported period, January 2025, the net profit margin stood at 12.83%. Overall, the trend depicts variability in Medtronic PLC's ability to convert revenue into profit, with some periods showing stronger performance than others. Further analysis may be required to understand the factors influencing these fluctuations.