Medtronic PLC (MDT)

Net 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
Net income (ttm)	US$ in thousands	4,663,000	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
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
Net profit margin		13.90%	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%

April 30, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,663,000K ÷ $33,537,000K
= 13.90%

The net profit margin of Medtronic PLC has shown fluctuations over the reported periods, ranging from a high of 17.41% in July 2022 to a low of 9.19% in October 2022. This metric indicates that for every dollar of revenue generated, Medtronic PLC has earned between 9.19 cents and 17.41 cents as net profit.

Overall, there seems to be a general downward trend in the net profit margin from mid-2022 to the beginning of 2024, with some variability in between. However, there was a slight improvement in the net profit margin in the last few reported periods, reaching 13.90% in April 2025.

It is important to closely monitor the net profit margin as it reflects the company's efficiency in managing its costs and expenses relative to its revenue. Any sustained decrease in this metric could raise concerns about the company's profitability and operational effectiveness.