Medtronic PLC (MDT)
Operating return on assets (Operating ROA)
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,955,000 | 5,144,000 | 5,144,000 | 5,485,000 | 5,485,000 |
| Total assets | US$ in thousands | 91,680,000 | 89,981,000 | 89,981,000 | 90,948,000 | 90,948,000 |
| Operating ROA | 6.50% | 5.72% | 5.72% | 6.03% | 6.03% |
April 30, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $5,955,000K ÷ $91,680,000K
= 6.50%
Operating ROA measures the efficiency of Medtronic PLC in generating operating profits from its assets. The trend analysis of Medtronic's Operating ROA shows relatively stable performance over the period under review. The Operating ROA was 6.03% as of April 28, 2023, and remained consistent at the same level as of April 30, 2023. There was a slight decline to 5.72% as of April 26, 2024, which was maintained until April 30, 2024. However, there was an improvement in performance to 6.50% as of April 30, 2025. Overall, Medtronic's Operating ROA indicates that the company has been able to effectively utilize its assets to generate operating profits, with a mix of stability and slight fluctuations in performance over the analyzed period.
Peer comparison
Apr 30, 2025