Medtronic PLC (MDT)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 5,955,000 | 6,046,000 | 5,453,000 | 5,341,000 | 5,546,000 | 5,359,000 | 5,646,000 | 5,431,000 | 5,216,000 | 5,441,000 | 5,666,000 | 5,790,000 | 5,914,000 | 5,753,000 | 5,592,000 | 5,271,000 | 5,004,000 | 5,311,000 | 5,578,000 | 6,166,000 |
| Total assets | US$ in thousands | 91,680,000 | 89,973,000 | 90,042,000 | 89,749,000 | 89,981,000 | 89,981,000 | 90,836,000 | 90,836,000 | 90,087,000 | 90,087,000 | 90,776,000 | 90,776,000 | 90,948,000 | 90,948,000 | 94,134,000 | 94,134,000 | 93,241,000 | 93,241,000 | 89,914,000 | 89,914,000 |
| Operating ROA | 6.50% | 6.72% | 6.06% | 5.95% | 6.16% | 5.96% | 6.22% | 5.98% | 5.79% | 6.04% | 6.24% | 6.38% | 6.50% | 6.33% | 5.94% | 5.60% | 5.37% | 5.70% | 6.20% | 6.86% |
April 30, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $5,955,000K ÷ $91,680,000K
= 6.50%
Medtronic PLC's operating return on assets (operating ROA) has shown some fluctuations over the periods analyzed. The operating ROA ranged from a low of 5.37% on October 31, 2022, to a high of 6.86% on July 29, 2022. The trend indicates some variability in the company's ability to generate operating income relative to its total assets.
Overall, the operating ROA has displayed a generally stable performance, with levels mostly staying within the range of 5.70% to 6.50%. It is noteworthy that the operating ROA increased in the most recent period, reaching 6.50% on April 30, 2025, which could suggest improved efficiency in utilizing assets to generate operating income.
However, it is essential to continue monitoring the operating ROA trend to assess the company's operational efficiency and asset utilization in the long term. Additional analysis and context, such as industry benchmarks and qualitative factors, would provide a more comprehensive understanding of Medtronic PLC's operational performance.
Peer comparison
Apr 30, 2025