Medtronic PLC (MDT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 5,223,000 | 4,534,000 | 4,447,000 | 4,636,000 | 5,093,000 | 5,553,000 | 5,277,000 | 5,011,000 | 5,249,000 | 5,479,000 | 5,658,000 | 5,835,000 | 5,679,000 | 5,524,000 | 5,193,000 | 4,866,000 | 5,073,000 | 5,282,000 | 5,827,000 | 6,372,000 |
| 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 |
| Pretax margin | 15.73% | 13.10% | 12.97% | 13.52% | 15.12% | 17.47% | 16.81% | 16.13% | 16.60% | 16.49% | 17.02% | 17.55% | 17.59% | 18.22% | 17.33% | 16.48% | 16.90% | 17.31% | 18.86% | 20.28% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $5,223,000K ÷ $33,199,000K
= 15.73%
The pretax margin of Medtronic PLC has shown some fluctuations over the period covered in the data. The pretax margin, which is a measure of a company's profitability before taxes, started at 20.28% in April 2022 and gradually decreased to 13.52% by April 2024 before showing an increase to 15.73% in January 2025.
The company experienced a downward trend in pretax margin from the initial period to April 2024, indicating potential challenges in managing costs or generating revenue. However, the increase in pretax margin in January 2025 suggests a possible improvement in the company's profitability.
Overall, it is important for investors and stakeholders to monitor the pretax margin closely to assess Medtronic PLC's financial performance and efficiency in generating profits before accounting for taxes.
Peer comparison
Jan 31, 2025