Medtronic PLC (MDT)
Profitability ratios
Return on sales
| Apr 26, 2024 | Jan 26, 2024 | Oct 27, 2023 | Jul 28, 2023 | Apr 28, 2023 | Jan 27, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | Apr 24, 2020 | Jan 24, 2020 | Oct 25, 2019 | Jul 26, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 26.09% | 26.75% | 26.28% | 26.64% | 26.14% | 22.01% | 23.51% | 24.37% | 26.16% | 28.70% | 28.15% | 26.17% | 23.09% | 30.06% | 42.31% | 55.90% | 70.67% | 72.05% | 72.56% | 73.20% |
| Operating profit margin | 15.60% | 17.31% | 17.20% | 17.60% | 17.40% | 18.61% | 19.45% | 19.77% | 18.46% | 18.17% | 16.96% | 15.21% | 15.36% | 11.77% | 13.14% | 14.50% | 17.37% | 21.60% | 21.46% | 22.34% |
| Pretax margin | 14.58% | 16.83% | 16.73% | 17.16% | 16.92% | 17.94% | 18.61% | 18.76% | 17.64% | 17.45% | 16.26% | 13.41% | 13.26% | 9.30% | 10.66% | 13.32% | 14.64% | 17.18% | 16.63% | 17.02% |
| Net profit margin | 11.15% | 12.86% | 12.68% | 11.32% | 11.92% | 13.52% | 14.34% | 17.10% | 16.17% | 15.71% | 15.04% | 12.64% | 12.35% | 10.65% | 13.07% | 16.08% | 17.37% | 17.88% | 15.84% | 15.15% |
The profitability ratios of Medtronic PLC show varying trends over the past several quarters.
- Gross profit margin has fluctuated within a range of 22.01% to 73.20%, with the most recent figure standing at 26.09%. This ratio indicates the company's ability to generate profits from its core business operations.
- Operating profit margin has shown a relatively stable trend, ranging from 11.77% to 22.34%. The most recent figure is 15.60%. This ratio reflects the efficiency of the company in managing its operating expenses relative to its revenue.
- Pretax margin has also exhibited fluctuations, with values between 9.30% and 18.76%. The current figure is 14.58%. This ratio gives insights into Medtronic's profitability before accounting for taxes.
- Net profit margin has shown some variability, ranging from 10.65% to 17.88%. The most recent figure is 11.15%. This ratio demonstrates the company's ability to translate revenue into profits after accounting for all expenses.
Overall, while the company has experienced some fluctuations in profitability margins, it is essential to monitor these ratios over time to assess Medtronic PLC's financial performance and sustainability.
Return on investment
| Apr 26, 2024 | Jan 26, 2024 | Oct 27, 2023 | Jul 28, 2023 | Apr 28, 2023 | Jan 27, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | Apr 24, 2020 | Jan 24, 2020 | Oct 25, 2019 | Jul 26, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.72% | 6.23% | 6.18% | 6.20% | 6.03% | 5.94% | 6.28% | 6.69% | 6.32% | 6.19% | 5.78% | 5.09% | 4.82% | 3.29% | 3.71% | 4.24% | 5.28% | 6.92% | 6.95% | 7.14% |
| Return on assets (ROA) | 4.09% | 4.62% | 4.55% | 3.99% | 4.13% | 4.32% | 4.63% | 5.79% | 5.54% | 5.35% | 5.13% | 4.23% | 3.87% | 2.97% | 3.69% | 4.70% | 5.28% | 5.73% | 5.13% | 4.84% |
| Return on total capital | 11.01% | 11.98% | 11.84% | 11.93% | 8.16% | 11.63% | 8.45% | 8.64% | 8.02% | 7.61% | 7.05% | 6.21% | 5.99% | 4.25% | 4.80% | 5.44% | 7.04% | 8.52% | 8.52% | 8.67% |
| Return on equity (ROE) | 7.32% | 8.11% | 7.97% | 7.07% | 7.30% | 7.90% | 8.33% | 9.88% | 9.59% | 9.35% | 9.05% | 7.54% | 7.01% | 5.70% | 7.05% | 8.77% | 9.44% | 10.26% | 9.23% | 8.78% |
Medtronic PLC's profitability ratios show a consistent performance over time. The operating return on assets (Operating ROA) has remained relatively stable, ranging from 5.72% to 6.69% over the past few quarters. This indicates the company's ability to generate profits from its operating assets.
The return on assets (ROA) has also shown stability, ranging from 3.87% to 5.79% during the same period. This ratio reflects the company's overall profitability in relation to its total assets.
The return on total capital has fluctuated more widely, ranging from 4.25% to 11.98%, suggesting varying levels of efficiency in generating returns from both debt and equity capital.
The return on equity (ROE) has also shown consistency, with figures ranging from 5.70% to 9.88%. This ratio indicates how well the company is generating profits from shareholders' equity.
Overall, Medtronic PLC's profitability ratios demonstrate a solid performance, with a focus on efficiency in asset utilization and generating returns for both shareholders and total capital providers.