Medtronic PLC (MDT)
Return on assets (ROA)
| Apr 30, 2025 | Apr 30, 2024 | Apr 26, 2024 | Apr 30, 2023 | Apr 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,662,000 | 3,676,000 | 3,676,000 | 3,758,000 | 3,758,000 |
| Total assets | US$ in thousands | 91,680,000 | 89,981,000 | 89,981,000 | 90,948,000 | 90,948,000 |
| ROA | 5.09% | 4.09% | 4.09% | 4.13% | 4.13% |
April 30, 2025 calculation
ROA = Net income ÷ Total assets
= $4,662,000K ÷ $91,680,000K
= 5.09%
The return on assets (ROA) of Medtronic PLC has shown a consistent trend over the past few years. The ROA was 4.13% as of April 28, 2023, and remained the same at 4.13% on April 30, 2023. There was a slight decrease in ROA to 4.09% on April 26, 2024, which was maintained on April 30, 2024. However, there was a notable increase in ROA to 5.09% on April 30, 2025.
Overall, the ROA of Medtronic PLC indicates the company's ability to generate profits from its assets, with a recent improvement in performance as seen in the significant increase in ROA in the most recent period. This suggests effective asset management and operational efficiency, which are positive indicators for investors and stakeholders.
Peer comparison
Apr 30, 2025