Medtronic PLC (MDT)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,871,000 | 6,715,000 | 6,051,000 | 5,834,000 | 6,093,000 | 5,787,000 | 6,225,000 | 6,093,000 | 5,787,000 | 5,987,000 | 6,224,000 | 6,347,000 | 6,543,000 | 6,202,000 | 5,978,000 | 5,607,000 | 5,277,000 | 5,717,000 | 5,951,000 | 6,421,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | 21,700,000 | — | — | — | 21,100,000 | — | 20,100,000 |
| Total stockholders’ equity | US$ in thousands | 48,024,000 | 49,387,000 | 48,494,000 | 47,947,000 | 50,214,000 | 50,214,000 | 51,792,000 | 51,792,000 | 51,460,000 | 51,460,000 | 51,178,000 | 51,178,000 | 51,483,000 | 51,483,000 | 51,441,000 | 51,441,000 | 51,880,000 | 51,880,000 | 52,672,000 | 52,672,000 |
| Return on total capital | 10.14% | 13.60% | 12.48% | 12.17% | 12.13% | 11.52% | 12.02% | 11.76% | 11.25% | 11.63% | 12.16% | 12.40% | 12.71% | 8.47% | 11.62% | 10.90% | 10.17% | 7.83% | 11.30% | 8.82% |
April 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,871,000K ÷ ($—K + $48,024,000K)
= 10.14%
The return on total capital for Medtronic PLC has shown variability over the analyzed periods, ranging from as low as 7.83% on October 28, 2022, to a high of 13.60% on January 31, 2025. Overall, the company's return on total capital demonstrates a generally upward trend, with fluctuations within a relatively narrow range. The return on total capital metrics indicate the efficiency of Medtronic PLC in generating profits from the total capital employed in its operations. A higher return on total capital suggests that the company is effectively utilizing its resources to generate returns for its investors.
Peer comparison
Apr 30, 2025