Medtronic plc

Company Overview

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Financial Performance

Comprehensive financial statements, metrics, and performance analysis

Financial Performance Overview

12 mos ending Apr 24, 201512 mos ending Apr 29, 201612 mos ending Apr 28, 201712 mos ending Apr 27, 201812 mos ending Apr 26, 201912 mos ending Apr 24, 202012 mos ending Apr 30, 202112 mos ending Apr 29, 202212 mos ending Apr 28, 202312 mos ending Apr 26, 202412 mos ending Apr 25, 2025CAGR %YoY %Revenue (+)
$20261.00
28833.00
29710.00
29953.00
30557.00
28913.00
30117.00
31686.00
31227.00
32364.00
33537.00
5.17%3.62%Cost of Revenue (-)
$6309.00
9142.00
9291.00
9055.00
9155.00
9424.00
10483.00
10145.00
10719.00
11216.00
11632.00
6.31%3.71%Gross Profit (+)
$13952.00
19691.00
20419.00
20898.00
21402.00
19489.00
19634.00
21541.00
20508.00
21148.00
21905.00
4.61%3.58%Selling, General & Administrative (-)
$6904.00
9469.00
9711.00
9974.00
10418.00
10109.00
10148.00
10292.00
10415.00
10736.00
10849.00
4.62%1.05%Research & Development (-)
$1640.00
2224.00
2193.00
2253.00
2330.00
2331.00
2493.00
2746.00
2696.00
2735.00
2732.00
5.24%-0.11%Depreciation & Amortization (-)
$733.00
1931.00
2000.00
1823.00
1764.00
1756.00
1783.00
1733.00
1698.00
1693.00
1807.00
9.44%6.73%Operating Expenses (-)
$10068.00
14293.00
14887.00
14247.00
15134.00
14698.00
15150.00
15633.00
15023.00
16003.00
15949.00
4.71%-0.34%Costs & Expenses (Total) (-)
$16377.00
23435.00
24178.00
23302.00
24289.00
24122.00
25633.00
25933.00
25742.00
27219.00
27581.00
5.35%1.33%Operating Income/Loss (+)
$3766.00
5291.00
5330.00
6651.00
6268.00
4791.00
4484.00
5752.00
5485.00
5144.00
5955.00
4.69%15.77%Non-operating Income/Expense (+)
$-118.00
-107.00
-222.00
-505.00
373.00
356.00
336.00
318.00
515.00
412.00
402.00
-2.43%Interest Expense (-)
$280.00
955.00
728.00
749.00
1444.00
1092.00
925.00
553.00
636.00
719.00
729.00
10.04%1.39%Earnings before Tax (+)
$3486.00
4336.00
4602.00
5675.00
5197.00
4055.00
3895.00
5517.00
5364.00
4837.00
5628.00
4.91%16.35%Tax Expense (-)
$811.00
798.00
578.00
2580.00
547.00
-751.00
265.00
456.00
1580.00
1133.00
936.00
1.44%-17.39%Income/Loss (Continuing Operations) (+)
$2675.00
3538.00
4024.00
3095.00
4650.00
4806.00
3630.00
5061.00
3784.00
3704.00
4692.00
5.78%26.67%Profit/Loss (+)
$
4024.00
3095.00
4650.00
4806.00
3630.00
5062.00
3784.00
3705.00
4691.00
26.61%Net Income/Loss (NCI) (-)
$
-4.00
-9.00
19.00
17.00
24.00
22.00
26.00
28.00
29.00
3.57%Net Income/Loss (+)
$2675.00
3538.00
4028.00
3104.00
4631.00
4789.00
3606.00
5039.00
3758.00
3676.00
4662.00
5.71%26.82%Net Income/Loss (Common) (+)
$2675.00
3538.00
4028.00
3104.00
4631.00
4789.00
3606.00
5039.00
3758.00
3676.00
4662.00
5.71%26.82%EPS (Basic)
$2.44
2.51
2.92
2.29
3.44
3.57
2.68
3.75
2.83
2.77
3.63
4.05%31.05%EPS (Diluted)
$2.41
2.48
2.89
2.27
3.41
3.54
2.66
3.73
2.82
2.76
3.61
4.12%30.80%Weighted Avg Shares (Basic)
1095.50
1409.60
1378.90
1356.70
1346.40
1340.70
1344.90
1342.40
1329.80
1327.70
1285.60
1.61%-3.17%Weighted Avg Shares (Diluted)
1109.00
1425.90
1391.40
1368.20
1357.50
1351.10
1354.00
1351.40
1332.80
1330.20
1289.90
1.52%-3.03%Cash
$4843.00
2876.00
4967.00
3669.00
4393.00
4140.00
3593.00
3714.00
1543.00
1284.00
2218.00
-7.51%72.74%Short-term Investments
$14637.00
9758.00
8741.00
7558.00
5455.00
6808.00
7224.00
6859.00
6416.00
6721.00
6747.00
-7.45%0.39%Receivables
$5112.00
5562.00
5591.00
5987.00
6222.00
4645.00
5462.00
5551.00
5998.00
6128.00
6515.00
2.45%6.32%Inventory
$3463.00
3473.00
3338.00
3579.00
3753.00
4229.00
4313.00
4616.00
5293.00
5217.00
5476.00
4.69%4.96%Prepaid Expenses (Current)
$1454.00
1234.00
1865.00
Other Assets (Current)
$1335.00
697.00
371.00
2187.00
2144.00
2209.00
1955.00
2318.00
2425.00
2584.00
2858.00
7.91%10.60%Assets (Current)
$30844.00
23600.00
24873.00
22980.00
21967.00
22031.00
22548.00
23059.00
21675.00
21935.00
23814.00
-2.55%8.57%Property, Plant & Equipment (Net)
$4699.00
4841.00
4361.00
4604.00
4675.00
4828.00
5221.00
5413.00
5569.00
6131.00
6837.00
3.82%11.52%Goodwill & Intangibles
$68631.00
68399.00
61922.00
61266.00
60519.00
58904.00
59701.00
56097.00
56269.00
54211.00
53404.00
-2.48%-1.49%Other Assets
$2511.00
2942.00
8660.00
2543.00
2533.00
4926.00
5612.00
6411.00
7436.00
7704.00
7624.00
11.75%-1.04%Assets (Non-current)
$75841.00
76182.00
74943.00
68413.00
67727.00
68658.00
70534.00
67921.00
69274.00
68046.00
67865.00
-1.11%-0.27%Assets (Total)
$106685.00
99782.00
99816.00
91393.00
89694.00
90689.00
93083.00
90981.00
90948.00
89981.00
91680.00
-1.50%1.89%Accounts Payable
$2545.00
2275.00
2364.00
2607.00
2520.00
2498.00
2541.00
2980.00
3502.00
3740.00
3807.00
4.11%1.79%Debt (Current)
$2434.00
993.00
7520.00
2058.00
838.00
2776.00
11.00
3742.00
20.00
1092.00
2874.00
1.68%163.19%Other Liabilities (Current)
$4194.00
3897.00
4336.00
5419.00
5114.00
5092.00
5957.00
5672.00
5530.00
5957.00
6197.00
3.98%4.03%Liabilities (Current)
$9173.00
7165.00
14220.00
10084.00
8472.00
10366.00
8509.00
12394.00
9051.00
10789.00
12879.00
3.45%19.37%Debt (Non-current)
$33752.00
30247.00
25921.00
23699.00
24486.00
22021.00
26378.00
20372.00
24344.00
23932.00
25642.00
-2.71%7.15%Other Liabilities
$10530.00
10307.00
9259.00
6788.00
6524.00
7430.00
6592.00
5494.00
5888.00
4840.00
4904.00
-7.36%1.32%Liabilities (Non-current)
$44282.00
40554.00
35180.00
30487.00
31010.00
29451.00
32970.00
25866.00
30232.00
28772.00
30546.00
-3.65%6.17%Liabilities (Total)
$53455.00
47719.00
49400.00
40571.00
39482.00
39817.00
41481.00
38260.00
39283.00
39561.00
43424.00
-2.06%9.76%Retained Earnings
$54414.00
53931.00
23356.00
24379.00
26270.00
28132.00
28594.00
30250.00
30392.00
30403.00
31476.00
-5.33%3.53%AOCI
$-1184.00
-1868.00
-2613.00
-1786.00
-2711.00
-3560.00
-3485.00
-2265.00
-3499.00
-3318.00
-4284.00
-29.11%Shareholder's Equity
$53230.00
52063.00
50416.00
50822.00
50212.00
50872.00
51602.00
52722.00
51665.00
50420.00
48256.00
-0.98%-4.29%Liabilities & Equity
$106685.00
99782.00
99816.00
91393.00
89694.00
90689.00
93083.00
90981.00
90948.00
89981.00
91680.00
-1.50%1.89%Net Income/Loss
$2675.00
3538.00
4024.00
3095.00
4650.00
4806.00
3630.00
5062.00
3784.00
3705.00
4691.00
5.78%26.61%Depreciation & Amortization
$1382.00
2849.00
2928.00
2631.00
2659.00
2663.00
2702.00
2707.00
2697.00
2647.00
2861.00
7.55%8.08%Increase/Decrease in Working Capital
$-1564.00
1089.00
-139.00
173.00
1080.00
-61.00
701.00
889.00
967.00
484.00
1054.00
117.77%Share-based Compensation
$439.00
375.00
348.00
344.00
290.00
297.00
344.00
359.00
355.00
393.00
429.00
-0.23%9.16%Adjustments to Reconcile Net Income
$2227.00
1680.00
2856.00
1589.00
2357.00
2428.00
2610.00
2284.00
2255.00
3082.00
2353.00
0.55%-23.65%Net Cash (Operating)
$4902.00
5218.00
6880.00
4684.00
7007.00
7234.00
6240.00
7346.00
6039.00
6787.00
7044.00
3.69%3.79%Capital Expenditure
$15455.00
2259.00
2578.00
-4853.00
2961.00
1701.00
2349.00
1459.00
3326.00
1798.00
1957.00
-18.67%8.84%Net Cash (Investing)
$-17058.00
2245.00
-1571.00
5858.00
-774.00
-3203.00
-2866.00
-1659.00
-3493.00
-2366.00
-1937.00
18.13%Increase/Decrease in Debt
$18673.00
-5125.00
2193.00
-7642.00
-867.00
-559.00
-570.00
-1.00
-598.00
1073.00
2139.00
-19.48%99.35%Increase/Decrease in Equity
$-1271.00
-2339.00
-3116.00
-1768.00
-1885.00
-664.00
-178.00
-2115.00
-337.00
-1854.00
-2727.00
-47.09%Interest Expenses
$578.00
1266.00
1134.00
1147.00
973.00
643.00
582.00
540.00
606.00
826.00
762.00
2.80%-7.75%Dividends Paid
$1337.00
2139.00
2376.00
2494.00
2693.00
2894.00
3120.00
3383.00
3616.00
3666.00
3589.00
10.38%-2.10%Net Cash (Financing)
$15949.00
-9543.00
-3283.00
-11954.00
-5431.00
-4198.00
-4136.00
-5336.00
-4960.00
-4450.00
-4361.00
2.00%Cash Taxes Paid
$632.00
1379.00
1029.00
2542.00
1558.00
878.00
1250.00
996.00
1548.00
1622.00
1819.00
11.15%12.15%Effect of Exchange Rate
$-353.00
113.00
65.00
114.00
-78.00
-86.00
215.00
-231.00
243.00
-230.00
188.00
181.74%Increase/Decrease in Cash
$3440.00
-1967.00
2091.00
-1298.00
724.00
-253.00
-547.00
121.00
-2171.00
-259.00
934.00
-12.22%460.62%Cash (Beginning)
$1403.00
4843.00
2876.00
4967.00
3669.00
4393.00
4140.00
3593.00
3714.00
1543.00
1284.00
-0.88%-16.79%Cash (Ending)
$4843.00
2876.00
4967.00
3669.00
4393.00
4140.00
3593.00
3714.00
1543.00
1284.00
2218.00
-7.51%72.74%NOPAT
$3083.24
3608.28
4138.22
3671.82
4388.93
5678.31
3044.98
4713.57
3902.08
3419.05
4030.31
2.71%17.88%Gross Margin %
68.86%
68.29%
68.73%
69.77%
70.04%
67.41%
65.19%
67.98%
65.67%
65.34%
65.32%
Operating Margin %
18.59%
18.35%
17.94%
22.20%
20.51%
16.57%
14.89%
18.15%
17.56%
15.89%
17.76%
NOPAT Margin %
15.22%
12.51%
13.93%
12.26%
14.36%
19.64%
10.11%
14.88%
12.50%
10.56%
12.02%
Net Margin %
13.20%
12.27%
13.56%
10.36%
15.16%
16.56%
11.97%
15.90%
12.03%
11.36%
13.90%
Tax Rate %
18.13%
31.80%
22.36%
44.79%
29.98%
-18.52%
32.09%
18.05%
28.86%
33.53%
32.32%
ROA
2.89%
3.62%
4.15%
4.02%
4.89%
6.26%
3.27%
5.18%
4.29%
3.80%
4.40%
ROE
5.79%
6.93%
8.21%
7.22%
8.74%
11.16%
5.90%
8.94%
7.55%
6.78%
8.35%
ROIC
3.82%
4.39%
5.48%
5.02%
6.00%
8.06%
4.22%
6.83%
5.70%
5.16%
5.97%
Asset Turnover
0.19
0.29
0.30
0.33
0.34
0.32
0.32
0.35
0.34
0.36
0.37
Inventory Turnover
1.82
2.63
2.78
2.53
2.44
2.23
2.43
2.20
2.03
2.15
2.12
Equity Multiplier
2.00
1.92
1.98
1.80
1.79
1.78
1.80
1.73
1.76
1.78
1.90
Current Ratio
3.36
3.29
1.75
2.28
2.59
2.13
2.65
1.86
2.39
2.03
1.85
Quick Ratio
2.68
2.54
1.36
1.71
1.90
1.50
1.91
1.30
1.54
1.31
1.20
Debt/Equity Ratio
0.68
0.60
0.66
0.51
0.50
0.49
0.51
0.46
0.47
0.50
0.59
Interest Coverage Ratio
6.52
4.18
4.70
5.80
6.44
7.45
7.70
10.65
9.05
6.23
7.81
Working Capital/Sales
0.37
0.31
0.31
0.24
0.26
0.23
0.24
0.24
0.21
0.18
0.22
R&D/Sales
0.08
0.08
0.07
0.08
0.08
0.08
0.08
0.09
0.09
0.08
0.08
Dividend Payout Ratio %
43.36%
59.28%
57.42%
67.92%
61.36%
50.97%
102.46%
71.77%
92.67%
107.22%
89.05%
Total Payout
$-15487.00
10869.00
4433.00
13051.00
6418.00
4760.00
4450.00
6039.00
5157.00
5273.00
4939.00
-6.33%Payout Ratio %
-502.30%
301.22%
107.12%
355.44%
146.23%
83.83%
146.14%
128.12%
132.16%
154.22%
122.55%