Net Profit Margin
since 2005
Calculation
Medtronic PLC, net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income attributable to Medtronic1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Apr 26, 2024 | 11.36% | = | 100 | × | 3,676) | ÷ | 32,364) |
| Apr 28, 2023 | 12.03% | = | 100 | × | 3,758) | ÷ | 31,227) |
| Apr 29, 2022 | 15.90% | = | 100 | × | 5,039) | ÷ | 31,686) |
| Apr 30, 2021 | 11.97% | = | 100 | × | 3,606) | ÷ | 30,117) |
| Apr 24, 2020 | 16.56% | = | 100 | × | 4,789) | ÷ | 28,913) |
| Apr 26, 2019 | 15.16% | = | 100 | × | 4,631) | ÷ | 30,557) |
| Apr 27, 2018 | 10.36% | = | 100 | × | 3,104) | ÷ | 29,953) |
| Apr 28, 2017 | 13.56% | = | 100 | × | 4,028) | ÷ | 29,710) |
| Apr 29, 2016 | 12.27% | = | 100 | × | 3,538) | ÷ | 28,833) |
| Apr 24, 2015 | 13.20% | = | 100 | × | 2,675) | ÷ | 20,261) |
| Apr 25, 2014 | 18.02% | = | 100 | × | 3,065) | ÷ | 17,005) |
| Apr 26, 2013 | 20.90% | = | 100 | × | 3,467) | ÷ | 16,590) |
| Apr 27, 2012 | 22.35% | = | 100 | × | 3,617) | ÷ | 16,184) |
| Apr 29, 2011 | 19.43% | = | 100 | × | 3,096) | ÷ | 15,933) |
| Apr 30, 2010 | 19.59% | = | 100 | × | 3,099) | ÷ | 15,817) |
| Apr 24, 2009 | 14.86% | = | 100 | × | 2,169) | ÷ | 14,599) |
| Apr 25, 2008 | 16.51% | = | 100 | × | 2,231) | ÷ | 13,515) |
| Apr 27, 2007 | 22.78% | = | 100 | × | 2,802) | ÷ | 12,299) |
| Apr 28, 2006 | 22.55% | = | 100 | × | 2,547) | ÷ | 11,292) |
| Apr 29, 2005 | 17.94% | = | 100 | × | 1,804) | ÷ | 10,055) |
Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).
1 US$ in millions
Comparison to Competitors
Medtronic PLC, net profit margin, long-term trends, comparison to competitors
| Medtronic PLC | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Apr 26, 2024 | 11.36% | — | — | — | — | — | — | — |
| Apr 28, 2023 | 12.03% | 14.27% | 2.66% | 2.34% | 3.52% | 2.36% | 25.24% | 6.09% |
| Apr 29, 2022 | 15.90% | 15.88% | 3.72% | 1.29% | 3.87% | 3.03% | 21.25% | 6.25% |
| Apr 30, 2021 | 11.97% | 16.42% | 3.11% | 2.72% | 4.46% | 3.54% | 29.85% | 6.06% |
| Apr 24, 2020 | 16.56% | 12.99% | 5.31% | 2.68% | 3.78% | 4.43% | 24.33% | 6.03% |
| Apr 26, 2019 | 15.16% | 11.56% | 3.35% | 2.59% | 4.66% | 4.20% | 30.80% | 5.76% |
| Apr 27, 2018 | 10.36% | 7.74% | 5.59% | -0.31% | 4.11% | 2.98% | 30.29% | 5.33% |
| Apr 28, 2017 | 13.56% | 1.74% | 5.51% | 3.58% | 4.31% | 4.59% | 21.09% | 5.28% |
| Apr 29, 2016 | 12.27% | 6.71% | 4.87% | 3.00% | 2.93% | 1.14% | 27.21% | 3.81% |
| Apr 24, 2015 | 13.20% | 21.68% | 5.71% | 3.42% | 3.27% | 2.37% | 24.69% | 3.72% |
| Apr 25, 2014 | 18.02% | 11.28% | 6.26% | 3.33% | 3.52% | 2.38% | 19.65% | 4.33% |
| Apr 26, 2013 | 20.90% | 11.79% | 4.76% | 3.62% | 3.55% | 3.01% | 29.62% | 4.62% |
| Apr 27, 2012 | 22.35% | 14.95% | 5.81% | 3.15% | 4.37% | 3.15% | 30.14% | 5.03% |
| Apr 29, 2011 | 19.43% | 12.17% | 6.38% | 3.23% | 4.42% | 3.89% | 28.17% | 5.08% |
| Apr 30, 2010 | 19.59% | 13.15% | 6.70% | 3.55% | 4.99% | 3.28% | 27.02% | 4.95% |
| Apr 24, 2009 | 14.86% | 18.68% | 7.46% | 3.74% | 7.80% | 3.39% | 22.11% | 4.42% |
| Apr 25, 2008 | 16.51% | 16.53% | 1.60% | 3.67% | 4.04% | 2.25% | 23.35% | 3.70% |
| Apr 27, 2007 | 22.78% | 13.92% | 6.76% | 3.45% | 5.56% | 3.34% | 24.06% | 6.26% |
| Apr 28, 2006 | 22.55% | 7.64% | 7.63% | 3.12% | 5.52% | 2.31% | 19.33% | 5.89% |
| Apr 29, 2005 | 17.94% | 15.10% | 10.60% | 3.31% | 5.53% | 2.16% | 41.41% | 7.36% |
Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).
Comparison to Sector (Health Care Equipment & Services)
Medtronic PLC, net profit margin, long-term trends, comparison to sector (health care equipment & services)
| Medtronic PLC | Health Care Equipment & Services | |
|---|---|---|
| Apr 26, 2024 | 11.36% | — |
| Apr 28, 2023 | 12.03% | 4.37% |
| Apr 29, 2022 | 15.90% | 4.60% |
| Apr 30, 2021 | 11.97% | 4.96% |
| Apr 24, 2020 | 16.56% | 5.21% |
| Apr 26, 2019 | 15.16% | 4.85% |
| Apr 27, 2018 | 10.36% | 3.84% |
| Apr 28, 2017 | 13.56% | 4.92% |
| Apr 29, 2016 | 12.27% | 3.89% |
| Apr 24, 2015 | 13.20% | 4.73% |
| Apr 25, 2014 | 18.02% | 4.72% |
| Apr 26, 2013 | 20.90% | 5.13% |
| Apr 27, 2012 | 22.35% | 6.00% |
| Apr 29, 2011 | 19.43% | 5.84% |
| Apr 30, 2010 | 19.59% | 6.08% |
| Apr 24, 2009 | 14.86% | 6.68% |
| Apr 25, 2008 | 16.51% | 5.29% |
| Apr 27, 2007 | 22.78% | 6.58% |
| Apr 28, 2006 | 22.55% | 6.06% |
| Apr 29, 2005 | 17.94% | 7.52% |
Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).
Comparison to Industry (Health Care)
Medtronic PLC, net profit margin, long-term trends, comparison to industry (health care)
| Medtronic PLC | Health Care | |
|---|---|---|
| Apr 26, 2024 | 11.36% | — |
| Apr 28, 2023 | 12.03% | 7.95% |
| Apr 29, 2022 | 15.90% | 10.17% |
| Apr 30, 2021 | 11.97% | 10.82% |
| Apr 24, 2020 | 16.56% | 7.69% |
| Apr 26, 2019 | 15.16% | 10.13% |
| Apr 27, 2018 | 10.36% | 9.17% |
| Apr 28, 2017 | 13.56% | 7.75% |
| Apr 29, 2016 | 12.27% | 9.91% |
| Apr 24, 2015 | 13.20% | 10.98% |
| Apr 25, 2014 | 18.02% | 11.39% |
| Apr 26, 2013 | 20.90% | 11.99% |
| Apr 27, 2012 | 22.35% | 11.19% |
| Apr 29, 2011 | 19.43% | 10.02% |
| Apr 30, 2010 | 19.59% | 10.09% |
| Apr 24, 2009 | 14.86% | 14.33% |
| Apr 25, 2008 | 16.51% | 10.62% |
| Apr 27, 2007 | 22.78% | 10.58% |
| Apr 28, 2006 | 22.55% | 13.20% |
| Apr 29, 2005 | 17.94% | 12.89% |
Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).