Operating Profit Margin
since 2005
Calculation
Medtronic PLC, operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating profit1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Apr 26, 2024 | 15.89% | = | 100 | × | 5,144) | ÷ | 32,364) |
| Apr 28, 2023 | 17.56% | = | 100 | × | 5,485) | ÷ | 31,227) |
| Apr 29, 2022 | 18.15% | = | 100 | × | 5,752) | ÷ | 31,686) |
| Apr 30, 2021 | 14.89% | = | 100 | × | 4,484) | ÷ | 30,117) |
| Apr 24, 2020 | 16.57% | = | 100 | × | 4,791) | ÷ | 28,913) |
| Apr 26, 2019 | 20.51% | = | 100 | × | 6,268) | ÷ | 30,557) |
| Apr 27, 2018 | 22.20% | = | 100 | × | 6,651) | ÷ | 29,953) |
| Apr 28, 2017 | 17.94% | = | 100 | × | 5,330) | ÷ | 29,710) |
| Apr 29, 2016 | 18.35% | = | 100 | × | 5,291) | ÷ | 28,833) |
| Apr 24, 2015 | 18.59% | = | 100 | × | 3,766) | ÷ | 20,261) |
| Apr 25, 2014 | 22.42% | = | 100 | × | 3,813) | ÷ | 17,005) |
| Apr 26, 2013 | 26.53% | = | 100 | × | 4,402) | ÷ | 16,590) |
| Apr 27, 2012 | 0.00% | = | 100 | × | —) | ÷ | 16,184) |
| Apr 29, 2011 | 0.00% | = | 100 | × | —) | ÷ | 15,933) |
| Apr 30, 2010 | 0.00% | = | 100 | × | —) | ÷ | 15,817) |
| Apr 24, 2009 | 0.00% | = | 100 | × | —) | ÷ | 14,599) |
| Apr 25, 2008 | 0.00% | = | 100 | × | —) | ÷ | 13,515) |
| Apr 27, 2007 | 0.00% | = | 100 | × | —) | ÷ | 12,299) |
| Apr 28, 2006 | 0.00% | = | 100 | × | —) | ÷ | 11,292) |
| Apr 29, 2005 | 0.00% | = | 100 | × | —) | ÷ | 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, operating profit margin, long-term trends, comparison to competitors
| Medtronic PLC | Abbott Laboratories | Cigna Group | CVS Health Corp. | Intuitive Surgical Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|
| Apr 26, 2024 | 15.89% | — | — | — | — | — |
| Apr 28, 2023 | 17.56% | 16.15% | 4.40% | 3.85% | 24.80% | 8.80% |
| Apr 29, 2022 | 18.15% | 19.16% | 4.69% | 2.41% | 25.35% | 8.83% |
| Apr 30, 2021 | 14.89% | 19.56% | 4.60% | 4.54% | 31.89% | 8.40% |
| Apr 24, 2020 | 16.57% | 15.48% | 5.12% | 5.19% | 24.09% | 8.76% |
| Apr 26, 2019 | 20.51% | 14.21% | 5.31% | 4.69% | 30.69% | 8.19% |
| Apr 27, 2018 | 22.20% | 11.94% | 8.82% | 2.07% | 32.21% | 7.71% |
| Apr 28, 2017 | 17.94% | 6.30% | 9.71% | 5.15% | 33.71% | 7.60% |
| Apr 29, 2016 | 18.35% | 15.27% | 0.00% | 5.84% | 34.95% | 7.03% |
| Apr 24, 2015 | 18.59% | 14.05% | 0.00% | 6.18% | 31.04% | 7.05% |
| Apr 25, 2014 | 22.42% | 12.84% | 0.00% | 6.31% | 25.56% | 7.92% |
| Apr 26, 2013 | 26.53% | 12.03% | 0.00% | 6.34% | 37.64% | 7.90% |
| Apr 27, 2012 | 0.00% | 20.28% | 0.00% | 5.87% | 40.30% | 8.42% |
| Apr 29, 2011 | 0.00% | 14.81% | 0.00% | 5.91% | 39.54% | 8.36% |
| Apr 30, 2010 | 0.00% | 17.31% | 0.00% | 6.39% | 39.29% | 8.41% |
| Apr 24, 2009 | 0.00% | 20.27% | 0.00% | 6.52% | 35.87% | 7.35% |
| Apr 25, 2008 | 0.00% | 19.28% | 0.00% | 6.91% | 35.53% | 6.54% |
| Apr 27, 2007 | 0.00% | 17.67% | 0.00% | 6.28% | 34.41% | 10.57% |
| Apr 28, 2006 | 0.00% | 9.09% | 0.00% | 5.57% | 28.81% | 9.88% |
| Apr 29, 2005 | 0.00% | 19.53% | 0.00% | 5.46% | 30.25% | 11.98% |
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).