Price to Operating Profit (P/OP)
since 2005
Calculation
Medtronic PLC, P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating profit1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 20, 2024 | 19.98 | = | 80.17 | ÷ | 4.01 | 4.01 | = | 5,144 | ÷ | 1,282,269,783 | |
| Jun 22, 2023 | 21.20 | = | 87.41 | ÷ | 4.12 | 4.12 | = | 5,485 | ÷ | 1,330,405,428 | |
| Jun 23, 2022 | 20.48 | = | 88.67 | ÷ | 4.33 | 4.33 | = | 5,752 | ÷ | 1,328,709,310 | |
| Jun 25, 2021 | 37.44 | = | 124.93 | ÷ | 3.34 | 3.34 | = | 4,484 | ÷ | 1,343,904,180 | |
| Jun 19, 2020 | 26.29 | = | 93.91 | ÷ | 3.57 | 3.57 | = | 4,791 | ÷ | 1,341,298,882 | |
| Jun 21, 2019 | 21.26 | = | 99.38 | ÷ | 4.67 | 4.67 | = | 6,268 | ÷ | 1,341,156,703 | |
| Jun 22, 2018 | 17.64 | = | 86.81 | ÷ | 4.92 | 4.92 | = | 6,651 | ÷ | 1,351,709,097 | |
| Jun 27, 2017 | 22.64 | = | 88.79 | ÷ | 3.92 | 3.92 | = | 5,330 | ÷ | 1,359,026,669 | |
| Jun 28, 2016 | 22.18 | = | 84.14 | ÷ | 3.79 | 3.79 | = | 5,291 | ÷ | 1,394,731,892 | |
| Jun 23, 2015 | 28.81 | = | 76.61 | ÷ | 2.66 | 2.66 | = | 3,766 | ÷ | 1,416,351,117 | |
| Jun 20, 2014 | 16.68 | = | 63.86 | ÷ | 3.83 | 3.83 | = | 3,813 | ÷ | 995,764,180 | |
| Jun 24, 2013 | 11.80 | = | 51.58 | ÷ | 4.37 | 4.37 | = | 4,402 | ÷ | 1,007,412,613 | |
| Jun 26, 2012 | — | = | 37.31 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,025,044,679 | |
| Jun 28, 2011 | — | = | 39.01 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,060,963,265 | |
| Jun 29, 2010 | — | = | 36.21 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,082,967,846 | |
| Jun 23, 2009 | — | = | 33.37 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,112,348,250 | |
| Jun 24, 2008 | — | = | 51.59 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,125,244,102 | |
| Jun 25, 2007 | — | = | 51.12 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,140,402,281 | |
| Jun 28, 2006 | — | = | 46.99 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,154,790,616 | |
| Jun 29, 2005 | — | = | 52.20 | ÷ | 0.00 | 0.00 | = | 0 | ÷ | 1,213,729,424 |
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$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Medtronic PLC Annual Report.
Comparison to Competitors
Medtronic PLC, P/OP, long-term trends, comparison to competitors
| Medtronic PLC | Abbott Laboratories | Cigna Group | CVS Health Corp. | Humana Inc. | Intuitive Surgical Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|
| Jun 20, 2024 | 19.98 | — | — | — | — | — | — |
| Jun 22, 2023 | 21.20 | 30.54 | 11.51 | 6.96 | 10.94 | 75.42 | 14.20 |
| Jun 23, 2022 | 20.48 | 22.18 | 10.40 | 14.75 | 16.63 | 54.49 | 15.89 |
| Jun 25, 2021 | 37.44 | 24.45 | 9.08 | 10.43 | 17.08 | 56.11 | 18.77 |
| Jun 19, 2020 | 26.29 | 40.69 | 9.03 | 6.65 | 9.78 | 88.37 | 14.12 |
| Jun 21, 2019 | 21.26 | 34.03 | 8.38 | 7.83 | 15.35 | 48.89 | 14.40 |
| Jun 22, 2018 | 17.64 | 36.64 | 15.94 | 18.65 | 13.45 | 49.87 | 14.58 |
| Jun 27, 2017 | 22.64 | 60.88 | 12.07 | 7.44 | 8.69 | 44.40 | 14.42 |
| Jun 28, 2016 | 22.18 | 24.25 | — | 7.65 | 17.55 | 28.93 | 11.79 |
| Jun 23, 2015 | 28.81 | 19.80 | — | 10.49 | 10.60 | 27.25 | 9.59 |
| Jun 20, 2014 | 16.68 | 27.50 | — | 13.00 | 9.84 | 34.42 | 10.12 |
| Jun 24, 2013 | 11.80 | 22.79 | — | 10.12 | 7.62 | 17.96 | 7.22 |
| Jun 26, 2012 | — | 6.82 | — | 8.71 | 5.55 | 26.21 | 6.32 |
| Jun 28, 2011 | — | 15.35 | — | 9.11 | 6.23 | 27.83 | 6.55 |
| Jun 29, 2010 | — | 11.92 | — | 7.34 | 5.58 | 23.28 | 5.90 |
| Jun 23, 2009 | — | 13.54 | — | 7.29 | 4.52 | 33.47 | 5.95 |
| Jun 24, 2008 | — | 14.66 | — | 6.20 | 6.38 | 14.45 | 6.59 |
| Jun 25, 2007 | — | 18.76 | — | 12.09 | 8.63 | 55.84 | 7.62 |
| Jun 28, 2006 | — | 40.49 | — | 10.68 | 12.30 | 38.98 | 10.47 |
| Jun 29, 2005 | — | 15.48 | — | 12.37 | 18.04 | 50.21 | 14.87 |
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).