Return on Assets (ROA)
since 2005
Calculation
Medtronic PLC, ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income attributable to Medtronic1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Apr 26, 2024 | 4.09% | = | 100 | × | 3,676) | ÷ | 89,981) |
| Apr 28, 2023 | 4.13% | = | 100 | × | 3,758) | ÷ | 90,948) |
| Apr 29, 2022 | 5.54% | = | 100 | × | 5,039) | ÷ | 90,981) |
| Apr 30, 2021 | 3.87% | = | 100 | × | 3,606) | ÷ | 93,083) |
| Apr 24, 2020 | 5.28% | = | 100 | × | 4,789) | ÷ | 90,689) |
| Apr 26, 2019 | 5.16% | = | 100 | × | 4,631) | ÷ | 89,694) |
| Apr 27, 2018 | 3.40% | = | 100 | × | 3,104) | ÷ | 91,393) |
| Apr 28, 2017 | 4.04% | = | 100 | × | 4,028) | ÷ | 99,816) |
| Apr 29, 2016 | 3.55% | = | 100 | × | 3,538) | ÷ | 99,782) |
| Apr 24, 2015 | 2.51% | = | 100 | × | 2,675) | ÷ | 106,685) |
| Apr 25, 2014 | 8.08% | = | 100 | × | 3,065) | ÷ | 37,943) |
| Apr 26, 2013 | 9.95% | = | 100 | × | 3,467) | ÷ | 34,841) |
| Apr 27, 2012 | 10.93% | = | 100 | × | 3,617) | ÷ | 33,083) |
| Apr 29, 2011 | 10.18% | = | 100 | × | 3,096) | ÷ | 30,424) |
| Apr 30, 2010 | 11.03% | = | 100 | × | 3,099) | ÷ | 28,090) |
| Apr 24, 2009 | 9.17% | = | 100 | × | 2,169) | ÷ | 23,661) |
| Apr 25, 2008 | 10.05% | = | 100 | × | 2,231) | ÷ | 22,198) |
| Apr 27, 2007 | 14.36% | = | 100 | × | 2,802) | ÷ | 19,512) |
| Apr 28, 2006 | 12.95% | = | 100 | × | 2,547) | ÷ | 19,665) |
| Apr 29, 2005 | 10.86% | = | 100 | × | 1,804) | ÷ | 16,617) |
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, ROA, 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 | 4.09% | — | — | — | — | — | — | — |
| Apr 28, 2023 | 4.13% | 7.82% | 3.38% | 3.34% | 5.50% | 5.29% | 11.64% | 8.18% |
| Apr 29, 2022 | 5.54% | 9.31% | 4.63% | 1.82% | 5.86% | 6.52% | 10.19% | 8.19% |
| Apr 30, 2021 | 3.87% | 9.40% | 3.46% | 3.39% | 6.26% | 6.61% | 12.58% | 8.15% |
| Apr 24, 2020 | 5.28% | 6.20% | 5.44% | 3.11% | 5.28% | 9.63% | 9.50% | 7.81% |
| Apr 26, 2019 | 5.16% | 5.43% | 3.28% | 2.98% | 6.21% | 9.31% | 14.17% | 7.96% |
| Apr 27, 2018 | 3.40% | 3.53% | 1.72% | -0.30% | 5.24% | 6.62% | 14.37% | 7.87% |
| Apr 28, 2017 | 4.04% | 0.63% | 3.62% | 6.96% | 5.45% | 9.01% | 11.46% | 7.59% |
| Apr 29, 2016 | 3.55% | 2.66% | 3.15% | 5.63% | 3.79% | 2.42% | 11.34% | 5.71% |
| Apr 24, 2015 | 2.51% | 10.72% | 3.67% | 5.59% | 4.15% | 5.16% | 12.00% | 5.22% |
| Apr 25, 2014 | 8.08% | 5.53% | 3.76% | 6.25% | 4.14% | 4.89% | 10.58% | 6.50% |
| Apr 26, 2013 | 9.95% | 6.00% | 2.72% | 6.42% | 4.18% | 5.94% | 16.99% | 6.87% |
| Apr 27, 2012 | 10.93% | 8.87% | 3.02% | 5.88% | 4.50% | 6.12% | 16.18% | 6.83% |
| Apr 29, 2011 | 10.18% | 7.84% | 2.60% | 5.36% | 5.09% | 8.01% | 16.16% | 7.57% |
| Apr 30, 2010 | 11.03% | 7.78% | 2.94% | 5.51% | 5.75% | 6.83% | 15.97% | 7.35% |
| Apr 24, 2009 | 9.17% | 10.96% | 3.03% | 6.00% | 9.10% | 7.35% | 12.85% | 6.47% |
| Apr 25, 2008 | 10.05% | 11.51% | 0.71% | 5.27% | 5.15% | 4.96% | 13.86% | 5.33% |
| Apr 27, 2007 | 14.36% | 9.08% | 2.78% | 4.82% | 6.43% | 6.47% | 13.90% | 9.14% |
| Apr 28, 2006 | 12.95% | 4.75% | 2.72% | 6.65% | 5.98% | 4.81% | 10.72% | 8.61% |
| Apr 29, 2005 | 10.86% | 11.57% | 3.62% | 8.01% | 4.79% | 4.49% | 18.77% | 7.98% |
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).
Comparison to Sector (Health Care Equipment & Services)
Medtronic PLC, ROA, long-term trends, comparison to sector (health care equipment & services)
| Medtronic PLC | Health Care Equipment & Services | |
|---|---|---|
| Apr 26, 2024 | 4.09% | — |
| Apr 28, 2023 | 4.13% | 5.50% |
| Apr 29, 2022 | 5.54% | 5.63% |
| Apr 30, 2021 | 3.87% | 5.63% |
| Apr 24, 2020 | 5.28% | 5.61% |
| Apr 26, 2019 | 5.16% | 5.18% |
| Apr 27, 2018 | 3.40% | 3.41% |
| Apr 28, 2017 | 4.04% | 5.36% |
| Apr 29, 2016 | 3.55% | 4.36% |
| Apr 24, 2015 | 2.51% | 4.92% |
| Apr 25, 2014 | 8.08% | 5.67% |
| Apr 26, 2013 | 9.95% | 5.98% |
| Apr 27, 2012 | 10.93% | 6.55% |
| Apr 29, 2011 | 10.18% | 6.43% |
| Apr 30, 2010 | 11.03% | 6.57% |
| Apr 24, 2009 | 9.17% | 7.39% |
| Apr 25, 2008 | 10.05% | 5.93% |
| Apr 27, 2007 | 14.36% | 7.06% |
| Apr 28, 2006 | 12.95% | 6.36% |
| Apr 29, 2005 | 10.86% | 6.89% |
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).
Comparison to Industry (Health Care)
Medtronic PLC, ROA, long-term trends, comparison to industry (health care)
| Medtronic PLC | Health Care | |
|---|---|---|
| Apr 26, 2024 | 4.09% | — |
| Apr 28, 2023 | 4.13% | 6.08% |
| Apr 29, 2022 | 5.54% | 8.60% |
| Apr 30, 2021 | 3.87% | 8.69% |
| Apr 24, 2020 | 5.28% | 5.36% |
| Apr 26, 2019 | 5.16% | 7.15% |
| Apr 27, 2018 | 3.40% | 6.08% |
| Apr 28, 2017 | 4.04% | 5.31% |
| Apr 29, 2016 | 3.55% | 6.93% |
| Apr 24, 2015 | 2.51% | 7.37% |
| Apr 25, 2014 | 8.08% | 8.18% |
| Apr 26, 2013 | 9.95% | 8.29% |
| Apr 27, 2012 | 10.93% | 7.68% |
| Apr 29, 2011 | 10.18% | 7.00% |
| Apr 30, 2010 | 11.03% | 6.99% |
| Apr 24, 2009 | 9.17% | 9.19% |
| Apr 25, 2008 | 10.05% | 8.56% |
| Apr 27, 2007 | 14.36% | 8.18% |
| Apr 28, 2006 | 12.95% | 9.77% |
| Apr 29, 2005 | 10.86% | 9.09% |
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).