Return on Equity (ROE)
since 2005
Calculation
Medtronic PLC, ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income attributable to Medtronic1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Apr 26, 2024 | 7.32% | = | 100 | × | 3,676) | ÷ | 50,214) |
| Apr 28, 2023 | 7.30% | = | 100 | × | 3,758) | ÷ | 51,483) |
| Apr 29, 2022 | 9.59% | = | 100 | × | 5,039) | ÷ | 52,551) |
| Apr 30, 2021 | 7.01% | = | 100 | × | 3,606) | ÷ | 51,428) |
| Apr 24, 2020 | 9.44% | = | 100 | × | 4,789) | ÷ | 50,737) |
| Apr 26, 2019 | 9.25% | = | 100 | × | 4,631) | ÷ | 50,091) |
| Apr 27, 2018 | 6.12% | = | 100 | × | 3,104) | ÷ | 50,720) |
| Apr 28, 2017 | 8.01% | = | 100 | × | 4,028) | ÷ | 50,294) |
| Apr 29, 2016 | 6.80% | = | 100 | × | 3,538) | ÷ | 52,063) |
| Apr 24, 2015 | 5.03% | = | 100 | × | 2,675) | ÷ | 53,230) |
| Apr 25, 2014 | 15.76% | = | 100 | × | 3,065) | ÷ | 19,443) |
| Apr 26, 2013 | 18.57% | = | 100 | × | 3,467) | ÷ | 18,671) |
| Apr 27, 2012 | 21.14% | = | 100 | × | 3,617) | ÷ | 17,113) |
| Apr 29, 2011 | 19.39% | = | 100 | × | 3,096) | ÷ | 15,968) |
| Apr 30, 2010 | 21.18% | = | 100 | × | 3,099) | ÷ | 14,629) |
| Apr 24, 2009 | 16.88% | = | 100 | × | 2,169) | ÷ | 12,851) |
| Apr 25, 2008 | 19.34% | = | 100 | × | 2,231) | ÷ | 11,536) |
| Apr 27, 2007 | 25.53% | = | 100 | × | 2,802) | ÷ | 10,977) |
| Apr 28, 2006 | 27.14% | = | 100 | × | 2,547) | ÷ | 9,383) |
| Apr 29, 2005 | 17.26% | = | 100 | × | 1,804) | ÷ | 10,450) |
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, ROE, 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 | 7.32% | — | — | — | — | — | — | — |
| Apr 28, 2023 | 7.30% | 14.83% | 11.17% | 10.91% | 15.23% | 15.31% | 13.51% | 25.22% |
| Apr 29, 2022 | 9.59% | 18.90% | 14.86% | 5.84% | 16.59% | 18.33% | 11.98% | 25.87% |
| Apr 30, 2021 | 7.01% | 19.75% | 11.39% | 10.54% | 16.93% | 18.24% | 14.32% | 24.09% |
| Apr 24, 2020 | 9.44% | 13.71% | 16.81% | 10.35% | 13.77% | 24.53% | 10.90% | 23.52% |
| Apr 26, 2019 | 9.25% | 11.86% | 11.26% | 10.39% | 15.15% | 22.49% | 16.69% | 24.02% |
| Apr 27, 2018 | 6.12% | 7.76% | 6.43% | -1.02% | 13.14% | 16.56% | 16.89% | 23.19% |
| Apr 28, 2017 | 8.01% | 1.54% | 16.32% | 17.57% | 14.50% | 24.87% | 13.97% | 22.10% |
| Apr 29, 2016 | 6.80% | 6.82% | 13.60% | 14.44% | 9.84% | 5.75% | 12.74% | 18.33% |
| Apr 24, 2015 | 5.03% | 20.85% | 17.40% | 14.08% | 11.11% | 12.33% | 13.63% | 17.18% |
| Apr 25, 2014 | 15.76% | 10.61% | 19.51% | 12.23% | 10.60% | 11.89% | 12.39% | 17.31% |
| Apr 26, 2013 | 18.57% | 10.23% | 13.97% | 12.10% | 10.05% | 13.21% | 19.16% | 17.50% |
| Apr 27, 2012 | 21.14% | 22.32% | 16.61% | 10.28% | 11.16% | 13.81% | 18.34% | 17.72% |
| Apr 29, 2011 | 19.39% | 19.35% | 15.90% | 9.10% | 11.36% | 17.60% | 18.71% | 18.17% |
| Apr 30, 2010 | 21.18% | 20.66% | 20.24% | 9.09% | 12.12% | 15.88% | 18.74% | 17.94% |
| Apr 24, 2009 | 16.88% | 25.14% | 24.04% | 10.33% | 19.09% | 18.00% | 15.13% | 16.19% |
| Apr 25, 2008 | 19.34% | 27.92% | 8.13% | 9.29% | 11.62% | 14.52% | 16.13% | 14.33% |
| Apr 27, 2007 | 25.53% | 20.28% | 23.48% | 8.42% | 14.55% | 20.69% | 16.26% | 23.20% |
| Apr 28, 2006 | 27.14% | 12.22% | 26.67% | 13.80% | 12.59% | 15.96% | 12.22% | 19.99% |
| Apr 29, 2005 | 17.26% | 23.39% | 30.32% | 14.70% | 9.86% | 12.47% | 21.27% | 18.61% |
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, ROE, long-term trends, comparison to sector (health care equipment & services)
| Medtronic PLC | Health Care Equipment & Services | |
|---|---|---|
| Apr 26, 2024 | 7.32% | — |
| Apr 28, 2023 | 7.30% | 15.02% |
| Apr 29, 2022 | 9.59% | 15.36% |
| Apr 30, 2021 | 7.01% | 15.06% |
| Apr 24, 2020 | 9.44% | 15.16% |
| Apr 26, 2019 | 9.25% | 14.26% |
| Apr 27, 2018 | 6.12% | 9.39% |
| Apr 28, 2017 | 8.01% | 13.94% |
| Apr 29, 2016 | 6.80% | 11.31% |
| Apr 24, 2015 | 5.03% | 12.64% |
| Apr 25, 2014 | 15.76% | 13.70% |
| Apr 26, 2013 | 18.57% | 13.65% |
| Apr 27, 2012 | 21.14% | 15.84% |
| Apr 29, 2011 | 19.39% | 14.97% |
| Apr 30, 2010 | 21.18% | 15.36% |
| Apr 24, 2009 | 16.88% | 17.15% |
| Apr 25, 2008 | 19.34% | 14.71% |
| Apr 27, 2007 | 25.53% | 16.97% |
| Apr 28, 2006 | 27.14% | 16.84% |
| Apr 29, 2005 | 17.26% | 16.86% |
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, ROE, long-term trends, comparison to industry (health care)
| Medtronic PLC | Health Care | |
|---|---|---|
| Apr 26, 2024 | 7.32% | — |
| Apr 28, 2023 | 7.30% | 17.03% |
| Apr 29, 2022 | 9.59% | 22.88% |
| Apr 30, 2021 | 7.01% | 24.08% |
| Apr 24, 2020 | 9.44% | 15.82% |
| Apr 26, 2019 | 9.25% | 20.90% |
| Apr 27, 2018 | 6.12% | 17.33% |
| Apr 28, 2017 | 8.01% | 14.32% |
| Apr 29, 2016 | 6.80% | 17.89% |
| Apr 24, 2015 | 5.03% | 18.18% |
| Apr 25, 2014 | 15.76% | 18.66% |
| Apr 26, 2013 | 18.57% | 18.20% |
| Apr 27, 2012 | 21.14% | 17.48% |
| Apr 29, 2011 | 19.39% | 15.35% |
| Apr 30, 2010 | 21.18% | 14.63% |
| Apr 24, 2009 | 16.88% | 19.52% |
| Apr 25, 2008 | 19.34% | 18.97% |
| Apr 27, 2007 | 25.53% | 17.18% |
| Apr 28, 2006 | 27.14% | 20.41% |
| Apr 29, 2005 | 17.26% | 18.45% |
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).