Medtronic Plc Stock Return On Equity

MDT Stock

USD 80.38 0.91 1.12%

Medtronic PLC fundamentals help investors to digest information that contributes to Medtronic PLC's financial success or failures. It also enables traders to predict the movement of Medtronic Stock. The fundamental analysis module provides a way to measure Medtronic PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Medtronic PLC stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.07	0.07

Return On Equity is likely to drop to 0.07 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Medtronic PLC Company Return On Equity Analysis

Medtronic PLC's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Medtronic PLC Return On Equity

0.0817

Most of Medtronic PLC's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Medtronic PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Medtronic Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Medtronic PLC is extremely important. It helps to project a fair market value of Medtronic Stock properly, considering its historical fundamentals such as Return On Equity. Since Medtronic PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Medtronic PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Medtronic PLC's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Deferred Long Term Liab	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Cash And Equivalents	Net Working Capital
Total Assets		0.99	0.97	0.78	0.9	0.99	0.88	0.15	0.91	0.87	0.98	0.98	0.37	-0.97	0.86	0.43	-0.71	-0.87	0.14	0.5	-0.69	-0.61	-0.54	-0.49	0.49
Total Stockholder Equity	0.99		0.94	0.74	0.9	0.96	0.86	0.08	0.87	0.91	0.95	0.99	0.3	-0.97	0.89	0.32	-0.78	-0.89	0.21	0.4	-0.77	-0.7	-0.62	-0.57	0.56
Net Debt	0.97	0.94		0.85	0.89	0.99	0.9	0.2	0.93	0.78	0.99	0.92	0.47	-0.91	0.78	0.6	-0.55	-0.8	0.06	0.65	-0.53	-0.45	-0.4	-0.39	0.37
Retained Earnings	0.78	0.74	0.85		0.78	0.82	0.8	-0.03	0.79	0.57	0.86	0.71	0.59	-0.69	0.61	0.62	-0.29	-0.7	-0.02	0.72	-0.2	-0.18	-0.2	-0.21	0.13
Net Receivables	0.9	0.9	0.89	0.78		0.89	0.92	0.03	0.74	0.81	0.89	0.86	0.48	-0.8	0.81	0.3	-0.58	-0.74	0.16	0.36	-0.56	-0.55	-0.54	-0.51	0.5
Total Liab	0.99	0.96	0.99	0.82	0.89		0.9	0.22	0.94	0.8	0.99	0.95	0.45	-0.94	0.79	0.55	-0.61	-0.82	0.05	0.62	-0.59	-0.49	-0.42	-0.38	0.4
Total Current Assets	0.88	0.86	0.9	0.8	0.92	0.9		0.17	0.78	0.7	0.89	0.81	0.72	-0.79	0.7	0.44	-0.5	-0.65	0.05	0.52	-0.46	-0.4	-0.36	-0.32	0.31
Short Term Debt	0.15	0.08	0.2	-0.03	0.03	0.22	0.17		0.24	-0.12	0.06	0.04	0.15	-0.13	-0.19	0.48	0.11	0.28	-0.36	0.38	-0.05	0.21	0.36	0.42	-0.5
Intangible Assets	0.91	0.87	0.93	0.79	0.74	0.94	0.78	0.24		0.62	0.93	0.87	0.41	-0.92	0.61	0.66	-0.52	-0.79	-0.15	0.76	-0.48	-0.31	-0.25	-0.18	0.28
Accounts Payable	0.87	0.91	0.78	0.57	0.81	0.8	0.7	-0.12	0.62		0.8	0.92	0.1	-0.85	0.98	0.04	-0.83	-0.85	0.53	0.07	-0.85	-0.9	-0.83	-0.83	0.7
Long Term Debt	0.98	0.95	0.99	0.86	0.89	0.99	0.89	0.06	0.93	0.8		0.94	0.46	-0.93	0.81	0.53	-0.6	-0.87	0.07	0.62	-0.54	-0.48	-0.44	-0.42	0.46
Good Will	0.98	0.99	0.92	0.71	0.86	0.95	0.81	0.04	0.87	0.92	0.94		0.24	-0.98	0.9	0.3	-0.8	-0.92	0.23	0.38	-0.79	-0.72	-0.64	-0.6	0.59
Short Term Investments	0.37	0.3	0.47	0.59	0.48	0.45	0.72	0.15	0.41	0.1	0.46	0.24		-0.26	0.11	0.52	0.05	-0.12	-0.26	0.57	0.18	0.22	0.23	0.19	-0.18
Common Stock	-0.97	-0.97	-0.91	-0.69	-0.8	-0.94	-0.79	-0.13	-0.92	-0.85	-0.93	-0.98	-0.26		-0.82	-0.37	0.8	0.9	-0.11	-0.46	0.76	0.64	0.52	0.48	-0.51
Property Plant Equipment	0.86	0.89	0.78	0.61	0.81	0.79	0.7	-0.19	0.61	0.98	0.81	0.9	0.11	-0.82		0.06	-0.78	-0.86	0.52	0.09	-0.77	-0.86	-0.8	-0.83	0.71
Current Deferred Revenue	0.43	0.32	0.6	0.62	0.3	0.55	0.44	0.48	0.66	0.04	0.53	0.3	0.52	-0.37	0.06		0.19	-0.18	-0.45	0.95	0.2	0.36	0.38	0.35	-0.38
Long Term Investments	-0.71	-0.78	-0.55	-0.29	-0.58	-0.61	-0.5	0.11	-0.52	-0.83	-0.6	-0.8	0.05	0.8	-0.78	0.19		0.78	-0.36	0.1	0.9	0.86	0.67	0.65	-0.72
Short Long Term Debt	-0.87	-0.89	-0.8	-0.7	-0.74	-0.82	-0.65	0.28	-0.79	-0.85	-0.87	-0.92	-0.12	0.9	-0.86	-0.18	0.78		-0.24	-0.32	0.68	0.68	0.63	0.62	-0.69
Net Tangible Assets	0.14	0.21	0.06	-0.02	0.16	0.05	0.05	-0.36	-0.15	0.53	0.07	0.23	-0.26	-0.11	0.52	-0.45	-0.36	-0.24		-0.49	-0.47	-0.66	-0.72	-0.78	0.45
Deferred Long Term Liab	0.5	0.4	0.65	0.72	0.36	0.62	0.52	0.38	0.76	0.07	0.62	0.38	0.57	-0.46	0.09	0.95	0.1	-0.32	-0.49		0.17	0.33	0.34	0.35	-0.29
Long Term Debt Total	-0.69	-0.77	-0.53	-0.2	-0.56	-0.59	-0.46	-0.05	-0.48	-0.85	-0.54	-0.79	0.18	0.76	-0.77	0.2	0.9	0.68	-0.47	0.17		0.92	0.81	0.71	-0.63
Capital Surpluse	-0.61	-0.7	-0.45	-0.18	-0.55	-0.49	-0.4	0.21	-0.31	-0.9	-0.48	-0.72	0.22	0.64	-0.86	0.36	0.86	0.68	-0.66	0.33	0.92		0.92	0.89	-0.77
Net Invested Capital	-0.54	-0.62	-0.4	-0.2	-0.54	-0.42	-0.36	0.36	-0.25	-0.83	-0.44	-0.64	0.23	0.52	-0.8	0.38	0.67	0.63	-0.72	0.34	0.81	0.92		0.88	-0.78
Cash And Equivalents	-0.49	-0.57	-0.39	-0.21	-0.51	-0.38	-0.32	0.42	-0.18	-0.83	-0.42	-0.6	0.19	0.48	-0.83	0.35	0.65	0.62	-0.78	0.35	0.71	0.89	0.88		-0.76
Net Working Capital	0.49	0.56	0.37	0.13	0.5	0.4	0.31	-0.5	0.28	0.7	0.46	0.59	-0.18	-0.51	0.71	-0.38	-0.72	-0.69	0.45	-0.29	-0.63	-0.77	-0.78	-0.76

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Medtronic Return On Equity Historical Pattern

Today, most investors in Medtronic PLC Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Medtronic PLC's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Medtronic PLC return on equity as a starting point in their analysis.

Medtronic PLC Return On Equity

Timeline

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Return On Equity Over Time

Medtronic Total Stockholder Equity

Total Stockholder Equity

62.17 Billion

At this time, Medtronic PLC's Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Medtronic PLC has a Return On Equity of 0.0817. This is 100.34% lower than that of the Health Care Equipment & Supplies sector and 100.94% lower than that of the Health Care industry. The return on equity for all United States stocks is 126.35% lower than that of the firm.

Medtronic Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Medtronic PLC's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Medtronic PLC could also be used in its relative valuation, which is a method of valuing Medtronic PLC by comparing valuation metrics of similar companies.

Medtronic PLC is currently under evaluation in return on equity category among related companies.

Medtronic PLC ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Medtronic PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Medtronic PLC's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Medtronic Fundamentals

	Return On Equity	0.0817
	Return On Asset	0.0423
	Profit Margin	0.13 %
	Operating Margin	0.19 %
	Current Valuation	125 B
	Shares Outstanding	1.33 B
	Shares Owned By Insiders	0.10 %
	Shares Owned By Institutions	85.26 %
	Number Of Shares Shorted	12.43 M
	Price To Earning	20.44 X
	Price To Book	2.05 X
	Price To Sales	3.29 X
	Revenue	31.23 B
	Gross Profit	21.71 B
	EBITDA	9.04 B
	Net Income	3.78 B
	Cash And Equivalents	1.54 B
	Cash Per Share	8.59 X
	Total Debt	24.36 B
	Debt To Equity	0.51 %
	Current Ratio	1.76 X
	Book Value Per Share	38.95 X
	Cash Flow From Operations	6.04 B
	Short Ratio	1.96 X
	Earnings Per Share	3.15 X
	Price To Earnings To Growth	1.52 X
	Target Price	94.0
	Number Of Employees	95 K
	Beta	0.78
	Market Capitalization	107.94 B
	Total Asset	90.95 B
	Retained Earnings	30.39 B
	Working Capital	12.62 B
	Current Asset	23.6 B
	Current Liabilities	7.17 B
	Annual Yield	0.03 %
	Five Year Return	2.18 %
	Net Asset	90.95 B
	Last Dividend Paid	2.75

About Medtronic PLC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Medtronic PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Medtronic PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Medtronic PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Medtronic PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Medtronic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Medtronic Plc Stock. Highlighted below are key reports to facilitate an investment decision about Medtronic Plc Stock:

How To Invest In Medtronic

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Is Medtronic Stock a good investment?

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What is Medtronic PLC's Net Worth?

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Check out Medtronic PLC Piotroski F Score and Medtronic PLC Altman Z Score analysis.

For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Note that the Medtronic PLC information on this page should be used as a complementary analysis to other Medtronic PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.

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Is Medtronic PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Medtronic PLC. If investors know Medtronic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Medtronic PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.078

Dividend Share

2.75

Earnings Share

3.15

Revenue Per Share

24.298

Quarterly Revenue Growth

0.047

The market value of Medtronic PLC is measured differently than its book value, which is the value of Medtronic that is recorded on the company's balance sheet. Investors also form their own opinion of Medtronic PLC's value that differs from its market value or its book value, called intrinsic value, which is Medtronic PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Medtronic PLC's market value can be influenced by many factors that don't directly affect Medtronic PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Medtronic PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medtronic PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medtronic PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Medtronic Plc Stock Return On Equity

Medtronic PLC Company Return On Equity Analysis

Return On Equity

Net Income

Total Equity

Current Medtronic PLC Return On Equity

Medtronic Return On Equity Driver Correlations

Medtronic Return On Equity Historical Pattern

Medtronic Total Stockholder Equity

Total Stockholder Equity

62.17 Billion

Medtronic Return On Equity Peer Comparison

Medtronic PLC ESG Sustainability

Medtronic Fundamentals

About Medtronic PLC Fundamental Analysis

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