Medtronic Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Medtronic PLC
MDT Stock  USD 81.29  0.72  0.89%   
Medtronic PLC financial statements provide useful quarterly and yearly information to potential Medtronic PLC investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Medtronic PLC financial statements helps investors assess Medtronic PLC's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Medtronic PLC's valuation are summarized below:
Gross Profit
21.7 B
Profit Margin
0.13
Market Capitalization
107 B
Enterprise Value Revenue
3.8137
Revenue
32.3 B
There are currently one hundred twenty fundamental ratios for Medtronic PLC that can be evaluated and compared over time across peers in the industry. All traders should check Medtronic PLC's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.

Medtronic PLC Total Revenue

37.71 Billion

Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 B, Interest Expense of 768 M or Total Revenue of 37.7 B, as well as many exotic indicators such as Price To Sales Ratio of 5.34, Dividend Yield of 0.0105 or PTB Ratio of 5.53. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
This module can also supplement Medtronic PLC's financial leverage analysis and stock options assessment as well as various Medtronic PLC Technical models . Check out the analysis of Medtronic PLC Correlation against competitors.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Medtronic PLC Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets109.8 B104.6 B78.2 B
Slightly volatile
Short and Long Term Debt Total29.4 B28 B22.8 B
Slightly volatile
Other Current Liabilities7.3 B7 B4.5 B
Slightly volatile
Total Current Liabilities10.9 B10.4 B8.4 B
Slightly volatile
Total Stockholder Equity62.2 B59.2 B42.6 B
Slightly volatile
Property Plant And Equipment Net6.7 B6.4 B4.3 B
Slightly volatile
Retained Earnings36.7 B35 B28.5 B
Slightly volatile
Cash1.6 B1.8 B2.7 B
Pretty Stable
Non Current Assets Total83.6 B79.7 B57.3 B
Slightly volatile
Non Currrent Assets Other2.8 B2.7 B2.3 B
Pretty Stable
Cash And Short Term Investments4.8 B9.2 B9.9 B
Very volatile
Net Receivables7.2 B6.9 B5.3 B
Slightly volatile
Common Stock Shares Outstanding1.2 B1.5 B1.3 B
Slightly volatile
Liabilities And Stockholders Equity109.8 B104.6 B78.2 B
Slightly volatile
Non Current Liabilities Total36.5 B34.8 B27.1 B
Slightly volatile
Inventory6.4 B6.1 B3.6 B
Slightly volatile
Other Current Assets2.9 B2.8 B1.8 B
Slightly volatile
Total Liabilities47.4 B45.2 B35.5 B
Slightly volatile
Total Current Assets26.2 B24.9 B20.9 B
Slightly volatile
Short Term Debt21.9 M23 M1.7 B
Pretty Stable
Intangible Assets17.9 B17.1 B15.4 B
Slightly volatile
Accounts Payable3.2 B3.1 B1.7 B
Slightly volatile
Other Liabilities3.9 B7.8 B6 B
Slightly volatile
Long Term Debt29.4 B28 B21.1 B
Slightly volatile
Good Will50 B47.6 B32.9 B
Slightly volatile
Short Term Investments5 B7.4 B7.3 B
Very volatile
Property Plant Equipment8 B7.6 B4.6 B
Slightly volatile
Property Plant And Equipment Gross17 B16.2 B6.9 B
Slightly volatile
Long Term Investments602.5 M374.4 M664.1 M
Slightly volatile
Short and Long Term Debt17.1 M18 M4.2 B
Slightly volatile
Deferred Long Term Liabilities605.3 M637.2 M1.4 B
Pretty Stable
Retained Earnings Total Equity26.6 B27.4 B38.1 B
Slightly volatile
Long Term Debt Total20.6 B21.9 B27.2 B
Slightly volatile
Non Current Liabilities Other2.2 B2 B1.9 B
Pretty Stable
Deferred Long Term Asset Charges1.2 B1.6 B1.2 B
Slightly volatile
Capital Surpluse21.8 B22.1 B28.2 B
Slightly volatile
Capital Lease Obligations49.8 M73.6 M40.6 M
Slightly volatile
Net Invested Capital61.9 B68.3 B78.2 B
Slightly volatile
Cash And Equivalents1.3 B1.4 B3.9 B
Slightly volatile
Net Working Capital13.5 B14.5 B11.9 B
Slightly volatile

Medtronic PLC Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.3 B4.1 B2.5 B
Slightly volatile
Total Revenue37.7 B35.9 B25.7 B
Slightly volatile
Gross Profit24.8 B23.6 B17.6 B
Slightly volatile
Other Operating Expenses30.7 B29.2 B20.4 B
Slightly volatile
Operating Income6.6 B6.3 B4.9 B
Slightly volatile
EBIT3.5 B6.3 B5.2 B
Slightly volatile
EBITDA10.9 B10.4 B7.8 B
Slightly volatile
Cost Of Revenue12.9 B12.3 B8.1 B
Slightly volatile
Total Operating Expenses17.7 B16.9 B12.3 B
Slightly volatile
Income Before Tax6.5 B6.2 B4.5 B
Slightly volatile
Net Income4.5 B4.3 B3.6 B
Slightly volatile
Research Development3.3 B3.1 B2.1 B
Slightly volatile
Selling General Administrative7.5 B12 B8.7 B
Slightly volatile
Net Income Applicable To Common Shares3.2 B4.3 B3.6 B
Slightly volatile
Net Income From Continuing Ops4.2 B4.4 B3.7 B
Slightly volatile
Interest Income140.2 M147.6 M638.5 M
Slightly volatile
Reconciled Depreciation2.2 B2.4 B2.7 B
Slightly volatile

Medtronic PLC Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow2.7 B5.3 B4.4 B
Slightly volatile
Begin Period Cash Flow4.5 B4.3 B3.1 B
Slightly volatile
Depreciation3.3 B3.1 B2.1 B
Slightly volatile
Dividends Paid4.4 B4.2 B2.4 B
Slightly volatile
Capital Expenditures1.8 B1.7 B1 B
Slightly volatile
Total Cash From Operating Activities7.3 B6.9 B5.6 B
Slightly volatile
Net Income2.4 B4.4 B3.5 B
Slightly volatile
End Period Cash Flow1.8 B1.8 B2.7 B
Pretty Stable
Stock Based Compensation306.8 M408.2 M288.9 M
Slightly volatile
Issuance Of Capital Stock458.4 M277.2 M769.1 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.345.84634.454
Slightly volatile
Dividend Yield0.01050.01770.0203
Slightly volatile
PTB Ratio5.533.42372.4738
Slightly volatile
Days Sales Outstanding95.7666.196283.079
Slightly volatile
Book Value Per Share40.1538.239341.78
Slightly volatile
Free Cash Flow Yield0.0330.02770.0437
Slightly volatile
Invested Capital0.280.51310.537
Slightly volatile
Operating Cash Flow Per Share4.874.63984.8324
Pretty Stable
Stock Based Compensation To Revenue0.01730.01140.0148
Slightly volatile
PB Ratio5.533.42372.4738
Slightly volatile
EV To Sales4.146.60335.3244
Slightly volatile
Free Cash Flow Per Share3.813.63223.9998
Slightly volatile
ROIC0.0510.05370.053
Slightly volatile
Inventory Turnover1.692.43062.0298
Slightly volatile
Net Income Per Share2.822.68122.9366
Pretty Stable
Days Of Inventory On Hand197150181
Slightly volatile
Payables Turnover4.764.97774.3345
Slightly volatile
Research And Ddevelopement To Revenue0.10.08280.0833
Slightly volatile
Cash Per Share8.458.04310.9458
Slightly volatile
POCF Ratio26.9428.21719.5986
Slightly volatile
Interest Coverage4.614.84765.7027
Pretty Stable
Payout Ratio0.910.86550.6788
Slightly volatile
PFCF Ratio32.1836.043923.7438
Slightly volatile
Days Payables Outstanding72.9273.327384.6961
Slightly volatile
Income Quality1.091.7191.619
Slightly volatile
ROE0.06660.07010.0719
Slightly volatile
EV To Operating Cash Flow28.7331.870223.8004
Slightly volatile
PE Ratio51.2748.828132.971
Slightly volatile
Return On Tangible Assets0.180.1080.1145
Slightly volatile
EV To Free Cash Flow34.4540.710428.7587
Slightly volatile
Earnings Yield0.01950.02050.0314
Slightly volatile
Intangibles To Total Assets0.670.64140.6421
Pretty Stable
Net Debt To EBITDA3.022.87363.4051
Slightly volatile
Current Ratio1.942.64992.6142
Slightly volatile
Receivables Turnover3.455.51394.7613
Slightly volatile
Graham Number50.4348.030252.0929
Slightly volatile
Shareholders Equity Per Share40.1538.239341.78
Slightly volatile
Debt To Equity0.280.51310.537
Slightly volatile
Revenue Per Share23.5122.393521.1102
Slightly volatile
Interest Debt Per Share21.3220.309324.1851
Slightly volatile
Debt To Assets0.150.28350.2867
Slightly volatile
Enterprise Value Over EBITDA26.3225.068719.0335
Slightly volatile
Short Term Coverage Ratios596567139
Slightly volatile
Price Earnings Ratio51.2748.828132.971
Slightly volatile
Operating Cycle293216264
Slightly volatile
Price Book Value Ratio5.533.42372.4738
Slightly volatile
Days Of Payables Outstanding72.9273.327384.6961
Slightly volatile
Dividend Payout Ratio0.910.86550.6788
Slightly volatile
Price To Operating Cash Flows Ratio26.9428.21719.5986
Slightly volatile
Price To Free Cash Flows Ratio32.1836.043923.7438
Slightly volatile
Pretax Profit Margin0.250.12930.1637
Pretty Stable
Ebt Per Ebit1.010.86860.9115
Pretty Stable
Operating Profit Margin0.250.14890.1789
Very volatile
Company Equity Multiplier1.341.811.8272
Slightly volatile
Long Term Debt To Capitalization0.360.3390.341
Slightly volatile
Total Debt To Capitalization0.180.33910.3432
Slightly volatile
Return On Capital Employed0.05040.0530.053
Slightly volatile
Debt Equity Ratio0.280.51310.537
Slightly volatile
Ebit Per Revenue0.250.14890.1789
Very volatile
Quick Ratio1.341.91321.9688
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.713.53344.6105
Slightly volatile
Net Income Per E B T0.590.92580.8906
Very volatile
Cash Ratio0.440.42230.4007
Slightly volatile
Cash Conversion Cycle228143179
Slightly volatile
Operating Cash Flow Sales Ratio0.180.20720.2285
Slightly volatile
Days Of Inventory Outstanding197150181
Slightly volatile
Days Of Sales Outstanding95.7666.196283.079
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.550.78290.8125
Slightly volatile
Cash Flow Coverage Ratios0.220.23650.2224
Slightly volatile
Price To Book Ratio5.533.42372.4738
Slightly volatile
Fixed Asset Turnover4.395.76845.2321
Slightly volatile
Price Cash Flow Ratio26.9428.21719.5986
Slightly volatile
Enterprise Value Multiple26.3225.068719.0335
Slightly volatile
Debt Ratio0.150.28350.2867
Slightly volatile
Cash Flow To Debt Ratio0.220.23650.2224
Slightly volatile
Price Sales Ratio5.345.84634.454
Slightly volatile
Return On Assets0.03680.03870.0393
Slightly volatile
Asset Turnover0.310.32350.2805
Slightly volatile
Net Profit Margin0.140.11970.1406
Pretty Stable
Gross Profit Margin0.80.65190.6824
Very volatile
Price Fair Value5.533.42372.4738
Slightly volatile
Return On Equity0.06660.07010.0719
Slightly volatile

Medtronic PLC Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap166.4 B158.5 B139.2 B
Slightly volatile
Enterprise Value187.9 B179 B161.4 B
Slightly volatile

Medtronic Fundamental Market Drivers

Forward Price Earnings14.6628
Cash And Short Term Investments8 B

Medtronic Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
23rd of May 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
30th of April 2023
Last Financial Announcement
View

About Medtronic PLC Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Medtronic PLC income statement, its balance sheet, and the statement of cash flows. Medtronic PLC investors use historical funamental indicators, such as Medtronic PLC's revenue or net income, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may use each financial statement separately, they are all related. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Medtronic PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Medtronic PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Medtronic PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue282.6 M268.5 M
Total Revenue35.9 B37.7 B
Cost Of Revenue12.3 B12.9 B
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.08  0.10 
Capex To Revenue(0.04)(0.05)
Revenue Per Share 22.39  23.51 
Ebit Per Revenue 0.15  0.25 

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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 the analysis of Medtronic PLC Correlation against competitors.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting 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.
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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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