Medtronic Net Income from 2010 to 2024
| MDT Stock | USD 79.74 0.49 0.62% |
Net Income | First Reported 1989-07-31 | Previous Quarter 909 M | Current Value 1.3 B | Quarterly Volatility 480.6 M |
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 0.0102 or PTB Ratio of 5.53. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
Medtronic | Net Income |
Latest Medtronic PLC's Net Income Growth Pattern
Below is the plot of the Net Income of Medtronic PLC over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Medtronic PLC financial statement analysis. It represents the amount of money remaining after all of Medtronic PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Medtronic PLC's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Medtronic PLC's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 3.78 B | 10 Years Trend |
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Net Income |
| Timeline |
Medtronic Net Income Regression Statistics
| Arithmetic Mean | 3,615,325,667 | |
| Geometric Mean | 2,865,546,490 | |
| Coefficient Of Variation | 33.18 | |
| Mean Deviation | 773,183,956 | |
| Median | 3,617,000,000 | |
| Standard Deviation | 1,199,416,972 | |
| Sample Variance | 1438601.1T | |
| Range | 5B | |
| R-Value | 0.68 | |
| Mean Square Error | 838399.3T | |
| R-Squared | 0.46 | |
| Significance | 0.01 | |
| Slope | 181,671,054 | |
| Total Sum of Squares | 20140415T |
Medtronic Net Income History
Other Fundumenentals of Medtronic PLC
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Medtronic PLC Net Income component correlations
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 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 Reported | Projected for Next Year | ||
| Net Income | 4.4 B | 2.4 B | |
| Net Income Applicable To Common Shares | 4.3 B | 3.2 B | |
| Net Income From Continuing Ops | 4.4 B | 4.2 B | |
| Net Income Per Share | 2.68 | 2.82 | |
| Net Income Per E B T | 0.93 | 0.59 |
Medtronic PLC Investors Sentiment
The influence of Medtronic PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Medtronic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Medtronic PLC's public news can be used to forecast risks associated with an investment in Medtronic. The trend in average sentiment can be used to explain how an investor holding Medtronic can time the market purely based on public headlines and social activities around Medtronic PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Medtronic PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Medtronic PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Medtronic PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Medtronic PLC.
Medtronic PLC Implied Volatility | 19.96 |
Medtronic PLC's implied volatility exposes the market's sentiment of Medtronic PLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Medtronic PLC's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Medtronic PLC stock will not fluctuate a lot when Medtronic PLC's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Medtronic PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Medtronic PLC's short interest history, or implied volatility extrapolated from Medtronic PLC options trading.
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Try AI Portfolio ArchitectCheck 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Medtronic Stock analysis
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.