Medtronic Net Income from 2010 to 2024

MDT Stock  USD 86.00  1.97  2.24%   
Medtronic PLC Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income will likely drop to about 2.2 B in 2024. From the period from 2010 to 2024, Medtronic PLC Net Income quarterly data regression had r-value of  0.40 and coefficient of variation of  35.26. View All Fundamentals
 
Net Income  
First Reported
1989-07-31
Previous Quarter
654 M
Current Value
B
Quarterly Volatility
479.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 755 M or Total Revenue of 34 B, as well as many indicators such as Price To Sales Ratio of 5.85, Dividend Yield of 0.0177 or PTB Ratio of 3.42. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
Check out the analysis of Medtronic PLC Correlation against competitors.
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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.
ViewLast Reported 3.68 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Medtronic Net Income Regression Statistics

Arithmetic Mean3,414,095,231
Geometric Mean2,698,340,991
Coefficient Of Variation35.26
Mean Deviation801,073,026
Median3,606,000,000
Standard Deviation1,203,867,492
Sample Variance1449296.9T
Range5B
R-Value0.40
Mean Square Error1307151.7T
R-Squared0.16
Significance0.14
Slope108,515,712
Total Sum of Squares20290157.1T

Medtronic Net Income History

20242.2 B
20233.7 B
20223.8 B
2021B
20203.6 B
20194.8 B
20184.6 B

Other Fundumenentals of Medtronic PLC

Medtronic PLC Net Income component correlations

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Net Income, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Medtronic PLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income3.7 B2.4 B
Net Income Applicable To Common Shares4.3 B3.2 B
Net Income From Continuing Ops3.7 B4.2 B
Net Income Per Share 2.77  2.68 
Net Income Per E B T 0.76  0.93 

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Additional 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.