Medtronic PLC
NYSE:MDT

Watchlist Manager
Medtronic PLC Logo
Medtronic PLC
NYSE:MDT
Watchlist
Price: 83.48 USD -0.17% Market Closed
Market Cap: 107.1B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Income Statement

0
Revenue
+0%
3Y
+4%
5Y
+7%
10Y
+89%
0
Operating Income
+0%
3Y
-9%
5Y
-12%
10Y
+28%
0
Net Income
+0%
3Y
-13%
5Y
-20%
10Y
+36%

Earnings Waterfall
Medtronic PLC

Revenue
33.2B USD
Cost of Revenue
-11.4B USD
Gross Profit
21.8B USD
Operating Expenses
-15.3B USD
Operating Income
6.5B USD
Other Expenses
-2.2B USD
Net Income
4.3B USD

Income Statement
Medtronic PLC

Rotate your device to view
Income Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Jan-2015 Apr-2015 Jul-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Jan-2017 Apr-2017 Jul-2017 Oct-2017 Jan-2018 Apr-2018 Jul-2018 Oct-2018 Jan-2019 Apr-2019 Jul-2019 Oct-2019 Jan-2020 Apr-2020 Jul-2020 Oct-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Jan-2023 Apr-2023 Jul-2023 Oct-2023 Jan-2024 Apr-2024 Jul-2024 Oct-2024 Jan-2025
Revenue
Interest Expense
367
666
875
1 105
1 204
1 386
1 352
1 292
1 285
1 094
1 108
1 117
1 119
1 108
1 064
1 032
1 005
959
913
837
750
679
654
651
638
617
584
558
552
553
527
509
539
583
620
682
703
719
737
766
757
Revenue
17 522
N/A
20 261
+16%
23 262
+15%
25 954
+12%
28 570
+10%
28 833
+1%
28 725
0%
29 012
+1%
29 361
+1%
29 710
+1%
29 934
+1%
29 639
-1%
29 725
+0%
29 953
+1%
29 947
0%
30 378
+1%
30 555
+1%
30 557
+0%
30 666
+0%
30 891
+1%
31 062
+1%
28 913
-7%
27 927
-3%
27 868
0%
27 926
+0%
30 117
+8%
31 597
+5%
31 797
+1%
31 785
0%
31 686
0%
31 070
-2%
30 808
-1%
30 772
0%
31 227
+1%
31 559
+1%
31 958
+1%
32 320
+1%
32 364
+0%
32 577
+1%
32 996
+1%
33 199
+1%
Gross Profit
Cost of Revenue
(4 546)
(6 309)
(7 660)
(8 700)
(9 713)
(9 142)
(8 933)
(9 074)
(9 200)
(9 267)
(9 367)
(9 160)
(9 086)
(9 039)
(8 881)
(8 946)
(8 997)
(9 064)
(9 200)
(9 381)
(9 487)
(9 269)
(9 422)
(9 733)
(9 968)
(10 355)
(10 385)
(10 178)
(10 026)
(9 971)
(9 961)
(10 011)
(10 241)
(10 622)
(10 740)
(10 970)
(11 077)
(11 091)
(11 230)
(11 419)
(11 424)
Gross Profit
12 976
N/A
13 952
+8%
15 602
+12%
17 254
+11%
18 857
+9%
19 691
+4%
19 792
+1%
19 938
+1%
20 161
+1%
20 443
+1%
20 567
+1%
20 479
0%
20 639
+1%
20 914
+1%
21 066
+1%
21 432
+2%
21 558
+1%
21 493
0%
21 466
0%
21 510
+0%
21 575
+0%
19 644
-9%
18 505
-6%
18 135
-2%
17 958
-1%
19 762
+10%
21 212
+7%
21 619
+2%
21 759
+1%
21 715
0%
21 109
-3%
20 797
-1%
20 531
-1%
20 605
+0%
20 819
+1%
20 988
+1%
21 243
+1%
21 273
+0%
21 347
+0%
21 577
+1%
21 775
+1%
Operating Income
Operating Expenses
(7 908)
(9 185)
(10 713)
(12 185)
(13 702)
(13 731)
(13 633)
(13 730)
(13 787)
(14 484)
(14 278)
(14 345)
(14 437)
(14 258)
(14 654)
(14 785)
(14 823)
(14 592)
(14 231)
(14 274)
(14 260)
(14 080)
(13 786)
(13 818)
(13 965)
(14 367)
(14 838)
(14 762)
(14 678)
(14 809)
(14 638)
(14 486)
(14 472)
(14 259)
(14 375)
(14 562)
(14 799)
(15 152)
(15 205)
(15 289)
(15 310)
Selling, General & Administrative
(6 039)
(6 904)
(7 847)
(8 683)
(9 513)
(9 469)
(9 448)
(9 521)
(9 592)
(10 018)
(10 077)
(10 099)
(10 207)
(9 953)
(10 005)
(10 121)
(10 125)
(10 232)
(10 176)
(10 180)
(10 205)
(9 875)
(9 763)
(9 757)
(9 739)
(9 776)
(9 917)
(9 944)
(9 958)
(10 135)
(10 196)
(10 189)
(10 243)
(10 242)
(10 307)
(10 385)
(10 460)
(10 628)
(10 687)
(10 788)
(10 855)
Research & Development
(1 497)
(1 640)
(1 833)
(2 004)
(2 177)
(2 224)
(2 222)
(2 231)
(2 215)
(2 193)
(2 186)
(2 188)
(2 217)
(2 256)
(2 292)
(2 326)
(2 328)
(2 330)
(2 332)
(2 345)
(2 357)
(2 331)
(2 365)
(2 401)
(2 429)
(2 493)
(2 622)
(2 659)
(2 726)
(2 746)
(2 688)
(2 688)
(2 708)
(2 696)
(2 673)
(2 695)
(2 702)
(2 735)
(2 744)
(2 743)
(2 723)
Depreciation & Amortization
(351)
(733)
(1 127)
(1 521)
(1 916)
(1 931)
(1 937)
(1 954)
(1 967)
(1 980)
(1 947)
(1 907)
(1 871)
(1 823)
(1 815)
(1 800)
(1 775)
(1 764)
(1 758)
(1 754)
(1 754)
(1 756)
(1 756)
(1 758)
(1 775)
(1 783)
(1 778)
(1 766)
(1 745)
(1 733)
(1 721)
(1 711)
(1 710)
(1 698)
(1 704)
(1 708)
(1 696)
(1 693)
(1 677)
(1 665)
(1 662)
Other Operating Expenses
(21)
92
94
23
(96)
(107)
(26)
(24)
(13)
(293)
(68)
(151)
(142)
(226)
(542)
(538)
(595)
(266)
35
5
56
(118)
98
98
(22)
(315)
(521)
(393)
(249)
(195)
(33)
102
189
377
309
226
59
(96)
(97)
(93)
(70)
Operating Income
5 068
N/A
4 767
-6%
4 889
+3%
5 069
+4%
5 155
+2%
5 960
+16%
6 159
+3%
6 208
+1%
6 374
+3%
5 959
-7%
6 289
+6%
6 134
-2%
6 202
+1%
6 656
+7%
6 412
-4%
6 647
+4%
6 735
+1%
6 901
+2%
7 235
+5%
7 236
+0%
7 315
+1%
5 564
-24%
4 719
-15%
4 317
-9%
3 993
-8%
5 395
+35%
6 374
+18%
6 857
+8%
7 081
+3%
6 906
-2%
6 471
-6%
6 311
-2%
6 059
-4%
6 346
+5%
6 444
+2%
6 426
0%
6 444
+0%
6 121
-5%
6 142
+0%
6 288
+2%
6 465
+3%
Pre-Tax Income
Interest Income Expense
(280)
(490)
(688)
(820)
(781)
(1 025)
(1 002)
(992)
(1 044)
(674)
(792)
(787)
(870)
(1 164)
(901)
(810)
(698)
(452)
(622)
(661)
(507)
(262)
(463)
(414)
(432)
(425)
(358)
(328)
(334)
(541)
(380)
(327)
(265)
(164)
(211)
(217)
(243)
(721)
(552)
(585)
(653)
Non-Reccuring Items
(1 008)
(791)
(858)
(845)
(985)
(599)
(773)
(703)
(1 029)
(630)
(642)
17
329
172
40
(638)
(748)
(1 342)
(1 705)
(1 850)
(1 877)
(1 303)
(740)
(1 067)
(1 105)
(1 219)
(2 011)
(1 553)
(1 395)
(1 154)
(513)
(516)
(531)
(914)
(819)
(861)
(788)
(977)
(988)
(879)
(893)
Total Other Income
0
0
0
0
0
0
0
0
0
(53)
(46)
(39)
(276)
11
109
88
341
90
86
208
211
56
146
57
78
144
139
136
129
306
150
162
153
96
103
87
119
414
306
330
303
Pre-Tax Income
3 780
N/A
3 486
-8%
3 343
-4%
3 404
+2%
3 389
0%
4 336
+28%
4 384
+1%
4 513
+3%
4 301
-5%
4 602
+7%
4 809
+4%
5 325
+11%
5 385
+1%
5 675
+5%
5 660
0%
5 287
-7%
5 630
+6%
5 197
-8%
4 994
-4%
4 933
-1%
5 142
+4%
4 055
-21%
3 662
-10%
2 893
-21%
2 534
-12%
3 895
+54%
4 144
+6%
5 112
+23%
5 481
+7%
5 517
+1%
5 728
+4%
5 630
-2%
5 416
-4%
5 364
-1%
5 517
+3%
5 435
-1%
5 532
+2%
4 837
-13%
4 908
+1%
5 154
+5%
5 222
+1%
Net Income
Tax Provision
(656)
(811)
(719)
(1 088)
(955)
(798)
(737)
(275)
(338)
(578)
(705)
(319)
(346)
(298)
(244)
(706)
(643)
(535)
(533)
(279)
172
688
725
617
336
(371)
(236)
(381)
(546)
(456)
(504)
(1 287)
(1 327)
(1 580)
(1 867)
(1 310)
(1 299)
(1 133)
(954)
(833)
(935)
Income from Continuing Operations
3 124
2 675
2 624
2 316
2 434
3 538
3 647
4 238
3 963
4 024
4 104
5 006
5 039
5 377
5 416
4 581
4 987
4 662
4 461
4 654
5 314
4 743
4 387
3 510
2 870
3 524
3 908
4 731
4 935
5 061
5 224
4 343
4 089
3 784
3 650
4 125
4 233
3 704
3 954
4 321
4 287
Income to Minority Interest
0
0
0
0
0
0
0
4
5
4
11
11
13
9
0
(9)
(14)
(19)
(30)
(32)
(34)
(17)
(8)
(6)
(11)
(24)
(26)
(27)
(22)
(22)
(18)
(20)
(22)
(26)
(29)
(23)
(32)
(28)
(28)
(35)
(29)
Net Income (Common)
3 124
N/A
2 675
-14%
2 624
-2%
2 316
-12%
2 434
+5%
3 538
+45%
3 647
+3%
4 242
+16%
3 968
-6%
4 028
+2%
4 115
+2%
5 017
+22%
2 807
-44%
3 104
+11%
3 163
+2%
2 261
-29%
4 919
+118%
4 631
-6%
4 420
-5%
4 669
+6%
5 315
+14%
4 789
-10%
4 412
-8%
3 537
-20%
2 892
-18%
3 606
+25%
3 882
+8%
4 704
+21%
4 914
+4%
5 039
+3%
5 205
+3%
4 321
-17%
4 063
-6%
3 758
-8%
3 619
-4%
4 101
+13%
4 201
+2%
3 676
-12%
3 927
+7%
4 288
+9%
4 260
-1%
EPS (Diluted)
3.12
N/A
2.41
-23%
1.82
-24%
1.62
-11%
1.7
+5%
2.48
+46%
2.59
+4%
3.04
+17%
2.86
-6%
2.89
+1%
2.99
+3%
3.67
+23%
2.07
-44%
2.26
+9%
2.31
+2%
1.66
-28%
3.63
+119%
3.42
-6%
3.27
-4%
3.45
+6%
3.93
+14%
3.54
-10%
3.26
-8%
2.61
-20%
2.13
-18%
2.66
+25%
2.87
+8%
3.48
+21%
3.64
+5%
3.73
+2%
3.91
+5%
3.24
-17%
3.04
-6%
2.82
-7%
2.71
-4%
3.07
+13%
3.14
+2%
2.76
-12%
3.02
+9%
3.33
+10%
3.31
-1%

See Also

Summary
MDT intrinsic value, competitors valuation, and company profile.
DCF Valuation
MDT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MDT stock valuation using valuation multiples.
Wall Street Estimates
MDT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MDT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 253,800+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.