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Medtronic PLC
NYSE:MDT

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Medtronic PLC Logo
Medtronic PLC
NYSE:MDT
Watchlist
Price: 85.92 USD 0.33% Market Closed
Updated: May 17, 2024

Gross Margin
Medtronic PLC

65.7%
Current
67%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
65.7%
=
Gross Profit
21.2B
/
Revenue
32.3B

Gross Margin Across Competitors

Country IE
Market Cap 114.2B USD
Gross Margin
66%
Country US
Market Cap 181.1B USD
Gross Margin
55%
Country US
Market Cap 141.1B USD
Gross Margin
66%
Country US
Market Cap 127.5B USD
Gross Margin
64%
Country US
Market Cap 109B USD
Gross Margin
69%
Country US
Market Cap 68.2B USD
Gross Margin
41%
Country DE
Market Cap 59B EUR
Gross Margin
36%
Country US
Market Cap 53.6B USD
Gross Margin
77%
Country US
Market Cap 51.9B USD
Gross Margin
63%
Country CN
Market Cap 373.7B CNY
Gross Margin
65%
Country US
Market Cap 45B USD
Gross Margin
60%

Profitability Report

View the profitability report to see the full profitability analysis for Medtronic PLC.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
65.7%
=
Gross Profit
21.2B
/
Revenue
32.3B
What is the Gross Margin of Medtronic PLC?

Based on Medtronic PLC's most recent financial statements, the company has Gross Margin of 65.7%.