70/100B101.820
USD
-3.03
(-2.89%)
Pre Open
Last updated: · Delayed 15 min
Fair value103.28Plus-1%77Price 101.82180
Q2 FY2027 · Earnings report
EPS estimate 1.33Revenue estimate 9.48B
Q2 FY2027 · Earnings report
EPS estimate 1.33Revenue estimate 9.48B
Medtronic income statement 1986–2027What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
37.54B USD over the last twelve months, and 36.36B USD in fiscal year 2026.
Revenue Operating income Net income
Click a line's chart icon in the table to add it to the chart; hover over it for a quick look.
| Fiscal year | TTM 31 Jul 2026 | FY2026 24 Apr 2026 | FY2025 25 Apr 2025 | FY2024 26 Apr 2024 | FY2023 28 Apr 2023 | FY2022 29 Apr 2022 | FY2021 30 Apr 2021 | FY2020 30 Apr 2020 | FY2019 26 Apr 2019 | FY2018 27 Apr 2018 | FY2017 28 Apr 2017 | FY2016 29 Apr 2016 | FY2015 30 Apr 2015 | FY2014 25 Apr 2014 | FY2013 30 Apr 2013 | FY2012 30 Apr 2012 | FY2011 30 Apr 2011 | FY2010 30 Apr 2010 | FY2009 30 Apr 2009 | FY2008 30 Apr 2008 | FY2007 30 Apr 2007 | FY2006 30 Apr 2006 | FY2005 30 Apr 2005 | FY2004 30 Apr 2004 | FY2003 30 Apr 2003 | FY2002 30 Apr 2002 | FY2001 30 Apr 2001 | FY2000 30 Apr 2000 | FY1999 30 Apr 1999 | FY1998 30 Apr 1998 | FY1997 30 Apr 1997 | FY1996 30 Apr 1996 | FY1995 30 Apr 1995 | FY1994 30 Apr 1994 | FY1993 30 Apr 1993 | FY1992 30 Apr 1992 | FY1991 30 Apr 1991 | FY1990 30 Apr 1990 | FY1989 30 Apr 1989 | FY1988 30 Apr 1988 | FY1987 30 Apr 1987 | FY1986 30 Apr 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
RevenueWhat is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement. | 37.54B | 36.36B | 33.54B | 32.36B | 31.23B | 31.69B | 30.12B | 28.91B | 30.56B | 29.95B | 29.71B | 28.83B | 20.26B | 17.01B | 16.59B | 16.18B | 15.93B | 15.82B | 14.60B | 13.52B | 12.30B | 11.29B | 10.05B | 9.09B | 7.67B | 6.41B | 5.55B | 5.01B | 4.13B | 2.60B | 2.44B | 2.17B | 1.74B | 1.39B | 1.33B | 1.18B | 1.02B | 836.60M | 741.70M | 653.30M | 502.00M | 402.80M |
Revenue growth | +9.77% | +8.43% | +3.62% | +3.64% | -1.45% | +5.21% | +4.16% | -5.38% | +2.02% | +0.82% | +3.04% | |||||||||||||||||||||||||||||||
Cost of revenue | 12.51B | 12.72B | 11.63B | 11.22B | 10.72B | 10.15B | 10.48B | 9.42B | 9.16B | 9.07B | 9.29B | 9.14B | 6.31B | 4.33B | 4.13B | 3.89B | 3.70B | 3.58B | 3.52B | 3.45B | 3.17B | 2.82B | 2.45B | 2.25B | 1.89B | 1.65B | 1.11B | 1.02B | 886.20M | 740.30M | 629.30M | 479.40M | 433.60M | 353.10M | 350.50M | 322.40M | 285.20M | 232.40M | 194.40M | 181.00M | 142.80M | 117.50M |
Gross profit | 25.04B | 23.64B | 21.91B | 21.15B | 20.51B | 21.54B | 19.63B | 19.49B | 21.40B | 20.89B | 20.42B | 19.69B | 13.95B | 12.67B | 12.46B | 12.30B | 11.81B | 11.81B | 11.08B | 10.07B | 9.13B | 8.48B | 7.61B | 6.83B | 5.77B | 4.76B | 4.44B | 3.99B | 3.35B | 2.68B | 2.32B | 1.69B | 1.31B | 1.04B | 977.70M | 854.50M | 736.20M | 604.20M | 547.30M | 472.30M | 359.20M | 285.30M |
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 66.69% | 65.02% | 65.32% | 65.34% | 65.67% | 67.98% | 65.19% | 67.41% | 70.04% | 69.73% | 68.72% | |||||||||||||||||||||||||||||||
Research and development | 2.92B | 2.87B | 2.73B | 2.74B | 2.70B | 2.75B | 2.49B | 2.33B | 2.33B | 2.26B | 2.19B | 2.22B | 1.64B | 1.48B | 1.56B | 1.49B | 1.51B | 1.46B | 1.36B | 1.28B | 1.24B | 1.11B | 951.30M | 851.50M | 749.40M | 646.30M | 577.60M | 479.70M | 429.20M | 297.20M | 280.20M | 236.70M | 191.40M | 156.30M | — | — | — | — | — | — | — | — |
Selling, general and administrative | 12.18B | 11.78B | 10.85B | 10.74B | 10.42B | 10.29B | 10.15B | 10.11B | 10.42B | 10.24B | 10.02B | 9.47B | 6.90B | 5.85B | 5.70B | 5.62B | 5.43B | 5.28B | 5.87B | 4.71B | 4.15B | 3.66B | 3.21B | 2.80B | 2.37B | 1.96B | 1.69B | 1.58B | 1.33B | 1.05B | 944.50M | 944.70M | 574.60M | 470.30M | 613.00M | 549.10M | 483.30M | 399.80M | 373.00M | 313.20M | 227.10M | 185.70M |
Operating expenses | 18.25B | 17.18B | 15.95B | 16.00B | 15.02B | 15.79B | 15.15B | 14.70B | 15.13B | 14.25B | 15.03B | 14.33B | 10.19B | 8.86B | 8.06B | 12.30B | 11.81B | 11.81B | 11.08B | 10.07B | 9.13B | 8.48B | 7.61B | 6.83B | 5.77B | 4.76B | 4.44B | 3.99B | 3.35B | 2.68B | 2.32B | 1.69B | 1.31B | 1.04B | 977.70M | 854.50M | 736.20M | 604.20M | 547.30M | 472.30M | 359.20M | 285.30M |
| 6.79B | 6.47B | 5.96B | 5.14B | 5.49B | 5.75B | 4.48B | 4.79B | 6.27B | 6.64B | 5.38B | 5.36B | 3.77B | 3.81B | 4.40B | 4.48B | 4.46B | 4.79B | 3.46B | 3.65B | 3.74B | 3.71B | 3.44B | 3.18B | 2.65B | 2.15B | 1.88B | 1.68B | 1.36B | 1.09B | 913.80M | 636.00M | 436.30M | 332.60M | 295.10M | 246.00M | 206.40M | 165.00M | 129.70M | 130.10M | 105.70M | 76.30M | |
Operating income growth | +10.85% | +8.60% | +15.77% | -6.22% | -4.64% | +28.28% | -6.41% | -23.56% | -5.60% | +23.35% | +0.41% | |||||||||||||||||||||||||||||||
Operating marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 18.08% | 17.78% | 17.76% | 15.89% | 17.56% | 18.15% | 14.89% | 16.57% | 20.51% | 22.17% | 18.12% | |||||||||||||||||||||||||||||||
Interest income | — | — | — | — | — | — | — | — | — | — | — | 431.00M | 386.00M | 271.00M | 237.00M | 200.00M | 172.00M | 156.00M | 188.00M | 364.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Interest expense | 725.00M | 715.00M | 729.00M | 719.00M | 636.00M | 553.00M | 925.00M | 1.09B | 1.44B | 1.15B | 1.09B | 1.39B | 666.00M | 379.00M | 388.00M | 349.00M | 450.00M | 402.00M | 371.00M | 255.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Other non-operating income | -183.00M | -331.00M | -327.00M | -307.00M | -121.00M | -235.00M | -589.00M | -736.00M | -1.07B | -965.00M | -781.00M | -1.03B | -280.00M | -108.00M | -151.00M | -338.00M | -796.00M | -843.00M | -1.02B | -766.00M | -224.00M | -544.00M | -900.00M | -384.50M | -312.30M | -624.80M | -329.00M | -68.70M | -535.30M | -180.30M | -27.10M | 23.00M | 5.80M | 14.20M | 18.40M | -3.10M | -10.10M | -5.10M | 20.60M | 1.00M | 3.00M | 15.40M |
Pretax income | 6.60B | 6.14B | 5.63B | 4.84B | 5.36B | 5.52B | 3.90B | 4.06B | 5.20B | 5.68B | 4.60B | 4.34B | 3.49B | 3.71B | 4.25B | 4.15B | 3.66B | 3.94B | 2.44B | 2.89B | 3.52B | 3.16B | 2.54B | 2.80B | 2.34B | 1.52B | 1.55B | 1.61B | 825.10M | 911.40M | 886.70M | 659.00M | 442.10M | 346.80M | 313.50M | 242.90M | 196.30M | 159.90M | 150.30M | 131.10M | 108.70M | 91.70M |
Income tax | 1.33B | 1.30B | 936.00M | 1.13B | 1.58B | 456.00M | 265.00M | -751.00M | 547.00M | 2.58B | 578.00M | 798.00M | 811.00M | 640.00M | 784.00M | 730.00M | 627.00M | 870.00M | 425.00M | 654.00M | 713.00M | 614.60M | 739.60M | 837.60M | 741.50M | 540.20M | 503.40M | 530.50M | 353.60M | 316.80M | 303.50M | 230.60M | 148.10M | 114.40M | 101.90M | 81.40M | 62.90M | 51.20M | 52.90M | 44.60M | 34.90M | 24.30M |
Effective tax rate | 20.19% | 21.17% | 16.63% | 23.42% | 29.46% | 8.27% | 6.80% | -18.52% | 10.53% | 45.46% | 12.56% | |||||||||||||||||||||||||||||||
| 5.23B | 4.80B | 4.66B | 3.68B | 3.76B | 5.04B | 3.61B | 4.79B | 4.63B | 3.10B | 4.03B | 3.54B | 2.68B | 3.07B | 3.47B | 3.62B | 3.10B | 3.10B | 2.17B | 2.23B | 2.80B | 2.55B | 1.80B | 1.96B | 1.60B | 984.00M | 1.05B | 1.10B | 468.40M | 594.60M | 583.20M | 428.30M | 294.00M | 232.40M | 197.20M | 161.50M | 133.40M | 108.70M | 97.40M | 86.50M | 73.80M | 53.40M | |
Net income growth | +12.21% | +2.96% | +26.82% | -2.18% | -25.42% | +39.74% | -24.70% | +3.41% | +49.19% | -22.94% | +13.85% | |||||||||||||||||||||||||||||||
Net marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 13.93% | 13.20% | 13.90% | 11.36% | 12.03% | 15.90% | 11.97% | 16.56% | 15.16% | 10.36% | 13.56% | |||||||||||||||||||||||||||||||
Basic shares | 1.28B | 1.28B | 1.29B | 1.33B | 1.33B | 1.34B | 1.34B | 1.34B | 1.35B | 1.36B | 1.38B | 1.41B | 1.10B | 1.00B | 1.02B | 1.05B | 1.08B | 1.11B | 1.12B | 1.13B | 1.15B | 1.20B | 1.21B | 1.21B | 1.22B | 1.21B | 1.20B | 1.19B | 1.18B | 1.15B | 1.14B | 951.78M | 921.92M | 918.46M | 939.05M | 950.00M | 952.86M | 905.83M | 885.46M | 865.00M | 820.00M | 890.00M |
Diluted sharesWhat are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value. | 1.29B | 1.29B | 1.29B | 1.33B | 1.33B | 1.35B | 1.35B | 1.35B | 1.36B | 1.37B | 1.39B | 1.43B | 1.11B | 1.01B | 1.03B | 1.06B | 1.08B | 1.11B | 1.13B | 1.14B | 1.16B | 1.22B | 1.22B | 1.23B | 1.23B | 1.22B | 1.23B | 1.22B | 1.21B | 1.18B | 1.17B | 951.78M | 921.92M | 920.00M | 939.05M | 950.00M | 952.86M | 905.83M | 885.46M | 865.00M | 820.00M | 890.00M |
Change in diluted shares | +0.02% | -0.14% | -3.03% | -0.20% | -1.38% | -0.19% | +0.21% | -0.47% | -0.78% | -1.67% | -2.42% | |||||||||||||||||||||||||||||||
EPS (basic) | 4.09 | 3.75 | 3.63 | 2.77 | 2.83 | 3.75 | 2.68 | 3.57 | 3.44 | 2.29 | 2.92 | 2.51 | 2.44 | 3.06 | 3.40 | 3.43 | 2.87 | 2.80 | 1.85 | 1.97 | 2.44 | 2.11 | 1.49 | 1.61 | 1.31 | 0.81 | 0.87 | 0.91 | 0.40 | 0.52 | 0.51 | 0.45 | 0.32 | 0.25 | 0.21 | 0.17 | 0.14 | 0.12 | 0.11 | 0.10 | 0.09 | 0.06 |
EPS (diluted)What is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period. | 4.06 | 3.73 | 3.61 | 2.76 | 2.82 | 3.73 | 2.66 | 3.54 | 3.41 | 2.27 | 2.89 | 2.48 | 2.41 | 3.02 | 3.37 | 3.41 | 2.86 | 2.79 | 1.84 | 1.95 | 2.41 | 2.09 | 1.48 | 1.60 | 1.30 | 0.80 | 0.85 | 0.89 | 0.39 | 0.51 | 0.50 | 0.45 | 0.32 | 0.25 | 0.21 | 0.17 | 0.14 | 0.12 | 0.11 | 0.10 | 0.09 | 0.06 |
EPS growth | +11.85% | +3.32% | +30.80% | -2.13% | -24.40% | +40.23% | -24.86% | +3.81% | +50.22% | -21.45% | +16.53% | |||||||||||||||||||||||||||||||
Dividends per share | 2.85 | 2.84 | 2.80 | 2.76 | 2.72 | 2.52 | 2.32 | 2.16 | 2.00 | 1.84 | 1.72 | 1.52 | 1.22 | 1.12 | 1.04 | 0.97 | 0.90 | 0.82 | 0.75 | 0.50 | 0.44 | 0.39 | 0.34 | 0.29 | 0.25 | 0.23 | 0.20 | 0.16 | 0.13 | 0.11 | 0.10 | 0.07 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.27 | 0.01 | 0.01 |
Dividend growth | +1.42% | +1.43% | +1.45% | +1.47% | +7.94% | +8.62% | +7.41% | +8.00% | +8.70% | +6.98% | +13.16% | |||||||||||||||||||||||||||||||
EBITDAWhat is EBITDA? EBITDA is earnings before interest, taxes, depreciation and amortization: operating profit with the yearly cost of wearing out assets added back. | 10.18B | 9.81B | 9.22B | 8.20B | 8.70B | 8.78B | 7.52B | 7.81B | 9.30B | 9.47B | 8.61B | 8.54B | 5.46B | 4.93B | 5.46B | 5.33B | 4.92B | 5.12B | 3.51B | 3.78B | 4.32B | 4.25B | 3.91B | 3.62B | 3.06B | 2.48B | 2.18B | 1.93B | 1.58B | 1.26B | 1.05B | 748.00M | 542.80M | 411.20M | 364.70M | 305.40M | 252.90M | 204.40M | 174.30M | 159.10M | 132.10M | 99.60M |
EBITDA margin | 27.11% | 26.97% | 27.49% | 25.35% | 27.85% | 27.70% | 24.98% | 27.01% | 30.43% | 31.60% | 28.99% | |||||||||||||||||||||||||||||||
EBIT | 7.33B | 6.85B | 6.36B | 5.56B | 6.00B | 6.07B | 4.82B | 5.15B | 6.64B | 6.82B | 5.70B | 5.72B | 4.15B | 4.08B | 4.64B | 4.49B | 4.11B | 4.35B | 2.81B | 3.14B | 3.74B | 3.71B | 3.44B | 3.18B | 2.65B | 2.15B | 1.88B | 1.68B | 1.36B | 1.09B | 913.80M | 636.00M | 436.30M | 332.60M | 295.10M | 246.00M | 206.40M | 165.00M | 129.70M | 130.10M | 105.70M | 76.30M |
| Quarter | Q1 FY2027 31 Jul 2026 | Q4 FY2026 30 Apr 2026 | Q3 FY2026 31 Jan 2026 | Q2 FY2026 31 Oct 2025 | Q1 FY2026 31 Jul 2025 | Q4 FY2025 25 Apr 2025 | Q3 FY2025 31 Jan 2025 | Q2 FY2025 31 Oct 2024 | Q1 FY2025 26 Jul 2024 | Q4 FY2024 26 Apr 2024 | Q3 FY2024 26 Jan 2024 | Q2 FY2024 27 Oct 2023 | Q1 FY2024 28 Jul 2023 | Q4 FY2023 28 Apr 2023 | Q3 FY2023 27 Jan 2023 | Q2 FY2023 28 Oct 2022 | Q1 FY2023 29 Jul 2022 | Q4 FY2022 29 Apr 2022 | Q3 FY2022 28 Jan 2022 | Q2 FY2022 29 Oct 2021 | Q1 FY2022 30 Jul 2021 | Q4 FY2021 30 Apr 2021 | Q3 FY2021 29 Jan 2021 | Q2 FY2021 30 Oct 2020 | Q1 FY2021 31 Jul 2020 | Q4 FY2020 30 Apr 2020 | Q3 FY2020 31 Jan 2020 | Q2 FY2020 31 Oct 2019 | Q1 FY2020 26 Jul 2019 | Q4 FY2019 26 Apr 2019 | Q3 FY2019 31 Jan 2019 | Q2 FY2019 26 Oct 2018 | Q1 FY2019 27 Jul 2018 | Q4 FY2018 27 Apr 2018 | Q3 FY2018 26 Jan 2018 | Q2 FY2018 27 Oct 2017 | Q1 FY2018 28 Jul 2017 | Q4 FY2017 28 Apr 2017 | Q3 FY2017 27 Jan 2017 | Q2 FY2017 28 Oct 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
RevenueWhat is revenue? Revenue is the money a company brings in from selling its goods and services over a period, before any costs. It is the top line of the income statement. | 9.76B | 9.81B | 9.02B | 8.96B | 8.58B | 8.93B | 8.29B | 8.40B | 7.92B | 8.59B | 8.09B | 7.98B | 7.70B | 8.54B | 7.73B | 7.59B | 7.37B | 8.09B | 7.76B | 7.85B | 7.99B | 8.19B | 7.78B | 7.65B | 6.51B | 6.00B | 7.72B | 7.71B | 7.49B | 8.15B | 7.55B | 7.48B | 7.38B | 8.14B | 7.37B | 7.05B | 7.39B | 7.92B | 7.28B | 7.35B |
Revenue growth | +13.73% | +9.86% | +8.76% | +6.64% | +8.38% | +3.94% | +2.51% | +5.25% | +2.77% | +0.53% | ||||||||||||||||||||||||||||||
Cost of revenue | 3.42B | 2.37B | 3.17B | 3.56B | 3.63B | 3.15B | 2.78B | 2.95B | 2.76B | 3.04B | 2.78B | 2.76B | 2.63B | 2.98B | 2.69B | 2.54B | 2.52B | 2.59B | 2.46B | 2.50B | 2.60B | 2.65B | 2.62B | 2.71B | 2.51B | 2.26B | 2.40B | 2.39B | 2.37B | 2.48B | 2.27B | 2.20B | 2.20B | 2.40B | 2.19B | 2.12B | 2.35B | 2.44B | 2.27B | 2.33B |
Gross profit | 6.34B | 7.44B | 5.85B | 5.41B | 4.95B | 5.78B | 5.51B | 5.46B | 5.15B | 5.55B | 5.31B | 5.22B | 5.07B | 5.57B | 5.04B | 5.05B | 4.86B | 5.50B | 5.30B | 5.35B | 5.39B | 5.54B | 5.15B | 4.94B | 4.00B | 3.73B | 5.32B | 5.31B | 5.13B | 5.66B | 5.28B | 5.28B | 5.18B | 5.75B | 5.18B | 4.93B | 5.04B | 5.48B | 5.02B | 5.02B |
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 64.99% | 75.87% | 64.88% | 60.32% | 57.66% | 64.75% | 66.49% | 64.94% | 65.12% | 64.56% | ||||||||||||||||||||||||||||||
Research and development | 771.00M | 671.00M | 722.00M | 754.00M | 726.00M | 684.00M | 675.00M | 697.00M | 676.00M | 675.00M | 695.00M | 698.00M | 668.00M | 639.00M | 688.00M | 676.00M | 692.00M | 652.00M | 657.00M | 676.00M | 750.00M | 632.00M | 601.00M | 639.00M | 621.00M | 567.00M | 573.00M | 603.00M | 587.00M | 594.00M | 561.00M | 590.00M | 585.00M | 592.00M | 559.00M | 556.00M | 548.00M | 553.00M | 530.00M | 554.00M |
Selling, general and administrative | 3.20B | 3.06B | 2.96B | 2.97B | 2.81B | 2.72B | 2.72B | 2.76B | 2.66B | 2.77B | 2.67B | 2.69B | 2.61B | 2.62B | 2.62B | 2.62B | 2.57B | 2.57B | 2.56B | 2.62B | 2.55B | 2.60B | 2.54B | 2.60B | 2.42B | 2.36B | 2.59B | 2.62B | 2.54B | 2.62B | 2.60B | 2.61B | 2.60B | 2.55B | 2.52B | 2.54B | 2.58B | 2.48B | 2.39B | 2.42B |
Operating expenses | 4.58B | 5.88B | 4.08B | 3.72B | 3.50B | 4.34B | 3.87B | 3.86B | 3.88B | 4.49B | 3.82B | 3.88B | 3.81B | 4.00B | 3.65B | 3.65B | 3.73B | 3.83B | 3.65B | 3.79B | 4.53B | 3.93B | 3.88B | 4.01B | 3.33B | 3.42B | 3.68B | 3.96B | 3.64B | 3.72B | 3.74B | 3.73B | 3.94B | 3.81B | 3.74B | 3.03B | 3.66B | 3.85B | 3.87B | 3.63B |
| 1.76B | 1.56B | 1.77B | 1.69B | 1.45B | 1.44B | 1.65B | 1.60B | 1.28B | 1.05B | 1.48B | 1.34B | 1.27B | 1.57B | 1.39B | 1.40B | 1.13B | 1.67B | 1.66B | 1.56B | 859.00M | 1.61B | 1.28B | 930.00M | 673.00M | 316.00M | 1.64B | 1.35B | 1.49B | 1.95B | 1.54B | 1.54B | 1.24B | 1.94B | 1.44B | 1.89B | 1.38B | 1.63B | 1.15B | 1.39B | |
Operating income growth | +22.08% | +8.91% | +7.72% | +5.64% | +13.07% | +36.37% | +10.99% | +19.03% | +0.79% | -32.72% | ||||||||||||||||||||||||||||||
Operating marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 18.08% | 15.95% | 19.66% | 18.80% | 16.85% | 16.09% | 19.85% | 18.98% | 16.15% | 12.26% | ||||||||||||||||||||||||||||||
Interest income | — | -154.00M | 121.00M | — | 33.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 107.00M | — | — | — | 94.00M | 88.00M | 91.00M |
Interest expense | 186.00M | 177.00M | 181.00M | 181.00M | 176.00M | 174.00M | 179.00M | 209.00M | 167.00M | 202.00M | 188.00M | 180.00M | 148.00M | 187.00M | 167.00M | 118.00M | 164.00M | 143.00M | 137.00M | 136.00M | 137.00M | 142.00M | 143.00M | 470.00M | 171.00M | 162.00M | 156.00M | 165.00M | 609.00M | 718.00M | 243.00M | 241.00M | 242.00M | 317.00M | 270.00M | 273.00M | 286.00M | 290.00M | 268.00M | 264.00M |
Other non-operating income | 5.00M | 270.00M | -369.00M | -89.00M | -143.00M | -175.00M | -106.00M | -36.00M | -10.00M | -197.00M | -11.00M | -27.00M | -72.00M | -14.00M | -17.00M | -9.00M | -81.00M | -69.00M | -70.00M | -70.00M | -26.00M | -39.00M | -57.00M | -405.00M | -89.00M | -111.00M | -60.00M | -57.00M | -508.00M | -654.00M | -172.00M | -189.00M | -56.00M | -210.00M | -409.00M | -166.00M | -187.00M | -196.00M | -180.00M | -173.00M |
Pretax income | 1.77B | 1.83B | 1.40B | 1.60B | 1.30B | 1.26B | 1.54B | 1.56B | 1.27B | 856.00M | 1.47B | 1.31B | 1.20B | 1.55B | 1.38B | 1.40B | 1.04B | 1.60B | 1.59B | 1.49B | 833.00M | 1.57B | 1.22B | 525.00M | 584.00M | 205.00M | 1.58B | 1.29B | 977.00M | 1.29B | 1.37B | 1.36B | 1.18B | 1.73B | 1.03B | 1.73B | 1.20B | 1.44B | 967.00M | 1.21B |
Income tax | 289.00M | 575.00M | 254.00M | 215.00M | 255.00M | 199.00M | 237.00M | 281.00M | 220.00M | 197.00M | 135.00M | 402.00M | 400.00M | 362.00M | 146.00M | 959.00M | 112.00M | 110.00M | 106.00M | 176.00M | 64.00M | 200.00M | -59.00M | 31.00M | 93.00M | -434.00M | -340.00M | -77.00M | 100.00M | 110.00M | 99.00M | 235.00M | 103.00M | 260.00M | 2.42B | -285.00M | 186.00M | 271.00M | 147.00M | 101.00M |
Effective tax rate | 16.34% | 31.35% | 18.09% | 13.47% | 19.59% | 15.78% | 15.39% | 18.02% | 17.35% | 23.01% | ||||||||||||||||||||||||||||||
| 1.47B | 1.24B | 1.14B | 1.37B | 1.04B | 1.06B | 1.29B | 1.27B | 1.04B | 654.00M | 1.32B | 909.00M | 791.00M | 1.18B | 1.22B | 427.00M | 929.00M | 1.49B | 1.48B | 1.31B | 763.00M | 1.36B | 1.27B | 489.00M | 487.00M | 646.00M | 1.92B | 1.36B | 864.00M | 1.17B | 1.27B | 1.12B | 1.08B | 1.46B | -1.39B | 2.02B | 1.02B | 1.16B | 821.00M | 1.12B | |
Net income growth | +41.35% | +17.60% | -11.67% | +8.19% | -0.19% | +61.62% | -2.12% | +39.71% | +31.73% | -44.53% | ||||||||||||||||||||||||||||||
Net marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs. | 15.07% | 12.67% | 12.67% | 15.33% | 12.12% | 11.84% | 15.61% | 15.11% | 13.16% | 7.61% | ||||||||||||||||||||||||||||||
Basic shares | 1.28B | 1.28B | 1.28B | 1.28B | 1.28B | 1.28B | 1.28B | 1.28B | 1.29B | 1.32B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.34B | 1.34B | 1.35B | 1.34B | 1.35B | 1.35B | 1.34B | 1.34B | 1.34B | 1.34B | 1.34B | 1.34B | 1.34B | 1.34B | 1.35B | 1.35B | 1.35B | 1.35B | 1.36B | 1.36B | 1.37B | 1.37B | 1.38B |
Diluted sharesWhat are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value. | 1.29B | 1.29B | 1.29B | 1.29B | 1.29B | 1.29B | 1.29B | 1.29B | 1.30B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.33B | 1.34B | 1.35B | 1.36B | 1.36B | 1.36B | 1.36B | 1.35B | 1.35B | 1.35B | 1.35B | 1.35B | 1.35B | 1.35B | 1.35B | 1.36B | 1.37B | 1.37B | 1.35B | 1.37B | 1.38B | 1.38B | 1.38B | 1.39B |
Change in diluted shares | -0.16% | +0.03% | +0.16% | +0.05% | -0.73% | -2.84% | -3.42% | -3.38% | -2.80% | -0.56% | ||||||||||||||||||||||||||||||
EPS (basic) | 1.15 | 0.98 | 0.89 | 1.07 | 0.81 | 0.82 | 1.01 | 0.99 | 0.81 | 0.49 | 0.99 | 0.68 | 0.59 | 0.89 | 0.92 | 0.32 | 0.70 | 1.11 | 1.10 | 0.97 | 0.57 | 1.01 | 0.94 | 0.36 | 0.36 | 0.48 | 1.43 | 1.02 | 0.64 | 0.87 | 0.95 | 0.83 | 0.79 | 1.08 | -1.03 | 1.49 | 0.75 | 0.85 | 0.60 | 0.81 |
EPS (diluted)What is EPS (earnings per share)? EPS (earnings per share) is a company's net income divided by its number of shares: the profit that belongs to each share over a period. | 1.14 | 0.96 | 0.89 | 1.07 | 0.81 | 0.82 | 1.01 | 0.99 | 0.80 | 0.49 | 0.99 | 0.68 | 0.59 | 0.88 | 0.92 | 0.32 | 0.70 | 1.10 | 1.10 | 0.97 | 0.56 | 1.00 | 0.94 | 0.36 | 0.36 | 0.48 | 1.42 | 1.01 | 0.64 | 0.87 | 0.94 | 0.82 | 0.79 | 1.07 | -1.03 | 1.48 | 0.74 | 0.84 | 0.59 | 0.80 |
EPS growth | +40.74% | +17.07% | -11.88% | +8.08% | +1.25% | +67.35% | +2.02% | +45.59% | +35.59% | -44.32% | ||||||||||||||||||||||||||||||
Dividends per share | 0.72 | 0.71 | 0.71 | 0.71 | 0.71 | 0.70 | 0.70 | 0.70 | 0.70 | 0.69 | 0.69 | 0.69 | 0.69 | 0.68 | 0.68 | 0.68 | 0.68 | 0.63 | 0.63 | 0.63 | 0.63 | 0.58 | 0.58 | 0.58 | 0.58 | 0.54 | 0.54 | 0.54 | 0.54 | 0.50 | 0.50 | 0.50 | 0.50 | 0.46 | 0.46 | 0.46 | 0.46 | 0.43 | 0.43 | 0.43 |
Dividend growth | +1.41% | +1.43% | +1.43% | +1.43% | +1.43% | +1.45% | +1.45% | +1.45% | +1.45% | +1.47% | ||||||||||||||||||||||||||||||
EBITDAWhat is EBITDA? EBITDA is earnings before interest, taxes, depreciation and amortization: operating profit with the yearly cost of wearing out assets added back. | 2.68B | 2.64B | 2.33B | 2.52B | 2.23B | 2.28B | 2.40B | 2.44B | 2.10B | 1.71B | 2.31B | 2.17B | 2.02B | 2.42B | 2.22B | 2.18B | 1.88B | 2.43B | 2.40B | 2.31B | 1.64B | 2.39B | 2.04B | 1.67B | 1.42B | 1.04B | 2.40B | 2.13B | 2.24B | 2.68B | 2.29B | 2.25B | 2.09B | 2.71B | 1.96B | 1.88B | 2.03B | 2.44B | 1.97B | 2.21B |
EBITDA margin | 27.51% | 26.89% | 25.88% | 28.14% | 25.94% | 25.48% | 28.98% | 29.07% | 26.49% | 19.92% | ||||||||||||||||||||||||||||||
EBIT | 1.96B | 2.01B | 1.59B | 1.78B | 1.48B | 1.44B | 1.72B | 1.77B | 1.44B | 1.06B | 1.66B | 1.49B | 1.34B | 1.74B | 1.54B | 1.51B | 1.21B | 1.75B | 1.73B | 1.63B | 970.00M | 1.71B | 1.36B | 995.00M | 755.00M | 367.00M | 1.74B | 1.46B | 1.59B | 2.01B | 1.61B | 1.60B | 1.42B | 2.04B | 1.30B | 1.21B | 1.39B | 1.73B | 1.24B | 1.48B |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Common questions about Medtronic's income statement
Source: Financial Modeling Prep