Medtronic PLC MDT

88.64 0.13 0.15% as of 25 Sep
Market cap
$112.2B
P/E
21.7×
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Medtronic PLC (MDT) Net margin

Medtronic PLC's net margin over the twelve months to 31 July 2026 was 13.9%, up 0.7 percentage points from fiscal 2026 (13.2%). Over the past ten years it has ranged from 10.4% (fiscal 2018) to 16.6% (fiscal 2020); the current reading is higher than 58% of that period. That is above the Medical Devices industry median of −20.4% and above the Healthcare sector median of 0.00%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2026 13.2% (0.70)
FY2025 13.9% 2.54
FY2024 11.4% (0.67)
FY2023 12.0% (3.87)
FY2022 15.9% 3.93
FY2021 12.0% (4.59)
FY2020 16.6% 1.40
FY2019 15.2% 4.80
FY2018 10.4% (3.20)
FY2017 13.6% 1.29

Quarterly

Period Net margin Change (points)
Jul 2026 15.1% 2.39
Apr 2026 12.7% 0.00
Jan 2026 12.7% (2.65)
Oct 2025 15.3% 3.21
43 more quarters

Against its own ten years

Low 10.4% High 16.6%
Ten-year median 13.2%
Current reading's percentile 58

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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