| MDT Stock | | | USD 84.74 0.63 0.75% |
Medtronic PLC Net Profit Margin yearly trend continues to be comparatively stable with very little volatility. Net Profit Margin is likely to outpace its year average in 2024.
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Medtronic PLC Correlation against competitors.
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Latest Medtronic PLC's Profit Margin Growth Pattern
Below is the plot of the Net Profit Margin of Medtronic PLC over the last few years. It is the percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue. Medtronic PLC's Net Profit Margin 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.
| View | Last Reported 0.12 % | 10 Years Trend | | |
Medtronic Profit Margin Regression Statistics
| Arithmetic Mean | 0.14 |
| Geometric Mean | 0.14 |
| Coefficient Of Variation | 15.92 |
| Mean Deviation | 0.02 |
| Median | 0.13 |
| Standard Deviation | 0.02 |
| Sample Variance | 0.0005 |
| Range | 0.0521 |
| R-Value | (0.30) |
| Mean Square Error | 0.0005 |
| R-Squared | 0.09 |
| Significance | 0.27 |
| Slope | (0) |
| Total Sum of Squares | 0.01 |
Medtronic Profit Margin History
| 2024 | 0.12 | |
| 2020 | 0.11 | |
| 2015 | 0.17 | |
Other Fundumenentals of Medtronic PLC
Medtronic PLC Profit Margin component correlations
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About Medtronic PLC Financial Statements
Medtronic PLC shareholders use historical fundamental indicators, such as Profit Margin, 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.
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