Medtronic Return On Assets from 2010 to 2024

MDT Stock  USD 84.74  0.63  0.75%   
Medtronic PLC Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to 0.04 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Medtronic PLC earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04085307
Current Value
0.03873962
Quarterly Volatility
0.01175274
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 755 M or Total Revenue of 34 B, as well as many indicators such as Price To Sales Ratio of 5.85, Dividend Yield of 0.0177 or PTB Ratio of 3.42. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
Check out the analysis of Medtronic PLC Correlation against competitors.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Latest Medtronic PLC's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Medtronic PLC over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Medtronic PLC's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Medtronic Return On Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation29.80
Mean Deviation0.01
Median0.04
Standard Deviation0.01
Sample Variance0.0001
Range0.0277
R-Value0.52
Mean Square Error0.0001
R-Squared0.27
Significance0.05
Slope0
Total Sum of Squares0

Medtronic Return On Assets History

2024 0.0387
2020 0.0409
2015 0.0528

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Return On Assets, 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.
Last ReportedProjected for Next Year
Return On Assets 0.04  0.04 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Medtronic Stock Analysis

When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.