Medtronic Tax Provision from 2010 to 2025

MDT Stock  USD 92.68  1.27  1.39%   
Medtronic PLC Tax Provision yearly trend continues to be comparatively stable with very little volatility. Tax Provision will likely drop to about 639.8 M in 2025. Tax Provision is the amount set aside by Medtronic PLC to cover any estimated taxes for the current period. It reflects Medtronic PLC's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-01-31
Previous Quarter
220 M
Current Value
281 M
Quarterly Volatility
260.7 M
 
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 3.2 B, Interest Expense of 868.2 M or Total Revenue of 39.1 B, as well as many indicators such as Price To Sales Ratio of 5.29, Dividend Yield of 0.011 or PTB Ratio of 5.46. 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Medtronic PLC over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Medtronic PLC's Tax Provision 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.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Medtronic Tax Provision Regression Statistics

Arithmetic Mean806,278,750
Coefficient Of Variation84.03
Mean Deviation388,898,906
Median811,000,000
Standard Deviation677,498,693
Sample Variance459004.5T
Range3.3B
R-Value(0.01)
Mean Square Error491773.9T
R-Squared0.000034
Significance0.98
Slope(827,206)
Total Sum of Squares6885067.2T

Medtronic Tax Provision History

2025639.8 M
2024B
20231.1 B
20221.6 B
2021456 M
2020265 M
2019-751 M

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Tax Provision, 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
Tax ProvisionB639.8 M

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.