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Medtronic Plc  (MDT)
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Medtronic Plc's ROA from the first quarter of 2024 to the first quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Medtronic Plc's ROA in the first quarter of 2024?
Medtronic Plc achieved a return on average assets (ROA) of 4.11 % in its first quarter of 2024, which is below Medtronic Plc's average return on assets, which stands at 8.17%.

ROA decreased relative to the period ending Apr 28 2023, due to the decline in net income.

However, within the Healthcare sector 146 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jul 28 2023 quarter, so far to 1406, from total ROA ranking in the fourth quarter of 2023 at 1421.

What is ROA?


Return On Assets (Jul 28 2023)
I. Quarter		 (Apr 28 2023)
IV. Quarter		 (Jan 27 2023)
III. Quarter		 (Oct 28 2022)
II. Quarter		 (Jul 29 2022)
I. Quarter
Y / Y Total Assets Change 0.82 % -0.12 % 2.57 % 1.51 % -2.27 %
Y / Y Net Income Change -14.39 % -20.36 % -17.13 % -66.97 % 21.07 %
Net Income (TTM) in million 3,650 3,784 4,088 4,342 5,224
Return On Assets (TTM) 4.11 % 4.27 % 4.61 % 4.93 % 5.95 %
MDT's Total Ranking # 1406 # 1421 # 1643 # 1417 # 1319
Total Assets (TTM) in million 87,315 87,471 90,773 89,891 86,603
Seq. Total Assets Change -0.18 % -3.64 % 0.98 % 3.8 % -1.11 %
Seq. Net Income Change -32.97 % -3.25 % 182.53 % -53.28 % -37.64 %

MDT's 5 Years Annual ROA >> Back to MDT Management Effectiveness >> Compare MDT ROA to its Competitors


Return On Assets Company Ranking
Within: No.
Industry # 41
Sector # 147
Overall # 1400

Return On Assets Statistics
High Average Low
14.91 %
8.17 %
2.49 %
(July 26. 2006)   (Oct 26 2018)





Financial Statements
Medtronic Plc's Assets $ 87,315 million MDT's Balance sheet
Medtronic Plc's Income $ 797 million Quarterly MDT's Income Statement
MDT's Income by Division See MDT's Income by Division



Annual Return On Assets (Apr 28 2023)
FY 2023		 (Apr 29 2022)
FY 2022		 (Apr 30 2021)
FY 2021		 (Apr 24 2020)
FY 2020		 (Apr 26 2019)
FY 2019
Y / Y Total Assets Change -0.12 % -2.6 % 2.34 % -2.05 % -1.86 %
Total Assets in million 87,471 87,578 89,914 87,857 89,694
Y / Y Net Income Change -25.25 % 39.45 % -24.47 % 3.35 % 50.24 %
Net Income in million 3,784 5,062 3,630 4,806 4,650
Return On Assets 4.33 % 5.78 % 4.04 % 5.47 % 5.18 %

MDT's 5 Years Annual ROA >> Back to MDT Management Effectiveness >> Compare MDT ROA to its Competitors



Comment on MDT's ROA in the fiscal year ending 2023
In the fiscal year 2023 Medtronic Plc's ROA decreased compared to previous year to 4.33 %, due to deterioration of net income -25.25 % to $3,784.00 million, from $5,062.00 million a year ago, as MDT's assets were $87,471.00 million.


More Return On Assets Ratios
MDT's' Return on Assets at Yahoo Finance
Medical Equipment & Supplies Industry Return On Assets Trends and Statistics
Healthcare Sector Roa Statistics
Roa Trends for overall market
MDT's Roa Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for MDT's Competitors
Roa for Medtronic Plc's Suppliers
Return On Assets for MDT's Customers

You may also want to know
MDT's Roi MDT's Inventory Turnover Ratio MDT's Growth Rates MDT's Dividend Comparisons
MDT's Profitability Ratios MDT's Asset Turnover Ratio MDT's Dividend Growth
MDT's Roe MDT's Valuation Ratios MDT's Financial Strength Ratios MDT's Dividend Payout Ratio



Companies with similar Return On Assets at Jul 28 2023, within Healthcare Sector ROA
Amphastar Pharmaceuticals Inc   11.26 %
Intuitive Surgical Inc   10.89 %
Biogen Inc   10.75 %
Pfizer Inc  10.65 %
Agilent Technologies inc   10.56 %
Sep Acquisition Corp   10.53 %
Lakeland Industries Inc   10.43 %
Amgen Inc   10.37 %
Atrion Corporation  10.22 %
Alpha Pro Tech Ltd   10.12 %
Carlisle Companies Incorporated  9.92 %
Globus Medical Inc   9.71 %
Orasure Technologies Inc  9.67 %
Precigen Inc   9.59 %
Bruker Corporation  8.84 %
Schrodinger Inc   8.76 %
Cv Sciences Inc   8.72 %
Gilead Sciences Inc   8.71 %
Thorne Healthtech Inc   8.38 %
Bristol myers Squibb Company  8.34 %
Progyny Inc   8.27 %
Lemaitre Vascular Inc   8.05 %
Maravai Lifesciences Holdings Inc   7.63 %
Option Care Health Inc   7.60 %
Cadre Holdings inc   7.59 %
Omeros Corp  7.54 %
Electromed Inc   7.44 %
Neurocrine Biosciences Inc   7.44 %
Patterson Companies Inc   7.37 %
Stryker Corp  7.37 %

Date modified: 2023-09-01T10:14:04+00:00


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