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

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


What is Medtronic Plc's ROA in the third quarter of 2024?
Medtronic Plc achieved a return on average assets (ROA) of 4.86 % in its third quarter of 2024, which is below Medtronic Plc's average return on assets, which stands at 8.05%.

ROA has improved compared to 4.69% in the second quarter of 2024, due to net income growth.

However, within the Healthcare sector 91 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Jan 26 2024 quarter, so far to 897, from total ROA ranking in the second quarter of 2024 at 1256.

What is ROA?


Return On Assets (Jan 26 2024)
III. Quarter
(Oct 27 2023)
II. Quarter
(Jul 28 2023)
I. Quarter
(Apr 28 2023)
IV. Quarter
(Jan 27 2023)
III. Quarter
Y / Y Total Assets Change -3.9 % -3.6 % 0.82 % -0.12 % 2.57 %
Y / Y Net Income Change 8.79 % 109.43 % -14.39 % -20.36 % -17.13 %
Net Income (TTM) in million 4,234 4,126 3,650 3,784 4,088
Return On Assets (TTM) 4.86 % 4.69 % 4.11 % 4.27 % 4.61 %
MDT's Total Ranking # 897 # 1256 # 1411 # 1428 # 1651
Total Assets (TTM) in million 87,237 86,659 87,315 87,471 90,773
Seq. Total Assets Change 0.67 % -0.75 % -0.18 % -3.64 % 0.98 %
Seq. Net Income Change 46.76 % 14.3 % -32.97 % -3.25 % 182.53 %



Return On Assets Company Ranking
Within: No.
Industry # 34
Sector # 92
Overall # 896

Return On Assets Statistics
High Average Low
14.91 %
8.05 %
2.49 %
(July 26. 2006)   (Oct 26 2018)





Financial Statements
Medtronic Plc's Assets $ 87,237 million MDT's Balance sheet
Medtronic Plc's Income $ 1,337 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 %




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 Jan 26 2024, within Healthcare Sector ROA
Resmed Inc   13.14 %
Shockwave Medical Inc   12.78 %
Intuitive Surgical Inc   12.73 %
Regeneron Pharmaceuticals Inc   12.56 %
Orasure Technologies Inc  11.57 %
Ufp Technologies Inc   11.28 %
Royalty Pharma Plc  10.24 %
Protalix Biotherapeutics inc   10.17 %
Tactile Systems Technology Inc   10.15 %
Pro dex Inc   10.02 %
Escalon Medical Corp   9.93 %
Hologic Inc  9.68 %
Incyte Corporation  9.49 %
Cadre Holdings Inc   9.42 %
Baxter International Inc   9.25 %
Organon and Co   9.13 %
Eli Lilly And Company  9.12 %
Lemaitre Vascular Inc   9.11 %
Gilead Sciences Inc   9.03 %
Neurocrine Biosciences Inc   9.02 %
Progyny Inc   8.82 %
Electromed Inc   8.76 %
Stryker Corp  8.61 %
Dexcom Inc   8.60 %
Bristol myers Squibb Company  8.59 %
Insulet Corporation  8.48 %
Bio techne Corp  8.36 %
Fonar Corporation  8.28 %
Option Care Health Inc   8.27 %
Hutchmed china Limited  7.90 %


Date modified: 2024-02-28T14:58:19+00:00


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