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Medtronic Plc  (MDT)
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Medtronic Plc's ROE per quarter

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


What is ROE for Medtronic Plc in the second quarter 2024?
Medtronic Plc achieved a return on average equity (ROE) of 8 % in its second quarter 2024, which is below Medtronic Plc's average return on equity, which stands at 14.91%.

ROE has advanced compared to 7.06% in the first quarter 2024, due to net income growth.

Within the Medical Equipment & Supplies industry 39 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 1525, from total ROE ranking in the first quarter 2024 at 1753.

What is ROE?



Return On Equity (Oct 27 2023)
II. Quarter		 (Jul 28 2023)
I. Quarter		 (Apr 28 2023)
IV. Quarter		 (Jan 27 2023)
III. Quarter		 (Oct 28 2022)
II. Quarter
Y / Y Equity Change -0.79 % -2.8 % -2 % -2.08 % -
Y / Y Net Income Change 109.43 % -14.39 % -20.36 % -17.13 % -66.97 %
Net Income (TTM) in Millions 4,126 3,650 3,784 4,088 4,342
Return On Equity (TTM) 8 % 7.06 % 7.27 % 7.81 % 8.26 %
MDT's Total Ranking # 1525 # 1753 # 1773 # 1975 # 1750
Equity (TTM) in Millions 51,647 51,366 51,665 51,618 52,057
Seq. Equity Change 0.55 % -0.58 % 0.09 % -0.84 % -1.49 %
Seq. Net Income Change 14.3 % -32.97 % -3.25 % 182.53 % -53.28 %

Back to MDT Management Effectiveness >> MDT's 5 Years Annual ROE >> Compare MDT ROE to its Competitors
Return On Equity Company Ranking
Within: No.
Industry # 40
Sector # 125
Overall # 1525

Return On Equity Statistics
High Average Low
27 %
14.91 %
4.51 %
  (Oct 26 2018)





MDT Annual Return On Equity (Apr 28 2023)
2023		 (Apr 29 2022)
2022		 (Apr 30 2021)
2021		 (Apr 24 2020)
2020		 (Apr 26 2019)
2019
Total Equity in Millions 51,665 52,722 51,602 50,872 50,212
Y / Y Equity Change -2 % 2.17 % 1.43 % 1.31 % -1.2 %
Net Income in Millions 3,784 5,062 3,630 4,806 4,650
Y / Y Net Income Change -25.25 % 39.45 % -24.47 % 3.35 % 50.24 %
Return On Equity 7.32 % 9.6 % 7.03 % 9.45 % 9.26 %

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




Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 7.32 %, due to deterioration of net income.


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




Companies with similar Return On Equity at Oct 27 2023, within Healthcare Sector ROE
Point Biopharma Global Inc   21.10 %
West Pharmaceutical Services Inc   20.20 %
Cadre Holdings inc   20.20 %
Rapid Micro Biosystems Inc   19.57 %
Lantheus Holdings Inc   19.42 %
Iqvia Holdings Inc   19.20 %
Pro dex Inc   19.04 %
Select Medical Holdings Corp  19.01 %
Corcept Therapeutics Inc  18.99 %
Alkermes Plc   18.33 %
Ensign Group Inc  18.32 %
Catalyst Pharmaceuticals Inc   18.27 %
Option Care Health Inc   18.22 %
Patterson Companies Inc   18.20 %
Dexcom Inc   17.27 %
United Therapeutics Corporation  17.10 %
Regeneron Pharmaceuticals Inc   16.79 %
Ufp Technologies Inc  16.44 %
Tactile Systems Technology Inc   16.11 %
Hologic Inc  15.96 %
Escalon Medical Corp   15.93 %
Eton Pharmaceuticals Inc   15.41 %
Stryker Corp  15.36 %
Haemonetics Corporation  15.31 %
Charles River Laboratories International inc   15.18 %
Alpha Pro Tech Ltd   14.19 %
Abbott Laboratories  14.01 %
Lakeland Industries Inc   13.26 %
Quest Diagnostics Inc  13.23 %
Intuitive Surgical Inc   13.14 %

Date modified: 2023-12-01T14:39:31+00:00



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