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Medtronic Plc  (MDT)
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Medtronic Plc

MDT's Financial Statements and Analysis



Medtronic Plc reported in the third quarter of 2024 net earnings per share of $0.99 an increase by 7.61 % year on year from $0.92 and an improvement of 45.59 % from $0.68 realized in II. Quarter (Oct 27 2023).


third quarter of 2024
Earnings Per Share Revenues
$ 0.99 $  8,089 Mill
$+0.07     +7.61 % $+362M     +4.68 %



Medtronic Plc's Revenue rose by 4.68 % in third quarter of 2024 (Jan 26 2024) year on year, to $8,089 million and advanced by 1.32 % sequentially.


Medtronic Plc is

More on MDT's Income Statement



Medtronic Plc's net income of $1,337.000 million in the third quarter of 2024 increased by 8.79 % from net earnings of $1,229.000 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 46.76 % from net income of $911.000 million realized in previous quarter.

More on MDT's Growth




Medtronic Plc Inventories
Inventories grew by 6.53 % to $5,726 million from III. Quarter a year ago, sequentially inventories fell by -0.49 %. MDT's Cash flow In the third quarter of 2024 company's net cash flow was $312 million, capital expenditures fell by -3324.22%, to $-346 millions compare to same quarter a year ago

More on MDT's Cash flow Statement


Medtronic Plc payed out dividend of $2.75 per share in last 52 weeks representing 87.30 % of net earning per share in trailing twelve-month period.

During the same period Medtronic Plc earned $ 4.86 cash per share, on a free-cash flow basis 154.24 % of net earning per share.

Book value grew by 0.69 % sequentially to $39.04 per share, 9.3% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -2.14 per share from $ -2.43.

Company repurchased 0.20 million shares or 0.02 % in Jan 26 2024.
Interest Coverage Ratio was 8.87. Debt Coverage Ratio was 0.25.

More on MDT's Dividends

 Market Capitalization (Millions) 111,330
 Shares Outstanding (Millions) 1,332
 Total Debt (Millions $) 25,182
 Revenue (TTM) (Millions $) 32,319
 Net Income (TTM) (Millions $) 4,234
 Cash Flow (TTM) (Millions $) -2,899
 Capital Exp. (TTM) (Millions $) -1,539
 Dividend TTM ($) 2.75 $
 Dividend Yield TTM (%) 3.3 %
 Employees (TTM) $ 95,000




Medtronic Plc payed out dividend of $2.75 per share in the last 52 weeks representing 87.30 % of net earning per share in trailing twelve-month period.

During the same period Medtronic Plc had $ 4.86 cash flow per share, on a free-cash flow basis 154.24 % of net earning per share.

Book value grew by 0.69 % sequentially to $39.04 per share, 9.3% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -2.14 per share from $ -2.43.

Company repurchased 0.20 million shares or 0.02 % in Jan 26 2024.
Interest Coverage Ratio was 8.87. Debt Coverage Ratio was 0.25.

More on MDT's Balance Sheets

 Market Capitalization (Millions) 111,330
 Shares Outstanding (Millions) 1,332
 Total Debt (Millions $) 25,182
 Revenue (TTM) (Millions $) 32,319
 Net Income (TTM) (Millions $) 4,234
 Cash Flow (TTM) (Millions $) -2,899
 Capital Exp. (TTM) (Millions $) -1,539
 Dividend TTM ($) 2.75 $
 Dividend Yield TTM (%) 3.3 %
 Employees (TTM) $ 95,000
   


  News about Medtronic Plc Earnings

Medtronic Plc Reports Strong Growth in Earnings and Revenue for Q3 2024

Medtronic Plc, a global leader in healthcare technology, recently reported its third-quarter results for 2024. The company experienced a revenue growth of 4.685% to $8.09 billion compared to $7.73 billion in the same reporting season the previous year. This represents a solid performance, although it falls short of the 8.27% top-line improvement reported by its contemporaries in the Medical Equipment and Supplies sector.
In terms of earnings per share (EPS), Medtronic Plc saw an increase of 7.61% to $0.99 from $0.92 in the prior year reporting season. The company's bottom-line also showed improvement, with net earnings of $1,337.000 million in the third quarter of 2024, an 8.79% increase from $1,229.000 ...

Medtronic Plc Shocks Market with Unprecedented Growth: Unveiling Powerful Figures Across August to October 27, 2023

Medtronic Plc Shows Strong Financial Performance and Market Potential
Medtronic Plc, a leading medical technology company, has recently announced its financial results for the period ending October 27, 2023. The company demonstrated impressive growth, with significant increases in income per share, revenue, and net income.
One of the standout achievements for Medtronic Plc is the growth in income per share. Compared to the previous year, the company saw a remarkable 112.5% increase in income per share, from $0.32 to $0.68. Additionally, income per share advanced by 15.25% from the preceding reporting period, reaching $0.59 per share. This marked improvement reflects the company's ability to generate ...

Medtronic Plc Surprises Investors with Impressive 4.491% Revenue Surge in May to July 28, 2023 Period

Investors in the stock market have been closely following the recent financial performance of Medtronic Plc, and there are some interesting developments to consider. Despite a decline in earnings per share (EPS), the company has managed to increase its revenue. In the span from May to July 28, 2023, Medtronic reported a revenue increase of 4.491% to an impressive $7.70 billion, compared to $7.37 billion in the same period the previous year.
However, there was a decrease in income of -15.71% with an EPS of $0.59, compared to $0.70 in the same period the year before. This decline in income per share can be seen as a potential concern, but it is important to remember that Medtronic Plc had previously achiev...

Medtronic PLC Reports Mixed Financial Outcomes Amid Revenue Rise in Latest Fiscal Period

Financial News Report: Medtronic Plc Reports Mixed Earnings Results
Medtronic Plc, a leading Medical Equipment and Supplies company, recently released its financial results for the most recent fiscal period, causing a stir in the market. The company reported contradictory figures, with revenue experiencing a notable increase while income and profits showed a significant decline.
In comparison to the previous year, Medtronic Plc's revenue rose by 5.625% to $8.54 billion, indicating a positive trend. However, the income fell by -19.74% to $0.89 per share, down from $1.11 in the prior year reporting season. Additionally, net profits of $1,189.000 million in the financial time-frame ending April 28, 2023...


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





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