Medtronic Operating Margin 2012-2025 | MDT

Current and historical operating margin for Medtronic (MDT) over the last 10 years. The current operating profit margin for Medtronic as of October 31, 2025 is 20.83%.
Medtronic Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-10-31 $34.76B $6.21B 17.87%
2025-07-31 $34.20B $6.12B 17.89%
2025-04-30 $33.54B $5.96B 17.76%
2025-01-31 $33.20B $5.57B 16.78%
2024-10-31 $33.00B $5.41B 16.40%
2024-07-31 $32.58B $5.16B 15.83%
2024-04-30 $32.36B $5.15B 15.90%
2024-01-31 $32.32B $5.66B 17.51%
2023-10-31 $31.96B $5.57B 17.42%
2023-07-31 $31.56B $5.63B 17.84%
2023-04-30 $31.23B $5.49B 17.56%
2023-01-31 $30.77B $5.59B 18.17%
2022-10-31 $30.81B $5.86B 19.01%
2022-07-31 $31.07B $6.02B 19.37%
2022-04-30 $31.69B $5.75B 18.16%
2022-01-31 $31.79B $5.69B 17.89%
2021-10-31 $31.80B $5.30B 16.68%
2021-07-31 $31.60B $4.67B 14.78%
2021-04-30 $30.12B $4.48B 14.89%
2021-01-31 $27.93B $3.20B 11.44%
2020-10-31 $27.87B $3.56B 12.77%
2020-07-31 $27.93B $3.98B 14.25%
2020-04-30 $28.91B $4.79B 16.57%
2020-01-31 $31.06B $6.42B 20.67%
2019-10-31 $30.89B $6.32B 20.47%
2019-07-31 $30.67B $6.52B 21.25%
2019-04-30 $30.56B $6.27B 20.51%
2019-01-31 $30.56B $6.25B 20.45%
2018-10-31 $30.38B $6.14B 20.23%
2018-07-31 $29.95B $6.49B 21.68%
2018-04-30 $29.95B $6.64B 22.17%
2018-01-31 $29.73B $6.40B 21.52%
2017-10-31 $29.64B $6.11B 20.60%
2017-07-31 $29.93B $5.60B 18.70%
2017-04-30 $29.71B $5.38B 18.12%
2017-01-31 $29.36B $5.27B 17.96%
2016-10-31 $29.01B $5.48B 18.90%
2016-07-31 $28.73B $5.40B 18.79%
2016-04-30 $28.83B $5.36B 18.59%
2016-01-31 $28.57B $3.95B 13.81%
2015-10-31 $25.95B $3.87B 14.89%
2015-07-31 $23.26B $3.76B 16.16%
2015-04-30 $20.26B $3.77B 18.59%
2015-01-31 $17.52B $3.91B 22.33%
2014-10-31 $17.37B $3.66B 21.09%
2014-07-31 $17.20B $3.68B 21.37%
2014-04-30 $17.01B $3.81B 22.42%
2014-01-31 $16.90B $4.70B 27.80%
2013-10-31 $16.76B $4.89B 29.18%
2013-07-31 $16.67B $4.87B 29.23%
2013-04-30 $16.59B $4.76B 28.66%
2013-01-31 $16.43B $4.78B 29.09%
2012-10-31 $16.32B $4.71B 28.89%
2012-07-31 $16.25B $4.75B 29.23%
2012-04-30 $16.18B $4.75B 29.34%
2012-01-31 $15.86B $4.52B 28.46%
2011-10-31 $15.80B $4.51B 28.54%
2011-07-31 $15.68B $4.38B 27.91%
2011-04-30 $15.51B $4.30B 27.71%
2011-01-31 $15.30B $4.37B 28.56%
2010-10-31 $15.30B $4.49B 29.36%
2010-07-31 $15.23B $4.63B 30.37%
2010-04-30 $15.39B $4.71B 30.63%
2010-01-31 $15.45B $4.32B 27.95%
2009-10-31 $15.09B $4.03B 26.71%
2009-07-31 $14.83B $3.89B 26.22%
2009-04-30 $14.60B $3.83B 26.26%
2009-01-31 $14.63B $4.37B 29.87%
2008-10-31 $14.54B $4.08B 28.05%
2008-07-31 $14.09B $3.88B 27.51%
2008-04-30 $13.52B $3.66B 27.05%
2008-01-31 $12.94B $3.42B 26.46%
2007-10-31 $12.58B $3.68B 29.23%
2007-07-31 $12.53B $3.72B 29.70%
2007-04-30 $12.30B $3.71B 30.17%
2007-01-31 $12.09B $3.78B 31.26%
2006-10-31 $11.81B $3.73B 31.57%
2006-07-31 $11.50B $3.70B 32.14%
2006-04-30 $11.29B $3.34B 29.59%
2006-01-31 $11.00B $3.28B 29.78%
2005-10-31 $10.76B $3.26B 30.25%
2005-07-31 $10.40B $3.17B 30.52%
2005-04-30 $10.06B $3.44B 34.24%
2005-01-31 $9.94B $3.41B 34.31%
2004-10-31 $9.61B $3.29B 34.23%
2004-07-31 $9.37B $3.23B 34.45%
2004-04-30 $9.09B $3.14B 34.55%
2004-01-31 $8.57B $2.97B 34.69%
2003-10-31 $8.29B $2.89B 34.85%
2003-07-31 $8.02B $2.66B 33.22%
2003-04-30 $7.67B $2.54B 33.12%
2003-01-31 $7.31B $2.39B 32.71%
2002-10-31 $6.99B $2.22B 31.74%
2002-07-31 $6.67B $1.96B 29.36%
2002-04-30 $6.41B $1.86B 28.95%
2002-01-31 $6.14B $1.78B 29.05%
2001-10-31 $5.91B $1.74B 29.52%
2001-07-31 $5.70B $1.92B 33.75%
2001-04-30 $5.55B $1.88B 33.84%
2001-01-31 $5.47B $1.74B 31.85%
2000-10-31 $5.36B $1.69B 31.44%
2000-07-31 $5.16B $1.62B 31.40%
2000-04-30 $4.96B $1.55B 31.23%
2000-01-31 $4.67B $1.14B 24.46%
1999-10-31 $4.48B $1.07B 23.92%
1999-07-31 $4.30B $1.18B 27.43%
1999-04-30 $4.19B $1.37B 32.80%
1999-01-31 $3.73B $1.61B 43.23%
1998-10-31 $3.29B $1.49B 45.22%
1998-07-31 $2.95B $1.22B 41.29%
1998-04-30 $2.60B $0.88B 33.79%
1998-01-31 $2.56B $0.86B 33.49%
1997-10-31 $2.53B $0.84B 33.36%
1997-07-31 $2.48B $0.82B 32.90%
1997-04-30 $2.44B $0.78B 32.16%
1997-01-31 $2.40B $0.75B 31.27%
1996-10-31 $2.33B $0.72B 31.13%
1996-07-31 $2.25B $0.69B 30.69%
1996-04-30 $2.17B $0.65B 29.97%
1996-01-31 $2.09B $0.60B 28.49%
1995-10-31 $1.98B $0.54B 27.28%
1995-07-31 $1.86B $0.49B 26.13%
1995-04-30 $1.74B $0.44B 25.01%
1995-01-31 $1.62B $0.41B 25.20%
1994-10-31 $1.54B $0.39B 25.06%
1994-07-31 $1.46B $0.37B 25.00%
1994-04-30 $1.39B $0.33B 23.94%
1994-01-31 $1.36B $0.32B 23.45%
1993-10-31 $1.33B $0.31B 22.95%
1993-07-31 $1.33B $0.29B 21.82%
1993-04-30 $1.33B $0.30B 22.21%
1993-01-31 $1.30B $0.28B 21.70%
1992-10-31 $1.30B $0.27B 21.00%
1992-07-31 $1.24B $0.26B 21.01%
1992-04-30 $1.18B $0.25B 20.90%
1992-01-31 $1.13B $0.24B 20.83%
1991-10-31 $1.09B $0.23B 20.90%
1991-07-31 $1.06B $0.22B 20.53%
1991-04-30 $1.02B $0.21B 20.16%
1991-01-31 $1.00B $0.20B 20.04%
1990-10-31 $0.95B $0.19B 19.94%
1990-07-31 $0.90B $0.18B 20.13%
1990-04-30 $0.87B $0.18B 20.21%
1990-01-31 $0.82B $0.17B 20.07%
1989-10-31 $0.80B $0.16B 20.07%
1989-07-31 $0.78B $0.16B 20.08%
1989-04-30 $0.77B $0.14B 17.75%
1989-01-31 $0.73B $0.12B 16.92%
1988-10-31 $0.71B $0.12B 16.83%
1988-07-31 $0.68B $0.12B 16.96%
1988-04-30 $0.65B $0.13B 19.91%
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $124.048B $33.537B
Medtronic, Inc. acquired Ireland-based Covidien plc. The acquisition resulted in the formation of a new holding company incorporated in Ireland - Medtronic plc. The company currently generates revenues from four major segments - namely Cardiovascular Portfolio, Medical Surgical Portfolio, Neuroscience Portfolio and Diabetes. The Cardiovascular Portfolio, formerly reported as the Cardiac and Vascular Group, includes the Cardiac Rhythm & Heart Failure, Structural Heart & Aortic and Coronary & Peripheral Vascular divisions. The Medical Surgical Portfolio, formerly reported as the Minimally Invasive Therapies Group, includes the Surgical Innovations and the Respiratory, Gastrointestinal & Renal divisions. Neuroscience consists of Cranial & Spinal Technologies, Specialty The Neuroscience Portfolio, formerly reported as the Restorative Therapies Group, includes the Cranial & Spinal Technologies, Specialty Therapies, and Neuromodulation divisions.
Stock Name Country Market Cap PE Ratio
Abbott Laboratories (ABT) United States $211.725B 24.40
EssilorLuxottica (ESLOY) France $146.103B 0.00
Stryker (SYK) United States $139.118B 27.62
Boston Scientific (BSX) United States $130.559B 29.85
Medline (MDLN) United States $57.961B 0.00
Lonza Group Ag (LZAGY) Switzerland $48.907B 0.00
Agilent Technologies (A) United States $39.588B 25.02
ResMed (RMD) United States $37.591B 26.02
GE HealthCare Technologies (GEHC) United States $37.239B 17.81
Koninklijke Philips (PHG) Netherlands $28.483B 18.60
Terumo (TRUMY) Japan $20.476B 23.05
Insulet (PODD) United States $20.239B 62.82
Zimmer Biomet Holdings (ZBH) United States $17.303B 10.79
Smith & Nephew SNATS (SNN) United Kingdom $13.894B 0.00
Baxter (BAX) United States $10.338B 8.34
Sunny Optical Technology (SNPTF) China $9.589B 0.00
Bio-Rad Laboratories (BIO) United States $8.457B 30.41
Demant (WILYY) Denmark $7.372B 0.00
Lantheus Holdings (LNTH) United States $4.261B 12.98
Envista Holdings (NVST) United States $4.150B 23.81
BillionToOne (BLLN) United States $4.061B 0.00
ICU Medical (ICUI) United States $3.855B 24.48
Haemonetics (HAE) United States $3.378B 15.03
Prestige Consumer Healthcare (PBH) United States $3.131B 14.28
Shandong Weigao Medical Polymer (SHWGF) China $3.099B 0.00
QuidelOrtho (QDEL) United States $2.255B 14.50
Perrigo (PRGO) Ireland $2.068B 5.18
Neogen (NEOG) United States $2.012B 44.05
LeMaitre Vascular (LMAT) United States $2.002B 40.31
AtriCure (ATRC) United States $1.942B 0.00
Curaleaf Holdings (CURLF) Canada $1.805B 0.00
Green Thumb Industries (GTBIF) United States $1.678B 73.54
Phibro Animal Health (PAHC) United States $1.665B 16.63
Lumexa Imaging Holdings (LMRI) United States $1.471B 0.00
AdaptHealth (AHCO) United States $1.437B 20.80
Kestra Medical Technologies (KMTS) United States $1.333B 0.00
BioLife Solutions (BLFS) United States $1.176B 348.86
Capricor Therapeutics (CAPR) United States $1.113B 0.00
Tilray Brands (TLRY) Canada $1.102B 0.00
Maravai LifeSciences Holdings (MRVI) United States $1.002B 0.00
InMode (INMD) Israel $0.881B 9.96
Valneva SE (VALN) France $0.867B 0.00
Omeros (OMER) United States $0.852B 0.00
CeriBell (CBLL) United States $0.814B 0.00
VAREX IMAGING (VREX) United States $0.578B 15.67
Cerus (CERS) United States $0.499B 0.00
Verano Holdings (VRNO) United States $0.479B 0.00
Cresco Labs (CRLBF) United States $0.458B 0.00
Brainsway (BWAY) Israel $0.454B 77.27
Canopy Growth (CGC) Canada $0.438B 0.00
SNDL (SNDL) Canada $0.423B 0.00
Quanterix (QTRX) United States $0.346B 0.00
Evolus (EOLS) United States $0.337B 0.00
SEMPERIT AG HLD (SEIGY) Austria $0.309B 0.00
Viemed Healthcare (VMD) United States $0.279B 22.21
TriSalus Life Sciences (TLSI) United States $0.276B 0.00
TerrAscend (TSNDF) Canada $0.242B 0.00
Aurora Cannabis (ACB) Canada $0.240B 141.00
Sanuwave Health (SNWV) United States $0.232B 0.00
High Tide (HITI) Canada $0.224B 0.00
Organigram Global (OGI) Canada $0.218B 0.00
Owens & Minor (OMI) United States $0.217B 2.17
Sanara MedTech (SMTI) United States $0.203B 0.00
Utah Medical Products (UTMD) United States $0.196B 17.27
Accendra Health (ACH) United States $0.195B 1.95
OraSure Technologies (OSUR) United States $0.193B 0.00
Vireo Growth (VREOF) United States $0.192B 0.00
Quipt Home Medical (QIPT) United States $0.158B 0.00
Apyx Medical (APYX) United States $0.153B 0.00
FitLife Brands (FTLF) United States $0.149B 0.00
Oramed Pharmaceuticals (ORMP) United States $0.146B 0.00
Fonar (FONR) United States $0.116B 16.79
Jushi Holdings (JUSHF) United States $0.114B 0.00
MacroGenics (MGNX) United States $0.109B 0.00
Exagen (XGN) United States $0.106B 0.00
Biote (BTMD) United States $0.106B 4.64
Sharps Technology (STSS) United States $0.069B 0.00
ImmuCell (ICCC) United States $0.058B 24.46
Nephros (NEPH) United States $0.048B 34.46
Cytosorbents (CTSO) United States $0.044B 0.00
Veru (VERU) United States $0.043B 0.00
Rockwell Medical (RMTI) United States $0.038B 0.00
Modular Medical (MODD) United States $0.037B 0.00
United-Guardian (UG) United States $0.031B 15.67
Jin Medical (ZJYL) China $0.024B 0.00
Allurion Technologies (ALUR) United States $0.023B 0.00
Bonk (BNKK) United States $0.018B 0.00
Cellectar Biosciences (CLRB) United States $0.015B 0.00
INLIF (INLF) China $0.009B 0.00
Innovative Eyewear (LUCY) United States $0.008B 0.00
IM Cannabis (IMCC) Canada $0.007B 0.00
Flora Growth (FLGC) United States $0.007B 0.00
Agape ATP (ATPC) $0.004B 0.00
Zynex (ZYXI) United States $0.004B 0.00
GlucoTrack (GCTK) United States $0.004B 0.00
Functional Brands (MEHA) United States $0.003B 0.00
Meihua Medical Technologies (MHUA) China $0.002B 0.00
Akanda (AKAN) Canada $0.000B 0.00
InterCure (INCR) Israel $0.000B 0.00
InVivo Therapeutics Holdings (NVIVQ) United States $0.000B 0.00
Trinity Biotech (TRIB) Ireland $0.000B 0.00