Medtronic PLC (MDT)
79.74
+0.49
(+0.62%)
USD |
NYSE |
Apr 26, 16:00
79.78
+0.04
(+0.05%)
After-Hours: 17:46
Medtronic Gross Profit Margin (Quarterly): 65.61% for Jan. 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| January 31, 2024 | 65.61% |
| October 31, 2023 | 65.42% |
| July 31, 2023 | 65.88% |
| April 30, 2023 | 65.14% |
| January 31, 2023 | 65.20% |
| October 31, 2022 | 66.58% |
| July 31, 2022 | 65.87% |
| April 30, 2022 | 67.97% |
| January 31, 2022 | 68.32% |
| October 31, 2021 | 68.18% |
| July 31, 2021 | 67.47% |
| April 30, 2021 | 67.60% |
| January 31, 2021 | 66.29% |
| October 31, 2020 | 64.63% |
| July 31, 2020 | 61.50% |
| April 30, 2020 | 62.25% |
| January 31, 2020 | 68.90% |
| October 31, 2019 | 68.93% |
| July 31, 2019 | 68.42% |
| April 30, 2019 | 69.52% |
| January 31, 2019 | 69.98% |
| October 31, 2018 | 70.55% |
| July 31, 2018 | 70.15% |
| April 30, 2018 | 70.56% |
| January 31, 2018 | 70.23% |
| Date | Value |
|---|---|
| October 31, 2017 | 69.89% |
| July 31, 2017 | 68.17% |
| April 30, 2017 | 69.19% |
| January 31, 2017 | 68.86% |
| October 31, 2016 | 68.33% |
| July 31, 2016 | 68.45% |
| April 30, 2016 | 68.77% |
| January 31, 2016 | 69.12% |
| October 31, 2015 | 69.08% |
| July 31, 2015 | 66.24% |
| April 30, 2015 | 59.83% |
| January 31, 2015 | 73.88% |
| October 31, 2014 | 73.84% |
| July 31, 2014 | 74.14% |
| April 30, 2014 | 74.35% |
| January 31, 2014 | 74.78% |
| October 31, 2013 | 74.01% |
| July 31, 2013 | 74.97% |
| April 30, 2013 | 74.57% |
| January 31, 2013 | 75.19% |
| October 31, 2012 | 75.09% |
| July 31, 2012 | 75.72% |
| April 30, 2012 | 75.63% |
| January 31, 2012 | 76.24% |
| October 31, 2011 | 76.14% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
61.50%
Minimum
Jul 2020
69.52%
Maximum
Apr 2019
66.48%
Average
66.43%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Abbott Laboratories | 55.21% |
| Boston Scientific Corp | 69.21% |
| Stryker Corp | 63.68% |
| Axonics Inc | 75.42% |
| Conmed Corp | 55.70% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.13% |
| Return on Assets | 4.60% |
| Return on Invested Capital | 5.45% |
| Profit Margin (Quarterly) | 16.34% |
| Operating Margin (Quarterly) | 18.58% |
| Return on Net Operating Assets | 5.76% |