MDT: Medtronic Plc Financial Statements
Balance sheet, income statement, and cash flow statements for Medtronic Plc (MDT).
$105.88B Market Cap.
MDT Market Cap. (MRY)
MDT Shares Outstanding (MRY)
MDT Assets (MRY)
Total Assets
$89.98B
Total Liabilities
$39.56B
Total Investments
$6.72B
MDT Income (MRY)
Revenue
$32.36B
Net Income
$3.68B
Operating Expense
$16.00B
MDT Cash Flow (MRY)
CF Operations
$6.79B
CF Investing
-$2.37B
CF Financing
-$4.45B
MDT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $89,981,000,000 (-1.06%) | $90,948,000,000 (-0.04%) | $90,981,000,000 (-2.26%) | $93,083,000,000 (2.64%) |
Assets Current | $21,935,000,000 (1.20%) | $21,675,000,000 (-6.00%) | $23,059,000,000 (2.27%) | $22,548,000,000 (2.35%) |
Assets Non-Current | $68,046,000,000 (-1.77%) | $69,273,000,000 (1.99%) | $67,922,000,000 (-3.70%) | $70,535,000,000 (2.73%) |
Goodwill & Intangible Assets | $54,211,000,000 (-3.66%) | $56,269,000,000 (0.31%) | $56,097,000,000 (-6.04%) | $59,701,000,000 (1.35%) |
Shareholders Equity | $50,214,000,000 (-2.46%) | $51,483,000,000 (-2.03%) | $52,551,000,000 (2.18%) | $51,428,000,000 (1.36%) |
Property Plant & Equipment Net | $6,131,000,000 (10.09%) | $5,569,000,000 (2.88%) | $5,413,000,000 (3.68%) | $5,221,000,000 (8.14%) |
Cash & Equivalents | $1,284,000,000 (-16.79%) | $1,543,000,000 (-58.45%) | $3,714,000,000 (3.37%) | $3,593,000,000 (-13.21%) |
Accumulated Other Comprehensive Income | -$3,318,000,000 (5.17%) | -$3,499,000,000 (-54.48%) | -$2,265,000,000 (35.01%) | -$3,485,000,000 (2.11%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $6,721,000,000 (4.75%) | $6,416,000,000 (-6.46%) | $6,859,000,000 (-5.05%) | $7,224,000,000 (6.11%) |
Investments Current | $6,721,000,000 (4.75%) | $6,416,000,000 (-6.46%) | $6,859,000,000 (-5.05%) | $7,224,000,000 (6.11%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $5,217,000,000 (-1.44%) | $5,293,000,000 (14.67%) | $4,616,000,000 (7.03%) | $4,313,000,000 (1.99%) |
Trade & Non-Trade Receivables | $6,128,000,000 (2.17%) | $5,998,000,000 (8.05%) | $5,551,000,000 (1.63%) | $5,462,000,000 (17.59%) |
Trade & Non-Trade Payables | $2,410,000,000 (-9.47%) | $2,662,000,000 (16.96%) | $2,276,000,000 (8.07%) | $2,106,000,000 (5.51%) |
Accumulated Retained Earnings (Deficit) | $30,403,000,000 (0.04%) | $30,392,000,000 (0.47%) | $30,250,000,000 (5.79%) | $28,594,000,000 (1.64%) |
Tax Assets | $3,657,000,000 (5.18%) | $3,477,000,000 (2.17%) | $3,403,000,000 (7.38%) | $3,169,000,000 (11.90%) |
Tax Liabilities | $3,704,000,000 (-5.22%) | $3,908,000,000 (6.34%) | $3,675,000,000 (-1.05%) | $3,714,000,000 (-14.78%) |
Total Debt | $25,024,000,000 (2.71%) | $24,364,000,000 (1.04%) | $24,114,000,000 (-8.62%) | $26,389,000,000 (6.42%) |
Debt Current | $1,092,000,000 (5360.00%) | $20,000,000 (-99.47%) | $3,742,000,000 (33918.18%) | $11,000,000 (-99.60%) |
Debt Non-Current | $23,932,000,000 (-1.69%) | $24,344,000,000 (19.50%) | $20,372,000,000 (-22.77%) | $26,378,000,000 (19.79%) |
Total Liabilities | $39,561,000,000 (0.71%) | $39,283,000,000 (2.67%) | $38,260,000,000 (-7.77%) | $41,481,000,000 (4.18%) |
Liabilities Current | $10,789,000,000 (19.20%) | $9,051,000,000 (-26.97%) | $12,394,000,000 (45.66%) | $8,509,000,000 (-17.91%) |
Liabilities Non-Current | $28,772,000,000 (-4.83%) | $30,232,000,000 (16.88%) | $25,866,000,000 (-21.55%) | $32,972,000,000 (11.96%) |
MDT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $32,364,000,000 (3.64%) | $31,227,000,000 (-1.45%) | $31,686,000,000 (5.21%) | $30,117,000,000 (4.16%) |
Cost of Revenue | $11,216,000,000 (4.64%) | $10,719,000,000 (5.66%) | $10,145,000,000 (-3.22%) | $10,483,000,000 (11.24%) |
Selling General & Administrative Expense | $10,736,000,000 (3.08%) | $10,415,000,000 (1.20%) | $10,292,000,000 (1.42%) | $10,148,000,000 (0.39%) |
Research & Development Expense | $2,735,000,000 (1.45%) | $2,696,000,000 (-1.82%) | $2,746,000,000 (10.15%) | $2,493,000,000 (6.95%) |
Operating Expenses | $16,003,000,000 (6.52%) | $15,023,000,000 (-4.85%) | $15,788,000,000 (4.21%) | $15,150,000,000 (3.08%) |
Interest Expense | $719,000,000 (13.05%) | $636,000,000 (15.01%) | $553,000,000 (-40.22%) | $925,000,000 (-15.29%) |
Income Tax Expense | $1,133,000,000 (-28.29%) | $1,580,000,000 (246.49%) | $456,000,000 (72.08%) | $265,000,000 (135.29%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $3,705,000,000 (-2.09%) | $3,784,000,000 (-25.25%) | $5,062,000,000 (39.45%) | $3,630,000,000 (-24.47%) |
Net Income to Non-Controlling Interests | $28,000,000 (7.69%) | $26,000,000 (18.18%) | $22,000,000 (-8.33%) | $24,000,000 (41.18%) |
Net Income | $3,676,000,000 (-2.18%) | $3,758,000,000 (-25.42%) | $5,039,000,000 (39.74%) | $3,606,000,000 (-24.70%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $3,676,000,000 (-2.18%) | $3,758,000,000 (-25.42%) | $5,039,000,000 (39.74%) | $3,606,000,000 (-24.70%) |
Weighted Average Shares | $1,327,700,000 (-0.16%) | $1,329,800,000 (-0.94%) | $1,342,400,000 (-0.19%) | $1,344,900,000 (0.31%) |
Weighted Average Shares Diluted | $1,330,200,000 (-0.20%) | $1,332,800,000 (-1.38%) | $1,351,400,000 (-0.19%) | $1,354,000,000 (0.21%) |
Earning Before Interest & Taxes (EBIT) | $5,528,000,000 (-7.47%) | $5,974,000,000 (-1.22%) | $6,048,000,000 (26.11%) | $4,796,000,000 (-6.51%) |
Gross Profit | $21,148,000,000 (3.12%) | $20,508,000,000 (-4.80%) | $21,541,000,000 (9.71%) | $19,634,000,000 (0.74%) |
Operating Income | $5,145,000,000 (-6.20%) | $5,485,000,000 (-4.66%) | $5,753,000,000 (28.30%) | $4,484,000,000 (-6.41%) |
MDT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,366,000,000 (32.26%) | -$3,493,000,000 (-110.55%) | -$1,659,000,000 (42.11%) | -$2,866,000,000 (10.52%) |
Net Cash Flow from Financing | -$4,450,000,000 (10.28%) | -$4,960,000,000 (7.05%) | -$5,336,000,000 (-29.01%) | -$4,136,000,000 (1.48%) |
Net Cash Flow from Operations | $6,787,000,000 (12.39%) | $6,039,000,000 (-17.79%) | $7,346,000,000 (17.72%) | $6,240,000,000 (-13.74%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$259,000,000 (88.07%) | -$2,171,000,000 (-1894.21%) | $121,000,000 (122.12%) | -$547,000,000 (-116.21%) |
Net Cash Flow - Business Acquisitions and Disposals | -$211,000,000 (88.70%) | -$1,867,000,000 (-1951.65%) | -$91,000,000 (90.85%) | -$994,000,000 (-103.69%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$307,000,000 (-79.53%) | -$171,000,000 (10.00%) | -$190,000,000 (58.96%) | -$463,000,000 (68.40%) |
Capital Expenditure | -$1,587,000,000 (-8.77%) | -$1,459,000,000 (-6.65%) | -$1,368,000,000 (-0.96%) | -$1,355,000,000 (-11.71%) |
Issuance (Repayment) of Debt Securities | $1,073,000,000 (279.43%) | -$598,000,000 (-59700.00%) | -$1,000,000 (99.82%) | -$570,000,000 (-1.97%) |
Issuance (Purchase) of Equity Shares | -$1,854,000,000 (-450.15%) | -$337,000,000 (84.07%) | -$2,115,000,000 (-1088.20%) | -$178,000,000 (73.19%) |
Payment of Dividends & Other Cash Distributions | -$3,666,000,000 (-1.38%) | -$3,616,000,000 (-6.89%) | -$3,383,000,000 (-8.43%) | -$3,120,000,000 (-7.81%) |
Effect of Exchange Rate Changes on Cash | -$230,000,000 (-194.65%) | $243,000,000 (205.19%) | -$231,000,000 (-207.44%) | $215,000,000 (350.00%) |
Share Based Compensation | $393,000,000 (10.70%) | $355,000,000 (-1.11%) | $359,000,000 (4.36%) | $344,000,000 (15.82%) |
Depreciation Amortization & Accretion | $2,647,000,000 (-1.85%) | $2,697,000,000 (-0.37%) | $2,707,000,000 (0.19%) | $2,702,000,000 (1.46%) |
MDT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 65.30% (-0.61%) | 65.70% (-3.38%) | 68.00% (4.29%) | 65.20% (-3.26%) |
Profit Margin | 11.40% (-5.00%) | 12.00% (-24.53%) | 15.90% (32.50%) | 12.00% (-27.71%) |
EBITDA Margin | 25.30% (-8.99%) | 27.80% (0.72%) | 27.60% (10.84%) | 24.90% (-7.78%) |
Return on Average Equity (ROAE) | 7.20% (0.00%) | 7.20% (-25.77%) | 9.70% (36.62%) | 7.10% (-24.47%) |
Return on Average Assets (ROAA) | 4.10% (0.00%) | 4.10% (-25.45%) | 5.50% (44.74%) | 3.80% (-26.92%) |
Return on Sales (ROS) | 17.10% (-10.47%) | 19.10% (0.00%) | 19.10% (20.13%) | 15.90% (-10.17%) |
Return on Invested Capital (ROIC) | 11.20% (-15.79%) | 13.30% (3.10%) | 12.90% (26.47%) | 10.20% (-12.07%) |
Dividend Yield | 3.50% (16.67%) | 3.00% (25.00%) | 2.40% (33.33%) | 1.80% (-18.18%) |
Price to Earnings Ratio (P/E) | 28.79 (-10.43%) | 32.14 (15.48%) | 27.83 (-43.03%) | 48.85 (75.63%) |
Price to Sales Ratio (P/S) | 3.27 (-15.54%) | 3.87 (-12.40%) | 4.42 (-24.38%) | 5.85 (26.95%) |
Price to Book Ratio (P/B) | 2.11 (-10.26%) | 2.35 (-11.79%) | 2.66 (-22.38%) | 3.43 (30.84%) |
Debt to Equity Ratio (D/E) | 0.79 (3.28%) | 0.76 (4.81%) | 0.73 (-9.79%) | 0.81 (2.80%) |
Earnings Per Share (EPS) | 2.77 (-2.12%) | 2.83 (-24.53%) | 3.75 (39.93%) | 2.68 (-24.93%) |
Sales Per Share (SPS) | 24.38 (3.81%) | 23.48 (-0.52%) | 23.6 (5.41%) | 22.39 (3.83%) |
Free Cash Flow Per Share (FCFPS) | 3.92 (13.73%) | 3.44 (-22.66%) | 4.45 (22.60%) | 3.63 (-19.13%) |
Book Value Per Share (BVPS) | 37.82 (-2.31%) | 38.72 (-1.10%) | 39.15 (2.37%) | 38.24 (1.04%) |
Tangible Assets Book Value Per Share (TABVPS) | 26.94 (3.31%) | 26.08 (0.35%) | 25.99 (4.69%) | 24.82 (4.69%) |
Enterprise Value Over EBIT (EV/EBIT) | 23 (-4.17%) | 24 (-11.11%) | 27 (-35.71%) | 42 (40.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 15.83 (-5.05%) | 16.68 (-9.69%) | 18.47 (-31.36%) | 26.91 (35.32%) |
Asset Turnover | 0.36 (5.60%) | 0.34 (-2.02%) | 0.35 (9.15%) | 0.32 (0.32%) |
Current Ratio | 2.03 (-15.11%) | 2.4 (28.76%) | 1.86 (-29.81%) | 2.65 (24.71%) |
Dividends | $2.76 (1.47%) | $2.72 (7.94%) | $2.52 (8.62%) | $2.32 (7.41%) |
Free Cash Flow (FCF) | $5,200,000,000 (13.54%) | $4,580,000,000 (-23.39%) | $5,978,000,000 (22.37%) | $4,885,000,000 (-18.87%) |
Enterprise Value (EV) | $129,439,569,260 (-10.49%) | $144,609,036,243 (-10.56%) | $161,679,028,616 (-19.86%) | $201,735,697,129 (30.20%) |
Earnings Before Tax (EBT) | $4,809,000,000 (-9.91%) | $5,338,000,000 (-2.86%) | $5,495,000,000 (41.95%) | $3,871,000,000 (-4.14%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $8,175,000,000 (-5.72%) | $8,671,000,000 (-0.96%) | $8,755,000,000 (16.76%) | $7,498,000,000 (-3.79%) |
Invested Capital | $48,721,000,000 (0.56%) | $48,449,000,000 (12.96%) | $42,890,000,000 (-10.03%) | $47,669,000,000 (13.29%) |
Working Capital | $11,146,000,000 (-11.71%) | $12,624,000,000 (18.37%) | $10,665,000,000 (-24.03%) | $14,039,000,000 (20.35%) |
Tangible Asset Value | $35,770,000,000 (3.15%) | $34,679,000,000 (-0.59%) | $34,884,000,000 (4.50%) | $33,382,000,000 (5.02%) |
Market Capitalization | $105,880,569,260 (-12.50%) | $121,002,036,243 (-13.57%) | $140,003,028,616 (-20.67%) | $176,489,697,129 (32.62%) |
Average Equity | $51,161,000,000 (-1.36%) | $51,869,000,000 (-0.52%) | $52,142,500,000 (2.92%) | $50,661,500,000 (-0.41%) |
Average Assets | $90,420,000,000 (-1.78%) | $92,059,250,000 (0.52%) | $91,585,750,000 (-3.63%) | $95,036,250,000 (3.91%) |
Invested Capital Average | $49,322,750,000 (9.44%) | $45,066,750,000 (-3.57%) | $46,737,000,000 (-0.92%) | $47,169,000,000 (6.64%) |
Shares | 1,327,822,539 (-0.20%) | 1,330,423,708 (-0.83%) | 1,341,539,178 (-0.48%) | 1,348,072,847 (0.59%) |
