Medtronic plc (MDT)

Sector: Healthcare|Industry: Medical Devices|Market Cap: $105.76B|Employees: 95K


Medtronic plc is a leading global medical technology company that alleviates pain, restores health, and extends life. The company's primary revenue streams are device-based medical therapies and services across four segments: cardiovascular, neuroscience, medical surgical, and diabetes. Medtronic holds a leading market position due to its strong brand, innovation, and global reach, serving patients in over 150 countries.

  1. Filings

Filing Highlights

Financial Performance

Net sales reached $8,089 million for the three months ended January 26, 2024, compared to $7,727 million for the same period last year, reflecting a 5% increase. This growth indicates a positive trend in revenue generation.

Net income attributable to Medtronic rose to $1,322 million, up from $1,222 million in the prior year's comparable quarter, indicating improved profitability. This growth is a positive indicator of the company's financial health.

Diluted earnings per share increased to $0.99, up from $0.92 in the prior year. This reflects an improvement in profitability on a per-share basis.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment