Medtronic plc

MDT
Sector

Healthcare

Industry

Medical Devices

Market Cap

$105.76B

Employees

95K

Company Overview

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.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Net sales reached $8.403 billion for the three months ended October 25, 2024, a 5% increase compared to $7.984 billion for the same period last year. This growth indicates a positive trend in revenue generation.

Net income attributable to Medtronic was $1.270 billion for the three months ended October 25, 2024, up from $909 million in the same period last year. This represents a substantial improvement in profitability.

Diluted earnings per share increased to $0.99 for the three months ended October 25, 2024, compared to $0.68 for the same period last year. This reflects improved profitability on a per-share basis.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

1 Insight

Market Environment

3 Insights