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GuruFocus has detected 6 Warning Signs with Medtronic PLC $MDT.
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Medtronic PLC (NYSE:MDT)
Pre-Tax Income
$4,301 Mil (TTM As of Jan. 2017)

Pretax income is the income that a company earns before paying income taxes. Medtronic PLC's pretax income for the three months ended in Jan. 2017 was $967 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jan. 2017 was $4,301 Mil. Medtronic PLC's pretax margin was 13.28%.

During the past 13 years, Medtronic PLC's highest Pretax Margin was 28.58%. The lowest was 14.65%. And the median was 22.71%.


Definition

This is the income that a company earns before paying income taxes.

Medtronic PLC's Pretax Income for the fiscal year that ended in Apr. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=5291+0+-1386+431+0
=4,336

Medtronic PLC's Pretax Income for the quarter that ended in Jan. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1147+0+-268+88+0
=967

Medtronic PLC Pre-Tax Income for the trailing twelve months (TTM) ended in Jan. 2017 was 1134 (Apr. 2016 ) + 988 (Jul. 2016 ) + 1212 (Oct. 2016 ) + 967 (Jan. 2017 ) = $4,301 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Medtronic PLC's Pretax Margin for the quarter that ended in Jan. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=967/7283
=13.28%

During the past 13 years, Medtronic PLC's highest Pretax Margin was 28.58%. The lowest was 14.65%. And the median was 22.71%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Medtronic PLC Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
Pretax Income 3,5152,8852,4403,9693,6644,1454,2513,7053,4864,336

Medtronic PLC Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
Pretax Income 1,0221,1941879401,0831,1791,1349881,212967
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