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Medtronic Inc (NYSE:MDT)
Pretax Income
$3,541 Mil (TTM As of Oct. 2014)

Pretax income is the income that a company earns before paying income taxes. Medtronic Inc's pretax income for the three months ended in Oct. 2014 was $1,022 Mil. Its pretax income for the trailing twelve months (TTM) ended in Oct. 2014 was $3,541 Mil. Medtronic Inc's pretax margin was 23.41%.

During the past 13 years, Medtronic Inc's highest Pretax Margin was 32.19%. The lowest was 16.71%. And the median was 25.62%.


Definition

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

Medtronic Inc's Pretax Income for the fiscal year that ended in Apr. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3994+-181+-379+271+0
=3,705

Medtronic Inc's Pretax Income for the quarter that ended in Oct. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1030+0+0+0+-8
=1,022

Medtronic Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Oct. 2014 was 955 (Jan. 2014 ) + 481 (Apr. 2014 ) + 1083 (Jul. 2014 ) + 1022 (Oct. 2014 ) = $3,541 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Medtronic Inc's Pretax Margin for the quarter that ended in Oct. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=1022/4366
=23.41%

During the past 13 years, Medtronic Inc's highest Pretax Margin was 32.19%. The lowest was 16.71%. And the median was 25.62%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Medtronic Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
Pretax Income 2,5443,1613,5152,8852,4403,9693,6644,1454,2513,705

Medtronic Inc Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Pretax Income 1,0888541,1551,1541,1531,1169554811,0831,022
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