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GuruFocus has detected 5 Warning Signs with Medtronic PLC $MDT.
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Medtronic PLC (NYSE:MDT)
Pre-Tax Income
$4,602 Mil (TTM As of Apr. 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 Apr. 2017 was $1,435 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2017 was $4,602 Mil. Medtronic PLC's pretax margin was 18.13%.

During the past 13 years, Medtronic PLC's highest Pretax Margin was 25.62%. The lowest was 15.04%. And the median was 21.57%.


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. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=5330+0+-1094+366+0
=4,602

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

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1631+0+-290+94+0
=1,435

Medtronic PLC Pre-Tax Income for the trailing twelve months (TTM) ended in Apr. 2017 was 988 (Jul. 2016 ) + 1212 (Oct. 2016 ) + 967 (Jan. 2017 ) + 1435 (Apr. 2017 ) = $4,602 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 Apr. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=1435/7916
=18.13%

During the past 13 years, Medtronic PLC's highest Pretax Margin was 25.62%. The lowest was 15.04%. And the median was 21.57%.

* 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

Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16Apr17
Pretax Income 2,8852,4403,9693,6644,1454,2513,7053,4864,3364,602

Medtronic PLC Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
Pretax Income 1,1941879401,0831,1791,1349881,2129671,435
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