Pretax income is the income that a company earns before paying income taxes. Medtronic's pretax income for the
three
months ended in Jan. 2024 was $1,472 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jan. 2024 was $5,532 Mil.
Medtronic's pretax margin was 18.20%.
During the past 13 years, Medtronic's highest Pretax Margin was 21.79%. The lowest was 12.93%. And the median was 17.10%.
Medtronic Pre-Tax Income Historical Data
The historical data trend for Medtronic's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Medtronic's Pre-Tax Income
For the Medical Devices subindustry, Medtronic's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Medtronic's Pre-Tax Income Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Medtronic's Pre-Tax Income falls into.
Medtronic Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Medtronic's Pretax Income for the fiscal year that ended in Apr. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,532 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Medtronic (NYSE:MDT) Pre-Tax Income Explanation
Medtronic's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as
During the past 13 years, Medtronic's highest Pretax Margin was 21.79%. The lowest was 12.93%. And the median was 17.10%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Medtronic Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Medtronic's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.
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