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Medtronic (MEX:MDTN) Gross-Profit-to-Asset % : 24.86% (As of Jan. 2025)


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What is Medtronic Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Medtronic's annualized Gross Profit for the quarter that ended in Jan. 2025 was MXN454,911 Mil. Medtronic's average Total Assets over the quarter that ended in Jan. 2025 was MXN1,829,860 Mil. Therefore, Medtronic's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2025 was 24.86%.


Medtronic Gross-Profit-to-Asset % Historical Data

The historical data trend for Medtronic's Gross-Profit-to-Asset % 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.

* Premium members only.

Medtronic Gross-Profit-to-Asset % Chart

Medtronic Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.10 19.55 23.52 21.15 22.76

Medtronic Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.88 24.45 23.93 25.18 24.86

Competitive Comparison of Medtronic's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Medtronic's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Medtronic's Gross-Profit-to-Asset % falls into.


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Medtronic Gross-Profit-to-Asset % Calculation

Medtronic's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Apr. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=360873.701/( (1635927.15+1535453.779)/ 2 )
=360873.701/1585690.4645
=22.76 %

Medtronic's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=454910.708/( (1803667.317+1856053.016)/ 2 )
=454910.708/1829860.1665
=24.86 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jan. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Medtronic Gross-Profit-to-Asset % Related Terms

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Medtronic Business Description

Address
Lower Hatch Street, 20 On Hatch, Dublin, IRL, 2
One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, transcatheter heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company primarily markets its products to healthcare institutions and physicians in the United States, Western Europe, and Japan. Foreign sales account for roughly 50% of the company's total sales.

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