Operating Margin of Medtronic plc from 28 Apr 2017 to 24 Oct 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Medtronic plc quarterly and annual Operating Margin in % history and change rate from 28 Apr 2017 to 24 Oct 2025.
  • Medtronic plc Operating Margin for the quarter ending 24 Oct 2025 was 18%, a 9% increase year-over-year.
  • Medtronic plc annual Operating Margin for 2024 was 18%, a 12% increase from 2023.
  • Medtronic plc annual Operating Margin for 2023 was 16%, a 9.5% decline from 2022.
  • Medtronic plc annual Operating Margin for 2022 was 18%, a 3.2% decline from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

Medtronic plc Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 18% +1.5% +9% 26 Jul 2025 24 Oct 2025
Q2 2025 18% +2.1% +13% 26 Apr 2025 25 Jul 2025
Q1 2025 18% +1.9% +12% 25 Jan 2025 25 Apr 2025
Q4 2024 17% -0.71% -4.1% 26 Oct 2024 24 Jan 2025
Q3 2024 16% -1% -5.9% 27 Jul 2024 25 Oct 2024
Q2 2024 16% -2% -11% 27 Apr 2024 26 Jul 2024
Q1 2024 16% -1.7% -9.5% 27 Jan 2024 26 Apr 2024
Q4 2023 18% -0.67% -3.7% 28 Oct 2023 26 Jan 2024
Q3 2023 17% -1.6% -8.5% 29 Jul 2023 27 Oct 2023
Q2 2023 18% -1.5% -8% 29 Apr 2023 28 Jul 2023
Q1 2023 18% -0.59% -3.2% 28 Jan 2023 28 Apr 2023
Q4 2022 18% +0.29% +1.6% 29 Oct 2022 27 Jan 2023
Q3 2022 19% +2.3% +14% 30 Jul 2022 28 Oct 2022
Q2 2022 19% +4.6% +31% 30 Apr 2022 29 Jul 2022
Q1 2022 18% +3.3% +22% 29 Jan 2022 29 Apr 2022
Q4 2021 18% +6.4% +56% 30 Oct 2021 28 Jan 2022
Q3 2021 17% +3.9% +31% 31 Jul 2021 29 Oct 2021
Q2 2021 15% +0.53% +3.7% 01 May 2021 30 Jul 2021
Q1 2021 15% -1.7% -10% 30 Jan 2021 30 Apr 2021
Q4 2020 11% -9.2% -45% 31 Oct 2020 29 Jan 2021
Q3 2020 13% -7.7% -38% 01 Aug 2020 30 Oct 2020
Q2 2020 14% -7% -33% 25 Apr 2020 31 Jul 2020
Q1 2020 17% -3.9% -19% 25 Jan 2020 24 Apr 2020
Q4 2019 21% +0.22% +1.1% 26 Oct 2019 24 Jan 2020
Q3 2019 20% +0.25% +1.2% 27 Jul 2019 25 Oct 2019
Q2 2019 21% -0.43% -2% 27 Apr 2019 26 Jul 2019
Q1 2019 21% -1.7% -7.5% 26 Jan 2019 26 Apr 2019
Q4 2018 20% 27 Oct 2018 25 Jan 2019
Q3 2018 20% 28 Jul 2018 26 Oct 2018
Q2 2018 22% 28 Apr 2018 27 Jul 2018
Q1 2018 22% 27 Jan 2018 27 Apr 2018

Medtronic plc Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 18% +1.9% +12% 27 Apr 2024 25 Apr 2025
2023 16% -1.7% -9.5% 29 Apr 2023 26 Apr 2024
2022 18% -0.59% -3.2% 30 Apr 2022 28 Apr 2023
2021 18% +3.3% +22% 01 May 2021 29 Apr 2022
2020 15% -1.7% -10% 25 Apr 2020 30 Apr 2021
2019 17% -3.9% -19% 27 Apr 2019 24 Apr 2020
2018 21% -1.7% -7.5% 28 Apr 2018 26 Apr 2019
2017 22% +4% +22% 29 Apr 2017 27 Apr 2018
2016 18% 30 Apr 2016 28 Apr 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.