Medtronic plc Quarterly Operating Margin in % from Q1 2018 to Q2 2024

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/annual Operating Margin history and growth rate from Q1 2018 to Q2 2024.
  • Medtronic plc Operating Margin for the quarter ending July 26, 2024 was 15.8 %, a 11.3% decline year-over-year.
  • Medtronic plc annual Operating Margin for 2023 was 15.9 %, a 9.51% decline from 2022.
  • Medtronic plc annual Operating Margin for 2022 was 17.6 %, a 3.25% decline from 2021.
  • Medtronic plc annual Operating Margin for 2021 was 18.2 %, a 21.9% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 15.8 -2.01 -11.3% Apr 27, 2024 Jul 26, 2024
Q1 2024 15.9 -1.67 -9.51% Jan 27, 2024 Apr 26, 2024
Q4 2023 17.5 -0.67 -3.69% Oct 28, 2023 Jan 26, 2024
Q3 2023 17.4 -1.61 -8.47% Jul 29, 2023 Oct 27, 2023
Q2 2023 17.8 -1.54 -7.95% Apr 29, 2023 Jul 28, 2023
Q1 2023 17.6 -0.59 -3.25% Jan 28, 2023 Apr 28, 2023
Q4 2022 18.2 +0.29 +1.62% Oct 29, 2022 Jan 27, 2023
Q3 2022 19 +2.34 +14% Jul 30, 2022 Oct 28, 2022
Q2 2022 19.4 +4.59 +31.1% Apr 30, 2022 Jul 29, 2022
Q1 2022 18.2 +3.26 +21.9% Jan 29, 2022 Apr 29, 2022
Q4 2021 17.9 +6.44 +56.3% Oct 30, 2021 Jan 28, 2022
Q3 2021 16.7 +3.91 +30.6% Jul 31, 2021 Oct 29, 2021
Q2 2021 14.8 +0.53 +3.72% May 1, 2021 Jul 30, 2021
Q1 2021 14.9 -1.68 -10.1% Jan 30, 2021 Apr 30, 2021
Q4 2020 11.4 -9.23 -44.7% Oct 31, 2020 Jan 29, 2021
Q3 2020 12.8 -7.71 -37.7% Aug 1, 2020 Oct 30, 2020
Q2 2020 14.3 -7 -32.9% Apr 25, 2020 Jul 31, 2020
Q1 2020 16.6 -3.94 -19.2% Jan 25, 2020 Apr 24, 2020
Q4 2019 20.7 +0.22 +1.08% Oct 26, 2019 Jan 24, 2020
Q3 2019 20.5 +0.25 +1.24% Jul 27, 2019 Oct 25, 2019
Q2 2019 21.3 -0.43 -1.98% Apr 27, 2019 Jul 26, 2019
Q1 2019 20.5 -1.66 -7.49% Jan 26, 2019 Apr 26, 2019
Q4 2018 20.5 Oct 27, 2018 Jan 25, 2019
Q3 2018 20.2 Jul 28, 2018 Oct 26, 2018
Q2 2018 21.7 Apr 28, 2018 Jul 27, 2018
Q1 2018 22.2 Jan 27, 2018 Apr 27, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.