Medtronic plc Annual Return On Assets in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Medtronic plc quarterly/annual Return On Assets history and growth rate from 2016 to 2023.
  • Medtronic plc Return On Assets for the quarter ending July 26, 2024 was 4.36 %, a 11% increase year-over-year.
  • Medtronic plc annual Return On Assets for 2023 was 3.99 %, a 2.68% decline from 2022.
  • Medtronic plc annual Return On Assets for 2022 was 4.1 %, a 22.6% decline from 2021.
  • Medtronic plc annual Return On Assets for 2021 was 5.3 %, a 34.5% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.99 -0.11 -2.68% Apr 29, 2023 Apr 26, 2024
2022 4.1 -1.2 -22.6% Apr 30, 2022 Apr 28, 2023
2021 5.3 +1.36 +34.5% May 1, 2021 Apr 29, 2022
2020 3.94 -1.43 -26.6% Apr 25, 2020 Apr 30, 2021
2019 5.38 +0.53 +10.9% Apr 27, 2019 Apr 24, 2020
2018 4.85 +1.7 +54% Apr 28, 2018 Apr 26, 2019
2017 3.15 -0.76 -19.4% Apr 29, 2017 Apr 27, 2018
2016 3.91 Apr 30, 2016 Apr 28, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.