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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Medtronic plc quarterly/annual Return On Equity history and growth rate from 2017 to 2023.
- Medtronic plc Return On Equity for the quarter ending October 25, 2024 was 8.61 %, a 8.17% increase year-over-year.
- Medtronic plc annual Return On Equity for 2023 was 7.06 %, a 1.67% decline from 2022.
- Medtronic plc annual Return On Equity for 2022 was 7.18 %, a 27.5% decline from 2021.
- Medtronic plc annual Return On Equity for 2021 was 9.91 %, a 40.3% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)