Medtronic PLC
NYSE:MDT

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Medtronic PLC
NYSE:MDT
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Price: 90.11 USD 0.48% Market Closed
Market Cap: 115.6B USD
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Gross Margin
Medtronic PLC

65.5%
Current
67%
Average
47.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
65.5%
=
Gross Profit
21.3B
/
Revenue
32.6B

Gross Margin Across Competitors

Country IE
Market Cap 115.6B USD
Gross Margin
66%
Country US
Market Cap 203.2B USD
Gross Margin
56%
Country US
Market Cap 183.6B USD
Gross Margin
67%
Country US
Market Cap 140.7B USD
Gross Margin
64%
Country US
Market Cap 127.4B USD
Gross Margin
69%
Country US
Market Cap 69.4B USD
Gross Margin
45%
Country DE
Market Cap 57.2B EUR
Gross Margin
38%
Country CN
Market Cap 338.3B CNY
Gross Margin
65%
Country US
Market Cap 40B USD
Gross Margin N/A
Country US
Market Cap 39.6B USD
Gross Margin
79%
Country US
Market Cap 39.6B USD
Gross Margin
41%

Profitability Report

View the profitability report to see the full profitability analysis for Medtronic PLC.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
65.5%
=
Gross Profit
21.3B
/
Revenue
32.6B
What is the Gross Margin of Medtronic PLC?

Based on Medtronic PLC's most recent financial statements, the company has Gross Margin of 65.5%.