What is the current annual net margin of MDT?

As of today, MDT annual net margin is 13.99%

What is 1-year change in MDT annual net margin?

MDT annual net margin is up +22.29% year-over-year

What is 3-year change in MDT annual net margin?

MDT annual net margin is down -12.45% over the past 3 years

How far is MDT annual net margin from its all-time high?

MDT annual net margin is currently -38.59% below its historical high of 22.78% set on April 30, 2007

How does MDT annual net margin rank versus sector peers?

MDT annual net margin is higher than 92.09% of companies in Healthcare sector

When is MDT next annual earnings release?

As of today, the next annual earnings release for MDT has not been scheduled

What is the current quarterly net margin of MDT?

As of today, MDT quarterly net margin is 15.42%

What is MDT quarterly net margin most recent change?

MDT quarterly net margin was up +26.29% on October 31, 2025

What is 1-year change in MDT quarterly net margin?

MDT quarterly net margin is up +1.38% year-over-year

How far is MDT quarterly net margin from its all-time high?

MDT quarterly net margin is currently -47.78% below its historical high of 29.53% set on October 31, 2005

How does MDT quarterly net margin rank versus sector peers?

MDT quarterly net margin is higher than 88.57% of companies in Healthcare sector

When is MDT next earnings release?

The next earnings release for MDT is on February 17, 2026

Medtronic Plc (MDT) Net Margin History & Chart Since 1980

Annual Net Margin

13.99%2.55%+22.29%

April 30, 2025

Summary

Current Value: As of today, MDT annual net margin is 13.99%, up +22.29% on April 30, 2025
Historical Performance: MDT annual net margin is down -12.45% over the past 3 years, and down -15.82% over the past 5 years
All-Time High Comparison: MDT annual net margin is currently -38.59% below its historical high of 22.78% set on April 30, 2007
3-Year Low Comparison: MDT annual net margin is +22.29% above its 3-year low of 11.44% reached on April 1, 2024
Sector Comparison: MDT annual net margin is higher than 92.09% of companies in Healthcare sector

Net Margin Chart

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Series

Performance

MDT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Apr 30, 25	13.99%	+22.3%	-12.4%	-15.8%	-28.6%
Quarterly Net Margin	Oct 31, 25	15.42%	+1.4%	+168.6%	+138.7%	+6.3%
Price	Jan 13, 26	$96.43	+17.9%	+19.7%	-18.8%	+158.7%
PE Ratio	Jan 13, 26	26.05	+4.4%	+4.0%	-42.6%	+101.9%
Annual Revenue	Apr 30, 25	$33.54B	+3.6%	+5.8%	+16.0%	+112.0%
Annual Net Income	Apr 30, 25	$4.69B	+26.7%	-7.3%	-2.4%	+51.4%
Annual Gross Margin	Apr 30, 25	59.78%	-0.6%	-4.9%	-3.4%	-21.3%
Annual Operating Margin	Apr 30, 25	-21.75%	+1.9%	-23.6%	-2.3%	-463.7%

Net Margin Highs

MDT Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	15.98%	N/A	-12.4%
5Y	16.62%	N/A	-15.8%
All	22.78%	Apr 30, 07	-38.6%

Net Margin Lows

MDT Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	11.44%	Apr 1, 24	+22.3%
5Y	11.44%	Apr 1, 24	+22.3%
All	10.33%	Apr 27, 18	+35.4%

Net Margin History

Year	Value	Change
2025	13.99%	+22.3%
2024	11.44%	-5.6%
2023	12.12%	-24.2%
2022	15.98%	+32.6%
2021	12.05%	-27.5%
2020	16.62%	+9.2%
2019	15.22%	+47.3%
2018	10.33%	-23.7%
2017	13.54%	+10.4%
2016	12.27%	-7.0%
2015	13.20%	-26.7%
2014	18.02%	-13.8%
2013	20.90%	-0.9%
2012	21.10%	+8.6%
2011	19.43%	-0.8%
2010	19.59%	+31.8%
2009	14.86%	-10.0%
2008	16.51%	-27.5%
2007	22.78%	+1.0%
2006	22.55%	+25.7%
2005	17.94%	-16.8%
2004	21.56%	+3.3%
2003	20.87%	+36.0%

Year	Value	Change
2002	15.35%	-18.5%
2001	18.84%	-14.0%
2000	21.91%	+93.4%
1999	11.33%	-35.5%
1998	17.56%	-19.2%
1997	21.74%	+7.7%
1996	20.18%	+19.6%
1995	16.87%	+1.0%
1994	16.71%	+4.9%
1993	15.93%	+16.0%
1992	13.73%	+5.1%
1991	13.06%	+0.5%
1990	13.00%	-1.1%
1989	13.14%	-0.8%
1988	13.24%	-9.9%
1987	14.70%	-12.2%
1986	16.74%	+35.4%
1985	12.36%	-11.7%
1984	13.99%	+2.4%
1983	13.66%	-3.4%
1982	14.14%	+5.9%
1981	13.35%	-6.6%
1980	14.30%	-

FAQ

What is the current annual net margin of MDT?
As of today, MDT annual net margin is 13.99%
What is 1-year change in MDT annual net margin?
MDT annual net margin is up +22.29% year-over-year
What is 3-year change in MDT annual net margin?
MDT annual net margin is down -12.45% over the past 3 years
How far is MDT annual net margin from its all-time high?
MDT annual net margin is currently -38.59% below its historical high of 22.78% set on April 30, 2007
How does MDT annual net margin rank versus sector peers?
MDT annual net margin is higher than 92.09% of companies in Healthcare sector
When is MDT next annual earnings release?
As of today, the next annual earnings release for MDT has not been scheduled

Quarterly Net Margin

15.42%3.21%+26.29%

October 31, 2025

Summary

Current Value: As of today, MDT quarterly net margin is 15.42%, up +26.29% on October 31, 2025
Historical Performance: MDT quarterly net margin is up +1.38% year-over-year, and up +168.64% over the past 3 years
All-Time High Comparison: MDT quarterly net margin is currently -47.78% below its historical high of 29.53% set on October 31, 2005
3-Year Low Comparison: MDT quarterly net margin is +168.64% above its 3-year low of 5.74% reached on an earlier date
Sector Comparison: MDT quarterly net margin is higher than 88.57% of companies in Healthcare sector

Performance

MDT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Oct 31, 25	15.42%	+26.3%	+1.4%	+168.6%	+138.7%
Annual Net Margin	Apr 30, 25	13.99%	–	+22.3%	-12.4%	-15.8%
Price	Jan 13, 26	$96.43	+0.9%	+17.9%	+19.7%	-18.8%
PE Ratio	Jan 13, 26	26.05	-1.3%	+4.4%	+4.0%	-42.6%
Quarterly Revenue	Oct 31, 25	$8.96B	+4.5%	+6.6%	+18.1%	+17.2%
Quarterly Net Income	Oct 31, 25	$1.38B	+32.0%	+8.1%	+217.7%	+179.8%
Quarterly Gross Margin	Oct 31, 25	60.45%	+1.4%	+0.9%	-1.4%	+2.0%
Quarterly Operating Margin	Oct 31, 25	19.31%	+9.2%	+2.8%	+6.8%	-1.3%

Quarterly Net Margin Highs

MDT Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	15.71%	Jan 24, 25	-1.9%
3Y	16.53%	Jan 31, 24	-6.7%
5Y	19.10%	Jan 28, 22	-19.3%
All	29.53%	Oct 31, 05	-47.8%

Quarterly Net Margin Lows

MDT Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	11.90%	Apr 30, 25	+29.6%
3Y	5.74%	N/A	+168.6%
5Y	5.74%	Oct 28, 22	+168.6%
All	-18.89%	Jan 26, 18	+181.6%

Quarterly Net Margin History

Month	Value	Change
Oct 2025	15.42%	+26.3%
Jul 2025	12.21%	+2.6%
Apr 2025	11.90%	-24.3%
Jan 2025	15.71%	+3.3%
Oct 2024	15.21%	+14.9%
Jul 2024	13.24%	+72.6%
Apr 2024	7.67%	-53.6%
Jan 2024	16.53%	+44.9%
Oct 2023	11.41%	+10.2%
Jul 2023	10.35%	-25.5%
Apr 2023	13.90%	-12.6%
Jan 2023	15.91%	+177.2%
Oct 2022	5.74%	-54.6%
Jul 2022	12.63%	-31.5%
Apr 2022	18.44%	-3.5%
Jan 2022	19.10%	+13.8%
Oct 2021	16.78%	+74.2%
Jul 2021	9.63%	-42.3%
Apr 2021	16.70%	+1.5%
Jan 2021	16.45%	+154.6%
Oct 2020	6.46%	-14.4%
Jul 2020	7.55%	-29.2%
Apr 2020	10.67%	-57.1%
Jan 2020	24.87%	+39.8%
Oct 2019	17.79%	+52.1%
Jul 2019	11.70%	-19.4%
Apr 2019	14.51%	-13.8%
Jan 2019	16.84%	+12.5%
Oct 2018	14.97%	+2.6%
Jul 2018	14.59%	-18.9%
Apr 2018	17.99%	+195.2%
Jan 2018	-18.89%	-166.2%
Oct 2017	28.55%	+109.2%
Jul 2017	13.65%	-7.1%
Apr 2017	14.70%	+30.6%
Jan 2017	11.26%	-25.6%
Oct 2016	15.13%	+16.7%
Jul 2016	12.96%	-17.9%
Jan 2016	15.79%	+114.2%
Oct 2015	7.37%	-34.6%
Jul 2015	11.27%	>+9,900.0%
Apr 2015	-0.01%	-100.0%
Jan 2015	22.63%	+19.4%
Oct 2014	18.96%	-7.0%
Jul 2014	20.38%	+107.7%
Apr 2014	9.81%	-46.4%
Jan 2014	18.30%	-14.9%
Oct 2013	21.51%	-7.8%
Jul 2013	23.34%	+7.4%
Apr 2013	21.73%	-11.4%
Jan 2013	24.53%	+55.4%
Oct 2012	15.78%	-26.8%
Jul 2012	21.56%	+4.3%
Apr 2012	20.67%	-4.2%
Jan 2012	21.57%	+2.3%
Oct 2011	21.08%	+3.9%
Jul 2011	20.28%	+12.2%
Apr 2011	18.07%	-22.5%
Jan 2011	23.33%	+60.9%
Oct 2010	14.50%	-34.1%
Jul 2010	22.00%	-3.3%
Apr 2010	22.74%	+5.4%
Jan 2010	21.58%	-4.6%
Oct 2009	22.62%	+100.0%
Jul 2009	11.31%	+238.6%
Apr 2009	3.34%	-83.9%
Jan 2009	20.69%	+29.4%
Oct 2008	15.99%	-20.7%
Jul 2008	20.16%	-4.3%
Apr 2008	21.06%	+831.9%
Jan 2008	2.26%	-89.4%
Oct 2007	21.32%	-1.3%
Jul 2007	21.59%	-12.8%
Apr 2007	24.76%	+6.3%
Jan 2007	23.29%	+5.1%
Oct 2006	22.15%	+7.1%
Jul 2006	20.68%	-14.3%
Apr 2006	24.13%	-0.2%
Jan 2006	24.18%	-18.1%
Oct 2005	29.53%	+147.7%
Jul 2005	11.92%	+70.3%
Apr 2005	7.00%	-67.4%
Jan 2005	21.50%	-3.7%
Oct 2004	22.32%	-1.2%

Month	Value	Change
Jul 2004	22.58%	+5.8%
Apr 2004	21.34%	+0.9%
Jan 2004	21.15%	-3.9%
Oct 2003	22.00%	+0.8%
Jul 2003	21.82%	-3.8%
Apr 2003	22.68%	+1.4%
Jan 2003	22.36%	+40.2%
Oct 2002	15.95%	-28.7%
Jul 2002	22.36%	+33.1%
Apr 2002	16.80%	-15.1%
Jan 2002	19.78%	+365.4%
Oct 2001	4.25%	-79.5%
Jul 2001	20.71%	+109.6%
Apr 2001	9.88%	-55.6%
Jan 2001	22.24%	-3.6%
Oct 2000	23.07%	+4.6%
Jul 2000	22.06%	-2.0%
Apr 2000	22.50%	+7.6%
Jan 2000	20.91%	-5.8%
Oct 1999	22.19%	-1.5%
Jul 1999	22.53%	+59.4%
Apr 1999	14.13%	+518.0%
Jan 1999	-3.38%	-117.0%
Oct 1998	19.91%	-13.5%
Jul 1998	23.02%	-1.5%
Apr 1998	23.37%	+1,932.2%
Jan 1998	1.15%	>+9,900.0%
Oct 1997	0.00%	-100.0%
Jul 1997	22.67%	+30.8%
Apr 1997	17.33%	-19.4%
Jan 1997	21.50%	+0.2%
Oct 1996	21.45%	+1.2%
Jul 1996	21.20%	+9.6%
Apr 1996	19.35%	-6.1%
Jan 1996	20.60%	+2.1%
Oct 1995	20.17%	+6.0%
Jul 1995	19.03%	+12.0%
Apr 1995	16.99%	-1.6%
Jan 1995	17.26%	+1.1%
Oct 1994	17.08%	+6.0%
Jul 1994	16.12%	-5.2%
Apr 1994	17.00%	-0.1%
Jan 1994	17.01%	+0.5%
Oct 1993	16.92%	+6.8%
Jul 1993	15.85%	-2.1%
Apr 1993	16.19%	+4.4%
Jan 1993	15.51%	-14.5%
Oct 1992	18.14%	+31.3%
Jul 1992	13.82%	-2.7%
Apr 1992	14.20%	+7.9%
Jan 1992	13.16%	-4.6%
Oct 1991	13.80%	+1.2%
Jul 1991	13.64%	-4.8%
Apr 1991	14.33%	+5.7%
Jan 1991	13.56%	+20.3%
Oct 1990	11.27%	-11.9%
Jul 1990	12.79%	-2.4%
Apr 1990	13.10%	+0.2%
Jan 1990	13.07%	+0.1%
Oct 1989	13.06%	+2.7%
Jul 1989	12.72%	-0.9%
Apr 1989	12.83%	+0.7%
Jan 1989	12.74%	+1.7%
Oct 1988	12.53%	-13.3%
Jul 1988	14.45%	+18.8%
Apr 1988	12.16%	-5.8%
Jan 1988	12.91%	-9.5%
Oct 1987	14.26%	+1.6%
Jul 1987	14.04%	+1.0%
Apr 1987	13.90%	-7.0%
Jan 1987	14.94%	+0.8%
Oct 1986	14.82%	-3.3%
Jul 1986	15.32%	+6.4%
Apr 1986	14.40%	+87.3%
Jan 1986	7.69%	-47.7%
Oct 1985	14.70%	-2.6%
Jul 1985	15.10%	+22.1%
Apr 1985	12.37%	0.0%
Jan 1985	12.37%	-2.8%
Oct 1984	12.73%	+7.2%
Jul 1984	11.88%	-26.6%
Apr 1984	16.18%	+20.0%
Jan 1984	13.48%	-

FAQ

What is the current quarterly net margin of MDT?
As of today, MDT quarterly net margin is 15.42%
What is MDT quarterly net margin most recent change?
MDT quarterly net margin was up +26.29% on October 31, 2025
What is 1-year change in MDT quarterly net margin?
MDT quarterly net margin is up +1.38% year-over-year
How far is MDT quarterly net margin from its all-time high?
MDT quarterly net margin is currently -47.78% below its historical high of 29.53% set on October 31, 2005
How does MDT quarterly net margin rank versus sector peers?
MDT quarterly net margin is higher than 88.57% of companies in Healthcare sector
When is MDT next earnings release?
The next earnings release for MDT is on February 17, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

MDT Official Website www.medtronic.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1613103/000162828025052771/0001628280-25-052771-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1613103/000161310325000091/0001613103-25-000091-index.htm
MDT Profile on Yahoo Finance finance.yahoo.com/quote/MDT
MDT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mdt