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MEDTRONIC INC (MDT)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsApr-25-14Apr-26-13Apr-27-12Apr-29-11Apr-30-10Apr-24-09Apr-25-08Apr-24-07
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Cardiac and Vascular Group  8,847.08,695.08,482.08,119.08,132.0 7,423.07,170.0
    Restorative Therapies Group  6,501.06,369.06,221.07,389.07,260.0 6,092.05,129.0
    Diabetes Group  1,526.01,481.01,481.0     
    Other  131.045.0      
Total revenues  17,005.016,590.016,184.015,508.015,392.014,599.013,515.012,299.0
            Revenue growth   [+]2.5%2.5%4.4%0.8%5.4%8.0%9.9%8.9%
Cost of goods sold  4,333.04,126.03,889.03,700.03,582.03,518.03,446.03,168.0
Gross profit  12,672.012,464.012,295.011,808.011,810.011,081.010,069.09,131.0
            Gross margin  74.5%75.1%76.0%76.1%76.7%75.9%74.5%74.2%
Selling, general and administrative  5,847.05,698.05,623.05,427.05,282.05,152.04,707.04,153.0
Research and development  1,477.01,557.01,490.01,472.01,424.01,355.01,275.01,239.0
EBITDA   [+]4,781.05,393.05,214.05,250.05,386.03,542.03,532.04,000.0
            EBITDA margin  28.1%32.5%32.2%33.9%35.0%24.3%26.1%32.5%
Depreciation  501.0488.0498.0465.0455.0418.0637.0583.0
EBITA  4,280.04,905.04,716.04,785.04,931.03,124.02,895.03,417.0
            EBITA margin  25.2%29.6%29.1%30.9%32.0%21.4%21.4%27.8%
Amortization of intangibles  349.0331.0335.0339.0317.0281.0  
EBIT   [+]3,931.04,574.04,381.04,446.04,614.02,843.02,895.03,417.0
            EBIT margin  23.1%27.6%27.1%28.7%30.0%19.5%21.4%27.8%
Non-recurring items   [+]118.0172.087.0504.0424.0220.0119.028.0
Interest expense, net   [+]108.0151.0149.0278.0246.0183.036.0-154.0
Other income (expense), net         -28.0
Pre-tax income  3,705.04,251.04,145.03,664.03,944.02,440.02,740.03,515.0
Income taxes  640.0784.0730.0609.0861.0370.0602.0713.0
            Tax rate  17.3%18.4%17.6%16.6%21.8%15.2%22.0%20.3%
Earnings from continuing ops  3,065.03,467.03,009.03,014.03,067.02,070.02,138.02,802.0
Earnings from discontinued ops    406.041.016.0   
Net income  3,065.03,467.03,415.03,055.03,083.02,070.02,138.02,802.0
            Net margin  18.0%20.9%21.1%19.7%20.0%14.2%15.8%22.8%
   
Basic EPS   [+]$3.06$3.40$2.86$2.80$2.77$1.85$1.89$2.44
Diluted EPS   [+]$3.02$3.37$2.84$2.79$2.76$1.84$1.87$2.41
   
Dividends per share   [+]$1.12$1.04$0.97$0.90$0.82$0.75$0.50 
   
Shares outstanding (basic)   [+]1,002.11,019.31,053.91,077.41,106.31,121.91,133.01,149.7
Shares outstanding (diluted)   [+]1,013.61,027.51,059.91,081.71,109.41,126.31,143.81,161.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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