Medtronic manufactures and sells device-based medical therapies. Its products include pacemakers, insertable cardiac monitors, implantable defibrillators, leads and delivery systems, ablation products, electrophysiology catheters, coronary and peripheral stents and related delivery systems, therapies for uncontrolled hypertension, endovascular stent graft systems, heart valve replacement technologies, and cardiac tissue ablation systems. The Company also manufactures image-guided surgery and intra-operative imaging systems.
TypePublic
HQMinneapolis, US
Founded1949
Size (employees)86,000 (est)-5%
Websitemedtronic.com
Medtronic was founded in 1949 and is headquartered in Minneapolis, US
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Key People/Management at Medtronic

Omar Ishrak

Omar Ishrak

CEO, Chairman
Karen Parkhill

Karen Parkhill

EVP, CFO
Richard Kuntz

Richard Kuntz

SVP, Chief Medical and Scientific Officer
Carol Surface

Carol Surface

SVP and Chief Human Resources Officer
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Medtronic Office Locations

Medtronic has offices in Astana, Singapore, Dubai, Century City Cape Town and in 83 other locations
Minneapolis, US (HQ)
710 Medtronic Parkway
Doral, US
450 9850 NW 41st St
Doral, US
9850 NW 41st Street, Suite 450
Miami, US
Doral Corporate Centre II, 3750 NW 87th Avenue, Suite 700
Plymouth, US
3800 Annapolis Ln N #175
Portsmouth, US
180 International Dr
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Medtronic Financials and Metrics

Medtronic Revenue

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Medtronic's revenue was reported to be $29.95 b in FY, 2018 which is a 0.8% increase from the previous period.
USD

Revenue (Q1, 2019)

7.4 b

Gross profit (Q1, 2019)

5.2 b

Gross profit margin (Q1, 2019), %

70.2%

Net income (Q1, 2019)

1.1 b

EBIT (Q1, 2019)

1.2 b

Market capitalization (19-Sep-2018)

130.3 b

Closing stock price (19-Sep-2018)

96.5

Cash (27-Jul-2018)

4.4 b

EV

149.6 b
Medtronic's current market capitalization is $130.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

17 b20.3 b28.8 b29.7 b30 b

Revenue growth, %

19%42%3%1%

Cost of goods sold

4.3 b6.3 b9.1 b9.3 b9.1 b

Gross profit

12.7 b14 b19.7 b20.4 b20.9 b
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

7.3 b7.1 b6.9 b7.2 b7.3 b7.3 b7.4 b7.1 b21.8 b7.4 b

Cost of goods sold

2.5 b2.2 b2.1 b2.3 b2.3 b2.3 b2.3 b2.1 b6.7 b2.2 b

Gross profit

4.8 b4.9 b4.8 b4.9 b5 b5 b5 b4.9 b15.1 b5.2 b

Gross profit Margin, %

66%69%69%68%68%69%68%70%69%70%
Annual
USDY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

13.2 m4.8 b186.4 m5 b3.7 b

Accounts Receivable

17.1 m5.6 b6 b

Inventories

1.7 b3.5 b3.5 b3.3 b3.6 b

Current Assets

21.2 b30.8 b23.6 b24.9 b23 b
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

46 k3 b2.4 b2.7 b3.1 b3 b2.8 b4.7 b5.5 b6.4 b4.4 b

Accounts Receivable

(68 m)

Inventories

3.4 b3.5 b3.5 b3.6 b3.7 b3.7 b3.5 b3.8 b3.7 b

Current Assets

46 k29.1 b28.7 b27.6 b23.5 b22.5 b22.4 b24.8 b25.2 b26.6 b22.5 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

3.1 b2.7 b3.5 b4 b3.1 b

Depreciation and Amortization

349 m1.3 b2.8 b2 b2.6 b

Inventories

(39 m)(282 m)(186 m)(227 m)(192 m)

Accounts Payable

Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018Q1, 2019

Net Income

(37.1 m)820 m1.3 b2.4 b929 m2 b2.9 b1 b1.6 b1.1 b

Depreciation and Amortization

701 m1.4 b2.1 b737 m1.5 b2.2 b636 m2 b666 m

Inventories

(207 m)(326 m)(388 m)(101 m)(187 m)(261 m)(318 m)(180 m)

Accounts Payable

1.3 b1.4 b1.4 b13 m85 m
USDY, 2018

EV/EBIT

121 x

EV/CFO

87.9 x

Financial Leverage

1.8 x
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Medtronic Operating Metrics

Medtronic's Patients was reported to be 65 m in FY, 2016.
FY, 2014FY, 2015FY, 2016

Countries

160 160

Patents Issued

27 k53 k45 k

Patients

65 m
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Medtronic Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Visionsense Ltd April 11, 2018$75 m

Medtronic Revenue Breakdown

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Medtronic revenue breakdown by business segment: 7.1% from Diabetes Group, 25.9% from Restorative Therapies Group, 37.9% from Cardiac and Vascular Group and 29.1% from Minimally Invasive Therapies Group

Medtronic revenue breakdown by geographic segment: 46.7% from Rest of World, 53.0% from United States and 0.3% from Other

Human Capital Metrics

Medtronic's employees are reported to be approximately 49% female and 51% male.
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Medtronic Online and Social Media Presence

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Medtronic News and Updates

Spine Surgery 2018 Global Market Key Players - Medtronic, DePuy Synthes, Stryker, Zimmer Biomet, Globus Medical, NuVasive.....

Spine Surgery – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Remote Monitoring Equipment 2018 Global Market Key Players - Nihon Kohden, CAS Medical Systems, Medtronic, Inc., Mindray Medical, Boston Scientific Corporation......

Remote Monitoring Equipment – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Medtronic Announces Clinical Study of Transcatheter Aortic Valve Replacement in Aortic Stenosis Patients with Bicuspid Valves

Medtronic Receives FDA Approval for Revised TAVR Labeling and Begins Investigational Study of Low Risk Patients with Bicuspid Valves

Medtronic Recognized for Its Sustainability Leadership

Company Marks its Eleventh Consecutive Year on the North American Dow Jones Sustainability Index (DJSI)

Global IT Solutions for Integrated Operating Room Market Trends, Applications, Growth, Analysis and Forecast to 2021 - Dräger, Cerner, Maquet, Medtronic, STERIS, Tedisel Medica

Research N Reports has titled a new research report named as IT Solutions for Integrated Operating Room Market to its ever-expanding database. The report elucidates this through a series of channels which include data ranging from elementary information to an irrefutable forecast. It condenses all t…

Global IP Multimedia Subsystems (IMS) Market 2018-2022 with Cadwell Industries, Medtronic, Natus Medical, NIHON KOHDEN & NuVasive Dominating

DUBLIN, Sept. 11, 2018 /PRNewswire/ -- The "Global IP Multimedia Subsystems (IMS) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The Global IP Multimedia Subsystems (IMS) Market to grow at a CAGR of 17.23% during the period 2018-2022. Global IP Multimedia...
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Medtronic Company Life and Culture

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