Craft
Medtronic

Medtronic

  • Countries150FY, 2021
  • Revenue$31.7 BFY, 2022
  • Market Capitalization$123.7 B2022-08-01

Medtronic Summary

Overview

Medtronic is a company that develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients. It operates through four segments: Cardiovascular Portfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit. The Cardiovascular Portfolio segment offers implantable cardiac pacemakers, implantable cardioverter defibrillators, atrial fibrillation ablation products, mechanical circulatory support products, products for the repair and replacement of heart valves, perfusion systems, positioning and stabilization systems for beating heart revascularization surgery, surgical ablation products, and a line of products and therapies to treat aortic diseases. The Medical Surgical Portfolio segment provides stapling and energy products, electrosurgical hardware and instruments, products designed for the treatment of hernias, gastrointestinal and endoscopy products, airway, ventilation, and inhalation therapies products, etc. The Neuroscience Portfolio segment offers neurosurgery products, products to treat a variety of conditions affecting the spine, products that facilitate less invasive thoracolumbar surgeries, biologic solutions products, pelvic health and gastric therapies products, ENT products, spinal cord stimulation products, etc. The Diabetes Operating Unit segment offers insulin pumps and consumables, and continuous glucose monitoring systems.
TypePublic
Founded1949
HQDublin, IEMap
Websitemedtronic.com
Employee Ratings
4.1
Overall CultureB+More

Locations

Medtronic is headquartered in
Dublin, Ireland

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Apr 2022)95,000(+6%)
Job Openings3,027
Website Visits (Mar 2022)3 m(+5%)
Revenue (FY, 2022)$31.7 B(+5%)
Share Price (Aug 2022)$93.1
Cybersecurity ratingBMore
Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit.
banner

Key People/Management at Medtronic

Medtronic Office Locations

Medtronic has offices in Dublin, Boulder, Columbia Heights, Doral and in 76 other locations

Medtronic Financials and Metrics

Medtronic Revenue

Medtronic's revenue was reported to be $31.69 b in FY, 2022

USD

Revenue (FY, 2022)$31.69 b
Gross profit (FY, 2022)$22.52 b
Gross profit margin (FY, 2022), %71.1%
Net income (FY, 2022)$5.06 b
EBITDA (FY, 2022) $8.54 b
EBIT (FY, 2022) $6.12 b
Market capitalization (01-Aug-2022)$123.68 b
Closing stock price(01-Aug-2022)$93.08
Cash (29-Apr-2022)$3.71 b
EV $144.08 b

Medtronic's current market capitalization is $123.7 b.

USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Revenue30 b30.6 b28.9 b30.1 b31.7 b
Cost of goods sold(8.2 b)(8.3 b)(8.5 b)(9.6 b)(9.2 b)
Gross profit22.4 b22.3 b20.4 b20.6 b22.5 b
Gross profit Margin, %75%73%71%68%71%
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022
Revenue7.4 b7.5 b7.5 b7.5 b7.7 b7.7 b6.5 b7.6 b7.8 b8 b7.8 b7.8 b
Cost of goods sold(1.5 b)(2.4 b)(1.1 b)(2.1 b)(2.2 b)(2.2 b)(2.3 b)(2.5 b)(2.4 b)(2.4 b)(2.3 b)(1.8 b)
Gross profit5.8 b5 b6.4 b5.4 b5.5 b5.5 b4.3 b5.1 b5.4 b5.6 b5.6 b6 b
Gross profit Margin, %79%67%85%72%72%72%67%66%69%70%71%77%
show all

USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Cash3.7 b4.4 b4.1 b3.6 b3.7 b
Accounts Receivable6 b6.2 b4.6 b5.5 b5.6 b
Prepaid Expenses00000
Inventories3.6 b3.8 b4.2 b4.3 b4.6 b
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022
Cash4.4 b3.9 b3.7 b5.1 b4 b3.7 b6.5 b6.4 b5.1 b3 b2.9 b3.5 b
Accounts Receivable5.7 b5.7 b5.9 b5.9 b6.1 b6.2 b4.9 b5.3 b5.2 b5.4 b5.5 b5.4 b
Prepaid Expenses000000000000
Inventories3.7 b3.8 b3.9 b3.9 b4 b4.1 b4.6 b4.5 b4.5 b4.3 b4.3 b4.5 b
show all

USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Net Income3.1 b4.7 b4.8 b3.6 b5.1 b
Depreciation and Amortization2.6 b2.7 b2.7 b2.7 b2.7 b
Accounts Receivable(275 m)(581 m)1.3 b(761 m)(477 m)
Inventories(192 m)(274 m)(577 m)78 m(560 m)
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022
Net Income1.1 b2.2 b3.5 b877 m2.2 b4.2 b491 m985 m2.3 b769 m2.1 b3.6 b
Depreciation and Amortization666 m1.3 b2 b657 m1.3 b2 b669 m1.3 b2 b671 m1.3 b2 b
Accounts Receivable138 m(37 m)(140 m)319 m39 m(119 m)(142 m)(669 m)(450 m)(40 m)(171 m)(212 m)
Inventories(180 m)(312 m)(367 m)(122 m)(267 m)(346 m)(235 m)(145 m)(75 m)(75 m)(156 m)(359 m)
show all

USD
FY, 2022
EV/EBITDA19.2 x
EV/EBIT26.7 x
EV/CFO22.3 x
Revenue/Employee333.5 k
Debt/Equity0.5 x
Debt/Assets0.3 x
Financial Leverage1.7 x
  • Medtronic Market Cap History

  • Medtronic Stock Price

Revenue Breakdown

Medtronic revenue breakdown by business segment: 7.4% from DIABETES GROUP, 28.8% from MEDICAL SURGICAL, 27.7% from NEUROSCIENCE and 36.1% from CARDIOVASCULAR

Medtronic revenue breakdown by geographic segment: 100.0% from IRELAND

Medtronic Operating Metrics

Medtronic's Floor Space, square feet was reported to be 9.6 m in FY, 2021.

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021
Countries160160160150150150150
Manufacturing Facilities8089
Sales Offices345224189180
Floor Space, square feet9 m9.4 m9.6 m

Medtronic Acquisitions / Subsidiaries

Company NameDateDeal Size
AfferaJanuary 10, 2022$925 m
Intersect ENTAugust 06, 2021$1.1 b
Ai BiomedOctober 29, 2020
Companion MedicalAugust 11, 2020
MedicreaJuly 15, 2020
Digital SurgeryFebruary 13, 2020
StimgenicsJanuary 08, 2020
KlueDecember 17, 2019
AV MedicalOctober 11, 2019$30 m
Titan SpineMay 10, 2019

Human Capital Metrics

Source: www.medtronic.com, www.medtronic.com, www.medtronic.com, europe.medtronic.com

Medtronic Hiring Categories

Medtronic Median Salaries

Source: 9 public H-1B filings from Medtronic

Medtronic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Medtronic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Medtronic Website Traffic

Total Visits per monthSimilarWeb

Medtronic Online and Social Media Presence

Twitter followers

83.11 k Twitter followers

6 Months

Medtronic has 83.11 k Twitter Followers. The number of followers has increased 0.55% month over month and increased 1.08% quarter over quarter.

Medtronic's Trends

Search term - Medtronic

Twitter Engagement Stats for @Medtronic

  • 5.36 k

    Tweets

  • 395

    Following

  • 83.11 k

    Followers

  • 50

    Tweets last 30 days

  • 4.7

    Avg. likes per Tweet

  • 80%

    Tweets with engagement

Medtronic Technology StackBuildWith Logo

  • ads

    45 products used

    • Adify
    • Adobe Audience Manager
    • Adobe Audience Manager Sync
      • AdRoll
      • Advertising.com
      • AOL-Time Warner Online Advertising
      • AppNexus
      • AppNexus Segment Pixel
      • Beeswax
      • Bizo
      • BlueKai
      • BlueKai DMP
      • Burst Media
      • Centro
      • Chango
      • Collective Media
      • ContextWeb
      • DemDex
      • DoubleClick.Net
      • Dstillery
      • ExactTarget
      • Ezakus
      • Facebook Custom Audiences
      • Facebook Exchange FBX
      • Falk Realtime
      • Google Adsense
      • Google AdSense Custom Search Ads
      • Google Adsense for Search
      • Google Remarketing
      • Index Exchange
      • IponWeb BidSwitch
      • LinkedIn Ads
      • Media Innovation Group
      • MLN Advertising
      • Openads/OpenX
      • Pubmatic
      • Resonate Insights
      • Rubicon Project
      • SiteScout
      • SpotXchange
      • The Trade Desk
      • Turn
      • Twitter Ads
      • Uberflip
      • Yahoo Small Business
  • analytics

    60 products used

    • Adblock Analytics
    • Adobe Analytics
    • Adobe CQ Analytics
      • Adobe Dynamic Tag Management
      • Adobe Experience Platform Identity Service
      • Adobe Experience Platform Launch
      • Adobe Launch
      • Adobe Marketing Cloud
      • Adobe Target Standard
      • Adobe Target v2.x
      • Akamai mPulse
      • Bazaarvoice
      • Bizo Insights
      • Bombora
      • BrightFunnel
      • Cardlytics
      • comScore
      • Datalogix
      • Dynatrace
      • Efficient Frontier
      • Eloqua
      • Everest Technologies
      • Facebook Domain Insights
      • Facebook Pixel
      • Facebook Signal
      • ForeSee Results
      • Global Site Tag
      • Google Analytics
      • Google Analytics Classic
      • Google Analytics Ecommerce
      • Google Analytics Enhanced Ecommerce
      • Google Analytics Event Tracking
      • Google Content Experiments
      • Google Conversion Tracking
      • Google Optimize 360
      • Google Universal Analytics
      • Google Website Optimizer
      • Hotjar
      • iPerceptions
      • LeadLander
      • LinkedIn Insights
      • Lotame Crowd Control
      • Marketo
      • Matomo
      • MediaMath
      • New Relic
      • Omniture Adobe Test and Target
      • Omniture SiteCatalyst
      • Optimizely
      • Pardot
      • Rapleaf
      • Salesforce
      • Salesforce Interaction Studio
      • Salesforce Web to Lead
      • Terminus
      • Trackalyzer
      • Twitter Analytics
      • Visual Sciences
      • Visual Website Optimizer
      • Yahoo Web Analytics
  • CDN

    20 products used

    • AJAX Libraries API
    • Akamai
    • Akamai Global Host
      • Amazon S3
      • BootstrapCDN
      • CDN JS
      • Cloudflare
      • Cloudflare JS
      • CloudFront
      • Content Delivery Network
      • Facebook CDN
      • GStatic Google Static Content
      • jQuery CDN
      • jsDelivr
      • Microsoft Ajax Content Delivery Network
      • Microsoft Azure Blob Storage
      • OSS CDN
      • Twitter CDN
      • Yahoo Image CDN
      • Zencoder CDN
  • cdns

    4 products used

    • Akamai Edge
    • Akamai EdgeConnect
    • Amazon CloudFront
    • Amazon S3 CDN
Learn more on BuiltWith

Medtronic Company CultureCultureAndCompensation Logo

  • Overall Culture

    B+

    74/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A-

    77/100

  • Diversity

    B

    70/100

Learn more on Comparably

Medtronic News and Updates

Aug 02, 2022
Global Clinical Alarm Management Market Intelligence Report to 2027 - Featuring Koninklijke Philips, Masimo, Medtronic and Mobile Heartbeat Among Others
_3xOCqDublin, Aug. 02, 2022 (GLOBE NEWSWIRE) -- The "Clinical Alarm Management Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The Global Clinical Alarm Management Market is projected to reach USD 3,268.90 million by 2027 from USD 1,218.76 million in 2021, at a CAGR 17.87% during the forecast period.Market Statistics:
Jul 28, 2022
Global Syringes Market Report to 2027 - Featuring Medtronic, B. Braun Medical and Nipro Among Others
_3xOCqDublin, July 28, 2022 (GLOBE NEWSWIRE) -- The "Global Syringes Market, By Type (General, Specialized {Insulin, Allergy, Tuberculin, Others}, Smart {Auto-Disable, Active Safety, Passive Safety}) By Material, By Usability, By End User, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. The global syringes market is expected to show impressive growth in the next five years owing to the increase in the number of self-administration of vaccines by patients and the rise in the number of diseases requiring injections as a drug delivery method.
Jul 28, 2022
Global Smart Pills Market Report 2022-2027: Featuring Key Players Medtronic, Philips Healthcare, Boston Scientific Corporation & Others
_3xOCqDublin, July 28, 2022 (GLOBE NEWSWIRE) -- The "Global Smart Pills Market Report 2022" report has been added to ResearchAndMarkets.com's offering. The global smart pills market is expected to grow from $4.03 billion in 2021 to $4.48 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The market is expected to grow to $6.83 billion in 2026 at a compound annual growth rate (CAGR) of 11.1%.The smart pills market consists of the sales capsule-sized ingestible medical devices with small embedded electronic products such as sensors, cameras, patches, and trackers. Once swallowed, the smart pill gets activated in the gut and the sensors provide information about the patient's health parameters and the effectiveness of medication leading to more optimized therapies.The main applications of smart pills are capsule endoscopy, patient monitoring, and drug delivery, patient monitoring involves the repeated or continuous observations or measurements of the patient parameters. These pills are used to target the esophagus, stomach, small intestine, and large intestine to treat diseases such as esophageal diseases, colon diseases, small bowel diseases, and others. Smart pills are used by various end-users such as hospitals, diagnostic centers, and research institutes.The growing preference for non-invasive procedures is driving the smart pills market. For instance, smart pills have key applications in diagnostic imaging such as capsule endoscopy. The capsule endoscopy is a diagnostic procedure in which a smart pill (capsule enclosed micro-camera) is swallowed and images of the esophagus, stomach, and small intestine can be taken as the device pass through your gastrointestinal (GI) tract.
Jul 15, 2022
Medtronic expands Health Equity Assistance Program for colon cancer screening with support from Amazon Web Services; Completes first installation of donated GI Genius™ intelligent endoscopy modules
Additional +80 GI Genius™ units to be donated for a total of 133 to 62 facilities that primarily serve communities with low screening rates or where access to the technology is not currently available Grady Memorial Hospital in Atlanta, Georgia is the first site to receive GI Genius...
Jul 12, 2022
Medtronic strategic deal with CathWorks could lead to $585 million buyout
Medtronic on Tuesday said it's signed a strategic partnership with CathWorks, a company that's developed a noninvasive system to evaluate types of coronary artery disease. The deal could eventually lead to Medtronic buying the Israeli business outright, for as much as $585 million.
Jul 12, 2022
Medtronic announces co-promotion agreement with CathWorks, with path toward acquisition Medtronic plc and CathWorks
Medtronic plc (NYSE:MDT), a global leader in healthcare technology, today announced it has entered into a strategic partnership agreement with CathWorks, a privately held company headquartered in Kefar Sava, Israel, which aims to transform how coronary artery disease (CAD) is diagnosed and treated.

You may also be interested in Related companies

logo
PandaMed
Employees
3 
PandaMed (至善医疗, Changzhou Zhishan Medical Technology) is a company engaged in the research and development of non-invasive medical devices.
View company
logo
Pocket Clinic
Employees
3  -25decrease
Pocket Clinic is a company that aims to help diabetic patients.
View company
logo
Varian Medical Systems
HQ
Palo Alto, US
Employees
11000 
Varian Medical Systems is a manufacturer of medical devices and software for treating cancer and other medical conditions.
View company
logo
Orpheus Medical
HQ
Golden, US
Employees
40  5increase
Orpheus Medical is a provider of clinical video and imaging documentation solutions.
View company
When was Medtronic founded?
Medtronic was founded in 1949.
Who are Medtronic key executives?
Medtronic's key executives are Geoffrey S. Martha, Noel Colón and Ivan Fong.
How many employees does Medtronic have?
Medtronic has 95,000 employees.
What is Medtronic revenue?
Latest Medtronic annual revenue is $31.69 b.
What is Medtronic revenue per employee?
Latest Medtronic revenue per employee is $333.54 k.
Who are Medtronic competitors?
Competitors of Medtronic include B. Braun, Otricath and Baxter International.
Where is Medtronic headquarters?
Medtronic headquarters is located at 20 Lower Hatch Street, Dublin.
Where are Medtronic offices?
Medtronic has offices in Dublin, Boulder, Columbia Heights, Doral and 76 other locations
How many offices does Medtronic have?
Medtronic has 82 offices.

Craft real-time company insights

Learn about Craft real-time company insights

Receive alerts for 300+ data fields across thousands of companies

Footer menu