Medtronic plc, headquartered in Dublin, is a listed company in the field of medical technology. The company is known for its pacemakers, implantable cardioverter defibrillators, heart valves, insulin pumps, aortic stent grafts, coronary stents and neurostimulators. Medtronic manufactures more than half of all pacemakers implanted worldwide.
Operating Margin for Medtronic (MDT)
Operating Margin as of June 2025 (TTM): 14.94%
According to Medtronic's latest financial reports and stock price the company's current Operating Margin is 14.94%. At the end of 2024 the company had an Operating Margin of 14.95%.
Operating Margin history for Medtronic from 2001 to 2025
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 14.95% | -12.99% |
| 2023 | 17.18% | -1.34% |
| 2022 | 17.41% | 34.63% |
| 2021 | 12.93% | -7.79% |
| 2020 | 14.02% | -17.54% |
| 2019 | 17.01% | -10.23% |
| 2018 | 18.95% | 22.32% |
| 2017 | 15.49% | 3% |
| 2016 | 15.04% | -12.6% |
| 2015 | 17.21% | -21.03% |
| 2014 | 21.79% | -14.97% |
| 2013 | 25.62% | 0.05% |
| 2012 | 25.61% | 8.4% |
| 2011 | 23.63% | -7.79% |
| 2010 | 25.62% | 53.31% |
| 2009 | 16.71% | -21.7% |
| 2008 | 21.35% | -25.31% |
| 2007 | 28.58% | 2.09% |
| 2006 | 27.99% | 10.64% |
| 2005 | 25.30% | -17.8% |
| 2004 | 30.78% | 0.77% |
| 2003 | 30.54% | 28.47% |
| 2002 | 23.78% | -14.81% |
| 2001 | 27.91% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Boston Scientific BSX | 14.12% | -5.49% | 🇺🇸 USA |
 Stryker Corporation SYK | 14.35% | -3.95% | 🇺🇸 USA |
 Edwards Lifesciences EW | 29.29% | 96.05% | 🇺🇸 USA |
 Johnson & Johnson JNJ | 18.78% | 25.70% | 🇺🇸 USA |
 Abbott Laboratories ABT | 17.36% | 16.20% | 🇺🇸 USA |
 CONMED CNMD | 12.47% | -16.53% | 🇺🇸 USA |
 Baxter BAX | -5.98% | -140.03% | 🇺🇸 USA |
 Owens & Minor
OMI | -3.33% | -122.29% | 🇺🇸 USA |
 Integra LifeSciences IART | -1.13% | -107.56% | 🇺🇸 USA |
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.