Medtronic (MDT) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 65.4%
EBITDA Margin: 26.4%
Op. Margin: 19.1%
Net Margin: 12.7%

Op. margin of 19.1% is up 3.0% YoY — cost efficiency is improving. Net margin at 12.7% and gross margin of 65.4% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit