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COMPANY BENCHMARKING • UNITED STATES

Medtronic Plc - Company Profile

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Medtronic Plc - Overview

Brands
Covidien, MedPec, MedTech
Description
Medtronic is a public company headquartered in Ireland with an estimated 95,000 employees. In the US, the company has a notable market share in at least two industries: Medical Device Manufacturing, Surgical Instrument Manufacturing and Surgical Instrument Manufacturing. Their largest market share is in the Medical Device Manufacturing industry, where they account for an estimated 40.2% of total industry revenue.
Company Details

Registered Name: Medtronic Plc

Company Type: Operating

Exchange: NYSE

Headquarters: 20 On Hatch, Lower Hatch Street Dublin L2 2

Website: http://www.medtronic.com

Employees: 95000

Medtronic Plc - Operating Industries and Main Competitors

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Medtronic Plc - Products and Services

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Medtronic Plc - Analyst Insights

The Return of Elective Surgeries is Projected to Boost Medtronic Moving Forward

Following many elective surgeries being put off as hospitals across the nation struggled with rising COVID-19 (coronavirus) cases and labor shortages, Medtronic PLC (Medtronic) benefitted in the fourth quarter of 2021, from elective procedures making a recovery as virus cases fell. Moving forward, the company remains optimistic that an elective surgery rebound will continue to occur, despite hospitals being projected to struggle with labor shortages until 2023. To resolve shortages, Medtronic expects hospitals to employ temporary staffing and also use technology such as remote monitoring.

COVID|New Activity|ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Medtronic Plc - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Medtronic Plc's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Medical Device Manufacturing in the US, and Surgical Instrument Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Medtronic Plc - Financial Statements & Ratios

pie_chartMedtronic Plc Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue31,227.031,686.030,117.028,913.030,557.029,953.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartMedtronic Plc Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents1,543.03,714.03,593.04,140.04,393.03,669.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartMedtronic Plc Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net Income3,784.05,062.03,630.04,806.04,650.03,095.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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