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Medtronic Plc - Company Profile

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Medtronic Plc - Overview

Brands
Covidien, MedPec, MedTech
Description
Medtronic Plc is a public company headquartered in Ireland with an estimated 86,000 employees. In the US, the company has a notable market share in at least three industries: Pacemaker Manufacturing, Medical Device Manufacturing and Surgical Instrument Manufacturing. Their largest market share is in the Pacemaker Manufacturing industry, where they account for an estimated 41.0% of total industry revenue and are considered an Incumbent because they display strong market share, but lower profit and revenue growth than some of their peers.
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: 86000

Medtronic Plc - Operating Industries and Main Competitors

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Medtronic Plc - Products and Services

  • Medical Device Manufacturing in the US

  • Of the 6 core revenue-generating products and services in the Medical Device Manufacturing in the US industry, Medtronic Plc offers:
    • Cardiovascular devices
    • Diabetes devices
    • Irradiation devices
    • AAAAA AAAAA
  • Surgical Instrument Manufacturing

  • Of the 5 core revenue-generating products and services in the Surgical Instrument Manufacturing industry, Medtronic Plc offers:
    • Electrosurgery instruments
    • General surgical instruments
    • Instrument servicing
    • AAAAA AAAAA
  • Pacemaker Manufacturing

  • Of the 4 core revenue-generating products and services in the Pacemaker Manufacturing industry, Medtronic Plc offers:
    • Dual chamber pacemakers
    • Single-chamber atrial pacemakers
    • Single-chamber ventricular pacemaker
    • AAAAA AAAAA
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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, Surgical Instrument Manufacturing, and Pacemaker Manufacturing industries.
Strengths
Days Receivables: 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.
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 DATE12/31/202112/31/202012/31/201912/31/201812/31/2017
Revenue30,117.028,913.030,557.029,953.029,710.0
Cost of Revenue00000000000000000000
Cost of Revenue, Non-Cash00000000000000000000
Gross Profit00000000000000000000
AAAAAA AAAAAA00000000000000000000

pie_chartMedtronic Plc Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/2017
Cash and EquivalentsN/AN/AN/AN/AN/A
Short-Term Investments00000000000000000000
Derivative Assets, Current00000000000000000000
Restricted Cash and Investments00000000000000000000
AAAAAA AAAAAA00000000000000000000

pie_chartMedtronic Plc Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/2017
Net Income3,630.04,806.04,650.03,095.04,024.0
Income (Loss) From Discontinued Operations00000000000000000000
Depreciation, Depletion and Amortization00000000000000000000
Amortization of Financing Costs and Discounts00000000000000000000
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  • Products and Services
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