Medtronic MDT Revenue Breakdown

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Annual revenue breakdowns for Medtronic plc, fiscal 2013 to 2018, as reported in its filings.
Annual history

Medtronic plc Revenue by Segment

Years FY 2013–2016
Lines 4
FY 2016 Total $28.83B

Cardiac & Vascular Group was the largest of Medtronic plc’s 4 reported lines in fiscal 2016, at $10.20B — 35% of $28.83B.

Medtronic plc revenue by segment, fiscal 2013 to 2016
Segment FY 2013 FY 2014 FY 2015 FY 2016
Cardiac & Vascular Group $8.70B $8.85B $9.36B $10.20B
Restorative Therapies Group $6.37B $6.50B $6.75B $7.21B
Minimally Invasive Therapies Group $2.39B $9.56B
Diabetes Group $1.53B $1.66B $1.76B $1.86B
Total $16.59B $17.01B $20.26B $28.83B

Medtronic plc revenue by segment: what the figures show

In fiscal 2016, which ended April 29, 2016, the 4 segments Medtronic plc reported in this breakdown added up to $28.83B. That was up 42.3% from $20.26B in fiscal 2015. Cardiac & Vascular Group was the largest segment, at $10.20B or 35.4% of the total, followed by Minimally Invasive Therapies Group ($9.56B, 33.2%) and Restorative Therapies Group ($7.21B, 25.0%). Together, the two largest segments made up 68.5% of this total.

Compared with fiscal 2015, Minimally Invasive Therapies Group grew the fastest, rising 300.6% to $9.56B. Every sizeable segment reported in both years grew.

Minimally Invasive Therapies Group was first reported as a separate segment in fiscal 2015. This breakdown covers every fiscal year from 2013 to 2016, as reported in Medtronic plc's annual filings.

Annual history

Medtronic plc Revenue by Geography

Years FY 2013–2018
Lines 3
FY 2018 Total $29.95B

U.S. Pension Benefits was the largest of Medtronic plc’s 3 reported lines in fiscal 2018, at $15.88B — 53% of $29.95B.

Medtronic plc revenue by geography, fiscal 2013 to 2018
Geography FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
U.S. Pension Benefits $16.42B $16.66B $15.88B
Rest Of World $12.33B $12.98B $13.99B
Ireland $79.00M $69.00M $85.00M
Total $20.26B $28.83B $29.71B $29.95B
Totals include 4 discontinued lines from earlier reporting.

Medtronic plc revenue by geography: what the figures show

In fiscal 2018, which ended April 27, 2018, the 3 regions Medtronic plc reported in this breakdown added up to $29.95B. That was up 0.8% from $29.71B in fiscal 2017. U.S. Pension Benefits was the largest region, at $15.88B or 53.0% of the total, followed by Rest Of World ($13.99B, 46.7%) and Ireland ($85.00M, 0.3%). Together, the two largest regions made up 99.7% of this total.

Compared with fiscal 2017, Rest Of World grew the fastest, rising 7.8% to $13.99B. U.S. Pension Benefits fell the most, down 4.7% to $15.88B.

U.S. Pension Benefits (fiscal 2016), Rest Of World (fiscal 2016) and Ireland (fiscal 2016) were first reported as separate regions during this period. The table also keeps 4 regions that Medtronic plc no longer reports, so earlier years can still be read on their original basis; use "Show 4 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2013 to 2018, as reported in Medtronic plc's annual filings.

Questions

Medtronic plc Revenue Breakdown FAQ

How does Medtronic plc make money?

Medtronic plc (MDT) breaks its revenue down by segment and region. In fiscal 2016, its largest segment was Cardiac & Vascular Group, with $10.20B or 35.4% of the total, followed by Minimally Invasive Therapies Group at $9.56B (33.2%).

What is Medtronic plc's largest segment?

Cardiac & Vascular Group was Medtronic plc's largest segment in fiscal 2016, with $10.20B in revenue, 35.4% of the $28.83B reported across its 4 segments.

What is Medtronic plc's largest region?

U.S. Pension Benefits was Medtronic plc's largest region in fiscal 2018, with $15.88B in revenue, 53.0% of the $29.95B reported across its 3 regions.

Which Medtronic plc segment is growing the fastest?

Of the Medtronic plc segments reported in both fiscal 2015 and fiscal 2016, and making up at least 2% of the total, Minimally Invasive Therapies Group grew the fastest, rising 300.6% from $2.39B to $9.56B.

Where does this revenue breakdown data come from?

Every figure is taken from Medtronic plc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Medtronic plc's revenue breakdown go?

The breakdown by segment covers fiscal 2013 to 2016. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.