Cardiac & Vascular Group was Medtronic’s largest segment in fiscal 2016, bringing in $10.20B of $28.83B (35%).
| 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 brought in $28.83B from its four segments in fiscal 2016, the year ended April 29, 2016. That was up 42.3% from $20.26B in fiscal 2015. Cardiac & Vascular Group was the largest at $10.20B (35.4%), ahead of Minimally Invasive Therapies Group at $9.56B (33.2%) and Restorative Therapies Group at $7.21B (25.0%). The remaining segment, Diabetes Group, brought in $1.86B.
Compared with fiscal 2015, Minimally Invasive Therapies Group grew fastest, up 300.6% to $9.56B. Every segment above 2% of revenue grew.
Medtronic began breaking out Minimally Invasive Therapies Group in fiscal 2015, when it brought in $2.39B.
U.S. Pension Benefits was Medtronic’s largest region in fiscal 2018, bringing in $15.88B of $29.95B (53%).
| 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 | ||
| Americas | $12.13B | — | — | — | ||
| Emea | $5.06B | — | — | — | ||
| Asia Pacific | $2.06B | — | — | — | ||
| Greater China | $1.01B | — | — | — | ||
| Ireland | — | $79.00M | $69.00M | $85.00M | ||
| Total | $20.26B | $28.83B | $29.71B | $29.95B |
Medtronic brought in $29.95B from its three regions in fiscal 2018, the year ended April 27, 2018. That was up 0.8% from $29.71B in fiscal 2017. U.S. Pension Benefits was the largest at $15.88B (53.0%), ahead of Rest Of World at $13.99B (46.7%) and Ireland at $85.00M (0.3%).
Compared with fiscal 2017, Rest Of World grew 7.8% to $13.99B, while U.S. Pension Benefits fell 4.7% to $15.88B.
Medtronic began breaking out U.S. Pension Benefits in fiscal 2016, Rest Of World in fiscal 2016 and Ireland in fiscal 2016. Medtronic stopped reporting Americas ($12.13B in fiscal 2015), Emea ($5.06B in fiscal 2015), Asia Pacific ($2.06B in fiscal 2015) and one other as separate regions.
Medtronic (MDT) reports its revenue by segment and by geography. In fiscal 2016, Cardiac & Vascular Group was its largest segment, bringing in $10.20B (35.4% of the total), followed by Minimally Invasive Therapies Group at $9.56B (33.2%).
Cardiac & Vascular Group was Medtronic's largest segment in fiscal 2016, bringing in $10.20B, or 35.4% of the $28.83B total across its four segments.
U.S. Pension Benefits was Medtronic's largest region in fiscal 2018, bringing in $15.88B, or 53.0% of the $29.95B total across its three regions.
Among Medtronic's segments that make up at least 2% of revenue, Minimally Invasive Therapies Group grew fastest in fiscal 2016, up 300.6% from $2.39B to $9.56B.
Every figure comes from Medtronic's annual financial filings, as reported. Each line keeps the name Medtronic gives it, and years follow its fiscal calendar.
Medtronic's revenue by segment goes back to fiscal 2013, with figures through fiscal 2016. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.