Medtronic MDT Operating margin
Operating margin at other companies
Other financials
Where this comes from
Calculated from Medtronic’s reported figures.
Based on trailing twelve months.
The official record: Medtronic’s 10-K, filed June 18, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Medtronic's operating margin?
- Medtronic (MDT) reported operating margin of 17.8% in Q1 2026.
- How has Medtronic's operating margin changed year-over-year?
- Medtronic's operating margin increased by 0.2% year-over-year, from 17.8% to 17.8%.
- What is the long-term trend for Medtronic's operating margin?
- Over 5 years (2021 to 2026), Medtronic's operating margin has grown at a 5.8% compound annual growth rate (CAGR), from 53.4% to 70.6%.
- What does operating margin mean?
- The profit left from core operations for every dollar of sales, before interest and taxes.
- How do you interpret operating margin?
- Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
- How does operating margin compare across companies?
- Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.