Common questions

How much money does Medtronic make?

How much money does Medtronic make?

Medtronic (MDT) is a medical device company that generates more than $28 billion in revenues from four business segments: cardiac and vascular, minimally invasive therapies, restorative therapies, and diabetes.

How many Medtronic employees are there in the US?

Medtronic Inc. is a U.S.-Irish medical technology company. Medtronic has one of its headquarters in Minneapolis, Minnesota. In 2006, the company’s number of employees was 35,733….Medtronic’s number of employees from 2006 to 2020*

Characteristic Number of employees

Who owns Medtronic Inc?


Key people Omar Ishrak (Chairman) Geoff Martha (CEO) Karen L. Parkhill (CFO)
Products Medical devices
Revenue US$30.117 Billion (Fiscal Year Ended April 30, 2021)
Operating income US$4.484 Billion (Fiscal Year Ended April 30, 2021)
Net income US$3.630 Billion (Fiscal Year Ended April 30, 2021)

How many lives does Medtronic improve each second?

From humble beginnings to improving the lives of two people every second.

Is Medtronic a good company?

Medtronic is no stranger when it comes to topping the Best Places to Work charts. MedReps’ community of medical sales talent continues naming Medtronic a winner due to their positive culture and powerful ability to impact the world around it.

Is Medtronic a good company to work for?

Why did Medtronic move to Ireland?

Medtronic moved its corporate headquarters to Ireland in 2015 in after acquiring rival Covidien in a $50 billion corporate inversion – a controversial practice that saw companies move from the United States to reduce their tax bills.

Is Medtronic a foreign stock?

Medtronic plc will be a foreign corporation for U.S. tax purposes.

Does Medtronic manufacture their products?

Made in China and Malaysia The overwhelming majority of Medtronic’s products are manufactured in the United States or its trading partners, such as Mexico or Ireland, ” she said in an e-mail to the newspaper.

Is Medtronic the largest medical device company?

Medtronic once again tops the list as the largest medical device company in the world. With a workforce of over 90,000, operating in 150 countries, Medtronic is at the forefront of medical technology.

How many distribution sites does Medtronic?

Engineering the extraordinary in over 150 countries around the world and more than 350 locations.

How much money does Medtronic make a year?

Medtronic’s total revenues grew from $28.8 billion in fiscal 2016 to $30.6 billion in fiscal 2019. This represents an average annual growth rate of 2.0%. We forecast the revenues to be around $33.6 billion by fiscal 2021, reflecting an average annual growth rate of 4.8%.

Where can I get a copy of Medtronic’s annual report?

Requests for original copies of Medtronic’s Annual Report and Proxy Statement can be made by contacting Medtronic Investor Relations at [email protected] by telephone at 763-505-2692. You may visit Medtronic’s home page at

When is the Medtronic annual meeting of shareholders?

Annual Meeting & Reports 2020 Annual Meeting The board of Directors of Medtronic plc (NYSE: MDT) announced the company’s annual meeting of shareholders will be held virtually this year on: Friday, December 11, 2020 at 9:00am US Central Time (3:00pm Irish Time)

What was Medtronic free cash flow for fiscal year 2020?

Fiscal year 2020 cash flow from operations was $7.234 billion. Fiscal year 2020 free cash flow was $6.021 billion, an increase of 3 percent versus the prior year and a free cash flow conversion from non-GAAP net earnings of 97 percent. Medtronic is in a strong financial position with ample liquidity.

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