greeksoup/ stock research
Stock research / United States / MDT / FY2013

Medtronic (MDT) FY2013 results: revenue $16.6 billion

Medtronic plc (MDT) reported revenue of $16.6 billion for fiscal 2013, the year ended 26 April 2013. Net income was $3.5 billion, and diluted earnings per share $3.37. The figures are the company's own, from the 10-K it filed with the SEC on 23 June 2015.

Revenue
$16.6 billion
FY2013FY2013
Operating margin
26.5%
FY2013FY2013
Net income
$3.5 billion
FY2013FY2013
Diluted EPS
$3.37
FY2013FY2013

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2013Last 8 years
Revenue16,590
Cost of revenue4,126
Gross profit12,464
Gross margin75.1%
Research and development1,557
Selling, general and administrative5,698
Operating income4,402
Operating margin26.5%
Interest expense388
Pre-tax income4,251
Income tax784
Effective tax rate18.4%
Net income3,467
Net margin20.9%
Diluted EPS$3.37
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2013Last 8 years
Operating cash flow4,942
Capital expenditure457
Free cash flow4,485
Free cash flow margin27.0%
Depreciation and amortisation819
Share-based compensation152
Buybacks1,247
Dividends paid1,055
Dividend per share$1.04
Diluted shares, weighted1,028m

Balance sheet

$ millionFY2013Last 8 years
Shareholders' equity18,671
Fixed assets2,490
Goodwill10,329
Cash and equivalents919

10-K for the year ended 26 April 2013, filed 23 June 2015: the filing.