Flagship explainer

What drives Medtronic plc’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity10%Tax burden78%net income ÷ pretax incomeInterest burden95%pretax ÷ operating incomeOperating margin18%operating income ÷ revenueAsset turnover0.39×revenue ÷ average assetsEquity multiplier1.89×average assets ÷ average equityAs of 2026-04-24 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$4.8BFY2026
Income before tax$6.1BFY2026
Operating income$6.5BFY2026
$36.4BFY2026
Ending assets$93.0BFY2026
Beginning assets$91.7BFY2025
$49.5BFY2026
$48.0BFY2025
Source: · event Apr 24, 2026 · retrieved Oct 15, 2026 · annual-row source set
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