• Medtronic average ebitda margin for 2024 was 24.55%, a 6.87% increase from 2023.
• Medtronic average ebitda margin for 2023 was 26.36%, a 3.23% decline from 2022.
• Medtronic average ebitda margin for 2022 was 27.24%, a 16.56% decline from 2021.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.