Covidien (FRA:6COP) Net Margin % : 19.02% (As of Dec. 2014)

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What is Covidien Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Covidien's Net Income for the three months ended in Dec. 2014 was €414 Mil. Covidien's Revenue for the three months ended in Dec. 2014 was €2,178 Mil. Therefore, Covidien's net margin for the quarter that ended in Dec. 2014 was 19.02%.

The historical rank and industry rank for Covidien's Net Margin % or its related term are showing as below:

FRA:6COP' s Net Margin % Range Over the Past 10 Years
Min: -3.26 Med: 15.35 Max: 19.34
Current: 16.58

FRA:6COP's Net Margin % is not ranked
in the Medical Devices & Instruments industry.
Industry Median: -0.49 vs FRA:6COP: 16.58

Covidien Net Margin % Historical Data

The historical data trend for Covidien's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Covidien Net Margin % Chart

Covidien Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Net Margin %

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15.65

16.14

19.34

16.61

15.59

Covidien Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Net Margin %	Get a 7-Day Free Trial															15.08	16.97	11.38	18.91	19.02

Competitive Comparison of Covidien's Net Margin %

For the Medical Instruments & Supplies subindustry, Covidien's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Covidien's Net Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Covidien's Net Margin % distribution charts can be found below:

* The bar in red indicates where Covidien's Net Margin % falls into.

Covidien Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Covidien's Net Margin for the fiscal year that ended in Sep. 2014 is calculated as

Net Margin	=	Net Income (A: Sep. 2014 )	/	Revenue (A: Sep. 2014 )
	=	1289.712	/	8271.384
	=	15.59 %

Covidien's Net Margin for the quarter that ended in Dec. 2014 is calculated as

Net Margin	=	Net Income (Q: Dec. 2014 )	/	Revenue (Q: Dec. 2014 )
	=	414.421	/	2178.346
	=	19.02 %

Covidien (FRA:6COP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Covidien Net Margin % Related Terms

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Covidien (FRA:6COP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Covidien PLC (FRA:6COP) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.covidien.com

Covidien PLC formerly known as Covidien Ltd. was incorporated in Bermuda in 2000 as a wholly-owned subsidiary of Tyco International Ltd. In June 2009, Covidien plc announced that one of its subsidiaries has completed the acquisition of VNUS Medical Technologies, Inc. In September 2009, the Company completed the acquisition of Power Medical Interventions Inc. In November 2009, the Company completed the acquisition of Aspect Medical Systems Inc. The Company is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. Its products are found in almost every hospital in the United States. Its mission is to create and deliver innovative healthcare solutions, developed in ethical collaboration with medical professionals. It operates through two segments: Medical Devices and Medical Supplies. The Medical Devices segment includes the development, manufacture and sale of endomechanical instruments, energy devices, soft tissue repair products, vascular products, oximetry and monitoring products, airway and ventilation products, and other medical products. The Medical Supplies segment includes the development, manufacture and sale of nursing care products, medical surgical products, SharpSafety products and original equipment manufacturer products. Competitors of Medical Devices segment include diversified healthcare companies, such as Johnson & Johnson, Boston Scientific, Baxter and C.R. Bard. Its Nursing Care products include: Curity and Kerlix and Medical Surgical products include: Medi-Trace. The Company holds more than 13,000 patents and have over 10,500 patent applications pending in the United States and in certain other countries that relate to aspects of the technology used in many of its products. The Company is subject to numerous federal, state and local environmental protection and health and safety laws and regulations both within and outside the United States.

Covidien (FRA:6COP) Headlines

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