Financial Snapshot

Revenue
$1.123B
TTM
Gross Margin
65.53%
TTM
Net Earnings
$78.30M
TTM
Current Assets
$761.0M
Q3 2024
Current Liabilities
$374.0M
Q3 2024
Current Ratio
203.48%
Q3 2024
Total Assets
$1.285B
Q3 2024
Total Liabilities
$2.024B
Q3 2024
Book Value
-$738.3M
Q3 2024
Cash
$267.5M
Q3 2024
P/E
15.11
Dec 02, 2024 EST
Free Cash Flow
$19.90M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $1.123B $1.121B $1.130B $1.165B $1.086B $1.109B
YoY Change 0.21% -0.77% -3.05% 7.27% -2.07%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $1.123B $1.121B $1.130B $1.165B $1.086B $1.109B
Cost Of Revenue $387.9M $370.9M $354.6M $365.0M $323.0M $323.0M
Gross Profit $735.2M $749.9M $774.9M $800.0M $763.0M $786.0M
Gross Profit Margin 65.46% 66.91% 68.61% 68.67% 70.26% 70.87%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $253.9M $341.3M $294.8M $240.0M $215.0M $222.0M
YoY Change -25.61% 15.77% 22.83% 11.63% -3.15%
% of Gross Profit 34.53% 45.51% 38.04% 30.0% 28.18% 28.24%
Research & Development $78.30M $85.20M $66.90M $63.00M $61.00M $62.00M
YoY Change -8.1% 27.35% 6.19% 3.28% -1.61%
% of Gross Profit 10.65% 11.36% 8.63% 7.88% 7.99% 7.89%
Depreciation & Amortization $36.20M $32.60M $31.70M $38.00M $38.00M $36.00M
YoY Change 11.04% 2.84% -16.58% 0.0% 5.56%
% of Gross Profit 4.92% 4.35% 4.09% 4.75% 4.98% 4.58%
Operating Expenses $448.0M $528.4M $465.3M $308.0M $276.0M $284.0M
YoY Change -15.22% 13.56% 51.07% 11.59% -2.82%
Operating Profit $287.2M $221.5M $309.6M $492.0M $487.0M $502.0M
YoY Change 29.66% -28.46% -37.07% 1.03% -2.99%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense -$112.3M -$107.0M -$46.20M $0.00 $0.00
YoY Change 4.95% 131.6%
% of Operating Profit -39.1% -48.31% -14.92% 0.0% 0.0%
Other Income/Expense, Net -$10.30M -$8.800M -$6.800M $3.000M -$1.000M -$2.000M
YoY Change 17.05% 29.41% -326.67% -400.0% -50.0%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income $44.20M $105.7M $256.6M $495.0M $486.0M $500.0M
YoY Change -58.18% -58.81% -48.16% 1.85% -2.8%
Income Tax -$34.10M $35.30M $33.00M $80.00M $58.00M $68.00M
% Of Pretax Income -77.15% 33.4% 12.86% 16.16% 11.93% 13.6%
Net Earnings $78.30M $70.40M $223.6M $415.0M $428.0M $432.0M
YoY Change 11.22% -68.52% -46.12% -3.04% -0.93%
Net Earnings / Revenue 6.97% 6.28% 19.8% 35.62% 39.41% 38.95%
Basic Earnings Per Share $1.36 $1.23 $3.92 $7.28 $7.50
Diluted Earnings Per Share $1.34 $1.22 $3.89 $7.173M $7.397M $7.467M

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $267.5M $326.5M $330.9M
YoY Change -18.07% -1.33%
Cash & Equivalents $267.5M $326.5M $330.9M
Short-Term Investments
Other Short-Term Assets $75.20M $110.2M $188.8M $23.00M $13.00M $29.00M
YoY Change -31.76% -41.63% 720.87% 76.92% -55.17%
Inventory $171.5M $152.1M $122.8M $118.0M $102.0M $101.0M
Prepaid Expenses
Receivables $193.0M $17.90M $22.20M $151.0M $120.0M $118.0M
Other Receivables $53.80M $142.4M $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $761.0M $749.1M $664.7M $292.0M $235.0M $248.0M
YoY Change 1.59% 12.7% 127.64% 24.26% -5.24%
Property, Plant & Equipment $290.4M $323.2M $307.9M $455.0M $467.0M $457.0M
YoY Change -10.15% 4.97% -32.33% -2.57% 2.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $210.2M $117.4M $89.20M $7.000M $6.000M $8.000M
YoY Change 79.05% 31.61% 1174.29% 16.67% -25.0%
Total Long-Term Assets $524.3M $465.3M $421.7M $496.0M $503.0M $497.0M
YoY Change 12.68% 10.34% -14.98% -1.39% 1.21%
Total Assets $1.285B $1.214B $1.086B $788.0M $738.0M $745.0M
YoY Change
Accounts Payable $91.00M $53.50M $41.40M $54.00M $50.00M $47.00M
YoY Change 70.09% 29.23% -23.33% 8.0% 6.38%
Accrued Expenses $200.9M $180.2M $152.8M $110.0M $87.00M $79.00M
YoY Change 11.49% 17.93% 38.91% 26.44% 10.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.90M $13.10M $13.10M
YoY Change -1.53% 0.0%
Total Short-Term Liabilities $374.0M $353.5M $301.0M $164.0M $137.0M $126.0M
YoY Change 5.8% 17.44% 83.54% 19.71% 8.73%
Long-Term Debt $1.596B $1.625B $1.631B $0.00 $0.00 $0.00
YoY Change -1.84% -0.33%
Other Long-Term Liabilities $57.20M $4.300M $3.000M $4.000M
YoY Change 1230.23% 43.33% -25.0%
Total Long-Term Liabilities $1.596B $1.683B $1.635B $3.000M $4.000M $0.00
YoY Change -5.18% 2.91% 54400.0% -25.0%
Total Liabilities $2.024B $2.036B $1.978B $194.0M $166.0M $168.0M
YoY Change -0.61% 2.95% 919.48% 16.87% -1.19%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 57.68M shares 57.25M shares 57.02M shares 57.01M shares 57.01M shares
Diluted Shares Outstanding 58.33M shares 57.76M shares 57.46M shares 57.01M shares 57.01M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $1.1829 Billion

About Embecta Corp.

Embecta Corp. engages in the provision of medical devices used in the treatment of diabetes. The company is headquartered in Parsippany, New Jersey and currently employs 2,200 full-time employees. The company went IPO on 2022-03-21. The company is focused on providing solutions to people living with diabetes. The company has a portfolio of products, including a range of pen needles, syringes and safety injection devices, which are complemented by its digital application designed to assist people with managing their diabetes. Its pen needles are sterile, designed to be used in conjunction with pen injectors that inject insulin or other diabetes medications. The company sells safety pen needles, which have shields on both ends of the cannula that automatically deploy after the injection to help prevent needlestick exposure and injury during injection and disposal. In addition to pen needles, it sells sterile, single-use insulin syringes, which are used to inject insulin drawn from insulin vials. The company has clearance from the FDA for its proprietary disposable insulin delivery system, which is indicated for adults who require insulin to manage diabetes, including both type 1 (T1D) and type 2 (T2D).

Industry: Surgical & Medical Instruments & Apparatus Peers: AVANOS MEDICAL, INC. FIGS, Inc. HAEMONETICS CORP ICU MEDICAL INC/DE MERIDIAN BIOSCIENCE INC MERIT MEDICAL SYSTEMS INC NEOGEN CORP Silk Road Medical Inc STAAR SURGICAL CO