Financial Snapshot

Revenue
$213.0M
TTM
Gross Margin
68.33%
TTM
Net Earnings
$41.32M
TTM
Current Assets
$227.1M
Q3 2024
Current Liabilities
$29.34M
Q3 2024
Current Ratio
774.0%
Q3 2024
Total Assets
$377.0M
Q3 2024
Total Liabilities
$45.95M
Q3 2024
Book Value
$331.1M
Q3 2024
Cash
$21.00M
Q3 2024
P/E
57.12
Nov 29, 2024 EST
Free Cash Flow
$33.49M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $193.5M $161.7M $154.4M $129.4M $117.2M $105.6M $100.9M $89.15M $78.35M $71.10M $64.55M $56.74M $57.69M $56.10M $50.90M $48.70M $41.40M $34.60M $30.70M $26.20M $20.70M
YoY Change 19.69% 4.68% 19.37% 10.35% 11.05% 4.66% 13.14% 13.78% 10.2% 10.14% 13.77% -1.65% 2.83% 10.22% 4.52% 17.63% 19.65% 12.7% 17.18% 26.57%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $193.5M $161.7M $154.4M $129.4M $117.2M $105.6M $100.9M $89.15M $78.35M $71.10M $64.55M $56.74M $57.69M $56.10M $50.90M $48.70M $41.40M $34.60M $30.70M $26.20M $20.70M
Cost Of Revenue $66.44M $56.76M $53.04M $44.75M $37.38M $31.63M $30.17M $26.22M $24.19M $22.67M $19.43M $15.87M $17.46M $14.30M $13.60M $14.80M $10.70M $9.400M $8.900M $7.800M $6.200M
Gross Profit $127.0M $104.9M $101.4M $84.62M $79.85M $73.94M $70.70M $62.94M $54.17M $48.43M $45.12M $40.87M $40.23M $41.70M $37.30M $33.90M $30.70M $25.30M $21.80M $18.40M $14.50M
Gross Profit Margin 65.66% 64.89% 65.65% 65.41% 68.12% 70.04% 70.09% 70.59% 69.13% 68.12% 69.89% 72.03% 69.74% 74.33% 73.28% 69.61% 74.15% 73.12% 71.01% 70.23% 70.05%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Selling, General & Admin $72.89M $61.67M $53.16M $46.20M $49.39M $45.01M $42.96M $40.46M $36.79M $35.98M $34.72M $31.78M $30.60M $29.90M $27.60M $29.80M $29.00M $22.30M $17.40M $14.70M $11.80M
YoY Change 18.19% 16.01% 15.05% -6.46% 9.75% 4.77% 6.18% 9.97% 2.26% 3.62% 9.23% 3.86% 2.35% 8.33% -7.38% 2.76% 30.04% 28.16% 18.37% 24.58%
% of Gross Profit 57.37% 58.79% 52.43% 54.6% 61.86% 60.87% 60.76% 64.29% 67.92% 74.28% 76.96% 77.77% 76.08% 71.7% 73.99% 87.91% 94.46% 88.14% 79.82% 79.89% 81.38%
Research & Development $16.97M $13.29M $11.80M $10.10M $9.276M $8.197M $6.636M $6.141M $5.479M $4.671M $5.243M $5.092M $4.425M $5.500M $5.900M $5.300M $4.600M $3.300M $3.000M $2.100M $2.300M
YoY Change 27.62% 12.65% 16.85% 8.87% 13.16% 23.52% 8.06% 12.08% 17.3% -10.91% 2.97% 15.07% -19.55% -6.78% 11.32% 15.22% 39.39% 10.0% 42.86% -8.7%
% of Gross Profit 13.35% 12.67% 11.64% 11.93% 11.62% 11.09% 9.39% 9.76% 10.12% 9.64% 11.62% 12.46% 11.0% 13.19% 15.82% 15.63% 14.98% 13.04% 13.76% 11.41% 15.86%
Depreciation & Amortization $9.515M $9.433M $11.07M $8.395M $5.416M $4.324M $4.055M $3.591M $3.394M $3.334M $2.793M $2.234M $2.037M $1.380M $1.420M $1.590M $1.390M $1.310M $1.210M $970.0K $600.0K
YoY Change 0.87% -14.79% 31.86% 55.0% 25.25% 6.63% 12.92% 5.8% 1.8% 19.37% 25.02% 9.67% 47.61% -2.82% -10.69% 14.39% 6.11% 8.26% 24.74% 61.67%
% of Gross Profit 7.49% 8.99% 10.92% 9.92% 6.78% 5.85% 5.74% 5.71% 6.27% 6.88% 6.19% 5.47% 5.06% 3.31% 3.81% 4.69% 4.53% 5.18% 5.55% 5.27% 4.14%
Operating Expenses $90.34M $78.07M $64.96M $55.83M $58.67M $45.73M $49.59M $46.60M $42.65M $42.09M $40.60M $36.63M $36.54M $35.40M $33.50M $35.10M $33.60M $25.50M $20.40M $16.80M $14.10M
YoY Change 15.72% 20.18% 16.35% -4.84% 28.3% -7.79% 6.42% 9.25% 1.34% 3.68% 10.84% 0.25% 3.21% 5.67% -4.56% 4.46% 31.76% 25.0% 21.43% 19.15%
Operating Profit $36.71M $26.83M $36.43M $28.79M $21.18M $28.21M $21.10M $16.34M $11.51M $6.340M $4.518M $4.240M $3.690M $6.300M $3.800M -$1.200M -$2.900M -$200.0K $1.400M $1.600M $400.0K
YoY Change 36.84% -26.34% 26.53% 35.9% -24.91% 33.67% 29.18% 41.89% 81.59% 40.33% 6.56% 14.91% -41.43% 65.79% -416.67% -58.62% 1350.0% -114.29% -12.5% 300.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Interest Expense $0.00 $0.00 $2.219M $1.310M $0.00 $2.000K $21.00K $14.00K -$100.0K $5.000K $12.00K $1.000K $100.0K $0.00 $300.0K $300.0K $1.600M $200.0K $200.0K $0.00 $0.00
YoY Change -100.0% 69.39% -100.0% -90.48% 50.0% -114.0% -2100.0% -58.33% 1100.0% -99.0% -100.0% 0.0% -81.25% 700.0% 0.0%
% of Operating Profit 0.0% 0.0% 6.09% 4.55% 0.0% 0.01% 0.1% 0.09% -0.87% 0.08% 0.27% 0.02% 2.71% 0.0% 7.89% 14.29% 0.0% 0.0%
Other Income/Expense, Net -$314.0K -$325.0K -$116.0K -$329.0K
YoY Change -3.38% 180.17% -64.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Pretax Income $39.48M $27.49M $34.29M $27.36M $21.68M $28.44M $21.11M $16.24M $11.42M $6.320M $4.328M $3.918M $3.511M $4.000M $2.200M -$2.800M -$2.700M -$500.0K $600.0K $1.100M -$300.0K
YoY Change 43.6% -19.82% 25.34% 26.19% -23.78% 34.77% 29.95% 42.17% 80.76% 46.03% 10.46% 11.59% -12.23% 81.82% -178.57% 3.7% 440.0% -183.33% -45.45% -466.67%
Income Tax $9.370M $6.854M $7.380M $6.136M $3.745M $5.501M $3.929M $5.652M $3.666M $2.405M $1.126M $1.422M $1.609M -$2.000M $600.0K $500.0K $200.0K $700.0K $500.0K $200.0K -$100.0K
% Of Pretax Income 23.74% 24.93% 21.52% 22.43% 17.27% 19.34% 18.62% 34.8% 32.09% 38.05% 26.02% 36.29% 45.83% -50.0% 27.27% 83.33% 18.18%
Net Earnings $30.11M $20.64M $26.91M $21.22M $17.93M $22.94M $17.18M $10.59M $7.758M $3.915M $3.202M $2.571M $2.143M $6.000M $1.600M -$3.300M -$2.900M -$1.200M $100.0K $900.0K -$200.0K
YoY Change 45.89% -23.31% 26.8% 18.32% -21.83% 33.57% 62.2% 36.5% 98.16% 22.27% 24.54% 19.97% -64.28% 275.0% -148.48% 13.79% 141.67% -1300.0% -88.89% -550.0%
Net Earnings / Revenue 15.56% 12.77% 17.42% 16.4% 15.3% 21.73% 17.03% 11.88% 9.9% 5.51% 4.96% 4.53% 3.72% 10.7% 3.14% -6.78% -7.0% -3.47% 0.33% 3.44% -0.97%
Basic Earnings Per Share $1.36 $0.94 $1.27 $1.05 $0.91 $1.18 $0.91 $0.57 $0.44 $0.24 $0.21 $0.17 $0.14
Diluted Earnings Per Share $1.34 $0.93 $1.25 $1.04 $0.88 $1.13 $0.86 $0.55 $0.42 $0.23 $0.20 $0.16 $0.13 $372.7K $100.6K -$211.5K -$188.3K -$121.2K $11.49K $58.82K -$13.07K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Cash & Short-Term Investments $105.1M $82.69M $69.96M $27.00M $32.70M $48.00M $41.70M $24.30M $27.50M $18.70M $14.70M $16.40M $20.10M $22.60M $24.00M $21.30M $22.60M $30.80M $800.0K $1.000M
YoY Change 27.07% 18.2% 159.11% -17.43% -31.88% 15.11% 71.6% -11.64% 47.06% 27.21% -10.37% -18.41% -11.06% -5.83% 12.68% -5.75% -26.62% 3750.0% -20.0%
Cash & Equivalents $24.27M $19.13M $13.86M $26.80M $11.80M $26.30M $19.10M $24.30M $27.50M $18.70M $14.70M $16.40M $20.10M $22.60M $23.20M $15.90M $6.400M $17.60M $800.0K $700.0K
Short-Term Investments $80.81M $63.56M $56.10M $200.0K $20.90M $21.70M $22.60M $0.00 $800.0K $5.400M $16.20M $13.20M $0.00 $300.0K
Other Short-Term Assets $6.380M $6.731M $4.189M $8.600M $8.200M $4.700M $4.400M $4.600M $3.600M $2.400M $3.200M $2.800M $3.000M $3.400M $1.300M $1.700M $2.600M $1.700M $700.0K $1.100M
YoY Change -5.21% 60.68% -51.29% 4.88% 74.47% 6.82% -4.35% 27.78% 50.0% -25.0% 14.29% -6.67% -11.76% 161.54% -23.53% -34.62% 52.94% 142.86% -36.36%
Inventory $58.08M $50.27M $46.10M $39.20M $34.60M $25.60M $19.20M $17.00M $15.20M $16.70M $13.30M $10.90M $8.000M $8.400M $6.500M $7.000M $9.600M $6.100M $5.100M $3.300M
Prepaid Expenses
Receivables $25.06M $22.04M $19.63M $19.60M $16.60M $15.70M $15.00M $13.20M $12.00M $10.80M $10.60M $9.000M $8.500M $8.500M $7.800M $7.200M $7.000M $5.100M $4.200M $3.500M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K
Total Short-Term Assets $194.6M $161.7M $139.9M $94.30M $92.10M $94.00M $80.30M $59.00M $58.20M $48.60M $41.70M $39.10M $39.70M $42.90M $39.60M $37.10M $41.80M $43.60M $10.80M $9.100M
YoY Change 20.32% 15.62% 48.34% 2.39% -2.02% 17.06% 36.1% 1.37% 19.75% 16.55% 6.65% -1.51% -7.46% 8.33% 6.74% -11.24% -4.13% 303.7% 18.68%
Property, Plant & Equipment $39.78M $33.53M $32.13M $31.10M $30.10M $14.10M $12.40M $8.000M $7.000M $6.900M $5.800M $4.500M $4.700M $3.800M $2.100M $2.300M $2.900M $2.400M $2.700M $2.400M
YoY Change 18.63% 4.37% 3.31% 3.32% 113.48% 13.71% 55.0% 14.29% 1.45% 18.97% 28.89% -4.26% 23.68% 80.95% -8.7% -20.69% 20.83% -11.11% 12.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.743M $2.736M $2.134M $2.600M $1.300M $1.400M $1.600M $1.600M $1.400M $1.600M $1.800M $400.0K $400.0K $1.000M $900.0K $1.100M $1.400M $200.0K $300.0K $600.0K
YoY Change 73.36% 28.21% -17.92% 100.0% -7.14% -12.5% 0.0% 14.29% -12.5% -11.11% 350.0% 0.0% -60.0% 11.11% -18.18% -21.43% 600.0% -33.33% -50.0%
Total Long-Term Assets $152.2M $148.7M $152.9M $158.5M $96.20M $59.10M $46.00M $42.90M $32.50M $32.90M $28.80M $24.00M $20.00M $20.40M $17.30M $17.30M $19.10M $13.40M $14.30M $11.40M
YoY Change 2.31% -2.73% -3.52% 64.76% 62.77% 28.48% 7.23% 32.0% -1.22% 14.24% 20.0% 20.0% -1.96% 17.92% 0.0% -9.42% 42.54% -6.29% 25.44%
Total Assets $346.8M $310.5M $292.8M $252.8M $188.3M $153.1M $126.3M $101.9M $90.70M $81.50M $70.50M $63.10M $59.70M $63.30M $56.90M $54.40M $60.90M $57.00M $25.10M $20.50M
YoY Change
Accounts Payable $3.734M $2.903M $2.340M $2.400M $2.600M $1.700M $1.500M $1.200M $1.400M $1.100M $1.200M $1.100M $1.000M $1.300M $1.100M $600.0K $2.300M $800.0K $300.0K $500.0K
YoY Change 28.63% 24.06% -2.5% -7.69% 52.94% 13.33% 25.0% -14.29% 27.27% -8.33% 9.09% 10.0% -23.08% 18.18% 83.33% -73.91% 187.5% 166.67% -40.0%
Accrued Expenses $25.73M $21.40M $17.65M $17.10M $14.80M $12.40M $9.100M $8.500M $8.400M $7.000M $7.100M $5.800M $5.000M $7.800M $5.400M $5.500M $6.700M $3.700M $3.300M $2.600M
YoY Change 20.22% 21.26% 3.22% 15.54% 19.35% 36.26% 7.06% 1.19% 20.0% -1.41% 22.41% 16.0% -35.9% 44.44% -1.82% -17.91% 81.08% 12.12% 26.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $0.00 $700.0K $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $0.00 $2.500M $0.00 $500.0K $500.0K
YoY Change -100.0% -100.0% 0.0%
Total Short-Term Liabilities $29.88M $25.33M $21.81M $25.10M $20.90M $19.80M $13.20M $10.50M $10.40M $10.00M $10.20M $8.400M $6.500M $10.40M $6.500M $6.900M $10.00M $5.400M $5.100M $3.800M
YoY Change 17.96% 16.12% -13.1% 20.1% 5.56% 50.0% 25.71% 0.96% 4.0% -1.96% 21.43% 29.23% -37.5% 60.0% -5.8% -31.0% 85.19% 5.88% 34.21%
Long-Term Debt $0.00 $0.00 $0.00 $35.50M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $200.0K $100.0K $0.00 $0.00 $700.0K $1.100M
YoY Change -100.0% -100.0% 100.0% -100.0% -36.36%
Other Long-Term Liabilities $18.89M $16.88M $16.77M $19.40M $18.20M $2.600M $1.200M $2.000M $800.0K $300.0K $200.0K $100.0K $100.0K $100.0K $400.0K $400.0K $1.200M $100.0K $200.0K $300.0K
YoY Change 11.94% 0.65% -13.57% 6.59% 600.0% 116.67% -40.0% 150.0% 166.67% 50.0% 100.0% 0.0% 0.0% -75.0% 0.0% -66.67% 1100.0% -50.0% -33.33%
Total Long-Term Liabilities $18.89M $16.88M $16.77M $54.90M $18.20M $2.600M $1.200M $2.000M $800.0K $300.0K $200.0K $100.0K $100.0K $100.0K $600.0K $500.0K $1.200M $100.0K $900.0K $1.400M
YoY Change 11.94% 0.65% -69.46% 201.65% 600.0% 116.67% -40.0% 150.0% 166.67% 50.0% 100.0% 0.0% 0.0% -83.33% 20.0% -58.33% 1100.0% -88.89% -35.71%
Total Liabilities $48.88M $42.28M $38.65M $80.20M $40.20M $22.90M $16.60M $14.40M $12.80M $13.30M $13.90M $10.20M $7.600M $10.90M $8.700M $8.700M $12.30M $6.300M $6.500M $5.700M
YoY Change 15.62% 9.38% -51.81% 99.5% 75.55% 37.95% 15.28% 12.5% -3.76% -4.32% 36.27% 34.21% -30.28% 25.29% 0.0% -29.27% 95.24% -3.08% 14.04%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.3601 Billion

About LEMAITRE VASCULAR INC

LeMaitre Vascular, Inc. engages in the provision of medical devices and human tissue cryopreservation services. The company is headquartered in Burlington, Massachusetts and currently employs 614 full-time employees. The company went IPO on 2006-10-19. The firm develops, manufactures, and markets disposable and implantable vascular devices to address the needs of its core customer, the vascular surgeon. Its portfolio of product lines is primarily used to treat vascular disease, of which most are used in open vascular surgery and dialysis access. The company also offers human vascular and cardiac tissue cryopreservation services. Its principal product lines include anastomotic clips, biologic vascular and dialysis grafts, biologic vascular and cardiac patches, carotid shunts, embolectomy catheters, occlusion catheters, radiopaque marking tape, synthetic vascular and dialysis grafts, and valvulotomes. The Company’s principal biologic offerings include vascular and cardiac patches as well as vascular and dialysis grafts. The firm sells its products and services primarily through a direct sales force.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES Alphatec Holdings, Inc. Butterfly Network, Inc. Cryoport, Inc. Paragon 28, Inc. Varex Imaging Corp TREACE MEDICAL CONCEPTS, INC. TransMedics Group, Inc.