Financial Snapshot

Revenue
$2.043B
TTM
Gross Margin
50.1%
TTM
Net Earnings
$78.60M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
200.74%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.463B
Q3 2024
Cash
Q3 2024
P/E
117.0
Nov 29, 2024 EST
Free Cash Flow
$160.2M
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 1999 1998 1997
Revenue $2.048B $1.239B $1.144B $1.144B $937.8M $858.3M $790.2M $712.9M $586.6M $586.6M $547.2M $493.2M $439.0M $405.4M $349.1M $307.1M $256.3M $224.3M $107.9M $69.40M $6.700M $1.700M $900.0K
YoY Change 65.28% 8.34% 0.0% 21.95% 9.27% 8.61% 10.85% 21.52% 0.01% 7.19% 10.95% 12.36% 8.29% 16.13% 13.68% 19.82% 14.27% 107.88% 55.48% 294.12% 88.89%

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 1999 1998 1997
Revenue $2.048B $1.239B $1.144B $1.144B $937.8M $858.3M $790.2M $712.9M $586.6M $586.6M $547.2M $493.2M $439.0M $405.4M $349.1M $307.1M $256.3M $224.3M $107.9M $69.40M $6.700M $1.700M $900.0K
Cost Of Revenue $1.045B $430.8M $400.7M $400.7M $308.7M $283.4M $268.2M $234.6M $195.9M $195.9M $188.4M $167.0M $144.9M $119.8M $100.3M $89.50M $73.60M $61.60M $42.70M $29.40M $6.400M $3.000M $2.200M
Gross Profit $1.004B $808.3M $743.1M $743.1M $629.2M $574.9M $522.0M $478.3M $390.8M $390.8M $358.8M $326.3M $294.1M $285.6M $248.8M $217.6M $182.7M $162.7M $65.20M $40.00M $300.0K -$1.300M -$1.200M
Gross Profit Margin 49.0% 65.23% 64.97% 64.97% 67.09% 66.98% 66.06% 67.1% 66.61% 66.62% 65.57% 66.15% 67.0% 70.45% 71.27% 70.86% 71.28% 72.54% 60.43% 57.64% 4.48% -76.47% -133.33%

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 1999 1998 1997
Selling, General & Admin $664.0M $395.3M $369.1M $369.1M $314.7M $285.4M $273.0M $254.7M $241.0M $241.0M $215.5M $193.9M $169.2M $159.4M $134.6M $120.1M $91.20M $91.40M $42.80M $30.10M $7.800M $3.900M $2.600M
YoY Change 67.98% 7.11% -0.01% 17.3% 10.25% 4.54% 7.19% 5.68% 0.01% 11.85% 11.1% 14.62% 6.15% 18.42% 12.07% 31.69% -0.22% 113.55% 42.19% 100.0% 50.0%
% of Gross Profit 66.17% 48.9% 49.67% 49.67% 50.01% 49.65% 52.3% 53.25% 61.68% 61.67% 60.05% 59.45% 57.53% 55.81% 54.1% 55.19% 49.92% 56.18% 65.64% 75.25% 2600.0%
Research & Development $175.2M $137.2M $118.7M $118.7M $93.30M $81.01M $65.23M $57.69M $56.58M $56.60M $55.63M $47.08M $38.41M $36.00M $31.70M $25.50M $23.00M $24.90M $8.500M $6.000M $6.000M $3.100M $3.100M
YoY Change 27.67% 15.65% -0.03% 27.23% 15.17% 24.18% 13.08% 1.95% -0.03% 1.74% 18.17% 22.56% 6.7% 13.56% 24.31% 10.87% -7.63% 192.94% 41.67% 93.55% 0.0%
% of Gross Profit 17.46% 16.98% 15.97% 15.97% 14.83% 14.09% 12.5% 12.06% 14.48% 14.48% 15.5% 14.43% 13.06% 12.61% 12.74% 11.72% 12.59% 15.3% 13.04% 15.0% 2000.0%
Depreciation & Amortization $98.30M $35.62M $29.30M $29.30M $23.49M $21.13M $20.06M $16.82M $12.82M $12.80M $11.42M $9.369M $7.342M $6.600M $6.000M $5.700M $5.300M $3.700M $3.000M $2.300M $1.600M $500.0K $400.0K
YoY Change 175.97% 21.57% 0.0% 24.75% 11.17% 5.31% 19.29% 31.2% 0.14% 12.07% 21.9% 27.61% 11.24% 10.0% 5.26% 7.55% 43.24% 23.33% 30.43% 220.0% 25.0%
% of Gross Profit 9.8% 4.41% 3.94% 3.94% 3.73% 3.67% 3.84% 3.52% 3.28% 3.28% 3.18% 2.87% 2.5% 2.31% 2.41% 2.62% 2.9% 2.27% 4.6% 5.75% 533.33%
Operating Expenses $867.0M $532.5M $487.2M $487.7M $408.0M $366.8M $338.2M $42.39M $287.3M $297.5M $279.1M $241.0M $207.6M $195.4M $166.3M $145.5M $114.2M $116.3M $51.40M $36.10M $13.80M $7.000M $5.600M
YoY Change 62.81% 9.29% -0.09% 19.55% 11.21% 8.46% 697.88% -85.24% -3.44% 6.59% 15.8% 16.09% 6.25% 17.5% 14.3% 27.41% -1.81% 126.26% 42.38% 97.14% 25.0%
Operating Profit $136.5M $275.8M $255.8M $255.4M $221.2M $208.0M $183.8M $435.9M $103.5M $93.30M $79.72M $85.23M $86.52M $90.20M $82.50M $72.10M $68.50M $46.40M $13.80M $3.900M -$13.50M -$8.300M -$6.800M
YoY Change -50.51% 7.82% 0.17% 15.45% 6.33% 13.2% -57.84% 321.15% 10.95% 17.04% -6.46% -1.49% -4.08% 9.33% 14.42% 5.26% 47.63% 236.23% 253.85% 62.65% 22.06%

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 1999 1998 1997
Interest Expense $50.30M $355.0K $338.0K $7.800M $328.0K $706.0K $678.0K $3.260M $100.0K $1.600M -$100.0K $4.900M -$1.600M -$1.300M $300.0K $400.0K $400.0K
YoY Change 14069.01% 5.03% -95.67% 2278.05% -53.54% 4.13% -79.2% -93.75% -1700.0% -102.04% -406.25% 23.08% -25.0% 0.0%
% of Operating Profit 36.85% 0.13% 0.13% 3.05% 0.15% 0.34% 0.37% 0.75% 0.12% 2.22% -0.15% 10.56% -11.59% -33.33%
Other Income/Expense, Net -$48.40M -$1.442M $7.913M $100.0K $12.95M $5.732M $2.013M -$2.429M -$1.472M -$1.500M -$3.991M -$1.405M $14.00K $1.300M -$100.0K -$500.0K $1.300M $600.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 3256.45% -118.22% 7813.0% -99.23% 125.92% 184.75% -182.87% 65.01% -1.87% -62.42% 184.06% -10135.71% -98.92% -1400.0% -80.0% -138.46% 116.67%

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 1999 1998 1997
Pretax Income $88.10M $274.4M $263.7M $263.7M $234.2M $173.8M $159.2M $333.1M $69.28M $102.0M $50.78M $59.22M $62.73M $107.6M $82.20M $72.40M $68.10M $314.4M $7.400M -$3.700M -$13.20M -$7.900M -$6.500M
YoY Change -67.89% 4.04% 0.01% 12.61% 34.7% 9.17% -52.19% 380.72% -32.08% 100.86% -14.24% -5.6% -41.7% 30.9% 13.54% 6.31% -78.34% 4148.65% -300.0% 67.09% 21.54%
Income Tax $6.600M $44.73M $23.45M $23.50M $37.95M $20.23M $61.01M $122.4M $27.68M $27.70M $20.01M $21.88M $22.48M $34.20M $28.20M $40.50M $25.90M $132.6M -$26.00M $200.0K $0.00 $0.00 $0.00
% Of Pretax Income 7.49% 16.3% 8.89% 8.91% 16.21% 11.64% 38.31% 36.76% 39.95% 27.16% 39.39% 36.95% 35.83% 31.78% 34.31% 55.94% 38.03% 42.18% -351.35%
Net Earnings $81.50M $229.6M $240.3M $240.3M $196.2M $193.5M $124.8M $311.1M $72.52M $72.50M $58.38M $62.27M $63.70M $73.50M $53.20M $31.90M $42.30M $181.8M $33.40M -$3.800M -$13.20M -$7.900M -$6.500M
YoY Change -64.51% -4.43% 0.0% 22.47% 1.38% 55.1% -59.89% 328.99% 0.02% 24.18% -6.25% -2.24% -13.33% 38.16% 66.77% -24.59% -76.73% 444.31% -978.95% 67.09% 21.54%
Net Earnings / Revenue 3.98% 18.53% 21.01% 21.01% 20.92% 22.55% 15.79% 43.64% 12.36% 12.36% 10.67% 12.63% 14.51% 18.13% 15.24% 10.39% 16.5% 81.05% 30.95% -5.48% -197.01% -464.71% -722.22%
Basic Earnings Per Share $1.54 $4.16 $4.39 $3.67 $3.70 $2.42 $6.28 $1.33 $1.03 $1.08 $1.07
Diluted Earnings Per Share $1.51 $3.98 $4.14 $4.14 $3.44 $3.45 $2.23 $5.85 $1.30 $1.304M $1.02 $1.07 $1.05 $1.213M $883.7K $529.9K $707.4K $3.443M $632.6K -$71.97K -$250.0K -$149.6K -$123.1K

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 1999 1998 1997
Cash & Short-Term Investments $163.0M $745.3M $641.4M $641.4M $687.7M $552.5M $315.3M $306.0M $132.3M $134.5M $95.50M $71.60M $129.9M $88.30M $189.0M $146.9M $96.70M $55.40M $14.20M $14.50M $11.60M
YoY Change -78.13% 16.19% 0.0% -6.73% 24.47% 75.23% 3.04% 131.29% -1.64% 40.84% 33.38% -44.88% 47.11% -53.28% 28.66% 51.91% 74.55% 290.14% 25.0%
Cash & Equivalents $163.0M $745.3M $641.4M $641.4M $567.7M $552.5M $315.3M $306.0M $132.3M $134.5M $95.50M $71.60M $129.9M $88.30M $132.1M $146.9M $96.70M $55.40M $14.20M $14.50M $11.60M
Short-Term Investments $0.00 $0.00 $120.0M $0.00 $0.00 $57.00M $0.00
Other Short-Term Assets $102.9M $47.10M $62.40M $62.40M $25.70M $22.20M $23.10M $19.10M $16.30M $14.30M $35.50M $25.40M $23.00M $22.60M $18.30M $15.90M $23.00M $21.10M $26.60M $300.0K $500.0K
YoY Change 118.45% -24.51% 0.0% 142.8% 15.77% -3.9% 20.94% 17.18% 13.99% -59.72% 39.76% 10.43% 1.77% 23.5% 15.09% -30.87% 9.0% -20.68% -40.0%
Inventory $545.0M $201.4M $216.0M $216.0M $115.9M $94.70M $92.30M $72.50M $62.00M $69.70M $56.80M $47.40M $45.90M $45.00M $31.60M $27.40M $23.10M $17.10M $13.10M $3.600M $2.000M
Prepaid Expenses
Receivables $362.2M $200.8M $141.4M $141.4M $132.4M $109.6M $118.5M $101.7M $81.00M $71.00M $76.80M $67.90M $57.00M $49.70M $38.90M $30.70M $27.00M $22.40M $15.50M $1.300M $300.0K
Other Receivables $58.80M $43.92M $40.00M $40.00M $34.40M $10.30M $10.60M $7.800M $7.500M $7.600M $7.300M $7.100M $7.100M $12.00M $11.50M $11.40M $13.80M $1.200M $0.00 $0.00 $0.00
Total Short-Term Assets $1.232B $1.238B $1.101B $1.101B $996.1M $789.3M $559.7M $507.2M $299.1M $297.1M $271.8M $219.3M $262.9M $217.6M $289.4M $232.2M $183.6M $117.3M $69.30M $19.70M $14.40M
YoY Change -0.53% 12.46% 0.0% 10.55% 26.2% 41.02% 10.35% 69.58% 0.67% 9.31% 23.94% -16.58% 20.82% -24.81% 24.63% 26.47% 56.52% 69.26% 36.81%
Property, Plant & Equipment $483.5M $303.3M $304.8M $304.8M $238.7M $166.0M $164.1M $136.0M $132.5M $102.0M $24.90M $23.90M $15.20M $16.00M $11.70M $13.00M $11.20M $10.30M $7.400M $3.400M $2.700M
YoY Change 59.42% -0.5% 0.0% 27.69% 43.8% 1.16% 20.66% 2.64% 29.9% 309.64% 4.18% 57.24% -5.0% 36.75% -10.0% 16.07% 8.74% 39.19% 25.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.200M $13.83M $8.000M $8.000M $6.500M $1.200M $1.200M
YoY Change -47.94% 72.88% 0.0% 23.08% 441.67% 0.0%
Other Assets $170.5M $80.00M $59.80M $59.80M $52.90M $144.8M $132.7M $128.1M $122.2M $117.2M $91.10M $81.20M $76.10M $65.70M $45.00M $40.30M $34.70M $26.40M $19.50M $100.0K $100.0K
YoY Change 113.14% 33.77% 0.0% 13.04% -63.47% 9.12% 3.59% 4.83% 4.27% 28.65% 12.19% 6.7% 15.83% 46.0% 11.66% 16.14% 31.44% 35.38% 0.0%
Total Long-Term Assets $1.810B $648.6M $611.4M $611.4M $400.0M $365.5M $345.7M $313.3M $302.6M $267.9M $166.9M $155.4M $103.2M $92.60M $66.90M $61.10M $51.90M $41.80M $31.30M $4.500M $3.500M
YoY Change 179.0% 6.08% 0.0% 52.85% 9.44% 5.73% 10.34% 3.54% 12.95% 60.52% 7.4% 50.58% 11.45% 38.42% 9.49% 17.73% 24.16% 33.55% 28.57%
Total Assets $3.042B $1.887B $1.713B $1.713B $1.396B $1.155B $905.4M $820.5M $601.7M $565.0M $438.7M $374.7M $366.1M $310.2M $356.3M $293.3M $235.5M $159.1M $100.6M $24.20M $17.90M
YoY Change
Accounts Payable $251.5M $75.63M $64.10M $64.10M $54.50M $40.40M $33.80M $31.10M $25.90M $38.00M $28.00M $27.00M $27.30M $22.20M $16.70M $15.90M $14.60M $10.10M $9.200M $1.200M $500.0K
YoY Change 232.55% 17.98% 0.0% 17.61% 34.9% 19.53% 8.68% 20.08% -31.84% 35.71% 3.7% -1.1% 22.97% 32.93% 5.03% 8.9% 44.55% 9.78% 140.0%
Accrued Expenses $163.7M $118.9M $107.2M $107.2M $79.90M $65.20M $53.20M $74.70M $82.60M $58.10M $52.50M $41.70M $32.00M $30.90M $27.50M $21.20M $18.60M $16.90M $10.90M $1.000M $1.000M
YoY Change 37.69% 10.9% 0.0% 34.17% 22.55% 22.56% -28.78% -9.56% 42.17% 10.67% 25.9% 30.31% 3.56% 12.36% 29.72% 13.98% 10.06% 55.05% 0.0%
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 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $34.30M $15.10M $100.0K $100.0K $100.0K $100.0K $100.0K $0.00 $100.0K $100.0K $500.0K $11.50M $7.500M $7.700M $800.0K $400.0K
YoY Change 127.15% 0.0% 0.0% 0.0% 0.0% -100.0% 0.0% -80.0% -95.65% 53.33% -2.6% 100.0%
Total Short-Term Liabilities $563.8M $267.7M $233.8M $233.8M $172.2M $146.6M $129.7M $220.4M $132.6M $123.9M $103.8M $89.50M $76.00M $70.20M $59.40M $65.60M $61.80M $87.20M $35.10M $3.100M $2.000M
YoY Change 110.58% 14.51% 0.0% 35.77% 17.46% 13.03% -41.15% 66.21% 7.02% 19.36% 15.98% 17.76% 8.26% 18.18% -9.45% 6.15% -29.13% 148.43% 55.0%
Long-Term Debt $871.7M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $185.1M $125.1M $200.0K $100.0K $100.0K $100.0K $200.0K $200.0K $19.50M $13.50M $21.30M $1.600M $1.000M
YoY Change -100.0% 47.96% 62450.0% 100.0% 0.0% 0.0% -50.0% 0.0% -98.97% 44.44% -36.62% 60.0%
Other Long-Term Liabilities $129.5M $63.92M $64.80M $64.80M $53.00M $36.20M $41.90M $39.90M $8.300M $8.200M $8.200M $9.400M $10.40M $9.900M $7.000M $8.000M $4.100M $1.400M $1.300M $300.0K $200.0K
YoY Change 102.61% -1.36% 0.0% 22.26% 46.41% -13.6% 5.01% 380.72% 1.22% 0.0% -12.77% -9.62% 5.05% 41.43% -12.5% 95.12% 192.86% 7.69% 50.0%
Total Long-Term Liabilities $1.001B $63.92M $64.80M $64.80M $53.00M $36.20M $41.90M $39.90M $193.4M $133.3M $8.400M $9.500M $10.50M $10.00M $7.200M $8.200M $23.60M $14.90M $22.60M $1.900M $1.200M
YoY Change 1466.41% -1.36% 0.0% 22.26% 46.41% -13.6% 5.01% -79.37% 45.09% 1486.9% -11.58% -9.52% 5.0% 38.89% -12.2% -65.25% 58.39% -34.07% 58.33%
Total Liabilities $1.677B $336.8M $304.9M $304.9M $228.3M $185.8M $181.4M $260.3M $326.3M $259.0M $112.2M $101.6M $89.30M $82.60M $67.60M $74.00M $85.40M $102.1M $57.70M $5.100M $3.200M
YoY Change 397.88% 10.45% 0.0% 33.55% 22.87% 2.43% -30.31% -20.23% 25.98% 130.84% 10.43% 13.77% 8.11% 22.19% -8.65% -13.35% -16.36% 76.95% 59.38%

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: $9.1935 Billion

About MASIMO CORP

Masimo Corp. is a global technology company, which engages in the development, manufacture, and marketing of patient monitoring technologies, and automation and connectivity solutions. The company is headquartered in Irvine, California and currently employs 3,800 full-time employees. The company went IPO on 2007-08-08. The firm's segments include Healthcare and Non-healthcare. Its Healthcare segment develops, manufactures and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. The firm's measurement technologies include Measure-through Motion and Low Perfusion pulse oximetry and advanced rainbow Pulse CO-Oximetry parameters. The firm's Non-healthcare business develops, manufactures, markets, sells home sound integration technologies and accessories, along with licensing complete high performance in-vehicle audio systems under consumer brands, such as Bowers & Wilkins, Denon, Marantz, HEOS, Classe, Polk Audio, Boston Acoustics, and Definitive Technology.

Industry: Electromedical & Electrotherapeutic Apparatus Peers: ABBOTT LABORATORIES ABIOMED INC Envista Holdings Corp GLOBUS MEDICAL INC HOLOGIC INC Inspire Medical Systems, Inc. INSULET CORP Penumbra Inc Shockwave Medical, Inc. TELEFLEX INC