NASDAQ : BRKR
Bruker Corporation — Financial statements
Healthcare · Medical Devices · United States
Last price 62 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 9.45B
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Financial statements
Bruker Corporation (BRKR) reported revenue of 3.50B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 3.50B | 3.44B | 3.37B | 2.96B | 2.53B | 2.41B |
| Other Revenue | 7.40M | |||||
| Revenue | 3.50B | 3.44B | 3.37B | 2.96B | 2.53B | 2.42B |
| Cost of Revenue | 1.80B | 1.79B | 1.68B | 1.45B | 1.22B | 1.20B |
| Gross Profit | 1.70B | 1.65B | 1.68B | 1.52B | 1.31B | 1.21B |
| Selling, General & Admin | 967.70M | 943.50M | 892.50M | 729.50M | 608.40M | 563.40M |
| Research & Development | 393.50M | 395.20M | 376.50M | 294.80M | 235.90M | 220.80M |
| Other Operating Expenses | 24.30M | 29.60M | 11.00M | 10.90M | 3.20M | 3.90M |
| Operating Expenses | 1.39B | 1.37B | 1.28B | 1.04B | 847.50M | 788.10M |
| Operating Income | 311.00M | 279.60M | 403.50M | 481.60M | 459.10M | 424.90M |
| Interest Expense | -61.50M | -60.30M | -47.90M | -16.40M | -16.10M | -14.30M |
| Interest & Investment Income | 25.20M | 14.80M | 9.30M | 7.50M | 2.80M | 900.00K |
| Earnings From Equity Investments | -1.70M | -1.00M | -1.70M | 2.00M | 1.00M | |
| Currency Exchange Gain (Loss) | 13.90M | 11.60M | 23.70M | -13.30M | -5.80M | -4.10M |
| Other Non Operating Income (Expenses) | 10.60M | 4.70M | 3.70M | 1.30M | ||
| EBT Excluding Unusual Items | 297.50M | 249.40M | 386.90M | 465.10M | 442.30M | 407.40M |
| Merger & Restructuring Charges | -109.70M | -93.70M | -77.50M | -41.20M | -27.10M | -14.30M |
| Impairment of Goodwill | -231.40M | -96.50M | ||||
| Gain (Loss) on Sale of Investments | 17.00M | -20.00M | -24.60M | -18.20M | ||
| Asset Writedown | -33.10M | -33.10M | -2.60M | -5.70M | -300.00K | 500.00K |
| Legal Settlements | -14.60M | -35.30M | -44.90M | |||
| Other Unusual Items | 50.20M | 50.20M | -32.10M | 146.20M | ||
| Pretax Income | -24.10M | 21.00M | 205.20M | 546.20M | 414.90M | 393.60M |
| Income Tax Expense | 40.40M | 29.30M | 91.40M | 117.70M | 116.40M | 113.00M |
| Earnings From Continuing Operations | -64.50M | -8.30M | 113.80M | 428.50M | 298.50M | 280.60M |
| Minority Interest in Earnings | -6.70M | -300.00K | -700.00K | -1.30M | -1.90M | -3.50M |
| Net Income | -71.20M | -8.60M | 113.10M | 427.20M | 296.60M | 277.10M |
| Preferred Dividends & Other Adjustments | 35.70M | 13.90M | ||||
| Net Income to Common | -106.90M | -22.50M | 113.10M | 427.20M | 296.60M | 277.10M |
| Shares Outstanding (Basic) | 152.10M | 151.80M | 149.00M | 146.40M | 148.60M | 151.40M |
| Shares Outstanding (Diluted) | 152.10M | 151.80M | 149.50M | 147.20M | 149.40M | 152.90M |
| EPS (Basic) | -0.70 | -0.15 | 0.76 | 2.92 | 2.00 | 1.83 |
| EPS (Diluted) | -0.70 | -0.15 | 0.76 | 2.90 | 1.99 | 1.81 |
| Free Cash Flow | 93.90M | 43.30M | 136.00M | 243.20M | 145.20M | 190.40M |
| Free Cash Flow Per Share | 0.62 | 0.28 | 0.91 | 1.65 | 0.97 | 1.25 |
| Dividend Per Share | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.16 |
| Gross Margin | 48.48% | 47.95% | 50.01% | 51.17% | 51.63% | 50.17% |
| Operating Margin | 8.89% | 8.14% | 11.99% | 16.25% | 18.14% | 17.57% |
| Profit Margin | -3.06% | -0.66% | 3.36% | 14.41% | 11.72% | 11.46% |
| Free Cash Flow Margin | 2.68% | 1.26% | 4.04% | 8.20% | 5.74% | 7.88% |
| EBITDA | 541.10M | 499.90M | 587.30M | 596.50M | 547.90M | 514.00M |
| EBITDA Margin | 15.46% | 14.55% | 17.45% | 20.12% | 21.65% | 21.26% |
| D&A For EBITDA | 230.10M | 220.30M | 183.80M | 114.90M | 88.80M | 89.10M |
| EBIT | 311.00M | 279.60M | 403.50M | 481.60M | 459.10M | 424.90M |
| EBIT Margin | 8.89% | 8.14% | 11.99% | 16.25% | 18.14% | 17.57% |
| Effective Tax Rate | 139.52% | 44.54% | 21.55% | 28.06% | 28.71% | |
| Revenue as Reported | 3.50B | 3.44B | 3.37B | 2.96B | 2.53B | 2.42B |
| Advertising Expenses | 27.60M | 27.80M | 23.70M | 19.30M | 13.80M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 184.90M | 298.80M | 183.40M | 488.30M | 645.50M | 1.07B |
| Short-Term Investments | 100.00M | |||||
| Trading Asset Securities | 10.70M | 12.00M | 14.80M | 6.40M | ||
| Cash & Short-Term Investments | 184.90M | 298.80M | 194.10M | 500.30M | 660.30M | 1.17B |
| Accounts Receivable | 661.90M | 661.80M | 666.70M | 575.80M | 533.50M | 463.00M |
| Other Receivables | 114.70M | 74.20M | 34.50M | 45.90M | 61.80M | |
| Receivables | 776.60M | 736.00M | 701.20M | 621.70M | 595.30M | 463.00M |
| Inventory | 1.12B | 1.09B | 1.07B | 968.30M | 800.10M | 710.10M |
| Prepaid Expenses | 46.60M | 35.20M | 35.10M | 26.70M | 24.30M | |
| Other Current Assets | 96.80M | 47.90M | 55.00M | 47.20M | 33.20M | 124.10M |
| Total Current Assets | 2.23B | 2.21B | 2.05B | 2.16B | 2.11B | 2.47B |
| Property, Plant & Equipment | 714.10M | 910.60M | 814.80M | 691.40M | 538.20M | 466.00M |
| Long-Term Investments | 114.70M | 124.70M | 89.30M | 23.00M | ||
| Goodwill | 1.43B | 1.55B | 1.51B | 582.60M | 457.60M | 339.50M |
| Other Intangible Assets | 867.80M | 899.60M | 912.50M | 330.50M | 270.90M | 211.80M |
| Long-Term Accounts Receivable | 11.10M | 4.30M | 1.90M | 500.00K | ||
| Long-Term Deferred Tax Assets | 421.70M | 286.20M | 297.20M | 76.80M | 90.10M | |
| Other Long-Term Assets | 816.20M | 123.50M | 103.70M | 92.80M | 131.60M | 70.80M |
| Total Assets | 6.05B | 6.24B | 5.81B | 4.25B | 3.61B | 3.65B |
| Accounts Payable | 200.20M | 215.90M | 234.10M | 202.70M | 178.40M | 147.40M |
| Accrued Expenses | 301.00M | 293.00M | 259.40M | 210.80M | 214.40M | |
| Current Portion of Long-Term Debt | 40.50M | 11.40M | 27.90M | 116.10M | 16.30M | 116.50M |
| Current Portion of Leases | 40.40M | 36.70M | 28.40M | 18.80M | 19.60M | |
| Current Income Taxes Payable | 76.20M | 119.60M | 138.70M | 85.50M | 75.10M | |
| Current Unearned Revenue | 444.60M | 441.30M | 438.20M | 400.00M | 370.20M | 335.90M |
| Other Current Liabilities | 519.40M | 193.00M | 131.80M | 56.80M | 34.30M | 29.60M |
| Total Current Liabilities | 1.20B | 1.28B | 1.28B | 1.20B | 914.30M | 938.50M |
| Long-Term Debt | 1.80B | 1.84B | 2.05B | 1.14B | 1.20B | 1.24B |
| Long-Term Leases | 18.10M | 152.40M | 131.80M | 90.60M | 46.50M | 44.40M |
| Long-Term Unearned Revenue | 109.10M | 100.00M | 91.50M | 101.60M | 50.20M | |
| Pension & Post-Retirement Benefits | 99.70M | 103.00M | 76.60M | 45.70M | 104.70M | |
| Long-Term Deferred Tax Liabilities | 112.50M | 118.50M | 67.70M | 62.30M | 46.00M | |
| Other Long-Term Liabilities | 597.70M | 139.50M | 208.00M | 163.60M | 108.60M | 144.10M |
| Total Liabilities | 3.62B | 3.73B | 3.99B | 2.84B | 2.48B | 2.57B |
| Common Stock | 1.80M | 1.80M | 1.80M | 1.70M | 1.70M | 1.70M |
| Additional Paid-In Capital | 1.43B | 1.41B | 713.40M | 282.90M | 256.30M | 237.80M |
| Retained Earnings | 2.29B | 2.36B | 2.41B | 2.32B | 1.93B | 1.66B |
| Treasury Stock | -1.24B | -1.24B | -1.24B | -1.24B | -1.08B | -820.30M |
| Comprehensive Income & Other | -96.80M | -79.50M | -103.50M | 6.00M | 14.80M | -8.20M |
| Total Common Equity | 2.38B | 2.46B | 1.78B | 1.38B | 1.11B | 1.07B |
| Minority Interest | 54.40M | 53.80M | 34.00M | 36.10M | 18.00M | 14.30M |
| Shareholders' Equity | 2.44B | 2.51B | 1.82B | 1.41B | 1.13B | 1.08B |
| Total Liabilities & Equity | 6.05B | 6.24B | 5.81B | 4.25B | 3.61B | 3.65B |
| Total Debt | 1.86B | 2.04B | 2.25B | 1.38B | 1.28B | 1.42B |
| Net Cash (Debt) | -1.67B | -1.74B | -2.05B | -879.30M | -622.30M | -243.20M |
| Net Cash Per Share | -10.98 | -11.49 | -13.72 | -5.97 | -4.17 | -1.59 |
| Filing Date Shares Outstanding | 152.36M | 152.22M | 151.71M | 137.67M | 146.73M | 150.77M |
| Total Common Shares Outstanding | 152.35M | 152.14M | 151.68M | 145.16M | 147.02M | 150.75M |
| Working Capital | 1.02B | 933.30M | 771.90M | 962.10M | 1.20B | 1.53B |
| Book Value Per Share | 15.63 | 16.15 | 11.74 | 9.49 | 7.58 | 7.10 |
| Tangible Book Value | 83.80M | 9.20M | -638.60M | 464.10M | 385.30M | 519.20M |
| Tangible Book Value Per Share | 0.55 | 0.06 | -4.21 | 3.20 | 2.62 | 3.44 |
| Land | 75.60M | 47.50M | 38.90M | 36.60M | 34.10M | |
| Buildings | 612.00M | 540.70M | 498.10M | 434.50M | 371.50M | |
| Machinery | 749.20M | 640.10M | 586.90M | 462.60M | 435.60M | |
| Order Backlog | 2.57B | 2.09B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -71.20M | -8.60M | 113.10M | 427.20M | 296.60M | 277.10M |
| Depreciation & Amortization | 230.10M | 220.30M | 183.80M | 114.90M | 88.80M | 89.10M |
| Loss (Gain) From Sale of Assets | -10.10M | -1.10M | ||||
| Asset Writedown & Restructuring Costs | 279.70M | 132.30M | 3.90M | 4.00M | 300.00K | -500.00K |
| Loss (Gain) From Sale of Investments | 20.00M | 20.00M | 24.60M | 18.20M | 1.60M | |
| Stock-Based Compensation | 20.20M | 20.20M | 25.30M | 30.90M | 27.70M | 17.20M |
| Other Operating Activities | -73.50M | -105.30M | 19.40M | -157.30M | 13.60M | 26.20M |
| Change in Accounts Receivable | 54.20M | 54.20M | -40.60M | -900.00K | -67.90M | -95.30M |
| Change in Inventory | -2.00M | 12.10M | -69.80M | -125.00M | -137.90M | -67.00M |
| Change in Accounts Payable | -81.50M | -37.50M | 20.80M | 1.20M | 33.30M | 61.40M |
| Change in Unearned Revenue | -22.90M | -22.90M | -52.80M | -600.00K | 52.70M | 38.80M |
| Change in Income Taxes | -35.00M | -94.00M | -15.30M | 43.70M | -6.80M | -44.30M |
| Change in Other Net Operating Assets | -127.70M | -56.70M | 38.90M | -6.20M | -17.50M | -19.20M |
| Operating Cash Flow | 190.40M | 134.10M | 251.30M | 350.10M | 274.40M | 282.40M |
| Capital Expenditures | -96.50M | -90.80M | -115.30M | -106.90M | -129.20M | -92.00M |
| Sale of Property, Plant & Equipment | 13.90M | 4.90M | ||||
| Cash Acquisitions | -20.40M | -73.90M | -1.60B | -226.60M | -182.30M | -65.00M |
| Sale (Purchase) of Intangibles | -29.40M | -29.40M | ||||
| Investment in Securities | -7.20M | -7.20M | -48.30M | -24.80M | 39.80M | -50.30M |
| Other Investing Activities | 9.20M | 4.80M | 5.90M | 32.30M | 6.20M | 10.00M |
| Investing Cash Flow | -144.30M | -196.50M | -1.76B | -326.00M | -251.60M | -192.40M |
| Short-Term Debt Issued | 750.50M | 1.25B | ||||
| Long-Term Debt Issued | 3.50M | 973.70M | 2.00M | 300.00K | 490.50M | |
| Total Debt Issued | 637.90M | 754.00M | 2.22B | 2.00M | 300.00K | 490.50M |
| Short-Term Debt Repaid | -778.80M | -1.21B | ||||
| Long-Term Debt Repaid | -466.50M | -135.40M | -23.50M | -111.00M | -800.00K | |
| Total Debt Repaid | -1.21B | -1.25B | -1.35B | -23.50M | -111.00M | -800.00K |
| Net Debt Issued (Repaid) | -574.60M | -491.30M | 875.90M | -21.50M | -110.70M | 489.70M |
| Issuance of Common Stock | 7.90M | 7.90M | 409.00M | 9.50M | 2.80M | 7.00M |
| Repurchase of Common Stock | -10.00M | -10.00M | -152.30M | -263.10M | -153.30M | |
| Preferred Dividends Paid | -32.10M | -10.10M | ||||
| Common Dividends Paid | -22.60M | -22.80M | -30.20M | -29.40M | -29.80M | -24.20M |
| Dividends Paid | -54.70M | -32.90M | -30.20M | -29.40M | -29.80M | -24.20M |
| Other Financing Activities | -3.20M | -8.30M | -24.90M | 300.00K | -14.50M | -500.00K |
| Financing Cash Flow | 35.10M | 135.10M | 1.23B | -193.40M | -415.30M | 318.70M |
| Foreign Exchange Rate Adjustments | 11.70M | 43.70M | -28.70M | 12.20M | -30.50M | -22.50M |
| Net Cash Flow | 92.90M | 116.40M | -304.90M | -157.10M | -423.00M | 386.20M |
| Free Cash Flow | 93.90M | 43.30M | 136.00M | 243.20M | 145.20M | 190.40M |
| Free Cash Flow Margin | 2.68% | 1.26% | 4.04% | 8.20% | 5.74% | 7.88% |
| Free Cash Flow Per Share | 0.62 | 0.28 | 0.91 | 1.65 | 0.97 | 1.25 |
| Levered Free Cash Flow | 179.94M | 216.96M | 279.95M | 297.05M | 185.28M | 197.62M |
| Unlevered Free Cash Flow | 218.38M | 254.65M | 309.89M | 307.30M | 195.34M | 206.56M |
| Cash Interest Paid | 67.80M | 71.00M | 54.60M | 33.70M | 24.30M | 19.60M |
| Cash Income Tax Paid | 145.60M | 222.50M | 153.90M | 96.60M | 147.40M | 145.50M |
| Change in Working Capital | -214.90M | -144.80M | -118.80M | -87.80M | -144.10M | -125.60M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.70B | 7.16B | 8.89B | 10.17B | 10.05B | 12.73B |
| Enterprise Value | 10.37B | 8.97B | 11.21B | 11.06B | 10.59B | 12.92B |
| Last Close Price | 57.07 | 46.96 | 58.14 | 72.67 | 67.40 | 82.48 |
| PE Ratio | 78.57 | 23.81 | 33.89 | 45.92 | ||
| Forward PE | 25.46 | 23.56 | 22.88 | 28.24 | 27.58 | 39.41 |
| PS Ratio | 2.48 | 2.08 | 2.64 | 3.43 | 3.97 | 5.26 |
| PB Ratio | 3.65 | 2.85 | 4.90 | 7.20 | 8.88 | 11.73 |
| P/TBV Ratio | 103.76 | 778.04 | 21.91 | 26.09 | 24.51 | |
| P/FCF Ratio | 92.60 | 165.31 | 65.34 | 41.82 | 69.24 | 66.83 |
| P/OCF Ratio | 45.67 | 53.38 | 35.36 | 29.05 | 36.64 | 45.06 |
| PEG Ratio | 1.65 | 8.26 | 1.60 | 1.90 | 1.53 | 2.23 |
| EV/Sales Ratio | 2.96 | 2.61 | 3.33 | 3.73 | 4.18 | 5.34 |
| EV/EBITDA Ratio | 19.16 | 17.95 | 19.09 | 18.54 | 19.32 | 25.13 |
| EV/EBIT Ratio | 33.33 | 32.09 | 27.78 | 22.96 | 23.06 | 30.40 |
| EV/FCF Ratio | 110.39 | 207.22 | 82.43 | 45.47 | 72.92 | 67.85 |
| Debt / Equity Ratio | 0.76 | 0.81 | 1.24 | 0.98 | 1.13 | 1.31 |
| Debt / EBITDA Ratio | 3.10 | 3.67 | 3.49 | 2.17 | 2.22 | 2.61 |
| Debt / FCF Ratio | 19.76 | 47.18 | 16.51 | 5.67 | 8.83 | 7.45 |
| Net Debt / Equity Ratio | 0.69 | 0.69 | 1.13 | 0.62 | 0.55 | 0.22 |
| Net Debt / EBITDA Ratio | 3.09 | 3.49 | 3.49 | 1.47 | 1.14 | 0.47 |
| Net Debt / FCF Ratio | 17.79 | 40.28 | 15.08 | 3.62 | 4.29 | 1.28 |
| Asset Turnover | 0.56 | 0.57 | 0.67 | 0.75 | 0.70 | 0.72 |
| Inventory Turnover | 1.54 | 1.65 | 1.65 | 1.64 | 1.62 | 1.72 |
| Quick Ratio | 0.80 | 0.81 | 0.70 | 0.93 | 1.37 | 1.75 |
| Current Ratio | 1.85 | 1.73 | 1.60 | 1.80 | 2.31 | 2.63 |
| Return on Equity (ROE) | -3.00% | -0.38% | 7.05% | 33.67% | 26.93% | 27.26% |
| Return on Assets (ROA) | 3.14% | 2.90% | 5.01% | 7.66% | 7.90% | 7.93% |
| Return on Invested Capital (ROIC) | 7.60% | -2.72% | 7.27% | 18.67% | 21.43% | 23.88% |
| Return on Capital Employed (ROCE) | 6.40% | 5.60% | 8.90% | 15.80% | 17.00% | 15.70% |
| Earnings Yield | -1.23% | -0.12% | 1.27% | 4.20% | 2.95% | 2.18% |
| FCF Yield | 1.08% | 0.60% | 1.53% | 2.39% | 1.44% | 1.50% |
| Dividend Yield | 0.35% | 0.43% | 0.34% | 0.29% | 0.29% | 0.19% |
| Payout Ratio | 26.70% | 6.88% | 10.05% | 8.73% | ||
| Buyback Yield / Dilution | -0.13% | -1.54% | -1.56% | 1.47% | 2.29% | 1.10% |
| Total Shareholder Return | 0.22% | -1.11% | -1.22% | 1.76% | 2.58% | 1.29% |