NASDAQ : IART
Integra LifeSciences Holdings Corporation — Financial statements
Healthcare · Medical Devices · United States
Last price 12.83 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 998.19M
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Financial statements
Integra LifeSciences Holdings Corporation (IART) reported revenue of 1.66B 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 | |
|---|---|---|---|---|---|---|
| Revenue | 1.66B | 1.64B | 1.61B | 1.54B | 1.56B | 1.54B |
| Cost of Revenue | 736.95M | 715.83M | 651.40M | 656.84M | 587.36M | 597.81M |
| Gross Profit | 919.84M | 919.42M | 959.12M | 884.74M | 970.31M | 944.64M |
| Selling, General & Admin | 659.13M | 676.12M | 665.53M | 656.64M | 616.32M | 637.45M |
| Research & Development | 81.88M | 82.43M | 97.43M | 104.19M | 101.19M | 93.05M |
| Amortization of Goodwill & Intangibles | 15.07M | 14.95M | 14.19M | 12.38M | 13.88M | 14.16M |
| Operating Expenses | 756.08M | 773.50M | 777.15M | 773.21M | 731.39M | 744.66M |
| Operating Income | 163.76M | 145.91M | 181.98M | 111.53M | 238.92M | 199.98M |
| Interest Expense | -92.09M | -86.25M | -70.63M | -51.38M | -49.59M | -50.40M |
| Interest & Investment Income | 17.74M | 18.47M | 20.04M | 17.20M | 11.92M | 6.74M |
| Currency Exchange Gain (Loss) | 18.04M | -63.44M | 35.23M | -4.40M | 3.30M | |
| Other Non Operating Income (Expenses) | -2.08M | 62.35M | -30.98M | 8.12M | 8.71M | 19.31M |
| EBT Excluding Unusual Items | 105.36M | 77.05M | 135.63M | 81.07M | 213.25M | 175.63M |
| Merger & Restructuring Charges | -15.77M | -15.81M | -4.95M | |||
| Impairment of Goodwill | -511.37M | |||||
| Gain (Loss) on Sale of Assets | 644.00K | 41.80M | ||||
| Asset Writedown | -11.70M | -2.75M | ||||
| Other Unusual Items | -67.28M | -113.38M | -137.22M | |||
| Pretax Income | 22.31M | -563.50M | -18.24M | 81.07M | 213.89M | 214.68M |
| Income Tax Expense | 9.30M | -47.03M | -11.29M | 13.33M | 33.34M | 45.60M |
| Earnings From Continuing Operations | 13.01M | -516.47M | -6.94M | 67.74M | 180.55M | 169.07M |
| Net Income | 13.01M | -516.47M | -6.94M | 67.74M | 180.55M | 169.07M |
| Net Income to Common | 13.01M | -516.47M | -6.94M | 67.74M | 180.55M | 169.07M |
| Shares Outstanding (Basic) | 77.10M | 76.67M | 77.01M | 80.09M | 83.00M | 84.70M |
| Shares Outstanding (Diluted) | 77.65M | 76.67M | 77.01M | 80.34M | 83.52M | 85.48M |
| EPS (Basic) | 0.17 | -6.74 | -0.09 | 0.85 | 2.18 | 2.00 |
| EPS (Diluted) | 0.17 | -6.74 | -0.09 | 0.84 | 2.16 | 1.98 |
| Free Cash Flow | 85.78M | -31.05M | 24.96M | 73.09M | 222.13M | 264.40M |
| Free Cash Flow Per Share | 1.10 | -0.41 | 0.32 | 0.91 | 2.66 | 3.09 |
| Gross Margin | 55.52% | 56.23% | 59.55% | 57.39% | 62.29% | 61.24% |
| Operating Margin | 9.88% | 8.92% | 11.30% | 7.23% | 15.34% | 12.96% |
| Profit Margin | 0.78% | -31.58% | -0.43% | 4.39% | 11.59% | 10.96% |
| Free Cash Flow Margin | 5.18% | -1.90% | 1.55% | 4.74% | 14.26% | 17.14% |
| EBITDA | 317.82M | 297.75M | 322.87M | 235.04M | 357.22M | 319.82M |
| EBITDA Margin | 19.18% | 18.21% | 20.05% | 15.25% | 22.93% | 20.73% |
| D&A For EBITDA | 154.06M | 151.83M | 140.89M | 123.51M | 118.30M | 119.84M |
| EBIT | 163.76M | 145.91M | 181.98M | 111.53M | 238.92M | 199.98M |
| EBIT Margin | 9.88% | 8.92% | 11.30% | 7.23% | 15.34% | 12.96% |
| Effective Tax Rate | 41.67% | 16.44% | 15.59% | 21.24% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 252.26M | 235.05M | 246.38M | 276.40M | 456.66M | 513.45M |
| Short-Term Investments | 59.67M | 28.69M | 27.19M | 32.69M | ||
| Cash & Short-Term Investments | 311.93M | 263.74M | 273.57M | 309.10M | 456.66M | 513.45M |
| Receivables | 248.99M | 278.85M | 272.37M | 259.33M | 263.46M | 243.24M |
| Inventory | 464.45M | 492.74M | 429.09M | 389.61M | 324.58M | 317.39M |
| Prepaid Expenses | 117.62M | 96.09M | 77.00M | 67.36M | 85.76M | 65.82M |
| Other Current Assets | 46.94M | 28.13M | 29.65M | 32.64M | 31.03M | 13.82M |
| Total Current Assets | 1.19B | 1.16B | 1.08B | 1.06B | 1.16B | 1.15B |
| Property, Plant & Equipment | 577.27M | 584.90M | 549.76M | 496.38M | 459.59M | 396.25M |
| Long-Term Investments | 6.34M | 12.75M | 38.30M | 30.71M | 40.03M | 4.37M |
| Goodwill | 607.83M | 615.16M | 1.10B | 1.06B | 1.04B | 1.01B |
| Other Intangible Assets | 1.04B | 1.13B | 1.21B | 1.07B | 1.13B | 1.15B |
| Long-Term Deferred Tax Assets | 66.71M | 69.85M | 34.92M | 46.08M | 45.99M | 56.95M |
| Other Long-Term Assets | 19.07M | 25.13M | 28.21M | 27.48M | 17.16M | 12.07M |
| Total Assets | 3.51B | 3.60B | 4.04B | 3.78B | 3.89B | 3.78B |
| Accounts Payable | 66.42M | 95.73M | 82.50M | 92.33M | 102.10M | 61.84M |
| Accrued Expenses | 151.18M | 164.50M | 169.74M | 144.71M | 147.32M | 186.64M |
| Short-Term Debt | 87.80M | |||||
| Current Portion of Long-Term Debt | 49.36M | 39.85M | 607.76M | 15.11M | 38.12M | 63.19M |
| Current Portion of Leases | 14.59M | 14.02M | 14.54M | 15.28M | 14.62M | 14.78M |
| Current Income Taxes Payable | 1.70M | 3.65M | ||||
| Current Unearned Revenue | 12.07M | 11.46M | 10.48M | 8.54M | 7.25M | 5.29M |
| Other Current Liabilities | 33.67M | 38.97M | 37.10M | 31.01M | 11.48M | 8.28M |
| Total Current Liabilities | 329.00M | 455.98M | 922.13M | 306.98M | 320.91M | 340.02M |
| Long-Term Debt | 1.78B | 1.73B | 1.20B | 1.49B | 1.41B | 1.53B |
| Long-Term Leases | 161.09M | 163.06M | 166.93M | 166.85M | 157.42M | 90.33M |
| Long-Term Unearned Revenue | 9.45M | 11.55M | 9.19M | |||
| Pension & Post-Retirement Benefits | 13.84M | 15.44M | 19.38M | 12.31M | 25.27M | |
| Long-Term Deferred Tax Liabilities | 4.79M | 5.66M | 60.83M | 35.32M | 63.34M | 45.79M |
| Other Long-Term Liabilities | 158.64M | 178.36M | 120.46M | 179.31M | 126.19M | 64.84M |
| Total Liabilities | 2.44B | 2.56B | 2.49B | 2.19B | 2.09B | 2.10B |
| Common Stock | 921.00K | 923.00K | 916.00K | 909.00K | 905.00K | 896.00K |
| Additional Paid-In Capital | 1.35B | 1.34B | 1.32B | 1.30B | 1.28B | 1.26B |
| Retained Earnings | 438.16M | 423.44M | 939.91M | 946.86M | 879.12M | 698.57M |
| Treasury Stock | -684.09M | -689.21M | -691.41M | -647.26M | -362.86M | -234.45M |
| Comprehensive Income & Other | -34.51M | -30.08M | -27.57M | -15.11M | 10.27M | -45.16M |
| Shareholders' Equity | 1.07B | 1.04B | 1.55B | 1.59B | 1.80B | 1.68B |
| Total Liabilities & Equity | 3.51B | 3.60B | 4.04B | 3.78B | 3.89B | 3.78B |
| Total Debt | 2.00B | 2.03B | 1.99B | 1.68B | 1.62B | 1.70B |
| Net Cash (Debt) | -1.69B | -1.77B | -1.71B | -1.37B | -1.16B | -1.19B |
| Net Cash Per Share | -21.78 | -23.10 | -22.24 | -17.11 | -13.87 | -13.88 |
| Filing Date Shares Outstanding | 77.80M | 77.94M | 77.22M | 78.22M | 81.64M | 83.24M |
| Total Common Shares Outstanding | 77.81M | 77.89M | 77.16M | 78.17M | 83.65M | 84.70M |
| Working Capital | 860.94M | 703.56M | 159.56M | 751.06M | 840.59M | 813.70M |
| Book Value Per Share | 13.71 | 13.40 | 20.03 | 20.31 | 21.57 | 19.89 |
| Tangible Book Value | -581.85M | -706.36M | -759.26M | -535.41M | -361.09M | -474.23M |
| Tangible Book Value Per Share | -7.48 | -9.07 | -9.84 | -6.85 | -4.32 | -5.60 |
| Land | 4.16M | 952.00K | 978.00K | 966.00K | 1.51M | |
| Buildings | 78.31M | 19.75M | 14.86M | 14.71M | 19.03M | |
| Machinery | 444.97M | 405.41M | 383.47M | 358.14M | 206.98M | |
| Construction In Progress | 179.61M | 196.63M | 137.28M | 103.88M | 94.85M | |
| Leasehold Improvements | 181.24M | 179.90M | 171.06M | 163.34M | 155.50M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 13.01M | -516.47M | -6.94M | 67.74M | 180.55M | 169.07M |
| Depreciation & Amortization | 154.06M | 151.83M | 140.89M | 123.51M | 118.30M | 119.84M |
| Other Amortization | 4.10M | 5.61M | 5.59M | 6.16M | 6.84M | 7.03M |
| Loss (Gain) From Sale of Assets | 2.21M | 490.00K | 1.50M | 777.00K | -7.46M | -39.56M |
| Asset Writedown & Restructuring Costs | 511.37M | 12.21M | 2.75M | |||
| Stock-Based Compensation | 19.75M | 18.58M | 24.38M | 20.14M | 27.73M | 36.21M |
| Other Operating Activities | -17.82M | -87.28M | -17.23M | 3.19M | -22.07M | -1.08M |
| Change in Accounts Receivable | 12.12M | -485.00K | 7.40M | 4.59M | -33.91M | 7.26M |
| Change in Inventory | 16.94M | -46.76M | -28.15M | -59.77M | -29.12M | 5.37M |
| Change in Accounts Payable | -15.51M | 26.72M | -2.67M | -20.23M | 17.34M | 32.87M |
| Change in Unearned Revenue | -935.00K | 3.40M | 3.54M | 128.00K | 4.27M | 28.00K |
| Change in Other Net Operating Assets | -47.52M | -16.61M | -11.12M | -6.29M | 1.99M | -27.38M |
| Operating Cash Flow | 140.40M | 50.38M | 129.38M | 139.96M | 264.47M | 312.43M |
| Capital Expenditures | -54.62M | -81.44M | -104.42M | -66.86M | -42.34M | -48.02M |
| Sale of Property, Plant & Equipment | 11.14M | 3.00K | ||||
| Cash Acquisitions | -277.81M | -51.51M | -303.91M | |||
| Divestitures | 23.96M | 190.47M | ||||
| Sale (Purchase) of Intangibles | -14.20M | -14.20M | -9.95M | -4.74M | -58.00K | |
| Investment in Securities | -23.98M | -1.50M | 5.50M | -32.69M | ||
| Other Investing Activities | -10.49M | -10.92M | -4.13M | 5.38M | 4.91M | 76.00K |
| Investing Cash Flow | -103.28M | -108.06M | -390.81M | -94.18M | -58.58M | -161.44M |
| Long-Term Debt Issued | 720.70M | 486.50M | 165.10M | 40.75M | 25.50M | |
| Long-Term Debt Repaid | -669.89M | -187.13M | -110.60M | -148.55M | -125.50M | |
| Net Debt Issued (Repaid) | -6.05M | 50.81M | 299.37M | 54.50M | -107.80M | -100.00M |
| Issuance of Common Stock | 760.00K | 957.00K | 6.40M | 4.32M | 5.46M | 6.82M |
| Repurchase of Common Stock | -1.93M | -2.92M | -55.98M | -280.86M | -149.62M | -4.80M |
| Other Financing Activities | -7.25M | -20.52M | -11.92M | -7.88M | -249.00K | |
| Financing Cash Flow | -14.47M | 28.34M | 237.86M | -229.93M | -251.95M | -98.23M |
| Foreign Exchange Rate Adjustments | -2.57M | 18.02M | -6.46M | 3.89M | -10.72M | -9.48M |
| Net Cash Flow | 20.07M | -11.33M | -30.03M | -180.26M | -56.79M | 43.28M |
| Free Cash Flow | 85.78M | -31.05M | 24.96M | 73.09M | 222.13M | 264.40M |
| Free Cash Flow Margin | 5.18% | -1.90% | 1.55% | 4.74% | 14.26% | 17.14% |
| Free Cash Flow Per Share | 1.10 | -0.41 | 0.32 | 0.91 | 2.66 | 3.09 |
| Levered Free Cash Flow | 106.28M | 44.46M | 90.15M | 84.87M | 165.64M | 377.40M |
| Unlevered Free Cash Flow | 159.74M | 92.77M | 128.70M | 110.82M | 189.79M | 401.87M |
| Cash Interest Paid | 81.40M | 81.40M | 64.40M | 44.30M | 42.20M | 43.20M |
| Cash Income Tax Paid | 17.20M | 17.20M | 22.70M | 23.60M | 35.90M | 49.50M |
| Change in Working Capital | -34.91M | -33.74M | -31.01M | -81.57M | -39.42M | 18.16M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 991.96M | 967.42M | 1.75B | 3.40B | 4.68B | 5.67B |
| Enterprise Value | 2.68B | 2.71B | 3.46B | 4.80B | 5.87B | 6.92B |
| Last Close Price | 12.75 | 12.42 | 22.68 | 43.55 | 56.07 | 66.99 |
| PE Ratio | 75.92 | 50.26 | 25.94 | 33.56 | ||
| Forward PE | 5.47 | 5.21 | 8.83 | 12.94 | 16.16 | 20.19 |
| PS Ratio | 0.60 | 0.59 | 1.09 | 2.21 | 3.01 | 3.68 |
| PB Ratio | 0.93 | 0.93 | 1.13 | 2.14 | 2.60 | 3.37 |
| P/FCF Ratio | 11.56 | 70.10 | 46.58 | 21.08 | 21.46 | |
| P/OCF Ratio | 7.07 | 19.20 | 13.53 | 24.33 | 17.71 | 18.16 |
| PEG Ratio | 1.24 | 18.37 | 6.17 | 1.54 | 1.68 | 1.36 |
| EV/Sales Ratio | 1.62 | 1.66 | 2.15 | 3.11 | 3.77 | 4.49 |
| EV/EBITDA Ratio | 8.44 | 9.09 | 10.73 | 20.42 | 16.44 | 21.63 |
| EV/EBIT Ratio | 16.39 | 18.55 | 19.04 | 43.04 | 24.58 | 34.59 |
| EV/FCF Ratio | 31.28 | 138.75 | 65.68 | 26.44 | 26.16 | |
| Debt / Equity Ratio | 1.88 | 1.95 | 1.28 | 1.06 | 0.90 | 1.01 |
| Debt / EBITDA Ratio | 5.83 | 6.33 | 5.72 | 6.50 | 4.25 | 5.00 |
| Debt / FCF Ratio | 23.35 | 79.57 | 23.03 | 7.27 | 6.43 | |
| Net Debt / Equity Ratio | 1.59 | 1.70 | 1.11 | 0.87 | 0.64 | 0.70 |
| Net Debt / EBITDA Ratio | 5.32 | 5.95 | 5.30 | 5.85 | 3.24 | 3.71 |
| Net Debt / FCF Ratio | 19.72 | -57.04 | 68.61 | 18.80 | 5.22 | 4.49 |
| Asset Turnover | 0.46 | 0.43 | 0.41 | 0.40 | 0.41 | 0.42 |
| Inventory Turnover | 1.55 | 1.55 | 1.59 | 1.84 | 1.83 | 1.91 |
| Quick Ratio | 1.71 | 1.19 | 0.59 | 1.85 | 2.24 | 2.23 |
| Current Ratio | 3.62 | 2.54 | 1.17 | 3.45 | 3.62 | 3.39 |
| Return on Equity (ROE) | 1.24% | -39.90% | -0.44% | 3.99% | 10.35% | 10.57% |
| Return on Assets (ROA) | 2.86% | 2.39% | 2.91% | 1.82% | 3.89% | 3.38% |
| Return on Invested Capital (ROIC) | 3.43% | 4.81% | 5.85% | 3.15% | 6.91% | 5.56% |
| Return on Capital Employed (ROCE) | 5.20% | 4.60% | 5.80% | 3.20% | 6.70% | 5.80% |
| Earnings Yield | 1.32% | -53.39% | -0.40% | 1.99% | 3.86% | 2.98% |
| FCF Yield | 8.65% | -3.21% | 1.43% | 2.15% | 4.74% | 4.66% |
| Buyback Yield / Dilution | -1.38% | 0.44% | 4.14% | 3.81% | 2.30% | -0.30% |