NYSE : ENOV
Enovis Corporation — Financial statements
Healthcare · Medical Devices · United States
Last price 19.91 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.15B
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Financial statements
Enovis Corporation (ENOV) reported revenue of 2.30B 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 | 2.30B | 2.25B | 2.11B | 1.71B | 1.56B | 1.43B |
| Cost of Revenue | 888.42M | 879.32M | 857.21M | 713.65M | 679.18M | 632.55M |
| Gross Profit | 1.41B | 1.37B | 1.25B | 993.54M | 883.92M | 793.63M |
| Selling, General & Admin | 1.03B | 999.35M | 919.85M | 764.61M | 711.89M | 642.33M |
| Research & Development | 124.32M | 120.33M | 91.30M | 75.33M | 60.83M | 49.09M |
| Amortization of Goodwill & Intangibles | 172.34M | 173.65M | 165.53M | 133.52M | 126.30M | 116.92M |
| Operating Expenses | 1.32B | 1.29B | 1.18B | 973.45M | 899.02M | 808.34M |
| Operating Income | 84.01M | 75.40M | 73.73M | 20.09M | -15.10M | -14.71M |
| Interest Expense | -78.65M | -83.72M | -90.20M | -27.25M | -24.95M | -28.81M |
| Interest & Investment Income | 45.10M | 48.90M | 33.10M | 7.50M | 200.00K | 200.00K |
| Currency Exchange Gain (Loss) | -11.10M | 24.30M | 700.00K | -500.00K | ||
| Other Non Operating Income (Expenses) | 47.77M | 1.42M | 878.00K | 1.36M | 2.09M | |
| EBT Excluding Unusual Items | 98.23M | 41.99M | 6.41M | 26.00M | -37.06M | -43.82M |
| Merger & Restructuring Charges | -72.03M | -92.16M | -180.35M | -37.80M | -31.76M | -24.64M |
| Impairment of Goodwill | -1.05B | -1.05B | -645.00M | |||
| Gain (Loss) on Sale of Investments | 111.47M | |||||
| Other Unusual Items | -44.76M | -59.51M | -3.98M | -55.33M | -81.42M | -53.32M |
| Pretax Income | -1.07B | -1.16B | -822.92M | -67.13M | -2.07M | -121.78M |
| Income Tax Expense | 30.81M | 22.29M | 4.49M | -13.29M | 36.12M | -19.53M |
| Earnings From Continuing Operations | -1.10B | -1.18B | -827.42M | -53.84M | -38.19M | -102.25M |
| Earnings From Discontinued Operations | -1.73M | -1.91M | 2.60M | 21.11M | 25.46M | 174.96M |
| Net Income to Company | -1.10B | -1.18B | -824.82M | -32.73M | -12.72M | 72.71M |
| Minority Interest in Earnings | -836.00K | -820.00K | -679.00K | -530.00K | -567.00K | -1.05M |
| Net Income | -1.10B | -1.18B | -825.49M | -33.26M | -13.29M | 71.66M |
| Net Income to Common | -1.10B | -1.18B | -825.49M | -33.26M | -13.29M | 71.66M |
| Shares Outstanding (Basic) | 57.32M | 57.07M | 55.28M | 54.49M | 54.07M | 51.14M |
| Shares Outstanding (Diluted) | 57.32M | 57.07M | 55.28M | 54.49M | 54.07M | 51.14M |
| EPS (Basic) | -19.22 | -20.75 | -14.93 | -0.61 | -0.25 | 1.40 |
| EPS (Diluted) | -19.22 | -20.75 | -14.93 | -0.61 | -0.25 | 1.40 |
| Free Cash Flow | 63.66M | 19.92M | -67.21M | 12.77M | -161.31M | 251.86M |
| Free Cash Flow Per Share | 1.11 | 0.35 | -1.22 | 0.23 | -2.98 | 4.92 |
| Gross Margin | 61.32% | 60.88% | 59.33% | 58.20% | 56.55% | 55.65% |
| Operating Margin | 3.66% | 3.35% | 3.50% | 1.18% | -0.97% | -1.03% |
| Profit Margin | -47.97% | -52.69% | -39.17% | -1.95% | -0.85% | 5.02% |
| Free Cash Flow Margin | 2.77% | 0.89% | -3.19% | 0.75% | -10.32% | 17.66% |
| EBITDA | 379.78M | 369.77M | 358.52M | 237.20M | 204.61M | 248.21M |
| EBITDA Margin | 16.54% | 16.45% | 17.01% | 13.89% | 13.09% | 17.40% |
| D&A For EBITDA | 295.77M | 294.38M | 284.80M | 217.11M | 219.71M | 262.92M |
| EBIT | 84.01M | 75.40M | 73.73M | 20.09M | -15.10M | -14.71M |
| EBIT Margin | 3.66% | 3.35% | 3.50% | 1.18% | -0.97% | -1.03% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 12.56M | 36.39M | 48.17M | 36.19M | 24.30M | 680.25M |
| Cash & Short-Term Investments | 12.56M | 36.39M | 48.17M | 36.19M | 24.30M | 680.25M |
| Receivables | 441.85M | 442.79M | 407.03M | 291.48M | 267.38M | 254.96M |
| Inventory | 601.66M | 584.38M | 547.12M | 468.83M | 426.64M | 356.23M |
| Prepaid Expenses | 48.51M | 42.28M | 36.25M | 28.90M | 28.55M | 26.05M |
| Other Current Assets | 110.12M | 101.22M | 107.88M | 71.11M | 48.16M | 985.79M |
| Total Current Assets | 1.21B | 1.21B | 1.15B | 896.52M | 795.02M | 2.30B |
| Property, Plant & Equipment | 602.37M | 579.32M | 473.42M | 334.30M | 303.62M | 311.60M |
| Long-Term Investments | 21.40M | |||||
| Goodwill | 709.85M | 718.30M | 1.69B | 2.06B | 1.98B | 1.93B |
| Other Intangible Assets | 1.15B | 1.24B | 1.32B | 1.13B | 1.11B | 1.15B |
| Long-Term Deferred Tax Assets | 26.90M | |||||
| Long-Term Deferred Charges | 5.00M | 5.50M | 200.00K | |||
| Other Long-Term Assets | 83.89M | 39.55M | 88.78M | 90.25M | 80.29M | 2.81B |
| Total Assets | 3.77B | 3.83B | 4.72B | 4.51B | 4.27B | 8.52B |
| Accounts Payable | 194.47M | 187.53M | 179.10M | 132.47M | 135.63M | 155.21M |
| Accrued Expenses | 218.30M | 246.57M | 220.84M | 186.74M | 156.07M | 174.79M |
| Current Portion of Long-Term Debt | 37.39M | 35.00M | 20.03M | 219.28M | 7.70M | |
| Current Portion of Leases | 25.38M | 24.74M | 22.34M | 21.57M | 24.28M | 21.94M |
| Current Income Taxes Payable | 71.06M | 27.18M | 21.34M | 14.38M | 13.68M | 12.97M |
| Current Unearned Revenue | 5.26M | 6.50M | 6.23M | 2.95M | 3.56M | 9.20M |
| Other Current Liabilities | 60.18M | 70.95M | 59.12M | 11.48M | 12.71M | 641.77M |
| Total Current Liabilities | 612.05M | 598.47M | 529.00M | 369.61M | 565.20M | 1.02B |
| Long-Term Debt | 1.25B | 1.26B | 1.31B | 466.16M | 40.00M | 2.08B |
| Long-Term Leases | 59.16M | 58.00M | 52.46M | 48.68M | 51.26M | 56.55M |
| Long-Term Deferred Tax Liabilities | 102.70M | |||||
| Other Long-Term Liabilities | 368.63M | 321.87M | 263.52M | 204.18M | 166.99M | 695.72M |
| Total Liabilities | 2.29B | 2.34B | 2.15B | 1.09B | 823.45M | 3.85B |
| Common Stock | 58.00K | 57.00K | 56.00K | 55.00K | 54.00K | 52.00K |
| Additional Paid-In Capital | 3.07B | 3.05B | 2.97B | 2.90B | 2.93B | 4.54B |
| Retained Earnings | -1.48B | -1.47B | -283.02M | 542.47M | 575.73M | 589.02M |
| Comprehensive Income & Other | -111.24M | -91.36M | -127.89M | -24.88M | -53.43M | -516.01M |
| Total Common Equity | 1.48B | 1.49B | 2.56B | 3.42B | 3.45B | 4.62B |
| Minority Interest | 2.10M | 2.26M | 2.07M | 2.31M | 1.72M | 44.05M |
| Shareholders' Equity | 1.48B | 1.49B | 2.56B | 3.42B | 3.45B | 4.66B |
| Total Liabilities & Equity | 3.77B | 3.83B | 4.72B | 4.51B | 4.27B | 8.52B |
| Total Debt | 1.37B | 1.38B | 1.40B | 536.42M | 334.82M | 2.16B |
| Net Cash (Debt) | -1.36B | -1.34B | -1.36B | -500.23M | -310.52M | -1.48B |
| Net Cash Per Share | -23.67 | -23.54 | -24.53 | -9.18 | -5.74 | -29.03 |
| Filing Date Shares Outstanding | 57.67M | 57.25M | 56.96M | 54.62M | 54.33M | 53.78M |
| Total Common Shares Outstanding | 57.67M | 57.19M | 55.88M | 54.60M | 54.23M | 52.08M |
| Working Capital | 602.64M | 608.59M | 617.45M | 526.91M | 229.82M | 1.28B |
| Book Value Per Share | 25.61 | 26.05 | 45.86 | 62.61 | 63.58 | 88.65 |
| Tangible Book Value | -383.11M | -465.37M | -447.88M | 230.14M | 353.77M | 1.53B |
| Tangible Book Value Per Share | -6.64 | -8.14 | -8.02 | 4.22 | 6.52 | 29.36 |
| Land | 8.26M | 6.67M | 6.45M | 5.93M | 6.08M | |
| Buildings | 94.40M | 67.14M | 41.20M | 36.55M | 33.17M | |
| Machinery | 801.21M | 650.21M | 465.60M | 375.44M | 325.34M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.10B | -1.18B | -825.49M | -33.26M | -13.29M | 71.66M |
| Depreciation & Amortization | 295.77M | 294.38M | 284.80M | 217.11M | 219.71M | 262.92M |
| Loss (Gain) From Sale of Assets | 1.38M | 1.46M | 1.22M | -14.54M | 352.00K | -2.57M |
| Asset Writedown & Restructuring Costs | 1.05B | 1.05B | 650.31M | |||
| Loss (Gain) From Sale of Investments | -111.47M | |||||
| Stock-Based Compensation | 34.56M | 32.92M | 29.66M | 34.06M | 38.95M | 35.35M |
| Other Operating Activities | -32.24M | 7.76M | -13.06M | -41.12M | 32.17M | 5.85M |
| Change in Accounts Receivable | 6.81M | -10.75M | -57.05M | -16.32M | -45.19M | -110.98M |
| Change in Inventory | 23.56M | -11.98M | 39.07M | -24.74M | -118.79M | -129.97M |
| Change in Accounts Payable | -19.32M | -1.14M | 13.98M | -6.64M | -11.84M | 178.47M |
| Change in Other Net Operating Assets | 11.51M | 39.34M | -9.93M | 20.42M | -46.46M | 45.38M |
| Operating Cash Flow | 270.10M | 217.29M | 113.50M | 134.99M | -55.86M | 356.10M |
| Capital Expenditures | -206.44M | -197.38M | -180.71M | -122.22M | -105.45M | -104.24M |
| Sale of Property, Plant & Equipment | 32.57M | 2.75M | 7.03M | |||
| Cash Acquisitions | -3.98M | -26.86M | -769.91M | -152.81M | -73.68M | -223.27M |
| Divestitures | 43.26M | 43.26M | ||||
| Other Investing Activities | 1.60M | -4.84M | ||||
| Investing Cash Flow | -167.16M | -179.37M | -955.47M | -242.47M | -176.39M | -320.48M |
| Long-Term Debt Issued | 544.00M | 1.39B | 915.00M | 515.00M | 991.49M | |
| Long-Term Debt Repaid | -580.92M | -532.77M | -697.80M | -2.11B | -1.12B | |
| Net Debt Issued (Repaid) | -113.94M | -36.92M | 859.23M | 217.19M | -1.59B | -126.03M |
| Issuance of Common Stock | 1.20M | 1.32M | 1.87M | 1.78M | 5.81M | 745.18M |
| Repurchase of Common Stock | -1.53M | -3.50M | -4.77M | |||
| Other Financing Activities | -20.09M | -13.29M | -9.51M | -91.17M | 1.12B | -34.24M |
| Financing Cash Flow | -134.36M | -52.40M | 846.82M | 127.80M | -465.13M | 584.91M |
| Foreign Exchange Rate Adjustments | -93.00K | 2.70M | -1.52M | 219.00K | 2.30M | -2.23M |
| Net Cash Flow | -31.51M | -11.78M | 3.33M | 20.54M | -695.08M | 618.30M |
| Free Cash Flow | 63.66M | 19.92M | -67.21M | 12.77M | -161.31M | 251.86M |
| Free Cash Flow Margin | 2.77% | 0.89% | -3.19% | 0.75% | -10.32% | 17.66% |
| Free Cash Flow Per Share | 1.11 | 0.35 | -1.22 | 0.23 | -2.98 | 4.92 |
| Levered Free Cash Flow | 185.94M | 104.80M | 24.11M | 61.28M | 306.08M | 49.92M |
| Unlevered Free Cash Flow | 235.10M | 157.13M | 80.49M | 78.31M | 321.67M | 67.93M |
| Cash Interest Paid | 27.45M | 27.45M | 51.83M | 16.33M | 37.09M | 85.49M |
| Cash Income Tax Paid | 18.38M | 18.38M | 10.80M | 12.52M | 31.36M | 47.19M |
| Change in Working Capital | 22.56M | 15.46M | -13.93M | -27.27M | -222.29M | -17.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.19B | 1.52B | 2.45B | 3.06B | 2.90B | 7.12B |
| Enterprise Value | 2.55B | 2.93B | 3.83B | 3.49B | 3.17B | 8.77B |
| Last Close Price | 19.91 | 26.64 | 43.88 | 56.02 | 53.52 | 79.07 |
| PE Ratio | 99.30 | |||||
| Forward PE | 5.90 | 8.16 | 14.40 | 21.59 | 22.53 | 18.67 |
| PS Ratio | 0.53 | 0.68 | 1.16 | 1.79 | 1.85 | 4.99 |
| PB Ratio | 0.78 | 1.02 | 0.96 | 0.89 | 0.84 | 1.53 |
| P/TBV Ratio | 13.29 | 8.19 | 4.65 | |||
| P/FCF Ratio | 19.11 | 76.49 | 239.59 | 28.25 | ||
| P/OCF Ratio | 4.50 | 7.01 | 21.60 | 22.66 | 19.98 | |
| PEG Ratio | 0.82 | 4.17 | 4.17 | 4.17 | 1.30 | 0.75 |
| EV/Sales Ratio | 1.12 | 1.30 | 1.82 | 2.05 | 2.03 | 6.15 |
| EV/EBITDA Ratio | 6.77 | 7.93 | 10.69 | 14.73 | 15.49 | 35.34 |
| EV/EBIT Ratio | 30.63 | 38.92 | 52.00 | 173.90 | ||
| EV/FCF Ratio | 40.41 | 147.32 | 273.67 | 34.82 | ||
| Debt / Equity Ratio | 0.93 | 0.93 | 0.55 | 0.16 | 0.10 | 0.46 |
| Debt / EBITDA Ratio | 3.40 | 3.51 | 3.66 | 2.07 | 1.47 | 8.07 |
| Debt / FCF Ratio | 21.51 | 69.26 | 42.02 | 8.60 | ||
| Net Debt / Equity Ratio | 0.92 | 0.90 | 0.53 | 0.15 | 0.09 | 0.32 |
| Net Debt / EBITDA Ratio | 3.57 | 3.63 | 3.78 | 2.11 | 1.52 | 5.98 |
| Net Debt / FCF Ratio | 21.31 | 67.44 | -20.18 | 39.19 | -1.93 | 5.89 |
| Asset Turnover | 0.52 | 0.53 | 0.46 | 0.39 | 0.24 | 0.18 |
| Inventory Turnover | 1.45 | 1.55 | 1.69 | 1.59 | 1.74 | 1.37 |
| Quick Ratio | 0.74 | 0.80 | 0.86 | 0.89 | 0.52 | 0.91 |
| Current Ratio | 1.99 | 2.02 | 2.17 | 2.43 | 1.41 | 2.25 |
| Return on Equity (ROE) | -54.14% | -58.27% | -27.65% | -1.57% | -0.94% | -2.48% |
| Return on Assets (ROA) | 1.20% | 1.10% | 1.00% | 0.29% | -0.15% | -0.12% |
| Return on Invested Capital (ROIC) | 2.95% | 2.23% | 1.88% | 0.52% | -0.30% | -0.24% |
| Return on Capital Employed (ROCE) | 2.70% | 2.30% | 1.80% | 0.50% | -0.40% | -0.20% |
| Earnings Yield | -92.79% | -77.74% | -33.67% | -1.09% | -0.46% | 1.01% |
| FCF Yield | 5.23% | 1.31% | -2.74% | 0.42% | -5.57% | 3.54% |
| Buyback Yield / Dilution | -1.67% | -3.23% | -1.44% | -0.79% | -5.72% | -12.18% |