Valuation
Is the price right?3/3 inputs reported · High confidence
Helped by:
- ▲ EBITDA yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026
3/3 inputs reported · High confidence
Helped by:
Sector-normalized EBITDA, earnings, and free cash flow yields.
3/3 inputs reported · High confidence
Mixed versus peers:
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
3/3 inputs reported · High confidence
Helped by:
Return on invested capital, operating margin, and return on assets.
3/3 inputs reported · High confidence
Weaker than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 22.2B USD | 22.5B USD | +1.2% |
| Net income (12 months) | 1.1B USD | 942.0M USD | −17.3% |
| Operating margin | 11.1% | 10.7% | −0.5 pts |
| Free cash flow (12 months) | 3.5B USD | 3.2B USD | −8.4% |
| Debt | 17.3B USD | 16.8B USD | −2.7% |
| Cash | 813.0M USD | 708.0M USD | −12.9% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Medical Instruments & Supplies are near the bottom of their range since Jul 2018.
| Key ratios | FY Sep 2021 | FY Sep 2022 | FY Sep 2023 | FY Sep 2024 | FY Sep 2025 | Change |
|---|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — | — |
| Operating margin | 11.8% | 12.1% | 10.9% | 11.9% | 11.8% | ▼ 0.1 pts |
| Net margin | 10.9% | 9.4% | 7.7% | 8.4% | 7.7% | ▼ 0.8 pts |
| Return on assets (ROA) | 3.9% | 3.4% | 2.8% | 3.0% | 3.0% | ▲ 0.1 pts |
| Return on equity (ROE) | 8.8% | 7.0% | 5.8% | 6.6% | 6.6% | ▲ 0.0 pts |
| Free cash flow margin | 18.0% | 7.9% | 10.9% | 15.5% | 12.2% | ▼ 3.2 pts |
| Current ratio | 1.33× | 1.04× | 1.31× | 1.17× | 1.11× | ▼ 4.7% |
| Quick ratio | 0.92× | 0.63× | 0.81× | 0.74× | 0.64× | ▼ 13% |
| Debt to equity | 0.74× | 0.64× | 0.62× | 0.78× | 0.76× | ▼ 2.7% |
| Interest coverage | 4.80× | 5.73× | 4.67× | 4.54× | 4.21× | ▼ 7.3% |
Price history is added with the daily price update and will appear after the next one.